Civic Intelligence

Charles River Watershed Association Inc

EIN 04-6136989 • 501(c)3 • Boston, MA

Profile

The organization's mission is to use science, advocacy, and the law to protect, preserve and enhance the charles river and its watershed, including improving and expanding its natural resources and recreational opportunities.

41 West Street Floor 8Boston, MA 02111

www.crwa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.07x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.23x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-9.8%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

82nd percentile

24%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,878,719

Up $660,684 (+9.2%) from 2023

Liabilities

Down

$531,245

Down $37,038 (-6.5%) from 2023

Net Assets

Up

$7,347,474

Up $697,722 (+10%) from 2023

Revenue

Down

$2,335,372

Down $1,136,129 (-33%) from 2023

Expenses

Up

$2,564,069

Up $346,684 (+16%) from 2023

Net Income

Down

-$228,697

Down $1,482,813 (-118%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,155,577Liabilities 2010: $1,065,396Net Assets 2010: $90,1812010Assets 2011: $1,639,775Liabilities 2011: $1,205,812Net Assets 2011: $433,9632011Assets 2012: $652,957Liabilities 2012: $268,075Net Assets 2012: $384,8822012Assets 2013: $670,170Liabilities 2013: $201,366Net Assets 2013: $468,8042013Assets 2014: $574,791Liabilities 2014: $148,820Net Assets 2014: $425,9712014Assets 2015: $481,068Liabilities 2015: $192,898Net Assets 2015: $288,1702015Assets 2016: $1,651,742Liabilities 2016: $112,693Net Assets 2016: $1,539,0492016Assets 2017: $2,575,509Liabilities 2017: $61,016Net Assets 2017: $2,514,4932017Assets 2018: $3,896,573Liabilities 2018: $201,578Net Assets 2018: $3,694,9952018Assets 2019: $4,592,536Liabilities 2019: $220,595Net Assets 2019: $4,371,9412019Assets 2020: $5,017,145Liabilities 2020: $368,217Net Assets 2020: $4,648,9282020Assets 2021: $5,827,897Liabilities 2021: $185,725Net Assets 2021: $5,642,1722021Assets 2022: $5,692,872Liabilities 2022: $682,130Net Assets 2022: $5,010,7422022Assets 2023: $7,218,035Liabilities 2023: $568,283Net Assets 2023: $6,649,7522023Assets 2024: $7,878,719Liabilities 2024: $531,245Net Assets 2024: $7,347,4742024

Highlighted filing

2024

Assets$7,878,719
Liabilities$531,245
Net Assets$7,347,474

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,395,6362010Expenses 2011: $2,211,7852011Revenue 2012: $2,200,995Expenses 2012: $2,250,076Net Income 2012: -$49,0812012Revenue 2013: $1,198,662Expenses 2013: $1,114,740Net Income 2013: $83,9222013Revenue 2014: $1,112,834Expenses 2014: $1,155,667Net Income 2014: -$42,8332014Revenue 2015: $1,011,329Expenses 2015: $1,149,130Net Income 2015: -$137,8012015Revenue 2016: $2,575,986Expenses 2016: $1,317,621Net Income 2016: $1,258,3652016Revenue 2017: $2,136,474Expenses 2017: $1,159,643Net Income 2017: $976,8312017Revenue 2018: $2,546,974Expenses 2018: $1,373,686Net Income 2018: $1,173,2882018Revenue 2019: $1,576,947Expenses 2019: $964,227Net Income 2019: $612,7202019Revenue 2020: $1,021,029Expenses 2020: $1,004,405Net Income 2020: $16,6242020Revenue 2021: $1,632,438Expenses 2021: $1,287,228Net Income 2021: $345,2102021Revenue 2022: $1,674,449Expenses 2022: $1,485,683Net Income 2022: $188,7662022Revenue 2023: $3,471,501Expenses 2023: $2,217,385Net Income 2023: $1,254,1162023Revenue 2024: $2,335,372Expenses 2024: $2,564,069Net Income 2024: -$228,6972024

Highlighted filing

2024

Revenue$2,335,372
Expenses$2,564,069
Net Income-$228,697

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.88$0.53$7.35$2.34$2.56$0.23
2023Detailed filing. Detailed filing data is available for this year.$7.22$0.57$6.65$3.47$2.22$1.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$0.68$5.01$1.67$1.49$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.83$0.19$5.64$1.63$1.29$0.35
2020Detailed filing. Detailed filing data is available for this year.$5.02$0.37$4.65$1.02$1.00$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.59$0.22$4.37$1.58$0.96$0.61
2018Detailed filing. Detailed filing data is available for this year.$3.90$0.20$3.69$2.55$1.37$1.17
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.06$2.51$2.14$1.16$0.98
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.11$1.54$2.58$1.32$1.26
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.19$0.29$1.01$1.15$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.15$0.43$1.11$1.16$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.20$0.47$1.20$1.11$0.08
2012Summary only. Only limited summary data is available for this year.$0.65$0.27$0.38$2.20$2.25$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$1.21$0.43$2.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.07$0.09$1.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$2,335,372
Mission and Program Overview

Mission

To use science, advocacy and the law to protect, preserve and enhance the charles river and its watershed, including improving and expanding its natural resources and recreational opportunities.

