Watershed Solutions Network EIN 92-3975275

Watershed Solutions Network

EIN  92-3975275 Public charity (501(c)(3)) Sacramento, CA
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Size
$100K–1M
What they do
Builds leadership and collaboration to sustainably manage water resources for climate adaptation.
Leadership
Deborah Franco · CEO · $109K
Money in and out
$572K revenue, $872K expenses
Bottom line
66% program efficiency

Builds leadership and collaboration to sustainably manage water resources for climate adaptation. For fiscal year 2025 it reported $572K in revenue, $872K in expenses, and $690K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$572K
Pt VIII · Ln 12
Total expenses
$872K
Pt IX · Ln 25
Net assets
$690K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$299K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.27 Fundraising $0.07
Program efficiency
66%
of spending reaches programs▲ +55% vs prior filing year
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate▼ -98% vs prior filing year
Surplus margin
-52%
revenue over expenses, this year▼ -153% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$572K
FY2025▼ -43%
Expenses
$872K
FY2025▲ ×65
Total assets
$707K
FY2025▼ -29%
Total liabilities
$17K
FY2025▲ +163%
Total revenue
$572K
Pt VIII · Ln 12
Total expenses
$872K
Pt IX · Ln 25
Net assets
$690K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$299K
Total assetsPt X · Ln 16$707K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $572K of program spending, described in the organization's own filed words · FY2024.
01

WSN cultivates bold leaders, strengthens trust across divides, and demonstrates how collaboration at the watershed scale drives climate resilience. In July 2025, Watershed Solutions Network (WSN) completed its first year as an independent 501(c)(3).

$572Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWatershed Solutions Network
EINHdr · item D92-3975275
Principal addressHdr · item CSacramento, CA
WebsiteHdr · item Jwatersolutionsnetwork.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C01)
Ruling yearIRS BMFMar 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$109,006Pt VII · Sec A
Chair, Secretary
$0Pt VII · Sec A
Chair, Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Deborah Franco’s $109K as CEO is at the 86th 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.

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Statement of Revenue

Part VIII
Contributions & grants$498K · 87%
Program service revenue$69K · 12%
Investment income$4K · 1%
Contributions & grants87%$498K
Program service revenue12%$69K
Investment income1%$4K
Other revenue$2K
— government grantsLn 1e$386K
Total revenueLn 12$572K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.27 Fundraising $0.07
Program services66%$572K
Management & general27%$237K
Fundraising7%$62K
Total functional expensesLn 25$872K

Balance Sheet

Part X · end of year
CashLn 1$704K
Total assetsLn 16$707K
Total liabilitiesLn 26$17K
Total net assetsLn 32$690K
Months of cash on handcomputed9.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $704K · Operating expenses/yr $872K
9.7 months
Where the money goes
Program services
Program services $572K · Total expenses $872K
66%
Management & General
Management & general $237K · Total expenses $872K
27%
Fundraising
Fundraising $62K · Total expenses $872K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $31K · Solicited contributions (2-yr avg) $556K
$0.06 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $498K · Total revenue $572K
87%
Government reliance
Government grants $386K · Total revenue $572K
67%
Earned-income share
Program service revenue $69K · Total revenue $572K
12%
Investment reliance
Investment income $4K · Total revenue $572K
+1%
Program self-sufficiency
Program service revenue $69K · Total expenses $872K
8%
Growth & trend
Revenue growth (YoY)
This year $572K · Prior year $1.0M
-43%
Net-asset trend (YoY)
End of year $690K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $572K · Expenses $872K
-52%
Liabilities-to-Assets
Total liabilities — · Total assets $707K
Net-asset ratio
Net assets $690K · Total assets $707K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $707K
0%
People & payroll
Highest Reported Total Compensation
Individual Deborah Franco · Reported title CEO · Highest reported compensation $109K · Total expenses $872K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $620K · Total expenses $872K
71%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 27%
Fundraising cost ratio 12%
Revenue growth -43%
Investment management fee ratio 0%
Legal fee ratio 1%
Accounting fee ratio 2%
Fundraising fee ratio 2%

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 3 funders$1.4M
See all 3 funders →

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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
FY2025 (Latest)$572K revenue · viewing · ⤓ 990 PDF
FY2024$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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