Civic Intelligence

Texas Water Trade

990 • Fiscal year 2020 • EIN 83-2740232

Jul 01, 2019 to Jun 30, 2020 • Filed on May 06, 2021

Organization ProfileWWW.TEXASWATERTRADE.ORG

View Organization Page

611 S Congress Avenue No 125Austin, TX 78704

(512) 846-3075

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.08x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

47th percentile

0.04x

Higher debt load relative to revenue than 47% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

86th percentile

42%

Higher net margin than 86% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$106,292

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

98th percentile

507%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

287%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$551,273

Up $460,485 (+507%) from 2019

Net Assets

Up

$507,103

Up $416,315 (+459%) from 2019

Liabilities

Up

$44,170

Up $44,170 from 2019

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin86th percentile

Revenue

Up

$984,610

Up $730,290 (+287%) from 2019

Expenses

Up

$572,646

Up $409,114 (+250%) from 2019

Net Income

Up

$411,964

Up $321,176 (+354%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2019: $90,788Liabilities 2019: $0Net Assets 2019: $90,7882019Assets 2020: $551,273Liabilities 2020: $44,170Net Assets 2020: $507,1032020Assets 2021: $1,247,776Liabilities 2021: $29,471Net Assets 2021: $1,218,3052021Assets 2022: $1,363,986Liabilities 2022: $130,032Net Assets 2022: $1,233,9542022Assets 2023: $2,318,441Liabilities 2023: $32,720Net Assets 2023: $2,285,7212023Assets 2024: $3,437,815Liabilities 2024: $108,629Net Assets 2024: $3,329,1862024

Highlighted filing

2020

Assets$551,273
Liabilities$44,170
Net Assets$507,103
Open 2020 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0Revenue 2019: $254,320Expenses 2019: $163,532Net Income 2019: $90,7882019Revenue 2020: $984,610Expenses 2020: $572,646Net Income 2020: $411,9642020Revenue 2021: $1,521,815Expenses 2021: $810,613Net Income 2021: $711,2022021Revenue 2022: $1,403,530Expenses 2022: $1,387,615Net Income 2022: $15,9152022Revenue 2023: $2,536,584Expenses 2023: $1,331,778Net Income 2023: $1,204,8062023Revenue 2024: $2,506,854Expenses 2024: $1,455,113Net Income 2024: $1,051,7412024

Highlighted filing

2020

Revenue$984,610
Expenses$572,646
Net Income$411,964
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 6, 2021
Return Version
2019v5.2
Gross Receipts
$984,610
Mission and Program Overview

Mission

Creating markets for innovative water resiliency projects.

We harness markets and technology to achieve a future of clean, flowing water for all texans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,441$446,750▲ $426,309
Pledges and Grants Receivable$70,347$82,535▲ $12,188
Intangible Assets-$14,312-
Prepaid Expenses and Deferred Charges-$5,791-
Land, Buildings, and Equipment, Net$0$1,885▲ $1,885
Total Assets$90,788$551,273▲ $460,485
Liabilities
Accounts Payable and Accrued Expenses-$44,170-
Total Liabilities$0$44,170▲ $44,170
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$270,000-
Net Assets Without Donor Restrictions$90,788$237,103▲ $146,315
Total Net Assets Fund Balance$90,788$507,103▲ $416,315
Total Liabilities and Net Assets / Fund Balance$90,788$551,273▲ $460,485

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,885$427$2,312
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharlene LeurigCEOFT$100,113$6,179$106,292

Board Members and Trustees

NameTitle
Don PerkinsChairman
Carlos RubinsteinDirector
Dean RobbinsDirector
Jay KlebergDirector
Jeff LeuschelDirector
Lori TraweekDirector
Missy MandellDirector
Reagan KneeseDirector
Stacy WaltersDirector
Stephen Tatum JrDirector
Susana CansecoDirector
Sarah SchlessingerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$876,960
Program Service Revenue
$107,650
Investment Income
$0
Other Revenue
$0
All Other Contributions
$823,560
Change in Net Assets
$411,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$984,610
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$984,610
Total Revenue per Form 990
$984,610
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$367,791
Other Expenses$204,855
Total Fundraising Expense$136,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$54,393$84,351$30,954$169,698
Other Salaries and Wages-$79,446$79,659$159,105
Fees for Services Other$108,819$12,480$2,550$123,849
Payroll Taxes$5,034$13,217$5,387$23,638
Occupancy$5,868$7,145$10,114$23,127
Travel$8,282$4,565$3,485$16,332
Fees for Services Accounting$1,261$8,468-$9,729
Other Employee Benefits$3,083$3,026$3,046$9,155
Office Expenses$837$7,757-$8,594
Depreciation Depletion-$6,284-$6,284
Pension Plan Contributions-$5,852$343$6,195
Advertising$864$531$614$2,009
Other Expenses$428$1,851-$1,851
Insurance$205$1,047-$1,252
All Other Expenses$865$97-$962
Fees for Services Legal$129$371-$500
Total Functional Expenses$190,068$246,426$136,152$572,646

