SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
THE WATERSHED SCHOOL INC
 
Employer identification number

84-1600705
Return Reference Explanation
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et THE BOARD CHAIR WORKS WITH ANOTHER BOARD MEMBER IN A CONSULTING PRACTICE.
Form 990, Part VI, Line 11b: Form 990 Review Process The 990 is reviewed by the Finance Committee then circulated to the entire board for their review and approval before the tax return is filed.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members are required to disclose any potential conflicts of interest. Board members review the conflict of interest policy annually at a board meeting and when a new member joins the board.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Salary for the Head of School is determined by the Board and was set after a review of compensation trends for similarly sized independent schools nationally, using data collected from National Association of Independent Schools (NAIS) and Association of Colorado Independent Schools (ACIS). Salary for administration is set based on an examination of administrative salaries at similarly sized independent schools in Colorado, using data provided by the National Association of Independent Schools. In all cases this data is adjusted based on the individual's performance relative to goals.
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Salary for the Head of School is determined by the Board and was set after a review of compensation trends for similarly sized independent schools nationally, using data collected from National Association of Independent Schools (NAIS) and Association of Colorado Independent Schools (ACIS). Salary for administration is set based on an examination of administrative salaries at similarly sized independent schools in Colorado, using data provided by the National Association of Independent Schools. In all cases this data is adjusted based on the individual's performance relative to goals.
Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection Upon request.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available No documents available to the public.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


Additional Data


Software ID: 20011551
Software Version: 2020v4.0