Civic Intelligence

North & South Rivers Watershed Association Inc

EIN 23-7181992 • 501(c)3 • Norwell, MA

Profile

To preserve, restore, maintain and conserve in their natural state, the waters and related natural resources within the North and South River's watershed.

PO Box 43Norwell, MA 02061

www.nsrwa.org

Siviq Scores

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

Liabilities / Assets

61st percentile

0.14x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.34x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

81st percentile

31%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,115,736

Up $331,429 (+12%) from 2023

Liabilities

Up

$432,417

Up $332,846 (+334%) from 2023

Net Assets

Down

$2,683,319

Down $1,417 (-0.1%) from 2023

Revenue

Down

$1,279,925

Down $570,267 (-31%) from 2023

Expenses

Down

$885,561

Down $161,761 (-15%) from 2023

Net Income

Down

$394,364

Down $408,506 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $511,012Liabilities 2012: $8,569Net Assets 2012: $502,4432012Assets 2013: $582,890Liabilities 2013: $31,996Net Assets 2013: $550,8942013Assets 2014: $590,295Liabilities 2014: $20,978Net Assets 2014: $569,3172014Assets 2015: $655,773Liabilities 2015: $13,810Net Assets 2015: $641,9632015Assets 2016: $643,659Liabilities 2016: $11,696Net Assets 2016: $631,9632016Assets 2017: $668,837Liabilities 2017: $7,408Net Assets 2017: $661,4292017Assets 2018: $934,820Liabilities 2018: $37,837Net Assets 2018: $896,9832018Assets 2019: $1,040,773Liabilities 2019: $31,262Net Assets 2019: $1,009,5112019Assets 2020: $1,220,232Liabilities 2020: $109,521Net Assets 2020: $1,110,7112020Assets 2021: $1,924,066Liabilities 2021: $79,943Net Assets 2021: $1,844,1232021Assets 2022: $1,926,488Liabilities 2022: $97,596Net Assets 2022: $1,828,8922022Assets 2023: $2,784,307Liabilities 2023: $99,571Net Assets 2023: $2,684,7362023Assets 2024: $3,115,736Liabilities 2024: $432,417Net Assets 2024: $2,683,3192024

Highlighted filing

2024

Assets$3,115,736
Liabilities$432,417
Net Assets$2,683,319

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $316,7512012Revenue 2013: $386,833Expenses 2013: $352,630Net Income 2013: $34,2032013Revenue 2014: $345,115Expenses 2014: $340,921Net Income 2014: $4,1942014Revenue 2015: $396,825Expenses 2015: $320,192Net Income 2015: $76,6332015Revenue 2016: $373,940Expenses 2016: $391,828Net Income 2016: -$17,8882016Revenue 2017: $463,872Expenses 2017: $455,779Net Income 2017: $8,0932017Revenue 2018: $760,669Expenses 2018: $511,769Net Income 2018: $248,9002018Revenue 2019: $700,966Expenses 2019: $588,438Net Income 2019: $112,5282019Revenue 2020: $734,338Expenses 2020: $633,138Net Income 2020: $101,2002020Revenue 2021: $1,297,771Expenses 2021: $597,348Net Income 2021: $700,4232021Revenue 2022: $950,506Expenses 2022: $810,728Net Income 2022: $139,7782022Revenue 2023: $1,850,192Expenses 2023: $1,047,322Net Income 2023: $802,8702023Revenue 2024: $1,279,925Expenses 2024: $885,561Net Income 2024: $394,3642024

Highlighted filing

2024

Revenue$1,279,925
Expenses$885,561
Net Income$394,364

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.0
Gross Receipts
$1,287,244
Mission and Program Overview

Mission

To preserve, restore, maintain and conserve in their natural state, the waters and related natural resources within the north and south river's watershed.

To preserve, restore and maintain and conserve the north and south rivers watershed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,423,427$2,050,987▲ $627,560
Pledges and Grants Receivable$573,801$426,969▼ $146,832
Savings and Temporary Cash Investments$319,710$255,636▼ $64,074
Cash and Non-Interest-Bearing Accounts$270,034$201,420▼ $68,614
Land, Buildings, and Equipment, Net$182,895$163,663▼ $19,232
Prepaid Expenses and Deferred Charges$12,492$15,111▲ $2,619
Total Assets$2,784,307$3,115,736▲ $331,429
Other Assets Total$1,948$1,950▲ $2
Liabilities
Other Liabilities$1,948$339,283▲ $337,335
Escrow Account Liability$38,070$41,661▲ $3,591
Accounts Payable and Accrued Expenses$34,603$26,023▼ $8,580
Deferred Revenue$24,950$25,450▲ $500
Total Liabilities$99,571$432,417▲ $332,846
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,887,504$1,695,626▼ $191,878
Net Assets With Donor Restrictions$797,232$987,693▲ $190,461
Total Net Assets Fund Balance$2,684,736$2,683,319▼ $1,417
Total Liabilities and Net Assets / Fund Balance$2,784,307$3,115,736▲ $331,429

