Public Benefit : Community Foundations
WaterStone
The foundation for living. Defined.
Rating
| Overall Rating |  |
||
| (66.73) | |||
| Organizational Efficiency | |||
| Program Expenses | 92.3% | ||
| Administrative Expenses | 4.5% | ||
| Fundraising Expenses | 3.1% | ||
| Fundraising Efficiency | $0.01 | ||
| Efficiency Rating |  |
||
| (39.23) | |||
| Organizational Capacity | |||
| Primary Revenue Growth | 27.8% | ||
| Program Expenses Growth | 16.2% | ||
| Working Capital Ratio (years) | 4.29 | ||
| Capacity Rating | |
||
| (27.50) |
Income Statement (FYE 12/2007)
Contact Information
WaterStone
2925 Professional Place
Suite 201
Colorado Springs, CO 80904
tel: (719) 447-4620
fax: (719) 447-4700
EIN: 75-1750059
Leadership (FYE 12/2007)
| Name | Title | Compensation | % of Expenses | |
|---|---|---|---|---|
| John Mulder | President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) | $128,382 | 0.59% | |
| Other Salaries of Note | ||||
| Valerie Cornelius | Director of Operations (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) | $67,320 | 0.31% | |
| Caleb Cornelius | Controller (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) | $53,541 | 0.24% | |
Donor Privacy Policy
NO, this charity does not have a written donor privacy policy.
Mission
WaterStone exists to glorify Jesus Christ by inspiring and enabling personal commitment of time, talent and treasure to the expansion of the Kingdom of God. The mission of WaterStone is to encourage and facilitate donors to achieve Christ-centered objectives by providing excellence in personalized charitable giving services and educational resources. Since WaterStone was incorporated in 1980 as the Christian Community Foundation (CCF), our passion and expertise have helped aid and support numerous ministries and charitable organizations. In February 2007, because of a proliferation of Christian and national foundations saying the same thing with similar names - and with a desire to redefine the area of giving - CCF and National Foundation, Inc. became WaterStone.
Charities Performing Similar Types of Work
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| WaterStone - CO | 66.73 | |
| The National Christian Foundation - GA | 69.40 | |
| Barnabas Foundation - IL | 67.12 | |
| Lutheran Community Foundation - MN | 65.75 | |
| Chattanooga Christian Community Foundation - TN | 59.87 |  |
| Charity Name | Overall Score | Overall Rating |
|---|---|---|
| WaterStone - CO | 66.73 | |
| The National Christian Foundation - GA | 69.40 | |
| American Endowment Foundation - OH | 62.12 | |
| FJC - NY | 69.39 | |
| Barnabas Foundation - IL | 67.12 | |
