Civic Intelligence

Carmel River Watershed Conservancy

990 • Fiscal year 2021 • EIN 77-0548869

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

225 Crossroads Blvd 322Carmel, CA 93923

(831) 277-0276

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

17th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

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

Top Officer Pay

42nd percentile

$21,000

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

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

Asset Growth

69th percentile

21%

Faster asset growth than 69% of similar nonprofits.

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

Revenue Growth

66th percentile

29%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Up

$1,228,851

Up $216,538 (+21%) from 2020

Net Assets

Up

$1,228,851

Up $216,808 (+21%) from 2020

Liabilities

Down

$0

Down $270 (-100%) from 2020

Revenue

Up

$79,278

Up $17,950 (+29%) from 2020

Expenses

Down

$46,514

Down $30,259 (-39%) from 2020

Net Income

Up

$32,764

Up $48,209 (+312%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $1,056,049Liabilities 2017: $0Net Assets 2017: $1,056,0492017Assets 2018: $1,033,082Liabilities 2018: $2,500Net Assets 2018: $1,030,5822018Assets 2019: $1,027,589Liabilities 2019: $101Net Assets 2019: $1,027,4882019Assets 2020: $1,012,313Liabilities 2020: $270Net Assets 2020: $1,012,0432020Assets 2021: $1,228,851Liabilities 2021: $0Net Assets 2021: $1,228,8512021Assets 2022: $1,008,106Liabilities 2022: $7,082Net Assets 2022: $1,001,0242022Assets 2023: $1,005,368Liabilities 2023: $4,735Net Assets 2023: $1,000,6332023Assets 2024: $804,470Liabilities 2024: $0Net Assets 2024: $804,4702024

Highlighted filing

2021

Assets$1,228,851
Liabilities$0
Net Assets$1,228,851

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $1,089,003Expenses 2017: $49,391Net Income 2017: $1,039,6122017Revenue 2018: $52,754Expenses 2018: $78,221Net Income 2018: -$25,4672018Revenue 2019: $85,051Expenses 2019: $88,145Net Income 2019: -$3,0942019Revenue 2020: $61,328Expenses 2020: $76,773Net Income 2020: -$15,4452020Revenue 2021: $79,278Expenses 2021: $46,514Net Income 2021: $32,7642021Revenue 2022: $83,943Expenses 2022: $115,064Net Income 2022: -$31,1212022Revenue 2023: $74,463Expenses 2023: $155,497Net Income 2023: -$81,0342023Revenue 2024: $130,661Expenses 2024: $237,068Net Income 2024: -$106,4072024

Highlighted filing

2021

Revenue$79,278
Expenses$46,514
Net Income$32,764
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$79,278
Mission and Program Overview

Mission

The conservancy's mission is the protection of natural resources that form the carmel river watershed including threatened species of steelhead and california red-legged frogs. The conservancy balances environmental protection and the diverse needs of the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,144,626$1,194,837▲ $50,211
Cash and Non-Interest-Bearing Accounts$54,663$34,014▼ $20,649
Accounts Receivable$1,500--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,200,789$1,228,851▲ $28,062
Liabilities
Accounts Payable and Accrued Expenses$3,900--
Total Liabilities$3,900$0▼ $3,900
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,186,889$1,228,851▲ $41,962
Net Assets With Donor Restrictions$10,000$0▼ $10,000
Total Net Assets Fund Balance$1,196,889$1,228,851▲ $31,962
Total Liabilities and Net Assets / Fund Balance$1,200,789$1,228,851▲ $28,062

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,711$1,711
Compensation and Service Providers

Employees

NameTitleBaseTotal
Abbie BeaneExecutive Director$21,000$21,000

Board Members and Trustees

NameTitle
Michael WaxerChairman
Lorin LetendrePresident
Paul BrunoVice President
Catherine StedmanDirector
Jen HunterDirector
Jennifer DugganDirector
Scott HennessyDirector
Andy MagnascoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25,312
Program Service Revenue
$0
Investment Income
$52,523
Other Revenue
$1,443
All Other Contributions
$25,312
Change in Net Assets
$32,764
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,375
Salaries, Compensation, and Employee Benefits$1,139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$21,000--$21,000
Advertising$3,532--$3,532
Insurance$1,191--$1,191
Other Salaries and Wages$1,000--$1,000
Fees for Services Accounting$585--$585
Office Expenses$524--$524
Payroll Taxes$139--$139
Other Expenses$129--$129
Total Functional Expenses$46,514$0$0$46,514
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director reviews the form 990 and shares it with the board of directors. Once the draft form 990 has been approved by the board of directors, it is then filed

Form 990, Part VI, Section B, Line 15A

The president/board chair and the executive director are both compensated; the board reviews their performance annually and when the next year's budget is approved, reviews the compensation and achievements of each and votes to approve the next year's compensation. The conservancy subsribes to non-profit compensation reports and uses them to set the executive director's compensation.

