Civic Intelligence

Washington Water Trust

990 • Fiscal year 2018 • EIN 91-1937417

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

1530 Westlake Ave N Suite 400Seattle, WA 98109

(206) 675-1585

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$97,371

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-1.5%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,035,437

Down $370,390 (-26%) from 2017

Net Assets

Up

$810,835

Up $172,622 (+27%) from 2017

Liabilities

Down

$224,602

Down $543,012 (-71%) from 2017

Revenue

Down

$1,580,096

Down $24,455 (-1.5%) from 2017

Expenses

Down

$1,407,474

Down $186,395 (-12%) from 2017

Net Income

Up

$172,622

Up $161,940 (+1516%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $540,236Liabilities 2010: $42,388Net Assets 2010: $497,8482010Assets 2011: $390,841Liabilities 2011: $50,919Net Assets 2011: $339,9222011Assets 2012: $487,727Liabilities 2012: $106,023Net Assets 2012: $381,7042012Assets 2013: $355,170Liabilities 2013: $80,125Net Assets 2013: $275,0452013Assets 2014: $586,887Liabilities 2014: $192,963Net Assets 2014: $393,9242014Assets 2015: $710,955Liabilities 2015: $193,447Net Assets 2015: $517,5082015Assets 2016: $931,660Liabilities 2016: $304,129Net Assets 2016: $627,5312016Assets 2017: $1,405,827Liabilities 2017: $767,614Net Assets 2017: $638,2132017Assets 2018: $1,035,437Liabilities 2018: $224,602Net Assets 2018: $810,8352018Assets 2019: $968,875Liabilities 2019: $373,271Net Assets 2019: $595,6042019Assets 2020: $1,219,318Liabilities 2020: $614,404Net Assets 2020: $604,9142020Assets 2021: $1,408,790Liabilities 2021: $875,689Net Assets 2021: $533,1012021Assets 2022: $2,333,293Liabilities 2022: $700,160Net Assets 2022: $1,633,1332022Assets 2023: $2,923,469Liabilities 2023: $251,199Net Assets 2023: $2,672,2702023Assets 2024: $2,225,116Liabilities 2024: $306,359Net Assets 2024: $1,918,7572024

Highlighted filing

2018

Assets$1,035,437
Liabilities$224,602
Net Assets$810,835

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,496,3942010Expenses 2011: $1,590,0262011Expenses 2012: $1,428,5872012Revenue 2013: $1,406,487Expenses 2013: $1,513,146Net Income 2013: -$106,6592013Revenue 2014: $1,086,020Expenses 2014: $967,462Net Income 2014: $118,5582014Revenue 2015: $1,614,489Expenses 2015: $1,490,905Net Income 2015: $123,5842015Revenue 2016: $1,496,740Expenses 2016: $1,386,717Net Income 2016: $110,0232016Revenue 2017: $1,604,551Expenses 2017: $1,593,869Net Income 2017: $10,6822017Revenue 2018: $1,580,096Expenses 2018: $1,407,474Net Income 2018: $172,6222018Revenue 2019: $1,584,289Expenses 2019: $1,799,520Net Income 2019: -$215,2312019Revenue 2020: $1,523,354Expenses 2020: $1,602,044Net Income 2020: -$78,6902020Revenue 2021: $1,645,764Expenses 2021: $1,717,577Net Income 2021: -$71,8132021Revenue 2022: $2,863,807Expenses 2022: $1,763,777Net Income 2022: $1,100,0302022Revenue 2023: $3,817,236Expenses 2023: $3,276,690Net Income 2023: $540,5462023Revenue 2024: $2,592,663Expenses 2024: $3,585,177Net Income 2024: -$992,5142024

Highlighted filing

2018

Revenue$1,580,096
Expenses$1,407,474
Net Income$172,622
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,580,096
Mission and Program Overview

