Watershed Conservation Resource Center
- Assets
- $2.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 15
- Location
- Fayetteville, AR
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 81-0594071
Organization Overview
Watershed Conservation Resource Center is located in Fayetteville, AR. The organization was established in 2004. 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 12/2022, Watershed Conservation Resource Center employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watershed Conservation Resource Center 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 12/2022, Watershed Conservation Resource Center generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 7.8% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WATERSHED CONSERVATION AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
MITIGATION BANK BEAVER ( SUB PROGRAM OF WFF): IN 2012 THE WCRC ESTABLISHED THE WFWR MITIGATION BANK. THIS PROGRAM WAS IMPLEMENTED TO OFFSET UNAVOIDABLE IMPACTS TO WATER RESOURCES THAT RESULT FROM THIRD-PARTY ACTIONS RELATED TO LAND DEVELOPMENT ACTIVITIES IN THE REGION. BY PROVIDING A MITIGATION BANK THAT SEEKS TO CREATE AND PROTECT THE HIGHEST LEVELS OF NATURAL RESOURCE CONSERVATION, THE WFWR MITIGATION BANK HELPS TO REDUCE THE IMPACTS OF LAND DEVELOPMENTS IN NORTHWEST ARKANSAS. REVENUE GENERATED FROM THE MITIGATION BANK IS USED TO MAINTAIN THE SITE, MAINTAIN OTHER WCRC CONSERVATION PROJECTS IN THE REGION, AND PROVIDE FUNDING FOR FUTURE PROJECTS THAT THE WCRC MAY INITIATE. THE GENERAL OUTCOME OF THIS PROGRAM IS TO PROTECT THE SOURCE WATER OF BEAVER RESERVOIR, THE WATER SUPPLY FOR THE REGION.
VARIOUS OTHER RESTORATION PROJECTS.
NRCS-RCPP: THE WCRC RECEIVED A GRANT FROM THE USDA-NATURAL RESOURCES CONSERVATION SERVICE TO IMPLEMENT STREAM RESTORATION AND OTHER BEST MANAGEMENT PRACTICES TO REDUCE SEDIMENT INPUTS AND IMPROVE WATER QUALITY WITHIN A SUB-AREA OF THE WEST FORK WHITE RIVER WATERSHED (WFWR). THROUGH THE PROJECT, THE WCRC WITH SUPPORT FROM OTHER PROJECT PARTNERS, WILL WORK WITH LANDOWNERS TO IMPLEMENT CONSERVATION PRACTICES AND RESTORE AT LEAST ONE MILE OF RIVER CORRIDOR ON THE WFWR. THIS WORK HELPS PROTECT THE SOURCE WATER OF BEAVER RESERVOIR. SINCE INITIATING THE PROJECT, TWO STREAMBANK RESTORATION PROJECTS HAVE BEEN IMPLEMENTED AND PREPARATION FOR LARGE-SCALE RESTORATION HAS BEE INITIATED.
THE WCRC WAS AWARDED A GRANT FROM THE USDA NATURAL RESOURCES CONSERVATION SERVICE TO PERFORM STREAM RESTORATION CONSTRUCTION IMPLEMENTATION COORDINATION FOR PROJECTS ON THE WEST FORK WHITE RIVER. THE WCRC WILL PROVIDE 25% COST-SHARE MATCH TOWARDS THE PROJECT VIA NON-FEDERAL PROJECT PARTNER CONTRIBUTIONS. TWO LARGE-SCALE RIVER RESTORATION PROJECTS WHICH WILL HELP TO IMPROVE WATER QUALITY, AQUATIC AND TERRESTRIAL HABITAT, AND RECREATIONAL OPPORTUNITIES WILL BE CONSTRUCTED AS PART OF THIS GRANT. THE FIRST PROJECT WAS IMPLEMENTED IN THE FALL OF 2020 THROUGH LATE SPRING 2021. THE SECOND PROJECT WILL BE IMPLEMENTED IN THE FALL OF 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandi Formica Chairman/exe | OfficerTrustee | 40 | $166,521 |
Matthew Van Eps Secretary/tr | OfficerTrustee | 40 | $134,482 |
Dewayne Edwards Vice-Chair | OfficerTrustee | 1 | $0 |
Jon Johnson Director | Trustee | 1 | $0 |
Clinton Jones Director | Trustee | 1 | $0 |
Sarah Lewis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $875,397 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $977,942 |
| Total Program Service Revenue | $1,263,687 |
| Investment income | $4,656 |
| 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 | $2,259,823 |
| 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. | $337,089 |
| Compensation of current officers, directors, key employees. | $89,255 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $430,837 |
| Pension plan accruals and contributions | $11,576 |
| Other employee benefits | $17,235 |
| Payroll taxes | $56,678 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $488 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $406,957 |
| Advertising and promotion | $2,777 |
| Office expenses | $12,865 |
| Information technology | $4,248 |
| Royalties | $0 |
| Occupancy | $46,841 |
| Travel | $27,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,443 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,992 |
| Insurance | $32,016 |
| All other expenses | $0 |
| Total functional expenses | $2,124,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,514 |
| Savings and temporary cash investments | $657,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $154,278 |
| 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 | $13,255 |
| Net Land, buildings, and equipment | $121,147 |
| Investments—publicly traded securities | $744,575 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $162,919 |
| Total assets | $2,039,961 |
| Accounts payable and accrued expenses | $15,953 |
| Grants payable | $0 |
| 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 | $78,632 |
| Total liabilities | $94,585 |
| Net assets without donor restrictions | -$1,010,904 |
| Net assets with donor restrictions | $2,956,280 |
| 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 | $2,039,961 |