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Nonprofiteer
← HEADWATERS ECONOMICS INC

Form 990 for tax year 2024

Filed by HEADWATERS ECONOMICS INC.

Totals

Total revenue
$4,899,075
Total expenses
$3,755,526
Contributions and grants received
$4,824,091
Grants paid
$0
Program service revenue
$20,543
Investment income
$48,162
Other revenue
$6,279
Total assets, end of year
$4,080,627
Total liabilities, end of year
$145,484
Net assets or fund balances, end of year
$3,935,143
Program services expenses (Part IX)
$3,478,169
Management and general expenses
$262,991
Fundraising expenses
$14,366
Program service expenses (Part III)
$3,478,169

Program services were 92.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PATRICIA HERNANDEZ

    Executive Dir.

    Total calculated
    $184,091
    From this org
    $178,729
    From related orgs
    $0
    Other
    $5,362
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,729
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,362
    Nontaxable benefits
    not reported
    Filer's total
    $184,091

  • KELLY POHL

    ASSOC. DIRECTOR

    Total calculated
    $153,072
    From this org
    $136,241
    From related orgs
    $0
    Other
    $16,831
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,241
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,087
    Nontaxable benefits
    $12,744
    Filer's total
    $153,072

  • KIMIKO BARRETT

    RESEARCHER

    Total calculated
    $133,361
    From this org
    $117,177
    From related orgs
    $0
    Other
    $16,184
    Hours/week
    40

  • KRISTIN SMITH

    RESEARCHER

    Total calculated
    $115,530
    From this org
    $100,580
    From related orgs
    $0
    Other
    $14,950
    Hours/week
    40

  • DOUGLAS GREEN

    PROGRAM MANAGER

    Total calculated
    $115,050
    From this org
    $110,927
    From related orgs
    $0
    Other
    $4,123
    Hours/week
    40

  • MEGAN LAWSON

    RESEARCHER

    Total calculated
    $114,191
    From this org
    $102,347
    From related orgs
    $0
    Other
    $11,844
    Hours/week
    40

  • CARMEN MCSPADDEN

    President

    Total calculated
    $0
    Hours/week
    1

  • BOB BUZZAS

    Director

    Total calculated
    $0
    Hours/week
    0

  • CATHY COSTAKIS

    Director

    Total calculated
    $0
    Hours/week
    0

  • JOE MCCARTY

    Director

    Total calculated
    $0
    Hours/week
    0

  • BILL STODDART

    Director

    Total calculated
    $0
    Hours/week
    0

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

  • 3 · Compensation survey or study
  • 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

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
2024
Filed
17 June 2025
IRS schema version
2024v5.1
Source object
202501689349300110

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