Nonprofit · EIN 46-3255354
BROAD WATER INNOVATIONS
Tax-exempt · RICHMOND, VA 23227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $534,244 | $431,271 | $102,973 | $436,262 | $2,703 | $433,559 |
| December 31, 2023 | 990 | $536,618 | $256,884 | $279,734 | $332,242 | $1,656 | $330,586 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $521,993
- Investment income
- $12,251
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $52,742
- Salaries, compensation and benefits (total)
- $164,427
- Professional fundraising fees
- $0
- Legal fees
- $124,876
- Accounting fees
- $14,804
- Occupancy
- $5,500
- Travel
- $3,891
- Program services (functional)
- $342,990
- Management and general (functional)
- $88,281
Balance sheet and other
- Total assets, start of year
- $332,242
- Total assets, end of year
- $436,262
- Total liabilities, end of year
- $2,703
- Net assets, end of year
- $433,559
- Publicly traded securities
- $233,722
- Gross receipts
- $534,244
- Employees
- 5
- Year formed
- 2018
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS CLARKSON | EXECUTIVE DI Officer | 40 | $100,000 |
| KERRY HUTCHERSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JAMES PARKER | TREASURER Trustee or director, Officer | 1 | $0 |
| AARON REVERE | FINANCIAL CO Trustee or director | 1 | $0 |
| KYLE HART | FINANCIAL CO Trustee or director | 1 | $0 |
| TARA KELLY | DIRECTOR Trustee or director | 1 | $0 |
| DARIN STRICKLAND | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS CLARKSON | EXECUTIVE DI Officer | 30 | $75,000 |
| KERRY HUTCHERSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JAMES PARKER | TREASURER Trustee or director, Officer | 1 | $0 |
| AARON REVERE | DIRECTOR Trustee or director | 1 | $0 |
| KYLE HART | DIRECTOR Trustee or director | 1 | $0 |
| TARA KELLY | DIRECTOR Trustee or director | 1 | $0 |
| DARIN STRICKLAND | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4525 E SEMINARY AVE, RICHMOND, VA 23227-5005
- Mailing address (990-N for 2019)
- 4525 EAST SEMINARY AVE, RICHMOND VA 23227
- Principal officer (990 for 2024)
- THOMAS CLARKSON, 2108 W LABURNUM AVE SUITE 115, RICHMOND, VA 23227
- Principal officer (990-N for 2019)
- TEE CLARKSON, 4525 EAST SEMINARY AVE, RICHMOND VA 23227
- Signed the 990
- THOMAS CLARKSON, EXECUTIVE DIRECTOR
- Phone
- (804) 687-1869
- Website
- BROADWATERINNOVATIONS.ORG
- Return prepared by
- HARRIS HARDY & JOHNSTONE PC
Mission
CONSERVATION EASEMENT HOLDER AND LONG-TERM STEWARD OF WETLAND, STREAM, AND SPECIES MITIGATION BANKS.
Program accomplishments
- ACQUIRES, HOLDS, MAINTAINS, CONSERVES, AND PROTECTS LAND OR LAND INTEREST IN PERPETUITY AND TO PROVIDE AND PRESERVE OUTDOOR RECREATION, NATURAL OPEN SPACE, AND BIODIVERSITY. PROMOTES PUBLIC AWARENESS AND EDUCATION TO THE VALUE AND BENEFIT OF PARTICULAR PROGRAMS AND POLICIES FOR THE MANAGEMENT OF ENVIRONMENTAL ISSUES AND CONDITIONS.Expenses $342,990 · revenue $521,993
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3255354
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C60)
- Assets (IRS master file)
- $436,262
- Income (IRS master file)
- $534,244
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $534,244 | $431,271 | $436,262 | XML |
| 990 | December 2023 | $536,618 | $256,884 | $332,242 | XML |
| 990 | December 2022 | $152,691 | $170,719 | $43,913 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: TEE CLARKSON | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3255354).
Questions about BROAD WATER INNOVATIONS
- What is the EIN of BROAD WATER INNOVATIONS?
- The employer identification number (EIN) of BROAD WATER INNOVATIONS is 46-3255354.
- Is BROAD WATER INNOVATIONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BROAD WATER INNOVATIONS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BROAD WATER INNOVATIONS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BROAD WATER INNOVATIONS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BROAD WATER INNOVATIONS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BROAD WATER INNOVATIONS?
- The 990 for the year ended December 31, 2024 names THOMAS CLARKSON.
- Who are the officers and directors of BROAD WATER INNOVATIONS?
- The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $100,000 (THOMAS CLARKSON, EXECUTIVE DI).
- How much revenue does BROAD WATER INNOVATIONS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $534,244, expenses of $431,271 and total assets of $436,262 at year end.
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