Friends Of The Mad River
- Assets
- $503.8k
- Revenue
- $306.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Waitsfield, VT
- Founding
- 02/1998
- Data as of
- 03/2022
- EIN
- 03-0348974
Organization Overview
Friends Of The Mad River is located in Waitsfield, VT. The organization was established in 1998. 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 03/2022, Friends Of The Mad River employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Mad River 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 03/2022, Friends Of The Mad River generated $306.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $234.1k during the year ending 03/2022. While expenses have increased by 5.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF THE MAD RIVER (FMR) IS DEDICATED TO STEWARDING THE MAD RIVER VALLEY'S HEALTHY LAND AND CLEAN WATER FOR OUR COMMUNITY AND FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKED WITH COMMUNITY MEMBERS AND PARTNERS TO: PLAN FOR A CLIMATE RESILIENT COMMUNITY; "SLOW, SPREAD, AND SINK" STORM RUNOFF; RESTORE RIPARIAN BUFFERS; IMPROVE TRANSPORTATION INFRASTRUCTURE TO REDUCE ENVIRONMENTAL IMPACTS; MONITOR WATER QUALITY; AND PROVIDE EDUCATION AND TECHNICAL ASSISTANCE FOR WATERSHED PLANNING AND LAND MANAGEMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corrie Miller Executive Director | Officer | 40 | $58,415 |
Edward Farquhar President | OfficerTrustee | 2 | $0 |
Matthew Williams Vice President | OfficerTrustee | 2 | $0 |
F Kincaid Perot Secretary | OfficerTrustee | 2 | $0 |
John Sucosh Norton Treasurer | OfficerTrustee | 2 | $0 |
Eve Frankel Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,380 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,274 |
| Total Program Service Revenue | $1,200 |
| Investment income | $1,155 |
| 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 | $306,629 |
| 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. | $72,484 |
| Compensation of current officers, directors, key employees. | $14,497 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,654 |
| Pension plan accruals and contributions | $922 |
| Other employee benefits | $0 |
| Payroll taxes | $8,461 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,553 |
| Advertising and promotion | $0 |
| Office expenses | $2,836 |
| Information technology | $3,605 |
| Royalties | $0 |
| Occupancy | $3,900 |
| Travel | $867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $997 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $518 |
| Insurance | $3,250 |
| All other expenses | $0 |
| Total functional expenses | $234,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,510 |
| Savings and temporary cash investments | $308,133 |
| Pledges and grants receivable | $30,372 |
| 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 | $1,029 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,747 |
| Total assets | $503,791 |
| Accounts payable and accrued expenses | $3,463 |
| 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 | $3,463 |
| Net assets without donor restrictions | $492,269 |
| Net assets with donor restrictions | $8,059 |
| 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 | $503,791 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Friends Of The Mad River has recieved totaling $44,329.
| Awarding Organization | Amount |
|---|---|
High Meadows Fund Inc Middlebury, VT PURPOSE: TO SUPPORT EFFORTS THAT BUILD RESILIENCE AND CLEAN WATER IN THE MAD RIVER WATERS | $15,250 |
Watersheds United Vermont Inc Montpelier, VT PURPOSE: WATERSHED PLANNING | $12,715 |
Essex County Community Foundation Incorporated Danvers, MA | | $6,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $5,325 |
Winthrop H Smith Jr Charitable Foundation Inc Stamford, CT PURPOSE: TO PROMOTE THE ORGANIZATION'S EXEMPT PURPOSES. | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |
Resilient Cities Catalyst Inc Brooklyn, NY | $643,141 | $1,468,241 |
Coral Reef Foundation New York, NY | $206,585 | $50,003 |