2024-11-15T10:19:08-06:00 2023-12-31 061138540 BURRUANO & COMPANY LLP 200 BUSINESS PARK DRIVE - STE 106 ARMONK NY 10504 990 2023-01-01 364624060 THE WATERSHED CENTER INC WATE 9178862852 44 KAYE ROAD MILLERTON NY 12546 GREGG OSOFSKY DIRECTOR 9178862852 2024-11-14 1 0 SAM BURRUANO CPA P00234623 9142735300 2023 2024-10-15 13:58:12Z CARINNE LUCK 44 KAYE ROAD MILLERTON NY 12546 563834 0 X WWW.THEWATERSHEDCENTER.ORG X 2007 NY PROVIDE SERVICES TO LOW-INCOME, UNDER-SERVED AND VULNERABLE COMMUNITIES AND NON-PROFIT CHARITABLE ORGANIZATIONS THROUGH WORKSHOPS, CONFERENCES, TRAINING AND RETREATS FOR ADVOCACY, LEADERSHIP AND DEVELOPMENT, CAREER AND LIFE SKILLS DEVELOPMENT 4 4 9 0 0 0 227159 246795 417983 307340 1740 9699 0 0 646882 563834 6000 470 0 0 193937 240184 0 0 4804 539340 387863 739277 628517 -92395 -64683 1283000 1209558 960535 951778 322465 257780 X THE ORGANIZATION'S MISSION IS TO WORK WITH LOW-INCOME, UNDER-SERVED AND VULNERABLE COMMUNITIES, AS WELL AS OTHER NON-PROFIT CHARITABLE ORGANIZATIONS, SOCIAL JUSTICE GRASSROOTS GROUPS; AND SERVICE PROVIDES OF THESE COMMUNITIES BY PROVIDING, FACILITATING, AND MANAGING WORKSHOPS, EVENTS, CONFERENCES, TRAININGS AND RETREATS IN AREAS SUCH AS ADVOCACY SKILLS, LEADERSHIP DEVELOPMENT, JOB TRAINING, CAREER DEVELOPMENT, ARTS AND CULTURE, PERSONAL AND ECOLOGICAL HEALTH AND LIFE SKILLS. THE ORGANIZATION SEEKS TO PROVIDE ASSISTANCE NOT ONLY TO INDIVIDUALS BUT TO ORGANIZATIONS THAT HAVE BEEN ESTABLISHED TO REPRESENT AND HELP THE ABOVE DESCRIBED COMMUNITIES AND GROUPS AS WELL. 0 0 76887 53500 THE WATERSHED CENTER PROVIDES FISCAL SPONSORSHIP TO ALLOW ORGANIZATIONS AND INDIVIDUALS TO RAISE FUNDS FOR EMERGING PROGRAMS AND ORGANIZATIONS THAT ARE ALIGNED WITH ITS MISSION. 458705 470 253840 THE WATERSHED CENTER FACILITATES WORKSHOPS, EVENTS, CONFERENCES, TRAININGS, AND RETREATS IN AREAS SUCH AS ADVOCACY SKILLS, LEADERSHIP, DEVELOPMENT, JOB TRAINING, CAREER DEVELOPMENT, AND LIFE SKILLS. 535592 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 NY X GREGG OSOFSKY 9148862852 44 KAYE ROAD MILLERTON NY 12546 CELIA KUTZ PRESIDENT 2.00 X 0 0 0 SONYA SHAH TREASURER 1.00 X 0 0 0 THOMAS KRUISE SECRETARY 1.00 X 0 0 0 ALONDA POWELL-JOHNSON DIRECTOR 1.00 X 0 0 0 GREGG OSOFSKY OFFICER 40.00 X 31400 0 0 31400 0 0 0 0 0 0 0 61655 185140 246795 PROG SERV REVENUE-RELA 611430 307340 307340 307340 9699 9699 563834 307340 0 9699 470 470 214979 161234 49445 4300 5787 4340 1331 116 19418 14564 4466 388 17461 17461 4777 4777 129662 123179 6483 15949 15152 797 14001 13301 700 DIRECT PROGRAM EXPENSES 153886 153886 REPAIRS AND MAINTENANCE 32257 30644 1613 SUPPLIES 8413 7932 481 TRAVEL AND MEETINGS 7426 7426 4031 3464 567 628517 535592 88121 4804 225865 224256 27090 28878 285282 152191 148770 133091 27576 33764 853699 789569 1283000 1209558 31330 60579 929205 891199 960535 951778 X 291282 214597 31183 43183 322465 257780 1283000 1209558 -64683 0 X X 1 X 0 1 0 X 89814 294955 210616 227159 173140 995684 89814 294955 210616 227159 173140 995684 509664 486020 6845 2890 1740 9699 21174 1016858 1974308 0.47800 0.59230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20289 1178 19111 126079 31047 95032 138914 119966 18948 133091 RIGHT OF USE ASSET 789569 789569 DEFERRED REVENUE 36070 RETREAT DEPOSIT 63913 DONOR DESIGNATIONS PAYABLE 1648 LEASE LIABILITY 789568 891199 X PART X, LINE 2: THE ORGANIZATION ADOPTED THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC. THE INCOME TAXES TOPIC OF THE FASB ASC PRESCRIBES THE MEASUREMENT AND DISCLOSURE REQUIREMENTS FOR CURRENT AND DEFERRED INCOME TAX PROVISIONS. IT ALSO PRESCRIBES A RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND PROVIDES GUIDANCE ON DE-RECOGNITION, MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION RULES. THE IMPLEMENTATION OF THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC HAD NO IMPACT ON THE FINANCIAL STATEMENTS BECAUSE THE MEASUREMENT AND DISCLOSURE PRINCIPLES OF THIS FASB ASC TOPIC GENERALLY DO NOT APPLY TO NON-PROFIT ORGANIZATIONS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE ASSOCIATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING DECEMBER 31, 2020, 2021 AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS WHICH IS GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. BROOKE LEHMAN FOUNDER/FORMER OFFICER 66000 RENT PAYMENT 0 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND TREASURER BOTH RECEIVE AND APPROVE COPIES OF THE 990 BEFORE IT IS FILED FORM 990, PART VI, SECTION B, LINE 12C PART VI LINE 12C: THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION C, LINE 19 PART VI LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE REVIEWED BY AN INDEPENDENT ACCOUNTANT THE ORGANIZATION HAS A AUDIT COMMITTEE THAT OVERSIGHT THE REVIEW PROCESS.