Mission

Washington water trust is a nonregulatory, nonprofit, dedicated to improving and protecting stream flows and water quality throughout washington state. We use voluntary, market-based transactions and cooperative partnerships to create balanced solutions so fish, agriculture, business and wildlife - upon which we all depend - can thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,036,332$703,812▼ $332,520
Accounts Receivable$161,731$198,971▲ $37,240
Cash and Non-Interest-Bearing Accounts$193,521$122,330▼ $71,191
Land, Buildings, and Equipment, Net$10,638$6,719▼ $3,919
Prepaid Expenses and Deferred Charges$3,605$3,605→ $0
Total Assets$1,405,827$1,035,437▼ $370,390
Liabilities
Deferred Revenue$190,006$118,815▼ $71,191
Accounts Payable and Accrued Expenses$541,480$70,684▼ $470,796
Other Liabilities$36,128$35,103▼ $1,025
Total Liabilities$767,614$224,602▼ $543,012
Net Assets / Fund Balance
Unrestricted Net Assets$409,502$582,124▲ $172,622
Temporarily Rstr Net Assets$228,711$228,711→ $0
Total Net Assets Fund Balance$638,213$810,835▲ $172,622
Total Liabilities and Net Assets / Fund Balance$1,405,827$1,035,437▼ $370,390

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,719$45,192$51,911
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan AdamsExecutive DiFT$97,371$97,371

Board Members and Trustees

NameTitle
Rick KirkbyPresident
Lorraine BodiAdvising Director
Pat OshieAdvising Director
Suzanne SkinnerAdvising Director
Will StelleAdvising Director
Cleve StewardDirector
Jessica LevinDirector
Tom RingDirector
Jim AndersonSecretary
Mitchell BatemanTreasurer
Dale BambrickVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$310,895
Program Service Revenue
$1,267,823
Investment Income
$1,333
Other Revenue
$45
All Other Contributions
$288,644
Change in Net Assets
$172,622
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$834,340
Salaries, Compensation, and Employee Benefits$573,134
Total Fundraising Expense$68,566
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$252,332$81,673$29,498$363,503
Fees for Services Other$110,991$17,887$2,479$131,357
Current Officers, Directors, Trustees, and Key Employees$80,283$11,110$5,979$97,372
Other Employee Benefits$45,068$14,587$5,269$64,924
Information Technology$5,701$54,463$88$60,252
Travel$34,655$8,612$781$44,048
Occupancy-$42,132-$42,132
Payroll Taxes$26,300$8,790$2,997$38,087
Fees for Services Legal$26,631--$26,631
Office Expenses$4,796$14,193$6,766$25,755
Fees for Services Accounting-$14,918-$14,918
Pension Plan Contributions$6,386$2,134$728$9,248
Insurance-$7,144-$7,144
Depreciation Depletion-$3,919-$3,919
Advertising-$2,580$1,015$3,595
Other Expenses$100$150$12,966$250
Total Functional Expenses$999,590$339,318$68,566$1,407,474
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$45
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival&auctio$22,296$45-$45
Total Events$22,296$45-$45
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$30,225
Accrued Payroll Taxes$4,878
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Page 6, Part VI, Line 11B

The treasurer, board president and executive director review and approve form 990. Copies are available to board members.

Form 990, Page 6, Part VI, Line 12C

Wwt's conflict of interest policy requires a signed conflict of interest statement annually from board members.

Form 990, Page 6, Part VI, Line 15A

A board committee review executive officer's performance/compensation with input from the entire board.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Washington Water Trust
EIN
91-1937417
Phone
2066751585
Address
1530 WESTLAKE AVE N SUITE 400, SEATTLE, WA 98109

Signing Officer

Name
Mitchell Bateman
Title
Treasurer
Phone
2066751585
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Adams
Formed
1998
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
8
Employees
8
Volunteers
45

Preparer

Firm
Cpa-consulting Inc Ps
Address
PO BOX 53086, BELLEVUE, WA 98015
Preparer
Jeffrey K Mock
Phone
4254015061
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Washington water trust is a nonregulatory, nonprofit, dedicated to improving and protecting stream flows and water quality throughout washington state. We use voluntary, market-based transactions and cooperative partnerships to create balanced solutions so fish, agriculture, business and wildlife - upon which we all depend - can thrive.

