Home › Community improvement & capacity building
Waterstone Supporting Organization Trust 1
Waterstone Supporting Organization Trust 1 reported $61.8 million in revenue and $23.5 million in expenses for calendar year 2024. Of every $100 it spent, $92.13 went to program services, $7.87 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 76.0% of the total. The highest compensation it reported for one person was $348,525 (TRUSTEE). Revenue rose 116% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $62MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.1% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.9% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 76.0% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $348,525 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.48% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 117.8 | 9.2 |
| Independent voting board members Part VI 1a–1b | 1 of 3 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| TRUSTEE Director/trustee, 1.00 hrs/week | $0 | $326,459 | $22,066 | $348,525 |
| TRUSTEE Director/trustee, 1.00 hrs/week | $0 | $275,300 | $29,044 | $304,344 |
0 people received more than $100,000 in reportable compensation from Waterstone Supporting Organization Trust 1 (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 1 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 61
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CHRISTIAN COMMUNITY FOUNDATION Management services | $979,778 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Waterstone Supporting Organization Trust 1's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Waterstone Supporting Organization Trust 1, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Waterstone Supporting Organization Trust 1 spent in 2024, $92.13 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Manned Space Flight Education FoundationHouston, TX · revenue $61M · programs 78.2% · 2024
- IffChicago, IL · revenue $63M · programs 92.6% · 2025
- Neighborhood Improvement ProjectAugusta, GA · revenue $58M · programs 76.6% · 2024
- Housing WorksBrooklyn, NY · revenue $64M · programs 99.3% · FY2025
- Community of HopeWashington, DC · revenue $58M · programs 85.7% · 2024
All community improvement & capacity building charities · Largest charities in Colorado
Questions people ask
How much of Waterstone Supporting Organization Trust 1's spending goes to programs?
In calendar year 2024, Waterstone Supporting Organization Trust 1 reported that 92.1% of its $23.5 million in expenses went to program services, 7.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Waterstone Supporting Organization Trust 1 pay its top executive?
The largest total compensation Waterstone Supporting Organization Trust 1 reported for one person in calendar year 2024 was $348,525, for the role of TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Waterstone Supporting Organization Trust 1 get its money?
Of $61.8 million in revenue in calendar year 2024, 76.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Waterstone Supporting Organization Trust 1 a registered charity?
The IRS lists EIN 45-4295864 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202610919349300921 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202412989349302166 · read the filing
- 2022: Form 990 for calendar year 2022, object 202332859349301123 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243089349302814 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133169349311623 · read the filing
All filings for EIN 45-4295864: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.