Friends Of The Mad River

Waitsfield, VT
Tax-exempt since Feb. 1998
EIN: 03-0348974

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Environmental Quality, Protection and Beautification / Water Resource, Wetlands Conservation and Management (NTEE)

Donations to this organization are tax deductible.

Revenue

$406k (2024)

Expenses

$411k (2024)

Total Assets

$526k (2024)

Total Liabilities

$12.9k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Revenue

$406,162

Expenses

$410,716

Net Income

-$4,554

Net Assets

$512,623

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$398,525	98.1%
Program Services	$443	0.1%
Investment Income	$7,194	1.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$69,600	16.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$54,132	13.2%

Assets/Debt
Total Assets	$525,517
Total Liabilities	$12,894
Net Assets	$512,623

Compensation

Key Employees and Officers	Compensation	Related	Other
Ira Shadis (Executive Director)	$64,800	$0	$3,771
Matt Williams (President)	$0	$0	$0
Katie Sullivan (Vice President)	$0	$0	$0
John Norton (Treasurer)	$0	$0	$0
F Kincaid Perot (Secretary)	$0	$0	$0
Richard Czaplinski (Director)	$0	$0	$0
Rebecca Diehl (Director)	$0	$0	$0
Jeannie Nicklas (Director)	$0	$0	$0
Grady O'shaughnessy (Director)	$0	$0	$0
Amy Polaczyk (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 18, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2023

Revenue

$196,134

Expenses

$182,779

Net Income

$13,355

Net Assets

$510,596

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$194,059	98.9%
Program Services	$100	0.1%
Investment Income	$1,975	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$73,753	40.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$32,264	17.7%

Assets/Debt
Total Assets	$528,620
Total Liabilities	$18,024
Net Assets	$510,596

Compensation

Key Employees and Officers	Compensation	Related	Other
Ira Shadis (Program Manager (Apr Sep) / E.D. (Oct Mar))	$52,754	$0	$1,055
Corrie Miller (Executive Director (Apr Oct))	$51,831	$0	$11,202
Matt Williams (President)	$0	$0	$0
Katie Sullivan (Vice President)	$0	$0	$0
John Sucosh Norton (Treasurer)	$0	$0	$0
F Kincaid Perot (Secretary)	$0	$0	$0
Richard Czaplinski (Director)	$0	$0	$0
Rebecca Diehl (Director)	$0	$0	$0
Eve Frankel (Director)	$0	$0	$0
Jeannie Nicklas (Director)	$0	$0	$0
Grady O'shaughnessy (Director)	$0	$0	$0
Amy Polaczyk (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0

+ View more people

990

Filed on Dec. 7, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2022

Revenue

$306,629

Expenses

$234,137

Net Income

$72,492

Net Assets

$500,328

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$304,274	99.2%
Program Services	$1,200	0.4%
Investment Income	$1,155	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$72,484	31.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$52,654	22.5%

Assets/Debt
Total Assets	$503,791
Total Liabilities	$3,463
Net Assets	$500,328

Compensation

Key Employees and Officers	Compensation	Related	Other
Corrie Miller (Executive Director)	$58,415	$0	$9,402
Edward Farquhar (President)	$0	$0	$0
Matthew Williams (Vice President)	$0	$0	$0
John Sucosh Norton (Treasurer)	$0	$0	$0
F Kincaid Perot (Secretary)	$0	$0	$0
Richard Czaplinski (Director)	$0	$0	$0
Rebecca Diehl (Director)	$0	$0	$0
Eve Frankel (Director)	$0	$0	$0
Jeannie Nicklas (Director)	$0	$0	$0
Grady O'shaughnessy (Director)	$0	$0	$0
Amy Polaczyk (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0
Katie Sullivan (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2021

Revenue

$230,289

Expenses

$166,648

Net Income

$63,641

Net Assets

$446,194

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$227,381	98.7%
Program Services	$330	0.1%
Investment Income	$2,578	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$68,777	41.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$40,190	24.1%