Form 990, Page 1, Part I, Line 6

9 voting board members;25 program volunteers;1 intern.

Form 990, Page 2, Part III, Line 4A

Water rights program: we lease and buy water from water rights holder, temporarily or permanently to leave instream, to improve and protect flows, especially during periods that are critical to the survival of imperiled salmon and steelhead.washington water trust also works to develop innovative solutions with water rights holders who are looking for a more cost-effective ways to use their water.drawing from an extensive network of partnerships with agricultural producers, conservation districts, irrigation districts, land trust, landowners, legal experts, state agencies, tribes and other stakeholders, washington water trust is able to bring to the table balanced, mutually beneficial ideas that are proven to work. Water rights acquisition and transfer in washington, water rights represent legal authority by state, federal and tribal governments for water right holders to withdraw surface or groundwater for multiple uses. Water rights identify the source of water withdrawal, how it may be used, when it can be diverted, how much can be diverted, and its seniority relative to other rights in the same watershed. If water is ever in short supply, an individual holding a "senior" water right may be the only one able to draw water from this source. The right to use water may be transferred from one user to another, and rights can be bought and sold. Acquisition is an important tool for streamflow restoration because water rights may also be purchased and transferred to the state trust water program where they can be protected against withdrawal for flow restoration. The water trust engages in the purchase, leasing and sale of water rights in priority basins as a strategy to benefit flow and habitat. For more detail on water rights and the process of acquisition and transfer, see organization website. Water banking water banking represents a management tool to provide flexibility to water users. Some regions of washington have populations and associated water uses that have grown to capacity; here the state may determine that no more water rights can be assigned because rivers and aquifers are becoming dangerously low. These determinations, called instream flow rules, reserve any extra water in a system to ensure balance to the total supply. When newcomers to these areas wish to start using water, e.g., to provide for a newly built home, they will need to mitigate for this use by finding an existing water right (or use) that can be retired. Water banks of exchanges to help these areas of scarcity with restoration and sustainable growth. A water bank purchases water from willing sellers, gets the water rights vetted and approved by the state and transfers the right to the state trust water program. The water bank may then sell a mitigation certificate for water use to individuals or companies seeking to mitigate their water use. Often, a water bank will purchase a large water right upstream, then shave off small portions of that right for sale to new water users while reserving the balance for flow restoration. Washington water trust manages water banking programs in select watersheds. For more detail and an example of water banking, see washington water trusts website. Consultation: water management alternatives, conservation and water rights assessment water rights in the western united states are multi-dimensional, and critical to ecology and the economy. The water trust works with water right holders, e.g., property owners, irrigation districts or municipalities, to provide a thorough understanding of their rights. Developing water management alternatives means working with diverse and often competing interests to find solutions that can work for all. Solutions may include finding efficiencies in how people use water. Changing where water is sourced, or altering how and when water is used, for example, can have huge impacts on stream health. Special drought-year conservation initiatives when the seasonal weather in washington is pa

