Mission
SUPPORT THE PURPOSES OF CHRISTIAN COMMUNITY FOUNDATION, INC. DBA WATERSTONE.
Public Charity
WATERSTONE SUPPORTING ORGANIZATION TRUST 1
Based in COLORADO SPRINGS, CO, WATERSTONE SUPPORTING ORGANIZATION TRUST 1 operates as a Public Charity. The organization reported $61.8M in revenue, $23.5M in expenses, $235.6M in total assets for fiscal year 2024. Imperigo tracks 17 reported grant relationships connected to this organization totaling approximately $60.2M.
EIN: 454295864
COLORADO SPRINGS, CO
Single Organization Support
NTEE: S11
Latest filing: 2024
Total Revenue$61.8M
Total Expenses$23.5M
Total Assets$235.6M
Grant Records17
Funding Total$60.2M
Filing Years2020–2024
Where $100 goes at Waterstone Supporting Organization Trust 1
How Waterstone Supporting Organization Trust 1 divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$93
The trust is organized and operated to support christian community foundation dba waterstone and other public charities whose work furthers waterstone's purposes by receiving and managing charitable contributions…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$24,743,045
GENERAL SUPPORT
$3,817,662
GENERAL SUPPORT
$13,075,555
GENERAL SUPPORT
$60,000
GENERAL SUPPORT
$12,119,095
Showing up to 5 of 17 total records — full history available with membership.
Officers & Directors
TRUSTEE
Chris Start
TRUSTEE
Richard Lavinski
TRUSTEE
Richard Von Gnechten
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $61.8M | $23.5M | $235.6M |
| 2023 | $82.6M | $25.3M | $150.3M |
| 2022 | $122.0M | $47.5M | $86.2M |
| 2020 | $28.5M | $18.1M | $36.7M |
Between 2020 and 2024, reported annual revenue grew from $28.5M to $61.8M (+116%), with total assets most recently reported at $235.6M.
Interactive year-over-year charts and full filing details available with membership.