Civic Intelligence

Headwaters Basin Project

EIN 83-4593371 • 501(c)3 • Nevada City, CA

Profile

The project's mission is to reduce the risk of high-intensity, catastrophic wildfires and to maintain the old-growth forests, water supply, biological integrity, cultural resources, and ecological sustainability of public and private lands in the north fork american headwaters basin.

PO Box 1352Nevada City, CA 95959
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.08x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.07x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

3rd percentile

-118%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-23%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

19th percentile

-16%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$675,610

Down $802,900 (-54%) from 2023

Liabilities

Up

$51,298

Up $51,298 from 2023

Net Assets

Down

$624,312

Down $854,198 (-58%) from 2023

Revenue

Down

$726,785

Down $60,471 (-7.7%) from 2023

Expenses

Up

$1,580,983

Up $1,139,677 (+258%) from 2023

Net Income

Down

-$854,198

Down $1,200,148 (-347%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2019: $502,962Liabilities 2019: $0Net Assets 2019: $502,9622019Assets 2020: $306,291Liabilities 2020: $0Net Assets 2020: $306,2912020Assets 2021: $727,249Liabilities 2021: $0Net Assets 2021: $727,2492021Assets 2022: $1,132,560Liabilities 2022: $0Net Assets 2022: $1,132,5602022Assets 2023: $1,478,510Liabilities 2023: $0Net Assets 2023: $1,478,5102023Assets 2024: $675,610Liabilities 2024: $51,298Net Assets 2024: $624,3122024

Highlighted filing

2024

Assets$675,610
Liabilities$51,298
Net Assets$624,312

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2019: $509,046Expenses 2019: $6,084Net Income 2019: $502,9622019Revenue 2020: $42,657Expenses 2020: $239,328Net Income 2020: -$196,6712020Revenue 2021: $572,029Expenses 2021: $151,071Net Income 2021: $420,9582021Revenue 2022: $1,025,593Expenses 2022: $620,282Net Income 2022: $405,3112022Revenue 2023: $787,256Expenses 2023: $441,306Net Income 2023: $345,9502023Revenue 2024: $726,785Expenses 2024: $1,580,983Net Income 2024: -$854,1982024

Highlighted filing

2024

Revenue$726,785
Expenses$1,580,983
Net Income-$854,198

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$726,785
Mission and Program Overview

Mission

The project's mission is to reduce the risk of high-intensity, catastrophic wildfires and to maintain the old-growth forests, water supply, biological integrity, cultural resources, and ecological sustainability of public and private lands in the north fork american headwaters basin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,478,510$675,610▼ $802,900
Total Assets$1,478,510$675,610▼ $802,900
Liabilities
Accounts Payable and Accrued Expenses-$51,298-
Total Liabilities$0$51,298▲ $51,298
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,478,510$624,312▼ $854,198
Total Net Assets Fund Balance$1,478,510$624,312▼ $854,198
Total Liabilities and Net Assets / Fund Balance$1,478,510$675,610▼ $802,900
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken NoackPresident &
Chris PaulusDirector
Jeff VolbergDirector
Luana DowlingDirector
Edward BeedyExecutive Di
Walter E SternSecretary
Michelle MarguliesTreasurer
Steve TobenVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Jensen's Tree CareForest HealthPO BOX 246, Penn Valley, CA 95946$518,124
Black Dog EnterprisesForest Health17310 LEISURE LN, Nevada City, CA 95977$356,720
Frank Dial LoggingForest Health15991 INDIAN FLAT RD, Nevada City, CA 95959$340,500
Red Mountain ResourcesForest Health2099 S 50 E, Oakley, ID 83346$185,500
Revenue and Support

Revenue Composition

Contributions and Grants
$586,750
Program Service Revenue
$0
Investment Income
$51,376
Other Revenue
$88,659
All Other Contributions
$586,750
Change in Net Assets
$-854,198
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,580,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$6,611-$6,611
Insurance-$1,417-$1,417
Other Expenses$615--$615
Fees for Service Investment Mgmnt Fees-$558-$558
All Other Expenses-$475-$475
Total Functional Expenses$1,571,922$9,061$0$1,580,983
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Headwaters Basin Project
EIN
83-4593371
Phone
5304785911
Address
PO BOX 1352, NEVADA CITY, CA 95959

Signing Officer

Name
Ken Noack
Title
President & Chair
Phone
2028625079
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Noack
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Wilson Myers and Dold Cpas
Address
564 AUBURN RAVINE RD, AUBURN, CA 95603
Preparer
Michael G Wilson CPA
Phone
5308856252
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The project's mission is to reduce the risk of high-intensity, catastrophic wildfires and to maintain the old-growth forests, water supply, biological integrity, cultural resources, and ecological sustainability of public and private lands in the north fork american headwaters basin.

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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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROJECT'S MISSION IS TO REDUCE THE RISK OF HIGH-INTENSITY, CATASTROPHIC WILDFIRES AND TO MAINTAIN THE OLD-GROWTH FORESTS, WATER SUPPLY, BIOLOGICAL INTEGRITY, CULTURAL RESOURCES, AND ECOLOGICAL SUSTAINABILITY OF PUBLIC AND PRIVATE LANDS IN THE NORTH FORK AMERICAN HEADWATERS BASIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt0980 9TH STREET SUITE 2500
IRS990/USAddress/CityNm0SACRAMENTO
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IRS990/USAddress/ZIPCd095874
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN NOACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02028625079
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEADWATERS BASIN PROJECT
ReturnHeader/Filer/BusinessNameControlTxt0HEAD
ReturnHeader/Filer/EIN0834593371
ReturnHeader/Filer/PhoneNum05304785911
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1352
ReturnHeader/Filer/USAddress/CityNm0NEVADA CITY
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0942452388
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILSON MYERS AND DOLD CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0564 AUBURN RAVINE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095603
ReturnHeader/PreparerPersonGrp/PhoneNum05308856252
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL G WILSON CPA
ReturnHeader/ReturnTs02025-11-06T17:13:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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