The Flatwater Foundation FY2020 filing

Tax-deductible

Austin, TX501(c)(3)Since 2010Human ServicesEIN 27-5011867Revenue $1.1M in FY2020

On file with the IRSflatwater.org3575 Far West Blvd 29810, 78731-3064 · Austin, TXTax-exempt since May 2011Publicly supported charity — 170(b)(1)(A)(vi)

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Flatwater provides access to mental health therapy for individuals, couples and families navigating cancer.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $86K a year · 6% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
28
named funders · $443K
Looks good: 28 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$29K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$749K
To programs
86%
Net assets
$918K
By yearFY2020–FY2025
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.4M
FY2022$1.3M
FY2023$1.5M
FY2024$2.0M
FY2025$1.7M
Expenses
$749K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$749K
FY2021$761K
FY2022$1.1M
FY2023$1.9M
FY2024$2.4M
FY2025$1.5M
Net assets
$918K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$918K
FY2021$1.5M
FY2022$1.8M
FY2023$1.4M
FY2024$939K
FY2025$1.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $643K Management & general 5% · $36K Fundraising 9% · $71K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$82,329Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treaurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Chelsea Hardee’s $153K as CEO is at the 74th percentile of top reported officer pay among 3868 $1–10M human services 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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ashlynn Russey——$167,708———
Chelsea Hardee$153,031$151,848$116,324———
Chiara Moore$74,525$141,706————
Mark Garza——$45,511$133,987$104,487$82,329
Becky Morales$114,029$110,962————
Alyssa Cornett$20,000—————

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.

See The Flatwater Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers families mental health support during cancer diagnoses.

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Provided by the organization

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1 program · $643K · in their own filed words · FY2020
01

Provided over 648 individuals and families access to mental health support while coping with a cancer diagnosis.

$643Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 28 funders →
Grants paid · 5 grants · $3.4M · 2021–2025
Unitemized GrantFY2025$394,600
Unitemized GrantFY2024$1,140,475
Unitemized GrantFY2023$984,654
Unitemized GrantFY2022$547,730
Unitemized GrantFY2021$379,937