Protect, restore and enhance the charles river and its watershed through science, advocacy and the law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,931,328$6,234,677▲ $1,303,349
Cash and Non-Interest-Bearing Accounts$434,687$1,072,832▲ $638,145
Accounts Receivable$117,222$102,013▼ $15,209
Prepaid Expenses and Deferred Charges$19,662$40,256▲ $20,594
Land, Buildings, and Equipment, Net$29,335$27,258▼ $2,077
Pledges and Grants Receivable$1,196,474$11,174▼ $1,185,300
Inventories for Sale or Use$2,535$2,535→ $0
Intangible Assets$381--
Total Assets$7,218,035$7,878,719▲ $660,684
Other Assets Total$486,411$387,974▼ $98,437
Liabilities
Other Liabilities$463,922$385,974▼ $77,948
Accounts Payable and Accrued Expenses$84,001$124,911▲ $40,910
Escrow Account Liability$20,360$20,360→ $0
Total Liabilities$568,283$531,245▼ $37,038
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,228,884$5,195,054▼ $1,033,830
Net Assets Without Donor Restrictions$420,868$2,152,420▲ $1,731,552
Total Net Assets Fund Balance$6,649,752$7,347,474▲ $697,722
Total Liabilities and Net Assets / Fund Balance$7,218,035$7,878,719▲ $660,684

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,996$120,415-
Equipment$17,601$95,038-
Leasehold Improvements$661$98,895-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,666,472--$734,436$3,932,036
2022$4,094,986$571,486--$4,666,472
2021$3,931,986$163,000--$4,094,986
2020$3,898,374$33,612--$3,931,986
2019$3,843,261$55,113--$3,898,374
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emily NortonExecutive DirectorFT$149,571$19,183$168,754

Board Members and Trustees

NameTitle
Toni HicksPresident
Stephanie HsiaVice President
Aditya PerakathDirector
Brian KinneyDirector
Chris MarkiewiczDirector
Daniel SiegerDirector
Greg HerremaDirector
Lance C CampbellDirector
Laurie DoyleDirector
Linda MclaneDirector
Michelle DesilvaDirector
Paul LevyDirector
Ralph W AbeleDirector
Larry YuClerk
Martin FlusbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,022,820
Program Service Revenue
$158,216
Investment Income
$154,115
Other Revenue
$221
All Other Contributions
$2,022,820
Change in Net Assets
$-228,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,604,415
Other Expenses$942,987
Total Fundraising Expense$214,991
Grants and Similar Amounts Paid$16,667
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$943,490$171,544$110,278$1,225,312
Current Officers, Directors, Trustees, and Key Employees$115,170$20,940$13,461$149,571
Payroll Taxes$90,427$16,441$10,569$117,437
Other Employee Benefits$79,240$14,407$9,262$102,909
Fees for Services Accounting$79,083$23,622-$102,705
Occupancy$78,956$14,355$9,229$102,540
Conferences and Meetings$35,740$6,498$4,177$46,415
All Other Expenses$27,681$6,026$2,242$35,949
Other Expenses$23,945$7,152$3,958$31,097
Travel$13,794$2,508$1,612$17,914
Grants to Domestic Orgs$16,667--$16,667
Depreciation Depletion$11,356$2,065$1,327$14,748
Fees for Services Legal$10,510$3,139-$13,649
Insurance$9,835$1,788$1,150$12,773
Pension Plan Contributions$7,073$1,286$827$9,186
Advertising$100--$100
Interest$13--$13
Total Functional Expenses$1,978,195$370,883$214,991$2,564,069
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Department of Conservation and RecreationBoston, MA-Program Support$16,667
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$385,974
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has two classes of members: class a members and class b members. Both classes of members are entitled to vote at each annual meeting of the association where officers and directors are up for election or re-election.

Form 990, Part VI, Section A, Line 7A

Members have the right to vote for nominated individuals to serve on the organization's board of directors. Voting takes place at the organization's annual meeting held in march following the organization's fiscal year end (9/30).

Form 990, Part VI, Section A, Line 7B

The by-laws of the organization may be amended at any meeting of the association. The by-laws require that notice of the proposed amendment must be given to the membership. The by-laws require that a quroum of the membership be present at the meeting. In order for the amendment to be approved, two thirds of those present must vote in favor of the amendment.

