The Elizabeth River Project FY2021 filing

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To restore the health of the Elizabeth River by working with our neighbors, businesses, and governments.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-1663058) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$89K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $1.9M a year · 36% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
68% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 4% of spending
Pay to officers and key staff is 4% of spending.
Part VII, Section A
37.9 mo
of spending, in cash
37.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $35K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$92K
0.7% of total assets
Liabilities are 0.7% of assets.
Pt X · Ln 26
Independent board members
32
of 32 voting members
32 of 32 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$7.5M
-12% vs prior year
Spent
$2.4M
To programs
68%
Net assets
$12.7M
By yearFY2020–FY2025
Revenue
$7.5M
FY2021▼ -12%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.6M
FY2021$7.5M
FY2022$4.8M
FY2023$3.0M
FY2024$3.4M
FY2025$3.5M
Expenses
$2.4M
FY2021▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.4M
FY2021$2.4M
FY2022$3.1M
FY2023$3.6M
FY2024$4.0M
FY2025$4.1M
Net assets
$12.7M
FY2021▲ +73%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.4M
FY2021$12.7M
FY2022$14.3M
FY2023$13.8M
FY2024$13.3M
FY2025$12.9M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1994.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $1.6M Management & general 27% · $630K Fundraising 6% · $137K

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

33 people listed on the 990; $89K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$89,482Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Lacy Shirey’s $110K as Executive Director is at the 36th percentile of top reported officer pay among 1851 $1–10M 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lacy Shirey$109,538—————
Marjorie Mayfield Jackson—$98,942$98,427$99,125$89,482$89,245

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.

See The Elizabeth River Project executive salaries →

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 15aYes

Programs and updates

Restores the Elizabeth River's environmental quality through hands-on habitat restoration, pollution reduction partnerships, and coastal resilience education for students and businesses.

Questions for The Elizabeth River Project

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Your first name shows with your question. The Elizabeth River Project answers here, for everyone.

1 program · $1.6M · in their own filed words · FY2020
01

The organization reached thousands of school children with hands-on ecology lessons through the learning barge, barge on wheels and a 40-ACRE nature park, constructed dozens of restored shorelines as pioneer alternatives to hold off erosion and continued to guide 6,500 homes, 54 schools, 143 businesses in ways to reduce pollution and…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-1663058) · Dispute this line
$1.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$35K
Grants paid · 4 grants · $1.5M · 2020–2022
City of PortsmouthFY2022$944,167
City of PortsmouthFY2021$527,872
City of PortsmouthFY2020$45,461

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Sep 2025 · $1.2M federal money spent
Geographic Programs - Chesapeake Bay ProgramEnvironmental Protection Agency · ALN 66.466 · Through National Fish and Wildlife Foundation$543K
Adaptive ScienceDepartment of the Interior · ALN 15.670 · Through National Fish and Wildlife Foundation$346K
Office for Coastal ManagementDepartment of Commerce · ALN 11.473 · Through National Fish and Wildlife Foundation$231K
Chesapeake Bay StudiesDepartment of Commerce · ALN 11.457 · Direct$62K
EngineeringNational Science Foundation · ALN 47.041 · Through University of Virginia$35K

Plus 4 smaller programs.

The auditor reported no findings.

Year ending Sep 2024 · $937K federal money spent
Geographic Programs - Chesapeake Bay ProgramEnvironmental Protection Agency · ALN 66.466 · Through National Fish and Wildlife Foundation$532K
Office for Coastal ManagementDepartment of Commerce · ALN 11.473 · Through National Fish and Wildlife Foundation$157K
Adaptive ScienceDepartment of the Interior · ALN 15.670 · Through National Fish and Wildlife Foundation$155K
Chesapeake Bay StudiesDepartment of Commerce · ALN 11.457 · Through National Oceanic and Atmospheric Administration$66K
Coastal Zone Management Administration AwardsDepartment of Commerce · ALN 11.419 · Through National Oceanic and Atmospheric Administration$21K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Sep 2018 · $962K federal money spent
Chesapeake Bay ProgramEnvironmental Protection Agency · ALN 66.466 · Through National Fish & Wildlife Foundation and 3 more$637K
Noaa Mission-Related Education AwardsDepartment of Commerce · ALN 11.008 · Through National Oceanic and Atmospheric Administration$123K
Habitat ConservationDepartment of Commerce · ALN 11.463 · Through National Oceanic and Atmospheric Administration$100K
B-Wet VeteransDepartment of Commerce · ALN 11.457 · Through National Oceanic and Atmospheric Administration$91K
Niehs Superfund Hazardous Substances GroundwaterDepartment of Health and Human Services · ALN 93.143 · Through Virginia Institute of Marine Science$11K

