Texas Watershed Management Foundation
- Assets
- $17.9k
- Revenue
- $9.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Gatesville, TX
- Founding
- 04/2003
- Data as of
- 08/2022
- EIN
- 43-1987259
Organization Overview
Texas Watershed Management Foundation is located in Gatesville, TX. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Watershed Management 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 08/2022, Texas Watershed Management Foundation generated $9.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $10.9k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (26.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WATER CONSERVATION AND ENDANGERED SPECIES MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND IMPLEMENTATION OF A RECOVERY SYSTEM FOR ENDANGERED SPECIES MANAGEMENT AND CONTINUATION OF WATER CONSERVATION PROGRAM IN THE CENTRAL TEXAS AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Manning President | OfficerTrustee | 3 | $0 |
Don Petty Secretary | OfficerTrustee | 1 | $0 |
Katharine Armstrong Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,725 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,725 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $86 |
| Insurance | $0 |
| All other expenses | $9,725 |
| Total functional expenses | $10,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $549 |
| Savings and temporary cash investments | $306 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,518 |
| 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 | $0 |
| Net Land, buildings, and equipment | $218 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,345 |
| Total assets | $17,936 |
| Accounts payable and accrued expenses | $6,851 |
| Grants payable | $0 |
| Deferred revenue | $454,955 |
| 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 | $37,631 |
| Total liabilities | $499,437 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | -$481,501 |
| Total liabilities and net assets/fund balances | $17,936 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifewater Inc Bentonville, AR | $3,826,625 | $8,037,007 |
Turpentine Creek Foundation Inc Eureka Springs, AR | $4,777,127 | $3,809,928 |
Watershed Conservation Resource Center Fayetteville, AR | $2,004,732 | $1,644,645 |
The Coalition To Restore Coastal Louisiana New Orleans, LA | $1,518,327 | $2,033,689 |
Texas Water Conservation Association Austin, TX | $237,195 | $1,245,576 |
Beaver Watershed Alliance Elkins, AR | $852,109 | $1,282,224 |
Illinois River Watershed Ptr Cave Springs, AR | $5,026,166 | $713,962 |
Willwoods Community Management Inc New Orleans, LA | $1,517,420 | $805,608 |
Texas Hill Country River Region Inc Concan, TX | $2,371,899 | $1,299,434 |
Colorado River Land Trust Inc Dripping Springs, TX | $1,875,355 | $619,560 |
Hermits Peak Watershed Alliance Sapello, NM | $127,108 | $571,194 |
Rgisc Inc Laredo, TX | $425,309 | $339,917 |