The Watershed Project is a 501(c)(3) organization based in Richmond, California, registered in 1997, with $1,747,034 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.7M
▲ 33.3% vs prior year
Environment median: $250K
Expenses (FY2024)
$1.7M
Net assets
$558K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Watershed Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Watershed Project: 4 mo reserves · +0% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Watershed Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Watershed Project: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $699K (FY2013) to $1.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$599K
Net assets
$558K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,747,034▲33.3% | $1,744,548▲48.8% | $557,797▲0.4% | $1,156,806▼18.0% | 990 |
| 2023 | $1,310,571▲35.0% | $1,172,264▲34.5% | $555,311▲33.2% | $1,410,475▲20.6% | 990 |
| 2022 | $970,492▲16.9% | $871,736▲7.1% | $417,003▲31.0% | $1,169,744▼24.2% | 990 |
| 2021 | $830,209▲61.3% | $813,808▲23.9% | $318,247▲22.8% | $1,542,942▲64.2% | 990 |
| 2020 | $514,750▼20.6% | $656,805▼8.3% | $259,099▲7.6% | $939,479▲110% | 990 |
| 2019 | $648,231▼16.1% | $716,454▼13.1% | $240,770▼6.3% | $447,315▼3.2% | 990 |
| 2018 | $772,717▲9.0% | $824,310▲17.1% | $257,007▼17.8% | $462,077▼0.5% | 990 |
| 2017 | $708,590▼1.3% | $703,936▲15.9% | $312,488▲9.9% | $464,273▲13.1% | 990 |
| 2016 | $717,659▼1.7% | $607,498▲9.6% | $284,402▲63.2% | $410,595▲29.7% | 990 |
| 2015 | $729,718▲12.5% | $554,068▼16.3% | $174,295▲12963% | $316,454▲91.5% | 990 |
| 2014 | $648,528▼7.2% | $662,009▼5.2% | -$1,355▼122% | $165,276▲3.4% | 990 |
| 2013 | $698,606 | $698,275▼42.6% | $6,248▲5.6% | $159,826▼2.8% | 990 |
| 2012 | — | $1,215,714 | $5,917 | $164,371 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
40 grants to The Watershed Project totaling $1.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Resources Legacy Fund | Land or marine conservation, climate change, and/or environmental equity and justice | 2024 | $35,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,180 |
| American Gift Fund | Operations | 2024 | $7,000 |
| Donor Advised Charitable Giving | Environmental and animals | 2023 | $76,000 |
| Resources Legacy Fund | Land or marine conservation, climate change, and/or environ. equity and justice. | 2023 | $30,000 |
| San Francisco Foundation | For general support. | 2023 | $10,000 |
| East Bay Community Foundation | General support | 2023 | $6,500 |
| Tides Foundation | Sustainable environment | 2022 | $45,000 |
| Tides Foundation | Sustainable environment | 2022 | $45,000 |
| Donor Advised Charitable Giving | Environmental and animals | 2022 | $25,500 |
| Resources Legacy Fund | Land or marine conservation, promotion of education and/or healthy communities | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,300 |
| Donor Advised Charitable Giving | Environmental and animals | 2021 | $48,000 |
| Tides Foundation | Sustainable environment | 2021 | $20,000 |
| San Francisco Foundation | Advised - to reimburse money spent from reserves on operations and maintenance of 25 sites. | 2020 | $40,000 |
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Data for The Watershed Project (EIN 91-1767292) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.