Civic Intelligence

Yadkin Riverkeeper Inc.

990 • Fiscal year 2022 • EIN 26-1874687

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

846 West Fourth StreetWinstonsalem, NC 27101

(336) 722-4949

Siviq Scores

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

Liabilities / Assets

85th percentile

0.50x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.19x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Net Margin

32nd percentile

-9.1%

Higher net margin than 32% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Top Officer Pay

96th percentile

$77,400

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 26.7% of source-year revenue.

2022 filings • NTEE B90 • <$500k nonprofits • Source year 2022

Asset Growth

34th percentile

-12%

Faster asset growth than 34% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

45th percentile

2.3%

Faster revenue growth than 45% of similar nonprofits.

2022 filings • NTEE B90 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$109,530

Down $14,630 (-12%) from 2021

Net Assets

Down

$54,539

Down $27,647 (-34%) from 2021

Liabilities

Up

$54,991

Up $13,017 (+31%) from 2021

Revenue

Up

$290,185

Up $6,580 (+2.3%) from 2021

Expenses

Up

$316,702

Up $43,369 (+16%) from 2021

Net Income

Down

-$26,517

Down $36,789 (-358%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $12,544Liabilities 2010: $5,687Net Assets 2010: $6,8572010Assets 2011: $19,087Liabilities 2011: $7,466Net Assets 2011: $11,6212011Assets 2012: $37,937Liabilities 2012: $7,178Net Assets 2012: $30,7592012Assets 2013: $32,001Liabilities 2013: $7,071Net Assets 2013: $24,9302013Assets 2014: $174,021Liabilities 2014: $4,899Net Assets 2014: $169,1222014Assets 2020: $104,968Liabilities 2020: $34,013Net Assets 2020: $70,9552020Assets 2021: $124,160Liabilities 2021: $41,974Net Assets 2021: $82,1862021Assets 2022: $109,530Liabilities 2022: $54,991Net Assets 2022: $54,5392022Assets 2023: $107,320Liabilities 2023: $31,583Net Assets 2023: $75,7372023Assets 2024: $172,838Liabilities 2024: $42,378Net Assets 2024: $130,4602024

Highlighted filing

2022

Assets$109,530
Liabilities$54,991
Net Assets$54,539

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $304,5162010Expenses 2011: $275,2552011Expenses 2012: $282,3052012Revenue 2013: $277,627Expenses 2013: $283,456Net Income 2013: -$5,8292013Revenue 2014: $460,898Expenses 2014: $316,706Net Income 2014: $144,1922014Revenue 2020: $304,271Expenses 2020: $290,861Net Income 2020: $13,4102020Revenue 2021: $283,605Expenses 2021: $273,333Net Income 2021: $10,2722021Revenue 2022: $290,185Expenses 2022: $316,702Net Income 2022: -$26,5172022Revenue 2023: $325,805Expenses 2023: $305,549Net Income 2023: $20,2562023Revenue 2024: $510,405Expenses 2024: $457,167Net Income 2024: $53,2382024

Highlighted filing

2022

Revenue$290,185
Expenses$316,702
Net Income-$26,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$300,612
Mission and Program Overview

Mission

To preserve and protect the Yadkin Pee Dee River Basin through education, advocacy and action.

To preserve and protect the yadkin pee dee river basin through education, advocacy, and action.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$102,912$96,098▼ $6,814
Rtn Earn Endowment Incm Other Fnds$82,186$54,539▼ $27,647
Investments Other Securities$7,987$6,887▼ $1,100
Accounts Receivable$10,564$4,413▼ $6,151
Inventories for Sale or Use$869$869→ $0
Land, Buildings, and Equipment, Net$1,445$751▼ $694
Total Assets$124,160$109,530▼ $14,630
Other Assets Total$383$512▲ $129
Liabilities
Deferred Revenue$41,974$53,806▲ $11,832
Accounts Payable and Accrued Expenses-$1,185-
Total Liabilities$41,974$54,991▲ $13,017
Net Assets / Fund Balance
Total Net Assets Fund Balance$82,186$54,539▼ $27,647
Total Liabilities and Net Assets / Fund Balance$124,160$109,530▼ $14,630

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$751$26,444$27,195
Other Land Buildings-$13,650$13,650
Other Securities$6,887--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edgar MillerExecutive DiFT$75,000$2,400$77,400

