Civic Intelligence

Riverlink Inc.

990 • Fiscal year 2024 • EIN 58-1867958

Jan 01, 2024 to Dec 31, 2024 • Filed on Nov 13, 2025

Organization Profileriverlink.org
170 Lyman StAsheville, NC 28801

(828) 252-8474

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

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

Liabilities / Revenue

27th percentile

0.05x

Higher debt load relative to revenue than 27% of similar nonprofits.

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

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

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

Top Officer Pay

33rd percentile

$87,443

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

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

Asset Growth

55th percentile

6.6%

Faster asset growth than 55% of similar nonprofits.

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

Revenue Growth

59th percentile

14%

Faster revenue growth than 59% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$8,941,347

Up $552,742 (+6.6%) from 2023

Net Assets

Up

$8,859,430

Up $631,935 (+7.7%) from 2023

Liabilities

Down

$81,917

Down $79,193 (-49%) from 2023

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin80th percentile

Revenue

Up

$1,647,065

Up $197,099 (+14%) from 2023

Expenses

Down

$1,167,977

Down $49,646 (-4.1%) from 2023

Net Income

Up

$479,088

Up $246,745 (+106%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$10M$5.0M$0Assets 2010: $2,487,028Liabilities 2010: $285,142Net Assets 2010: $2,201,8862010Assets 2011: $2,767,169Liabilities 2011: $111,131Net Assets 2011: $2,656,0382011Assets 2012: $2,891,996Liabilities 2012: $276,878Net Assets 2012: $2,615,1182012Assets 2013: $3,421,928Liabilities 2013: $296,655Net Assets 2013: $3,125,2732013Assets 2014: $3,516,419Liabilities 2014: $234,171Net Assets 2014: $3,282,2482014Assets 2015: $3,889,861Liabilities 2015: $241,321Net Assets 2015: $3,648,5402015Assets 2016: $3,953,386Liabilities 2016: $235,268Net Assets 2016: $3,718,1182016Assets 2017: $4,058,231Liabilities 2017: $217,121Net Assets 2017: $3,841,1102017Assets 2018: $3,783,468Liabilities 2018: $121,665Net Assets 2018: $3,661,8032018Assets 2019: $4,018,961Liabilities 2019: $114,437Net Assets 2019: $3,904,5242019Assets 2020: $3,918,231Liabilities 2020: $35,101Net Assets 2020: $3,883,1302020Assets 2021: $7,765,522Liabilities 2021: $64,508Net Assets 2021: $7,701,0142021Assets 2022: $7,569,051Liabilities 2022: $148,940Net Assets 2022: $7,420,1112022Assets 2023: $8,388,605Liabilities 2023: $161,110Net Assets 2023: $8,227,4952023Assets 2024: $8,941,347Liabilities 2024: $81,917Net Assets 2024: $8,859,4302024

Highlighted filing

2024

Assets$8,941,347
Liabilities$81,917
Net Assets$8,859,430
Open 2024 Filing

Operations Trend

Revenue Growth59th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $688,4892010Expenses 2011: $559,0422011Expenses 2012: $4,995,9352012Expenses 2013: $641,9132013Revenue 2014: $648,179Expenses 2014: $495,987Net Income 2014: $152,1922014Revenue 2015: $591,949Expenses 2015: $677,709Net Income 2015: -$85,7602015Revenue 2016: $660,842Expenses 2016: $598,234Net Income 2016: $62,6082016Revenue 2017: $742,846Expenses 2017: $623,714Net Income 2017: $119,1322017Revenue 2018: $523,018Expenses 2018: $656,174Net Income 2018: -$133,1562018Revenue 2019: $871,208Expenses 2019: $762,037Net Income 2019: $109,1712019Revenue 2020: $595,870Expenses 2020: $625,018Net Income 2020: -$29,1482020Revenue 2021: $4,550,324Expenses 2021: $733,538Net Income 2021: $3,816,7862021Revenue 2022: $1,002,130Expenses 2022: $862,640Net Income 2022: $139,4902022Revenue 2023: $1,449,966Expenses 2023: $1,217,623Net Income 2023: $232,3432023Revenue 2024: $1,647,065Expenses 2024: $1,167,977Net Income 2024: $479,0882024

Highlighted filing

2024

Revenue$1,647,065
Expenses$1,167,977
Net Income$479,088
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$1,647,065
Mission and Program Overview

