Watershed Institute Inc
- Assets
- $35.1m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 69
- Location
- Pennington, NJ
- Founding
- 05/1953
- Data as of
- 12/2021
- EIN
- 21-0649717
Organization Overview
Watershed Institute Inc is located in Pennington, NJ. The organization was established in 1953. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, under the broad grouping of Environment and related organizations. As of 12/2021, Watershed Institute Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watershed Institute Inc 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 12/2021, Watershed Institute Inc generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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.
Since 2015, Watershed Institute Inc has awarded 50 individual grants totaling $1,548,107. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
KEEPING WATER CLEAN, SAFE AND HEALTHY IS THE HEART OF OUR MISSION. WE WORK TO PROTECT AND RESTORE OUR WATER AND NATURAL ENVIRONMENT IN CENTRAL NEW JERSEY THROUGH CONSERVATION, ADVOCACY, SCIENCE AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSERVATION - FROM OUR 950-ACRE WATERSHED RESERVE IN HOPEWELL TO LOCATIONS ACROSS THE REGION, VOLUNTEERS AND STAFF ARE ENGAGED IN PROJECTS THAT PROTECT AND RESTORE NATURAL HABITATS. WE HAVE ALSO HELPED "GROW" OTHER IMPORTANT REGIONAL ORGANIZATIONS OVER THE YEARS. IN THE 1980'S, WE HELPED LAUNCH THE D&R GREENWAY LAND TRUST AND THE NORTHEAST ORGANIC FARMING ASSOCIATION OF NEW JERSEY. OUR WATERSHED RESERVE HOSTS THE HONEY BROOK ORGANIC FARM, NOW THE LARGEST COMMUNITY-SUPPORTED ORGANIC FARM IN THE NATION. THROUGH OUR WATERSHED INSTITUTE, WE HELP BUILD OTHER WATERSHED GROUPS ACROSS THE STATE.
A) SCIENCE - SCIENCE IS AT THE HEART OF THE WATERSHED INSTITUTE'S ENVIRONMENTAL LEADERSHIP. ACROSS THE REGION, WE COLLECT KEY DATA ON THE HEALTH OF OUR STREAMS AND ON OTHER ENVIRONMENTAL FACTORS. WE DISTRIBUTE THE INFORMATION TO CITIZENS AND OFFICIALS IN CENTRAL NEW JERSEY, AND WORK WITH THEM TO ADDRESS POLLUTION OF OUR WATER SUPPLIES AND WATERWAYS. OUR GEOGRAPHIC INFORMATION SYSTEM COMBINES SCIENTIFIC DATA WITH MAPPING SYSTEMS TO HELP LOCAL GOVERNMENTS AND CITIZENS UNDERSTAND THE ENVIRONMENTAL ISSUES FACING OUR COMMUNITIES AND HELP PLAN FOR A BETTER FUTURE. B) ADVOCACY - FOR SIX DECADES, THE WATERSHED INSTITUTE HAS LED THE FIGHT TO PRESERVE OUR REGION'S WATER AND LAND. WE ENGAGE LOCAL AND STATE OFFICIALS, URGING THEM TO STRENGTHEN ENVIRONMENTAL PROTECTIONS, IMPROVE PLANNING AND ZONING, AND MAKE BETTER INFORMED DECISIONS ABOUT OUR FUTURE. WE WORK COOPERATIVELY WITH LOCAL TOWNS THROUGH OUR PROJECT FOR MUNICIPAL EXCELLENCE, AND SPEAK OUT AGAINST DEVELOPMENT PROPOSALS THAT WOULD HARM THE LOCAL ENVIRONMENT AND OUR QUALITY OF LIFE.
