Tugboat Preservation Project

EIN 20-4105764 • 501(c)3 • Brooklyn, NY

Brooklyn, NY

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

1.94x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Source year 2023

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Higher top officer pay than 80% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Source year 2023

-14%

Faster asset growth than 30% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

-100%

Faster revenue growth than 3% of similar nonprofits.

NTEE A99 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets95th percentile

Assets

Down

$20,910

Down $3,381 (-14%) from 2022

Liabilities

Flat

$40,588

Flat from 2022

Net Assets

No earlier filing loaded for comparison.

Operations

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

Down

Down $20,000 (-100%) from 2022

Expenses

$3,381

Up $674 (+25%) from 2022

Net Income

Down

-$3,381

Down $20,674 (-120%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2023

Assets$20,910

Liabilities$40,588

Net Assets-

Open 2023 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2023

Revenue$0

Expenses$3,381

Net Income-$3,381

Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $20,910
Liabilities: $40,588
Net assets: -
Revenue: $0
Expenses: $3,381
Net income: -$3,381

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2023Summary only. Only limited summary data is available for this year.	$20.9	$40.6		$0.00	$3.38	$3.38
2022Summary only. Only limited summary data is available for this year.	$24.3	$40.6		$20.0	$2.71	$17.3
2021Summary only. Only limited summary data is available for this year.	$5.52	$39.1		$0.60	$24.2	$23.6
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.99	$16.0	$10.0	$1.00	$11.1	$10.1
2019Summary only. Only limited summary data is available for this year.	$0.10	$0.00		$0.10	$0.00	$0.10

Latest Filing Detail

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Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023

Mission and Program Overview

Mission

Tugboat preservation project will restore and/or own several historic vessels of the 19th and early 20th centuries including historic wwii pt boats and tugboats. The goal of this organization is to restore these historic vessels to educate the public about their importance to new york state, the hudson river valley and industry in general on the east coast of the united states.