Streams & Valleys INC EIN 23-7109965

Streams & Valleys INC

EIN  23-7109965 Public charity (501(c)(3)) Fort Worth, TX
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Improves Trinity River access, recreation, and beautification for Fort Worth.
Leadership
Jennifer Harnish · Chairman
Money in and out
$636K revenue, $475K expenses
Bottom line
85% program efficiency

Improves Trinity River access, recreation, and beautification for Fort Worth. For fiscal year 2024 it reported $636K in revenue, $475K in expenses, and $947K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$636K
Pt VIII · Ln 12
Total expenses
$475K
Pt IX · Ln 25
Net assets
$947K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $162K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program efficiency
85%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
24.2mo
months of highly liquid reserves at operating expense rate▲ +57% vs prior filing year
Surplus margin
+25%
revenue over expenses, this year▲ ×25 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$636K
FY2024▲ +15%
Expenses
$475K
FY2024▼ -15%
Total assets
$959K
FY2024▲ +9%
Total liabilities
$12K
FY2024▲ +66%
Total revenue
$636K
Pt VIII · Ln 12
Total expenses
$475K
Pt IX · Ln 25
Net assets
$947K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$162K
Total assetsPt X · Ln 16$959K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 329
Independent voting membersPt I · Ln 429
Mission & Programs · Part III

Where the work happens

3 program services account for $404K of program spending, described in the organization's own filed words · FY2024.
01

Streams and valleys serves a critical advocacy role for the trinity river in fort worth. Through beautification and recreational projects, access and enjoyment of the river environment is shared throughout the community.

$196Kprogram expense
02

See schedule othe founders of streams and valleys set in place a project-funding mechanism that has served its community exceptionally well throughout a 50 year history. With the understanding that the river corridor is owned and maintained by two government agencies, the tarrant regional water district and the city of fort worth, it was…

$164Kprogram expense
03

Streams and valleys sponsors awareness programs throughout the year to highlight and draw citizens to the trinity river and its tributaries for recreation and relaxation. The organization periodically hosts special events or exhibitions that highlight the river in our community wheather it be through community biking and running…

$45Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CStreams & Valleys INC
EINHdr · item D23-7109965
Principal addressHdr · item CFort Worth, TX
WebsiteHdr · item Jstreamsandvalleys.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C500)
Ruling yearIRS BMFMay 1971

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a29
Independent voting membersPt VI · Ln 1b29
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Ex-Officio
$0Pt VII · Sec A
$0Pt VII · Sec A
Ex-Officio
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$784K · 123%
Investment income$22K · 3%
Contributions & grants123%$784K
Investment income3%$22K
Total revenueLn 12$636K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.10 Fundraising $0.05
Program services85%$404K
Management & general10%$47K
Fundraising5%$24K
Total functional expensesLn 25$475K

Balance Sheet

Part X · end of year
CashLn 1$959K
Total assetsLn 16$959K
Total liabilitiesLn 26$12K
Total net assetsLn 32$947K
Months of cash on handcomputed24.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $959K · Operating expenses/yr $475K
24.2 months
Where the money goes
Program services
Program services $404K · Total expenses $475K
85%
Management & General
Management & general $47K · Total expenses $475K
10%
Fundraising
Fundraising $24K · Total expenses $475K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $24K · Solicited contributions (3-yr avg) $664K
$0.04 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $784K · Total revenue $636K
123%
Government reliance
Government grants — · Total revenue $636K
Earned-income share
Program service revenue $0 · Total revenue $636K
0%
Investment reliance
Investment income $22K · Total revenue $636K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $475K
0%
Growth & trend
Revenue growth (YoY)
This year $636K · Prior year $552K
+15%
Revenue CAGR
FY2020 $202K · FY2024 $636K
+33%
Net-asset trend (YoY)
End of year $947K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $636K · Expenses $475K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $959K
Net-asset ratio
Net assets $947K · Total assets $959K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $959K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Harnish · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $475K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $91K · Total expenses $475K
19%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 10%
Fundraising cost ratio 3%
Revenue growth 15%
Legal fee ratio 1%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 5 grants · $350K · 2020–2024
City of Fort WorthFY2024$25,000
City of Fort WorthFY2023$200,000
City of Fort WorthFY2023$35,000
City of Fort WorthFY2022$50,500
University of Texas ArlingtonFY2020$40,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$636K revenue · viewing · ⤓ 990 PDF
FY2023$552K revenue · ⤓ 990 PDF
FY2022$477K revenue · ⤓ 990 PDF
FY2021$598K revenue · ⤓ 990 PDF
FY2020$202K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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