TEXAS WATER TRADE

EIN: 832740232 501(c)(3) Environment

AUSTIN, TX

Total Revenue
$2,536,584
Total Expenses
$1,331,778
Total Assets
$2,318,441
Net Assets
$2,285,721
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TX
Principal Officer
SHARLENE LEURIG
Phone
5128463075
Tax Period
2022-07-01 to 2023-06-30

TEXAS WATER TRADE, founded in 2018, is a community nonprofit in the Environment sector that reported $2.5M in total revenue in fiscal year 2022. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 47% operating margin.

Mission

CREATING MARKETS FOR INNOVATIVE WATER RESILIENCY PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $803,649 Revenue: $11,250

TEXAS WATER TRADE ("TWT") PROVIDES TECHNICAL SERVICES (APPRAISALS, TRAINING, ECOLOGICAL ANALYSIS, ENGINEERING, HYDROLOGICAL MODELING, LEGAL, ENVIRONMENTAL MONITORING) TO NON-PROFIT LAND AND WATER...

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TEXAS WATER TRADE ("TWT") PROVIDES TECHNICAL SERVICES (APPRAISALS, TRAINING, ECOLOGICAL ANALYSIS, ENGINEERING, HYDROLOGICAL MODELING, LEGAL, ENVIRONMENTAL MONITORING) TO NON-PROFIT LAND AND WATER CONSERVATION ORGANIZATIONS AND GOVERNMENTAL AGENCIES TO SUPPORT THE ACQUISITION AND STEWARDSHIP OF WATER RIGHTS TO BENEFIT THE NATURAL ENVIRONMENT AND TO CREATE A FUTURE OF CLEAN, FLOWING WATER FOR ALL TEXANS. TWT'S WORK CENTERS ON TWO MECHANISMS FOR ADVANCING A VISION OF SUSTAINED WATER ABUNDANCE: EDUCATE AND PROVIDE TECHNICAL SUPPORT TO GOVERNMENTAL AND NON-PROFIT URBAN LEADERS TO FACILITATE INVESTMENT IN NET ZERO WATER BUILDINGS AND SUBDIVISIONS CAPABLE OF CAPTURING, TREATING AND RETURNING TO THE ORIGINAL WATER SOURCE AS MUCH WATER AS THEY DEMAND SO THAT NEW GROWTH INCREASES TEXAS' RELIABLE WATER SUPPLY. PROVIDE TECHNICAL SUPPORT AND FUNDING TO FACILITATE A DIVERSE SUITE OF VOLUNTARY WATER MARKET TRANSACTIONS-FROM DRY YEAR OPTIONS TO INFRASTRUCTURE PARTICIPATION-TO SECURE HEALTHY FLOWS IN TEXAS RIVERS WHILE CREATING SUPPLY RESILIENCE FOR OTHER WATER USERS.TO ADVANCE THESE GOALS, TWT ENGAGES IN SOME OR ALL OF THE FOLLOWING ACTIVITIES: SUPPORT ORGANIZATIONS CAPABLE OF PURSUING WATER TRANSACTIONS FOR HEALTHY ENVIRONMENTAL FLOWS -TWT TRANSFERS TECHNICAL KNOWLEDGE RELATED TO THE LEGAL FRAMEWORKS OF SURFACE WATER RIGHTS AND GROUNDWATER RIGHTS, HYDROLOGICAL MONITORING, AND ECOLOGICAL MODELING TO EVALUATE THE BENEFIT OF VARIOUS CONTRACT STRUCTURES TO SECURE WATER AND OPPORTUNITIES FOR WATER RIGHTS HOLDERS WHO VOLUNTARILY PARTICIPATE IN ENVIRONMENTAL FLOWS TRANSACTIONS. LAUNCH THE TEXAS WATER MARKET MAKERS PROGRAM -TWT RAISES FUNDS TO CREATE A COMPETITIVE PROGRAM FOR WATER CONSERVATION ORGANIZATIONS WHO RECEIVE SUSTAINED TECHNICAL SUPPORT, POSSIBLE GRANT FUNDING, AND POSSIBLE ACCESS TO WATER TRANSACTION FUNDS. DIVERSIFY FUNDING RESOURCES FOR FLOWS RESTORATION AND PROTECTION PROJECTS - TWT IS THE GO-TO ORGANIZATION FOR PHILANTHROPIC, STATE, AND FEDERAL RESOURCES PURSUING ENVIRONMENTAL FLOWS RESTORATION PROJECTS IN TEXAS, AND WORKS WITH PARTNERS ACROSS THOSE SECTORS TO STEER EXISTING FUNDS WHERE ELIGIBLE AND TO DESIGN NEW FUNDING VEHICLES AS NEEDED. QUARTERBACK MARKET DEVELOPMENT - TWT DEVELOPS AND EXECUTES LONG-RANGE STRATEGIES WHERE HEALTHY WATER FLOWS DEPEND UPON MORE COMPLEX ARRANGEMENTS THAN LAND TRUSTS AND CONSERVANCIES CAN PURSUE (FOR EXAMPLE, MUNICIPAL PROJECT PARTICIPATION, WATER SWAPS OR BANKING). PROVIDE TRUSTED PROJECT EVALUATION - TWT DEVELOPS THE EXPERTISE AND BRAND RECOGNITION TO BECOME THE ONE-STOP SHOP FOR EVALUATING THE FEASIBILITY AND BENEFIT OF ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION PROJECTS IN TEXAS, THEREBY LOWERING TRANSACTION COSTS FOR PROJECT SPONSORS AND FUNDERS. SET ENVIRONMENTAL FLOWS RESTORATION AND PROTECTION TARGETS - TWT HAS SET TARGETS FOR THE AMOUNT OF WATER WE WORK TO PROTECT OR RESTORE BY 2030 WITH THE ASSISTANCE OF OUR ADVISORY COUNCIL AND USING THE BEST AVAILABLE SCIENCE AND MARKET ANALYSIS. ADVANCE AWARENESS OF THE WATER SUPPLY POTENTIAL OF ONSITE WATER RESOURCES - TWT PRODUCES ENVIRONMENTAL WATER INFORMATIONAL AND ANALYTICAL TOOLS THAT CAPTURE THE IMAGINATION OF POLICYMAKERS, DEVELOPERS AND COMMUNITY LEADERS OF THE ENORMOUS POTENTIAL FOR ONSITE WATER TO BE PART OF THE SUPPLY SOLUTION SET FOR A GROWING TEXAS. ACCELERATE COMMITMENTS TO NET ZERO WATER - TWT SUPPORTS HIGH-VISIBILITY DEVELOPMENT PROJECTS THAT TAP INTO ONSITE WATER RESOURCES, THEREBY DELIVERING PROOFS OF CONCEPT, WORKING IN PARTNERSHIP WITH GOVERNMENTAL ENTITIES AND COMMUNITIES AND THE DEVELOPERS AND TEXAS-BASED COMPANIES THEY REGULATE. SUPPORT FINANCIAL INNOVATIONS TO ENABLE NET ZERO DEVELOPMENT - TWT WORKS WITH ENTITIES ADMINISTERING FUNDING RESOURCES SUCH AS PROPERTY ASSESSED CLEAN ENERGY (PACE) LOANS, MUNICIPAL UTILITY DISTRICTS (MUDS), PLANNED UNIT DEVELOPMENTS (PUDS), TAX INCREMENT FINANCING (TIF) DISTRICTS AND MUNICIPAL BONDS TO SCALE CAPITAL AVAILABLE FOR NEW DEVELOPMENT TO TAP INTO ONSITE WATER RESOURCES.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,504,879
Program Service Revenue $11,250
Investment Income $20,455
Other Revenue $0
TOTAL REVENUE $2,536,584

