Texas · Nonprofit
HEADWATERS AT THE COMAL
HEADWATERS AT THE COMAL (Texas) receives grants from 22 organizations whose IRS filings report $834,526 to it, the largest being SAN ANTONIO AREA FOUNDATION ($200,000). 9 of them have funded it in more than one year.
- Revenue FY2025
- $2.9M
- Funders on record
- 22
- Grants received
- $835k
- Net assets
- $2.0M
What Headwaters at the Comal does
Mission
Strengthening the relationship between the community and nature by showcasing the significance of the comal springs. Premier education center inspiring hearts and minds of the importance of conservation to community.
As stated on its FY2025 Form 990.
Programs
Program services: Headwaters at the Comal hosts a variety of educational programs for community members of all ages. Topics include native plants, environmental and water conservation, archaeology, a children's science series, and a watershed education program for elementary students. Headwaters is open to community members for tours and meetings or to visit on their own and learn through self-guided tour information and interpretive signage. A total of 5,484 people visited Headwaters at the Comal in 2025 and participated in over 70 tours, education programs, community events and self-guided visits. The goal of our programs is to inspire hearts and minds on the importance of conservation, cultural and environmental, to the greater community.
$3,161,473 spent$10,215 earned by the program92% of program spendingNative prairie and riparian restoration: the headwaters has removed almost 7.5 acres of asphalt and impervious cover and replaced that area with native soil, hundreds of grasses, forbs, and trees in order to divert water away from the headwater springs of the comal river and filter through natural storm water management of berms, swales, check dams and vernal pools. Continual maintenance of the prairie and riparian area along spring run #4 of the comal river is necessary to control reintroduction of invasive species. In addition, citizen science programs help to monitor water quality and collect data on reintroduction of birds, butterflies, frogs, dragonflies, and other species attracted to the restored area.
$273,815 spent8% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,435,288.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $89k to $1.1M (+1104%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
96% of HEADWATERS AT THE COMAL’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $1k → $130k.
5 of 22 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HEADWATERS AT THE COMAL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HEADWATERS AT THE COMAL has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
35% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HEADWATERS AT THE COMAL.
Largest funder’s share by year: 2018 100% · 2019 63% · 2020 73% · 2021 48% · 2022 59% · 2023 77% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
33% of HEADWATERS AT THE COMAL's funders are still giving 3 years after their first grant; 41% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
98% of HEADWATERS AT THE COMAL's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $278k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HEADWATERS AT THE COMAL has grown faster than three-quarters of the 1,074 environment nonprofits its size.
this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025
Organizations like HEADWATERS AT THE COMAL
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
61%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- New Braunfels Utilities · exempt
Screen this organization
A dated, signed PDF of the compliance screen for HEADWATERS AT THE COMAL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HEADWATERS AT THE COMAL?
- HEADWATERS AT THE COMAL (Texas) receives grants from 22 organizations whose IRS filings report $834,526 to it, the largest being SAN ANTONIO AREA FOUNDATION ($200,000). 9 of them have funded it in more than one year.
- How many funders does HEADWATERS AT THE COMAL have?
- IRS filings report 22 organizations giving $834,526 in grants to HEADWATERS AT THE COMAL, 9 of which have funded it in more than one year.
- Who is the largest funder of HEADWATERS AT THE COMAL?
- SAN ANTONIO AREA FOUNDATION is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
- How can an organization like HEADWATERS AT THE COMAL find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Headwaters at the Comal →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 22 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing