Friends Of The Colorado River Endowment is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (C11) the organization is classified as: Single Organization Support, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Colorado River Endowment 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 06/2022, Friends Of The Colorado River Endowment generated $6.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $2.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (33.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FRIENDS OF COLORADO RIVER ENDOWNMENT PROVIDES FINANCIAL SUPPORT TO THE FRIENDS OF COLORADO RIVER FOUNDATION. DUE TO LIMITED FUNDS, NO FINANCIAL SUPPORT GIVEN THIS YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Decosmo President | 1 | $0 | |
Mike Mchenry Vice Preside | 1 | $0 | |
Robert Neblett Treasurer | 1 | $0 | |
Ray Wilkerson Secretary | 1 | $0 | |
Steve Cooper Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,257 |
| Gain or Loss | $1,620 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,311 |
| Total expenses | $2,311 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $301,396 |
| Other assets | $0 |
| Total assets | $301,396 |
| Total liabilities | $0 |
| Net assets or fund balances | $301,396 |