Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
EIN 61-1239766 • 501(c)3 • Louisville, KY
Profile
To protect and restore kentucky's waterways.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
73rd percentile
Higher debt load relative to revenue than 73% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
37th percentile
Higher top officer pay than 37% of similar nonprofits.
Top officer pay equals 5.7% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Down$8,049,789
Down $3,493,267 (-30%) from 2023
Liabilities
Up$750,780
Up $504,221 (+205%) from 2023
Net Assets
Down$7,299,009
Down $3,997,488 (-35%) from 2023
Revenue
Up$1,703,377
Up $715,137 (+72%) from 2023
Expenses
Up$5,701,240
Up $3,463,212 (+155%) from 2023
Net Income
Down-$3,997,863
Down $2,748,075 (-220%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To protect, restore and celebrate the waterways of kentucky.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $10,748,090 | $7,119,272 | ▼ $3,628,818 |
| Cash and Non-Interest-Bearing Accounts | $647,963 | $694,950 | ▲ $46,987 |
| Accounts Receivable | $16,931 | $144,605 | ▲ $127,674 |
| Pledges and Grants Receivable | $118,975 | $81,414 | ▼ $37,561 |
| Prepaid Expenses and Deferred Charges | $5,555 | $5,983 | ▲ $428 |
| Land, Buildings, and Equipment, Net | $3,651 | $2,462 | ▼ $1,189 |
| Total Assets | $11,543,056 | $8,049,789 | ▼ $3,493,267 |
| Other Assets Total | $1,891 | $1,103 | ▼ $788 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $244,668 | $749,677 | ▲ $505,009 |
| Other Liabilities | $1,891 | $1,103 | ▼ $788 |
| Total Liabilities | $246,559 | $750,780 | ▲ $504,221 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $10,938,039 | $6,977,098 | ▼ $3,960,941 |
| Net Assets Without Donor Restrictions | $358,458 | $321,911 | ▼ $36,547 |
| Total Net Assets Fund Balance | $11,296,497 | $7,299,009 | ▼ $3,997,488 |
| Total Liabilities and Net Assets / Fund Balance | $11,543,056 | $8,049,789 | ▼ $3,493,267 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $2,462 | $5,451 | $7,913 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Washburn | Executive Di | FT | $90,815 | $7,071 | $97,886 |
| Name | Title |
|---|---|
| Martin Hjalm | President |
| Ali Swann | Board Member |
| Alisha Deatrick | Board Member |
| Elisabeth Walton | Board Member |
| Gordon Garner | Board Member |
| Jamie Young | Board Member |
| Kay Harker | Board Member |
| Kuntesh Naik | Board Member |
| Layne Taylor | Board Member |
| Tim Wissing | Board Member |
| Travis Murphy | Board Member |
| Pamla Wood | Treasurer |
| Caitlin Johnson | Vice Preside |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Res Kentucky LLC | Ecological Rest | 6575 WEST LOOP SOUTH, STE 300, Bellaire, TX 77401 | $2,980,938 |
| Riverine Solutions LLC | Engineering | 15321 CHAMPION LAKES PLACE, Louisville, KY 40245 | $322,074 |
| Line Item | Amount |
|---|---|
| Other Expenses | $5,313,694 |
| Salaries, Compensation, and Employee Benefits | $387,546 |
| Total Fundraising Expense | $28,817 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $4,783,080 | $2,800 | $50 | $4,785,930 |
| Other Salaries and Wages | $174,795 | $48,976 | $16,230 | $240,001 |
| Current Officers, Directors, Trustees, and Key Employees | $66,142 | $18,532 | $6,141 | $90,815 |
| Fees for Services Accounting | - | $76,318 | - | $76,318 |
| Payroll Taxes | $19,096 | $4,806 | $1,774 | $25,676 |
| Other Employee Benefits | $14,860 | $8,360 | $1,065 | $24,285 |
| Other Expenses | $22,744 | $1,739 | $300 | $22,744 |
| Conferences and Meetings | $20,410 | $283 | $84 | $20,777 |
| All Other Expenses | $8,328 | $8,252 | $62 | $16,642 |
| Information Technology | $1,769 | $11,958 | - | $13,727 |
| Office Expenses | $6,040 | $2,172 | $2,720 | $10,932 |
| Occupancy | $870 | $7,793 | - | $8,663 |
| Insurance | $4,663 | $3,695 | - | $8,358 |
| Pension Plan Contributions | $4,129 | $2,301 | $339 | $6,769 |
| Advertising | $2,253 | $125 | $2 | $2,380 |
| Depreciation Depletion | - | $1,189 | - | $1,189 |
| Fees for Services Legal | - | $970 | - | $970 |
| Total Functional Expenses | $5,472,154 | $200,269 | $28,817 | $5,701,240 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $5,701,240 |
| Total Expenses per Audited Statements | $5,683,403 |
| Expenses per Audited Statements | $5,678,496 |
| Expenses Not Reported on Financial Statements | $22,744 |
| Other Expense Adjustments | $22,744 |
| Expenses Not Reported on Form 990 | $4,907 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Lease Liabilities | $1,103 |
“The 990 is reviewed by the executive director, the finance and audit committee and the board before filing.”
