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CHARITY REVIEW
Issued: January 2024 Expires: January 2026

Kentucky Waterways Alliance

Accredited Charity
Accredited Charity

Meets Standards
(502) 589-8008
330 N Hubbards Ln
Louisville, KY, 40207-2200
https://www.kwalliance.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Kentucky Waterways Alliance meets the 20 Standards for Charity Accountability.

Stated Purpose:
To protect, restore, and celebrate the unique waterways of the Commonwealth.

Year, State Incorporated:
1993, KY

Kentucky Waterways Alliance safeguards the state’s water resources through advocacy, education, and community engagement. It firmly believes that access to clean and safe water is a fundamental human right and that protecting waterways is vital to ensure a sustainable future. Its core objectives and programs focus on three areas. First, collaborating with local communities, government agencies, and other environmental organizations, it focuses on preserving and restoring watersheds across the state, enhancing water quality and habitat for aquatic life. Secondly, it actively engages in advocacy efforts at the local, state, and federal levels, promoting robust environmental policy that addresses water pollution, climate change impacts, and equitable water access. Lastly, Kentucky Waterways Alliance firmly believes in the power of education to drive change. It strives to raise awareness about water-related issues, inspiring residents to become stewards of their local water resources.

For the year ended December 31, 2022, Kentucky Waterways Alliance's program expenses were:

Program services $10,491,955
Total Program Expenses $10,491,955

Chief Executive
Michael Washburn, Executive Director

Chair of the Board
Mr. Martin Hjalm

Chair's Profession / Business Affiliation

Board Size
11

Paid Staff Size
5

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Radio, Grant proposals, Internet, Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 0.10%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Kentucky Waterways Alliance's IRS Form 990 for the year ended December 31, 2022.

Source of Funds
Government grants $4,935,971
All other contributions, gifts, grants $356,623
Investment income $42,590
Miscellaneous $2,354
Total Income $5,337,538

Programs: 97% Fundraising: 0% Administrative: 3%

Total Income $5,337,538
Total expenses: $10,832,257
  Program expenses $10,491,955
  Fundraising expenses $5,318
  Administrative expenses $334,984
  Other expenses $0
Income in Excess of Expenses $-5,494,719
Beginning Net Assets $429,910
Other Changes In Net Assets $17,568,840
Ending Net Assets $12,504,031
Total Liabilities $183,071
Total Assets $12,687,102
Ending net assets as reported above include $233,031 without donor restrictions and $12,271,000 with donor restrictions.

Total assets as reported above include $4,841 in property and equipment, net.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana