Riverside Conservancy Inc is located in Edgewater, FL. The organization was established in 2017. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2022, Riverside Conservancy Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Conservancy 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 12/2022, Riverside Conservancy Inc generated $214.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 37.5% each year . All expenses for the organization totaled $278.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND EXPAND SUSTAINABLE LIVING SHORELINES THROUGH EDUCATIONAL OUTREACH AND LAND CONSERVANCY PROGRAMS THAT UTILIZE COMMUNITY-ENGAGED DESIGN AND TO PROMOTE THE HERITAGE OF WORKING WATERFRONTS AND HEALTHY HABITATS FOR THE BENEFIT OF THE INDIAN RIVER LAGOON AND FOR THE GREATER PUBLIC HEALTH, ECONOMIC PROSPERITY AND RECREATION OF THE SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHORELINE RESTORATION, REEF WALL CREATION, & OYSTER REEF ENHANCEMENT.THE RESTORATION OF SHORELINES (BY PLANTING AQUATIC GRASSES AND MANGROVES AND RESTORING OYSTER BEDS) FILTERS POLLUTION THAT WOULD OTHERWISE FLOW INTO WATERWAYS AND GROUND WATER AFTER RAIN STORMS. BECAUSE SHORELINE PLANTS AND OYSTERS ARE NATURE'S WATER FILTERS, LIVING SHORELINES BENEFIT THE OVERALL HEALTH OF OUR CITIZENS THROUGH CLEANING OUR WATERWAYS AND DRINKING WATER, CREATING HABITATS FOR WILDLIFE, PROTECTING OUR HOMES AND BUSINESSES FROM STORM SURGE, AND BEST OF ALL, MAKING OUR PARKS BEAUTIFUL!CREATION OF MANGROVE REEF WALLS TO ADD VISUAL AND FUNCTIONAL VALUE TO SEAWALLS; CREATE VERTICAL HABITAT SURFACES THAT FIT WITHIN THE SECTIONAL PROFILE OF MOST FLORIDA CANALS; OFFER A WALL SURFACE THAT AVOIDS RESTING ON THE SEA FLOOR, THEREBY DISRUPTING NATURAL HABITAT; HELP DISSIPATE SHORELINE WAVE ENERGY; HELP MINIMIZE INVASIVE SPECIES GROWTH; AND PROVIDE PLACES FOR FISH AND SHELLFISH TO HIDE AROUND CONSTRUCTED SHORELINES.RIVERSIDE CONSERVANCY IS PLEASED TO PARTNER WITH THE UNIVERSITY OF FLORIDA ON EFFORTS TO RESTORE CLAM POPULATIONS IN THE INDIAN RIVER LAGOON. DR. TODD OSBORN AT UF'S WHITNEY LAB HAS PLANTED MILLIONS OF CLAMS IN THE LAGOON, WHICH, WHEN FULL GROWN FILTER UP TO 20 GALLONS OF WATER PER DAY. BY RESTORING CLAM AND OYSTER POPULATIONS, THE CONSERVANCY AND OUR PARTNERS HELP IMPROVE WATER QUALITY. RIVERSIDE CONSERVANCY IS SUPPLEMENTING THIS EFFORT BY CONSERVING AND RESTORING NATURAL SHORELINES AND PROVIDING COMMUNITY OUTREACH. THE CONSERVANCY IS ALSO CONDUCTING WATER QUALITY MONITORING WITH THE HOPE OF DOCUMENTING LONG-TERM WATER QUALITY IMPROVEMENT IN THE LAGOON.
EDUCATION & OUTREACH EXPENSES.WE RECOGNIZE THAT EDUCATION IS AN IMPORTANT PART OF CONSERVATION. WHAT WE WANT TO ACHIEVE IS NOT ONLY PHYSICAL, BUT A CHANGE IN MINDSET. WE HOPE FOR FUTURE GENERATIONS TO UNDERSTAND THAT A HEALTHY COMMUNITY RELIES ON HARMONY BETWEEN ITS CITIZENS AND THE NATURE AROUND THEM. THROUGH THE RESTORATION AND ENHANCEMENT OF LANDS AND WATERWAYS WE CAN HELP CREATE A MORE PROSPEROUS AND HEALTHY SOCIETY. VOLUNTEERS AND PROGRAM PARTICIPANTS CAN LEARN IN THE FIELD, GETTING THEIR HANDS DIRTY IN FUN COASTAL ACTIVITIES AND CONTINUE THEIR KNOWLEDGE THROUGH RESEARCH OPPORTUNITIES, LIKE ATTENDING OUR ACADEMY! EVERYONE WILL HAVE THE ABILITY TO INTERNALIZE THE CORE VALUE OF BEING GOOD STEWARDS OF THE ENVIRONMENT, AND HOPEFULLY CAN BECOME AMBASSADORS TO INSPIRE THE PEOPLE AROUND THEM. AS THEIR KNOWLEDGE AND PARTICIPATION INCREASES, THERE WILL BE MORE PEOPLE WORKING TOWARD HEALTHY HABITATS, AND BENEFITING OUR ENTIRE COMMUNITY.
RIVERSIDE YOUNG LEADERS IN CONSERVATION PROGRAM (EIGHT COLLEGE STUDENTS PARTICIPATED IN THE YEAR-LONG PROGRAM).THIS PROGRAM IS DESIGNED FOR STUDENTS AND GENERATIONS OF THE FUTURE, CREATING AMBASSADORS FOR CONSERVATION THAT WILL CHANGE OUR ENVIRONMENT FOR THE BETTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Arthur Litowitz Treasurer | OfficerTrustee | 10 | $0 |
Dr Greg Wilson Chief Scientific Officer | OfficerTrustee | 10 | $0 |
Tom Barratt Director | OfficerTrustee | 10 | $0 |
Kelli Mcgee Executive Director | Officer | 20 | $44,535 |
Briana Peterson Operations Manager | Officer | 10 | $9,150 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,675 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $171,216 |
Noncash contributions included in lines 1a–1f | $66 |
Total Revenue from Contributions, Gifts, Grants & Similar | $178,891 |
Total Program Service Revenue | $35,500 |
Investment income | $110 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $214,501 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $15,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $56,475 |
Compensation of current officers, directors, key employees. | $18,825 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $51,638 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $634 |
Payroll taxes | $5,372 |
Fees for services: Management | $0 |
Fees for services: Legal | $59 |
Fees for services: Accounting | $10,601 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $526 |
Advertising and promotion | $1,336 |
Office expenses | $10,507 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,437 |
Travel | $1,199 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,916 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $278,282 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $75,620 |
Savings and temporary cash investments | $50,719 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $926,114 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $168,431 |
Total assets | $1,220,884 |
Accounts payable and accrued expenses | $3,875 |
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 | $3,875 |
Net assets without donor restrictions | $1,217,009 |
Net assets with donor restrictions | $0 |
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 | $1,220,884 |