Totals
- Total revenue
- $11,646,667
- Total expenses
- $11,013,649
- Contributions and grants received
- $6,418,920
- Grants paid
- $0
- Program service revenue
- $5,399,994
- Investment income
- $6,453
- Other revenue
- -$178,700
- Total assets, end of year
- $7,824,312
- Total liabilities, end of year
- $6,353,058
- Net assets or fund balances, end of year
- $1,471,254
- Program services expenses (Part IX)
- $6,778,174
- Management and general expenses
- $3,155,806
- Fundraising expenses
- $1,079,669
- Program service expenses (Part III)
- $6,778,174
Program services were 61.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$547,973
-
1e · Government grants (contributions)
$2,591,702
-
1f · All other contributions, gifts and grants
$3,279,245
-
1g · Noncash contributions included above
$226,850
-
2a · Program service revenue: ANALYTICS
total $3,825,681 · related or exempt $3,825,681
-
2b · Program service revenue: WATER QUALITY TRADING
total $1,432,809 · related or exempt $1,432,809
-
2c · Program service revenue: FLOW
total $97,160 · related or exempt $97,160
-
2d · Program service revenue: HABITAT
total $44,344 · related or exempt $44,344
-
3 · Investment income
total $6,855 · excluded $6,855
-
7a · Gross sales of assets other than inventory
other assets $0
-
7b · Less cost or other basis and sales expenses
other assets $402
-
7c · Gain or loss
other assets -$402
-
7d · Net gain or loss
total -$402 · excluded -$402
-
8a · Fundraising events: gross income
$251,505
-
8a · Fundraising events: contributions included on line 1c
$547,973
-
8b · Fundraising events: direct expenses
$440,414
-
8c · Net income from fundraising events
total -$188,909 · excluded -$188,909
-
9a · Gaming: gross income
$17,205
-
9b · Gaming: direct expenses
$6,996
-
9c · Net income from gaming
total $10,209 · excluded $10,209
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $433,015 · program services $150,582 · management and general $109,871 · fundraising $172,562
-
7 · Other salaries and wages
total $3,876,366 · program services $1,906,625 · management and general $1,648,075 · fundraising $321,666
-
8 · Pension plan contributions
total $213,442 · program services $103,898 · management and general $91,337 · fundraising $18,207
-
9 · Other employee benefits
total $889,877 · program services $432,845 · management and general $382,846 · fundraising $74,186
-
10 · Payroll taxes
total $399,976 · program services $194,318 · management and general $164,377 · fundraising $41,281
-
11b · Fees: legal
total $66,147 · management and general $66,147
-
11c · Fees: accounting
total $60,151 · management and general $60,151
-
11d · Fees: lobbying
total $212,026 · program services $212,026
-
11f · Fees: investment management
total $1,504 · management and general $1,504
-
11g · Fees: other
total $2,943,377 · program services $2,610,835 · management and general $28,871 · fundraising $303,671
-
12 · Advertising and promotion
total $28,677 · management and general $2,114 · fundraising $26,563
-
13 · Office expenses
total $135,224 · program services $26,661 · management and general $84,184 · fundraising $24,379
-
14 · Information technology
total $165,347 · program services $4,292 · management and general $150,597 · fundraising $10,458
-
16 · Occupancy
total $346,123 · program services $172,119 · management and general $174,004
-
17 · Travel
total $110,887 · program services $61,437 · management and general $10,797 · fundraising $38,653
-
19 · Conferences, conventions and meetings
total $11,602 · program services $635 · management and general $5,699 · fundraising $5,268
-
20 · Interest
