Civic Intelligence

The River Project

990 • Fiscal year 2023 • EIN 95-4858263

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

12026 Hoffman Street Unit 304Studio City, CA 91604

(818) 980-9660

Siviq Scores

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

Liabilities / Assets

96th percentile

1.40x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$6,384

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

20th percentile

-26%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$44,380

Down $15,234 (-26%) from 2022

Net Assets

Up

-$17,939

Up $146,869 (+89%) from 2022

Liabilities

Down

$62,319

Down $162,103 (-72%) from 2022

Revenue

Up

$220,622

Up $33,911 (+18%) from 2022

Expenses

Down

$73,753

Down $149,674 (-67%) from 2022

Net Income

Up

$146,869

Up $183,585 (+500%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2012: $56,706Liabilities 2012: $38,367Net Assets 2012: $18,3392012Assets 2013: $102,969Liabilities 2013: $85,123Net Assets 2013: $17,8462013Assets 2014: $43,673Liabilities 2014: $92,669Net Assets 2014: -$48,9962014Assets 2015: $64,094Liabilities 2015: $115,038Net Assets 2015: -$50,9442015Assets 2016: $101,936Liabilities 2016: $132,671Net Assets 2016: -$30,7352016Assets 2017: $320,036Liabilities 2017: $269,175Net Assets 2017: $50,8612017Assets 2018: $195,547Liabilities 2018: $206,967Net Assets 2018: -$11,4202018Assets 2019: $74,092Liabilities 2019: $108,813Net Assets 2019: -$34,7212019Assets 2020: $151,512Liabilities 2020: $359,764Net Assets 2020: -$208,2522020Assets 2021: $277,423Liabilities 2021: $405,515Net Assets 2021: -$128,0922021Assets 2022: $59,614Liabilities 2022: $224,422Net Assets 2022: -$164,8082022Assets 2023: $44,380Liabilities 2023: $62,319Net Assets 2023: -$17,9392023Assets 2024: $44,611Liabilities 2024: $60,579Net Assets 2024: -$15,9682024

Highlighted filing

2023

Assets$44,380
Liabilities$62,319
Net Assets-$17,939

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $122,338Expenses 2012: $119,000Net Income 2012: $3,3382012Expenses 2013: $334,3372013Revenue 2014: $404,205Expenses 2014: $471,047Net Income 2014: -$66,8422014Revenue 2015: $189,182Expenses 2015: $160,901Net Income 2015: $28,2812015Revenue 2016: $116,783Expenses 2016: $96,574Net Income 2016: $20,2092016Revenue 2017: $227,679Expenses 2017: $146,083Net Income 2017: $81,5962017Revenue 2018: $236,959Expenses 2018: $284,650Net Income 2018: -$47,6912018Revenue 2019: $398,164Expenses 2019: $421,465Net Income 2019: -$23,3012019Revenue 2020: $271,761Expenses 2020: $445,292Net Income 2020: -$173,5312020Revenue 2021: $487,012Expenses 2021: $406,852Net Income 2021: $80,1602021Revenue 2022: $186,711Expenses 2022: $223,427Net Income 2022: -$36,7162022Revenue 2023: $220,622Expenses 2023: $73,753Net Income 2023: $146,8692023Revenue 2024: $96,528Expenses 2024: $94,557Net Income 2024: $1,9712024

Highlighted filing

2023

Revenue$220,622
Expenses$73,753
Net Income$146,869
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$220,622
Mission and Program Overview

Mission

To realize a regenerative, equitable, just, and climate-resilient Los Angeles through radical curiosity, evidence-based watershed planning, and positive action. Through our work we provide local government and communities with the tools to safely adapt to rapidly changing conditions and co-create a climate-resilient future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$8,609$32,941▲ $24,332
Loans From Officers Directors$10,400$11,842▲ $1,442
Cash and Non-Interest-Bearing Accounts$42,565$3,639▼ $38,926
Land, Buildings, and Equipment, Net$640$0▼ $640
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$59,614$44,380▼ $15,234
Other Assets Total$7,800$7,800→ $0
Liabilities
Unsecured Notes Loans Payable$206,000$49,900▼ $156,100
Accounts Payable and Accrued Expenses$453$525▲ $72
Other Liabilities$7,569$52▼ $7,517
Total Liabilities$224,422$62,319▼ $162,103
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-164,808$-17,939▲ $146,869
Total Net Assets Fund Balance$-164,808$-17,939▲ $146,869
Total Liabilities and Net Assets / Fund Balance$59,614$44,380▼ $15,234

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,950$4,950
Other Assets Org$7,800--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melanie WinterPresidentPT$6,384$6,384

Board Members and Trustees

NameTitle
Walker FoleyChairman
David BrunkVice President
Celeste MoyeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$220,556
Program Service Revenue
$52
Investment Income
$14
Other Revenue
$0
All Other Contributions
$13,398
Change in Net Assets
$146,869
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$72,180
Salaries, Compensation, and Employee Benefits$1,573
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$25,942$5,576-$31,518
Fees for Services Other$12,967$1,029-$13,996
Information Technology$6,666$1,114-$7,780
Insurance$1,704$3,896-$5,600
Travel$1,540$313-$1,853
Current Officers, Directors, Trustees, and Key Employees$1,734--$1,734
Fees for Services Legal-$1,430-$1,430
Depreciation Depletion$527$113-$640
All Other Expenses$193$279-$472
Office Expenses$333$92-$425
Other Expenses$279$60-$339
Conferences and Meetings$202$43-$245
Payroll Taxes$139--$139
Pension Plan Contributions$52--$52
Other Salaries and Wages$-352--$-352
Total Functional Expenses$59,265$14,488$0$73,753
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$10,400$11,842▲ $1,442
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$52
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 990 is reviewed by the President before filing.

Form 990, Part VI, Section C, Line 19

Governing docs, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
The River Project
EIN
95-4858263
Phone
8189809660
Address
12026 Hoffman Street Unit 304, Studio City, CA 91604

Signing Officer

Name
Melanie Winter
Title
Director
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
12
Volunteers
11

Preparer

Firm
Celeste W Moye CPA
Address
255 Karen Way, Tiburon, CA 94920
Preparer
Celeste Moye
Phone
4156720559
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

OTHER PROGRAM SERVICES 4: Studio City Greenway: The River Project continued to maintain relationships with and field questions from stakeholders, and participate in meetings between local government and others to determine a path forward. OTHER PROGRAM SERVICES 5: Feasibility Study for Restoration of the Los Angeles River and Tributaries through Sepulveda Basin: The River Project finalized our study exploring the technical feasibility of restoring hydrodynamic and ecosystem function to the waterways within the Sepulveda Flood Management Basin in the San Fernando Valley. The study shows significant potential to recharge local groundwater, mitigate regional flood risk, expand habitat and biodiveristy, sequester carbon emissions, and increase cultural and recreational opportunities for disadvantaged communities. The River Project was asked to present the study to dozens of stakeholders, agencies, and elected officials OTHER PROGRAM SERVICES 6: Fire Resilience in Sepulveda Basin - The River Project partnered with the Resource Conservation district of the Santa Monica Mountains and Balance Hydrologics to develop a Wildfire Resilient Habitat Plan for the Sepulveda Basin, building on our recently completed Feasibility Study for Restoration on the Los Angeles River in the Sepulveda Basin, to protect wildlife, neighboring communities, and site visitors from the impcts of wildfires.

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IRS990/ProgSrvcAccomActy3Grp/Desc0Studio City Greenway: The River Project continued to maintain relationships with and field questions from stakeholders, and participate in meetings between local government and others to determine a path forward.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0271761
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt04950
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04950
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07800
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052
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IRS990ScheduleD/TotalLiabilityAmt052
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt11842
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Celeste Moye
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Melanie Winter
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Treasurer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1President
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Studio City Greenway: The River Project continued to maintain relationships with and field questions from stakeholders, and participate in meetings between local government and others to determine a path forward. OTHER PROGRAM SERVICES 5: Feasibility Study for Restoration of the Los Angeles River and Tributaries through Sepulveda Basin: The River Project finalized our study exploring the technical feasibility of restoring hydrodynamic and ecosystem function to the waterways within the Sepulveda Flood Management Basin in the San Fernando Valley. The study shows significant potential to recharge local groundwater, mitigate regional flood risk, expand habitat and biodiveristy, sequester carbon emissions, and increase cultural and recreational opportunities for disadvantaged communities. The River Project was asked to present the study to dozens of stakeholders, agencies, and elected officials OTHER PROGRAM SERVICES 6: Fire Resilience in Sepulveda Basin - The River Project partnered with the Resource Conservation district of the Santa Monica Mountains and Balance Hydrologics to develop a Wildfire Resilient Habitat Plan for the Sepulveda Basin, building on our recently completed Feasibility Study for Restoration on the Los Angeles River in the Sepulveda Basin, to protect wildlife, neighboring communities, and site visitors from the impcts of wildfires.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed by the President before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing docs, policies, and financial statements are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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