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IRS990/ActivityOrMissionDesc0WASHINGTON WATER TRUST IS A NONREGULATORY, NONPROFIT, DEDICATED TO IMPROVING AND PROTECTING STREAM FLOWS AND WATER QUALITY THROUGHOUT WASHINGTON STATE. WE USE VOLUNTARY, MARKET-BASED TRANSACTIONS AND COOPERATIVE PARTNERSHIPS TO CREATE BALANCED SOLUTIONS SO FISH, AGRICULTURE, BUSINESS AND WILDLIFE - UPON WHICH WE ALL DEPEND - CAN THRIVE.
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IRS990/Desc0WATER RIGHTS PROGRAM: WE LEASE AND BUY WATER FROM WATER RIGHTS HOLDER, TEMPORARILY OR PERMANENTLY TO LEAVE INSTREAM, TO IMPROVE AND PROTECT FLOWS, ESPECIALLY DURING PERIODS THAT ARE CRITICAL TO THE SURVIVAL OF IMPERILED SALMON AND STEELHEAD.WASHINGTON WATER TRUST ALSO WORKS TO DEVELOP INNOVATIVE SOLUTIONS WITH WATER RIGHTS HOLDERS WHO ARE LOOKING FOR A MORE COST-EFFECTIVE WAYS TO USE THEIR WATER.DRAWING FROM AN EXTENSIVE NETWORK OF PARTNERSHIPS WITH AGRICULTURAL PRODUCERS, CONSERVATION DISTRICTS, IRRIGATION DISTRICTS, LAND TRUST, LANDOWNERS, LEGAL EXPERTS, STATE AGENCIES, TRIBES AND OTHER STAKEHOLDERS, WASHINGTON WATER TRUST IS ABLE TO BRING TO THE TABLE BALANCED, MUTUALLY BENEFICIAL IDEAS THAT ARE PROVEN TO WORK. WATER RIGHTS ACQUISITION AND TRANSFER IN WASHINGTON, WATER RIGHTS REPRESENT LEGAL AUTHORITY BY STATE, FEDERAL AND TRIBAL GOVERNMENTS FOR WATER RIGHT HOLDERS TO WITHDRAW SURFACE OR GROUNDWATER FOR MULTIPLE USES. WATER RIGHTS IDENTIFY THE SOURCE OF WATER WITHDRAWAL, HOW IT MAY BE USED, WHEN IT CAN BE DIVERTED, HOW MUCH CAN BE DIVERTED, AND ITS SENIORITY RELATIVE TO OTHER RIGHTS IN THE SAME WATERSHED. IF WATER IS EVER IN SHORT SUPPLY, AN INDIVIDUAL HOLDING A "SENIOR" WATER RIGHT MAY BE THE ONLY ONE ABLE TO DRAW WATER FROM THIS SOURCE. THE RIGHT TO USE WATER MAY BE TRANSFERRED FROM ONE USER TO ANOTHER, AND RIGHTS CAN BE BOUGHT AND SOLD. ACQUISITION IS AN IMPORTANT TOOL FOR STREAMFLOW RESTORATION BECAUSE WATER RIGHTS MAY ALSO BE PURCHASED AND TRANSFERRED TO THE STATE TRUST WATER PROGRAM WHERE THEY CAN BE PROTECTED AGAINST WITHDRAWAL FOR FLOW RESTORATION. THE WATER TRUST ENGAGES IN THE PURCHASE, LEASING AND SALE OF WATER RIGHTS IN PRIORITY BASINS AS A STRATEGY TO BENEFIT FLOW AND HABITAT. FOR MORE DETAIL ON WATER RIGHTS AND THE PROCESS OF ACQUISITION AND TRANSFER, SEE ORGANIZATION WEBSITE. WATER BANKING WATER BANKING REPRESENTS A MANAGEMENT TOOL TO PROVIDE FLEXIBILITY TO WATER USERS. SOME REGIONS OF WASHINGTON HAVE POPULATIONS AND ASSOCIATED WATER USES THAT HAVE GROWN TO CAPACITY; HERE THE STATE MAY DETERMINE THAT NO MORE WATER RIGHTS CAN BE ASSIGNED BECAUSE RIVERS AND AQUIFERS ARE BECOMING DANGEROUSLY LOW. THESE DETERMINATIONS, CALLED INSTREAM FLOW RULES, RESERVE ANY EXTRA