Expense Breakdown

Grants Paid $102,160
Salaries & Benefits $753,027
Fundraising Expenses $271,241
Program Expenses $803,649
Other Expenses $476,591
TOTAL EXPENSES $1,331,778

Year-over-Year Comparison

2022 2021 Change
Revenue $2,536,584 $1,403,530 +0.8%
Expenses $1,331,778 $1,387,615 0.0%
Net Income $1,204,806 $15,915 +74.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
6
Volunteers
N/A

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
4
$223,946
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON PERKINS DIRECTOR 1.00
Director
$0 $0 $0
SARAH SCHLESSINGER SECRETARY 1.00
Officer Director
$0 $0 $0
JEFF LEUSCHEL DIRECTOR 1.00
Director
$0 $0 $0
CARLOS RUBINSTEIN DIRECTOR 1.00
Director
$0 $0 $0
JOHN HALL DIRECTOR 1.00
Director
$0 $0 $0
REAGAN KNEESE DIRECTOR 1.00
Director
$0 $0 $0
SUSANA CANSECO DIRECTOR 1.00
Director
$0 $0 $0
MISSY MANDELL DIRECTOR 1.00
Director
$0 $0 $0
DEAN ROBBINS DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN TATUM JR DIRECTOR 1.00
Director
$0 $0 $0
LORI TRAWEEK DIRECTOR 1.00
Director
$0 $0 $0
ANDERSON BYNAM TREASURER 1.00
Officer Director
$0 $0 $0
KINNAN GOLEMON CHAIR 1.00
Officer Director
$0 $0 $0
ADAM BUTLER DIRECTOR 1.00
Director
$0 $0 $0
EDDIE LUCIO III DIRECTOR 1.00
Director
$0 $0 $0
JULIA RATHGEBER DIRECTOR 1.00
Director
$0 $0 $0
SHARLENE LEURIG CEO 40.00
Officer
$198,069 $25,877 $223,946
QUINN MCCOLLY CONSERVATION FINANCE DIRECTOR 40.00
Highest
$131,250 $16,988 $148,238
KRISTIN RODRIGUEZ DIRECTOR OF DEVELOPMENT 40.00
Highest
$125,800 $2,124 $127,924
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,536,584 $1,331,778 $2,318,441 $1,204,806
2022 $1,403,530 $1,387,615 $1,363,986 $15,915
2021 $1,521,815 $810,613 $1,247,776 $711,202
2020 $984,610 $572,646 $551,273 $411,964
2019 $254,320 $163,532 $90,788 $90,788
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