Civic Intelligence

Spring River Corridor Foundation

EIN 85-0351597 • 501(c)3 • Roswell, NM

Profile

Continued development of the spring river corridor in roswell new mexico.

PO Box 2527Roswell, NM 88202-2527

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

77th percentile

25%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

1.3%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

49%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,358,726

Up $17,235 (+1.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,358,726

Up $17,235 (+1.3%) from 2023

Revenue

Up

$198,080

Up $64,775 (+49%) from 2023

Expenses

Up

$148,390

Up $128,841 (+659%) from 2023

Net Income

Down

$49,690

Down $64,066 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $591,280Liabilities 2011: $0Net Assets 2011: $591,2802011Assets 2012: $688,936Liabilities 2012: $0Net Assets 2012: $688,9362012Assets 2013: $804,265Liabilities 2013: $0Net Assets 2013: $804,2652013Assets 2014: $807,936Liabilities 2014: $0Net Assets 2014: $807,9362014Assets 2015: $773,696Liabilities 2015: $0Net Assets 2015: $773,6962015Assets 2016: $855,440Liabilities 2016: $0Net Assets 2016: $855,4402016Assets 2017: $950,081Liabilities 2017: $0Net Assets 2017: $950,0812017Assets 2018: $900,758Liabilities 2018: $0Net Assets 2018: $900,7582018Assets 2019: $1,075,818Liabilities 2019: $0Net Assets 2019: $1,075,8182019Assets 2020: $1,129,283Liabilities 2020: $0Net Assets 2020: $1,129,2832020Assets 2021: $1,325,980Liabilities 2021: $0Net Assets 2021: $1,325,9802021Assets 2022: $1,206,771Liabilities 2022: $0Net Assets 2022: $1,206,7712022Assets 2023: $1,341,491Liabilities 2023: $0Net Assets 2023: $1,341,4912023Assets 2024: $1,358,726Liabilities 2024: $0Net Assets 2024: $1,358,7262024

Highlighted filing

2024

Assets$1,358,726
Liabilities$0
Net Assets$1,358,726

Operations Trend

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

$200K$150K$100K$50K$0Expenses 2011: $9,8472011Expenses 2012: $25,6982012Revenue 2013: $18,262Expenses 2013: $12,616Net Income 2013: $5,6462013Revenue 2014: $29,558Expenses 2014: $12,278Net Income 2014: $17,2802014Revenue 2015: $25,563Expenses 2015: $13,642Net Income 2015: $11,9212015Revenue 2016: $16,715Expenses 2016: $12,044Net Income 2016: $4,6712016Revenue 2017: $52,175Expenses 2017: $13,069Net Income 2017: $39,1062017Revenue 2018: $43,219Expenses 2018: $13,685Net Income 2018: $29,5342018Revenue 2019: $47,227Expenses 2019: $20,608Net Income 2019: $26,6192019Revenue 2020: $29,094Expenses 2020: $17,289Net Income 2020: $11,8052020Revenue 2021: $32,201Expenses 2021: $19,614Net Income 2021: $12,5872021Revenue 2022: $37,235Expenses 2022: $10,366Net Income 2022: $26,8692022Revenue 2023: $133,305Expenses 2023: $19,549Net Income 2023: $113,7562023Revenue 2024: $198,080Expenses 2024: $148,390Net Income 2024: $49,6902024

Highlighted filing

2024

Revenue$198,080
Expenses$148,390
Net Income$49,690

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.20$0.15$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.13$0.02$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.04$0.01$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.03$0.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.03$0.02$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.05$0.02$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.04$0.01$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.05$0.01$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.02$0.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.03$0.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.03$0.01$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.02$0.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$380,579
Mission and Program Overview

Mission

Continued development of the spring river corridor in roswell new mexico.

Continued development of the spring river corridor, a trail system, located in roswell, new mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,285,881$1,279,210▼ $6,671
Savings and Temporary Cash Investments$55,610$79,516▲ $23,906
Total Assets$1,341,491$1,358,726▲ $17,235
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,341,491$1,358,726▲ $17,235
Total Net Assets Fund Balance$1,341,491$1,358,726▲ $17,235
Total Liabilities and Net Assets / Fund Balance$1,341,491$1,358,726▲ $17,235
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven W SmithPresident
Janice DunnahooDirector
Mike PembertonDirector
Sally TolesSecretary
John JergeTreasurer
Daniel CederburgVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,600
Program Service Revenue
$0
Investment Income
$194,480
Other Revenue
$0
All Other Contributions
$3,600
Change in Net Assets
$49,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,390
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$139,345--$139,345
Fees for Service Investment Mgmnt Fees$6,997--$6,997
Fees for Services Accounting$1,350--$1,350
Insurance$698--$698
Total Functional Expenses$148,390$0$0$148,390
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

Expenditures were not were voted on by the board of directors. Project expenditures for 2024 totaled 139,345. No budget was adopted or approved for project expenditures.

