Save Crystal River INC FY2021 filing

Tax-deductible

Crystal River, FL501(c)(3)EnvironmentEIN 45-3856534

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To be a coalition and partnership of friends and neighbors, young parents and retirees,career professionals and business owners,residents and community leaders who are united by their commitment to maintain and protect the unique quality of life for all people in the communities of Crystal River and citrus county.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $45K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
9 mo
of spending, in cash
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $50K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.0M
112% of total assets
Concern: liabilities are 112% of assets; over 80%.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
-53% vs prior year
Spent
$3.6M
To programs
99%
Net assets
−$324K
By yearFY2020–FY2024
Revenue
$3.3M
FY2021▼ -53%
Revenue by fiscal year
FY2020$7.0M
FY2021$3.3M
FY2022$12.1M
FY2023$6.1M
FY2024$5.0M
Expenses
$3.6M
FY2021▼ -48%
Expenses by fiscal year
FY2020$7.0M
FY2021$3.6M
FY2022$12.1M
FY2023$6.0M
FY2024$5.0M
Net assets
−$324K
FY2021▼ -1411%
Net assets by fiscal year
FY2020$25K
FY2021−$324K
FY2022−$298K
FY2023−$146K
FY2024−$173K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $3.6M Management & general 1% · $37K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

32 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Save Crystal River INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Unites diverse community members to protect and maintain the quality of life in Crystal River and Citrus County.

Provided by the organization

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2 program services account for $7.1M of program spending, described in the organization's own filed words · FY2021.
01

During the year, the organization has now successfully restored over 55 acres and planted over 310,000 native eelgrass plants. We have also unclogged over 750 spring vents and have removed 255+ million pounds of detrital material and lyngbya from kings bay which is located in crystal river florida.

$3.6Mprogram expense
02

During the year, the organization has now successfully restored over 55 acres and planted over 310,000 native eelgrass plants. We have also unclogged over 750 spring vents and have removed 255+ million pounds of detrital material and lyngbya from kings bay which is located in crystal river florida.

$3.6Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 2 funders$50K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Gifts and grantsLn 1h$3.1M
Other incomeLn 4–11$138K
Investment incomeLn 3$659
Money outPt IX
$3.6M
Ln 25
Programscol B$3.6M
Managementcol C$37K
Owns and owesPt X
−$324K
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$2.6M
LiabilitiesLn 26$3.0M
PeoplePt VI, VII
32
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$3.1M
Investment incomeLn 3$659
Other incomeLn 4–11$138K
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$2.6M
Total assetsLn 16$2.6M
LiabilitiesLn 26$3.0M
Net assetsLn 32−$324K
OperationsPt I, VI
EmployeesI 50
VolunteersI 622
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5.0M$5.0M−$27K−$173K 990 PDF
FY2023 $6.1M$6.0M$152K−$146K 990 PDF
FY2022 $12.1M$12.1M−$9K−$298K 990 PDF
FY2021 Viewing $3.3M$3.6M−$349K−$324K 990 PDF
FY2020 $7.0M$7.0M$10K$25K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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