Civic Intelligence

Streams & Valleys Inc.

990 • Fiscal year 2023 • EIN 23-7109965

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

2918 Wingate StreetFort Worth, TX 76107

(817) 926-0006

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

46th percentile

0.01x

Higher debt load relative to revenue than 46% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

38th percentile

-1.1%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

39th percentile

-0.2%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

16%

Faster revenue growth than 60% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$881,105

Down $1,597 (-0.2%) from 2022

Net Assets

Down

$873,951

Down $6,085 (-0.7%) from 2022

Liabilities

Up

$7,154

Up $4,488 (+168%) from 2022

Revenue

Up

$551,529

Up $74,342 (+16%) from 2022

Expenses

Up

$557,614

Up $217,062 (+64%) from 2022

Net Income

Down

-$6,085

Down $142,720 (-104%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2013: $1,287,695Liabilities 2013: $0Net Assets 2013: $1,287,6952013Assets 2014: $1,290,568Liabilities 2014: $570Net Assets 2014: $1,289,9982014Assets 2015: $1,095,893Liabilities 2015: $901Net Assets 2015: $1,094,9922015Assets 2016: $868,950Liabilities 2016: $1,473Net Assets 2016: $867,4772016Assets 2017: $979,298Liabilities 2017: $2,043Net Assets 2017: $977,2552017Assets 2018: $467,439Liabilities 2018: $2,379Net Assets 2018: $465,0602018Assets 2019: $412,957Liabilities 2019: $1,328Net Assets 2019: $411,6292019Assets 2020: $419,293Liabilities 2020: $13,897Net Assets 2020: $405,3962020Assets 2021: $749,952Liabilities 2021: $6,551Net Assets 2021: $743,4012021Assets 2022: $882,702Liabilities 2022: $2,666Net Assets 2022: $880,0362022Assets 2023: $881,105Liabilities 2023: $7,154Net Assets 2023: $873,9512023Assets 2024: $959,112Liabilities 2024: $11,875Net Assets 2024: $947,2372024

Highlighted filing

2023

Assets$881,105
Liabilities$7,154
Net Assets$873,951

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2013: $213,029Expenses 2013: $295,046Net Income 2013: -$82,0172013Revenue 2014: $294,490Expenses 2014: $293,195Net Income 2014: $1,2952014Revenue 2015: $206,290Expenses 2015: $439,966Net Income 2015: -$233,6762015Revenue 2016: $310,251Expenses 2016: $571,922Net Income 2016: -$261,6712016Revenue 2017: $623,297Expenses 2017: $551,339Net Income 2017: $71,9582017Revenue 2018: $332,161Expenses 2018: $853,043Net Income 2018: -$520,8822018Revenue 2019: $433,043Expenses 2019: $249,167Net Income 2019: $183,8762019Revenue 2020: $201,560Expenses 2020: $207,793Net Income 2020: -$6,2332020Revenue 2021: $598,216Expenses 2021: $260,211Net Income 2021: $338,0052021Revenue 2022: $477,187Expenses 2022: $340,552Net Income 2022: $136,6352022Revenue 2023: $551,529Expenses 2023: $557,614Net Income 2023: -$6,0852023Revenue 2024: $636,239Expenses 2024: $474,643Net Income 2024: $161,5962024

Highlighted filing

2023

Revenue$551,529
Expenses$557,614
Net Income-$6,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$723,933
Mission and Program Overview

Mission

Streams and valleys, inc. Is a non-profit organization that plans and coordinates recreation enhancements, beautification efforts and public recognition of the trinity river and its tributaries in fort worth and tarrant county through volunteer recruiting, fundraising, development and event programing.

Streams and valleys, inc. Passionately advocates for the trinity river in fort worth, ensuring that it remains an asset to the entire community, by initiating and coordinating recreation, beautification and utilization of the river. The majority of the efforts focus on creating access to the river; development of its recreational amenities; recruiting and promoting volunteerism; and facilitating community support through gifts which enable the mission to be furthered.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$282,278$660,667▲ $378,389
Accounts Receivable$76,500$164,539▲ $88,039
Cash and Non-Interest-Bearing Accounts$523,212$55,798▼ $467,414
Land, Buildings, and Equipment, Net$712$101▼ $611
Total Assets$882,702$881,105▼ $1,597
Liabilities
Accounts Payable and Accrued Expenses$0$4,535▲ $4,535
Other Liabilities$2,666$2,619▼ $47
Total Liabilities$2,666$7,154▲ $4,488
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$880,036$873,951▼ $6,085
Total Net Assets Fund Balance$880,036$873,951▼ $6,085
Total Liabilities and Net Assets / Fund Balance$882,702$881,105▼ $1,597

