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North Carolina · Nonprofit

WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek

WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek (North Carolina) receives grants from 4 organizations whose IRS filings report $57,500 to it, the largest being HILLSDALE FUND ($42,000). 2 of them have funded it in more than one year.

Revenue FY2025
$13k
Funders on record
4
Grants received
$58k
Net assets
$8k
2/4 repeat funderspeak grant-dependency 84%
01What it does

What WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek does

Mission

Preservation and protection of the Big Elkin Creek Watershed and the water supply of Elkin, NC through education, stewardship, listening to landowners and farmers, stream restoration projects and assistance to the Town of Elkin as it implements preservation and protection measures in the Big Elkin Creek Watershed Water Supply Overlay District.

As stated on its FY2025 Form 990-EZ.

Programs

  1. 28. Contracted with G&B Energy to provide funding for Watershed Protection Coordinator to develop and coordinate programs and projects in coordination with Explore Elkin to protect the Big Elkin Creek Watershed.

    $11,500 spent
    88% of program spending
  2. 29 Provide Funding for a Music and Nature Camp during the summer. It benefits 50 Students with immersion and appreciation of music and the environment.

    $1,500 spentof which $1,500 as grants
    12% of program spending
  3. Collaborated with the Environmental Engineering Department of Wake Forest University to install a turbidity monitor in the Big Elkin Creek to obtain hourly data on the turbidity of the Creek. A sensor was placed in the Creek near a well travelled park trail along the Creek with online connection equipment on the stream bank with signage explaining the effects of turbidity on Creek pollution and ecosystem compromise. 50-100 people pass by this site daily with opportunity for watershed education. Participated in an Earth to Elkin event for Earth Day providing information on environmental issues in Elkin and protective measures. Participated in NC Trail Days in Elkin with booth providing environmental education. Completed a rain garden rejuvenation and stormwater runoff management presentation with the Elkin Middle School 7th graders. This included 100 students.

    $0 spent
    0% of program spending

The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $13,000.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($8k) Expenses 100 ($15k) Net assets 100 ($30k)2022 Revenue 191 ($16k) Expenses 128 ($20k) Net assets 86 ($26k)2023 Revenue 139 ($11k) Expenses 171 ($26k) Net assets 37 ($11k)2024 Revenue 205 ($17k) Expenses 96 ($15k) Net assets 43 ($13k)2025 Revenue 164 ($13k) Expenses 117 ($18k) Net assets 28 ($8k)
20212022202320242025
Revenue (164)Expenses (117)Net assets (28)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $26k to $11k (−57%).

$30k
$26k
$11k
$13k
$8k
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

100% of WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek’s revenue is contributions — more reliant on donations than three-quarters of its peers (92% for the typical peer).

This organization
Typical peer · 3,989 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 reported years ran a deficit.

−$7k
’21
−$4k
’22
−$15k
’23
$2k
’24
−$5k
’25

Leadership and staff

Board chair

Logan Haynes

Watershed Protection Coordinator/Chair

As listed on its FY2025 Form 990-EZ.

03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $31k → $4k.

From the IRS filings of WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek’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

WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek leans on a few funders — its largest provides 73% of grant income and the top three 95%; half comes from just 1 funder.

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

73%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 97% · 2018 100% · 2019 100% · 2020 100% · 2021 82% · 2022 92% · 2023 75% — 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.

Where its funders are

92% of WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek's grant income comes from North Carolina funders.

NY
NC

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

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. 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

Against its field

WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek has grown faster than three-quarters of the 2,195 environment nonprofits its size.

Operating margin−36% · bottom quartile
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 2,195 environment nonprofits under $100k, FY2025

Organizations like WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek

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 North Carolina

Nationally

05Profile & governance

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

Public support

98%

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

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek: 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 WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek?
WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek (North Carolina) receives grants from 4 organizations whose IRS filings report $57,500 to it, the largest being HILLSDALE FUND ($42,000). 2 of them have funded it in more than one year.
How many funders does WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek have?
IRS filings report 4 organizations giving $57,500 in grants to WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek, 2 of which have funded it in more than one year.
Who is the largest funder of WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek?
HILLSDALE FUND is the largest funder on record, with $42,000 in grants. The full list of funders is on this page.
How can an organization like WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 WATERSHED NOW INC aka Watershed NOW aka Friends of Big Elkin Creek →

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