Overview
What is Texas Watershed Management Foundation?
The Texas Watershed Management Foundation is a nonprofit organization based in Gatesville, Texas. Their primary mission revolves around water conservation and the management of endangered species, particularly in the Central Texas area. The foundation aims to contribute to the recovery of listed species while providing operational flexibility for public or private landowners sponsoring conservation actions and monitoring systems, including credit. Their key objectives include offering an incentive-based approach for landowners to implement conservation measures for endangered species, providing a uniform process for documenting conservation efforts on private lands, offering a process for accounting for and retaining recovery credits should they be needed, and providing a uniform structure for implementing and monitoring the conservation measures required to generate recovery credits and benefit the species. In essence, the Texas Watershed Management Foundation serves as a bridge between landowners and environmental preservation, fostering a sustainable approach to safeguarding endangered species in Texas.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Stars
The Texas Watershed Management Foundation has received a Two-Star rating from Charity Navigator, primarily based on its Accountability & Finance score. While the organization shows strengths such as having a fully independent board and no material diversion of assets, it faces significant challenges in transparency and policy implementation. The absence of a whistleblower and document retention policy raises concerns about governance and oversight.
Financially, the foundation demonstrates a high program expense ratio of 89.72%, indicating a strong commitment to its mission and programs. However, the extremely high liabilities to assets ratio of 2799.60% suggests potential financial instability or risk, which is a critical point of concern for potential donors and stakeholders assessing the organization's overall health.
Overall, while the Texas Watershed Management Foundation has solid governance structures in place with independent oversight, the lack of key policies and financial liabilities may warrant caution for those considering support. Improvements in transparency and governance practices could strengthen its credibility and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Watershed Management Foundation legitimate?
Texas Watershed Management Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Watershed Management Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Texas Watershed Management Foundation?
The Texas Watershed Management Foundation's mission is geared towards conservation and the management of endangered species. In particular, the organization aims to provide an incentive-based approach for both public and private landowners to implement conservation measures for endangered species. It also establishes a uniform process for documenting these conservation efforts on private lands. Moreover, the foundation offers a process for accounting for and retaining recovery credits should they be needed to offset habitat loss related to a sponsor's activities. Lastly, it provides a structure for implementing and monitoring the conservation measures required to generate recovery credits and benefit the species.
Who is the CEO of Texas Watershed Management Foundation?
Steve Manning is the President of Texas Watershed Management Foundation.
What is the revenue of Texas Watershed Management Foundation?
Texas Watershed Management Foundation's revenue in 2022 was $9,725.
Who are the executives of Texas Watershed Management Foundation and what are their salaries?
There 3 volunteers at Texas Watershed Management Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Texas Watershed Management Foundation?
Texas Watershed Management Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Texas Watershed Management Foundation
The Texas Watershed Management Foundation, a nonprofit organization, is dedicated to the mission of water conservation and endangered species management. Its primary objective is to contribute to the recovery of listed species while providing operational flexibility for public and private landowners who are sponsoring conservation actions and monitoring systems, including credit.
In a unique approach, the Texas Watershed Management Foundation offers an incentive-based method for landowners to apply conservation measures for endangered species. It also provides a uniform process for documenting conservation efforts on private lands, ensuring a standardized and transparent approach to land conservation.
Moreover, the foundation offers a process for accounting for and retaining recovery credits should they be needed to offset loss of habitat related to a sponsor's activities. This mechanism ensures that the conservation efforts made by the landowners are recognized and can be utilized for future conservation projects. Lastly, the foundation provides a uniform structure for implementing and monitoring the conservation measures required to generate recovery credits and benefit the species, thus ensuring the long-term success of its conservation initiatives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Texas Watershed Management Foundation's impact can be seen in its efforts towards water conservation and endangered species management. The foundation is actively involved in developing and implementing a recovery system for endangered species management, as well as continuing water conservation programs in the Central Texas area. By providing an incentive-based approach for public and private landowners to apply conservation measures for endangered species, documenting conservation efforts on private lands, and implementing and monitoring conservation measures, the foundation is working towards the recovery of listed species while creating operational flexibility for sponsors. Through these efforts, Texas Watershed Management Foundation is making a significant contribution to the conservation of the environment and endangered species in the region.
This information is meant to be a general summary of Texas Watershed Management Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $9,725
- Gross Receipts: $9,725
Assets and Liabilities:
- Total Assets: $17,936
- Total Liabilities: $499,437
- Net Assets: -$481,501
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENDANGERED SPECIES MGM
Revenue
$9,725
Organization Details
Founding Year
2001
Phone
(254) 865-0118Principal Officer
Steve Manning
Main Address
214 LEISURE ACRES RD, GATESVILLE, TX, 765281152
NTEE Category
Code: C32 - Environment
If you are a representative of Texas Watershed Management Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.