Form 990, Part VI, Section B, Line 11B

The governing body has designated its president and its finance committe, along with the executive director and the finance manager, with the responsibility to review and approve the filing of the annual form 990. A copy of the form 990 is provided to the full board, and then the form 990 is reviewed and compared with its annual audited financial statements. Any question, comments, changes and suggestions are addressed to the return prparer and upon receiving satisfactory responses, a properly completed form 8879-eo is returned to the return preparer indicating the organization's approval to file the return.

Form 990, Part VI, Section B, Line 12C

The organization reviews and discusses its conflicts policy each fall with board members and staff. General counsel for the organizaion monitors for potential conflicts in order to avoid actual conflicts.

Form 990, Part VI, Section B, Line 15

The compensation of the executive director is reviewed periodically against the compensation of top management officials of other organization's similar in nature and size. This review is undertaken by the organizations president and executive committee of the board of directors. Thier recommendations are presented to the board for review and ratification through the budget process. Key employees salaries are determined by the executive director who conducts an examination of compensation in like organizations, in consultation with the executive committee and as ratified by the board of directors throught the annual budget process.

Form 990, Part VI, Section C, Line 18

All information and policies are available upon request from the organization.

Form 990, Part VI, Section C, Line 19

All information and policies are available upon request from the organization.

Filing and Contact Details

Filer

Filer Name
Charles River Watershed Association Inc
EIN
04-6136989
Phone
6175405650
Address
41 WEST STREET FLOOR 8, BOSTON, MA 02111

Signing Officer

Name
Larry Yu
Title
Clerk
Phone
6175405650
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Yu
Formed
1966
Legal Domicile
Ma
Voting Board Members
19
Independent Board Members
19
Employees
24
Volunteers
1,071

Preparer

Firm
Nash Cpas LLC
Address
501 PROVIDENCE HWY, NORWOOD, MA 02062
Preparer
Raechel Grady
Phone
7812861320
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

In february 2019, the organization entered into an escrow agreement with the town of milford and milford power llc for implementation of subwatershed restoration projects. The projects are to be completed by the town of milford and funds will be released to the town in accordance with the agreement. During the year ended september 30, 2024, interest earned was $71. Funds released during the fiscal year totaled $363. As of september 30, 2024, the escrow held for others was $20,197.

PART V, LINE 4:

The organization has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment while seeking to maintain the purchasing power of the endowment assets.

PART X, LINE 2:

The organization qualifies as an organization formed for charitable purposes under section 501(c)(3) of the internal revenue code (irc) and is generally not subject to income tax. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. In addition, the organization is not a private foundation under section 509(a)(1). Management has analyzed the tax position taken by the organization and has concluded that as of sept 30, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, the financial statements do not reflect a provision for income taxes and the organization has no other tax positions which must be considered for disclosure.

