Upper Pecos Watershed Association EIN 20-5654749 Form 990 (PDF) Claim this org

Upper Pecos Watershed Association

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Protects and manages vital water resources for communities. For fiscal year 2024 it reported $543K in revenue, $534K in expenses, and $204K in net assets.Pt I

Founded
2006
Type
Public charity (501(c)(3)) · Environment
Location
Pecos, NM
Website
pecoswatershed.org
Filings
4 on file (2021–2024)
Revenue
$543KFY2024
Expenses
$534K
Net assets
$204K
People
10
Filings
4
Updates
0
More identity details & actions ⌄
EIN  20-5654749 Public charity (501(c)(3)) Pecos, NM Founded 2006
Form 990 (PDF)
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Size
$100K–1M
What they do
Protects and manages vital water resources for communities.
Leadership
Magda Brady · Administrator · $40K
Money in and out
$543K revenue, $534K expenses
Bottom line
90% program efficiency
Where the money goes · FY2024
Total revenue
$543K
Pt VIII · Ln 12
Total expenses
$534K
Pt IX · Ln 25
Net assets
$204K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs▲ +25% vs prior filing year
Operating runway
4.6mo
months of highly liquid reserves at operating expense rate▼ -52% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▼ -92% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$543K
FY2024▲ +72%
Expenses
$534K
FY2024▲ +116%
Total assets
$204K
FY2024▲ +5%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$543K
Pt VIII · Ln 12
Total expenses
$534K
Pt IX · Ln 25
Net assets
$204K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$204K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $480K of program spending, described in the organization's own filed words · FY2024.
01

River restoration and cleanup on pecos river NM to TX, dalton fishing site restoration projects.

$475Kprogram expense
02

Terrero mine damage mitigation, pecos village water temp project and other water quality & restoration projects, conduct cultural and biological surveys. Beaver intership for beaver reintroduction.

$5Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUpper Pecos Watershed Association
EINHdr · item D20-5654749
Principal addressHdr · item CPecos, NM
WebsiteHdr · item Jpecoswatershed.org
Year of formationHdr · item L2006
State of legal domicileHdr · item MNM
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C32)
Ruling yearIRS BMFFeb 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Administrator
$39,765Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Magda Brady’s $40K as Administrator is at the 23rd percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2021
Magda Brady$39,765$31,643

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$543K
— government grantsLn 1e$416K
Total revenueLn 12$543K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$480K
Management & general10%$54K
Total functional expensesLn 25$534K

Balance Sheet

Part X · end of year
CashLn 1$204K
Total assetsLn 16$204K
Total liabilitiesLn 26$0
Total net assetsLn 32$204K
Months of cash on handcomputed4.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $204K · Operating expenses/yr $534K
4.6 months
Where the money goes
Program services
Program services $480K · Total expenses $534K
90%
Management & General
Management & general $54K · Total expenses $534K
10%
Fundraising
Fundraising $0 · Total expenses $534K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $126K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $543K · Total revenue $543K
100%
Government reliance
Government grants $416K · Total revenue $543K
77%
Earned-income share
Program service revenue $0 · Total revenue $543K
0%
Investment reliance
Investment income $0 · Total revenue $543K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $534K
0%
Growth & trend
Revenue growth (YoY)
This year $543K · Prior year $316K
+72%
Revenue CAGR
FY2020 $148K · FY2024 $543K
+38%
Net-asset trend (YoY)
End of year $204K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $543K · Expenses $534K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $204K
Net-asset ratio
Net assets $204K · Total assets $204K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $204K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Magda Brady · Reported title ADMINISTRATOR · Highest reported compensation $40K · Total expenses $534K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $534K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Revenue growth 72%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$12K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$316K revenue · ⤓ 990 PDF
FY2023$426K revenue · ⤓ 990 PDF
FY2022$286K revenue · ⤓ 990 PDF
FY2021$148K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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