Civic Intelligence

Washington Water Trust

990 • Fiscal year 2019 • EIN 91-1937417

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

1500 Westlake Ave N Suite 202Seattle, WA 98109

(206) 675-1585

Siviq Scores

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

Liabilities / Assets

77th percentile

0.39x

Higher debt load relative to assets than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$103,212

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

16th percentile

-6.4%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

0.3%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$968,875

Down $66,562 (-6.4%) from 2018

Net Assets

Down

$595,604

Down $215,231 (-27%) from 2018

Liabilities

Up

$373,271

Up $148,669 (+66%) from 2018

Revenue

Up

$1,584,289

Up $4,193 (+0.3%) from 2018

Expenses

Up

$1,799,520

Up $392,046 (+28%) from 2018

Net Income

Down

-$215,231

Down $387,853 (-225%) from 2018

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

2019

Assets$968,875
Liabilities$373,271
Net Assets$595,604

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

2019

Revenue$1,584,289
Expenses$1,799,520
Net Income-$215,231
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$1,584,289
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.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$703,812$457,295▼ $246,517
Accounts Receivable$198,971$303,552▲ $104,581
Cash and Non-Interest-Bearing Accounts$122,330$184,306▲ $61,976
Prepaid Expenses and Deferred Charges$3,605$15,620▲ $12,015
Land, Buildings, and Equipment, Net$6,719$8,102▲ $1,383
Total Assets$1,035,437$968,875▼ $66,562
Liabilities
Deferred Revenue$118,815$180,814▲ $61,999
Accounts Payable and Accrued Expenses$70,684$152,097▲ $81,413
Other Liabilities$35,103$40,360▲ $5,257
Total Liabilities$224,602$373,271▲ $148,669
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$582,124$366,893▼ $215,231
Net Assets With Donor Restrictions$228,711$228,711→ $0
Total Net Assets Fund Balance$810,835$595,604▼ $215,231
Total Liabilities and Net Assets / Fund Balance$1,035,437$968,875▼ $66,562

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,102$49,761-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Susan AdamsExecutive DirectorFT$103,212$103,212

Board Members and Trustees

NameTitle
William StellePresident
Dale BambrickVice President
Cleve StewardDirector
Jessica LevinDirector
Jim AndersonDirector
Lorraine BodiDirector
Rick KirkbyDirector
Tom RingDirector
Suzanne SkinnerSecretary
Mitchell BatemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,127,179
Program Service Revenue
$451,654
Investment Income
$1,550
Other Revenue
$3,906
All Other Contributions
$166,131
Change in Net Assets
$-215,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,116,818
Salaries, Compensation, and Employee Benefits$682,702
Total Fundraising Expense$57,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$279,034$138,047$32,924$450,005
Fees for Services Other$345,787$40,087$2,970$388,844
Information Technology$11,526$94,697$827$107,050
Current Officers, Directors, Trustees, and Key Employees$63,999$31,662$7,551$103,212
Travel$42,961$32,672$308$75,941
Other Employee Benefits$7$75,162-$75,169
Occupancy-$51,499-$51,499
Payroll Taxes$22,935$19,151$2,955$45,041
Office Expenses$3,374$28,447$4,999$36,820
Fees for Services Accounting-$24,894-$24,894
Fees for Services Legal$21,137--$21,137
Pension Plan Contributions$4,873$3,774$628$9,275
Insurance-$6,823-$6,823
Depreciation Depletion-$4,568-$4,568
Advertising$66$1,420$55$1,541
Other Expenses$50$110$4,384$160
Total Functional Expenses$1,188,457$553,462$57,601$1,799,520
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,906
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festival & Auctions$13,651$3,906-$3,906
Total Events$13,651$3,906-$3,906
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$40,360
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 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

Organization's process to review form 990 the treasurer, board president and executive director review and approve form 990. Copies are availiable to board member.

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

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

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

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

Form 990, Part VI, Section C, 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
1500 WESTLAKE AVE N SUITE 202, SEATTLE, WA 98109

Signing Officer

Name
Mitchell Bateman
Title
Treasurer
Phone
2066751585
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Kraft
Formed
1998
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
10
Employees
12
Volunteers
26

Preparer

Firm
Bpm Llp
Address
12600 SE 38TH STREET SUITE 245, BELLEVUE, WA 98006-5232
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 - Part III, Line 4A-first Accomplishment

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 trust's 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 health. Special drought- year conservation initiatives when the seasonal weather in washington is par

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IRS990/PensionPlanContributionsGrp/FundraisingAmt0628
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IRS990/PYTotalRevenueAmt01580096
IRS990/QuidProQuoContributionsInd01
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/RevenueAmt0451654
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0703812
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0457295
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0310895
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0151225
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0910859
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01550
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0529
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0489
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0399
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01402957
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01267823
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01404106
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01345026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01545094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06965006
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01333
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0529
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0399
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04300
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt07875865
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01604022
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01496251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01614135
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01604551
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01496740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01614534
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07880165
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt049761
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED VACATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08102
IRS990ScheduleD/TotalLiabilityAmt040360
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt09745
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FESTIVAL & AUCTIONS
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
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/ExplanationTxt1WATER 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 TRUST'S 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 HEALTH. SPECIAL DROUGHT- YEAR CONSERVATION INITIATIVES WHEN THE SEASONAL WEATHER IN WASHINGTON IS PAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE TREASURER, BOARD PRESIDENT AND EXECUTIVE DIRECTOR REVIEW AND APPROVE FORM 990. COPIES ARE AVAILIABLE TO BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WWT'S CONFLICT OF INTEREST POLICY REQUIRES A SIGNED CONFLICT OF INTEREST STATEMENT ANNUALLY FROM BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A BOARD COMMITTEE REVIEWS THE EXECUTIVE OFFICER'S PERFORMANCE/COMPENSATION WITH INPUT FROM THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990 - PART III, LINE 4A-FIRST ACCOMPLISHMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00

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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