Norwalk River Watershed Association Inc

EIN: 061483326 501(c)(3) Environment

Wilton, CT

Total Revenue
$671,886
Total Expenses
$83,741
Total Assets
$709,520
Net Assets
$709,520
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CT
Principal Officer
Louise Washer
Phone
8776792463
Tax Period
2023-01-01 to 2023-12-31

Norwalk River Watershed Association Inc, founded in 1996, is a small nonprofit in the Environment sector that reported $672K in total revenue in fiscal year 2023. Revenue surged 544% from the prior year, signaling strong growth momentum. The organization ran a surplus of $588K, a strong 88% operating margin.

Mission

Incorporated in 1996, NRWA is a nonprofit membership organization that accomplishes its mission by engaging community volunteers to help restore native trees, shrubs, wildflowers and grasses to the riverbanks, meadows, parks and forests of the watershed; working to expand community access to the river, the surrounding open space and its trails; supporting research and legislative policy that protects biodiversity, clean air and water; and promoting education, cooperation and action on the part of the stakeholders in the seven watershed towns in Connecticut (Ridgefield, Redding, Wilton, New Canaan, Weston and Norwalk) and New York (Lewisboro). We are working to help implement the Norwalk River Watershed Action Plan.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $653,372
Program Service Revenue $0
Investment Income $18,514
Other Revenue $0
TOTAL REVENUE $671,886

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $14,486
Program Expenses $51,077
Other Expenses $83,741
TOTAL EXPENSES $83,741

Year-over-Year Comparison

2023 2022 Change
Revenue $671,886 $104,295 +5.4%
Expenses $83,741 $72,215 +0.2%
Net Income $588,145 $32,080 +17.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
1000

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Louise Washer President Board of Directors 30.00
Officer Director
$0 $0 $0
David Havens Vice President Board of Directors 5.00
Officer Director
$0 $0 $0
Donna Merrill Treasurer Board of Directors 5.00
Officer Director
$0 $0 $0
Sarah Breznan Secretary Board of Directors 10.00
Officer Director
$0 $0 $0
Betsy Barosky Board of Directors 10.00
Director
$0 $0 $0
Ryan Bossis Board of Directors 5.00
Director
$0 $0 $0
Richard Dineen Board of Directors 10.00
Director
$0 $0 $0
Lauren Matison Board of Directors 5.00
Director
$0 $0 $0
Laurie Mirra Board of Directors 10.00
Director
$0 $0 $0
Jes Parker Board of Directors 10.00
Director
$0 $0 $0
Kristin Quell-Garguilo Board of Directors 5.00
Director
$0 $0 $0
Kitsey Snow Board of Directors 10.00
Director
$0 $0 $0
Cathy Smith Board of Directors 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $671,886 $83,741 $709,520 $588,145
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