Blackstone Watershed Collaborative Inc
Nonprofit profile at a glance
- EIN
- 993623451
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Manchaug, MA, USA
- Phone
- 4438630930
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $699,696
- Expenses
- $512,667
- Assets
- $246,751
- Liabilities
- $70,823
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KATE MCPHERSON (PRESIDENT)
- STEFANIE COVINO (EXECUTIVE DIRECTOR)
People named in this filing
- BRUCE CURLISS (DIRECTOR)
- MICHAEL GEREL (DIRECTOR)
- KATE MCPHERSON (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the social and ecological resilience of the blackstone watershed through community and organizational capacity building and providing technical assistance by hosting meetings, events, and trainings and by offering resources and assisting with grants, on related topics
What it reported doing in 2025
Technical assistance & planning this program provides technical support to municipalities, partners, and agencies to advance watershed restoration and resilience projects. Work includes hydrologic and hydraulic modeling, feasibility analysis, and project development. Accomplishments: responded to 80 technical assistance requests assessed 285 culverts and supported naacc trainings (10 lead observers certified, 1 trainer) initiated watershed-scale hydrologic and hydraulic (h&h) analysis advanced priority restoration projects toward implementation
Operating model
- Revenue model
- Grant-funded. 99% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 85
- Accountability: 76
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.9%; rating input score 71
- Program expense ratio: 96.8%; rating input score 97
- Fundraising efficiency: $771.44 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 10th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 93.6%; rating input score 94; 44th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 26.7%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 170.9% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 167.5% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 70.9% of revenue deployed · 96.8% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $496K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes grants
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 20/100.