Friends of the Yampa Inc

Nonprofit profile at a glance

EIN
273657002
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-EZ 2018, Form 990-N 2016
Location
Steamboat Springs, CO, USA
Phone
9703677044
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$1,214,603
Expenses
$1,049,299
Assets
$1,186,767
Liabilities
$163,149

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KAREN WOGSLAND (PRESIDENT)

Highest reported compensation

  • LINDSEY MARLOW (EXECUTIVE DI): $92,474 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to protect and enhance the environmental and recreational integrity of the yampa river and its tributaries, through stewardship, advocacy, education and partnerships.

What it reported doing in 2024

The yampa river awareness project's (yrap) goals are to: document the unique resources and values of the wild and free flowing yampa river. Inform the public and policy makers about these values and what could be lost if a major dam, diversion or dewatering project occurs on the yampa. Inspire people to protect the yampa river for future generations. Yampa river festival which raises awareness of the yampa river located in Colorado and Utah. The event combines featured speakers discussing the importance of the yampa river as well as river related competetive events and activities. Yampa river youth camps: the main goal of this program is to empower youth to travel safely in whitewater river conditions while falling in love with one of the most important resources here in the yampa valley. This class will create opportunities for the youth of northwest Colorado to get their foot in the door with not only beginner river skills but also on local river knowledge. Through river conservation and environmental education youth will come away as agents of change and stewards to our local river and adjacent agricultural, public and private lands. Public relations designed to raise awareness of the importance of the yampa river and it's tributaries.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.4%; rating input score 70
  • Program expense ratio: 80.9%; rating input score 81
  • Fundraising efficiency: $22.41 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.6%; rating input score 99; 47th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 13.6%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 8.8%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 39% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 32.2% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 27.5% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 70.4% of revenue deployed · 80.9% of spending went to programs
  • Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $849K in reported program spending
  • Leadership: top reported pay $92K · 10 people listed
  • Consistency: 35 of 36 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.