WATER IN A SYSTEM TO ENSURE BALANCE TO THE TOTAL SUPPLY. WHEN NEWCOMERS TO THESE AREAS WISH TO START USING WATER, E.G., TO PROVIDE FOR A NEWLY BUILT HOME, THEY WILL NEED TO MITIGATE FOR THIS USE BY FINDING AN EXISTING WATER RIGHT (OR USE) THAT CAN BE RETIRED. WATER BANKS OF EXCHANGES TO HELP THESE AREAS OF SCARCITY WITH RESTORATION AND SUSTAINABLE GROWTH. A WATER BANK PURCHASES WATER FROM WILLING SELLERS, GETS THE WATER RIGHTS VETTED AND APPROVED BY THE STATE AND TRANSFERS THE RIGHT TO THE STATE TRUST WATER PROGRAM. THE WATER BANK MAY THEN SELL A MITIGATION CERTIFICATE FOR WATER USE TO INDIVIDUALS OR COMPANIES SEEKING TO MITIGATE THEIR WATER USE. OFTEN, A WATER BANK WILL PURCHASE A LARGE WATER RIGHT UPSTREAM, THEN SHAVE OFF SMALL PORTIONS OF THAT RIGHT FOR SALE TO NEW WATER USERS WHILE RESERVING THE BALANCE FOR FLOW RESTORATION. WASHINGTON WATER TRUST MANAGES WATER BANKING PROGRAMS IN SELECT WATERSHEDS. FOR MORE DETAIL AND AN EXAMPLE OF WATER BANKING, SEE WASHINGTON WATER TRUSTS WEBSITE. CONSULTATION: WATER MANAGEMENT ALTERNATIVES, CONSERVATION AND WATER RIGHTS ASSESSMENT WATER RIGHTS IN THE WESTERN UNITED STATES ARE MULTI-DIMENSIONAL, AND CRITICAL TO ECOLOGY AND THE ECONOMY. THE WATER TRUST WORKS WITH WATER RIGHT HOLDERS, E.G., PROPERTY OWNERS, IRRIGATION DISTRICTS OR MUNICIPALITIES, TO PROVIDE A THOROUGH UNDERSTANDING OF THEIR RIGHTS. DEVELOPING WATER MANAGEMENT ALTERNATIVES MEANS WORKING WITH DIVERSE AND OFTEN COMPETING INTERESTS TO FIND SOLUTIONS THAT CAN WORK FOR ALL. SOLUTIONS MAY INCLUDE FINDING EFFICIENCIES IN HOW PEOPLE USE WATER. CHANGING WHERE WATER IS SOURCED, OR ALTERING HOW AND WHEN WATER IS USED, FOR EXAMPLE, CAN HAVE HUGE IMPACTS ON STREAM HEALTH. SPECIAL DROUGHT-YEAR CONSERVATION INITIATIVES WHEN THE SEASONAL WEATHER IN WASHINGTON IS PA
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7ADVISING DIR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WASHINGTON WATER TRUST IS A NONREGULATORY, NONPROFIT, DEDICATED TO IMPROVING AND PROTECTING STREAM FLOWS AND WATER QUALITY THROUGHOUT WASHINGTON STATE. WE USE VOLUNTARY, MARKET-BASED TRANSACTIONS AND COOPERATIVE PARTNERSHIPS TO CREATE BALANCED SOLUTIONS SO FISH, AGRICULTURE, BUSINESS AND WILDLIFE - UPON WHICH WE ALL DEPEND - CAN THRIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19 VOTING BOARD MEMBERS;25 PROGRAM VOLUNTEERS;1 INTERN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WATER RIGHTS PROGRAM: WE LEASE AND BUY WATER FROM WATER RIGHTS HOLDER, TEMPORARILY OR PERMANENTLY TO LEAVE INSTREAM, TO IMPROVE AND PROTECT FLOWS, ESPECIALLY DURING PERIODS THAT ARE CRITICAL TO THE SURVIVAL OF IMPERILED SALMON AND STEELHEAD.WASHINGTON WATER TRUST ALSO WORKS TO DEVELOP INNOVATIVE SOLUTIONS WITH