Assets/Debt
Total Assets	$449,306
Total Liabilities	$3,112
Net Assets	$446,194

Compensation

Key Employees and Officers	Compensation	Related	Other
Corrie Miller (Executive Director)	$55,633	$0	$12,104
Edward Farquhar (President)	$0	$0	$0
Matthew Williams (Vice President)	$0	$0	$0
Sucosh Norton (Treasurer)	$0	$0	$0
F Kincaid Perot (Secretary)	$0	$0	$0
Richard Czaplinski (Director)	$0	$0	$0
Ned Kelley (Director)	$0	$0	$0
Jeannie Sargent (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0
Katie Sullivan (Director)	$0	$0	$0

+ View more people

990

Filed on Dec. 29, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2020

Revenue

$419,454

Expenses

$404,524

Net Income

$14,930

Net Assets

$368,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$409,049	97.5%
Program Services	$5,355	1.3%
Investment Income	$5,000	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$50	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$66,726	16.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$24,296	6.0%

Assets/Debt
Total Assets	$370,929
Total Liabilities	$2,247
Net Assets	$368,682

Compensation

Key Employees and Officers	Compensation	Related	Other
Corrie Miller (Executive Director)	$54,743	$0	$12,855
F Kincaid Perot (President)	$0	$0	$0
Richard Czaplinski (Vice President)	$0	$0	$0
Sucosh Norton (Treasurer)	$0	$0	$0
Ned Farquhar (Secretary)	$0	$0	$0
Ned Kelley (Director)	$0	$0	$0
Jeannie Sargent (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0
Katie Sullivan (Director)	$0	$0	$0
Matthew Williams (Director)	$0	$0	$0

+ View more people

990

Filed on Oct. 7, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2019

Revenue

$205,768

Expenses

$151,000

Net Income

$54,768

Net Assets

$356,522

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$199,740	97.1%
Program Services	$3,549	1.7%
Investment Income	$2,374	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$105	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$59,396	39.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$22,948	15.2%

Assets/Debt
Total Assets	$358,825
Total Liabilities	$2,303
Net Assets	$356,522

Compensation

Key Employees and Officers	Compensation	Related	Other
Corrie Miller (Executive Director)	$46,855	$0	$10,308
F Kincaid Perot (President)	$0	$0	$0
Richard Czaplinski (Vice President)	$0	$0	$0
Sucosh Norton (Treasurer)	$0	$0	$0
Ned Farquhar (Secretary)	$0	$0	$0
Ned Kelley (Director)	$0	$0	$0
Jeannie Sargent (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0
Katie Sullivan (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 12, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2018

Revenue

$195,980

Expenses

$131,011

Net Income

$64,969

Net Assets

$300,632

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$193,392	98.7%
Program Services	$1,485	0.8%
Investment Income	$1,103	0.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Assets/Debt
Total Assets	$302,911
Total Liabilities	$2,279
Net Assets	$300,632

Compensation

Key Employees and Officers	Compensation	Other
Corrie Miller (Executive Director)	$49,375	$8,832
F Kincaid Perot (President)	$0	$0
Kathleen Sullivan (Secretary)	$0	$0
Edward Kelley (Director)	$0	$0
John Norton Jr (Treasurer)	$0	$0
Jeanne Sargent (Director)	$0	$0
Brian Shupe (Director)	$0	$0
Richard Czaplinski (Director)	$0	$0
Edward Farquhar (Director)	$0	$0
Ann Hoogenboom (Director)	$0	$0
Lindsey Vandal (Director)	$0	$0

+ View more people

990-EZ

Filed on Oct. 4, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending March
2017

Revenue

$134,605

Expenses

$156,169

Net Income

-$21,564

Net Assets

$235,702

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$133,055	98.8%
Program Services	$0
Investment Income	$1,193	0.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$357	0.3%

Assets/Debt
Total Assets	$237,274
Total Liabilities	$1,572
Net Assets	$235,702

Compensation

Key Employees and Officers	Compensation	Other
Corrie Miller (Executive Director)	$47,297	$6,789
F Kincaid Perot (President)	$0	$0
John Bryne (Director)	$0	$0
Kathleen Sullivan (Secretary)	$0	$0
Edward Kelley (Director)	$0	$0
John Norton Jr (Treasurer)	$0	$0
Jeanne Sargent (Director)	$0	$0
Brian Shupe (Director)	$0	$0
Kate Sudhoff (Vice President)	$0	$0
Richard Czaplinski (Director)	$0	$0
Edward Farquhar (Director)	$0	$0
Ann Hoogenboom (Director)	$0	$0
Lindsey Vandal (Director)	$0	$0

