Montana · Nonprofit
PROJECT WET FOUNDATION INC
PROJECT WET FOUNDATION INC (Montana) receives grants from 10 organizations whose IRS filings report $1,517,908 to it, the largest being THE BLACKBAUD GIVING FUND ($685,566). 5 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $711k
- Funders on record
- 10
- Grants received
- $1.5M
- Net assets
- $407k
What Project Wet Foundation Inc does
Mission
The mission of the project wet foundation is to advance water education to understand global challenges and inspire local actions.
As stated on its FY2025 Form 990.
Program
At a time when water resources and critical infrastructure face many threats around the world, the project wet foundation inspires local action that supports water access and understanding of responsible water stewardship, encouraging a sustainable future. The project wet foundation works with partners in more than 80 countries and all 50 u.s. States and territories to deliver hands-on education about water. Through this network, the organization trains thousands of educators, corporate employees, parents, and community members, annually reaching and inspiring action by more than 2.5 million people.
$503,283 spent$607,441 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $503,283.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2017 to 2018, from $2.9M to $2.1M (−27%).
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.
Government-grant reliance: 2020 44% · 2021 30% · 2022 6% · 2023 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
8% of PROJECT WET FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 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.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $13k → $200k.
6 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% 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 PROJECT WET FOUNDATION INC’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
PROJECT WET FOUNDATION INC leans on a few funders — its largest provides 45% of grant income and the top three 84%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
95% 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 PROJECT WET FOUNDATION INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 98% · 2020 52% · 2021 53% · 2022 57% · 2023 40% — 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
20% of PROJECT WET FOUNDATION INC's funders are still giving 3 years after their first grant; 50% 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
58% of PROJECT WET FOUNDATION INC'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 $630k that is directly attributable, 100% of it comes from funders outside Montana, across 4 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $888k arriving through sponsors registered in 6 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
PROJECT WET FOUNDATION INC's revenue fell 42% between 2017 and 2025.
this organization peer median middle 50% of peers· 2,606 environment nonprofits $100k–$1M, FY2025
Government funding PROJECT WET FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $136k on record — $99k federal, $37k state.
- Environmental Protection Agency$98k
- Department of the Interior$1k
- CT$18k
- NJ$17k
- VT$709
- OR$550
- OK$400
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like PROJECT WET FOUNDATION INC
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 Montana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
66% of spending goes to programs.
Governance
Public support
54%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for PROJECT WET FOUNDATION INC: 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 PROJECT WET FOUNDATION INC?
- PROJECT WET FOUNDATION INC (Montana) receives grants from 10 organizations whose IRS filings report $1,517,908 to it, the largest being THE BLACKBAUD GIVING FUND ($685,566). 5 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does PROJECT WET FOUNDATION INC have?
- IRS filings report 10 organizations giving $1,517,908 in grants to PROJECT WET FOUNDATION INC, 5 of which have funded it in more than one year.
- Who is the largest funder of PROJECT WET FOUNDATION INC?
- THE BLACKBAUD GIVING FUND is the largest funder on record, with $685,566 in grants. The full list of funders is on this page.
- How can an organization like PROJECT WET FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Montana. 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 Project Wet →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 10 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 22, 2026. What this page cannot tell you · view filing