FORT WAYNE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE RIVERS INC, founded in 2004, is a micro nonprofit in the Community Improvement sector that reported $10K in total revenue in fiscal year 2025. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $77K exceeded revenue, resulting in a 700% operating deficit.
FRIENDS OF THE RIVERS: CELEBRATING FORT WAYNE'S RIVERS AS A SOURCE OF RECREATION, COMMUNITY ENGAGEMENT AND ECONOMIC DEVELOPMENT. FRIENDS OF THE RIVERS IS DEDICATED TO ENHANCING THE COMMUNITY'S APPRECIATION, EXPERIENCE, AND USE OF THE RIVERS. THE ORGANIZATION PROVIDES RIVER CRUISES ABOARD A 54-FOOT CANAL BOAT MODELED AFTER AN AUTHENTIC 1840'S CANAL BOAT BEGINNING IN 2017. THE 1840'S-STYLE, FLAT BOTTOM BOAT WILL ALLOW INDIVIDUALS TO EXPERIENCE THE RIVERS AND THE POTENTIAL THEY OFFER FOR DEVELOPMENT, RECREATION, AND EDUCATIONAL PROGRAMMING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $9,574 | $47,621 | -0.8% |
| Expenses | $76,582 | $75,370 | +0.0% |
| Net Income | $-67,008 | $-27,749 | +1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LYNNE GILMORE | PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE GRANEY | VICE PRESIDE | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOY LOHSE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHERI BECKER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JACQUELYN BUCK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE ERLER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PAM HOLOCHER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ALEC JOHNSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RON MENZE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NANCY STEWART | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| IRENE WALTERS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOSIAH WELLS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAN WIRE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,574 | $76,582 | $675,499 | $-67,008 |
| 2024 | $47,621 | $75,370 | $742,507 | $-27,749 |
| 2023 | $118,491 | $143,299 | $770,256 | $-24,808 |
| 2022 | $141,675 | $137,403 | $795,064 | $4,272 |
| 2021 | $82,234 | $104,026 | $790,792 | $-21,792 |
| 2020 | $27,925 | $172,093 | $812,584 | $-144,168 |
| 2019 | $198,594 | $151,402 | $855,065 | $47,192 |
| 2018 | $56,463 | $99,276 | $807,873 | $-42,813 |
Compare FRIENDS OF THE RIVERS INC with other nonprofits in Indiana and across the country.