Haw River Assembly Inc (EIN 581510282) - 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

1982

Legal Domicile

Phone

9195425790

Tax Period

2023-01-01 to 2023-12-31

Haw River Assembly Inc, founded in 1982, is a community nonprofit in the Environment sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 375% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 71% operating margin.

Mission

The Haw River Assembly was founded in 1982 to protect the waters of the Haw River, Jordan Lake and tributaries. We advocate for clean water and conduct educational programs, stream monitoring, river clean-ups and other activities that engage volunteers and the public.

🔒

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 $1,525,767

Program Service Revenue $0

Investment Income $-73,120

Other Revenue $-1,459

TOTAL REVENUE $1,451,188

Expense Breakdown

Grants Paid $4,495

Salaries & Benefits $334,467

Fundraising Expenses $49,775

Program Expenses $318,400

Other Expenses $88,706

TOTAL EXPENSES $427,668

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,451,188	$305,466	+3.8%
Expenses	$427,668	$239,940	+0.8%
Net Income	$1,023,520	$65,526	+14.6%

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

502

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

$62,399

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elaine Chiosso	Executive Dir.	40.00	Officer	$62,399	$0	$62,399
Chris Green	Board Member	1.00	Director	$0	$0	$0
John Wagner	Board Member	1.00	Director	$0	$0	$0
Jeannie Ambrose	Board Member	1.00	Director	$0	$0	$0
John Runkle	Board Member	1.00	Director	$0	$0	$0
Nicole Gaines	President	2.00	Officer Director	$0	$0	$0
Gerald Lynn Featherstone	Board Member	1.00	Director	$0	$0	$0
Dr Crystal Cavalier Keck	Board Member	1.00	Director	$0	$0	$0
Dianne Ford	Co-Secretary	2.00	Officer Director	$0	$0	$0
David Jester	Board Member	1.00	Director	$0	$0	$0
Rufus King	Board Member	1.00	Director	$0	$0	$0
Sharon Garbutt	Board Member	1.00	Director	$0	$0	$0
Kate Fulbright	Co-Secretary	2.00	Officer Director	$0	$0	$0
Chris Carter	Board Member	1.00	Director	$0	$0	$0
Ayo Wilson	Vice President	2.00	Officer Director	$0	$0	$0
Francisco Plaza	Board Member	1.00	Director	$0	$0	$0
Jo Sanders	Treasurer	2.00	Officer Director	$0	$0	$0
Dr Janet MacFall	Board Member	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	$1,451,188	$427,668	$2,073,936	$1,023,520
2022	$305,466	$239,940	$722,338	$65,526
2021	$652,754	$209,158	$657,036	$443,596
2020	$170,206	$218,217	$237,688	$-48,011
2019	$225,967	$172,674	$259,904	$53,293
2018	$149,976	$140,829	$203,097	$9,147

Haw River Assembly Inc