total $72,406 · management and general $72,406
-
22 · Depreciation, depletion and amortization
total $193,864 · program services $188,048 · management and general $5,816
-
23 · Insurance
total $73,380 · management and general $73,380
-
24a · Other expenses: PROGRAM SUPPLIES
total $565,407 · program services $561,121 · management and general $4,230 · fundraising $56
-
24b · Other expenses: WATER FEES
total $102,799 · program services $102,799
-
24c · Other expenses: BAD DEBT
total $45,618 · program services $29,986 · fundraising $15,632
-
24d · Other expenses: BUSINESS DEVELOPMENT
total $35,877 · program services $2,154 · management and general $6,887 · fundraising $26,836
-
24e · All other expenses
total $30,557 · program services $17,793 · management and general $12,513 · fundraising $251
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,669,164 · end of year $2,813,175
-
2 · Savings and temporary cash investments
beginning of year $202,685 · end of year $94,551
-
3 · Pledges and grants receivable
beginning of year $666,686 · end of year $394,915
-
4 · Accounts receivable
beginning of year $1,397,427 · end of year $2,359,541
-
9 · Prepaid expenses and deferred charges
beginning of year $121,426 · end of year $110,858
-
10a · Land, buildings and equipment: cost or other basis
$644,477
-
10b · Land, buildings and equipment: accumulated depreciation
$527,363
-
10c · Land, buildings and equipment, net
beginning of year $168,220 · end of year $117,114
-
12 · Investments: other securities
beginning of year $158,361 · end of year $166,972
-
14 · Intangible assets
beginning of year $758,663 · end of year $886,650
-
15 · Other assets
beginning of year $1,536,281 · end of year $880,536
-
17 · Accounts payable and accrued expenses
beginning of year $502,633 · end of year $784,529
-
19 · Deferred revenue
beginning of year $2,910,995 · end of year $2,853,225
-
24 · Unsecured notes and loans payable
beginning of year $1,900,000 · end of year $1,900,000
-
25 · Other liabilities
beginning of year $1,489,227 · end of year $815,304
-
27 · Net assets without donor restrictions
beginning of year $392,780 · end of year $273,265
-
28 · Net assets with donor restrictions
beginning of year $483,278 · end of year $1,197,989
Mission and programs · 2023
Mission
TO PRESERVE AND RESTORE FRESHWATER ECOSYSTEMS.
-
WATER QUALITY TRADING & WATERSHED ANALYTICS - THE FRESHWATER TRUST USES DATA TO IDENTIFY AND ILLUSTRATE THE SPECIFIC ACTION OR ACTIONS NECESSARY TO CHANGE THE TRAJECTORY OF A WATERSHED'S CURRENT CONDITION; USES THAT INSIGHT TO DRIVE THE POLICY CHANGES, FUNDERS, AND SOCIAL BUY-IN NECESSARY TO UNDERSTAND AND IMPLEMENT THAT OPTIMAL PATHWAY; AND THEN DEVELOPS THE OPERATIONAL/SUPPLY CHAIN CAPACITY AND INNOVATIVE CONSERVATION FINANCING APPROACHES NECESSARY TO DEPLOY THOSE SOLUTIONS. WATER QUALITY TRADING IS ONE IMPORTANT APPROACH FOR CONVERTING THIS INSIGHT INTO HIGH QUALITY ON-THE-GROUND RESULTS. THE FRESHWATER TRUST'S WATER QUALITY TRADING PROGRAM ALLOWS FOR REGULATED ENTITIES TO ACHIEVE REGULATORY COMPLIANCE BY FUNDING QUANTIFIED RESTORATION ACTIONS. BY CALCULATING AND QUANTIFYING HOW MUCH THERMAL ENERGY IS AVOIDED ON A RIVER BY PLANTING STREAMSIDE TREES, THE ORGANIZATION GENERATES CREDITS THAT ARE THEN PURCHASED BY WASTEWATER FACILITIES AND POWER PLANTS TO OFFSET THEIR IMPACTS TO IMPAIRED RIVERS AND STREAMS. THE WORK IS DONE IN PARTNERSHIP WITH REGULATED AGENCIES, IRRIGATORS, REGULATORS AND FARMERS. THIS PROGRAM CAN INCLUDE RESTORATION ACTIONS THAT GENERATE NOT ONLY TEMPERATURE CREDITS, BUT ALSO CREDITS GENERATED FROM REDUCTIONS OF OTHER POLLUTANTS, SUCH AS NUTRIENTS.
