Civic Intelligence

Friends of the Chicago River

EIN 36-3559764 • 501(c)3 • Chicago, IL

Profile

The mission of friends of the chicago river is to improve and protect the chicago river system for people, plants and animals.

121 W Wacker Dr 1700Chicago, IL 60601

www.chicagoriver.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.41x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.43x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

41st percentile

0.9%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

93rd percentile

$246,712

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

35th percentile

-1.1%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

32%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,685,210

Up $724,420 (+37%) from 2022

Liabilities

Up

$1,088,592

Up $1,019,975 (+1486%) from 2022

Net Assets

Down

$1,596,618

Down $295,555 (-16%) from 2022

Revenue

Up

$2,530,514

Up $708,357 (+39%) from 2022

Expenses

Up

$2,508,550

Up $380,240 (+18%) from 2022

Net Income

Up

$21,964

Up $328,117 (+107%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2019: $2,175,136Liabilities 2019: $82,273Net Assets 2019: $2,092,8632019Assets 2020: $2,283,684Liabilities 2020: $55,896Net Assets 2020: $2,227,7882020Assets 2021: $2,312,071Liabilities 2021: $68,063Net Assets 2021: $2,244,0082021Assets 2022: $1,960,790Liabilities 2022: $68,617Net Assets 2022: $1,892,1732022Assets 2025: $2,685,210Liabilities 2025: $1,088,592Net Assets 2025: $1,596,6182025

Highlighted filing

2025

Assets$2,685,210
Liabilities$1,088,592
Net Assets$1,596,618

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $1,924,628Expenses 2019: $1,882,449Net Income 2019: $42,1792019Revenue 2020: $1,814,289Expenses 2020: $1,681,429Net Income 2020: $132,8602020Revenue 2021: $1,643,887Expenses 2021: $1,668,243Net Income 2021: -$24,3562021Revenue 2022: $1,822,157Expenses 2022: $2,128,310Net Income 2022: -$306,1532022Revenue 2025: $2,530,514Expenses 2025: $2,508,550Net Income 2025: $21,9642025

Highlighted filing

2025

Revenue$2,530,514
Expenses$2,508,550
Net Income$21,964

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 23, 2025
Return Version
2024v5.2
Gross Receipts
$2,787,177
Mission and Program Overview

Mission

To protect and restore the chicago-calumet river system for all people, water, and wildlife.

To protect and restore the chicago-calumet river system for all people, water, and wildlife

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$432,976$484,322▲ $51,346
Pledges and Grants Receivable$221,935$393,383▲ $171,448
Savings and Temporary Cash Investments$339,741$347,934▲ $8,193
Accounts Receivable$278,657$245,154▼ $33,503
Land, Buildings, and Equipment, Net$174,263$145,450▼ $28,813
Prepaid Expenses and Deferred Charges$30,358$34,313▲ $3,955
Cash and Non-Interest-Bearing Accounts$118,447$-5,060▼ $123,507
Total Assets$2,715,086$2,685,210▼ $29,876
Other Assets Total$1,118,709$1,039,714▼ $78,995
Liabilities
Other Liabilities$1,122,724$1,054,013▼ $68,711
Accounts Payable and Accrued Expenses$19,742$34,579▲ $14,837
Total Liabilities$1,142,466$1,088,592▼ $53,874
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,060,180$1,100,339▲ $40,159
Net Assets With Donor Restrictions$512,440$496,279▼ $16,161
Total Net Assets Fund Balance$1,572,620$1,596,618▲ $23,998
Total Liabilities and Net Assets / Fund Balance$2,715,086$2,685,210▼ $29,876

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$139,286$557,354$696,640
Other Land Buildings$6,164$79,631$85,795
Other Assets Org$989,714--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$127,565$2,750--$130,315
2023$125,065$2,500--$127,565
2022$120,565$4,500--$125,065
2021$117,140$3,425--$120,565
2020$113,029$4,111--$117,140
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret FrisbieExecutive DirectorFT$213,938$32,774$246,712
John QuailDirector of Policy and ConservationFT$109,750$18,808$128,558
Adam FlickingerPlanning DirectorFT$108,501$11,779$120,280