Board Members and Trustees

NameTitle
Ashley WilcoxPresident
Chris PhelpsBoard Member
Cliff DosselBoard Member
David DameronBoard Member
Dr Darryl Baynes End 082022Board Member
Dr Kyana YoungBoard Member
Dr Sharon GrantBoard Member
Kelly IrwinBoard Member
Kerry Caslow End 072022Board Member
Mark HenkleBoard Member
Moriah GendyBoard Member
Rick HauserBoard Member
Shannon ReedBoard Member
Steve IldertonBoard Member
Joe MorrisSecretary
Darren SchwartzTreasurer
Dr Denise JohnsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$272,780
Program Service Revenue
$6,365
Investment Income
$31
Other Revenue
$11,009
All Other Contributions
$245,415
Change in Net Assets
$-26,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$193,577
Other Expenses$123,125
Total Fundraising Expense$27,208
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,080$12,600-$101,680
Current Officers, Directors, Trustees, and Key Employees$61,920$7,740$7,740$77,400
Fees for Services Other$28,270$1,185$14,612$44,067
Fees for Services Accounting$6,108$17,101$1,222$24,431
Payroll Taxes$12,322$1,450$725$14,497
Occupancy$9,000$3,000-$12,000
Office Expenses$5,944$3,427$726$10,097
Travel$6,403-$128$6,531
Conferences and Meetings$3,180$85-$3,265
Other Expenses$2,635$1,337$2,055$2,635
Insurance$656$1,900-$2,556
All Other Expenses$1,935$534-$2,469
Depreciation Depletion$624$70-$694
Advertising$422--$422
Total Functional Expenses$239,065$50,429$27,208$316,702
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,258
Fundraising Direct Expenses$10,427
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Communities of$11,449$11,449$5,015$6,434
Fall Oyster Roa$16,884$8,809$5,412$3,397
Total Events$28,333$20,258$10,427$9,831
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
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, Page 6, Part VI, Line 11B

A copy of this return and all attached schedules were presented to the board and the executive director, edgar miller, for review and approval.

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

Each new employee and board member must read and acknowledge receipt of the policy upon their employment or board term. A new acknowledgement is required every six months. Each acknowledgement is reviewed by the board president.

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

An annual review is required for each employee and any increase in compensation is proposed at that time. Compensation increases are approved by the board as part of the budgeting process. Funding and budget constraints determine compensation levels and are researched through the north carolina center for non-profits.

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

See line 15a's explanation.

Form 990, Page 6, Part VI, Line 19

All public documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Yadkin Riverkeeper Inc
EIN
26-1874687
Phone
3367224949
Address
846 WEST FOURTH STREET, WINSTONSALEM, NC 27101

Signing Officer

Name
Ashley Wilcox
Title
President
Phone
3367224949
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edgar Miller
Formed
2008
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
50

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

River protection and public education- yadkin riverkeeper is responsible for monitoring and protecting the health of the yadkin river and its tributaries, which is the second largest river basin in north carolina and the source of drinking water for nearly one million residents of central north carolina. Yadkin riverkeeper identifies and addresses threats to the river and its tributaries posed by coal ash disposal, inactive hazardous waste sites, sprawl, stormwater, agricultural runoff and others through water quality sampling, monitoring programs, aerial surveys, regulatory action, litigation and advocacy. Through our river reconnect program we develop and provide educational resources for the general public and sponsor public outreach events, educational forums and river/stream cleanup programs throughout the year.

Form 990, Page 2, Part III, Line 4B

Yadkin river state trail program - yrk has been designated as the official nonprofit partner for the yadkin river state trail (yrst) by the nc department of natural and cultural resources (ncdncr). The yrst is a state-designated 164-mile paddle trail that extends from the kerr scott reservoir in wilkes county to the confluence of the yadkin with the uwharrie river at lake tillery in montgomery county. Yrk has developed a five-year plan to make improvements to existing yrst access areas and to identify new access areas. Yrk will use state capacity building funds to implement the five year plan to enhance access to and improve safety on the yrst paddle trail. We have been working on online and printed maps for the yrst blueway that will be released to the public in 2023. Yrk will use ncdncr's "complete the trail" funds to provide pass through grants to local partners to make access area improvements and post access area signs and mile markers along yrst.

Form 990, Page 2, Part III, Line 4C

Pure farms, pure water campaign- yadkin riverkeeper researches and assesses the impact of large sale animal production operations or "concentrated animal feeding operations" (cafos) on the water quality of the yadkin river. The rate of growth of large-scale poultry houses in the watershed doubled between 2016-18, with more than 300 million chickens produced in the basin annually according to the most recent usda figures. As part of this program, yrk regularly monitors the waterways for increased nutrients and bacteria that runoff from field where the chicken litter is applied as fertilizer. We also conduct aerial surveys to identify improper manure storage and runoff. The unchecked growth in the industry is largely due to the lack of siting and permitting requirements in north carolina, which yrk is working with state agencies and others to address. The yadkin river and its lakes have experienced more than 250 harmful algal blooms between 2012 -18, which can lead to cyanotoxins in the water and hypoxia in the lakes, both hazardous to humans, pets, wildlife and aquatic systems. As part of this program, yrk also has launched its sustainable farms initiative, which seeks to assist and support small livestock farmers that directly market their products in implementing best management practices to reduce agricultural runoff into the river and streams.

Form 990, Page 2, Part III, Line 4D

Yadkin river historic paddle series- each summer, yrk organizes four-to-six river paddles highlighting the natural and cultural heritage of historic segments of the river. The paddles are educational and help build public awareness about the beauty of the river and the need to protect it from a myriad of threats. Annually, we put between 150-200 paddlers on the water. The paddles generate direct economic activity for the small towns and rural areas along the river and benefit the ecotourism industry in those communities, including outfitters, restaurants, wineries and other agritourism venues.

