SOUND RIVERS INC (EIN 581475258) - 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

1981

Legal Domicile

Principal Officer

HEATHER DECK

Phone

2529467211

Tax Period

2023-01-01 to 2023-12-31

SOUND RIVERS INC, founded in 1981, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 10% surplus.

Mission

TO PROTECT AND ENHANCE THE TAR-PAMLICO AND NEUSE RIVERS AND WATERSHEDS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,202,332

Program Service Revenue $110,228

Investment Income $8,411

Other Revenue $56,945

TOTAL REVENUE $1,377,916

Expense Breakdown

Grants Paid $90,079

Salaries & Benefits $552,499

Fundraising Expenses $23,376

Program Expenses $1,088,689

Other Expenses $595,840

TOTAL EXPENSES $1,238,418

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,377,916	$1,092,339	+0.3%
Expenses	$1,238,418	$968,679	+0.3%
Net Income	$139,498	$123,660	+0.1%

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

275

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

$79,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER DECK	EXECUTIVE DI	45.00	Officer	$79,200	$0	$79,200
CATHERINE KASTLEMAN	PRESIDENT	4.00	Officer Director	$0	$0	$0
ADRIAN ATKINSON	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DAVID EMMERLING EDH	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
BETSY HESTER	CHAIR	2.00	Officer Director	$0	$0	$0
JOSETH BOCOOK	DEI CHAIR	1.00	Officer Director	$0	$0	$0
WALKER KNOX	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
TRIP BOYER	DIRECTOR	1.00	Director	$0	$0	$0
SID MITRA PHD	DIRECTOR	1.00	Director	$0	$0	$0
CATY GRAY URQUHART	DIRECTOR	1.00	Director	$0	$0	$0
MIRIAM ESPINOSA	DIRECTOR	1.00	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	$1,377,916	$1,238,418	$1,901,688	$139,498
2022	$1,092,339	$968,679	$1,569,837	$123,660
2021	$968,563	$827,536	$1,680,146	$141,027
2020	$1,037,026	$796,907	$1,585,403	$240,119
2019	$816,997	$674,601	$1,236,570	$142,396
2018	$681,116	$569,217	$1,045,172	$111,899

SOUND RIVERS INC