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$7.5M
Ln 12
Gifts and grantsLn 1h$7.4M
Fees for servicesLn 2g$110K
Investment incomeLn 3$2K
Money outPt IX
$2.4M
Ln 25
Programscol B$1.6M
Managementcol C$630K
Fundraisingcol D$137K
Owns and owesPt X
$12.7M
net assets · Ln 32
Cash and savingsLn 1–2$7.5M
Total assetsLn 16$12.8M
LiabilitiesLn 26$92K
PeoplePt VI, VII
33
listed · VII A
PaidVII A1
Voting boardVI 1a32
IndependentVI 1b32
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.4M
Government grantsLn 1e$827K
Noncash giftsLn 1g$16K
Fees for servicesLn 2g$110K
Investment incomeLn 3$2K
Other incomeLn 4–11$1K
Total revenueLn 12$7.5M
Assets in detailPt X, end of year
CashLn 1$3.0M
SavingsLn 2$4.5M
Cash and savings togetherLn 1–2$7.5M
Pledges and grants receivableLn 3$2.9M
Accounts receivableLn 4$248K
Prepaid expenses and deferred chargesLn 9$4K
Land, buildings, equipmentLn 10c$1.3M
InvestmentsLn 11–13$817K
Other assetsLn 15$5K
Total assetsLn 16$12.8M
LiabilitiesLn 26$92K
Net assetsLn 32$12.7M
OperationsPt I, VI
EmployeesI 553
VolunteersI 6728
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$817K$644K$603K$542K$459K
AddedLn 1b$509$42K$39K$65K$73K
SpentLn 1d–1f$61K$3K$17K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$4.9M$7.5M
InvestmentsLn 11–13$639K$817K
Land, buildings, equipmentLn 10c$1.1M$1.3M
Total assetsLn 16$7.8M$12.8M
LiabilitiesLn 26$434K$92K
Net assetsLn 32$7.4M$12.7M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$52K$52K
Pay of officers and key staff (Part IX, line 5)Ln 5$94K$69K$24K$492
Other salaries and wagesLn 7$1.0M$745K$262K$5K
Pension plan contributionsLn 8$14K$10K$4K$74
Other employee benefitsLn 9$75K$55K$19K$390
Payroll taxesLn 10$82K$60K$21K$427
Legal feesLn 11b$9K$2K$7K
Accounting feesLn 11c$33K$33K
Professional fundraising feesLn 11e$82K$82K
Other fees for servicesLn 11g$272K$184K$82K$6K
Office expensesLn 13$63K$49K$13K$907
Information technologyLn 14$27K$20K$7K$143
OccupancyLn 16$92K$49K$41K$2K
TravelLn 17$10K$9K$664
Conferences, conventions and meetingsLn 19$5K$3K$2K
InterestLn 20$711$711
Depreciation, depletion and amortizationLn 22$18K$18K
InsuranceLn 23$125K$55K$70K$350
Other expenses (24a–d)Ln 24$273K$228K$7K$37K
All other expensesLn 24e$31K$13K$17K$1K
Total functional expensesLn 25$2.4M$1.6M$630K$137K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 21, 2026 $3.5M$4.1M−$664K$12.9M 990 PDF
FY2024Filed with the IRS Aug 13, 2025 $3.4M$4.0M−$570K$13.3M 990 PDF
FY2023Filed with the IRS Aug 14, 2024 $3.0M$3.6M−$574K$13.8M 990 PDF
FY2022Filed with the IRS Aug 15, 2023 $4.8M$3.1M$1.7M$14.3M 990 PDF
FY2021 ViewingFiled with the IRS Aug 15, 2022 $7.5M$2.4M$5.1M$12.7M 990 PDF
FY2020Filed with the IRS Aug 16, 2021 $8.6M$2.4M$6.1M$7.4M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $7,512,633 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,329,754$7,398,902
I-9 Program service revenuePrior year $105,751$110,473
I-10 Investment incomePrior year $120,767$1,930
I-11 Other revenuePrior year $1,976$1,328
I-12 Total revenuePrior year $8,558,248$7,512,633
I-13 Grants and similar amounts paidPrior year $0$52,461
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,168,626$1,277,142
I-16a Professional fundraising feesPrior year $74,250$82,245
I-17 Other expensesPrior year $1,184,164$959,683
I-18 Total expensesPrior year $2,427,040$2,371,531
I-19 Revenue less expensesPrior year $6,131,208$5,141,102
Part VI · Governance 32 of 32 board members independent, no flags
VI-1a Voting members of the governing body32
VI-1b Independent voting members32
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,512,633 across 10 lines filed
VIII-1a Federated campaigns$2,318
VIII-1b Membership dues$58,186
VIII-1e Government grants$826,926
