Up 0.8% from $24,139,256 in fiscal 2024.
The Water Research Foundation
Denver, Colorado - EIN 13-6211384 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Aug 18, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Aug 18, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
The Water Research Foundation reported $24,332,001 in revenue and $20,376,181 in expenses in fiscal 2025, a surplus of $3,955,820 for the year. Program services took $14,065,812 of expenses, or 69.0%. The organization closed the year with $51,688,003 in net assets - about 30.4 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
Revenue minus expenses: $3,955,820 in fiscal 2025.
$14,065,812 of $20,376,181 went to program services.
Total assets $62,602,447 minus total liabilities $10,914,444.
Peter Grevatt, Ceo/secretary, as reported on the fiscal-2025 Form 990, filed Aug 18, 2026. Total across all compensation columns.
Plus 1,000 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Aug 18, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.03 - $466,447 in fundraising expenses divided by $18,394,097 in total contributions.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $18,394,097 |
| Government Grants | $17,438,043 |
| All Other Contributions | $956,054 |
| Program Service Revenue | $3,859,002 |
| Investment Income | $1,932,695 |
| Other Revenue | $146,207 |
| Total Revenue (All Sources) | $24,332,001 |
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
of reserves - $51,688,003 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $1,698,015 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $62,602,447 |
| Total Liabilities | $10,914,444 |
| Liabilities as Share of Assets | 17.4% |
| Net Assets | $51,688,003 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Aug 18, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Peter Grevatt - Ceo/secretary | $500,596 | 2.46% |
| Tania Haskins - Chief Operating Officer | $354,647 | 1.74% |
| Allexis Vean - Chief Communications Officer | $282,104 | 1.38% |
| Kenan Ozekin - Chief Research Officer | $278,535 | 1.37% |
| Jeffrey Moeller - Director Of Research Services | $211,565 | 1.04% |
| Alice Fulmer - Director Of Subscriber Services | $204,205 | 1.00% |
| Julie Minton- Sr Acct - Manager - Strategic Engagement | $183,661 | 0.90% |
| Peter Rockvam - Director Of Accounting, Controller | $175,531 | 0.86% |
| Jennifer Stewart- Dir Of - Sponsored Programs (Until Nov '25) | $170,016 | 0.83% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Aug 18, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
32 voting members, 32 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Peter Grevatt | Ceo/secretary |
| Tania Haskins | Chief Operating Officer |
| Allexis Vean | Chief Communications Officer |
| Kenan Ozekin | Chief Research Officer |
| Jeffrey Moeller | Director Of Research Services |
| Alice Fulmer | Director Of Subscriber Services |
| Julie Minton- Sr Acct | Manager - Strategic Engagement |
| Peter Rockvam | Director Of Accounting, Controller |
| Jennifer Stewart- Dir Of | Sponsored Programs (Until Nov '25) |
| John Entsminger | Chair |
| Kyle Dreyfuss-Wells | Vice-Chair |
| Clifford Chan | Treasurer |
| Shane Chapman | Member At Large |
| Marilyn Towill | Director |
| Jeffrey Thompson | Director |
| Diane Taniguchi-Dennis | Director |
| Todd Swingle | Director |
| Beverley Stinson | Director |
| Lyndsey Rechtin | Director |
| Kishia Powell | Director |
| Cheryl Porter | Director |
| Shaun Pietig | Director |
| Brian Perkovich | Director |
| Cheryl Norton | Director |
| Andrew Lee | Director |
| Joone Kim-Lopez | Director |
| Randy Hayman | Director |
| Zeynep Erdal | Director |
| Angela Delillo | Director |
| David Coppes | Director |
| Mickey Conway | Director |
| Randy Conner | Director |
| Anselmo Collins | Director |
| Al Cho | Director |
| Angela Charles | Director |
| Laura Briefer | Director |
| Tad Bohannon | Director |
| John Balliew | Director |
| Colleen Arnold | Director |
| Marisella Aranguix-Cueto | Director |
| Sylvia Amparano | Director |
Governance Policy Flags - Fiscal 2025
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $100,000 in grants paid in fiscal 2025.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $24,139,256 | - |
| Fiscal 2025 | $24,332,001 | +0.8% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed Aug 18, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.