Expenses $4,803,279 · Revenue $5,258,490
-
HABITAT - THE FRESHWATER TRUST ACTIVELY RESTORES AQUATIC HABITAT IN THE WESTERN UNITED STATES THROUGH ITS HABITAT RESTORATION PROGRAM. FROM PLACING LOGS INSTREAM TO CREATE RIVER COMPLEXITY AND PLANTING TREES TO STABILIZE STREAMBANKS AND PROVIDE SHADE TO LOWER WATER TEMPERATURE, THE ORGANIZATION ADVANCES SCIENCE-BASED, ECOLOGICALLY-SOUND RESTORATION PROJECTS TO RESTORE HABITAT FUNCTION CRITICAL TO SALMON PRODUCTIVITY.
Expenses $1,849,681 · Revenue $44,344
-
FLOW - THE FRESHWATER TRUST RESTORES STREAM FLOWS BY WORKING COLLABORATIVELY WITH WILLING LANDOWNERS. THE ORGANIZATION USES A VARIETY OF COOPERATIVE SOLUTIONS, INCLUDING FINANCIAL COMPENSATION, TECHNICAL ASSISTANCE AND EXPERT ADVICE TO KEEP MORE WATER IN OUR STREAMS AND RIVERS.
Expenses $125,214 · Revenue $97,160
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JOE WHITWORTH
PRESIDENT
- Total calculated
- $276,127
- From this org
- $242,351
- From related orgs
- $0
- Other
- $33,776
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $242,351
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $33,776
- Filer's total
- $276,127
-
RENAI BELL SENIOR
DIRECTOR OF PRODUCTS & ANALYTICS
- Total calculated
- $193,914
- From this org
- $176,935
- From related orgs
- $0
- Other
- $16,979
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,935
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $16,979
- Filer's total
- $193,914
-
DYLAN HARP SCIENTIST II
COMPUTATIONAL HYDROLOGY
- Total calculated
- $167,356
- From this org
- $151,627
- From related orgs
- $0
- Other
- $15,729
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,627
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $15,729
- Filer's total
- $167,356
-
DAVID PRIMOZICH
VICE PRESIDENT OF WATER
- Total calculated
- $180,346
- From this org
- $151,002
- From related orgs
- $0
- Other
- $29,344
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $151,002
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $29,344
- Filer's total
- $180,346
-
ERIK RINGELBERG
REGIONAL VICE PRESIDENT CALIFORNIA
- Total calculated
- $167,862
- From this org
- $140,966
- From related orgs
- $0
- Other
- $26,896
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,966
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,896
- Filer's total
- $167,862
-
KIMBERLEE OBILANA
VICE PRESIDENT OF PEOPLE & OPERATIONS
- Total calculated
- $151,281
- From this org
- $140,326
- From related orgs
- $0
- Other
- $10,955
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,326
- Bonus
- $3,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $10,955
- Filer's total
- $151,281
-
TIMOTHY WIGINGTON
VICE PRESIDENT OF FINANCE & POLICY
- Total calculated
- $156,888
- From this org
- $126,120
- From related orgs
- $0
- Other
- $30,768
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,120
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $30,768
- Filer's total
- $156,888
-
SCOTT SANDBO
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
MARGARET DONAVAN CORMIER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
GARY FISH
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
ANTHONY TRUNZO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
BRAD PREBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DAVID CHEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DAVID LAURANCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DEBRA HATCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
GIA SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
HANK ASHFORTH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
KIM MALEK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARCELINO ALVAREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MARGARET TUCHMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MIKE POHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MOLLY MCCABE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
NATALIE HOCKEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
PAUL FORTINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
PETER DOUBLEDAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SARA SPANGELO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SCOTT DEMOREST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
WILLIAM NEUHAUSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE ORGANIZATION HOLDS A MEMBERSHIP AT A SOCIAL CLUB IN THE NAME OF OUR PRESIDENT/CEO. THE MEMBERSHIP IS USED FOR MEETINGS WITH DONORS AND OTHER BUSINESS DEVELOPMENT. OTHER MEMBERS OF TFT USED THE MEMBERSHIP ON OCCASION FOR STAFF MEETINGS OR OTHER COMPANY BUSINSESS, WHEN ACCOMPANIED BY THE PRESIDENT/CEO AS HIS GUEST.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403199349315610
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.