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Tennessee · Nonprofit

Wetlands America Trust Inc

Wetlands America Trust Inc (Tennessee) receives grants from 3 organizations whose IRS filings report $57,410 to it, the largest being ZYNE FAMILY FOUNDATION INC ($40,000). 2 of them have funded it in more than one year.

$19M
Revenue FY2025
3
Funders on record
$57k
Grants received
$88M
Net assets
2/3 repeat funderspeak grant-dependency 0%

Against its field

Wetlands America Trust Inc's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−12% · bottom quartile
Months of reserve0.5mo · bottom quartile
Revenue growth (annualized)−7% · bottom quartile

this organization peer median middle 50% of peers· 157 environment nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($34M) Expenses 100 ($26M) Net assets 100 ($69M)2018 Revenue 55 ($19M) Expenses 81 ($21M) Net assets 98 ($67M)2019 Revenue 100 ($34M) Expenses 130 ($33M) Net assets 100 ($69M)2020 Revenue 26 ($8.9M) Expenses 50 ($13M) Net assets 94 ($65M)2021 Revenue 360 ($123M) Expenses 411 ($105M) Net assets 126 ($87M)2022 Revenue 15 ($5.1M) Expenses 13 ($3.3M) Net assets 123 ($84M)2023 Revenue 43 ($15M) Expenses 50 ($13M) Net assets 127 ($87M)2024 Revenue 32 ($11M) Expenses 20 ($5.0M) Net assets 131 ($90M)2025 Revenue 57 ($19M) Expenses 85 ($22M) Net assets 128 ($88M)
'17'18'19'20'21'22'23'24'25
Revenue (57)Expenses (85)Net assets (128)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

83% of Wetlands America Trust Inc’s revenue is contributions — about as donation-reliant as the typical peer (88% for the typical peer).

This organization
Typical peer · 360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$8.7M
17
$1.8M
18
$1.1M
19
$3.8M
20
$18M
21
$1.8M
22
$1.8M
23
$6.0M
24
$2.4M
25
0.5
months of
reserve
02Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $2k → $5k.

From the IRS filings of Wetlands America Trust 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

Wetlands America Trust Inc leans on a few funders — its largest provides 70% 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

70%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 100%broadly stable.

“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

Wetlands America Trust Inc draws 100% of its grant income from funders outside Tennessee, across 3 states in all.

AL
GA
FL

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

22
23
Tennessee 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Wetlands America Trust Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

04Profile & 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
86%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 22 states

ND
MN
IL
MI
NY
MA
OR
PA
NJ
CA
KY
VA
MD
KS
AR
TN
NC
SC
OK
MS
AL
GA

Part of a family of 2 related entities

  • Ducks Unlimited Inc · exempt
  • Ducks Unlimited Group Return · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Wetlands America Trust 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Wetlands America Trust Inc?
Wetlands America Trust Inc (Tennessee) receives grants from 3 organizations whose IRS filings report $57,410 to it, the largest being ZYNE FAMILY FOUNDATION INC ($40,000). 2 of them have funded it in more than one year.
How many funders does Wetlands America Trust Inc have?
IRS filings report 3 organizations giving $57,410 in grants to Wetlands America Trust Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Wetlands America Trust Inc?
ZYNE FAMILY FOUNDATION INC is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like Wetlands America Trust Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. 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 FY2025 (financials across 2017–2025), and the filings of 3funders 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 August 27, 2026. What this page cannot tell you · view filing