LITTLE FALLS WATERSHED ALLIANCE INC

EIN: 262612775 501(c)(3) Environment

Chevy Chase, MD

Total Revenue
$80,704
Total Expenses
$68,216
Total Assets
$103,624
Net Assets
$102,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MD
Principal Officer
Sarah Morse
Phone
3019073298
Tax Period
2023-01-01 to 2023-12-31

LITTLE FALLS WATERSHED ALLIANCE INC, founded in 2008, is a micro nonprofit in the Environment sector that reported $81K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $12K, a strong 15% operating margin.

Mission

Our mission is to restore and protect the Little Falls Watershed, a vulnerable natural ecosystem nestled in Montgomery County, Maryland and Washington, D.C. We strive to restore and sustain the water quality, natural habitat, health and integrity of the watershed. We develop and apply diverse, innovative and successful programs to accomplish these goals; build awareness about the importance of these natural spaces to our environmentally sustainable future; and ensure that our creeks and their surrounding natural environment survive and thrive for their own sake, and the enjoyment and utilization of current and future generations.

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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 $80,704
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $80,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,331
Fundraising Expenses $0
Program Expenses $68,216
Other Expenses $25,885
TOTAL EXPENSES $68,216

Year-over-Year Comparison

2023 2022 Change
Revenue $80,704 $88,513 -0.1%
Expenses $68,216 $78,200 -0.1%
Net Income $12,488 $10,313 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
1195

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
5
$39,343
Total Directors
8
$0
Key Employees
1
$39,343
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mikel Moore Director 4.00
Officer Director
$0 $0 $0
George Wyeth Treasurer 5.00
Officer Director
$0 $0 $0
Karen Thornton President 6.00
Officer Director
$0 $0 $0
Sarah Morse Executive Director 40.00
Officer Key Emp Highest
$39,343 $0 $39,343
Josie Gabel Director 4.00
Director
$0 $0 $0
Sara Robinson Secretary 5.00
Officer Director
$0 $0 $0
John Drake Vice President 4.00
Director
$0 $0 $0
Jack Sobel Director 6.00
Director
$0 $0 $0
Emily Simone Director 4.00
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
2023 $80,704 $68,216 $103,624 $12,488
2022 $88,513 $78,200 $88,972 $10,313
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