Form 990, Part IX, Line 11G

Other fees 28,270 1,185 14,612

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IRS990/ProgSrvcAccomActy2Grp/Desc0YADKIN RIVER STATE TRAIL PROGRAM - YRK HAS BEEN DESIGNATED AS THE OFFICIAL NONPROFIT PARTNER FOR THE YADKIN RIVER STATE TRAIL (YRST) BY THE NC DEPARTMENT OF NATURAL AND CULTURAL RESOURCES (NCDNCR). THE YRST IS A STATE-DESIGNATED 164-MILE PADDLE TRAIL THAT EXTENDS FROM THE KERR SCOTT RESERVOIR IN WILKES COUNTY TO THE CONFLUENCE OF THE YADKIN WITH THE UWHARRIE RIVER AT LAKE TILLERY IN MONTGOMERY COUNTY. YRK HAS DEVELOPED A FIVE-YEAR PLAN TO MAKE IMPROVEMENTS TO EXISTING YRST ACCESS AREAS AND TO IDENTIFY NEW ACCESS AREAS. YRK WILL USE STATE CAPACITY BUILDING FUNDS TO IMPLEMENT THE FIVE YEAR PLAN TO ENHANCE ACCESS TO AND IMPROVE SAFETY ON THE YRST PADDLE TRAIL. WE HAVE BEEN WORKING ON ONLINE AND PRINTED MAPS FOR THE YRST BLUEWAY THAT WILL BE RELEASED TO THE PUBLIC IN 2023. YRK WILL USE NCDNCR'S "COMPLETE THE TRAIL" FUNDS TO PROVIDE PASS THROUGH GRANTS TO LOCAL PARTNERS TO MAKE ACCESS AREA IMPROVEMENTS AND POST ACCESS AREA SIGNS AND MILE MARKERS ALONG YRST.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PURE FARMS, PURE WATER CAMPAIGN- YADKIN RIVERKEEPER RESEARCHES AND ASSESSES THE IMPACT OF LARGE SALE ANIMAL PRODUCTION OPERATIONS OR "CONCENTRATED ANIMAL FEEDING OPERATIONS" (CAFOS) ON THE WATER QUALITY OF THE YADKIN RIVER. THE RATE OF GROWTH OF LARGE-SCALE POULTRY HOUSES IN THE WATERSHED DOUBLED BETWEEN 2016-18, WITH MORE THAN 300 MILLION CHICKENS PRODUCED IN THE BASIN ANNUALLY ACCORDING TO THE MOST RECENT USDA FIGURES. AS PART OF THIS PROGRAM, YRK REGULARLY MONITORS THE WATERWAYS FOR INCREASED NUTRIENTS AND BACTERIA THAT RUNOFF FROM FIELD WHERE THE CHICKEN LITTER IS APPLIED AS FERTILIZER. WE ALSO CONDUCT AERIAL SURVEYS TO IDENTIFY IMPROPER MANURE STORAGE AND RUNOFF. THE UNCHECKED GROWTH IN THE INDUSTRY IS LARGELY DUE TO THE LACK OF SITING AND PERMITTING REQUIREMENTS IN NORTH CAROLINA, WHICH YRK IS WORKING WITH STATE AGENCIES AND OTHERS TO ADDRESS. THE YADKIN RIVER AND ITS LAKES HAVE EXPERIENCED MORE THAN 250 HARMFUL ALGAL BLOOMS BETWEEN 2012 -18, WHICH CAN LEAD TO CYANOTOXINS IN THE WATER AND HYPOXIA IN THE LAKES, BOTH HAZARDOUS TO HUMANS, PETS, WILDLIFE AND AQUATIC SYSTEMS. AS PART OF THIS PROGRAM, YRK ALSO HAS LAUNCHED ITS SUSTAINABLE FARMS INITIATIVE, WHICH SEEKS TO ASSIST AND SUPPORT SMALL LIVESTOCK FARMERS THAT DIRECTLY MARKET THEIR PRODUCTS IN IMPLEMENTING BEST MANAGEMENT PRACTICES TO REDUCE AGRICULTURAL RUNOFF INTO THE RIVER AND STREAMS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0YADKIN RIVER HISTORIC PADDLE SERIES- EACH SUMMER, YRK ORGANIZES FOUR-TO-SIX RIVER PADDLES HIGHLIGHTING THE NATURAL AND CULTURAL HERITAGE OF HISTORIC SEGMENTS OF THE RIVER. THE PADDLES ARE EDUCATIONAL AND HELP BUILD PUBLIC AWARENESS ABOUT THE BEAUTY OF THE RIVER AND THE NEED TO PROTECT IT FROM A MYRIAD OF THREATS. ANNUALLY, WE PUT BETWEEN 150-200 PADDLERS ON THE WATER. THE PADDLES GENERATE DIRECT ECONOMIC ACTIVITY FOR THE SMALL TOWNS AND RURAL AREAS ALONG THE RIVER AND BENEFIT THE ECOTOURISM INDUSTRY IN THOSE COMMUNITIES, INCLUDING OUTFITTERS, RESTAURANTS, WINERIES AND OTHER AGRITOURISM VENUES.
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