Civic Intelligence

River Legacy Foundation

990 • Fiscal year 2021 • EIN 75-2215558

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

703 NW Green Oaks BlvdArlington, TX 76006

(817) 860-6752

Siviq Scores

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

Liabilities / Assets

58th percentile

0.12x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

70th percentile

0.27x

Higher debt load relative to revenue than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

76th percentile

33%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

65th percentile

18%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

138%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,841,501

Up $430,818 (+18%) from 2020

Net Assets

Up

$2,509,816

Up $409,255 (+19%) from 2020

Liabilities

Up

$331,685

Up $21,563 (+7.0%) from 2020

Revenue

Up

$1,238,883

Up $718,545 (+138%) from 2020

Expenses

Up

$829,628

Up $187,392 (+29%) from 2020

Net Income

Up

$409,255

Up $531,153 (+436%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,492,151Liabilities 2010: $164,374Net Assets 2010: $1,327,7772010Assets 2011: $1,759,645Liabilities 2011: $169,045Net Assets 2011: $1,590,6002011Assets 2012: $1,829,812Liabilities 2012: $168,059Net Assets 2012: $1,661,7532012Assets 2013: $1,671,810Liabilities 2013: $90,918Net Assets 2013: $1,580,8922013Assets 2014: $1,862,844Liabilities 2014: $150,979Net Assets 2014: $1,711,8652014Assets 2015: $1,952,089Liabilities 2015: $183,060Net Assets 2015: $1,769,0292015Assets 2016: $2,306,478Liabilities 2016: $74,470Net Assets 2016: $2,232,0082016Assets 2017: $3,779,368Liabilities 2017: $154,287Net Assets 2017: $3,625,0812017Assets 2018: $4,130,830Liabilities 2018: $172,966Net Assets 2018: $3,957,8642018Assets 2019: $2,406,772Liabilities 2019: $184,313Net Assets 2019: $2,222,4592019Assets 2020: $2,410,683Liabilities 2020: $310,122Net Assets 2020: $2,100,5612020Assets 2021: $2,841,501Liabilities 2021: $331,685Net Assets 2021: $2,509,8162021Assets 2022: $2,609,745Liabilities 2022: $338,468Net Assets 2022: $2,271,2772022Assets 2023: $2,807,278Liabilities 2023: $220,806Net Assets 2023: $2,586,4722023Assets 2024: $2,680,682Liabilities 2024: $217,497Net Assets 2024: $2,463,1852024

Highlighted filing

2021

Assets$2,841,501
Liabilities$331,685
Net Assets$2,509,816

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $614,4782010Revenue 2011: $878,166Expenses 2011: $615,343Net Income 2011: $262,8232011Expenses 2012: $620,9902012Revenue 2013: $732,156Expenses 2013: $813,017Net Income 2013: -$80,8612013Revenue 2014: $705,330Expenses 2014: $574,358Net Income 2014: $130,9722014Revenue 2015: $683,777Expenses 2015: $626,613Net Income 2015: $57,1642015Revenue 2016: $1,189,113Expenses 2016: $726,134Net Income 2016: $462,9792016Revenue 2017: $2,014,380Expenses 2017: $626,850Net Income 2017: $1,387,5302017Revenue 2018: $966,846Expenses 2018: $634,063Net Income 2018: $332,7832018Revenue 2019: $1,001,511Expenses 2019: $696,252Net Income 2019: $305,2592019Revenue 2020: $520,338Expenses 2020: $642,236Net Income 2020: -$121,8982020Revenue 2021: $1,238,883Expenses 2021: $829,628Net Income 2021: $409,2552021Revenue 2022: $550,617Expenses 2022: $789,156Net Income 2022: -$238,5392022Revenue 2023: $1,240,378Expenses 2023: $957,131Net Income 2023: $283,2472023Revenue 2024: $992,477Expenses 2024: $1,081,290Net Income 2024: -$88,8132024

Highlighted filing

2021

Revenue$1,238,883
Expenses$829,628
Net Income$409,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$1,423,485
Mission and Program Overview