“Signed annually at board meetings - staff monitors”
“Completed a salary landscape survey of comparable organizations and executive director salaries.”
“The by-laws and our strategic plan are made available by request or through our website”
“Kentucky aquatics resource fund - restore the kentucky aquatic resource fund (karf) is a collaborative conservation initiative launched in 2009 by the kentucky waterways alliance in partnership with the u.s. Fish & wildlife service's kentucky field office. Managed by kwa as the fund's financial steward, karf pools resources from multiple agencies and stakeholders to support research, surveys, and monitoring of waterways, as well as stream and riparian habitat restoration across the state. Karf also includes dam and barrier removal in its portfolio. Karf funds propagation and reintroduction of threatened species like the fat pocketbook mussel, supports voluntary land-preservation agreements, and provides matching funds for grant-driven conservation projects. Through these efforts, karf ensures that impacts to aquatic ecosystems are addressed with real recovery-focused benefits, driving tangible improvements in kentucky's waterways.”
“Watershed program - restore kwa's watershed program encompasses a broad range of initiatives aimed at reducing nonpoint source pollution and strengthening local watershed stewardship. Through its septic assistance program, kwa offers installation and repair services to low-income families, replacing failing systems that threaten water quality in areas like the red river gorge, all funded in part through epa 319 grants. The program's watershed seed grant (kwa 2025 -2027) provides up to 3,000 in project-based funding for small nonprofits and community groups working on nps issues-from stream cleanups to rain gardens-across all seven of kentucky's major river basins. Facilitating peer support and learning, the kentucky watershed network brings together watershed leaders statewide, while locally the red river festival combines community education, outdoor recreation (like canoe races), stream cleanups, and live music to celebrate and protect the watershed-a key recipient of recent kentucky river authority grants supporting this beloved event. It is difficul to estimate the number of individual simpacted by our work - for every family that received a septic install, the entire community and all downriver communities benefit from a reduction in water contamination. We funded seven seed grant projects around the state, each for organiatios that have deep ties with and impact on their communities. Three hundred people attended the red river festival.”
“Community engagement - celebrate in 2024, kwa deepened its community engagement across the state through a combination of on-the-ground action, public storytelling, and strategic communications. Our commonwealth sweep cleanup series mobilized over 200 volunteers in all seven of kentucky's major river basins-from earth day on beargrass creek to coordinated litter pickups in communities like covington and manchester-reminding kentuckians that clean water starts with local care. We also hosted five public screenings of the documentary this is the ohio: life, death & rebirth of the beautiful river, drawing more than 1,000 attendees to engage in meaningful conversations about the future of the ohio river and our shared responsibility to protect it. This on-the-ground work is amplified by a robust communications strategy that's also a core part of our community engagement: our well-received social media presence, our exceptionally high-performing e-newsletter (with a 60% open rate), and our biannual print magazine all help connect, inform, and mobilize kentuckians around water issues. Taken together, these efforts allow kwa to reach thousands upon thousands of people every year-building not just awareness, but a growing movement for clean, healthy waterways across the commonwealth.”
“Water policy and advocacy - protect in 2024, kwa's water policy work made significant strides, and we've continued to play a key role in shaping the bipartisan ohio river restoration program, working closely with fellow ngos and congressional champions-rep. Morgan mcgarvey (d-ky) and rep. Erin houchin (r-in)-to advance a federal restoration office and secure long-term investment in the river's health. On the state level, kwa helped halt an illegal, off?permit discharge of 4.5?million gallons of industrial wastewater into the green river, after threatening legal action and raising clean-water concerns with regulators. We also led the advocacy against senate bill?89-which would have rolled back protections for groundwater, wetlands, and headwaters- coordinating coalition efforts to defend kentuckians' water rights. Together, these achievements demonstrate kwa's growing influence in crafting effective water policy at both federal and state levels. Bolstering all of this, donor support allowed us to hire our first water policy director, nick hart, in october 2024.”
“Contract expenses 4,781,610 93 50 payroll services 0 2,707 0 marketing consultant 1,470 0 0 total 4,783,080 2,800 50”
“Event expenses -22,744 merchandise expenses 4,907 merchandise expenses -4,907 event expenses 22,744”
“Conservation easements represent restrictions on the use, subdivision and/or development of certain parcels of land. Conservation easements received or purchased bear no future benefit to kwa and are therefore recognized as program expense in the year they are acquired.”
“Kwa is exempt from federal income tax under section 501(c)(3) of the internal revenue code. In addition, kwa qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). Management has concluded that any tax positions that would not meet the more-likely-than-not criterion of fasb asc 740-10 would be immaterial to the financial statements taken as a whole. Accordingly, the accompanying financial statements do not include any provision for uncertain tax positions, and no related interest or penalties have been recorded in the statements of activities or accrued in the statements of financial position.”
“EVENT EXPENSES -22,744”
“Merchandise expenses -4,907”
“Merchandise expenses 4,907”
“EVENT EXPENSES 22,744”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | KENTUCKY AQUATICS RESOURCE FUND - RESTORE THE KENTUCKY AQUATIC RESOURCE FUND (KARF) IS A COLLABORATIVE CONSERVATION INITIATIVE LAUNCHED IN 2009 BY THE KENTUCKY WATERWAYS ALLIANCE IN PARTNERSHIP WITH THE U.S. FISH & WILDLIFE SERVICE'S KENTUCKY FIELD OFFICE. MANAGED BY KWA AS THE FUND'S FINANCIAL STEWARD, KARF POOLS RESOURCES FROM MULTIPLE AGENCIES AND STAKEHOLDERS TO SUPPORT RESEARCH, SURVEYS, AND MONITORING OF WATERWAYS, AS WELL AS STREAM AND RIPARIAN HABITAT RESTORATION ACROSS THE STATE. KARF ALSO INCLUDES DAM AND BARRIER REMOVAL IN ITS PORTFOLIO. KARF FUNDS PROPAGATION AND REINTRODUCTION OF THREATENED SPECIES LIKE THE FAT POCKETBOOK MUSSEL, SUPPORTS VOLUNTARY LAND-PRESERVATION AGREEMENTS, AND PROVIDES MATCHING FUNDS FOR GRANT-DRIVEN CONSERVATION PROJECTS. THROUGH THESE EFFORTS, KARF ENSURES THAT IMPACTS TO AQUATIC ECOSYSTEMS ARE ADDRESSED WITH REAL RECOVERY-FOCUSED BENEFITS, DRIVING TANGIBLE IMPROVEMENTS IN KENTUCKY'S WATERWAYS. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | WATERSHED PROGRAM - RESTORE KWA'S WATERSHED PROGRAM ENCOMPASSES A BROAD RANGE OF INITIATIVES AIMED AT REDUCING NONPOINT SOURCE POLLUTION AND STRENGTHENING LOCAL WATERSHED STEWARDSHIP. THROUGH ITS SEPTIC ASSISTANCE PROGRAM, KWA OFFERS INSTALLATION AND REPAIR SERVICES TO LOW-INCOME FAMILIES, REPLACING FAILING SYSTEMS THAT THREATEN WATER QUALITY IN AREAS LIKE THE RED RIVER GORGE, ALL FUNDED IN PART THROUGH EPA 319 GRANTS. THE PROGRAM'S WATERSHED SEED GRANT (KWA 2025 -2027) PROVIDES UP TO 3,000 IN PROJECT-BASED FUNDING FOR SMALL NONPROFITS AND COMMUNITY GROUPS WORKING ON NPS ISSUES-FROM STREAM CLEANUPS TO RAIN GARDENS-ACROSS ALL SEVEN OF KENTUCKY'S MAJOR RIVER BASINS. FACILITATING PEER SUPPORT AND LEARNING, THE KENTUCKY WATERSHED NETWORK BRINGS TOGETHER WATERSHED LEADERS STATEWIDE, WHILE LOCALLY THE RED RIVER FESTIVAL COMBINES COMMUNITY EDUCATION, OUTDOOR RECREATION (LIKE CANOE RACES), STREAM CLEANUPS, AND LIVE MUSIC TO