Civic Intelligence

The River Project Inc

990 • Fiscal year 2014 • EIN 13-3398150

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 28, 2015

Pier 40 at West Street Houston StNew York, NY 10014

(212) 233-3030

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

6.66x

Higher debt load relative to assets than 99% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

1.13x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

95th percentile

117%

Faster asset growth than 95% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

64th percentile

13%

Faster revenue growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$91,023

Up $49,052 (+117%) from 2013

Net Assets

Up

-$515,614

Up $46,334 (+8.2%) from 2013

Liabilities

Up

$606,637

Up $2,718 (+0.5%) from 2013

Revenue

Up

$536,574

Up $59,634 (+13%) from 2013

Expenses

Down

$520,361

Down $94,982 (-15%) from 2013

Net Income

Up

$16,213

Up $154,616 (+112%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $33,949Liabilities 2010: $431,307Net Assets 2010: -$397,3582010Assets 2011: $29,139Liabilities 2011: $430,658Net Assets 2011: -$401,5192011Assets 2012: $31,031Liabilities 2012: $424,556Net Assets 2012: -$393,5252012Assets 2013: $41,971Liabilities 2013: $603,919Net Assets 2013: -$561,9482013Assets 2014: $91,023Liabilities 2014: $606,637Net Assets 2014: -$515,6142014Assets 2015: $60,004Liabilities 2015: $587,409Net Assets 2015: -$527,4052015Assets 2016: $54,551Liabilities 2016: $581,007Net Assets 2016: -$526,4562016Assets 2017: $62,602Liabilities 2017: $705,398Net Assets 2017: -$642,7962017Assets 2018: $221,702Liabilities 2018: $741,263Net Assets 2018: -$519,5612018Assets 2019: $160,704Liabilities 2019: $341,959Net Assets 2019: -$181,2552019Assets 2020: $188,833Liabilities 2020: $7,181Net Assets 2020: $181,6522020Assets 2021: $93,860Liabilities 2021: $6,481Net Assets 2021: $87,3792021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$91,023
Liabilities$606,637
Net Assets-$515,614

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $521,860Expenses 2010: $522,146Net Income 2010: -$2862010Revenue 2011: $501,686Expenses 2011: $505,846Net Income 2011: -$4,1602011Revenue 2012: $532,251Expenses 2012: $525,332Net Income 2012: $6,9192012Revenue 2013: $476,940Expenses 2013: $615,343Net Income 2013: -$138,4032013Revenue 2014: $536,574Expenses 2014: $520,361Net Income 2014: $16,2132014Revenue 2015: $509,106Expenses 2015: $520,273Net Income 2015: -$11,1672015Revenue 2016: $520,024Expenses 2016: $519,075Net Income 2016: $9492016Revenue 2017: $496,632Expenses 2017: $612,972Net Income 2017: -$116,3402017Revenue 2018: $751,593Expenses 2018: $628,358Net Income 2018: $123,2352018Revenue 2019: $935,839Expenses 2019: $536,130Net Income 2019: $399,7092019Revenue 2020: $633,301Expenses 2020: $251,864Net Income 2020: $381,4372020Revenue 2021: $52,572Expenses 2021: $27,704Net Income 2021: $24,8682021Revenue 2022: $158Expenses 2022: $6,412Net Income 2022: -$6,2542022

Highlighted filing

2014

Revenue$536,574
Expenses$520,361
Net Income$16,213
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 28, 2015
Return Version
2014v5.0
Gross Receipts
$540,336
Mission and Program Overview

Mission

Research Education in Ecology of the Hudson River.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$526,512$530,512▲ $4,000
Land, Buildings, and Equipment, Net$47,447$39,813▼ $7,634
Savings and Temporary Cash Investments$20,705$26,929▲ $6,224
Pledges and Grants Receivable$1,715$20,000▲ $18,285
Prepaid Expenses and Deferred Charges-$3,346-
Cash and Non-Interest-Bearing Accounts$500$500→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$70,802$91,023▲ $20,221
Other Assets Total$435$435→ $0
Liabilities
Unsecured Notes Loans Payable$60,000$60,000→ $0
Accounts Payable and Accrued Expenses$12,518$11,110▼ $1,408
Other Liabilities$5,033$5,015▼ $18
Total Liabilities$604,063$606,637▲ $2,574
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$20,000-
Unrestricted Net Assets$-533,261$-535,614▼ $2,353
Total Net Assets Fund Balance$-533,261$-515,614▲ $17,647
Total Liabilities and Net Assets / Fund Balance$70,802$91,023▲ $20,221

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$27,418$119,710$147,128
Equipment$10,194$61,811$72,005
Other Land Buildings$2,201$1,809$4,010
Compensation and Service Providers

Board Members and Trustees

NameTitle
Miguel PadillaPresident
Marcha JohnsonVice President
Brian SilverBoard Member
David FinkBoard Member
Isaac Wirgin Ph dBoard Member
Jeffrey Levinton PHDBoard Member
Rodney Rountree PhDBoard Member
Wilbur WoodsBoard Member
Cathy DrewDirector
Dr Paul MankiewiczDirector
Ian DanicSecretary
Dr Michael LevandowskyTreasurer
Steve PaschallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$503,108
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$33,454
All Other Contributions
$503,108
Change in Net Assets
$16,213

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$211,000Fair market va
Total Noncash Contributions1$211,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$536,574
Total Revenue per Audited Statements
$536,574
Total Revenue per Form 990
$536,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,530
Salaries, Compensation, and Employee Benefits$186,831
Total Fundraising Expense$27,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$211,000--$211,000
Other Salaries and Wages$96,456$37,099$14,839$148,394
Other Employee Benefits$17,566$6,756$2,703$27,025
Travel$10,312$3,966$1,586$15,864
Payroll Taxes$7,418$2,853$1,141$11,412
Depreciation Depletion$9,934--$9,934
All Other Expenses$5,320$3,267$167$8,754
Insurance$4,640$1,547-$6,187
Office Expenses$3,812$1,466$586$5,864
Conferences and Meetings$2,748$1,056$423$4,227
Other Expenses$2,046$787$315$3,148
Total Functional Expenses$407,764$85,220$27,377$520,361

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$520,361
Total Expenses per Audited Statements$520,361
Total Expenses per Form 990$520,361
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,762
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$526,512$530,512▲ $4,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$5,015
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The River Project Inc
EIN
13-3398150
Phone
2122333030
Address
Pier 40 at West Street Houston St, New York, NY 10014

Signing Officer

Name
Steve Paschall
Title
Treasurer
Signed
2015-10-28
Discuss with paid preparer
Yes

Organization Details

Formed
1986
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
5
Employees
6
Volunteers
23

Preparer

Firm
Wealths Core LLC
Address
PO Box 5107, Plainfield, NJ 07061
Preparer
Tabitha Rodriguez
Phone
9085148670
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