GATHERING WATERS INC

EIN: 391805090 501(c)(3) Environment

MADISON, WI

Total Revenue
$1,292,893
Total Expenses
$1,242,554
Total Assets
$1,744,136
Net Assets
$1,510,195
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
WI
Principal Officer
MICHAEL CARLSON
Phone
6082519131
Tax Period
2024-01-01 to 2024-12-31

GATHERING WATERS INC, founded in 1994, is a community nonprofit in the Environment sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 4% surplus.

Mission

GATHERING WATERS (WISCONSIN'S ALLIANCE FOR LAND TRUSTS) STRENGTHENS LAND TRUSTS TO PROTECT WISCONSIN'S SPECIAL PLACES AND GROW HEALTHY, VIBRANT COMMUNITIES. THE STRONGER THE ALLIANCE BETWEEN GATHERING WATERS' STAFF AND BOARD MEMBERS, LAND TRUST LEADERS, AND THE BROADER CONSERVATION COMMUNITY, THE MORE SUCCESSFUL WE ARE IN PROTECTING THE LANDS THAT PROVIDE SO MUCH VALUE TO ALL OF US.

Program Service Accomplishments

Program 1
Expenses: $328,386 Revenue: $0

POLICY AND GOVERNMENT RELATIONS: WORK WITH DECISION MAKERS AT ALL LEVELS OF GOVERNMENT TO PROMOTE STATE, LOCAL, AND FEDERAL POLICIES THAT SUPPORT THE WORK OF LAND TRUSTS AND THE CONSERVATION OF...

Read more

POLICY AND GOVERNMENT RELATIONS: WORK WITH DECISION MAKERS AT ALL LEVELS OF GOVERNMENT TO PROMOTE STATE, LOCAL, AND FEDERAL POLICIES THAT SUPPORT THE WORK OF LAND TRUSTS AND THE CONSERVATION OF PRIVATE LAND. SPECIFICALLY, GATHERING WATERS ADVOCATES FOR CONTINUATION OF FUNDING FOR THE KNOWLES NELSON STEWARDSHIP PROGRAM, A PROGRAM OF PUBLIC FINANCIAL SUPPORT FOR THE PRESERVATION OF LAND IN WISCONSIN. IN 2024, GATHERING WATERS CONTINUED ITS EFFORTS TO CONNECT ELECTED OFFICIALS WITH THEIR LOCAL CONSTITUENTS AND WORKED WITH LAWMAKERS AND THE GOVERNOR TO IMPROVE HOW THE KNOWLES-NELSON STEWARDSHIP PROGRAM FUNCTIONS AND IS ADMINISTERED AND ADVOCATED AGAINST LEGISLATION THAT WOULD HAVE WEAKENED PROTECTIONS FOR PROTECTED LAND IN WISCONSIN. ALSO IN 2024, GATHERING WATERS ADVOCATED FOR THE COMPLETION OF THE 70,000-ACRE PELICAN RIVER FOREST, THE LARGEST CONSERVATION PROJECT IN MODERN WISCONSIN HISTORY.

Program 2
Expenses: $320,330 Revenue: $0

EDUCATION AND OUTREACH: EDUCATE THE GENERAL PUBLIC, PROFESSIONALS, AND LANDOWNERS ABOUT THE IMPORTANCE OF PRIVATE LAND CONSERVATION AND VOLUNTARY TOOLS AVAILABLE TO SET ASIDE PRIVATE LAND FOR...

Read more

EDUCATION AND OUTREACH: EDUCATE THE GENERAL PUBLIC, PROFESSIONALS, AND LANDOWNERS ABOUT THE IMPORTANCE OF PRIVATE LAND CONSERVATION AND VOLUNTARY TOOLS AVAILABLE TO SET ASIDE PRIVATE LAND FOR CONSERVATION. GATHERING WATERS MAINTAINS AN INTERACTIVE WEBSITE AND PUBLISHES PAPER AND ELECTRONIC NEWSLETTERS THROUGHOUT THE YEAR. DURING 2024, GATHERING WATERS BEGAN PREPARING FOR ITS BIANNUAL STATEWIDE CONFERENCE FOR LAND TRUSTS AND OTHER CONSERVATION ORGANIZATIONS TO BE HELD IN MARCH 2025, WITH EXPECTED ATTENDANCE OF APPROXIMATELY 115 PARTICIPANTS; HELD "LAND TRUST DAYS", TO PROMOTE OPPORTUNITIES FOR NEARLY 2,000 PEOPLE TO PARTICIPATE IN ACTIVITIES ORGANIZED BY WISCONSIN'S LAND TRUSTS ON LAND THAT THEY HAVE PROTECTED; AND HELD VARIOUS AWARD EVENTS HONORING SIGNIFICANT CONTRIBUTIONS MADE BY LEADERS IN LAND CONSERVATION.

