Appalachian Headwaters INC

Tax-deductible

Lewisburg, WV501(c)(3)EnvironmentEIN 81-1405442Revenue $2.8M in FY2024

On file with the IRSappheadwaters.orgPo Box 468, 24901-0468 · Lewisburg, WVTax-exempt since Aug 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Appalachian Headwaters is a non-profit organization created to improve streams, forests and communities throughout central appalachia

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$131K 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

FY2024 · 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 $3.2M a year · 55% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$131K
to officers and key staff · 4% of spending
Top officer’s pay higher than 53% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$91K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.8M
-7% vs prior year
Spent
$3.0M
To programs
93%
Net assets
$36.4M
By yearFY2020–FY2024
Revenue
$2.8M
FY2024▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.0M
FY2021$7.8M
FY2022$9.4M
FY2023$3.0M
FY2024$2.8M
Expenses
$3.0M
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$2.7M
FY2022$2.5M
FY2023$2.5M
FY2024$3.0M
Net assets
$36.4M
FY2024▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$21.5M
FY2021$27.1M
FY2022$32.9M
FY2023$35.3M
FY2024$36.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

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

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $2.8M Management & general 7% · $222K

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

5 people listed on the 990; $131K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$130,974Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Joseph M Lovett’s $131K as Executive Director is at the 53rd 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Joseph M Lovett$130,974$124,969$119,137$120,567$94,436

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 Appalachian Headwaters INC 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

Restores streams, forests, and communities in Central Appalachia.

Provided by the organization

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1 program · $2.8M · in their own filed words · FY2024
01

To improve streams, forests and communities, and to conduct environmental education throughout central appalachia

