River Legacy Foundation FY2023 filing

Tax-deductible

Arlington, TX501(c)(3)EIN 75-2215558Revenue $1.2M in FY2023

On file with the IRSriverlegacy.org703 Nw Green Oaks Blvd, 76006-2404 · Arlington, TXTax-exempt since Aug 1988Publicly supported charity — 170(b)(1)(A)(vi)

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The purpose of the River Legacy Foundation is to provide extraordinary environmental education programs and authentic nature experiences to students in north texas. State science standards for all grade levels places increased emphasis on hands-on and outdoor investigations which make the River Legacy environmental education programs more important than ever. The River Legacy foundation's mission is to preserve and enhance land along the trinity River and its tributaries as an extraordinary educational, recreational and natural resource.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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 surplus $49K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
35 mo
of spending, in cash
Looks good: 34.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $115K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$221K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+125% vs prior year
Spent
$957K
To programs
77%
Net assets
$2.6M
By yearFY2020–FY2024
Revenue
$1.2M
FY2023▲ +125%
Tap a bar for its year
Revenue by fiscal year
FY2020$520K
FY2021$1.2M
FY2022$551K
FY2023$1.2M
FY2024$992K
Expenses
$957K
FY2023▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$642K
FY2021$830K
FY2022$789K
FY2023$957K
FY2024$1.1M
Net assets
$2.6M
FY2023▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.5M
FY2022$2.3M
FY2023$2.6M
FY2024$2.5M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1988.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $735K Management & general 13% · $122K Fundraising 10% · $100K

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

17 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See River Legacy Foundation 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 15aYes

Programs and updates

Offers hands-on environmental education and nature experiences for North Texas students.

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Provided by the organization

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1 program · $735K · in their own filed words · FY2023
01

The river legacy foundation serves 14,700 north texas families and children annually through its field investigation programs and more than 40,000 north texans visit the living science center each year.

$735Kprogram expense

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 · FY2024
See all 4 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Other incomeLn 4–11$490K
Gifts and grantsLn 1h$380K
Fees for servicesLn 2g$280K
Money outPt IX
$957K
Ln 25
Programscol B$735K
Managementcol C$122K
Fundraisingcol D$100K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$2.8M
LiabilitiesLn 26$221K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$380K
Fundraising eventsLn 1c$52K
Fees for servicesLn 2g$280K
Investment incomeLn 3$90K
Other incomeLn 4–11$490K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$2.8M
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$19K
Total assetsLn 16$2.8M
LiabilitiesLn 26$221K
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 540
VolunteersI 665
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.6M$2.8M
Land, buildings, equipmentLn 10c$6K$3K
Total assetsLn 16$2.6M$2.8M
LiabilitiesLn 26$338K$221K
Net assetsLn 32$2.3M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$90K$45K$18K$27K
Other salaries and wagesLn 7$499K$419K$32K$48K
Other employee benefitsLn 9$59K$50K$4K$6K
Payroll taxesLn 10$45K$37K$3K$4K
Accounting feesLn 11c$9K$9K
Other fees for servicesLn 11g$20K$1K$6K$13K
Advertising and promotionLn 12$11K$11K
Office expensesLn 13$4K$4K
Information technologyLn 14$33K$33K
OccupancyLn 16$31K$31K
InterestLn 20−$4−$4
Depreciation, depletion and amortizationLn 22$2K$2K$183
InsuranceLn 23$20K$17K$1K$2K
Other expenses (24a–d)Ln 24$114K$114K
All other expensesLn 24e$21K$20K$602$383
Total functional expensesLn 25$957K$735K$122K$100K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $992K$1.1M−$89K$2.5M 990 PDF
FY2023 Viewing $1.2M$957K$283K$2.6M 990 PDF
FY2022 $551K$789K−$239K$2.3M 990 PDF
FY2021 $1.2M$830K$409K$2.5M 990 PDF
FY2020 $520K$642K−$122K$2.1M 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
See the full FY2023 990 (6 parts)
Part I · Summary $1,240,378 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $315,781$379,549
I-9 Program service revenuePrior year $286,818$280,139
I-10 Investment incomePrior year −$8,093$90,330
I-11 Other revenuePrior year −$43,889$490,360
I-12 Total revenuePrior year $550,617$1,240,378
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $487,415$693,194
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $301,741$263,937
I-18 Total expensesPrior year $789,156$957,131
I-19 Revenue less expensesPrior year −$238,539$283,247
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $1,240,378 across 8 lines filed
Lines not itemized here account for $34,172 of total revenue; see the IRS return.
VIII-1c Fundraising events$52,500
VIII-1f All other contributions, gifts and grants$327,049
VIII-1h Total contributions, gifts and grants$379,549
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $280,139$280,139
VIII-3 Investment incomeRelated to mission $90,330$90,330
VIII-8 Net income from fundraising events$178,002
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $278,186$278,186
VIII-12 Total revenueRelated to mission $682,827$1,240,378
Part IX · Statement of functional expenses $957,131 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $45,081 · Management $18,032 · Fundraising $27,048$90,161
IX-7 Other salaries and wagesPrograms $418,576 · Management $32,391 · Fundraising $47,993$498,960
IX-9 Other employee benefitsPrograms $49,769 · Management $3,871 · Fundraising $5,736$59,376
IX-10 Payroll taxesPrograms $37,465 · Management $2,914 · Fundraising $4,318$44,697
IX-11c Accounting feesManagement $8,562$8,562
IX-11g Other fees for servicesPrograms $1,109 · Management $6,350 · Fundraising $12,564$20,023
IX-12 Advertising and promotionManagement $11,028$11,028
IX-13 Office expensesManagement $3,710$3,710
IX-14 Information technologyManagement $33,187$33,187
IX-16 OccupancyPrograms $31,436$31,436
IX-20 InterestPrograms −$4−$4
IX-22 Depreciation, depletion and amortizationPrograms $1,626 · Management $183$1,809
IX-23 InsurancePrograms $16,678 · Management $1,297 · Fundraising $1,922$19,897
IX-24 Other expenses (24a–d)Programs $113,674$113,674
IX-24e All other expensesPrograms $19,630 · Management $602 · Fundraising $383$20,615
IX-25 Total functional expensesPrograms $735,040 · Management $122,127 · Fundraising $99,964$957,131
Part X · Balance sheet $2,807,278 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $1,144,192$1,684,905
X-2 Savings and temporary cash investmentsStart of year $1,431,347$1,090,641
X-8 Inventories for sale or useStart of year $1,993$2,817
X-9 Prepaid expenses and deferred chargesStart of year $7,156$7,156
X-10c Land, buildings and equipment, netStart of year $6,167$2,869
X-15 Other assetsStart of year $18,890$18,890
X-16 Total assetsStart of year $2,609,745$2,807,278
X-25 Other liabilitiesStart of year $338,468$220,806
X-26 Total liabilitiesStart of year $338,468$220,806
X-27 Net assets without donor restrictionsStart of year $863,943$1,194,130
X-28 Net assets with donor restrictionsStart of year $1,407,334$1,392,342
X-32 Total net assets or fund balancesStart of year $2,271,277$2,586,472
X-33 Total liabilities and net assetsStart of year $2,609,745$2,807,278
Part XI · Reconciliation of net assets $2,586,472 net assets at year end
XI-1 Total revenue$1,240,378
XI-2 Total expenses$957,131
XI-3 Revenue less expenses$283,247
XI-4 Net assets at start of year$2,271,277
XI-5 Net unrealized gains (losses) on investments$31,948
XI-10 Net assets at end of year$2,586,472

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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