Downstream Project EIN 26-0310939

Downstream Project

EIN  26-0310939 Public charity (501(c)(3)) Berryville, VA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Promotes conservation by raising awareness of environmental issues through art and technology.
Leadership
William R Howard · Executive Director · $64K
Money in and out
$229K revenue, $184K expenses
Bottom line
47% program efficiency

Promotes conservation by raising awareness of environmental issues through art and technology. For fiscal year 2025 it reported $229K in revenue, $184K in expenses, and $110K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$110K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.47 Management & general $0.53
Program efficiency
47%
of spending reaches programs▼ -31% vs prior filing year
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate▲ +88% vs prior filing year
Surplus margin
+20%
revenue over expenses, this year▲ +182% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$229K
FY2025▲ +57%
Expenses
$184K
FY2025▲ +2%
Total assets
$113K
FY2025▲ +72%
Total liabilities
$4K
FY2025▲ +102%
Total revenue
$229K
Pt VIII · Ln 12
Total expenses
$184K
Pt IX · Ln 25
Net assets
$110K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$113K
Program-expense ratioPt IX · col B47%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $87K of program spending, described in the organization's own filed words · FY2024.
01

2) constituent resource management & partner capacity-buildingdownstream added two new organizations to our support of more than 18 conservation and watershed organizations through the implementation and maintenance of constituent resource management systems, including database configuration, integration with partner websites, and…

$52Kprogram expense
02

1) website development & digital infrastructure for conservation partnersdownstream provided website development, hosting, and technical support for 45 conservation and watershed organizations, enabling partners to share environmental information, engage communities, and support stewardship activities.

$33Kprogram expense
03

3) communications & educational mediaduring the fiscal year, downstream produced nonpartisan educational video content for conservation west virginia's "fix it" public education campaign, focusing on water infrastructure, watershed protection, and environmental health challenges impacting communities statewide.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDownstream Project
EINHdr · item D26-0310939
Principal addressHdr · item CBerryville, VA
WebsiteHdr · item Jwww.thedownstreamproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C32)
Ruling yearIRS BMFMar 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$64,350Pt VII · Sec A
President and Founder
$0Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Director
$0Pt VII · Sec A

William R Howard’s $64K as Executive Director is at the 45th percentile of top reported officer pay among 1981 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
William R Howard$64,350$65,076$77,390$64,350$58,500$60,750

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$148K · 65%
Program service revenue$78K · 34%
Investment income$3K · 1%
Contributions & grants65%$148K
Program service revenue34%$78K
Investment income1%$3K
Total revenueLn 12$229K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.47 Management & general $0.53
Program services47%$87K
Management & general53%$97K
Total functional expensesLn 25$184K

Balance Sheet

Part X · end of year
CashLn 1$75K
Total assetsLn 16$113K
Total liabilitiesLn 26$4K
Total net assetsLn 32$110K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $95K · Operating expenses (Pt IX) $184K · Less non-cash grants $40K · Cash operating expenses/yr $144K
7.9 months
Where the money goes
Program services
Program services $87K · Total expenses $184K
47%
Management & General
Management & general $97K · Total expenses $184K
53%
Fundraising
Fundraising $0 · Total expenses $184K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $268 · Solicited contributions (3-yr avg) $102K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $148K · Total revenue $229K
65%
Government reliance
Government grants — · Total revenue $229K
Earned-income share
Program service revenue $78K · Total revenue $229K
34%
Investment reliance
Investment income $3K · Total revenue $229K
+1%
Program self-sufficiency
Program service revenue $78K · Total expenses $184K
42%
Growth & trend
Revenue growth (YoY)
This year $229K · Prior year $146K
+57%
Revenue CAGR
FY2019 $198K · FY2024 $229K
+3%
Net-asset trend (YoY)
End of year $110K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $229K · Expenses $184K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $113K
Net-asset ratio
Net assets $110K · Total assets $113K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $20K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $113K
18%
People & payroll
Highest Reported Total Compensation
Individual William R Howard · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $64K · Total expenses $184K
35%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $108K · Total expenses $184K
58%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 47%
Overhead ratio 53%
Fundraising cost ratio 0%
Revenue growth 57%
Accounting fee ratio 2%

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 4 funders →
Grants paid · 3 grants · $14K · 2022–2022
Eastern Panhandle Green CoalitionFY2022$13,500
The Commons INCDC · FY2022$108

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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
FY2025 (Latest)$229K revenue · viewing · ⤓ 990 PDF
FY2024$146K revenue · ⤓ 990 PDF
FY2023$125K revenue · ⤓ 990 PDF
FY2022$185K revenue · ⤓ 990 PDF
FY2021$100K revenue · ⤓ 990 PDF
FY2020$198K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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