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,818$121,512$146,330
Land$89,600-$89,600
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rick MayfieldPresident
Caleb EstabrooksDirector
Craig HannafinDirector
Debbie LenahanDirector
Geoffrey GordonDirector
Janet FairbanksDirector
Jeff DemarcoDirector
Jocelyn KeeganDirector
Josh HochDirector
Kevin CassidyDirector
Margery ParkerDirector
Peter HainerDirector
Russell LandonDirector
Tad BeagleyDirector
Barbara CarneyClerk
Samantha WoodsExecutive Di
Ariel HurleyTreasurer
Susan DarnellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,092,863
Program Service Revenue
$66,384
Investment Income
$95,878
Other Revenue
$24,800
All Other Contributions
$303,313
Change in Net Assets
$394,364

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded2$46,359
Total Noncash Contributions2$46,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,279,925
Revenue Not Reported on Form 990
$61,538
Total Revenue per Audited Statements
$1,341,463
Total Revenue per Form 990
$1,279,925
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$614,536
Other Expenses$271,025
Total Fundraising Expense$68,411
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$444,418$76,838$27,814$549,070
Office Expenses$40,952$6,920$15,477$63,349
Payroll Taxes$39,885$5,316$2,500$47,701
Fees for Services Other$36,667$2,460-$39,127
Depreciation Depletion$14,615$4,615-$19,230
Other Employee Benefits$8,081$9,123$561$17,765
Insurance$5,474$11,818-$17,292
Travel$9,903$1,641$30$11,574
Occupancy$1,775$6,821-$8,596
Advertising$3,954--$3,954
Other Expenses$3,280$1,385$89$3,280
Total Functional Expenses$667,771$149,379$68,411$885,561

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$892,880
Expenses per Audited Statements$885,561
Total Expenses per Form 990$885,561
Expenses Not Reported on Form 990$7,319
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,126
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Pledge$337,333
Security Depoist$1,950
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

While the form 990 is available to all board members upon request before filing, the treasureer is given a copy of hte form 990 to review and approvie prior to finalizing and filings.

Form 990, Page 6, Part VI, Line 12C

Annually the board of directors and members of the organizations committess are required to complete a conflict of interest disclosure, where they would indicat any conflits that exist, in the event of conflict exits the applicable board or committee member removes themselves from votes that perain to the noted conflict.

Form 990, Page 6, Part VI, Line 15A

The board of directors approves compensation of the executive director annually, and in connection with the aformentioned approval process, the board of directors conducts a performance review and utilizing available resources of similar orgainzations, approves the executive directors salary for the upcomeing year.

Form 990, Page 6, Part VI, Line 15B

The executive director approves compensation of other officers and key employees annually, and in the connection with the aforementioned approval process, the executive director conducts performaance reviews for all the other officers and key employees and utilizing available resources of similar organizations, approves their salary for the upcoming year.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements availbable to the public upon request.

Filing and Contact Details

Filer

Filer Name
North & South Rivers Watershed
EIN
23-7181992
Phone
7816598168
Address
PO BOX 43, NORWELL, MA 02061

Signing Officer

Name
Samantha Woods
Title
Executive Director
Phone
7816598168
Signed
2025-05-19

Organization Details

Principal Officer
Samantha Woods
Formed
1970
Legal Domicile
Ma
Voting Board Members
17
Independent Board Members
17
Employees
21

Preparer

Firm
Goulet Salvidio & Associates Pc
Address
324 GROVE ST, WORCESTER, MA 01605
Preparer
Tracy I Vaughan CPA
Phone
5087575957
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Product purchase 7,319 product purchase -7,319

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

PRODUCT PURCHASE 7,319

Schedule D, Page 4, Part XII, Line 2D

PRODUCT PURCHASE 7,319

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IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PRESERVE, RESTORE AND MAINTAIN AND CONSERVE THE NORTH AND SOUTH RIVERS WATERSHED.
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09123
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08081
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IRS990/OtherExpensesGrp/Desc0COMPUTER EXPENSES
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990/ProgSrvcAccomActy2Grp/Desc0TO ENGAGE: TO PROIVDE PROGRAMS THAT DEEPEN PEOPLE'S CONNECTION WITH WATER BY BEING IN NATURE OR BY TAKING ACTION TO HELP RESOLVE ENVIRONMENTAL ISSUES FACING OUR WATER.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0210814
IRS990/ProgSrvcAccomActy3Grp/Desc0TO EDUCATE: TO PROVIDE PROGRAMS THAT TEACH PEOPLE ABOUT OUR WATERS AND HOW TO PROTECT THEM.
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IRS990ScheduleA/TotalSupportAmt05327807
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/BuildingsGrp/BookValueAmt024818
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0121512
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IRS990ScheduleD/DonatedServicesAndUseFcltsAmt010733
IRS990ScheduleD/ExpensesNotReportedAmt07319
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IRS990ScheduleD/LandGrp/BookValueAmt089600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt089600
IRS990ScheduleD/NetUnrealizedGainsInvstAmt043486
IRS990ScheduleD/OtherExpensesIncludedAmt07319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0337333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED PLEDGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOIST
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IRS990ScheduleD/RevenueNotReportedAmt061538
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PRODUCT PURCHASE 7,319
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PRODUCT PURCHASE 7,319
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0114418

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