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Vermont · Nonprofit

WATERSHEDS UNITED VERMONT INC

WATERSHEDS UNITED VERMONT INC (Vermont) receives grants from 6 organizations whose IRS filings report $697,190 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($250,000). 5 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$2.4M
Funders on record
6
Grants received
$697k
Net assets
$97k
5/6 repeat funderspeak grant-dependency 53%
01What it does

What Watersheds United Vermont Inc does

Mission

Wuvs mission is to empower community-based watershed groups in all parts of the state to protect and restore vermonts waters.

As stated on its FY2024 Form 990.

Program

  1. Watersheds united vermont (wuv) worked in 2024 to further our mission of empowering community-based watershed organizations to protect and restore vermonts waters. Wuv focused on three main areas: providing resources, training and information to watershed groups, facilitating connections and collaboration among watershed groups and partners, and acting as a voice for groups at the state level. Wuv continues to operate subgrant programs for watershed organizations and partners for: riparian buffer planting, clean water project development, clean water project design and implementation, dam removal design and implementation,capacity building, watershed planning and education and outreach. Most of these programs were funded through the vermont department of environmental conservations block grant program. The private organization pur projet also contributed funds for wuv to subgrant to support tree planting in vermont and the fidelity charitable trust contributed funds fof an education and outreach subgrant program. Wuv also worked with the vermont community foundation to support their healthy watersheds initiative by working with 12 watershed groups across vermont on projects to…

    $2,649,962 spentof which $2,434,554 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,649,962.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($160k) Expenses 100 ($97k) Net assets 100 ($63k)2020 Revenue 291 ($466k) Expenses 479 ($465k) Net assets 103 ($65k)2021 Revenue 365 ($584k) Expenses 480 ($465k) Net assets 290 ($184k)2022 Revenue 544 ($871k) Expenses 924 ($895k) Net assets 253 ($160k)2023 Revenue 1217 ($1.9M) Expenses 1804 ($1.7M) Net assets 568 ($359k)2024 Revenue 1499 ($2.4M) Expenses 2747 ($2.7M) Net assets 154 ($97k)
201920202021202220232024
Revenue (1499)Expenses (2747)Net assets (154)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 $324k to $503k (+55%).

$66k
$173k
$217k
$324k
$503k
$511k
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 80% · 2022 87% · 2023 91% · 2024 91%. Grants only. Government contracts and fees sit inside program revenue.

100% of WATERSHEDS UNITED VERMONT INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 2,293 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$63k
’19
$2k
’20
$119k
’21
−$24k
’22
$199k
’23
−$262k
’24
0.8
months of
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.

Chief executive

Carolyn Munno

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

20202021202220232024
Listed12101088
Joined·+0+1+3+1
No longer listed·2151
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $85k → $153k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 66% 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 WATERSHEDS UNITED VERMONT 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

WATERSHEDS UNITED VERMONT INC leans on a few funders — its largest provides 36% of grant income and the top three 81%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

81% 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 WATERSHEDS UNITED VERMONT INC.

36%
largest funder
81%
top three
~4
effective funders

Largest funder’s share by year: 2019 82% · 2020 58% · 2021 42% · 2022 50% · 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

66% of WATERSHEDS UNITED VERMONT 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 $240k that is directly attributable, 71% of it comes from Vermont funders.

VT
IL
CA

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

’19
’20
’21
’22
’23
Vermont out of state home

Funder states come from each funder’s own filing. $458k 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

Against its field

WATERSHEDS UNITED VERMONT INC has grown faster than three-quarters of the 2,186 environment nonprofits its size.

Operating margin−11% · bottom quartile
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)72% · top quartile

this organization peer median middle 50% of peers· 2,186 environment nonprofits $1M–$10M, FY2024

Government funding WATERSHEDS UNITED VERMONT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10.0M on record — $320k federal, $9.7M state.

Federal$320k
grants $320kcontracts $0
Top agencies
  • Department of the Interior$320k
State$9.7M
19
20
21
22
23
24
25
26
Top programs
  • Grants$9.7M

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 WATERSHEDS UNITED VERMONT 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 Vermont

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

98%

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 WATERSHEDS UNITED VERMONT 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.

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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 WATERSHEDS UNITED VERMONT INC?
WATERSHEDS UNITED VERMONT INC (Vermont) receives grants from 6 organizations whose IRS filings report $697,190 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($250,000). 5 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WATERSHEDS UNITED VERMONT INC have?
IRS filings report 6 organizations giving $697,190 in grants to WATERSHEDS UNITED VERMONT INC, 5 of which have funded it in more than one year.
Who is the largest funder of WATERSHEDS UNITED VERMONT INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like WATERSHEDS UNITED VERMONT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 6 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