Illinois River Watershed Ptr
Illinois River Watershed Partnership shows strong asset base despite recent operational deficits.
EIN: 204046238 · Cave Springs, AR · NTEE: C32 · Updated: 2026-03-28
Is Illinois River Watershed Ptr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Illinois River Watershed Ptr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Illinois River Watershed Ptr
Illinois River Watershed Ptr (EIN: 204046238) is a nonprofit organization based in Cave Springs, AR, classified under NTEE code C32. The organization reported total revenue of $913K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Illinois River Watershed Ptr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Illinois River Watershed Ptr is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-568,435 |
| Total Assets | $4.0M |
| Total Liabilities | $17K |
| Net Assets | $4.0M |
| Operating Margin | -55.4% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 30.3 months |
Financial Health Grade: B
In 2023, Illinois River Watershed Ptr reported a deficit of $568K with expenses exceeding revenue, holds 30.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Illinois River Watershed Ptr's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.3% | +36.3% | -12.3% |
| 2022 | +4.0% | +7.2% | -8.6% |
| 2021 | -41.3% | +119.1% | -6.8% |
| 2020 | +8.6% | +12.5% | +15.0% |
| 2019 | -48.2% | +7.5% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Illinois River Watershed Ptr with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Illinois River Watershed Ptr allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $568K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive for a nonprofit of its size, with revenues exceeding $1 million in some years, suggesting a high dedication to mission over executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Illinois River Watershed Ptr's IRS 990 filings:
- Expenses consistently exceeding revenue in the last three reporting periods (2021-2023), potentially indicating unsustainable spending without external support.
- Significant year-over-year revenue volatility, making long-term financial planning challenging.
Strengths
The following positive indicators were identified for Illinois River Watershed Ptr:
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
- Strong asset base ($4,031,060 in 2023) relative to liabilities ($16,557 in 2023), indicating financial resilience.
- Long history of IRS 990 filings (14 filings), suggesting sustained operations and compliance.
- Clear focus on program activities, as implied by the lack of executive compensation and the nature of the organization.
Frequently Asked Questions about Illinois River Watershed Ptr
Is Illinois River Watershed Ptr a legitimate charity?
Based on AI analysis of IRS 990 filings, Illinois River Watershed Ptr (EIN: 204046238) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Illinois River Watershed Ptr spend its money?
Illinois River Watershed Ptr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Illinois River Watershed Ptr tax-deductible?
Illinois River Watershed Ptr is registered as a tax-exempt nonprofit (EIN: 204046238). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Illinois River Watershed Partnership financially stable given recent deficits?
While the organization has reported expenses exceeding revenue in the last three periods (2021-2023), its substantial asset base ($4,031,060 in 2023) and low liabilities ($16,557 in 2023) indicate a strong financial position capable of absorbing these short-term operational deficits.
How does the organization fund its operations without officer compensation?
The consistent 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, allowing more funds to be directed towards programs and administrative costs.
What caused the significant revenue fluctuations, such as the drop from $2,159,001 in 2018 to $471,608 in 2017?
Such large fluctuations often indicate reliance on large grants or specific project funding that can vary significantly year-to-year. A detailed look at their grant funding sources would be necessary to understand this volatility.
Filing History
IRS 990 filing history for Illinois River Watershed Ptr showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Illinois River Watershed Ptr's revenue has grown by 63.5%, moving from $628K to $1.0M. Total assets increased by 789.2% over the same period, from $453K to $4.0M. Total functional expenses rose by 173.5%, from $583K to $1.6M. In its most recent filing year (2023), Illinois River Watershed Ptr reported a deficit of $568K, with expenses exceeding revenue. The organization holds $17K in liabilities against $4.0M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.6M | $4.0M | $17K | — | — |
| 2022 | $742K | $1.2M | $4.6M | $12K | — | View 990 |
| 2021 | $714K | $1.1M | $5.0M | $16K | — | View 990 |
| 2020 | $1.2M | $498K | $5.4M | $8K | — | — |
| 2019 | $1.1M | $443K | $4.7M | $21K | — | View 990 |
| 2018 | $2.2M | $412K | $4.0M | $6K | — | View 990 |
| 2017 | $472K | $433K | $2.2M | $2K | — | View 990 |
| 2016 | $669K | $690K | $2.2M | $21K | — | View 990 |
| 2015 | $1.3M | $587K | $2.3M | $42K | — | View 990 |
| 2014 | $1.7M | $1.1M | $2.1M | $42K | — | View 990 |
| 2013 | $1.1M | $630K | $1.6M | $111K | — | View 990 |
| 2012 | $1.0M | $522K | $1.3M | $294K | — | View 990 |
| 2011 | $628K | $583K | $453K | $2K | — | — |
| 2010 | $628K | $583K | $453K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.6M, and assets of $4.0M (revenue +38.3% year-over-year).
- 2022: Revenue of $742K, expenses of $1.2M, and assets of $4.6M (revenue +4.0% year-over-year).
- 2021: Revenue of $714K, expenses of $1.1M, and assets of $5.0M (revenue -41.3% year-over-year).
- 2020: Revenue of $1.2M, expenses of $498K, and assets of $5.4M (revenue +8.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $443K, and assets of $4.7M (revenue -48.2% year-over-year).
- 2018: Revenue of $2.2M, expenses of $412K, and assets of $4.0M (revenue +357.8% year-over-year).
- 2017: Revenue of $472K, expenses of $433K, and assets of $2.2M (revenue -29.6% year-over-year).
- 2016: Revenue of $669K, expenses of $690K, and assets of $2.2M (revenue -46.7% year-over-year).
- 2015: Revenue of $1.3M, expenses of $587K, and assets of $2.3M (revenue -25.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.1M, and assets of $2.1M (revenue +56.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $630K, and assets of $1.6M (revenue +2.4% year-over-year).
- 2012: Revenue of $1.0M, expenses of $522K, and assets of $1.3M (revenue +66.3% year-over-year).
- 2011: Revenue of $628K, expenses of $583K, and assets of $453K (revenue +0.0% year-over-year).
- 2010: Revenue of $628K, expenses of $583K, and assets of $453K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Illinois River Watershed Ptr:
Data Sources and Methodology
This transparency report for Illinois River Watershed Ptr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.