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$572,646
Total Expenses per Audited Statements$572,646
Total Expenses per Form 990$572,646
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed by staff and the board president; it is then provided to the full board of directors prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Directors with a potential conflict of interest must recuse themselves from voting on decisions that could benefit them personally.”

Form 990, Part VI, Section B, Line 15A

“The board of directors reviews comparability data and approves all compensation changes for the ceo.”

Form 990, Part VI, Section C, Line 19

“All required documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Texas Water Trade
EIN
83-2740232
Phone
5128463075
Address
611 S CONGRESS AVENUE NO 125, AUSTIN, TX 78704

Signing Officer

Name
Sharlene Leurig
Title
CEO
Phone
5128463075
Signed
2021-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharlene Leurig
Formed
2018
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
0

Preparer

Firm
Avenson Hamann Cpas Llp
Address
1779 WELLS BRANCH PKWY 110B-292, AUSTIN, TX 78728
Preparer
Catherine Avenson
Phone
5126939131
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Technical assistance: program service expenses 108,819. Management and general expenses 0. Fundraising expenses 2,550. Total expenses 111,369. Pr consultant: program service expenses 0. Management and general expenses 12,480. Fundraising expenses 0. Total expenses 12,480.”

Financial Statement Notes

PART X, LINE 2:

“The most significant tax positions of twt are its assertion that it is exempt from income taxes and its determination of whether any amounts are subject to unrelated business income tax (ubit). Management has determined that twt had no activity subject to ubit during the fiscal year ended june 30, 2020. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities.”