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,301,940
Program Service Revenue
$133,412
Investment Income
$46,875
Other Revenue
$48,287
All Other Contributions
$1,287,989
Change in Net Assets
$21,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,530,514
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,034
Total Revenue per Audited Statements
$2,532,548
Total Revenue per Form 990
$2,530,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,671,832
Other Expenses$836,718
Total Fundraising Expense$372,368
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$901,728$82,820$192,974$1,177,522
Fees for Services Other$342,273$2,202$5,133$349,608
Current Officers, Directors, Trustees, and Key Employees$193,606$18,188$42,380$254,174
Occupancy$143,008$24,095$56,144$223,247
Other Employee Benefits$82,783$8,910$20,760$112,453
Payroll Taxes$72,840$7,839$18,266$98,945
Conferences and Meetings$48,300$1,096$2,554$51,950
Office Expenses$42,388$1,780$4,146$48,314
Depreciation Depletion$26,383$730$1,700$28,813
Pension Plan Contributions$21,156$2,277$5,305$28,738
Fees for Services Accounting$17,525$2,426$5,650$25,601
Insurance$14,041$1,628$3,795$19,464
Information Technology$9,664$674$1,570$11,908
Other Expenses$2,597$1,716$3,999$2,597
All Other Expenses$626$180$420$1,226
Total Functional Expenses$1,976,372$159,810$372,368$2,508,550

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,508,550
Total Expenses per Audited Statements$2,508,550
Total Expenses per Form 990$2,508,550
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$83,000
Fundraising Direct Expenses$34,713
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Big Fish Ball$177,053$83,000$34,713$48,287
Total Events$177,053$83,000$34,713$48,287
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$1,054,013
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 organization's controller works closely with the form 990 preparer in answering all questions on the form as well as providing accurate financial and other information for inclusion. A draft of the form is then reviewed by the executive director and controller prior to finalization. Any changes they determine are required are incorporated into the form prior to filing. A copy of the form 990 is provided to the organization's governing board before it is filed.

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

Members of the board of directors and staff receive conflict of interest statements during training that require signatures. The statement is to be signed on an annual basis and the members are encouraged to disclose conflicts on interest as they arise.

Form 990, Part VI, Section B, Line 15

Friends of the chicago river benchmarks senior level employee salaries against other like sized nonprofits by reading published surveys and analyzing their 990s filed and published on-line by the illinois attorney general.

Form 990, Part VI, Section C, Line 18

All documents are available to the public upon request.

Form 990, Part VI, Section C, Line 19

Friends of the chicago river makes their governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Friends of the Chicago River
EIN
36-3559764
Phone
3129390490
Address
121 W WACKER DR 1700, CHICAGO, IL 60601

Signing Officer

Name
JOHN O'CONNELL
Title
Treasurer
Phone
3129390490
Signed
2025-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
JOHN O'CONNELL
Formed
1988
Legal Domicile
Il
Voting Board Members
27
Independent Board Members
26
Employees
22
Volunteers
5,869

Preparer

Firm
Wsdd Cpas Ltd
Address
303 W MADISON ST SUITE 2075, CHICAGO, IL 60606-3395
Preparer
WILLIAM J O'HARA
Phone
3123326622
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional fees: program service expenses 12086. Management and general expenses 2202. Fundraising expenses 5133. Total expenses 19421. Program subcontractors: program service expenses 330187. Management and general expenses 0. Fundraising expenses 0. Total expenses 330187.

Financial Statement Notes

PART V, LINE 4:

Income derived from endowment investments may be used for general operating purposes.

PART X, LINE 2:

Accounting standards provide guidance for how certain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken in the course of preparing the organization's returns to determine whether the tax position are "more-likely-than-not" of being sustained "when challenged or "when examined" by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit and asset or expense and liability in the current year. The organization files returns in the u.s. Federal jurisdiction and illinois state jurisdiction. The orginazation is no longer subject to u.s. Federal and state examinations by tax authorities for years before june 2021. As of and for the year ended june 30, 2025, management has determined that there are no uncertain tax positions.

Raw XML AppendixShowing 400 of 696 raw XML fields

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IRS990/Form990PartVIISectionAGrp/PersonNm22JENNIFER SKOWLUND
IRS990/Form990PartVIISectionAGrp/PersonNm23JO TRAHMS
IRS990/Form990PartVIISectionAGrp/PersonNm24ALEXA WILCOX
IRS990/Form990PartVIISectionAGrp/PersonNm25RICHARD WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm26MARGARET FRISBIE
IRS990/Form990PartVIISectionAGrp/PersonNm27ADAM FLICKINGER
IRS990/Form990PartVIISectionAGrp/PersonNm28JOHN QUAIL
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27PLANNING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR OF POLICY AND CONSERVATION
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IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROTECT AND RESTORE THE CHICAGO-CALUMET RIVER SYSTEM FOR ALL PEOPLE, WATER, AND WILDLIFE.
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IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc2PRINTING AND PUBLICATIO
IRS990/OtherExpensesGrp/Desc3BANK AND CREDIT CARD FE
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IRS990/OtherExpensesGrp/FundraisingAmt23999
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