Puyallup Watershed Initiative

Nonprofit profile at a glance

EIN
821723455
IRS 990 coverage
2018–2023
Forms available
Form 990 2023, Form 990-N 2017
Location
Tacoma, WA, USA
Phone
2532120434
Rating confidence
Limited
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$0
Expenses
$49,644
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DEBBIE TERWILLEGER (PRESIDENT)
  • NANNETTE HUBER (VICE PRESIDENT)
  • JEFFERSON MOK (EXECUTIVE DIRECTOR)

People named in this filing

  • DEBBIE TERWILLEGER (PRESIDENT)
  • NANNETTE HUBER (VICE PRESIDENT)
  • CASANDRA BATDORF (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the puyallup watershed initiative (the initiative) is to improve social and environmental conditions throughout the watershed, which comprises more than 1,000 square miles from mt. Rainier to commencement bay.

What it reported doing in 2023

As of 12/31/2021, there were no program activities, and all remaining activities and expenses were dedicated to the organization's dissolution. As a result, the various subgroups of the initiative worked amongst themselves to prepare for transfer of their activities to other local partners or to create a sustainability plan that would enable them to continue their activities. The just and healthy food community of interest voted to use its remaining funds to seed a new grassroots operation that would mimic the structure their members had created over the last five years. The active transportation community of interested voted to transfer their activites to the stewardship of downtown on the go, a local partner. The forests community of interetest shifted most of their remaining funds to sustain the operations of the tacoma tree foundation, one of their most successful partners. This funding boosted the tacoma tree foundation to continue much of the work that had been the focus of the forests community of interest, namely increasing tacoma's tree canopy and ensuring everyone had access to free native plans.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 93
  • Accountability: 70
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 91.3%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th 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: 2 of 7 controls in place; rating input score 29
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -34.1% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -46.9% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -38.9% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 91.3% of spending went to programs
  • Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $45K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 5 filing years from 2018 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.