Watershed Row Fund: Nonprofit Profile, Financials & Form 990 (EIN 99-3147072)

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

80 cents of each dollar spent went to programs.

80%

20%

Program services 80% · $162K Management & general 20% · $40K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation

Alexander Froom

Director & President

$0Pt VII · Sec A

Zachary Rodriguez

Director

$0Pt VII · Sec A

Shaz Rajput

Director

$0Pt VII · Sec A

Erica Reeder

Director

$0Pt VII · Sec A

Mary C Acker

Secretary & Treasurer

$0Pt VII · Sec A

David J Korotkin

Assistant Secretary

$0Pt VII · Sec A

See Watershed Row Fund executive salaries →

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 15aNo

Programs and updates

Building a sustainable community hub with local food, arts, and green practices.

Questions for Watershed Row Fund

Tap to ask. Watershed Row Fund sees how many people are interested.

Your first name shows with your question. Watershed Row Fund answers here, for everyone.

1 program · $162K · in their own filed words · FY2024

01

Developing a living building in Klamath Falls, Oregon, to foster resilience, equity, and sustainability within the Klamath Basin through the integration of local food systems, arts, recreation, and green building practices

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 99-3147072) · Dispute this line

$162Kprogram expense

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$19.3M

Ln 12

Gifts and grantsLn 1h$19.0M

Investment incomeLn 3$277K

Money outPt IX

$202K

Ln 25

Programscol B$162K

Managementcol C$40K

Owns and owesPt X

$19.0M

net assets · Ln 32

Cash and savingsLn 1–2$928K

Total assetsLn 16$19.0M

LiabilitiesLn 26$511

PeoplePt VI, VII

6

listed · VII A

PaidVII A0

Voting boardVI 1a4

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$19.0M

Investment incomeLn 3$277K

Total revenueLn 12$19.3M

Assets in detailPt X, end of year

CashLn 1$105K

SavingsLn 2$823K

Cash and savings togetherLn 1–2$928K

Accounts receivableLn 4$25K

Land, buildings, equipmentLn 10c$4.7M

InvestmentsLn 11–13$13.4M

Other assetsLn 15$1K

Total assetsLn 16$19.0M

LiabilitiesLn 26$511

Net assetsLn 32$19.0M

OperationsPt I, VI

EmployeesI 51

VolunteersI 65

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

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$0	$928K
InvestmentsLn 11–13	$0	$13.4M
Land, buildings, equipmentLn 10c	$0	$4.7M
Total assetsLn 16	$0	$19.0M
LiabilitiesLn 26	$0	$511
Net assetsLn 32	$0	$19.0M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$20K	$20K	$0	$0
Pension plan contributionsLn 8	$609	$609	$0	$0
Other employee benefitsLn 9	$516	$516	$0	$0
Payroll taxesLn 10	$2K	$2K	$0	$0
Legal feesLn 11b	$23K	$23K	$0	$0
Accounting feesLn 11c	$13K	$13K	$0	$0
Investment management feesLn 11f	$4K	$0	$4K	$0
Advertising and promotionLn 12	$2K	$2K	$0	$0
Office expensesLn 13	$25K	$0	$25K	$0
Information technologyLn 14	$132	$0	$132	$0
TravelLn 17	$293	$0	$293	$0
InsuranceLn 23	$100K	$100K	$0	$0
Other expenses (24a–d)Ln 24	$10K	$0	$10K	$0
Total functional expensesLn 25	$202K	$162K	$40K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest ViewingFiled with the IRS May 14, 2025	$19.3M	$202K	$19.1M	$19.0M	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2024 990

Part I · Summary $19,276,582 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$19,000,000

I-9 Program service revenue$0

I-10 Investment incomePrior year $0$276,582

I-11 Other revenue$0

I-12 Total revenuePrior year $0$19,276,582

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $0$23,413

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $0$178,337

I-18 Total expensesPrior year $0$201,750

I-19 Revenue less expensesPrior year $0$19,074,832

Part VI · Governance 3 of 4 board members independent, 4 to look at

VI-1a Voting members of the governing body4

VI-1b Independent voting members3

VI-2 Family or business relationship among officers or directorsYes

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $19,276,582 across 4 lines filed

VIII-1d Related organizations$19,000,000

VIII-1h Total contributions, gifts and grants$19,000,000

VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $276,582$276,582

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $276,582$19,276,582

Part IX · Statement of functional expenses $201,750 across 13 lines filed

IX-7 Other salaries and wagesPrograms $20,294 · Management $0 · Fundraising $0$20,294

IX-8 Pension plan contributionsPrograms $609 · Management $0 · Fundraising $0$609

IX-9 Other employee benefitsPrograms $516 · Management $0 · Fundraising $0$516

IX-10 Payroll taxesPrograms $1,994 · Management $0 · Fundraising $0$1,994

IX-11b Legal feesPrograms $23,007 · Management $0 · Fundraising $0$23,007

IX-11c Accounting feesPrograms $12,952 · Management $0 · Fundraising $0$12,952

IX-11f Investment management feesPrograms $0 · Management $4,376 · Fundraising $0$4,376

IX-12 Advertising and promotionPrograms $2,150 · Management $0 · Fundraising $0$2,150

IX-13 Office expensesPrograms $0 · Management $24,816 · Fundraising $0$24,816

IX-14 Information technologyPrograms $0 · Management $132 · Fundraising $0$132

IX-17 TravelPrograms $0 · Management $293 · Fundraising $0$293

IX-23 InsurancePrograms $100,187 · Management $0 · Fundraising $0$100,187

IX-24 Other expenses (24a–d)Programs $0 · Management $10,424 · Fundraising $0$10,424

IX-25 Total functional expensesPrograms $161,709 · Management $40,041 · Fundraising $0$201,750

Part X · Balance sheet $19,024,176 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $0$104,544

X-2 Savings and temporary cash investmentsStart of year $0$823,032

X-4 Accounts receivableStart of year $0$25,256

X-10c Land, buildings and equipment, netStart of year $0$4,677,994

X-11 Publicly traded securitiesStart of year $0$13,392,300

X-15 Other assetsStart of year $0$1,050

X-16 Total assetsStart of year $0$19,024,176

X-17 Accounts payable and accrued expensesStart of year $0$511

X-26 Total liabilitiesStart of year $0$511

X-31 Retained earnings or endowment$19,023,665

X-32 Total net assets or fund balancesStart of year $0$19,023,665

X-33 Total liabilities and net assetsStart of year $0$19,024,176

Part XI · Reconciliation of net assets $19,023,665 net assets at year end

XI-1 Total revenue$19,276,582

XI-2 Total expenses$201,750

XI-3 Revenue less expenses$19,074,832

XI-4 Net assets at start of year$0

XI-5 Net unrealized gains (losses) on investments−$51,167

XI-10 Net assets at end of year$19,023,665

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

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

Watershed Row Fund

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Watershed Row Fund

By the numbers

Filing history

Schedules filed Part IV

Featured nonprofit jobs