Washington Water Trust
- Assets
- $2.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 16
- Location
- Seattle, WA
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 91-1937417
Organization Overview
Washington Water Trust is located in Seattle, WA. The organization was established in 1999. 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, Washington Water Trust employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Water Trust 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, Washington Water Trust generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 2.1% 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Ring Committee Chair | Trustee | 1 | $0 |
Ben Eickhoff Committee Chair | Trustee | 1 | $0 |
Will Stelle President | Trustee | 2 | $0 |
Suzanne Skinner Secretary | Trustee | 0.5 | $0 |
Mitchell Bateman Treasurer | Trustee | 0.5 | $0 |
Dale Bambrick Vpresident; Committee Chai | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,276,848 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,418,405 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,695,253 |
| Total Program Service Revenue | $167,093 |
| Investment income | $1,461 |
| 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 | $2,863,807 |
| 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. | $103,600 |
| Compensation of current officers, directors, key employees. | $28,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $921,836 |
| Pension plan accruals and contributions | $26,837 |
| Other employee benefits | $101,143 |
| Payroll taxes | $83,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,106 |
| Fees for services: Accounting | $28,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $257,979 |
| Advertising and promotion | $6,737 |
| Office expenses | $17,314 |
| Information technology | $13,828 |
| Royalties | $0 |
| Occupancy | $67,123 |
| Travel | $29,315 |
| 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 | $4,784 |
| Insurance | $8,943 |
| All other expenses | $0 |
| Total functional expenses | $1,763,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500,451 |
| Savings and temporary cash investments | $1,283,817 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $483,048 |
| 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 | $3,588 |
| Net Land, buildings, and equipment | $2,355 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,034 |
| Total assets | $2,333,293 |
| Accounts payable and accrued expenses | $41,348 |
| Grants payable | $0 |
| Deferred revenue | $498,595 |
| 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 | $160,217 |
| Total liabilities | $700,160 |
| Net assets without donor restrictions | $511,545 |
| Net assets with donor restrictions | $1,121,588 |
| 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 | $2,333,293 |