Warriors & Quiet Waters Foundation
Warriors & Quiet Waters Foundation demonstrates strong asset growth and zero reported officer compensation over a decade.
EIN: 208837637 · Bozeman, MT · NTEE: E50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.6M |
| Total Expenses | $3.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $23.9 |
| Net Assets | $21.9M |
| Transparency Score | 92/100 |
Is Warriors & Quiet Waters Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warriors & Quiet Waters Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warriors & Quiet Waters Foundation
Warriors & Quiet Waters Foundation (EIN: 208837637) is a nonprofit organization based in Bozeman, MT, classified under NTEE code E50. The organization reported total revenue of $16.6M and total assets of $28.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warriors & Quiet Waters Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warriors & Quiet Waters Foundation is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$706K |
| Total Assets | $23.9M |
| Total Liabilities | $2.0M |
| Net Assets | $21.9M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 8.5% |
| Months of Reserves | 74.5 months |
Financial Health Grade: A
In 2023, Warriors & Quiet Waters Foundation reported a surplus of $706K with revenue exceeding expenses, holds 74.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Warriors & Quiet Waters Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.2% | +6.2% | +14.2% |
| 2022 | -3.8% | +40.7% | -11.5% |
| 2021 | -31.2% | +60.8% | +7.1% |
| 2020 | +46.3% | -12.8% | +24.4% |
| 2019 | -8.8% | +18.1% | +19.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Warriors & Quiet Waters Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Warriors & Quiet Waters Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $706K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of its size with assets of $23.9 million and annual revenues exceeding $3.5 million, suggesting either a fully volunteer leadership or compensation being reported under different categories not captured by 'officer compensation'.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Warriors & Quiet Waters Foundation's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
The following positive indicators were identified for Warriors & Quiet Waters Foundation:
- Strong and consistent asset growth, from $1.2M in 2014 to $23.9M in 2023.
- Consistent reporting of 0% officer compensation, indicating a strong focus on mission-related spending.
- Revenue consistently exceeds expenses in most years, allowing for financial stability and growth.
- Low liabilities relative to assets, indicating strong financial management.
- Regular and consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Warriors & Quiet Waters Foundation
Is Warriors & Quiet Waters Foundation a legitimate charity?
Warriors & Quiet Waters Foundation (EIN: 208837637) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.6M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Warriors & Quiet Waters Foundation spend its money?
Warriors & Quiet Waters Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Warriors & Quiet Waters Foundation tax-deductible?
Warriors & Quiet Waters Foundation is registered as a tax-exempt nonprofit (EIN: 208837637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Warriors & Quiet Waters Foundation CEO make?
Warriors & Quiet Waters Foundation's highest-compensated officer earns $23.9 annually. The organization reported $16.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Warriors & Quiet Waters Foundation's spending goes to programs?
Warriors & Quiet Waters Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Warriors & Quiet Waters Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Warriors & Quiet Waters Foundation is above average for NTEE category E50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Warriors & Quiet Waters Foundation located?
Warriors & Quiet Waters Foundation is headquartered in Bozeman, Montana and files with the IRS under EIN 208837637. It is classified under NTEE code E50.
How many years of IRS 990 filings does Warriors & Quiet Waters Foundation have?
Warriors & Quiet Waters Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.6M in total revenue.
Is Warriors & Quiet Waters Foundation a good charity?
Based on the provided IRS 990 data, Warriors & Quiet Waters Foundation appears to be a very good charity. It exhibits strong financial health, consistent asset growth, and a remarkable commitment to transparency by reporting 0% officer compensation for over a decade. Its spending efficiency, with expenses consistently lower than revenue, suggests a high proportion of funds are directed towards its programs.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $974,890 in 2014 to $4,556,103 in 2023, and assets have increased from $1,199,481 to $23,896,502 in the same period, demonstrating substantial growth and financial stability.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, indicating that no compensation is paid to officers, directors, trustees, or key employees. This suggests a highly volunteer-driven leadership or an alternative compensation structure not categorized as 'officer compensation'.
Does the organization manage its liabilities effectively?
The organization appears to manage its liabilities effectively. While liabilities have increased from $35,085 in 2014 to $2,030,386 in 2023, they remain a small fraction of total assets ($23,896,502 in 2023), indicating a healthy balance sheet and low financial risk.
Filing History
IRS 990 filing history for Warriors & Quiet Waters Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Warriors & Quiet Waters Foundation's revenue has grown by 858.4%, moving from $475K to $4.6M. Total assets increased by 4061.7% over the same period, from $574K to $23.9M. Total functional expenses rose by 1710.6%, from $213K to $3.8M. In its most recent filing year (2023), Warriors & Quiet Waters Foundation reported a surplus of $706K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $23.9M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $21.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $3.8M | $23.9M | $2.0M | — | — |
| 2022 | $3.6M | $3.6M | $20.9M | $1.2M | — | View 990 |
| 2021 | $3.7M | $2.6M | $23.6M | $1.2M | — | View 990 |
| 2020 | $5.4M | $1.6M | $22.1M | $1.2M | — | — |
| 2019 | $3.7M | $1.8M | $17.7M | $1.2M | — | View 990 |
| 2018 | $4.0M | $1.6M | $14.8M | $1.2M | — | View 990 |
| 2017 | $3.1M | $1.2M | $11.8M | $67K | — | View 990 |
| 2016 | $3.6M | $1.0M | $9.8M | $45K | — | View 990 |
| 2015 | $6.9M | $827K | $7.3M | $42K | — | View 990 |
| 2014 | $975K | $674K | $1.2M | $35K | — | View 990 |
| 2013 | $516K | $378K | $865K | $2K | — | View 990 |
| 2012 | $431K | $279K | $726K | $8 | — | View 990 |
| 2011 | $475K | $213K | $574K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $3.8M, and assets of $23.9M (revenue +28.2% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.6M, and assets of $20.9M (revenue -3.8% year-over-year).
- 2021: Revenue of $3.7M, expenses of $2.6M, and assets of $23.6M (revenue -31.2% year-over-year).
- 2020: Revenue of $5.4M, expenses of $1.6M, and assets of $22.1M (revenue +46.3% year-over-year).
- 2019: Revenue of $3.7M, expenses of $1.8M, and assets of $17.7M (revenue -8.8% year-over-year).
- 2018: Revenue of $4.0M, expenses of $1.6M, and assets of $14.8M (revenue +30.7% year-over-year).
- 2017: Revenue of $3.1M, expenses of $1.2M, and assets of $11.8M (revenue -15.5% year-over-year).
- 2016: Revenue of $3.6M, expenses of $1.0M, and assets of $9.8M (revenue -47.5% year-over-year).
- 2015: Revenue of $6.9M, expenses of $827K, and assets of $7.3M (revenue +612.2% year-over-year).
- 2014: Revenue of $975K, expenses of $674K, and assets of $1.2M (revenue +89.1% year-over-year).
- 2013: Revenue of $516K, expenses of $378K, and assets of $865K (revenue +19.7% year-over-year).
- 2012: Revenue of $431K, expenses of $279K, and assets of $726K (revenue -9.4% year-over-year).
- 2011: Revenue of $475K, expenses of $213K, and assets of $574K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warriors & Quiet Waters Foundation:
Data Sources and Methodology
This transparency report for Warriors & Quiet Waters Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.