Willamette Falls Trust FY2021 filing

Tax-deductible

West Linn, OR501(c)(3)EnvironmentEIN 47-4968611Revenue $5.8M in FY2021

On file with the IRSwillamettefallstrust.org22825 Willamette Drive Suite 210, 97068-3339 · West Linn, ORTax-exempt since Feb 2016Publicly supported charity — 170(b)(1)(A)(vi)

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To champion and sustain a world-class Willamette Falls experience that offers year-round access to the grandeur of the Falls, historic and cultural interpretation, healthy habitat, public open spaces, and that showcases the hospitality of historic oregon city.

501(c)(3) charity; gifts are tax-deductible.
39¢ of each $1 spent went to programs.
$205K 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

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
2 of 5
filings with a surplus
Average surplus $1.2M a year · 44% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
39%
of spending
Concern: 39% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$205K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
39 mo
of spending, in cash
Looks good: 39.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $666K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$92K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 15 voting members
Looks good: 14 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.8M
×10 vs prior year
Spent
$1.5M
To programs
39%
Net assets
$10.3M
By yearFY2020–FY2024
Revenue
$5.8M
FY2021▲ ×10
Tap a bar for its year
Revenue by fiscal year
FY2020$558K
FY2021$5.8M
FY2022$605K
FY2023$5.1M
FY2024$1.3M
Expenses
$1.5M
FY2021▲ +39%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.5M
FY2022$1.7M
FY2023$1.6M
FY2024$1.7M
Net assets
$10.3M
FY2021▲ +72%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.0M
FY2021$10.3M
FY2022$9.2M
FY2023$12.7M
FY2024$12.3M

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 Feb 2016.

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

Where the money goes

39 cents of each dollar spent went to programs.

Program services 39% · $576K Management & general 19% · $278K Fundraising 43% · $632K

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

20 people listed on the 990; $205K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$104,026Pt VII · Sec A
Campaign Director
$101,069Pt VII · Sec A
Chair Emeritus
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Katherine Brown’s $125K as President is at the 49th percentile of top reported officer pay among 1851 $1–10M 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alexis Ingram—$134,425$116,567$101,069—
Katherine Brown$125,390————
Andrew Mason$91,021$104,698$116,100$104,026$109,244
Gerard Rodriguez—$112,890$103,086——
Justin Pabalate$110,848————
Leslie Mason$102,934————

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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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

Preserves and enhances Willamette Falls for public access, history, and habitat.

Questions for Willamette Falls Trust

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Provided by the organization

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2 programs · $576K · in their own filed words · FY2021
01

Completed design recommendations through indigenous community engagement and broadened applicability of these recommendations to any projects relating to the falls, and most projects along the lower willamette river.

$352Kprogram expense
02

Successfully engaged additional partners to explore a broader willamette falls vision, including the locks authority, the heritage area, the city of west linn, and portland general electric. Secured an additional funding for capital project work at willamette falls.

