Headwaters Economics

Headwaters Economics conducts independent research, develops practical tools, and works directly with communities to advance data-driven solutions for economic resilience and risk reduction. In 2025, our team delivered more than 65 briefings and presentations to elected officials, agencies, and community leaders, directly reaching more than 6,000 people. Our research was featured in more than 2,100 media stories and disseminated through dozens of original reports, peer-reviewed publications, interactive data tools, podcasts, and newsletters. See more at www.headwaterseconomics.org. Providing Economic Insights for Stronger CommunitiesClear, accessible economic data helps local leaders make better decisions. In 2025, we:Updated and maintained the Economic Profile System (EPS), a free tool delivering customized economic and demographic reports for communities, counties, Tribal areas, states, and regions used by planners, agencies, and local governments nationwide.Enhanced the Rural Capacity Map, an interactive tool identifying where staffing and expertise gaps limit communities' ability to pursue infrastructure and risk-reduction projects, and published peer-reviewed research on its utility for improving access to grants.Published a report identifying concrete strategies for rural communities to secure local benefits from large-scale development projects.Published a synthesis documenting how Montana Community Foundation used data to expand outreach to rural and Tribal communities.Strengthening the Outdoor Recreation Economy & Public LandsOutdoor recreation and public lands are significant economic drivers in communities across the West and beyond. In 2025, we:Delivered localized economic analyses and recommendations for economic development and outdoor recreation projects in Idaho, Montana, New Mexico, and Vermont.Published a report examining how wildfire risk and development constraints will limit housing options on public lands.Updated two widely used data visualizations illustrating visitation trends and economic contributions of national parks and outdoor recreation at the state level.Maintained three web-based data tools used by the U.S. Fish & Wildlife Service, Bureau of Land Management, and U.S. Forest Service to support land management, planning, and community engagement.Reducing Risk and Increasing Community StabilityAs disasters grow more frequently and costly, communities need rigorous, independent analysis to make informed decisions. In 2025, we:Provided technical assistance to 40 communities in 14 states to support wildfire and flood risk-reduction.Published a report finding that more than 1,100 communities across the U.S. face wildfire risk comparable to recent urban disasters, equipping planners and policymakers with data to prioritize action.Published a peer-reviewed journal article and companion report documenting how wildfire insurance market disruptions cascade into local and state budget pressures research informing legislative and regulatory discussions.Published analyses showing that building wildfire-resistant structures after disasters could save billions of dollars, and that next-generation wildfire risk models must account for the built environment.Released a report demonstrating that reclaiming abandoned mines can reduce harmful and costly flood disasters, providing a concrete strategy for community protection.Published findings that states must modernize stream crossing standards to protect communities from flooding, and a separate report on wildfire strategies for historic buildings.Co-hosted a Tribal Emergency Manager Summit convening leaders from a five-state region to strengthen cross-jurisdictional coordination.Conducted an independent evaluation of the USDA Forest Service's Community Wildfire Defense Grants (CWDG), assessing its effectiveness in reaching high-need communities.Maintained and expanded widely used public data tools, including Wildfire Risk to Communities (in partnership with the U.S. Forest Service), Neighborhoods at Risk, grant funding dashboards for CWDG and Slip-On Tanker programs, and data visualizations tracking wildfire structure losses and ignition causes.

IRS Form 990 Part III, fiscal year 2025, signed under penalty of perjury.