Water Foundation FY2021 filing

Tax-deductible

Sacramento, CA501(c)(3)Since 2016EnvironmentEIN 37-1833985

Secure safe water for people, restore and sustain freshwater ecosystems, build climate resilience.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $3.5M a year · 18% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
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
18 mo
of spending, in cash
Looks good: 18.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.9M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.8M
-1% vs prior year
Spent
$11.9M
To programs
89%
Net assets
$20.2M
By yearFY2020–FY2024
Revenue
$14.8M
FY2021▼ -1%
Revenue by fiscal year
FY2020$15.0M
FY2021$14.8M
FY2022$26.0M
FY2023$19.5M
FY2024$22.3M
Expenses
$11.9M
FY2021▲ +4%
Expenses by fiscal year
FY2020$11.5M
FY2021$11.9M
FY2022$16.7M
FY2023$21.9M
FY2024$18.3M
Net assets
$20.2M
FY2021▲ +24%
Net assets by fiscal year
FY2020$16.3M
FY2021$20.2M
FY2022$29.5M
FY2023$27.1M
FY2024$31.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2016.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $10.6M Management & general 10% · $1.2M Fundraising 1% · $84K

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

Who runs it and what they're paid

17 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$273,205Pt VII · Sec A
Director of Finance and Operations
$190,319Pt VII · Sec A
Director of Strategic Partnerships
$190,319Pt VII · Sec A
Director of Programs & Strategy
$188,625Pt VII · Sec A
Senior Program Officer
$174,313Pt VII · Sec A
Senior Program Officer
$152,837Pt VII · Sec A
Program Officer
$146,876Pt VII · Sec A
$0Pt VII · Sec A

Allison Harvey Turner’s $336K as Chief Executive Officer is at the 72nd percentile of top reported officer pay among 324 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Allison Harvey Turner$336,284$323,526$304,292$273,205$253,992
Lizette Leclerc$237,778$233,217$219,178$190,319$183,026
Jennifer Sokolove$228,850$220,210$207,931$188,625$169,125
Nicole Verhoff$212,865$209,943$206,810$190,319$170,819
Andrew Fahlund$198,068$205,516$191,458$174,313$165,306
Marissa Christiansen—$176,883———
Alexandra Paxton$169,073—$160,463$146,876$136,180
Elizabeth Soderstrom$168,218$167,076$155,322——

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 Water 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds and coordinates collaborative solutions to secure safe drinking water, restore freshwater ecosystems, and build climate resilience across the United States.

Provided by the organization

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3 program services account for $10.0M of program spending, described in the organization's own filed words · FY2021.
01

Healthy Watersheds

Through program investments in nonprofit and community organizations, as well as consultants, the healthy watersheds program is advancing solutions that sustain and restore freshwater ecosystems and build climate resilience.

$5.1Mprogram expense
02

Healthy Communities

Through program investments in nonprofit and community organizations, as well as consultants, the healthy communities program is advancing solutions that secure safe drinking water and build climate resilience.

$4.2Mprogram expense
03

Water Table

The water table is a collaborative of funders who believe in a shared vision of a sustainable water future. Table members align and pool funding for transformative solutions for water challenges that will bring systemic change.

$759Kprogram expense

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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 · FY2025
Total grants receivedfrom 1 funder$75K
Grants paid · 431 grants · $42.5M · 2020–2024
National Wildlife FederationVA · FY2024$500,000
Columbia River Inter-Tribal Fish CommissionFY2024$400,000
Water Finance Exchange INCDC · FY2024$310,000
U S Water AllianceWA · FY2024$270,000
American Rivers INCDC · FY2024$265,500
Community Water CenterCA · FY2024$250,000
Bayou City Waterkeeper INCTX · FY2024$250,000
Nez Perce TribeFY2024$225,000
Self-Help EnterprisesCA · FY2024$205,000
Rio Grande International Study CenterTX · FY2024$200,000
California Trout INCCA · FY2024$175,000
Native American Rights FundCO · FY2024$150,000
See all 431 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$14.8M
Ln 12
Gifts and grantsLn 1h$14.6M
Other incomeLn 4–11$158K
Investment incomeLn 3$30K
Money outPt IX
$11.9M
Ln 25
Programscol B$10.6M
Managementcol C$1.2M
Fundraisingcol D$84K
Owns and owesPt X
$20.2M
net assets · Ln 32
Cash and savingsLn 1–2$18.3M
Total assetsLn 16$24.0M
LiabilitiesLn 26$3.9M
PeoplePt VI, VII
17
listed · VII A
PaidVII A7
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.6M
Investment incomeLn 3$30K
Other incomeLn 4–11$158K
Total revenueLn 12$14.8M
Assets in detailPt X, end of year
CashLn 1$414K
SavingsLn 2$17.8M
Cash and savings togetherLn 1–2$18.3M
Land, buildings, equipmentLn 10c$168K
Other assetsLn 15$227K
Total assetsLn 16$24.0M
LiabilitiesLn 26$3.9M
Net assetsLn 32$20.2M
OperationsPt I, VI
EmployeesI 515
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$16.9M$18.3M
Land, buildings, equipmentLn 10c$246K$168K
Total assetsLn 16$19.6M$24.0M
LiabilitiesLn 26$3.3M$3.9M
Net assetsLn 32$16.3M$20.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5.3M$5.3M
Pay of current officers, directors and key staffLn 5$520K$378K$130K$12K
Other salaries and wagesLn 7$1.9M$1.4M$486K$45K
Pension plan contributionsLn 8$171K$124K$43K$4K
Other employee benefitsLn 9$441K$321K$110K$10K
Legal feesLn 11b$64K$47K$16K$571
Accounting feesLn 11c$53K$37K$16K$611
Lobbying feesLn 11d$60K$60K
Other fees for servicesLn 11g$2.5M$2.4M$114K$3K
Office expensesLn 13$61K$40K$21K$512
Information technologyLn 14$48K$33K$14K$492
OccupancyLn 16$602K$414K$182K$6K
TravelLn 17$11K$10K$1K$47
Conferences, conventions and meetingsLn 19$28K$8K$20K$9
Depreciation, depletion and amortizationLn 22$78K$53K$24K$849
InsuranceLn 23$6K$4K$2K$64
Other expenses (24a–d)Ln 24$48K$32K$15K$537
Total functional expensesLn 25$11.9M$10.6M$1.2M$84K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $22.3M$18.3M$4.0M$31.1M 990 PDF
FY2023 $19.5M$21.9M−$2.4M$27.1M 990 PDF
FY2022 $26.0M$16.7M$9.3M$29.5M 990 PDF
FY2021 Viewing $14.8M$11.9M$2.9M$20.2M 990 PDF
FY2020 $15.0M$11.5M$3.5M$16.3M 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $14,837,978 across 6 lines filed
VIII-1f All other contributions, gifts and grants$14,649,347
VIII-1h Total contributions, gifts and grants$14,649,347
VIII-3 Investment incomeExcluded from tax $30,171$30,171
VIII-6 Net rental income or lossExcluded from tax $152,259$152,259
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,201$6,201
VIII-12 Total revenueRelated to mission $6,201 · Unrelated business $0 · Excluded from tax $182,430$14,837,978
Part IX · Statement of functional expenses $11,919,544 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $5,282,671$5,282,671
IX-5 Pay of current officers, directors and key staffPrograms $377,893 · Management $129,761 · Fundraising $11,962$519,616
IX-7 Other salaries and wagesPrograms $1,414,798 · Management $485,815 · Fundraising $44,783$1,945,396
IX-8 Pension plan contributionsPrograms $124,031 · Management $42,590 · Fundraising $3,926$170,547
IX-9 Other employee benefitsPrograms $320,531 · Management $110,065 · Fundraising $10,146$440,742
IX-11b Legal feesPrograms $47,244 · Management $16,199 · Fundraising $571$64,014
IX-11c Accounting feesPrograms $36,881 · Management $15,923 · Fundraising $611$53,415
IX-11d Lobbying feesPrograms $60,075$60,075
IX-11g Other fees for servicesPrograms $2,384,318 · Management $113,918 · Fundraising $3,214$2,501,450
IX-13 Office expensesPrograms $39,770 · Management $20,590 · Fundraising $512$60,872
IX-14 Information technologyPrograms $33,034 · Management $14,380 · Fundraising $492$47,906
IX-16 OccupancyPrograms $414,130 · Management $182,350 · Fundraising $6,007$602,487
IX-17 TravelPrograms $9,572 · Management $1,474 · Fundraising $47$11,093
IX-19 Conferences, conventions and meetingsPrograms $7,823 · Management $19,760 · Fundraising $9$27,592
IX-22 Depreciation, depletion and amortizationPrograms $53,399 · Management $23,847 · Fundraising $849$78,095
IX-23 InsurancePrograms $4,104 · Management $1,819 · Fundraising $64$5,987
IX-24 Other expenses (24a–d)Programs $32,381 · Management $14,668 · Fundraising $537$47,586
IX-25 Total functional expensesPrograms $10,642,655 · Management $1,193,159 · Fundraising $83,730$11,919,544
Part X · Balance sheet $24,031,910 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $489,201$413,529
X-2 Savings and temporary cash investmentsStart of year $16,438,101$17,848,302
X-3 Pledges and grants receivableStart of year $2,111,961$5,318,096
X-9 Prepaid expenses and deferred chargesStart of year $73,892$56,601
X-10c Land, buildings and equipment, netStart of year $246,477$168,382
X-15 Other assetsStart of year $227,000$227,000
X-16 Total assetsStart of year $19,586,632$24,031,910
X-17 Accounts payable and accrued expensesStart of year $685,587$765,253
X-18 Grants payableStart of year $2,516,429$3,026,775
X-19 Deferred revenueStart of year $66,832$64,937
X-26 Total liabilitiesStart of year $3,268,848$3,856,965
X-27 Net assets without donor restrictionsStart of year $10,493,877$10,879,808
X-28 Net assets with donor restrictionsStart of year $5,823,907$9,295,137
X-32 Total net assets or fund balancesStart of year $16,317,784$20,174,945
X-33 Total liabilities and net assetsStart of year $19,586,632$24,031,910
Part XI · Reconciliation of net assets $20,174,945 net assets at year end
XI-1 Total revenue$14,837,978
XI-2 Total expenses$11,919,544
XI-3 Revenue less expenses$2,918,434
XI-4 Net assets at start of year$16,317,784
XI-9 Other changes in net assets$938,727
XI-10 Net assets at end of year$20,174,945

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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