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Indiana · Nonprofit

RIVER HERITAGE CONSERVANCY INC

RIVER HERITAGE CONSERVANCY INC (Indiana) receives grants from 17 organizations whose IRS filings report $19,766,848 to it, the largest being BLUE SKY FOUNDATION INC ($11,939,105). 11 of them have funded it in more than one year.

Revenue FY2025
$17M
Funders on record
17
Grants received
$20M
Net assets
$47M
11/17 repeat fundersgrants exceed reported revenue in one year
01What it does

What River Heritage Conservancy Inc does

Mission

River heritage conservancy is a 501(c)(3) organization dedicated to creating, improving, and sustaining exceptional parks and landscapes with natural and historic resources unique to the falls of the ohio area, and to advancing our region's quality of life and environment.

As stated on its FY2025 Form 990.

Programs

  1. Founded in 2016, river heritage conservancy, inc. (the organization) is an indiana based nonprofit corporation formed to create, improve, and sustain exceptional parks with natural and historic resources unique to the falls of the ohio area, advancing the region's quality of life and environment through public/private partnerships. Origin park is the centerpiece project for this initiative, for which the organization has acquired development control of 340 acres of the planned 430 acre park and produced a master plan.the organization's primary source of support has been provided by the local philanthropic community through grants and contributions. Going forward, the organization, working with community leaders and community organizations will undertake the role of soliciting and accepting contributions and grants from the general public, governmental organizations, and other funding sources.with an expanded team of nine full-time employees and a volunteer board of directors, river heritage conservancy (rhc) advanced both the size and scope of origin park while activating areas for public access and programming through partnerships with local organizations. Key activities included…

    $2,211,540 spentof which $2,800 as grants
    100% of program spending
  2. The organization continued development of wildwater at origin park, the facility originally referred to as an "outdoor adventure park" in the organization's 1023. The purpose of wildwater at origin park is providing an inland whitewater recreational experience with kayaking, rock climbing, ziplining and water safety integrated within the larger park structure. Wildwater at origin park is intended to pay honor to our region's historical vantage point at the nearby falls of the ohio river with all excess revenue proceeds from its operations to be used for maintenance of the facility, education, programming and overall upkeep of the entire origin park footprint in which it resides.

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,211,540.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.3M) Expenses 100 ($220k) Net assets 100 ($1.3M)2018 Revenue 127 ($1.7M) Expenses 212 ($466k) Net assets 193 ($2.5M)2019 Revenue 65 ($859k) Expenses 169 ($371k) Net assets 231 ($3.0M)2020 Revenue 333 ($4.4M) Expenses 209 ($460k) Net assets 590 ($7.7M)2021 Revenue 163 ($2.2M) Expenses 298 ($656k) Net assets 705 ($9.2M)2022 Revenue 474 ($6.3M) Expenses 424 ($934k) Net assets 1115 ($15M)2023 Revenue 162 ($2.1M) Expenses 582 ($1.3M) Net assets 1537 ($20M)2024 Revenue 1249 ($17M) Expenses 1168 ($2.6M) Net assets 2608 ($34M)2025 Revenue 1264 ($17M) Expenses 1429 ($3.1M) Net assets 3650 ($47M)
'17'18'19'20'21'22'23'24'25
Revenue (1264)Expenses (1429)Net assets (3650)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $20M to $35M (+72%).

$1.3M
$2.5M
$3.0M
$7.7M
$9.2M
$15M
$20M
$35M
$49M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 3% · 2023 37% · 2024 2% · 2025 90%. Grants only. Government contracts and fees sit inside program revenue.

97% of RIVER HERITAGE CONSERVANCY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (11% for the typical peer).

This organization
Typical peer · 336 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.1M
’17
$1.2M
’18
$488k
’19
$3.9M
’20
$1.5M
’21
$5.3M
’22
$854k
’23
$14M
’24
$14M
’25
51
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dennis Schnurbusch

CEO

Board chair

Kent Lanum

Board chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2021 and FY2022, and between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed81010111516151715
Joined·+2+1+1+5+5+0+4+4
No longer listed·01014126
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 9 funders, grant income rose $443k → $2.8M.

5 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RIVER HERITAGE CONSERVANCY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RIVER HERITAGE CONSERVANCY INC leans on a few funders — its largest provides 60% of grant income and the top three 87%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

60%
largest funder
87%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 63% · 2020 95% · 2021 43% · 2022 91% · 2023 37% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

80% of RIVER HERITAGE CONSERVANCY INC's funders are still giving 2 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

97% of RIVER HERITAGE CONSERVANCY INC's grant income comes from Indiana funders.

IN
KY
AZ
NC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RIVER HERITAGE CONSERVANCY INC runs a healthier operating margin than three-quarters of the 184 recreation & sports nonprofits its size.

Operating margin81% · top quartile
Months of reserve50.6mo · top quartile
Revenue growth (annualized)37% · top quartile

this organization peer median middle 50% of peers· 184 recreation & sports nonprofits $10M–$100M, FY2025

Government funding RIVER HERITAGE CONSERVANCY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $800k on record.

Federal$800k
grants $800kcontracts $0
Top agencies
  • Environmental Protection Agency$800k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like RIVER HERITAGE CONSERVANCY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 18%Fundraising 11%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Wildwater Ventures LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for RIVER HERITAGE CONSERVANCY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RIVER HERITAGE CONSERVANCY INC?
RIVER HERITAGE CONSERVANCY INC (Indiana) receives grants from 17 organizations whose IRS filings report $19,766,848 to it, the largest being BLUE SKY FOUNDATION INC ($11,939,105). 11 of them have funded it in more than one year.
How many funders does RIVER HERITAGE CONSERVANCY INC have?
IRS filings report 17 organizations giving $19,766,848 in grants to RIVER HERITAGE CONSERVANCY INC, 11 of which have funded it in more than one year.
Who is the largest funder of RIVER HERITAGE CONSERVANCY INC?
BLUE SKY FOUNDATION INC is the largest funder on record, with $11,939,105 in grants. The full list of funders is on this page.
How can an organization like RIVER HERITAGE CONSERVANCY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing