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Florida · Nonprofit

Wounded Waters Inc

Wounded Waters Inc (Florida) receives grants from 4 organizations whose IRS filings report $19,540 to it, the largest being INDIAN RIVER COMMUNITY FOUNDATION INC ($10,000). 2 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$208k
Funders on record
4
Grants received
$20k
Net assets
$71k
2/4 repeat funderspeak grant-dependency 0%
01What it does

What Wounded Waters Inc does

Mission

Provide Outdoor Adventures to wounded warriors such as combat veterans, active duty military, & 1st responders as a relief from stress and PTSD.

As stated on its FY2025 Form 990.

Program

On its FY2025 return the organization reported starting a significant new program.

Food Distribution Program

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. During the year ended December 31, 2025, Wounded Waters, Inc. served veterans and first responders through its core programs of therapeutic fishing trips, scuba diving certification, and food distribution. The Organization conducted multiple fishing trips between February and August, serving a total of 13 veterans and first responders across scheduled outings. Wounded Waters became affiliated with SDI (Scuba Divers International) for dive training, purchasing six e-learning courses and certifying seven individuals in diving during the year. The Organization hosted the Circle of Heros Dive in September, with 13 veterans and first responders attending over two days. In March, the Organization purchased three steers, one goat, and one pig at the Indian River County Youth Livestock and Horticulture auction during the Firefighters Fair, coordinating with Dogs For Life, Inc. to distribute the meat to veteran and first-responder families.

    $118,488 spent$208,138 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $118,488.

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 ($114k) Expenses 100 ($85k) Net assets 100 ($29k)2022 Revenue 123 ($140k) Expenses 112 ($95k) Net assets 256 ($74k)2023 Revenue 124 ($142k) Expenses 226 ($192k) Net assets 80 ($23k)2024 Revenue 154 ($175k) Expenses 198 ($168k) Net assets 103 ($30k)2025 Revenue 183 ($208k) Expenses 196 ($167k) Net assets 246 ($71k)
20212022202320242025
Revenue (183)Expenses (196)Net assets (246)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 $74k to $23k (−69%).

$29k
$74k
$23k
$30k
$71k
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 Wounded Waters Inc’s revenue is contributions — more donation-reliant than the typical peer (84% for the typical peer).

This organization
Typical peer · 3,561 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$29k
’21
$45k
’22
−$51k
’23
$7k
’24
$41k
’25
4.1
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

Stephanie Klepac

Executive Director

As listed on its FY2025 Form 990.

03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5 → $535.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% 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 Wounded Waters 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

Wounded Waters Inc leans on a few funders — its largest provides 51% 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

92% 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 Wounded Waters Inc.

51%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 93% — 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

51% of Wounded Waters 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 $10k that is directly attributable, 100% of it comes from Florida funders.

FL

Funder states come from each funder’s own filing. $10k 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

Wounded Waters Inc runs a healthier operating margin than half of the 1,934 public benefit nonprofits its size.

Operating margin20% · above the median
Months of reserve4.1mo · below the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 1,934 public benefit nonprofits $100k–$1M, FY2025

Organizations like Wounded Waters 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 Florida

Nationally

05Profile & governance

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

Where the money goes

71% of spending goes to programs.

Program 71%Management 24%Fundraising 5%

Governance

8
board members
88%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

68%

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 Wounded Waters 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 Wounded Waters Inc?
Wounded Waters Inc (Florida) receives grants from 4 organizations whose IRS filings report $19,540 to it, the largest being INDIAN RIVER COMMUNITY FOUNDATION INC ($10,000). 2 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Wounded Waters Inc have?
IRS filings report 4 organizations giving $19,540 in grants to Wounded Waters Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Wounded Waters Inc?
INDIAN RIVER COMMUNITY FOUNDATION INC is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like Wounded Waters Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Wounded Waters →

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