Sound Rivers Inc
- Assets
- $1.7m
- Revenue
- $968.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, NC
- Founding
- 08/1982
- Data as of
- 12/2021
- EIN
- 58-1475258
Organization Overview
Sound Rivers Inc is located in Washington, NC. The organization was established in 1982. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2021, Sound Rivers Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sound Rivers Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sound Rivers Inc generated $968.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $827.5k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT AND ENHANCE THE TAR-PAMLICO AND NEUSE RIVERS AND WATERSHEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOCUS AND EFFORTS REVOLVED AROUND THE ORGANIZATION'S CORE PROGRAMS OF ENVIROMENTAL EDUCATION, ADVOCACY, AND RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather E Deck Executive Di | OfficerTrustee | 40 | $75,370 |
Joseth Bocook President | OfficerTrustee | 5 | $0 |
Katherine Castleman Vice Preside | OfficerTrustee | 2.5 | $0 |
Ann Marie Holder Treasurer | OfficerTrustee | 2.5 | $0 |
Mary Davidson Secretary | OfficerTrustee | 2.5 | $0 |
Adrian Atkinson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,291 |
| Membership dues | $51,317 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223,258 |
| All other contributions, gifts, grants, and similar amounts not included above | $425,018 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,884 |
| Total Program Service Revenue | $123,856 |
| Investment income | $48,376 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $54,063 |
| Net Income from Fundraising Events | $38,384 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $968,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,370 |
| Compensation of current officers, directors, key employees. | $10,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,363 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,121 |
| Payroll taxes | $27,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,053 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,229 |
| Advertising and promotion | $38,900 |
| Office expenses | $23,238 |
| Information technology | $9,716 |
| Royalties | $0 |
| Occupancy | $28,682 |
| Travel | $6,648 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,621 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,205 |
| Insurance | $14,360 |
| All other expenses | $6,350 |
| Total functional expenses | $827,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $465,068 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,302 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,858 |
| Net Land, buildings, and equipment | $154,146 |
| Investments—publicly traded securities | $1,021,772 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,680,146 |
| Accounts payable and accrued expenses | $32,018 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,018 |
| Net assets without donor restrictions | $1,460,830 |
| Net assets with donor restrictions | $187,298 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,680,146 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sound Rivers Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Anonymous Trust Raleigh, NC PURPOSE: MATCHING GIFT FOR GENERAL OPERATING SUPPORT | $2,000 |
Endowment Analysis
| Beg. Balance | $674,157 |
| Earnings | $97,412 |
| Other Expense | $27,211 |
| Ending Balance | $744,358 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Environmental Law Center Charlottesville, VA | $217,137,686 | $82,818,237 |
Tennessee Wildlife Federation Incorporated Nashville, TN | $6,311,367 | $5,679,425 |
Conservation Trust For North Carolina Raleigh, NC | $11,226,846 | $3,423,322 |
Council Of Landscape Architectural Registration Boards Inc Reston, VA | $4,896,864 | $4,194,234 |
North Carolina Sustainable Energy Association Raleigh, NC | $2,468,744 | $2,840,629 |
Elizabeth River Project Norfolk, VA | $12,795,047 | $7,512,633 |
Nc Warn Incorporated Durham, NC | $1,858,102 | $2,687,799 |
Upstate Forever Greenville, SC | $8,968,983 | $1,882,250 |
Dogwood Alliance Inc Asheville, NC | $4,669,914 | $2,991,809 |
Palmetto Pride The Governors Council On Beautification & Litter Columbia, SC | $5,198,151 | $1,873,312 |
North Carolina Conservation Network Raleigh, NC | $6,249,621 | $3,696,586 |
Mountaintrue Asheville, NC | $1,519,546 | $2,337,288 |