Charity Search / SUPERIOR WATERSHED PARTNERSHIP
Environment (C32) 990 on File

SUPERIOR WATERSHED PARTNERSHIP

EIN: 38-3492677 · MARQUETTE, MI 49855-0000 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$7.1M
Total Revenue
$5.8M
Total Expenses
$9.0M
Net Assets
47
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.9%
Fundraising Efficiency N/A
Operating Reserve 18.61x
Liability-to-Asset 22.3%
Revenue Diversification 94.3%
Executive Compensation $162K
Compared with Peers
FY 2024
Compared with 1,437 similar organizations (United States, Environment, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.9% 82.0%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
4.1% 12.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 3.8%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
18.6 mo 13.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
22.3% 8.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
94.3% 90.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
10.7% 11.6%
P10P90
Expense growth
Year over year expense growth
30.7% 12.9%
P10P90
Surplus margin
Surplus as a share of revenue
18.1% 4.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $7.1M $5.8M $9.0M 95.9% 47
2023 $6.4M $4.4M $7.7M 95.0% 54
2022 $7.0M $4.3M $5.6M 95.4% 63
2021 $4.3M $4.0M N/A — 62
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Organization Details
EIN
38-3492677
State
MI
City
MARQUETTE
ZIP
49855-0000
Classification
C32
Category
Environment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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