CELEBRATE AND PROTECT THE WATERSHED-A KEY RECIPIENT OF RECENT KENTUCKY RIVER AUTHORITY GRANTS SUPPORTING THIS BELOVED EVENT. IT IS DIFFICUL TO ESTIMATE THE NUMBER OF INDIVIDUAL SIMPACTED BY OUR WORK - FOR EVERY FAMILY THAT RECEIVED A SEPTIC INSTALL, THE ENTIRE COMMUNITY AND ALL DOWNRIVER COMMUNITIES BENEFIT FROM A REDUCTION IN WATER CONTAMINATION. WE FUNDED SEVEN SEED GRANT PROJECTS AROUND THE STATE, EACH FOR ORGANIATIOS THAT HAVE DEEP TIES WITH AND IMPACT ON THEIR COMMUNITIES. THREE HUNDRED PEOPLE ATTENDED THE RED RIVER FESTIVAL. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | COMMUNITY ENGAGEMENT - CELEBRATE IN 2024, KWA DEEPENED ITS COMMUNITY ENGAGEMENT ACROSS THE STATE THROUGH A COMBINATION OF ON-THE-GROUND ACTION, PUBLIC STORYTELLING, AND STRATEGIC COMMUNICATIONS. OUR COMMONWEALTH SWEEP CLEANUP SERIES MOBILIZED OVER 200 VOLUNTEERS IN ALL SEVEN OF KENTUCKY'S MAJOR RIVER BASINS-FROM EARTH DAY ON BEARGRASS CREEK TO COORDINATED LITTER PICKUPS IN COMMUNITIES LIKE COVINGTON AND MANCHESTER-REMINDING KENTUCKIANS THAT CLEAN WATER STARTS WITH LOCAL CARE. WE ALSO HOSTED FIVE PUBLIC SCREENINGS OF THE DOCUMENTARY THIS IS THE OHIO: LIFE, DEATH & REBIRTH OF THE BEAUTIFUL RIVER, DRAWING MORE THAN 1,000 ATTENDEES TO ENGAGE IN MEANINGFUL CONVERSATIONS ABOUT THE FUTURE OF THE OHIO RIVER AND OUR SHARED RESPONSIBILITY TO PROTECT IT. THIS ON-THE-GROUND WORK IS AMPLIFIED BY A ROBUST COMMUNICATIONS STRATEGY THAT'S ALSO A CORE PART OF OUR COMMUNITY ENGAGEMENT: OUR WELL-RECEIVED SOCIAL MEDIA PRESENCE, OUR EXCEPTIONALLY HIGH-PERFORMING E-NEWSLETTER (WITH A 60% OPEN RATE), AND OUR BIANNUAL PRINT MAGAZINE ALL HELP CONNECT, INFORM, AND MOBILIZE KENTUCKIANS AROUND WATER ISSUES. TAKEN TOGETHER, THESE EFFORTS ALLOW KWA TO REACH THOUSANDS UPON THOUSANDS OF PEOPLE EVERY YEAR-BUILDING NOT JUST AWARENESS, BUT A GROWING MOVEMENT FOR CLEAN, HEALTHY WATERWAYS ACROSS THE COMMONWEALTH. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 163120 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | WATER POLICY AND ADVOCACY - PROTECT IN 2024, KWA'S WATER POLICY WORK MADE SIGNIFICANT STRIDES, AND WE'VE CONTINUED TO PLAY A KEY ROLE IN SHAPING THE BIPARTISAN OHIO RIVER RESTORATION PROGRAM, WORKING CLOSELY WITH FELLOW NGOS AND CONGRESSIONAL CHAMPIONS-REP. MORGAN MCGARVEY (D-KY) AND REP. ERIN HOUCHIN (R-IN)-TO ADVANCE A FEDERAL RESTORATION OFFICE AND SECURE LONG-TERM INVESTMENT IN THE RIVER'S HEALTH. ON THE STATE LEVEL, KWA HELPED HALT AN ILLEGAL, OFF?PERMIT DISCHARGE OF 4.5?MILLION GALLONS OF INDUSTRIAL WASTEWATER INTO THE GREEN RIVER, AFTER THREATENING LEGAL ACTION AND RAISING CLEAN-WATER CONCERNS WITH REGULATORS. WE ALSO LED THE ADVOCACY AGAINST SENATE BILL?89-WHICH WOULD HAVE ROLLED BACK PROTECTIONS FOR GROUNDWATER, WETLANDS, AND HEADWATERS- COORDINATING COALITION EFFORTS TO DEFEND KENTUCKIANS' WATER RIGHTS. TOGETHER, THESE ACHIEVEMENTS DEMONSTRATE KWA'S GROWING INFLUENCE IN CRAFTING EFFECTIVE WATER POLICY AT BOTH FEDERAL AND STATE LEVELS. BOLSTERING ALL OF THIS, DONOR SUPPORT ALLOWED US TO HIRE OUR FIRST WATER POLICY DIRECTOR, NICK HART, IN OCTOBER 2024. |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 326514 |
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