Civic Intelligence

The River Project Inc

990 • Fiscal year 2016 • EIN 13-3398150

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

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

100th percentile

10.65x

Higher debt load relative to assets than 100% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

1.12x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

41st percentile

0.2%

Higher net margin than 41% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

56th percentile

$27,692

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

17th percentile

-9.1%

Faster asset growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

2.1%

Faster revenue growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$54,551

Down $5,453 (-9.1%) from 2015

Net Assets

Up

-$526,456

Up $949 (+0.2%) from 2015

Liabilities

Down

$581,007

Down $6,402 (-1.1%) from 2015

Revenue

Up

$520,024

Up $10,918 (+2.1%) from 2015

Expenses

Down

$519,075

Down $1,198 (-0.2%) from 2015

Net Income

Up

$949

Up $12,116 (+108%) from 2015

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

2016

Assets$54,551
Liabilities$581,007
Net Assets-$526,456

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

2016

Revenue$520,024
Expenses$519,075
Net Income$949
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$561,256
Mission and Program Overview

Mission

Research Education in Ecology of the Hudson River.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$541,512$564,012▲ $22,500
Land, Buildings, and Equipment, Net$48,157$40,021▼ $8,136
Savings and Temporary Cash Investments$10,912$14,095▲ $3,183
Cash and Non-Interest-Bearing Accounts$500$0▼ $500
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$60,004$54,551▼ $5,453
Other Assets Total$435$435→ $0
Liabilities
Unsecured Notes Loans Payable$30,000--
Accounts Payable and Accrued Expenses$11,458$11,024▼ $434
Other Liabilities$4,439$5,971▲ $1,532
Total Liabilities$587,409$581,007▼ $6,402
Net Assets / Fund Balance
Unrestricted Net Assets$-527,405$-526,456▲ $949
Total Net Assets Fund Balance$-527,405$-526,456▲ $949
Total Liabilities and Net Assets / Fund Balance$60,004$54,551▼ $5,453

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$39,591$123,023$162,614
Equipment$-2,705$76,166$73,461
Other Land Buildings$3,135$3,177$6,312
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cathy DrewDirectorFT$27,692$27,692

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
Dr Michael LevandowskyDirector
Dr Paul MankiewiczDirector
Ian DanicSecretary
Steve PaschallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$509,992
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$10,020
All Other Contributions
$440,317
Change in Net Assets
$949

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
Real Estate Commercial1$211,000Fair Market Rent
Total Noncash Contributions1$211,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$520,024
Total Revenue per Audited Statements
$520,024
Total Revenue per Form 990
$520,024
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$326,448
Salaries, Compensation, and Employee Benefits$192,627
Total Fundraising Expense$51,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$137,150$52,750$21,100$211,000
Other Salaries and Wages$93,870$36,104$14,442$144,416
Current Officers, Directors, Trustees, and Key Employees$18,000$6,923$2,769$27,692
Payroll Taxes$8,646$3,325$1,330$13,301
Payment Travel Entrtnmnt Publicly Ofcl$6,948$2,672$1,069$10,689
Depreciation Depletion$8,995--$8,995
Conferences and Meetings$4,941$1,900$760$7,601
Other Employee Benefits$4,692$1,804$722$7,218
Office Expenses$4,191$1,612$645$6,448
Fees for Services Accounting-$5,184-$5,184
All Other Expenses$1,116$3,495$171$4,782
Insurance$3,252$1,084-$4,336
Other Expenses$7,906$8,000$2,700$2,700
Total Functional Expenses$332,034$135,144$51,897$519,075

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$519,075
Total Expenses per Audited Statements$519,075
Total Expenses per Form 990$519,075
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$41,232
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$541,512$564,012▲ $22,500
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$5,971
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
2017-11-15
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
Michael M Husbands
Phone
7325952475
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