Mission

The purpose of the river legacy foundation is to provide extraordinary environmental education programs and authentic nature experiences to students in north texas. State science standards for all grade levels places increased emphasis on hands-on and outdoor investigations which make the river legacy environmental education programs more important than ever. The river legacy foundation's mission is to preserve and enhance land along the trinity river and its tributaries as an extraordinary educational, recreational and natural resource.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,309,697$2,003,154▲ $693,457
Savings and Temporary Cash Investments$1,076,461$821,917▼ $254,544
Land, Buildings, and Equipment, Net$10,785$8,756▼ $2,029
Inventories for Sale or Use$13,740$7,674▼ $6,066
Total Assets$2,410,683$2,841,501▲ $430,818
Liabilities
Other Liabilities$310,122$331,685▲ $21,563
Total Liabilities$310,122$331,685▲ $21,563
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,711,476$1,488,182▼ $223,294
Net Assets Without Donor Restrictions$389,085$1,021,634▲ $632,549
Total Net Assets Fund Balance$2,100,561$2,509,816▲ $409,255
Total Liabilities and Net Assets / Fund Balance$2,410,683$2,841,501▲ $430,818
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert BlakePresident
Carole HoyerDirector
Cindy SalterDirector
Dick MoiseDirector
Jerry McculloughDirector
John PromiseDirector
Judy RupayDirector
Larry FowlerDirector
Marcelo CavazosDirector
Paul BrodieDirector
Pete JamiesonDirector
Rezolia JohnsonDirector
Richard GreeneDirector
Robert KembelDirector
Scott SlocumDirector
Steve CavenderDirector
Steve MartindaleDirector
Stewart GarrisonDirector
Susan EavesDirector
Vince HrabalDirector
Elizabeth MarksSecretary
Mike DavisTreasurer
Mark WarrenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$880,679
Program Service Revenue
$221,343
Investment Income
$7,576
Other Revenue
$129,285
All Other Contributions
$449,965
Change in Net Assets
$409,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,183,968
Revenue Not Reported on Financial Statements
$54,915
Revenue Not Reported on Form 990
$184,602
Other Revenue Adjustments
$54,915
Total Revenue per Audited Statements
$1,368,570
Total Revenue per Form 990
$1,238,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$534,796
Other Expenses$294,832
Total Fundraising Expense$75,859
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$282,166$10,564$12,482$305,212
Other Employee Benefits$113,199$10,018$13,867$137,084
Current Officers, Directors, Trustees, and Key Employees$46,250$18,500$27,750$92,500
All Other Expenses$35,339$6$8,160$43,505
Other Expenses$33,510$6,625-$33,510
Fees for Services Other--$13,600$13,600
Fees for Services Accounting-$12,945-$12,945
Depreciation Depletion$1,826$203-$2,029
Total Functional Expenses$694,908$58,861$75,859$829,628

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,010,444
Total Expenses per Form 990$829,628
Expenses per Audited Statements$825,842
Expenses Not Reported on Form 990$184,602
Expenses Not Reported on Financial Statements$3,786
Other Expense Adjustments$3,786
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$178,801
Fundraising Direct Expenses$174,944
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clay Shoot$78,925$61,425$37,225$24,200
Fall Festival$75,457$57,957$41,214$16,743
Total Events$248,801$178,801$174,944$3,857
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 Revenue$243,345
Other Payable$59,844
Payroll Taxes Payable$27,048
Gift Certificate Payable$1,081
Sales Tax Payable$367
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

The form 990 was distributed to the executive committee for their review

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

Each board member and employee signs a conflict of interest policy and compliance with the policy is reviewed annually

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

The compensation of the executive director is reviewed by the board of directors

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

The compensation of officers and key employees is reviewed by the board of directors

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
River Legacy Foundation
EIN
75-2215558
Phone
8178606752
Address
703 NW GREEN OAKS BLVD, ARLINGTON, TX 76006

Signing Officer

Name
Jill Hill
Title
Exec Director
Phone
8178612576
Signed
2022-11-15

Organization Details

Principal Officer
Jill Hill
Formed
1988
Legal Domicile
TX
Voting Board Members
23
Independent Board Members
23
Employees
40

Preparer

Firm
Rhodes Osiek Patyk & Company Llp
Address
2170 W INTERSTATE 20, ARLINGTON, TX 76017
Preparer
Curt H Osiek
Phone
8172741700
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of the river legacy foundation is to provide extraordinary environmental education programs and authentic nature experiences to students in north texas. State science standards for all grade levels places increased emphasis on hands-on and outdoor investigations which make the river legacy environmental education programs more important than ever. The river legacy foundation's mission is to preserve and enhance land along the trinity river and its tributaries as an extraordinary educational, recreational and natural resource.

