Colorado Water Trust Inc
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 9
- Location
- Denver, CO
- Founding
- 04/2002
- Data as of
- 12/2021
- EIN
- 84-1606567
Organization Overview
Colorado Water Trust Inc is located in Denver, CO. The organization was established in 2002. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Colorado Water Trust Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Water Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Colorado Water Trust Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RESTORE FLOWS TO COLORADO'S RIVERS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLORADO WATER TRUST HELPS UPGRADE INFRASTRUCTURE TO ENABLE MORE WATER TO FLOW THROUGH THE RIVERSAND STREAMS TO WHICH THEY'RE CONNECTED.
THE COLORADO WATER TRUST COMPENSATES WATER RIGHTS OWNERS FOR PROJECTS THAT CONSERVE, AVOID, OR RETIME WATER USE, AND RETURNS THAT WATER TO NATURAL STREAMS THROUGHOUT THE STATE FOR PURPOSES OF ECOLOGICAL INTEGRITY, COMMUNITY DEVELOPMENT, AND AGRICULTURAL RESILIENCE. IT RETURNED TO STREAMS OVER 3 BILLIONGALLONS OF WATER IN 2021.
THE COLORADO WATER TRUST CONDUCTS ASSESSMENTS OF WATER RIGHTS PORTFOLIOS FOR RIGHTS OWNERS BOTH PRIVATE AND PUBLIC, DETERMINING HOW MUCH IF ANY OF THEIR RIGHTS COULD BE RE-DIRECTED TO REMAIN IN RIVERS WITHOUT ENDANGERING THE RIGHTS THEMSELVES.
OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Schultheiss Executive Di | Officer | 40 | $108,664 |
Emily Hunt Vice Preside | OfficerTrustee | 4 | $0 |
Anne Castle President | OfficerTrustee | 4 | $0 |
Michael A Sayler Past Preside | OfficerTrustee | 4 | $0 |
Ben Hrouda Treasurer | OfficerTrustee | 4 | $0 |
David C Taussig Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $69,805 |
| Related organizations | $0 |
| Government grants | $293,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $654,241 |
| Noncash contributions included in lines 1a–1f | $4,737 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,017,246 |
| Total Program Service Revenue | $315,232 |
| Investment income | $3,107 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,654 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,332,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,573 |
| Compensation of current officers, directors, key employees. | $19,509 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $467,661 |
| Pension plan accruals and contributions | $10,100 |
| Other employee benefits | $51,522 |
| Payroll taxes | $43,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $601,785 |
| Advertising and promotion | $1,155 |
| Office expenses | $12,048 |
| Information technology | $11,344 |
| Royalties | $0 |
| Occupancy | $16,958 |
| Travel | $18,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,194 |
| Insurance | $3,460 |
| All other expenses | $5,429 |
| Total functional expenses | $1,700,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,101 |
| Savings and temporary cash investments | $694,342 |
| Pledges and grants receivable | $46,573 |
| Accounts receivable, net | $82,419 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $24,988 |
| Net Land, buildings, and equipment | $15,582 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $684,650 |
| Total assets | $1,736,655 |
| Accounts payable and accrued expenses | $71,639 |
| Grants payable | $0 |
| Deferred revenue | $7,358 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $81,995 |
| Total liabilities | $160,992 |
| Net assets without donor restrictions | $1,221,704 |
| Net assets with donor restrictions | $353,959 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,736,655 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Colorado Water Trust Inc has recieved totaling $80,466.
| Awarding Organization | Amount |
|---|---|
Gates Family Foundation Denver, CO PURPOSE: PROJECT SUPPORT | $75,000 |
Gates Family Foundation Denver, CO PURPOSE: UNRESTRICTED | $5,466 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eco-Cycle Inc Boulder, CO | $9,419,278 | $9,361,729 |
Colorado Water Trust Inc Denver, CO | $1,736,655 | $1,332,449 |
Blue Star Recyclers Colorado Springs, CO | $918,263 | $1,376,370 |
Watershed Management Group Inc Tucson, AZ | $1,083,167 | $1,647,658 |
Reunity Resources Santa Fe, NM | $678,093 | $993,137 |
High Country Conservation Center Frisco, CO | $916,746 | $1,083,242 |
Colorado Rio Grande Restoration Foundation Alamosa, CO | $479,817 | $670,145 |
Rocky Mountain Raptor Program Fort Collins, CO | $1,599,262 | $663,504 |
Western Resources Group Inc Ogallala, NE | $1,275,170 | $443,398 |
Friends Of The Dillon Ranger District A Co Nonprofit Corp Silverthorne, CO | $881,759 | $662,922 |
Sedona Recycles Inc Sedona, AZ | $647,560 | $548,123 |
Clever Octopus Inc Salt Lake City, UT | $325,657 | $521,561 |