River Deep Foundation EIN 81-4540959

River Deep Foundation FY2020 filing

EIN  81-4540959 Supporting organization Lakewood, CO
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Offers healing and support to veterans, active duty, and individuals with disabilities.
Leadership
Susan Williamson · Treasurer · $16K
Money in and out
$87K revenue, $473K expenses
Bottom line
-447% net inflow

Offers healing and support to veterans, active duty, and individuals with disabilities. For fiscal year 2020 it reported $87K in revenue, $473K in expenses, and $274K in net assets.Pt I

Money in and out · FY2020
Total revenue
$87K
Pt VIII · Ln 12
Total expenses
$473K
Pt IX · Ln 25
Net assets
$274K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$387K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.12 Fundraising $0.06
Net inflow
-447%
revenue over expenses, this year
Pass-through gifts
70%
of revenue from contributions
Program spending
83%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$87K
FY2020
Expenses
$473K
FY2020
Total assets
$411K
FY2020
Total liabilities
$137K
FY2020
Total revenue
$87K
Pt VIII · Ln 12
Total expenses
$473K
Pt IX · Ln 25
Net assets
$274K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$387K
Total assetsPt X · Ln 16$411K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $391K of program spending, described in the organization's own filed words · FY2019.
01

The lease pays for the use of the property and the reclamation work to restore the site to natural contours and establish vegetation around existing lakes and along the banks of south boulder creek.

$329Kprogram expense
02

River deep supports mulitple programs focused on outdoor group activities like fly fishing or hunting, while others focus on learning a new skill, like photography. Additional programs focus on specific needs for daily life, such as providing service dogs or ongoing support services.

$53Kprogram expense
03

River deep foundation is dedicated to helping military veterans and other individuals who have experienced physical, emotional or psychological trauma and those who assist them to heal and re-engage in life through adventure, recreation and a network of support.

$9Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRiver Deep Foundation
EINHdr · item D81-4540959
Principal addressHdr · item CLakewood, CO
WebsiteHdr · item Janglersofhonor.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P11)
Ruling yearIRS BMFJun 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b4
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$16,000Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Bob Adwar’s $40K as Executive Di is at the 27th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bob Adwar$39,963$36,663$43,329$6,333
Susan Williamson$16,000$16,000$19,100$16,000
JR Lapierre$5,000

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$61K · 70%
Other revenue$26K · 30%
Contributions & grants70%$61K
Other revenue30%$26K
Total revenueLn 12$87K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.12 Fundraising $0.06
Program services83%$391K
Management & general12%$55K
Fundraising6%$27K
Total functional expensesLn 25$473K

Balance Sheet

Part X · end of year
CashLn 1$410K
Total assetsLn 16$411K
Total liabilitiesLn 26$137K
Total net assetsLn 32$274K
Months of cash on handcomputed10.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $410K · Operating expenses (Pt IX) $473K · Less non-cash grants $27K · Cash operating expenses/yr $447K
11.0 months
Where the money goes
Program services
Program services $391K · Total expenses $473K
83%
Management & General
Management & general $55K · Total expenses $473K
12%
Fundraising
Fundraising $27K · Total expenses $473K
6%
Cost to raise $1
Fundraising expense $27K · Solicited contributions $61K
$0.44 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $61K · Total revenue $87K
70%
Government reliance
Government grants — · Total revenue $87K
Earned-income share
Program service revenue $0 · Total revenue $87K
0%
Investment reliance
Investment income $0 · Total revenue $87K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $473K
0%
Growth & trend
Revenue growth (YoY)
This year $87K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $274K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $87K · Expenses $473K
-447%
Liabilities-to-Assets
Total liabilities — · Total assets $411K
Net-asset ratio
Net assets $274K · Total assets $411K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $411K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Susan Williamson · Reported title TREASURER · Highest reported compensation $16K · Total expenses $473K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $473K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 12%
Fundraising cost ratio 44%
Legal fee ratio 0%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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
Total grants receivedfrom 1 funder$5K
Grants paid · 2 grants · $52K · 2019–2019
Safari Club InternationalCO · FY2019$40,000
Anglers of HonorCO · FY2019$12,500

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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)$110K revenue · ⤓ 990 PDF
FY2024$114K revenue · ⤓ 990 PDF
FY2023$41K revenue · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF
FY2021$673K revenue · ⤓ 990 PDF
FY2020$87K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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