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

The river legacy foundation serves 14,700 north texas families and children annually through its field investigation programs and more than 40,000 north texans visit the living science center each year. Not only do we conserve our surrounding natural wonderland, but we consider river legacy parks a "classroom without walls" to educate young people on the environment, water, wildlife and habitats. Our environmental education programs foster sensitivity to, and an appreciation for, the natural world. Our environmental education programs, festivals, summer classes, pre-school, home school and after school programs offer a rich curriculum to students of all income levels in north texas. Research suggests children who learn in nature can increase their science testing by 27%. Science is now proving what the river legacy foundation knew all along environmental education helps kid learn science and improve their test scores.

Form 990, Part XI, Line 9

Conversion to cash method 51,129 conversion to cash method -51,129

Financial Statement Notes

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

Direct expense for special event 174,944 cost of sales for sales of inventory 9,658

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

Conversion to cash method 54,915

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

Direct expense for special events 174,944 cost of sales for sales of inventory 9,658

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

CONVERSION TO CASH 3,786

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IRS990/Desc0THE RIVER LEGACY FOUNDATION SERVES 14,700 NORTH TEXAS FAMILIES AND CHILDREN ANNUALLY THROUGH ITS FIELD INVESTIGATION PROGRAMS AND MORE THAN 40,000 NORTH TEXANS VISIT THE LIVING SCIENCE CENTER EACH YEAR. NOT ONLY DO WE CONSERVE OUR SURROUNDING NATURAL WONDERLAND, BUT WE CONSIDER RIVER LEGACY PARKS A "CLASSROOM WITHOUT WALLS" TO EDUCATE YOUNG PEOPLE ON THE ENVIRONMENT, WATER, WILDLIFE AND HABITATS. OUR ENVIRONMENTAL EDUCATION PROGRAMS FOSTER SENSITIVITY TO, AND AN APPRECIATION FOR, THE NATURAL WORLD. OUR ENVIRONMENTAL EDUCATION PROGRAMS, FESTIVALS, SUMMER CLASSES, PRE-SCHOOL, HOME SCHOOL AND AFTER SCHOOL PROGRAMS OFFER A RICH CURRICULUM TO STUDENTS OF ALL INCOME LEVELS IN NORTH TEXAS. RESEARCH SUGGESTS CHILDREN WHO LEARN IN NATURE CAN INCREASE THEIR SCIENCE TESTING BY 27%. SCIENCE IS NOW PROVING WHAT THE RIVER LEGACY FOUNDATION KNEW ALL ALONG ENVIRONMENTAL EDUCATION HELPS KID LEARN SCIENCE AND IMPROVE THEIR TEST SCORES.
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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/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE PRESIDE
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IRS990/MissionDesc0THE PURPOSE OF THE RIVER LEGACY FOUNDATION IS TO PROVIDE EXTRAORDINARY ENVIRONMENTAL EDUCATION PROGRAMS AND AUTHENTIC NATURE EXPERIENCES TO STUDENTS IN NORTH TEXAS. STATE SCIENCE STANDARDS FOR ALL GRADE LEVELS PLACES INCREASED EMPHASIS ON HANDS-ON AND OUTDOOR INVESTIGATIONS WHICH MAKE THE RIVER LEGACY ENVIRONMENTAL EDUCATION PROGRAMS MORE IMPORTANT THAN EVER. THE RIVER LEGACY FOUNDATION'S MISSION IS TO PRESERVE AND ENHANCE LAND ALONG THE TRINITY RIVER AND ITS TRIBUTARIES AS AN EXTRAORDINARY EDUCATIONAL, RECREATIONAL AND NATURAL RESOURCE.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.68$0.22$2.46$0.99$1.08$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.81$0.22$2.59$1.24$0.96$0.28
2022Detailed filing. Detailed filing data is available for this year.$2.61$0.34$2.27$0.55$0.79$0.24
2021Detailed filing. Detailed filing data is available for this year.$2.84$0.33$2.51$1.24$0.83$0.41
2020Detailed filing. Detailed filing data is available for this year.$2.41$0.31$2.10$0.52$0.64$0.12
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.18$2.22$1.00$0.70$0.31
2018Detailed filing. Detailed filing data is available for this year.$4.13$0.17$3.96$0.97$0.63$0.33
2017Detailed filing. Detailed filing data is available for this year.$3.78$0.15$3.63$2.01$0.63$1.39
2016Detailed filing. Detailed filing data is available for this year.$2.31$0.07$2.23$1.19$0.73$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.18$1.77$0.68$0.63$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.86$0.15$1.71$0.71$0.57$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.67$0.09$1.58$0.73$0.81$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.17$1.66$0.62
2011Summary only. Only limited summary data is available for this year.$1.76$0.17$1.59$0.88$0.62$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.16$1.33$0.61