Form 990, Page 6, Part VI, Line 8A

2024 expenditures and contracts entered into were not voted on by the board of directors. Failure by the board of directors to ratify expenditures or contracts entered into. Failure to comply with articles of incorporation and by laws by not ratifying subcommittee actions.

Form 990, Page 6, Part VI, Line 8B

Actions of subcommittees were not ratified by vote by the board of directors.

Form 990, Page 6, Part VI, Line 11B

Form 990 reviewed by the president prior to filing.

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

Any conflict of interests were not disclosed by board members

Form 990, Page 6, Part VI, Line 19

Financial information provided upon request.

Filing and Contact Details

Filer

Filer Name
Spring River Corridor Foundation
EIN
85-0351597
Phone
5756225863
Address
PO BOX 2527, ROSWELL, NM 88202-2527

Signing Officer

Name
Steven W Smith
Title
President
Phone
5756277595
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven W Smith
Formed
1986
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
John Z Jerge CPA Pc
Address
101 S UNION AVE, ROSWELL, NM 88201-2953
Preparer
John Jerge
Phone
5756277595
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional 100,000 0 0 projects 39,345 0 0 total 139,345 0 0

Raw XML Appendix374 raw XML fields

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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MEETINGS AND COMMUNICATION WITH CITY OF ROSWELL EMPLOYEES REGARDING THE SPRING RIVER CORRIDOR. ALL PROJECTS AND IMPROVEMENTS TO THE SPRING RIVER CORRIDOR APPROVED BY THE CITY OF ROSWELL.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1FOUNDATION EXISTS TO SUPPORT THE CONTINUED DEVELOPMENT OF THE SPRING RIVER CORRIDOR LOCATED IN ROSWELL NM
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2CONSIDERATION OF PROJECTS FOR THE CONTINUED DEVELOPMENT OF THE SPRING RIVER CORRIDOR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3ACCUMULATION OF EARNING FOR PROJECTS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART V, SECTION E, LINE 2
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt01350109
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt01274132
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt067563
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt038148
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt01282546
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt01235984
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt020252
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt019112
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt01329857
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt01255020
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt046545
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt043926
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt01350109
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt01274132
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt046545
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt043926
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0139345
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CITY OF ROSWELL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0CITY OF ROSWELL
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IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENDITURES WERE NOT WERE VOTED ON BY THE BOARD OF DIRECTORS. PROJECT EXPENDITURES FOR 2024 TOTALED 139,345. NO BUDGET WAS ADOPTED OR APPROVED FOR PROJECT EXPENDITURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12024 EXPENDITURES AND CONTRACTS ENTERED INTO WERE NOT VOTED ON BY THE BOARD OF DIRECTORS. FAILURE BY THE BOARD OF DIRECTORS TO RATIFY EXPENDITURES OR CONTRACTS ENTERED INTO. FAILURE TO COMPLY WITH ARTICLES OF INCORPORATION AND BY LAWS BY NOT RATIFYING SUBCOMMITTEE ACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIONS OF SUBCOMMITTEES WERE NOT RATIFIED BY VOTE BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 REVIEWED BY THE PRESIDENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY CONFLICT OF INTERESTS WERE NOT DISCLOSED BY BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FINANCIAL INFORMATION PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER PROFESSIONAL 100,000 0 0 PROJECTS 39,345 0 0 TOTAL 139,345 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01358726
IRS990/TotalAssetsGrp/BOYAmt01341491
IRS990/TotalAssetsGrp/EOYAmt01358726
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IRS990/TotalContributionsAmt03600
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0148390
IRS990/TotalFunctionalExpensesGrp/TotalAmt0148390
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01341491
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01358726
IRS990/TotalProgramServiceExpensesAmt0148390
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0194480
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0198080
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01341491
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01358726
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2527
IRS990/USAddress/CityNm0ROSWELL
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd0882022527
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN W SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05756277595
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRING RIVER CORRIDOR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0850351597
ReturnHeader/Filer/PhoneNum05756225863
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2527
ReturnHeader/Filer/USAddress/CityNm0ROSWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd0882022527
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850472580
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN Z JERGE CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 S UNION AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROSWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0882012953
ReturnHeader/PreparerPersonGrp/PhoneNum05756277595
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN JERGE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-04T18:13:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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