Raw XML AppendixShowing 400 of 440 raw XML fields

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/ActivityOrMissionDesc0WE HARNESS MARKETS AND TECHNOLOGY TO ACHIEVE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS.
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IRS990/Desc0TEXAS WATER TRADE ("TWT") PROVIDES TECHNICAL SERVICES (APPRAISALS, TRAINING, ECOLOGICAL ANALYSIS, ENGINEERING, HYDROLOGICAL MODELING, LEGAL, ENVIRONMENTAL MONITORING) TO NON-PROFIT LAND AND WATER CONSERVATION ORGANIZATIONS AND GOVERNMENTAL AGENCIES TO SUPPORT THE ACQUISITION AND STEWARDSHIP OF WATER RIGHTS TO BENEFIT THE NATURAL ENVIRONMENT AND TO CREATE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS. TWT'S WORK CENTERS ON TWO MECHANISMS FOR ADVANCING A VISION OF SUSTAINED WATER ABUNDANCE: EDUCATE AND PROVIDE TECHNICAL SUPPORT TO GOVERNMENTAL AND NON-PROFIT URBAN LEADERS TO FACILITATE INVESTMENT IN NET ZERO WATER BUILDINGS AND SUBDIVISIONS CAPABLE OF CAPTURING, TREATING AND RETURNING TO THE ORIGINAL WATER SOURCE AS MUCH WATER AS THEY DEMAND SO THAT NEW GROWTH INCREASES TEXAS' RELIABLE WATER SUPPLY. PROVIDE TECHNICAL SUPPORT AND FUNDING TO FACILITATE A DIVERSE SUITE OF VOLUNTARY WATER MARKET TRANSACTIONS-FROM DRY YEAR OPTIONS TO INFRASTRUCTURE PARTICIPATION-TO SECURE HEALTHY FLOWS IN TEXAS RIVERS WHILE CREATING SUPPLY RESILIENCE FOR OTHER WATER USERS.TO ADVANCE THESE GOALS, TWT ENGAGES IN SOME OR ALL OF THE FOLLOWING ACTIVITIES: SUPPORT ORGANIZATIONS CAPABLE OF PURSUING WATER TRANSACTIONS FOR HEALTHY ENVIRONMENTAL FLOWS -TWT TRANSFERS TECHNICAL KNOWLEDGE RELATED TO THE LEGAL FRAMEWORKS OF SURFACE WATER RIGHTS AND GROUNDWATER RIGHTS, HYDROLOGICAL MONITORING, AND ECOLOGICAL MODELING TO EVALUATE THE BENEFIT OF VARIOUS CONTRACT STRUCTURES TO SECURE WATER AND OPPORTUNITIES FOR WATER RIGHTS HOLDERS WHO VOLUNTARILY PARTICIPATE IN ENVIRONMENTAL FLOWS TRANSACTIONS. LAUNCH THE TEXAS WATER MARKET MAKERS PROGRAM -TWT RAISES FUNDS TO CREATE A COMPETITIVE PROGRAM FOR WATER CONSERVATION ORGANIZATIONS WHO RECEIVE SUSTAINED TECHNICAL SUPPORT, POSSIBLE GRANT FUNDING, AND POSSIBLE ACCESS TO WATER TRANSACTION FUNDS. DIVERSIFY FUNDING RESOURCES FOR FLOWS RESTORATION AND PROTECTION PROJECTS - TWT IS THE GO-TO ORGANIZATION FOR PHILANTHROPIC, STATE, AND FEDERAL RESOURCES PURSUING ENVIRONMENTAL FLOWS RESTORATION PROJECTS IN TEXAS, AND WORKS WITH PARTNERS ACROSS THOSE SECTORS TO STEER EXISTING FUNDS WHERE ELIGIBLE AND TO DESIGN NEW FUNDING VEHICLES AS NEEDED. QUARTERBACK MARKET DEVELOPMENT - TWT DEVELOPS AND EXECUTES LONG-RANGE STRATEGIES WHERE HEALTHY WATER FLOWS DEPEND UPON MORE COMPLEX ARRANGEMENTS THAN LAND TRUSTS AND CONSERVANCIES CAN PURSUE (FOR EXAMPLE, MUNICIPAL PROJECT PARTICIPATION, WATER SWAPS OR BANKING). PROVIDE TRUSTED PROJECT EVALUATION - TWT DEVELOPS THE EXPERTISE AND BRAND RECOGNITION TO BECOME THE ONE-STOP SHOP FOR EVALUATING THE FEASIBILITY AND BENEFIT OF ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION PROJECTS IN TEXAS, THEREBY LOWERING TRANSACTION COSTS FOR PROJECT SPONSORS AND FUNDERS. SET ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION TARGETS - TWT HAS SET TARGETS FOR THE AMOUNT OF WATER WE WORK TO PROTECT OR RESTORE BY 2030 WITH THE ASSISTANCE OF OUR ADVISORY COUNCIL AND USING THE BEST AVAILABLE SCIENCE AND MARKET ANALYSIS. ADVANCE AWARENESS OF THE WATER SUPPLY POTENTIAL OF ONSITE WATER RESOURCES - TWT PRODUCES ENVIRONMENTAL WATER INFORMATIONAL AND ANALYTICAL TOOLS THAT CAPTURE THE IMAGINATION OF POLICYMAKERS, DEVELOPERS AND COMMUNITY LEADERS OF THE ENORMOUS POTENTIAL FOR ONSITE WATER TO BE PART OF THE SUPPLY SOLUTION SET FOR A GROWING TEXAS. ACCELERATE COMMITMENTS TO NET ZERO WATER - TWT SUPPORTS HIGH-VISIBILITY DEVELOPMENT PROJECTS THAT TAP INTO ONSITE WATER RESOURCES, THEREBY DELIVERING PROOFS OF CONCEPT, WORKING IN PARTNERSHIP WITH GOVERNMENTAL ENTITIES AND COMMUNITIES AND THE DEVELOPERS AND TEXAS-BASED COMPANIES THEY REGULATE. SUPPORT FINANCIAL INNOVATIONS TO ENABLE NET ZERO DEVELOPMENT - TWT WORKS WITH ENTITIES ADMINISTERING FUNDING RESOURCES SUCH AS PROPERTY ASSESSED CLEAN ENERGY (PACE) LOANS, MUNICIPAL UTILITY DISTRICTS (MUDS), PLANNED UNIT DEVELOPMENTS (PUDS), TAX INCREMENT FINANCING (TIF) DISTRICTS AND MUNICIPAL BONDS TO SCALE CAPITAL AVAILABLE FOR NEW DEVELOPMENT TO TAP INTO ONSITE WATER RESOURCES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt053400
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0984610
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01047
IRS990/InsuranceGrp/ProgramServicesAmt0205
IRS990/InsuranceGrp/TotalAmt01252
IRS990/IntangibleAssetsGrp/EOYAmt014312
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0427
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01885
IRS990/LandBldgEquipCostOrOtherBssAmt02312
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CREATING MARKETS FOR INNOVATIVE WATER RESILIENCY PROJECTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt090788
IRS990/NetAssetsOrFundBalancesEOYAmt0507103
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt090788
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0237103
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt010114
IRS990/OccupancyGrp/ManagementAndGeneralAmt07145
IRS990/OccupancyGrp/ProgramServicesAmt05868
IRS990/OccupancyGrp/TotalAmt023127
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07757
IRS990/OfficeExpensesGrp/ProgramServicesAmt0837
IRS990/OfficeExpensesGrp/TotalAmt08594
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03046
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03026
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03083
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09155
IRS990/OtherExpensesGrp/Desc0RECRUITING
IRS990/OtherExpensesGrp/Desc1SPONSOR FEES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04388