Program 3
Expenses: $236,612 Revenue: $0

TECHNICAL TRAINING AND ASSISTANCE: INCREASED THE CAPACITY OF MORE THAN FORTY WISCONSIN LAND TRUSTS AND CONSERVATION ORGANIZATIONS THROUGH ONE-ON-ONE MENTORSHIP AND TECHNICAL ASSISTANCE, PEER...

Read more

TECHNICAL TRAINING AND ASSISTANCE: INCREASED THE CAPACITY OF MORE THAN FORTY WISCONSIN LAND TRUSTS AND CONSERVATION ORGANIZATIONS THROUGH ONE-ON-ONE MENTORSHIP AND TECHNICAL ASSISTANCE, PEER LEARNING, AND WORKSHOPS. GATHERING WATERS WORKS CLOSELY WITH THE LAND TRUST ALLIANCE, A NATIONAL ASSOCIATION OF LAND TRUSTS, TO OFFER TRAINING OPPORTUNITIES AND SUPPORT SERVICES TO WISCONSIN LAND TRUSTS. DURING 2024, GATHERING WATERS CONTINUED TO PROVIDE LEGAL SERVICES DIRECTLY TO WISCONSIN LAND TRUSTS THROUGH THE LAND CONSERVATION LAW PROGRAM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,236,443
Program Service Revenue $0
Investment Income $56,450
Other Revenue $0
TOTAL REVENUE $1,292,893

Expense Breakdown

Grants Paid $0
Salaries & Benefits $898,551
Fundraising Expenses $187,683
Program Expenses $914,618
Other Expenses $344,003
TOTAL EXPENSES $1,242,554

Year-over-Year Comparison

2024 2023 Change
Revenue $1,292,893 $1,199,090 +0.1%
Expenses $1,242,554 $1,114,499 +0.1%
Net Income $50,339 $84,591 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
12
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$126,369
Total Directors
13
$15,094
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL ABRAHAMZON CHAIR 1.00
Officer Director
$0 $0 $0
BECKY STEINHOFF VICE-CHAIR 1.00
Officer Director
$0 $0 $0
JEFF OTTUM SECRETARY 1.00
Officer Director
$0 $0 $0
CAROL FISHER TREASURER 1.00
Officer Director
$0 $0 $0
STEPHANIE VRABEC DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KOUTNIK DIRECTOR (THRU JULY) 1.00
Director
$15,094 $0 $15,094
KEVIN THUSIUS DIRECTOR 1.00
Director
$0 $0 $0
VANESSA WISHART DIRECTOR 1.00
Director
$0 $0 $0
MATT REETZ IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
MARJIE TOMTER DIRECTOR 1.00
Director
$0 $0 $0
NICOLE VAN HELDEN DIRECTOR 1.00
Director
$0 $0 $0
KIERAN COE DIRECTOR 1.00
Director
$0 $0 $0
KIM PEMBLE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL CARLSON EXECUTIVE DIRECTOR 40.00
Officer
$102,436 $23,933 $126,369
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,292,893 $1,242,554 $1,744,136 $50,339
2023 $1,199,090 $1,114,499 $1,713,420 $84,591
2022 $1,184,314 $929,519 $1,617,127 $254,795
2021 $772,395 $797,605 $1,182,742 $-25,210
2020 $879,242 $678,679 $1,174,323 $200,563
2019 $812,537 $765,205 $943,808 $47,332
2018 $932,843 $764,890 $865,705 $167,953
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GATHERING WATERS INC with other nonprofits in Wisconsin and across the country.