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.0M
Investment incomeLn 3$79K
Money outPt IX
$749K
Ln 25
Programscol B$643K
Managementcol C$36K
Fundraisingcol D$71K
Owns and owesPt X
$918K
net assets · Ln 32
Cash and savingsLn 1–2$849K
Total assetsLn 16$947K
LiabilitiesLn 26$29K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Government grantsLn 1e$31K
Noncash giftsLn 1g$34K
Fundraising eventsLn 1c$895K
Investment incomeLn 3$79K
Gains on assetsLn 7$78K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$790K
SavingsLn 2$59K
Cash and savings togetherLn 1–2$849K
InvestmentsLn 11–13$92K
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$947K
LiabilitiesLn 26$29K
Net assetsLn 32$918K
OperationsPt I, VI
EmployeesI 56
VolunteersI 6200
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$661K$849K
InvestmentsLn 11–13$46K$92K
Land, buildings, equipmentLn 10c$12K$6K
Total assetsLn 16$719K$947K
LiabilitiesLn 26$75K$29K
Net assetsLn 32$645K$918K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$455K$455K
Pay of current officers, directors and key staffLn 5$93K$69K$5K$19K
Other salaries and wagesLn 7$70K$52K$3K$14K
Other employee benefitsLn 9$7K$6K$372$1K
Payroll taxesLn 10$10K$8K$521$2K
Accounting feesLn 11c$22K$22K
Investment management feesLn 11f$30$30
Other fees for servicesLn 11g$9K$7K$2K
Advertising and promotionLn 12$545$545
Office expensesLn 13$41K$14K$930$26K
Information technologyLn 14$8K$6K$307$1K
OccupancyLn 16$11K$9K$574$2K
TravelLn 17$12K$10K$472$2K
Conferences, conventions and meetingsLn 19$2K$800$1K
Depreciation, depletion and amortizationLn 22$6K$5K$317$1K
InsuranceLn 23$3K$2K$165$660
Total functional expensesLn 25$749K$643K$36K$71K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.5M$189K$1.1M 990 PDF
FY2024 $2.0M$2.4M−$435K$939K 990 PDF
FY2023 $1.5M$1.9M−$395K$1.4M 990 PDF
FY2022 $1.3M$1.1M$247K$1.8M 990 PDF
FY2021 $1.4M$761K$604K$1.5M 990 PDF
FY2020 Viewing $1.1M$749K$306K$918K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $1,055,081 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,481,258$1,006,327
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $165$78,651
I-11 Other revenuePrior year −$118,915−$29,897
I-12 Total revenuePrior year $1,362,508$1,055,081
I-13 Grants and similar amounts paidPrior year $0$454,966
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $180,645$179,993
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,076,858$114,408
I-18 Total expensesPrior year $1,257,503$749,367
I-19 Revenue less expensesPrior year $105,005$305,714
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,055,081 across 10 lines filed
VIII-1c Fundraising events$894,521
VIII-1e Government grants$31,379
VIII-1f All other contributions, gifts and grants$80,427
VIII-1g Noncash contributions (included above)$34,305
VIII-1h Total contributions, gifts and grants$1,006,327
VIII-3 Investment incomeExcluded from tax $368$368
VIII-6 Net rental income or lossExcluded from tax $2,125$2,125
VIII-7 Net gain or loss on sales of assetsExcluded from tax $78,283$78,283
VIII-8 Net income from fundraising eventsExcluded from tax −$32,022−$32,022
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $48,754$1,055,081
Part IX · Statement of functional expenses $749,367 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $454,966$454,966
IX-5 Pay of current officers, directors and key staffPrograms $69,466 · Management $4,631 · Fundraising $18,524$92,621
IX-7 Other salaries and wagesPrograms $52,125 · Management $3,475 · Fundraising $13,900$69,500
IX-9 Other employee benefitsPrograms $5,582 · Management $372 · Fundraising $1,489$7,443
IX-10 Payroll taxesPrograms $7,822 · Management $521 · Fundraising $2,086$10,429
IX-11c Accounting feesManagement $22,105$22,105
IX-11f Investment management feesManagement $30$30
IX-11g Other fees for servicesPrograms $6,506 · Management $2,000$8,506
IX-12 Advertising and promotionFundraising $545$545
IX-13 Office expensesPrograms $13,943 · Management $930 · Fundraising $25,702$40,575
IX-14 Information technologyPrograms $6,190 · Management $307 · Fundraising $1,228$7,725
IX-16 OccupancyPrograms $8,604 · Management $574 · Fundraising $2,294$11,472
IX-17 TravelPrograms $9,616 · Management $472 · Fundraising $1,920$12,008
IX-19 Conferences, conventions and meetingsPrograms $800 · Fundraising $1,000$1,800
IX-22 Depreciation, depletion and amortizationPrograms $4,756 · Management $317 · Fundraising $1,268$6,341
IX-23 InsurancePrograms $2,476 · Management $165 · Fundraising $660$3,301
IX-25 Total functional expensesPrograms $642,852 · Management $35,899 · Fundraising $70,616$749,367
Part X · Balance sheet $946,960 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $603,513$790,174
X-2 Savings and temporary cash investmentsStart of year $57,953$59,167
X-10c Land, buildings and equipment, netStart of year $12,136$5,795
X-11 Publicly traded securitiesStart of year $45,594$91,824
X-16 Total assetsStart of year $719,196$946,960
X-17 Accounts payable and accrued expensesStart of year $74,502$28,930
X-26 Total liabilitiesStart of year $74,502$28,930
X-27 Net assets without donor restrictionsStart of year $644,694$918,030
X-32 Total net assets or fund balancesStart of year $644,694$918,030
X-33 Total liabilities and net assetsStart of year $719,196$946,960
Part XI · Reconciliation of net assets $918,030 net assets at year end
XI-1 Total revenue$1,055,081
XI-2 Total expenses$749,367
XI-3 Revenue less expenses$305,714
XI-4 Net assets at start of year$644,694
XI-5 Net unrealized gains (losses) on investments−$32,378
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$918,030

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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