Waters Center For Systems Thinking Inc
- Assets
- $326.3k
- Revenue
- $984.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Tucson, AZ
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 83-2041181
Organization Overview
Waters Center For Systems Thinking Inc is located in Tucson, AZ. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Waters Center For Systems Thinking Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waters Center For Systems Thinking Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Waters Center For Systems Thinking Inc generated $984.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $825.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AT THE WATERS CENTER FOR SYSTEMS THINKING (WCST) OUR MISSION IS TO EMPOWER INDIVIDUALS TO ADOPT SYSTEMS THINKING IN THEIR WORK AND LIFE. BY LEVERAGING THIS TRANSFORMATIONAL APPROACH TO LEARNING, LEADING AND PROBLEM-SOLVING, PEOPLE OF ALL AGES AND BACKGROUNDS ARE ABLE TO UNCOVER EQUITABLE AND SUSTAINABLE SOLUTIONS. THROUGH STRATEGIC PARTNERSHIPS, WE OFFER SYSTEMS THINKING PROFESSIONAL DEVELOPMENT SERVICES TO ORGANIZATIONS, SCHOOL SYSTEMS, AND INDIVIDUALS, EMPOWERING THEM TO THINK CRITICALLY, INNOVATE, AND CREATE POSITIVE CHANGE. WCST OPERATES AN ONLINE LEARNING PLATFORM, THINKING TOOLS STUDIO, AND MAKES AVAILABLE HABITS CARDS, BOOKS, POSTERS AND OTHER EDUCATIONAL MATERIALS AVAILABLE FOR SALE FOR A REASONABLE FEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WCST USES A SET OF HABITS, CONCEPTS AND TOOLS TO MAKE SYSTEMS THINKING ACCESSIBLE TO EVERYONE. THIS INSTRUCTIONAL TOOLBOX IS THE FOUNDATION OF OUR APPROACH TO HELPING PEOPLE BECOME SYSTEMS THINKERS. WCST HAS WORKED WITH PEOPLE FROM AROUND THE WORLD, WITH METHODS THAT EFFECTIVELY BENEFIT AND SUPPORT PEOPLE FROM DIVERSE CULTURES, AGE GROUPS AND WORK PLACES. OUR OFFERINGS INCLUDE: -COACHING AND SUPPORT STRUCTURES FOR ADOPTING AND IMPLEMENTING SYSTEMS THINKING INTO ORGANIZATIONS, SCHOOLS, AND COMMUNITIES; -A RANGE OF SYSTEMS THINKING PROFESSIONAL DEVELOPMENT OPTIONS FROM INTRODUCTORY TO ADVANCED -CUSTOMIZED SYSTEMS THINKING INTEGRATION PLANS CREATED FOR SPECIFIC DESIRED OUTCOMES; -MULTI-DAY LEARNING EVENTS, SYSTEMS THINKING TRAINING, INSTITUTES, AND FORUMS OFFERED BOTH VIRTUALLY AND IN PERSON. -AN ONLINE LEARNING PLATFORM, THE THINKING TOOLS STUDIO, WITH A WIDE ARRAY OF OFFERINGS INCLUDING COURSES ON THE HABITS, TOOLS, AND ARCHETYPES, RESOURCES, TEMPLATES, LESSON PLANS, AND FACILITATION GUIDES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Benson CEO And Pres | OfficerTrustee | 40 | $125,000 |
Sheri Marlin Chief Learni | OfficerTrustee | 40 | $105,713 |
Travis Jones Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,635 |
| Total Program Service Revenue | $684,056 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $984,691 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $566,437 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,881 |
| Payroll taxes | $51,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,513 |
| Fees for services: Accounting | $3,166 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,968 |
| Advertising and promotion | $5,065 |
| Office expenses | $17,692 |
| Information technology | $9,418 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,298 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $105 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,984 |
| All other expenses | $16,855 |
| Total functional expenses | $825,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,069 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $145,603 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,640 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $326,312 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,046 |
| Total liabilities | $9,046 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $317,266 |
| Total liabilities and net assets/fund balances | $326,312 |