Form 990, Part VI, Section C, Line 18

Governing documents, policies, and financial statements are available upon request and on the conservancy website.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are available upon request and on the conservancy website.

Filing and Contact Details

Filer

Filer Name
Carmel River Watershed Conservancy
EIN
77-0548869
Phone
8312770276
Address
225 CROSSROADS BLVD 322, CARMEL, CA 93923

Signing Officer

Name
Abbie Beane
Title
Executive Director
Phone
8312770276
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abbie Beane
Formed
2000
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Travis Foster CPA
Address
491 JEAN CIRCLE, MARINA, CA 93933
Preparer
Travis Foster
Phone
8312240373
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A - Program Service Accomplishments

Crwc highlights 20-21 - made progress on a solution to the erosion of the scenic road bluffs and flooding in the carmel river lagoon - developed a virtual celebration to ensure the continuance of the california wildlife day into 2021. Created a website digital gallery in order to still highlight the student science, art, and poetry celebrating california animals and environments for the students wanting to participate in 2021 when a live event was not possible. - collaborated on several wildfire prevention and planning initiatives with other area groups including rcdmc's forest health coordinator to prevent wildfire spread and plan evacuation routes. - began expanding the first iteration of the carmel river watershed health report card to identify areas that need to be prioritized for management by the 2020 carmel river task force action plan. Researched 3 new indicators: wildfire regime, threatened species and invasive species. -created digital content for virtual watershed education for local schools until the in-person program could return in the fall of 2021. Continued chairing the carmel river task force stakeholder group, which conducts restoration projects in the watershed.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/EquipmentGrp/BookValueAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CRWC HIGHLIGHTS 20-21 - MADE PROGRESS ON A SOLUTION TO THE EROSION OF THE SCENIC ROAD BLUFFS AND FLOODING IN THE CARMEL RIVER LAGOON - DEVELOPED A VIRTUAL CELEBRATION TO ENSURE THE CONTINUANCE OF THE CALIFORNIA WILDLIFE DAY INTO 2021. CREATED A WEBSITE DIGITAL GALLERY IN ORDER TO STILL HIGHLIGHT THE STUDENT SCIENCE, ART, AND POETRY CELEBRATING CALIFORNIA ANIMALS AND ENVIRONMENTS FOR THE STUDENTS WANTING TO PARTICIPATE IN 2021 WHEN A LIVE EVENT WAS NOT POSSIBLE. - COLLABORATED ON SEVERAL WILDFIRE PREVENTION AND PLANNING INITIATIVES WITH OTHER AREA GROUPS INCLUDING RCDMC'S FOREST HEALTH COORDINATOR TO PREVENT WILDFIRE SPREAD AND PLAN EVACUATION ROUTES. - BEGAN EXPANDING THE FIRST ITERATION OF THE CARMEL RIVER WATERSHED HEALTH REPORT CARD TO IDENTIFY AREAS THAT NEED TO BE PRIORITIZED FOR MANAGEMENT BY THE 2020 CARMEL RIVER TASK FORCE ACTION PLAN. RESEARCHED 3 NEW INDICATORS: WILDFIRE REGIME, THREATENED SPECIES AND INVASIVE SPECIES. -CREATED DIGITAL CONTENT FOR VIRTUAL WATERSHED EDUCATION FOR LOCAL SCHOOLS UNTIL THE IN-PERSON PROGRAM COULD RETURN IN THE FALL OF 2021. CONTINUED CHAIRING THE CARMEL RIVER TASK FORCE STAKEHOLDER GROUP, WHICH CONDUCTS RESTORATION PROJECTS IN THE WATERSHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND SHARES IT WITH THE BOARD OF DIRECTORS. ONCE THE DRAFT FORM 990 HAS BEEN APPROVED BY THE BOARD OF DIRECTORS, IT IS THEN FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT/BOARD CHAIR AND THE EXECUTIVE DIRECTOR ARE BOTH COMPENSATED; THE BOARD REVIEWS THEIR PERFORMANCE ANNUALLY AND WHEN THE NEXT YEAR'S BUDGET IS APPROVED, REVIEWS THE COMPENSATION AND ACHIEVEMENTS OF EACH AND VOTES TO APPROVE THE NEXT YEAR'S COMPENSATION. THE CONSERVANCY SUBSRIBES TO NON-PROFIT COMPENSATION REPORTS AND USES THEM TO SET THE EXECUTIVE DIRECTOR'S COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE CONSERVANCY WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE CONSERVANCY WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/WebsiteAddressTxt0HTTPS://WWW.CARMELRIVERWATERSHED.ORG
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ABBIE BEANE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08312770276
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARMEL RIVER WATERSHED CONSERVANCY
ReturnHeader/Filer/BusinessNameControlTxt0CARM
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRAVIS FOSTER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0491 JEAN CIRCLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PhoneNum08312240373
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRAVIS FOSTER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-15T10:50:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ABBIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BEANE
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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