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Minnesota · Nonprofit

PINE RIVER WATERSHED ALLIANCE

PINE RIVER WATERSHED ALLIANCE (Minnesota) receives grants from 4 organizations whose IRS filings report $46,600 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($30,000). 3 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$7k
Funders on record
4
Grants received
$47k
Net assets
$0
3/4 repeat funderspeak grant-dependency 61%
01What it does

What Pine River Watershed Alliance does

Mission

Headwaters Protection

As stated on its FY2025 Form 990-EZ.

Program

  1. None

    $0 spent

The program described on its FY2025 Form 990-EZ.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($19k) Expenses 100 ($20k) Net assets 100 ($115k)2022 Revenue 78 ($15k) Expenses 188 ($38k) Net assets 79 ($91k)2023 Revenue 57 ($10k) Expenses 125 ($25k) Net assets 66 ($76k)2024 Revenue 127 ($24k) Expenses 125 ($25k) Net assets 65 ($74k)2025 Revenue 40 ($7k) Expenses 401 ($82k) Net assets 0 ($0)
20212022202320242025
Revenue (40)Expenses (401)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $74k to $0 (−100%).

$115k
$91k
$76k
$74k
$0
20212022202320242025
Total assetsTotal liabilities

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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 5 reported years ran a deficit.

−$2k
’21
−$24k
’22
−$15k
’23
−$2k
’24
−$74k
’25

Leadership and staff

Board chair

Steve Wallschlager

Chair

As listed on its FY2025 Form 990-EZ.

03Who funds it

Who funds it, year by year

2018 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $5k → $1k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 86% 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 PINE RIVER WATERSHED ALLIANCE’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

PINE RIVER WATERSHED ALLIANCE leans on a few funders — its largest provides 64% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86% 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 PINE RIVER WATERSHED ALLIANCE.

64%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 95% · 2019 100% · 2020 96% · 2021 90% · 2022 91% · 2023 100% — growing more concentrated.

“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.

Where its funders are

86% of PINE RIVER WATERSHED ALLIANCE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6k that is directly attributable, 100% of it comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $40k arriving through sponsors registered in 2 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.

04Its place in the field

Organizations like PINE RIVER WATERSHED ALLIANCE

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 Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for PINE RIVER WATERSHED ALLIANCE: 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.

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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 PINE RIVER WATERSHED ALLIANCE?
PINE RIVER WATERSHED ALLIANCE (Minnesota) receives grants from 4 organizations whose IRS filings report $46,600 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($30,000). 3 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PINE RIVER WATERSHED ALLIANCE have?
IRS filings report 4 organizations giving $46,600 in grants to PINE RIVER WATERSHED ALLIANCE, 3 of which have funded it in more than one year.
Who is the largest funder of PINE RIVER WATERSHED ALLIANCE?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like PINE RIVER WATERSHED ALLIANCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 Pine River Watershed Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 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