$2.8Mprogram 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
Total grants receivedfrom 1 funder$10K
Grants paid · 25 grants · $296K · 2020–2024
Yew Mountain CenterWV · FY2024$20,000
Individual RecipientFY2024$17,000
Save the ChildrenFY2024$10,000
Lewisburg Fairlea Food LockerFY2024$5,000
Manna Meal INCWV · FY2023$10,000
Ronceverte Food Pantry INCWV · FY2023$5,000
Alderson Food PantryFY2023$5,000
Lewisburg Fairlea Food LockerFY2023$5,000
Individual RecipientFY2023$5,000
Doctors Without BordersFY2022$5,000
Doctors Without BordersFY2022$5,000
Lewisburg Volunteer Fire DepartmentFY2022$500
Lewisburg Volunteer Fire DepartmentFY2022$500
See all 25 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.8M
Ln 12
Gifts and grantsLn 1h$1.9M
Investment incomeLn 3$768K
Fees for servicesLn 2g$115K
Money outPt IX
$3.0M
Ln 25
Programscol B$2.8M
Managementcol C$222K
Owns and owesPt X
$36.4M
net assets · Ln 32
Cash and savingsLn 1–2$926K
Total assetsLn 16$36.5M
LiabilitiesLn 26$91K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$1.9M
Fees for servicesLn 2g$115K
Investment incomeLn 3$768K
Other incomeLn 4–11$18K
Gains on assetsLn 7$124K
Total revenueLn 12$2.8M
Assets in detailPt X, end of year
CashLn 1$926K
Cash and savings togetherLn 1–2$926K
InvestmentsLn 11–13$25.0M
Land, buildings, equipmentLn 10c$10.2M
Total assetsLn 16$36.5M
LiabilitiesLn 26$91K
Net assetsLn 32$36.4M
OperationsPt I, VI
EmployeesI 571
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$737K$926K
InvestmentsLn 11–13$24.7M$25.0M
Land, buildings, equipmentLn 10c$9.8M$10.2M
Total assetsLn 16$35.5M$36.5M
LiabilitiesLn 26$105K$91K
Net assetsLn 32$35.3M$36.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$79K$79K
Pay of current officers, directors and key staffLn 5$131K$124K$7K
Other salaries and wagesLn 7$1.2M$1.1M$58K
Pension plan contributionsLn 8$67K$64K$3K
Other employee benefitsLn 9$112K$106K$6K
Payroll taxesLn 10$106K$101K$5K
Management feesLn 11a$155K$147K$8K
Legal feesLn 11b$257$244$13
Accounting feesLn 11c$38K$19K$19K
Investment management feesLn 11f$10K$10K$522
Advertising and promotionLn 12$8K$8K$418
Office expensesLn 13$3K$3K$142
OccupancyLn 16$27K$24K$3K
Conferences, conventions and meetingsLn 19$12K$12K
Depreciation, depletion and amortizationLn 22$299K$284K$15K
InsuranceLn 23$169K$161K$8K
Other expenses (24a–d)Ln 24$321K$299K$22K
All other expensesLn 24e$307K$240K$67K
Total functional expensesLn 25$3.0M$2.8M$222K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.8M$3.0M−$225K$36.4M 990 PDF
FY2023 $3.0M$2.5M$516K$35.3M 990 PDF
FY2022 $9.4M$2.5M$6.9M$32.9M 990 PDF
FY2021 $7.8M$2.7M$5.2M$27.1M 990 PDF
FY2020 $6.0M$2.5M$3.6M$21.5M 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 FY2024 990 (6 parts)
Part I · Summary $2,781,159 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,199,560$1,880,780
I-9 Program service revenuePrior year $106,889$114,599
I-10 Investment incomePrior year $685,694$767,641
I-11 Other revenuePrior year $2,525$18,139
I-12 Total revenuePrior year $2,994,668$2,781,159
I-13 Grants and similar amounts paidPrior year $38,900$79,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,392,647$1,576,057
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,046,950$1,351,057
I-18 Total expensesPrior year $2,478,497$3,006,114
I-19 Revenue less expensesPrior year $516,171−$224,955
Part VI · Governance 4 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,781,159 across 10 lines filed
VIII-1e Government grants$1,863,230
VIII-1f All other contributions, gifts and grants$17,550
VIII-1h Total contributions, gifts and grants$1,880,780
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $114,599$114,599
VIII-3 Investment incomeExcluded from tax $643,863$643,863
VIII-6 Net rental income or lossRelated to mission $15,947$15,947
VIII-7 Net gain or loss on sales of assetsExcluded from tax $123,778$123,778
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,192$2,192
VIII-12 Total revenueRelated to mission $132,738 · Unrelated business $0 · Excluded from tax $767,641$2,781,159
Part IX · Statement of functional expenses $3,006,114 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $79,000$79,000
IX-5 Pay of current officers, directors and key staffPrograms $124,425 · Management $6,549$130,974
IX-7 Other salaries and wagesPrograms $1,101,874 · Management $57,993$1,159,867
IX-8 Pension plan contributionsPrograms $64,073 · Management $3,372$67,445
IX-9 Other employee benefitsPrograms $106,259 · Management $5,593$111,852
IX-10 Payroll taxesPrograms $100,623 · Management $5,296$105,919
IX-11a Management feesPrograms $147,436 · Management $7,760$155,196
IX-11b Legal feesPrograms $244 · Management $13$257
IX-11c Accounting feesPrograms $18,920 · Management $18,920$37,840
IX-11f Investment management feesPrograms $9,925 · Management $522$10,447
IX-12 Advertising and promotionPrograms $7,933 · Management $418$8,351
IX-13 Office expensesPrograms $2,693 · Management $142$2,835
IX-16 OccupancyPrograms $24,253 · Management $2,695$26,948
IX-19 Conferences, conventions and meetingsPrograms $12,103$12,103
IX-22 Depreciation, depletion and amortizationPrograms $284,466 · Management $14,972$299,438
IX-23 InsurancePrograms $160,616 · Management $8,454$169,070
IX-24 Other expenses (24a–d)Programs $298,973 · Management $22,353$321,326
IX-24e All other expensesPrograms $240,062 · Management $67,184$307,246
IX-25 Total functional expensesPrograms $2,783,878 · Management $222,236 · Fundraising $0$3,006,114
Part X · Balance sheet $36,483,268 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $737,200$925,687
X-9 Prepaid expenses and deferred chargesStart of year $177,152$350,020
X-10c Land, buildings and equipment, netStart of year $9,801,978$10,198,604
X-11 Publicly traded securitiesStart of year $24,725,669$25,008,957
X-16 Total assetsStart of year $35,451,999$36,483,268
X-17 Accounts payable and accrued expensesStart of year $104,974$91,077
X-26 Total liabilitiesStart of year $104,974$91,077
X-27 Net assets without donor restrictionsStart of year $35,347,025$36,392,191
X-32 Total net assets or fund balancesStart of year $35,347,025$36,392,191
X-33 Total liabilities and net assetsStart of year $35,451,999$36,483,268
Part XI · Reconciliation of net assets $36,392,191 net assets at year end
XI-1 Total revenue$2,781,159
XI-2 Total expenses$3,006,114
XI-3 Revenue less expenses−$224,955
XI-4 Net assets at start of year$35,347,025
XI-5 Net unrealized gains (losses) on investments$1,270,121
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$36,392,191

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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