FRIENDS OF HERRING RIVER WELLFLEET-TRURO INC

EIN: 270479634 501(c)(3) Environment

SOUTH WELLFLEET, MA

Total Revenue
$1,226,435
Total Expenses
$1,269,555
Total Assets
$706,946
Net Assets
$320,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Principal Officer
CHRISTA DREW
Phone
5082140656
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF HERRING RIVER WELLFLEET-TRURO INC, founded in 2009, is a community nonprofit in the Environment sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

THE PURPOSE OF THE FRIENDS OF HERRING RIVER IS TO PROMOTE EDUCATION, RESEARCH AND PUBLIC AWARENESS OF THE HERRING RIVER ESTUARY AS ONE OF CRITICAL ENVIRONMENTAL CONCERN, TO PRESERVE THE NATIVE ENVIRONMENTAL INTEGRITY OF THE RIVER AND ESTUARY, TO ENSURE HABITAT PROTECTION AND RETENTION OF THE NATIVE BIOLOGICAL DIVERSITY AND PRODUCTIVITY OF THE RIVER AND ESTUARY, TO RETAIN AND ENHANCE PUBLIC ACCESS TO THE RIVER AND ESTUARY, TO PRESERVE NATURAL AND HISTORIC SITES, AND TO PROMOTE PUBLIC AWARENESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,225,763
Program Service Revenue $0
Investment Income $0
Other Revenue $672
TOTAL REVENUE $1,226,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $306,966
Fundraising Expenses $8,492
Program Expenses $1,105,730
Other Expenses $962,589
TOTAL EXPENSES $1,269,555

Year-over-Year Comparison

2024 2023 Change
Revenue $1,226,435 $1,674,295 -0.3%
Expenses $1,269,555 $1,608,674 -0.2%
Net Income $-43,120 $65,621 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
5
Volunteers
13

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
1
$130,501
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE RHEAULT BOARD CHAIR 2.00
Director
$0 $0 $0
JACKIE FOUSE TREASURER 2.00
Director
$0 $0 $0
PHILIP TABAS SECRETARY 2.00
Director
$0 $0 $0
LISBETH CHAPMAN DIRECTOR 1.00
Director
$0 $0 $0
LAUREN KAUFMANN DIRECTOR 1.00
Director
$0 $0 $0
CHRIS MILLER DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN MURPHY DIRECTOR 1.00
Director
$0 $0 $0
LAURA PARKIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID SHAPIRO DIRECTOR 1.00
Director
$0 $0 $0
MIRA RABIN DIRECTOR 1.00
Director
$0 $0 $0
SUSAN M REVERBY DIRECTOR 1.00
Director
$0 $0 $0
CHRISTA DREW EXECUTIVE DI 35.00
Officer
$105,980 $24,521 $130,501
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 $1,226,435 $1,269,555 $706,946 $-43,120
2023 $1,674,295 $1,608,674 $597,764 $65,621
2022 $1,777,032 $1,579,963 $393,796 $197,069
2021 $1,149,106 $1,129,997 $263,956 $19,109
2020 $1,224,841 $1,206,402 $340,200 $18,439
2019 $1,157,654 $1,096,079 $267,682 $61,575
2018 $1,336,705 $1,266,074 $219,974 $70,631
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