Water Research Foundation
- Assets
- $53.2m
- Revenue
- $23.4m
- Investments
- $34.6m
- Employees
- 58
- Location
- Denver, CO
- Founding
- 02/1967
- Data as of
- 12/2023
- EIN
- 13-6211384
Organization Overview
Water Research Foundation is located in Denver, CO. The organization was established in 1967. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2023, Water Research Foundation employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Water Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Water Research Foundation generated $23.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $19.1m during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING THE SCIENCE OF WATER TO IMPROVE THE QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROGRAMS: WRF COORDINATES MULTIPLE RESEARCH PROGRAMS TO COLLECTIVELY ADDRESS WATER-RELATED ISSUES OF SUBSCRIBERS AND THE WATER SECTOR AS A WHOLE. THE RESEARCH PROGRAMS ARE THE RESEARCH PRIORITY PROGRAM, THE TAILORED COLLABORATION PROGRAM, EMERGING OPPORTUNITIES PROGRAM, UNSOLICITED RESEARCH PROGRAM AND FACILITATED RESEARCH PROGRAM. THESE PROGRAMS INCLUDE THE COST OF PROJECTS FUNDED FOR RESEARCH TO BE CONDUCTED BY OTHER ORGANIZATIONS AND OTHER INTERNAL EXPENSES DIRECTLY RELATED TO THESE PROJECTS.
SUBSCRIBER SERVICES - THE ADMINISTRATION OF WRF'S MAJOR FUNDING EFFORT, THE RESEARCH SUBSCRIPTION PROGRAM, IS COORDINATED BY SUBSCRIBER SERVICES STAFF. ACTIVITIES INCLUDE: PLANNING & IMPLEMENTATION OF A RECRUITMENT & RETENTION PROGRAM; HIGHLIGHTING WRF'S VALUE PROPOSITIONAND COORDINATING SUBSCRIBER COMMUNICATIONS. REGIONAL LIAISONS ARE RESPONSIBLE FOR PROVIDING PERSONALIZED SERVICES TO SUBSCRIBERS. MAJOR ACTIVITIES INCLUDE ANNUAL VISITS/BRIEFINGS, SERVING AS PRIMARY STAFF CONTACT, PROMOTING GREATER INVOLVEMENT IN WRF PROGRAMS AND ENSURING SUBSCRIBERS' NEED ARE EXPEDITIOUSLY MET.
RESEARCH MANAGEMENT: THE PLANNING, ADMINISTRATION, AND MONITORING OF THE RESEARCH PROGRAMS SPONSORED BY WRF ARE THE RESPONSIBILITY OF THE RESEARCH MANAGERS. SPECIFIC TASKS INCLUDE ADMINISTRATION OF WRF'S RESEARCH ADVISORY COUNCIL AND TECHNICAL ADVISORY COMMITTEES FOR EACH PROGRAM AND TOPIC AREA; RESEARCH PLANNING; CONTRACTOR MONITORING AND OVERSIGHT; RESEARCH DELIVERABLE AND PRODUCT REVIEW; REQUEST FOR PROPOSALS PREPARATION; PROJECT ADVISORY COMMITTEE SELECTION AND ADMINISTRATION; AND PROPOSAL REVIEW AND SELECTION. PROJECT MANAGEMENT, KNOWLEDGEMENT MANAGEMENT AND RESEARCH PLANNING SERVE AS WRF'S PRIMARY LINK WITH THE WATER RESEARCH AND VOLUNTEER COMMUNITY.
COMMUNICATIONS & MARKETING: WRF'S COMMUNICATIONS AND MARKETING EFFORTS CONSIST OF PUBLISHING INFORMATION AND RESOURCES DERIVED FROM WRF-SPONSORED RESEARCH TO ENSURE THAT THE RESULTS AND APPLICATION OF RESEARCH ARE EFFECTIVELY TRANSFERRED TO SUBSCRIBERS AND OTHER STAKEHOLDERS. THESE EFFORTS INCLUDE THE DEVELOPMENT, DISTRIBUTION AND PROMOTION OF RESEARCH REPORTS AND OTHER PROJECT RESOURCES, PRINTED MATERIALS AND E-PERIODICALS, WEBCASTS, WORKSHOPS, THE WEBSITE AND SOCIAL MEDIA. COMMUNICATIONS AND MARKETING ALSO OVERSEE ALL PUBLIC RELATIONS AND MARKETING ACTIVITIES AND COLLATERAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Rush Chair | OfficerTrustee | 1 | $0 |
John Entsminger Vice-Chair | OfficerTrustee | 1 | $0 |
Kyle Dreyfuss-Wells Treasurer | OfficerTrustee | 1 | $0 |
Clifford Chan Member-At-Large | Trustee | 1 | $0 |
Marty Adams Director | Trustee | 1 | $0 |
Silvia Amparano Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cornwell Engineering Group Project Research | 12/30/23 | $492,428 |
Hazen And Sawyer Pc Project Research | 12/30/23 | $468,983 |
Carollo Engineers Inc Project Research | 12/30/23 | $433,101 |
Jacobs Engineering Project Research | 12/30/23 | $402,639 |
Brown And Caldwell Project Research | 12/30/23 | $404,023 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,884,532 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,080,589 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,965,121 |
| Total Program Service Revenue | $4,351,038 |
| Investment income | $1,035,543 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,191 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,363,893 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,445,689 |
| Compensation of current officers, directors, key employees. | $1,445,689 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,885,013 |
| Pension plan accruals and contributions | $505,517 |
| Other employee benefits | $1,338,176 |
| Payroll taxes | $416,212 |
| Fees for services: Management | $14,750 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,540,929 |
| Advertising and promotion | $16,900 |
| Office expenses | $131,425 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $674,221 |
| Travel | $914,540 |
| 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 | $79,890 |
| Insurance | $108,929 |
| All other expenses | $35,425 |
| Total functional expenses | $19,075,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,445,478 |
| Pledges and grants receivable | $292,190 |
| Accounts receivable, net | $2,543,564 |
| 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 | $424,648 |
| Net Land, buildings, and equipment | $72,052 |
| Investments—publicly traded securities | $2,582,426 |
| Investments—other securities | $34,621,260 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,217,620 |
| Total assets | $53,199,238 |
| Accounts payable and accrued expenses | $772,028 |
| Grants payable | $0 |
| Deferred revenue | $5,042,927 |
| 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 | $3,460,661 |
| Total liabilities | $9,275,616 |
| Net assets without donor restrictions | $41,541,269 |
| Net assets with donor restrictions | $2,382,353 |
| 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 | $53,199,238 |