WATER RIGHTS HOLDERS WHO ARE LOOKING FOR A MORE COST-EFFECTIVE WAYS TO USE THEIR WATER.DRAWING FROM AN EXTENSIVE NETWORK OF PARTNERSHIPS WITH AGRICULTURAL PRODUCERS, CONSERVATION DISTRICTS, IRRIGATION DISTRICTS, LAND TRUST, LANDOWNERS, LEGAL EXPERTS, STATE AGENCIES, TRIBES AND OTHER STAKEHOLDERS, WASHINGTON WATER TRUST IS ABLE TO BRING TO THE TABLE BALANCED, MUTUALLY BENEFICIAL IDEAS THAT ARE PROVEN TO WORK. WATER RIGHTS ACQUISITION AND TRANSFER IN WASHINGTON, WATER RIGHTS REPRESENT LEGAL AUTHORITY BY STATE, FEDERAL AND TRIBAL GOVERNMENTS FOR WATER RIGHT HOLDERS TO WITHDRAW SURFACE OR GROUNDWATER FOR MULTIPLE USES. WATER RIGHTS IDENTIFY THE SOURCE OF WATER WITHDRAWAL, HOW IT MAY BE USED, WHEN IT CAN BE DIVERTED, HOW MUCH CAN BE DIVERTED, AND ITS SENIORITY RELATIVE TO OTHER RIGHTS IN THE SAME WATERSHED. IF WATER IS EVER IN SHORT SUPPLY, AN INDIVIDUAL HOLDING A "SENIOR" WATER RIGHT MAY BE THE ONLY ONE ABLE TO DRAW WATER FROM THIS SOURCE. THE RIGHT TO USE WATER MAY BE TRANSFERRED FROM ONE USER TO ANOTHER, AND RIGHTS CAN BE BOUGHT AND SOLD. ACQUISITION IS AN IMPORTANT TOOL FOR STREAMFLOW RESTORATION BECAUSE WATER RIGHTS MAY ALSO BE PURCHASED AND TRANSFERRED TO THE STATE TRUST WATER PROGRAM WHERE THEY CAN BE PROTECTED AGAINST WITHDRAWAL FOR FLOW RESTORATION. THE WATER TRUST ENGAGES IN THE PURCHASE, LEASING AND SALE OF WATER RIGHTS IN PRIORITY BASINS AS A STRATEGY TO BENEFIT FLOW AND HABITAT. FOR MORE DETAIL ON WATER RIGHTS AND THE PROCESS OF ACQUISITION AND TRANSFER, SEE ORGANIZATION WEBSITE. WATER BANKING WATER BANKING REPRESENTS A MANAGEMENT TOOL TO PROVIDE FLEXIBILITY TO WATER USERS. SOME REGIONS OF WASHINGTON HAVE POPULATIONS AND ASSOCIATED WATER USES THAT HAVE GROWN TO CAPACITY; HERE THE STATE MAY DETERMINE THAT NO MORE WATER RIGHTS CAN BE ASSIGNED BECAUSE RIVERS AND AQUIFERS ARE BECOMING DANGEROUSLY LOW. THESE DETERMINATIONS, CALLED INSTREAM FLOW RULES, RESERVE ANY EXTRA WATER IN A SYSTEM TO ENSURE BALANCE TO THE TOTAL SUPPLY. WHEN NEWCOMERS TO THESE AREAS WISH TO START USING WATER, E.G., TO PROVIDE FOR A NEWLY BUILT HOME, THEY WILL NEED TO MITIGATE FOR THIS USE BY FINDING AN EXISTING WATER RIGHT (OR USE) THAT CAN BE RETIRED. WATER BANKS OF EXCHANGES TO HELP THESE AREAS OF SCARCITY WITH RESTORATION AND SUSTAINABLE GROWTH. A WATER BANK PURCHASES WATER FROM WILLING SELLERS, GETS THE WATER RIGHTS VETTED AND APPROVED BY THE STATE AND TRANSFERS THE RIGHT TO THE STATE TRUST WATER PROGRAM. THE WATER BANK MAY THEN SELL A MITIGATION CERTIFICATE FOR WATER USE TO INDIVIDUALS OR COMPANIES SEEKING TO MITIGATE THEIR WATER USE. OFTEN, A WATER BANK WILL PURCHASE A LARGE WATER RIGHT UPSTREAM, THEN SHAVE OFF SMALL PORTIONS OF THAT RIGHT FOR SALE TO NEW WATER USERS WHILE