Clean River Project Inc (EIN 261904414) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

Richard Morrison

Phone

9788576680

Tax Period

2024-01-01 to 2024-12-31

Clean River Project Inc, founded in 2008, is a small nonprofit in the Environment sector that reported $415K in total revenue in fiscal year 2024.

Mission

To promote environmental awareness and to perform cleaning, maintaining, and preservation of the Merrimack River and other bodies of water.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $414,748

Program Service Revenue $0

Investment Income $21

Other Revenue $0

TOTAL REVENUE $414,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,933

Fundraising Expenses $4,514

Program Expenses $398,705

Other Expenses $221,991

TOTAL EXPENSES $418,924

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,769	$418,111	0.0%
Expenses	$418,924	$340,221	+0.2%
Net Income	$-4,155	$77,890	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$69,300

Total Directors

$69,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Morrison	President	40.00	Officer Director	$65,070	$0	$65,070
Keith Gagnon	Treasurer	0.00	Officer Director	$4,230	$0	$4,230
Michael Foote	Director	0.00	Officer Director	$0	$0	$0
Michael Bacher	Secretary	0.00	Officer Director	$0	$0	$0
Roland Lemieux	Vice President	0.00	Officer Director	$0	$0	$0
Stan Stacks	Director	0.00	Officer Director	$0	$0	$0
Michael Medaglia	Director	0.00	Officer 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	$414,769	$418,924	$315,974	$-4,155
2023	$418,111	$340,221	$321,201	$77,890
2022	$290,087	$238,693	$240,602	$51,394
2021	$238,471	$203,986	$187,569	$34,485
2020	$198,166	$167,926	$156,175	$30,240
2019	$216,365	$165,148	$128,941	$51,217

Clean River Project Inc