Raw XML AppendixShowing 400 of 612 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0CLIMATE RESILIENCE - CRWA IS COMMITTED TO REDUCING THE IMPACTS OF CLIMATE CHANGE AND SUPPORTING RESTORATIVE CLIMATE ADAPTATION. THE ORGANIZATION WORKS EVERY DAY ACROSS ALL PROGRAM AREAS TO CREATE RIVER AND WATERSHED RESILIENCE TO MORE INTENSE RAIN EVENTS, MORE FREQUENT SUMMERTIME DROUGHTS AND HOTTER TEMPERATURES. IT DOES THIS THROUGH CRWA'S WATER-ENERGY NEXUS WORK, BRINGING TOGETHER MUNICIPAL STAFF FROM ACROSS THE WATERSHED AS PART OF THE CHARLES RIVER CLIMATE COMPACT, PARTICIPATION IN MUNICIPAL AND STATE CLIMATE PLANNING INITIATIVES, EDUCATING LOCAL ELECTED OFFICIALS, WATERSHED- AND SUBWATERSHED-SCALE PLANNING, STREAM, WETLAND AND FLOODPLAIN RESTORATION, DAM REMOVAL, LEGISLATIVE LOBBYING AND ADVOCACY. CRWA IS ALSO ACTIVELY WORKING TO ENGAGE WITH COMMUNITIES THAT ARE PARTICULARLY VULNERABLE TO THE IMPACTS OF CLIMATE CHANGE, ESPECIALLY LOW INCOME AND MARGINALIZED COMMUNITIES. CRWA IS WORKING TO DEVELOP A GREENER AND MORE JUST WORLD THAT WILL BE MORE RESILIENT TO THE CHANGES THAT ARE COMING.
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IRS990/MissionDesc0PROTECT, RESTORE AND ENHANCE THE CHARLES RIVER AND ITS WATERSHED THROUGH SCIENCE, ADVOCACY AND THE LAW.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION AND OUTREACH - CRWA'S WORK TO PROMOTE BETTER WATERSHED MANAGEMENT AND RIVER STEWARDSHIP INCLUDES A WIDE RANGE OF OUTREACH AND EDUCATIONAL PROGRAMMING: EDUCATIONAL TALKS AND PRESENTATIONS TO SCHOOLS AND COMMUNITY GROUPS; A COMPREHENSIVE WEBSITE AND ONLINE COMMUNICATIONS; THE PUBLICATION OF BROCHURES, PLANS AND REPORTS; TRAININGS AND WORKSHOPS FOR MUNICIPAL EMPLOYEES; AND PARTICIPATION IN MANY LOCAL AND REGIONAL EVENTS AND ACTIVITIES. COMMITTED TO GROWING THE NEXT GENERATION OF ENVIRONMENTALISTS, CRWA TRAINS NUMEROUS STUDENT INTERNS EACH YEAR AND HOSTS THE RITA BARRON FELLOW, A ONE-YEAR POSITION FOR RECENT MASTERS' DEGREE GRADUATES, AND ENGAGES NATIONAL AND INTERNATIONAL GROUPS FOR EDUCATIONAL AND NETWORKING PURPOSES.AN IMPORTANT COMPONENT OF THIS PROGRAM ARE TWO SIGNATURE OUTREACH EVENTS:THE RUN OF THE CHARLES CANOE AND KAYAK RACE HELD EVERY APRIL, CRWA'S RUN OF THE CHARLES CANOE AND KAYAK RACE, WHICH BEGAN 38 YEARS AGO, SHOWCASES THE ONGOING IMPROVEMENTS TO THE RIVER. THIS RACE IS ONE OF THE NATION'S OLDEST AND LARGEST CANOE AND KAYAK RACES ATTRACTING OVER 1,000 NATIONAL AND INTERNATIONAL PROFESSIONALS, AMATEURS, AND CORPORATE TEAMS COMPETING ON THE 26-MILE COURSE.ANNUAL EARTH DAY CHARLES RIVER CLEANUP THE ANNUAL EARTH DAY CHARLES RIVER CLEAN UP BRINGS THOUSANDS OF VOLUNTEERS TOGETHER ACROSS THE WATERSHED TO MAKE THE CHARLES CLEANER, HEALTHIER AND MORE BEAUTIFUL BY PICKING UP TRASH AND REMOVING DEBRIS. CRWA ORGANIZES THE CLEANUP IN PARTNERSHIP AND COLLABORATION WITH PARKLAND AND ENVIRONMENTAL GROUPS, COMMUNITIES, AND THE MA DEPARTMENT OF CONSERVATION AND RECREATION.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0158437
IRS990/ProgSrvcAccomActy3Grp/Desc0ADVOCACY, POLICY, AND LAW - CRWA IS INVOLVED IN EVERY MAJOR DECISION AFFECTING THE HEALTH OF THE CHARLES RIVER AND IN IMPORTANT STATEWIDE WATER ISSUES. ADVOCACY INCLUDES COMMENTING ON ALL MAJOR WATERSHED DEVELOPMENT AND REDEVELOPMENT PROJECTS, CHALLENGING PERMITS ADMINISTRATIVELY AND SOMETIMES IN COURT, PARTICIPATING IN HEARINGS BEFORE LOCAL BOARDS AND COMMISSIONS AND STATE AGENCIES, PROTECTING PUBLIC TRUST LANDS AND ACCESS TO PARKLANDS, PARTICIPATING IN TASK FORCES, LOBBYING ON ENVIRONMENTAL LEGISLATION, AND WORKING WITH MANY PARTNER ORGANIZATIONS ON ISSUES OF NATIONAL, REGIONAL AND STATE SIGNIFICANCE, SUCH AS CLIMATE CHANGE, SMART GROWTH, STORMWATER POLLUTION, AND SUSTAINABLE WATER RESOURCE POLICIES AND REGULATIONS. CRWA'S STRONG SCIENCE IS INTEGRAL TO ITS ADVOCACY AND POSITIONS THE ORGANIZATION ADOPTS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0STORMWATER SOLUTIONS - CURBING STORMWATER POLLUTION WITH GREEN INFRASTRUCTURE SOLUTIONS AND STRONGER STORMWATER REGULATIONS TO ACHIEVE A CLEAN, RESILIENT CHARLES RIVER FOR FUTURE GENERATIONS.RIVER SCIENCE AND RESTORATION - COLLECTING ROBUST WATER QUALITY DATA TO UNDERSTAND THE HEALTH OF OUR RIVER, ADVOCATE FOR EFFECTIVE CLEANUP AND RESTORATION STRATEGIES, AND PROTECT PUBLIC HEALTH. REMOVING DEFUNCT DAMS, TACKLING INVASIVE SPECIES, DAYLIGHTING STREAMS, AND MORE TO RESTORE NATURAL ECOLOGY AND BUILD CLIMATE RESILIENCE.
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