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21550
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31851
IRS990/OtherExpensesGrp/ProgramServicesAmt0428
IRS990/OtherExpensesGrp/TotalAmt04388
IRS990/OtherExpensesGrp/TotalAmt14000
IRS990/OtherExpensesGrp/TotalAmt21978
IRS990/OtherExpensesGrp/TotalAmt31851
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt079659
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt079446
IRS990/OtherSalariesAndWagesGrp/TotalAmt0159105
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt05387
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013217
IRS990/PayrollTaxesGrp/ProgramServicesAmt05034
IRS990/PayrollTaxesGrp/TotalAmt023638
IRS990/PensionPlanContributionsGrp/FundraisingAmt0343
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05852
IRS990/PensionPlanContributionsGrp/TotalAmt06195
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt070347
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt082535
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05791
IRS990/PrincipalOfficerNm0SHARLENE LEURIG
IRS990/PriorPeriodAdjustmentsAmt04351
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0107650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0107650
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0229820
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt075891
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024500
IRS990/PYRevenuesLessExpensesAmt090788
IRS990/PYSalariesCompEmpBnftPaidAmt087641
IRS990/PYTotalExpensesAmt0163532
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0254320
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0411964
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0107650
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0876960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0229820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01106780
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0132150
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0489960
IRS990ScheduleA/SubstantialContributorsTotAmt0616820
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0876960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0229820
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01106780
IRS990ScheduleA/TotalSupportAmt01106780
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0572646
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01885
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0427
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02312
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0984610
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE MOST SIGNIFICANT TAX POSITIONS OF TWT ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT TWT HAD NO ACTIVITY SUBJECT TO UBIT DURING THE FISCAL YEAR ENDED JUNE 30, 2020. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01885
IRS990ScheduleD/TotalExpensesPerForm990Amt0572646
IRS990ScheduleD/TotalRevenuePerForm990Amt0984610
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0984610
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0572646
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY STAFF AND THE BOARD PRESIDENT; IT IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS WITH A POTENTIAL CONFLICT OF INTEREST MUST RECUSE THEMSELVES FROM VOTING ON DECISIONS THAT COULD BENEFIT THEM PERSONALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA AND APPROVES ALL COMPENSATION CHANGES FOR THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL REQUIRED DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 108,819. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 2,550. TOTAL EXPENSES 111,369. PR CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,480. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,480.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt090788
IRS990/TotalAssetsEOYAmt0551273
IRS990/TotalAssetsGrp/BOYAmt090788
IRS990/TotalAssetsGrp/EOYAmt0551273
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0876960
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0136152
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0246426
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0190068
IRS990/TotalFunctionalExpensesGrp/TotalAmt0572646
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt044170
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt044170
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt090788
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0507103
IRS990/TotalOtherCompensationAmt06179
IRS990/TotalProgramServiceExpensesAmt0190068
IRS990/TotalProgramServiceRevenueAmt0107650
IRS990/TotalReportableCompFromOrgAmt0100113
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0107650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0984610
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090788
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0551273
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt03485
IRS990/TravelGrp/ManagementAndGeneralAmt04565
IRS990/TravelGrp/ProgramServicesAmt08282

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$551,273
Liabilities
$44,170
Net assets
$507,103
Revenue
$984,610
Expenses
$572,646
Net income
$411,964
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.44$0.11$3.33$2.51$1.46$1.05
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.03$2.29$2.54$1.33$1.20
2022Detailed filing. Detailed filing data is available for this year.$1.36$0.13$1.23$1.40$1.39$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.22$1.52$0.81$0.71
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.04$0.51$0.98$0.57$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.25$0.16$0.09
Peer Organizations

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