Mission

RiverLink promotes the environmental

RiverLink promotes the environmental and economic vitality of the French Broad River and its watershed for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,361,032$3,349,849▼ $11,183
Investments in Publicly Traded Securities$2,453,178$2,637,104▲ $183,926
Cash and Non-Interest-Bearing Accounts$940,900$1,467,695▲ $526,795
Savings and Temporary Cash Investments$173,363$0▼ $173,363
Other Notes and Loans Receivable, Net$177,518$166,671▼ $10,847
Accounts Receivable-$37,778-
Pledges and Grants Receivable$40,998$13,627▼ $27,371
Prepaid Expenses and Deferred Charges$13,132$11,496▼ $1,636
Total Assets$8,388,605$8,941,347▲ $552,742
Other Assets Total$1,228,484$1,257,127▲ $28,643
Liabilities
Accounts Payable and Accrued Expenses$81,943$53,593▼ $28,350
Other Liabilities$79,167$28,324▼ $50,843
Total Liabilities$161,110$81,917▼ $79,193
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,409,837$7,981,024▲ $571,187
Net Assets With Donor Restrictions$817,658$878,406▲ $60,748
Total Net Assets Fund Balance$8,227,495$8,859,430▲ $631,935
Total Liabilities and Net Assets / Fund Balance$8,388,605$8,941,347▲ $552,742

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,058,530-$3,058,530
Other Land Buildings$283,321$26,694$310,015
Equipment$7,998$23,444$31,442
Other Assets Org$28,324--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,149,317$0▲ $118,876$28,803$1,228,803
2023$1,037,964$15,733▲ $130,808$25,250$1,149,317
2022$1,056,464$141,970▼ $127,519$23,490$1,037,964
2021$51,494$1,000,000▲ $7,455$2,010$1,056,464
2020$44,983$3,000▲ $5,819-$51,494
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa RaleighExecutive DirectorFT$74,152$13,291$87,443

Board Members and Trustees

NameTitle
Ken BrameChair
Eric HardyVice Chair
Antanette MosleyBoard Member
Bob PhillipsBoard Member
David FeingoldBoard Member
Elizabeth GullumBoard Member
John TempletonBoard Member
Linda GiltzBoard Member
Lisa Newman-WiseBoard Member
Roy HarrisBoard Member
Susan RoderickBoard Member
Woody OrrisBoard Member
Jenny OstendorfSecretary
Eric MichaelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,287,714
Program Service Revenue
$30,240
Investment Income
$204,111
Other Revenue
$125,000
All Other Contributions
$1,174,182
Change in Net Assets
$479,088

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$55,195Market Value
Other Non Cash Contri Table3$785Fair market value
Total Noncash Contributions7$55,980-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,621,970
Revenue Not Reported on Financial Statements
$25,095
Revenue Not Reported on Form 990
$152,848
Total Revenue per Audited Statements
$1,774,818
Total Revenue per Form 990
$1,647,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$515,958
Other Expenses$479,292
Grants and Similar Amounts Paid$172,727
Total Fundraising Expense$154,269
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$227,359$53,603$76,394$357,356
Fees for Services Other$212,890$20,754$0$233,644
Grants to Domestic Orgs$172,727--$172,727
Current Officers, Directors, Trustees, and Key Employees$52,466$13,116$21,861$87,443
Occupancy$31,305$6,864$10,114$48,283
Payroll Taxes$20,695$4,928$7,227$32,850
Other Employee Benefits$21,198$706$7,078$28,982
Depreciation Depletion$15,911$4,546$7,955$28,412
Fees for Service Investment Mgmnt Fees$0$25,095$0$25,095
Office Expenses$6,711$8,180$5,586$20,477
Fees for Services Accounting$0$15,420$0$15,420
Insurance$8,101$5,158$1,970$15,229
All Other Expenses$520$4,652$6,582$11,754
Travel$7,959$2,116$0$10,075
Pension Plan Contributions$6,282$713$2,332$9,327
Information Technology$1,170$252$4,281$5,703
Conferences and Meetings$2,144$759$1,104$4,007
Other Expenses$2,309$787$21$3,117
Advertising$630$334$712$1,676
Total Functional Expenses$845,625$168,083$154,269$1,167,977

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,167,977
Expenses per Audited Statements$1,142,882
Total Expenses per Audited Statements$1,142,882
Expenses Not Reported on Financial Statements$25,095
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Town of WoodfinAsheville, NCGovtWoodfin Greenway$172,727
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$28,324
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
RiverLink Inc
EIN
58-1867958
Phone
8282528474
Address
170 Lyman St, Asheville, NC 28801

Signing Officer

Name
Lisa Raleigh
Title
Executive Director
Phone
8282528474
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Raleigh
Formed
1989
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
10
Volunteers
390

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Todd Oldenburg
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is prepared by independent accountants and reviewed by management and the Treasurer. The return is then presented to the Board of Directors for review prior to filing.”