RESERVING THE BALANCE FOR FLOW RESTORATION. WASHINGTON WATER TRUST MANAGES WATER BANKING PROGRAMS IN SELECT WATERSHEDS. FOR MORE DETAIL AND AN EXAMPLE OF WATER BANKING, SEE WASHINGTON WATER TRUSTS WEBSITE. CONSULTATION: WATER MANAGEMENT ALTERNATIVES, CONSERVATION AND WATER RIGHTS ASSESSMENT WATER RIGHTS IN THE WESTERN UNITED STATES ARE MULTI-DIMENSIONAL, AND CRITICAL TO ECOLOGY AND THE ECONOMY. THE WATER TRUST WORKS WITH WATER RIGHT HOLDERS, E.G., PROPERTY OWNERS, IRRIGATION DISTRICTS OR MUNICIPALITIES, TO PROVIDE A THOROUGH UNDERSTANDING OF THEIR RIGHTS. DEVELOPING WATER MANAGEMENT ALTERNATIVES MEANS WORKING WITH DIVERSE AND OFTEN COMPETING INTERESTS TO FIND SOLUTIONS THAT CAN WORK FOR ALL. SOLUTIONS MAY INCLUDE FINDING EFFICIENCIES IN HOW PEOPLE USE WATER. CHANGING WHERE WATER IS SOURCED, OR ALTERING HOW AND WHEN WATER IS USED, FOR EXAMPLE, CAN HAVE HUGE IMPACTS ON STREAM HEALTH. SPECIAL DROUGHT-YEAR CONSERVATION INITIATIVES WHEN THE SEASONAL WEATHER IN WASHINGTON IS PA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TREASURER, BOARD PRESIDENT AND EXECUTIVE DIRECTOR REVIEW AND APPROVE FORM 990. COPIES ARE AVAILABLE TO BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WWT'S CONFLICT OF INTEREST POLICY REQUIRES A SIGNED CONFLICT OF INTEREST STATEMENT ANNUALLY FROM BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A BOARD COMMITTEE REVIEW EXECUTIVE OFFICER'S PERFORMANCE/COMPENSATION WITH INPUT FROM THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalAssetsGrp/EOYAmt01035437

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.31$1.92$2.59$3.59$0.99
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.25$2.67$3.82$3.28$0.54
2022Detailed filing. Detailed filing data is available for this year.$2.33$0.70$1.63$2.86$1.76$1.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.88$0.53$1.65$1.72$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.61$0.60$1.52$1.60$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.97$0.37$0.60$1.58$1.80$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.22$0.81$1.58$1.41$0.17
2017Detailed filing. Detailed filing data is available for this year.$1.41$0.77$0.64$1.60$1.59$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.93$0.30$0.63$1.50$1.39$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.19$0.52$1.61$1.49$0.12
2014Summary only. Only limited summary data is available for this year.$0.59$0.19$0.39$1.09$0.97$0.12
2013Summary only. Only limited summary data is available for this year.$0.36$0.08$0.28$1.41$1.51$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.11$0.38$1.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.05$0.34$1.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.04$0.50$1.50