NonprofitsWatershed Charlotte Inc

Religion-Related

Watershed Charlotte Inc

CHARLOTTE, NC

Total revenue

$656K

Total expenses

$649K

Net assets

$711K

Grants received

$92K

55 grants

EIN

364571824

Tax year

2024

Mission

Gathering on sundays for song, teaching and discussion, as well as in small groups during the week. Provide financial assistance to both local and global communities.

Programs

3 programs

Watershed charlotte partnered with tommy allgood, who does work within our local community and abroad as a spiritual healer and care director. Watershed also partnered with sacred souls: bishop tonyia rawls who leads another church in charlotte to help support their efforts. Watershed also partnered with launchpad, a non-profit that assists with church planting and coaching new pastors. All three organizations were gifted equal amounts.

Expenses: $11KGrants: $11K

General generosity - watershed charlotte provides small gifts to various groups and individuals throughout the year. This can include groceries purchased, gift cards, or other small items for people experiencing illness, financial difficulty, or loss.

Expenses: $7K

Grant to thanglal, watershed charlottes national missionary in india. Focused exclusively on helping disenfranchised muslim community in india, by providing food, housing, and after school programs.

Expenses: $6KGrants: $6K

Financials

FY 2024

Revenue

Contributions & grants$596K
Program service revenue
Investment income$1
Other revenue$60K
Total revenue$656K

Expenses

Grants paid$23K
Salaries & benefits$354K
Fundraising
Other expenses$272K
Total expenses$649K
Total assets$1.6M
Net assets$711K

People

6 listed

NameRoleCompensation

MATTHEW ONEIL

LEAD PASTOR

Board

$103K

40 hrs/wk

OLIVER MANALAC

LEAD TEAM

Board

2 hrs/wk

MICHAEL GRAY

LEAD TEAM

Board

2 hrs/wk

ELIZABETH WATSON

LEAD TEAM

Board

2 hrs/wk

LARISSA MILLER

LEAD TEAM

Board

2 hrs/wk

JANET ERVIN

LEAD TEAM

Board

2 hrs/wk

Grants received

Showing 55 of 55

FromAmountPurposeYear
$7K
PROGRAM/OPERATING SUPPORT
2023
$7K
For grant recipient's exempt purposes
2023
$3K
PROGRAM/OPERATING SUPPORT
2023
$800
PROGRAM/OPERATING SUPPORT
2023
$800
PROGRAM/OPERATING SUPPORT
2023
$800
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$400
PROGRAM/OPERATING SUPPORT
2023
$7K
GENERAL SUPPORT
2022
$4K
PROGRAM/OPERATING SUPPORT
2022
$800
PROGRAM/OPERATING SUPPORT
2022
$600
MATCHING GIFTS
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$400
PROGRAM/OPERATING SUPPORT
2022
$3K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$92K from 8 funders · 55 grants · 2018–2023

The Bank of America Charitable Foundation Inc

$44K · 48 grants · 2018–2023

National Philanthropic Trust

$15K · 1 grant · 2021

The Blackbaud Giving Fund

$7K · 1 grant · 2022

Ge Foundation

$600 · 1 grant · 2022

Details

EIN364571824
NTEE codeX20
Subsection03
Ruling date2018-05
Formed2005
Employees11
Volunteers75
WATERSHED CHARLOTTE INC — Mission, Financials & Grants Received | Grantivo