VIII-1f All other contributions, gifts and grants$6,511,472
VIII-1g Noncash contributions (included above)$15,867
VIII-1h Total contributions, gifts and grants$7,398,902
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $110,473$110,473
VIII-3 Investment incomeExcluded from tax $1,930$1,930
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,328$1,328
VIII-12 Total revenueRelated to mission $111,801 · Unrelated business $0 · Excluded from tax $1,930$7,512,633
Part IX · Statement of functional expenses $2,371,531 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $52,461$52,461
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $69,268 · Management $24,404 · Fundraising $492$94,164
IX-7 Other salaries and wagesPrograms $744,777 · Management $262,395 · Fundraising $5,293$1,012,465
IX-8 Pension plan contributionsPrograms $10,433 · Management $3,675 · Fundraising $74$14,182
IX-9 Other employee benefitsPrograms $54,916 · Management $19,348 · Fundraising $390$74,654
IX-10 Payroll taxesPrograms $60,082 · Management $21,168 · Fundraising $427$81,677
IX-11b Legal feesPrograms $2,330 · Management $6,989$9,319
IX-11c Accounting feesManagement $32,968$32,968
IX-11e Professional fundraising feesFundraising $82,245$82,245
IX-11g Other fees for servicesPrograms $183,543 · Management $81,971 · Fundraising $6,362$271,876
IX-13 Office expensesPrograms $49,127 · Management $13,389 · Fundraising $907$63,423
IX-14 Information technologyPrograms $20,059 · Management $7,067 · Fundraising $143$27,269
IX-16 OccupancyPrograms $49,211 · Management $40,761 · Fundraising $1,631$91,603
IX-17 TravelPrograms $9,345 · Management $664$10,009
IX-19 Conferences, conventions and meetingsPrograms $2,840 · Management $2,477$5,317
IX-20 InterestPrograms $711$711
IX-22 Depreciation, depletion and amortizationManagement $18,427$18,427
IX-23 InsurancePrograms $54,787 · Management $69,798 · Fundraising $350$124,935
IX-24 Other expenses (24a–d)Programs $228,245 · Management $7,369 · Fundraising $37,131$272,745
IX-24e All other expensesPrograms $12,793 · Management $16,964 · Fundraising $1,324$31,081
IX-25 Total functional expensesPrograms $1,604,928 · Management $629,834 · Fundraising $136,769$2,371,531
Part X · Balance sheet $12,795,047 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $2,119,026$2,973,383
X-2 Savings and temporary cash investmentsStart of year $2,763,486$4,513,077
X-3 Pledges and grants receivableStart of year $898,983$2,886,880
X-4 Accounts receivableStart of year $281,971$248,288
X-9 Prepaid expenses and deferred chargesStart of year $560$3,998
X-10c Land, buildings and equipment, netStart of year $1,087,780$1,347,145
X-12 Other securitiesStart of year $639,156$817,281
X-15 Other assetsStart of year $4,500$4,995
X-16 Total assetsStart of year $7,795,462$12,795,047
X-17 Accounts payable and accrued expensesStart of year $155,596$87,353
X-25 Other liabilitiesStart of year $0$4,867
X-26 Total liabilitiesStart of year $434,061$92,220
X-27 Net assets without donor restrictionsStart of year $2,337,902$2,842,058
X-28 Net assets with donor restrictionsStart of year $5,023,499$9,860,769
X-32 Total net assets or fund balancesStart of year $7,361,401$12,702,827
X-33 Total liabilities and net assetsStart of year $7,795,462$12,795,047
Part XI · Reconciliation of net assets $12,702,827 net assets at year end
XI-1 Total revenue$7,512,633
XI-2 Total expenses$2,371,531
XI-3 Revenue less expenses$5,141,102
XI-4 Net assets at start of year$7,361,401
XI-5 Net unrealized gains (losses) on investments$233,533
XI-9 Other changes in net assets−$33,209
XI-10 Net assets at end of year$12,702,827

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

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