EDUCATION - THE WATERSHED INSTITUTE SERVES MORE THAN 10,000 CHILDREN AND ADULTS THROUGH NEARLY 400 EDUCATION PROGRAMS AND EVENTS EACH YEAR. OUR PROGRAMS INSPIRE AN APPRECIATION OF THE WONDERS OF NATURE AND EXPLAIN WHAT WE CAN DO TO PROTECT OUR ENVIRONMENT. OUR TEACHER WORKSHOPS TRAIN EDUCATORS TO INCORPORATE THE ENVIRONMENT INTO THEIR CURRICULUMS, WHILE ADULT EDUCATION PROGRAMS TEACH STRATEGIES TO REDUCE THE ENVIRONMENTAL IMPACTS OF YOUR HOME AND BUSINESS. AT OUR NATURE CENTER, YOU WILL DISCOVER AN ASSORTMENT OF EXHIBITS AND A COLLECTION OF SMALL CREATURES. SURROUND YOURSELF WITH BUTTERFLIES (IN SEASON) AT THE KATE GORRIE MEMORIAL BUTTERFLY HOUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Waltman Executive Director | 40 | $139,466 | |
See Attached List Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Exhibit Concepts Inc | 12/30/15 | $143,611 |
Ws Cumby General Contractor | 12/30/15 | $1,223,431 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $208,266 |
| Related organizations | $0 |
| Government grants | $151,757 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,949,773 |
| Noncash contributions included in lines 1a–1f | $200,887 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,309,796 |
| Total Program Service Revenue | $184,371 |
| Investment income | $584,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,511 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$43,315 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,137 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,070,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,037,279 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,413 |
| Compensation of current officers, directors, key employees. | $28,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,551,149 |
| Pension plan accruals and contributions | $44,250 |
| Other employee benefits | $229,426 |
| Payroll taxes | $141,582 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Advertising and promotion | $10,283 |
| Office expenses | $9,136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $317,400 |
| Insurance | $57,181 |
| All other expenses | $61,408 |
| Total functional expenses | $4,080,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $338,706 |
| Savings and temporary cash investments | $2,280,335 |
| Pledges and grants receivable | $1,298,495 |
| Accounts receivable, net | $1,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,867 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $12,967,650 |
| Investments—publicly traded securities | $18,214,226 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,108,779 |
| Accounts payable and accrued expenses | $68,128 |
| Grants payable | $969,213 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $1,037,341 |
| Net assets without donor restrictions | $11,463,992 |
| Net assets with donor restrictions | $22,607,446 |
| 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 | $35,108,779 |
Grants Awarded
Over the last fiscal year, Watershed Institute Inc has awarded $1,037,279 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
MUNICIPALITY OF PRINCETON PURPOSE: FUND LAND ACQUISITION | $892,875 |
Washington, DC PURPOSE: SUPPORT STRONGER STORMWATER REGS | $37,000 |
Philadelphia, PA PURPOSE: SUPPORT STRONGER STORMWATER REGS | $32,458 |
Highlands, NJ PURPOSE: ROOTS FOR RIVERS & STORMWATER REGS | $20,212 |
Mendham, NJ PURPOSE: SUPPORT STRONGER STORMWATER REGS | $19,566 |
Southampton, NJ PURPOSE: SUPPORT STRONGER STORMWATER REGS | $14,549 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Watershed Institute Inc has recieved totaling $20,250.
| Awarding Organization | Amount |
|---|---|
Gordon Gund And Llura Liggett Gund 1993 Charitable Foundation Princeton, NJ PURPOSE: SUPPORT THE CHARITABLE PURPOSE OF THE ORGANIZATION | $20,000 |
Len & Laura Berlik Foundation Inc Princeton, NJ PURPOSE: AN UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE. | $250 |
Endowment Analysis
| Beg. Balance | $2,261,063 |
| Earnings | -$168,400 |
| Net Contributions | $355,014 |
| Ending Balance | $2,447,677 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cdp North America Inc New York, NY | $33,043,858 | $35,828,788 |
We Mean Business Coalition Inc New York, NY | $24,084,041 | $31,828,485 |
Kipp North Philadelphia Charter School Philadelphia, PA | $2,355,125 | $6,700,901 |
New York City Outward Bound Center Inc Long Island City, NY | $12,099,741 | $5,496,519 |
Climate Jobs National Resource Center Inc New York, NY | $4,647,680 | $5,515,111 |
Coalition For Rainforest Nations Secretariat New York, NY | $10,118,420 | $9,603,902 |
Adirondack Mountain Club Inc Queensbury, NY | $6,654,615 | $4,843,206 |
Watershed Institute Inc Pennington, NJ | $35,108,779 | $7,070,996 |
Delaware Nature Society Inc Hockessin, DE | $53,862,296 | $7,157,698 |
Outward Bound Inc Lagrangeville, NY | $11,663,837 | $5,933,839 |
Empire Discovery Institute Inc Rochester, NY | $2,138,425 | $41,665 |
The Schuylkill Center For Environmental Education Philadelphia, PA | $10,822,315 | $3,090,919 |