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$101$19,111$19,212
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$635,123
Program Service Revenue
$0
Investment Income
$19,208
Other Revenue
$-102,802
All Other Contributions
$535,124
Change in Net Assets
$-6,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$235,000
Other Expenses$209,550
Salaries, Compensation, and Employee Benefits$113,064
Total Fundraising Expense$26,045
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$235,000--$235,000
Current Officers, Directors, Trustees, and Key Employees$73,500$21,000$10,500$105,000
Advertising$17,608$3,867$1,934$23,409
Office Expenses$12,366$3,533$1,767$17,666
Fees for Services Legal$9,253$1,440$720$11,413
Occupancy$7,700$2,200$1,100$11,000
Payroll Taxes$5,645$1,613$806$8,064
Insurance$5,282$1,509$755$7,546
Conferences and Meetings$4,357$1,245$622$6,224
Fees for Services Accounting$3,175$907$454$4,536
Other Expenses$3,695$11,906$1,372$1,372
Depreciation Depletion$427$122$61$610
All Other Expenses$94$1$1$96
Total Functional Expenses$482,226$49,343$26,045$557,614
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Fort WorthFort Worth, TX501c3Open Space Conservation Program$200,000
City of Fort WorthFort Worth, TX501c3PARK DEPARTMENT'S CENTERPORT TRAIL PROJECT$35,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$172,404
Fundraising Gross Income$69,602
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fort Worth Fourth$143,940$43,941$65,129$-21,188
Total Events$169,601$69,602$172,404$-102,802
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,619
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

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

The officers review the 990. It is not subject to a vote. The form 990 is distributed to all board members.

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

Officers and directors are reviewed annually to determine service to organization. Conflict of interest issues are included in this review, and disclosure forms are re-signed.

Form 990, Part VI, Section B, line 15

Salaries for employees are reviewed by officers on an annual basis with recommendations taken by the board for any changes.

Form 990, Part VI, Section C, line 18

Form 990 is available upon request at our offices.

Form 990, Part VI, Section C, line 19

Financial statements are available in the annual report distributed at the annual meeting, or upon request. Governing documents and conflict of interest policy is available upon request.

Filing and Contact Details

Filer

Filer Name
Streams & Valleys Inc
EIN
23-7109965
Phone
8179260006
Address
2918 WINGATE STREET, FORT WORTH, TX 76107

Signing Officer

Name
Jennifer Harnish
Title
Chairman of the Board
Phone
8179260006
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Harnish
Formed
1971
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
19
Employees
1
Volunteers
39

Preparer

Firm
The Walton Group LLC
Address
6100 Southwest Blvd Ste 400, Fort Worth, TX 76109
Preparer
Mark L Walton
Phone
8177311155
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IRS990/MissionDesc0STREAMS AND VALLEYS, INC. IS A NON-PROFIT ORGANIZATION THAT PLANS AND COORDINATES RECREATION ENHANCEMENTS, BEAUTIFICATION EFFORTS AND PUBLIC RECOGNITION OF THE TRINITY RIVER AND ITS TRIBUTARIES IN FORT WORTH AND TARRANT COUNTY THROUGH VOLUNTEER RECRUITING, FUNDRAISING, DEVELOPMENT AND EVENT PROGRAMING.
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IRS990/PrincipalOfficerNm0JENNIFER HARNISH
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IRS990/ProgSrvcAccomActy2Grp/Desc0SEE SCHEDULE OTHE FOUNDERS OF STREAMS AND VALLEYS SET IN PLACE A PROJECT-FUNDING MECHANISM THAT HAS SERVED ITS COMMUNITY EXCEPTIONALLY WELL THROUGHOUT A 50 YEAR HISTORY. WITH THE UNDERSTANDING THAT THE RIVER CORRIDOR IS OWNED AND MAINTAINED BY TWO GOVERNMENT AGENCIES, THE TARRANT REGIONAL WATER DISTRICT AND THE CITY OF FORT WORTH, IT WAS MANDATORY THAT STREAMS AND VALLEYS ESTABLISH STRONG, TRUSTING, WORKING RELATIONSHIPS WITH BOTH. TO THAT END, THE ORGANIZATION CONTRIBUTES SIGNIFICANT STAFF TIME AND RESOURCES TOWARD: - RESEARCHING AND COMMUNICATING PROGRAM FUNDING OPPORTUNITIES - PRESENTING TO LOCAL GOVERNMENT AGENCIES - COORDINATING INTERLOCAL EFFORTS - FACILITATING IMPLEMENTATION OF PROGRAMSIN THIS WAY, STREAMS AND VALLEYS IS ABLE TO LEVERAGE ITS PRIVATE DONATIONS WITH THE RESOURCES OF GOVERNMENT AGENCIES TO DEVELOP AMENITIES AND PROGRAMMING THAT COULD NOT BE ACHIEVED IF ANY PARTNER WAS OPERATING INDEPENDENTLY. INSPIRATION, EDUCATION AND ADVOCACY PROVIDED BY STREAMS AND VALLEYS RESULTS IN IMPROVEMENTS TO THE RIVER CORRIDOR VALUED MUCH HIGHER THAN ANY SINGLE AGENCY'S CONTRIBUTION.
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IRS990/ProgSrvcAccomActy3Grp/Desc0STREAMS AND VALLEYS SPONSORS AWARENESS PROGRAMS THROUGHOUT THE YEAR TO HIGHLIGHT AND DRAW CITIZENS TO THE TRINITY RIVER AND ITS TRIBUTARIES FOR RECREATION AND RELAXATION. THE ORGANIZATION PERIODICALLY HOSTS SPECIAL EVENTS OR EXHIBITIONS THAT HIGHLIGHT THE RIVER IN OUR COMMUNITY WHEATHER IT BE THROUGH COMMUNITY BIKING AND RUNNING OPPORTUNITIES, RIVER TALKS, PHOTOGRAPHY, OR EVENTS ON THE RIVER.
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