Pt VI, Line 12C

“Every board member and staff person signs a conflict of interest and confidentiality agreement annually. Any board member with a conflict of interest on any specific issue informs the board and abstains from discussion and voting on the issue, and leaves the room while the full board is discussing the issue.”

Pt VI, Line 15A

“In the annual budgeting process, the Board approves a budget line for aggregate salary expense. Thereafter, individual salaries and salary increases for employees are determined by the Executive Director. The Board of Directors sets the Executive Director salary after a performance review and a check of comparable salary information for nonprofit organizations with similar budgets.”

Pt VI, Line 18

“Forms 1023 and 990 are available upon request and the Form 990 is available on RiverLinks website for public viewing.”

Pt VI, Line 19

“Governing documents, conflict of interest policy and audited financial statements are available upon request.”

Form 990, Part IX, Line 11G

“Contract Services 227574. 209185. 18389. 0.”

Form 990, Part IX, Line 11G

“Other professional Services 6070. 3705. 2365.”

Financial Statement Notes

Pt X, Line 2

“RiverLink is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. Under the Code, however, income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities in 2024 and was, therefore, not required to file Federal Form 990-T (Exempt Organization Business Income Tax Return). The organization believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Pt II, Line 5

“RiverLink has Stewardship Monitoring and Stewardship Enforcement policies that are consistent with, and/or devived from, the Land Trust Standards and Practices established by the Land Trust Alliance, the national organization dedicated to setting best practices for land trusts.”

Pt II, Line 9

“The endowment is being held with the hope that in the future it can be built to a size that would provide supplemental income for operations.”

Pt V, Line 4

“Conservation easements purchased are expensed. Conservation easements received by donation are not recognized in the financial statements.”

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IRS990/ProgSrvcAccomActy2Grp/Desc0Water Quality: In 2024, we completed a high-profile public service campaign titled Reduce Rain Runoff, aimed at raising awareness about the harmful impacts of stormwater runoff on our regions waterways. The campaign was featured across a wide range of platforms, including regional newspapers and magazines, online news outlets, social media, podcasts, and blogs. In total, it garnered over 61 million views and was highlighted in 53 unique media pieces. Our Reduce Roof Runoff project provided Buncombe County residents with tools to manage stormwater runoff on their properties. The project prioritized low-income residents living near impaired streams. Despite delays caused by Tropical Storm Helene, we successfully distributed 133 rain barrels and installed two rain gardens. These installations help capture roof runoff, allowing water to soak into the ground and be naturally filtered on-site.
IRS990/ProgSrvcAccomActy3Grp/Desc0Education: In 2024 our education programs continued to provide free and accessible opportunities for students throughout WNC to connect with their environment. Our in-school programming brought aquatic ecology lessons to 33 different schools, engaging a total of 3,455 students. We also ran 5 weeks of summer camp where we explored the watershed with 60 campers, 20% of which were provided with a full scholarship. . After expanding into the afterschool realm in 2023, these programs continued to grow during 2024. In total, we worked with 28 out-of-school organizational partners to provide a mix of long term repeated programs and shorter one-off partnerships for those who couldnt commit to multiple weeks of activities. We connected with 1,233 students through our out-of-school programs during the school year and over the summer.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Gross Inventory Sales 2022: 135. Description: Miscellaneous 2020: 0. 2021: 2078. 2023: 765.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,941,347
Liabilities
$81,917
Net assets
$8,859,430
Revenue
$1,647,065
Expenses
$1,167,977
Net income
$479,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.94$0.08$8.86$1.65$1.17$0.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.39$0.16$8.23$1.45$1.22$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.57$0.15$7.42$1.00$0.86$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.77$0.06$7.70$4.55$0.73$3.82
2020Detailed filing. Detailed filing data is available for this year.$3.92$0.04$3.88$0.60$0.63$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.11$3.90$0.87$0.76$0.11
2018Detailed filing. Detailed filing data is available for this year.$3.78$0.12$3.66$0.52$0.66$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.06$0.22$3.84$0.74$0.62$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.95$0.24$3.72$0.66$0.60$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.89$0.24$3.65$0.59$0.68$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.52$0.23$3.28$0.65$0.50$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.30$3.13$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.28$2.62$5.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.11$2.66$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.29$2.20$0.69
Peer Organizations

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