Watermark
- Assets
- $0.0
- Revenue
- $738.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Campbell, CA
- Founding
- 12/1997
- Data as of
- 12/2020
- EIN
- 77-0460590
Organization Overview
Watermark is located in Campbell, CA. The organization was established in 1997. According to its NTEE Classification (R24) the organization is classified as: Womens Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2020, Watermark employed 6 individuals. Watermark is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Watermark generated $738.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $895.5k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO INCREASE THE REPRESENTATION OF WOMEN IN LEADERSHIP ROLES BY EMPOWERING THEM TO MAKE THEIR MARK IN AND FOR THEIR COMPANIES, THEIR CAREERS AND THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATERMARK OFFERS EDUCATION AND COMMUNITY TO:1) INCREASE WOMEN'S CAPACITY TO LEAD MORE STRATEGICALLY AND EFFECTIVELY BY OFFERING CRITICAL TOOLS, SKILLS, KNOWLEDGE, AND MEANINGFUL CONNECTIONS;2) CREATE A COLLABORATIVE ENVIRONMENT THAT LEADS TO NEW BUSINESS OPPORTUNITIES, BEST PRACTICES GLEANED FROM EXPERIENCE, AND SOLUTIONS TO BUSINESS CHALLENGES;3) SUPPORT CORPORATE INITIATIVES TO ATTRACT AND RETAIN MORE SENIOR WOMEN LEADERS;4) CONNECT AN AUTHORITATIVE NETWORK OF SENIOR EXECUTIVES, SUCCESSFUL ENTREPRENEURS AND WOMEN THOUGHT-LEADERS;5) BECOME MORE EFFECTIVE LEADERS THROUGH FORUMS, WORKSHOPS, EDUCATIONAL EVENTS, AND NETWORKS;6) OFFERING A VARIETY OF PROGRAMS THAT SUPPORT WOMEN'S DEVELOPMENT FROM EMERGING LEADERS THROUGH SENIOR EXECUTIVES. WITHIN CORPORATE MANAGEMENT AND ON CORPORATE BOARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaretta Northrop CEO | Officer | 40 | $189,196 |
Ann Barlow Chairman (1/1/20-12/2/20) | OfficerTrustee | 2 | $0 |
Erika Varga Mcenroe Secretary | OfficerTrustee | 1 | $0 |
Derek Dewinter Treasurer | OfficerTrustee | 1 | $0 |
Mary Ann Bianco-Pfeiffer Vice Chair/chair | OfficerTrustee | 1 | $0 |
Jessica Aquirre Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $95,848 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $528 |
| Noncash contributions included in lines 1a–1f | $528 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,376 |
| Total Program Service Revenue | $639,862 |
| Investment income | $44 |
| 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 | $738,097 |
| 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. | $190,102 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $300,802 |
| Pension plan accruals and contributions | $17,130 |
| Other employee benefits | $34,328 |
| Payroll taxes | $36,429 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $46,143 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $35,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,419 |
| Advertising and promotion | $3,170 |
| Office expenses | $57,255 |
| Information technology | $12,686 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $895,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| 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 | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Watermark has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Chambers Family Foundation Palo Alto, CA PURPOSE: EDUCATIONAL ACTIVITIES AND PROGRAMS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womens Foundation Of California Oakland, CA | $20,392,428 | $10,463,697 |
Grove Action Fund Los Altos, CA | $36,028,754 | $383,011 |
Environment Now Newport Beach, CA | $33,886,919 | $1,074,569 |
Representation Project Sacramento, CA | $584,066 | $1,041,406 |
Victor Valley Domestic Violence Inc Victorville, CA | $1,314,603 | $1,253,753 |
2020 Women On Boards Los Angeles, CA | $1,550,075 | $1,471,452 |
Watermark Campbell, CA | $0 | $738,097 |
Times Up Now Inc Encino, CA | $393,095 | $866,493 |
Women S Center For Creative Work Glendale, CA | $188,008 | $675,373 |
Interfaith Voices For Reproductive Justice Las Vegas, NV | $0 | $446,307 |
Black Women For Wellness Action Project Los Angeles, CA | $328,483 | $243,310 |
Ms Jd Covina, CA | $193,955 | $466,276 |