+ View more people

990-EZ

Filed on July 31, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2016

Revenue

$268,433

Expenses

$166,280

Net Income

$102,153

Net Assets

$257,266

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$266,461	99.3%
Program Services	$0
Investment Income	$1,151	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$120	0.0%
Other Revenue	$701	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$49,705	29.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$953	0.6%

Assets/Debt
Total Assets	$258,676
Total Liabilities	$1,410
Net Assets	$257,266

Compensation

Key Employees and Officers	Compensation	Related	Other
Corrie Miller (Executive Director)	$43,673	$0	$5,160
F Kincaid Perot (President)	$0	$0	$0
Jack Byrne (Vice President)	$0	$0	$0
Cyndee Button (Treasurer)	$0	$0	$0
Katie Sullivan (Secretary)	$0	$0	$0
Richard Czaplinski (Director)	$0	$0	$0
Ned Kelley (Director)	$0	$0	$0
John Norton (Director)	$0	$0	$0
Jeannie Sargent (Director)	$0	$0	$0
Brian Shupe (Director)	$0	$0	$0
Kate Sudhoff (Director)	$0	$0	$0
Lindsey Vandal (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 10, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending March
2015

Revenue

$67,653

Expenses

$69,330

Net Income

-$1,677

Net Assets

$155,113

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$66,764	98.7%
Program Services	$0
Investment Income	$609	0.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$280	0.4%
Other Revenue	$0

Assets/Debt
Total Assets	$156,726
Total Liabilities	$1,613
Net Assets	$155,113

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Revenue

$65,918

Expenses

$63,187

Net Income

$2,731

Net Assets

$156,790

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$63,946	97.0%
Program Services	$895	1.4%
Investment Income	$1,077	1.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Assets/Debt
Total Assets	$158,081
Total Liabilities	$1,291
Net Assets	$156,790

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Revenue

$48,484

Expenses

$69,382

Net Income

-$20,898

Net Assets

$154,265

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$35,313	72.8%
Program Services	$4,328	8.9%
Investment Income	$1,555	3.2%
Net Fundraising	$0
Sales of Assets	-$5,453
Net Inventory Sales	$0
Other Revenue	$0

Assets/Debt
Total Assets	$155,006
Total Liabilities	$741
Net Assets	$154,265

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Revenue

$84,167

Expenses

$96,906

Net Income

-$12,739

Net Assets

$165,289

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$65,296	77.6%
Program Services	$6,772	8.0%
Investment Income	$2,203	2.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$237	0.3%

Assets/Debt
Total Assets	$166,126
Total Liabilities	$837
Net Assets	$165,289

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Revenue

$34,470

Expenses

$69,118

Net Income

-$34,648

Net Assets

$185,678

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$34,783	> 100%
Program Services	$0
Investment Income	$2,175	6.3%
Net Fundraising	$0
Sales of Assets	-$6,958
Net Inventory Sales	$0
Other Revenue	$90	0.3%

Assets/Debt
Total Assets	$185,678
Total Liabilities	$0
Net Assets	$185,678

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Friends Of The Mad River

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $406k (2024)

Expenses $411k (2024)

Total Assets $526k (2024)

Total Liabilities $12.9k (2024)

Tax Filings by Year

Fiscal Year Ending March 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2018

Extracted Financial Data

Extracted Financial Data from 990-EZ

Compensation

Document Links

990-EZ

Fiscal Year Ending March 2017

Extracted Financial Data

Extracted Financial Data from 990-EZ

Compensation

Document Links

990-EZ

Fiscal Year Ending March 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2015

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from 990-EZ

Document Links

990-EZ

Fiscal Year Ending June 2012

Extracted Financial Data

Revenue

$406k (2024)

Expenses

$411k (2024)

Total Assets

$526k (2024)

Total Liabilities

$12.9k (2024)

Fiscal Year Ending March
2024

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending March
2020

Fiscal Year Ending March
2019

Fiscal Year Ending March
2018

Fiscal Year Ending March
2017

Fiscal Year Ending March
2016

Fiscal Year Ending March
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002