$223Kprogram 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 6 funders →
Grants paid · 1 grant · $55K · 2024–2024
Tamastlikit Cultural InstituteFY2024$55,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$5.8M
Ln 12
Gifts and grantsLn 1h$5.8M
Investment incomeLn 3$6K
Other incomeLn 4–11$250
Money outPt IX
$1.5M
Ln 25
Programscol B$576K
Managementcol C$278K
Fundraisingcol D$632K
Owns and owesPt X
$10.3M
net assets · Ln 32
Cash and savingsLn 1–2$4.9M
Total assetsLn 16$10.4M
LiabilitiesLn 26$92K
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a15
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.8M
Investment incomeLn 3$6K
Other incomeLn 4–11$250
Total revenueLn 12$5.8M
Assets in detailPt X, end of year
CashLn 1$2.7M
SavingsLn 2$2.1M
Cash and savings togetherLn 1–2$4.9M
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$10.4M
LiabilitiesLn 26$92K
Net assetsLn 32$10.3M
OperationsPt I, VI
EmployeesI 54
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$5.8M$4.9M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$6.1M$10.4M
LiabilitiesLn 26$37K$92K
Net assetsLn 32$6.0M$10.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$114K$45K$25K$44K
Other salaries and wagesLn 7$288K$115K$62K$111K
Pension plan contributionsLn 8$7K$3K$2K$3K
Other employee benefitsLn 9$26K$10K$6K$10K
Payroll taxesLn 10$32K$13K$7K$12K
Management feesLn 11a$17K$17K
Legal feesLn 11b$20K$5K$15K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$904K$361K$125K$418K
Office expensesLn 13$25K$10K$5K$10K
TravelLn 17$30K$12K$6K$11K
InsuranceLn 23$1K$553$299$535
Other expenses (24a–d)Ln 24$12K$16$252$12K
All other expensesLn 24e$2K$717$388$694
Total functional expensesLn 25$1.5M$576K$278K$632K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.7M−$358K$12.3M 990 PDF
FY2023 $5.1M$1.6M$3.5M$12.7M 990 PDF
FY2022 $605K$1.7M−$1.1M$9.2M 990 PDF
FY2021 Viewing $5.8M$1.5M$4.3M$10.3M 990 PDF
FY2020 $558K$1.1M−$509K$6.0M 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 (6 parts)
Part I · Summary $5,790,257 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $473,898$5,783,602
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $83,793$6,405
I-11 Other revenuePrior year $0$250
I-12 Total revenuePrior year $557,691$5,790,257
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $304,739$466,681
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $762,338$1,018,744
I-18 Total expensesPrior year $1,067,077$1,485,425
I-19 Revenue less expensesPrior year −$509,386$4,304,832
Part VI · Governance 14 of 15 board members independent, 2 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members14
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,790,257 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,783,602
VIII-1h Total contributions, gifts and grants$5,783,602
VIII-3 Investment incomeExcluded from tax $6,405$6,405
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $250$250
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $6,655$5,790,257
Part IX · Statement of functional expenses $1,485,425 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $45,424 · Management $24,570 · Fundraising $43,965$113,959
IX-7 Other salaries and wagesPrograms $114,771 · Management $62,079 · Fundraising $111,087$287,937
IX-8 Pension plan contributionsPrograms $2,856 · Management $1,545 · Fundraising $2,764$7,165
IX-9 Other employee benefitsPrograms $10,401 · Management $5,625 · Fundraising $10,067$26,093
IX-10 Payroll taxesPrograms $12,567 · Management $6,797 · Fundraising $12,163$31,527
IX-11a Management feesManagement $16,706$16,706
IX-11b Legal feesPrograms $5,348 · Management $14,829$20,177
IX-11c Accounting feesManagement $8,308$8,308
IX-11g Other fees for servicesPrograms $361,277 · Management $124,960 · Fundraising $417,714$903,951
IX-13 Office expensesPrograms $9,880 · Management $5,344 · Fundraising $9,563$24,787
IX-17 TravelPrograms $11,819 · Management $6,393 · Fundraising $11,440$29,652
IX-23 InsurancePrograms $553 · Management $299 · Fundraising $535$1,387
IX-24 Other expenses (24a–d)Programs $16 · Management $252 · Fundraising $11,709$11,977
IX-24e All other expensesPrograms $717 · Management $388 · Fundraising $694$1,799
IX-25 Total functional expensesPrograms $575,629 · Management $278,095 · Fundraising $631,701$1,485,425
Part X · Balance sheet $10,412,398 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $460,239$2,728,624
X-2 Savings and temporary cash investmentsStart of year $5,378,365$2,127,843
X-3 Pledges and grants receivableStart of year $211,056$5,554,120
X-9 Prepaid expenses and deferred chargesStart of year $2,280$1,811
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $6,051,940$10,412,398
X-17 Accounts payable and accrued expensesStart of year $36,728$92,354
X-26 Total liabilitiesStart of year $36,728$92,354
X-27 Net assets without donor restrictionsStart of year $5,881,593$4,956,747
X-28 Net assets with donor restrictionsStart of year $133,619$5,363,297
X-32 Total net assets or fund balancesStart of year $6,015,212$10,320,044
X-33 Total liabilities and net assetsStart of year $6,051,940$10,412,398
Part XI · Reconciliation of net assets $10,320,044 net assets at year end
XI-1 Total revenue$5,790,257
XI-2 Total expenses$1,485,425
XI-3 Revenue less expenses$4,304,832
XI-4 Net assets at start of year$6,015,212
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,320,044

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

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