Civic Intelligence

Great Swamp Watershed Association

990 • Fiscal year 2019 • EIN 22-2403906

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 17, 2019

568 Tempe Wick RdMorristown, NJ 07960

(973) 538-3500

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Net Margin

44th percentile

6.5%

Higher net margin than 44% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$125,226

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 14.0% of source-year revenue.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Asset Growth

46th percentile

6.2%

Faster asset growth than 46% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

48th percentile

9.1%

Faster revenue growth than 48% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,870,388

Up $109,981 (+6.2%) from 2018

Net Assets

Up

$1,843,033

Up $109,904 (+6.3%) from 2018

Liabilities

Up

$27,355

Up $77 (+0.3%) from 2018

Revenue

Up

$894,667

Up $74,659 (+9.1%) from 2018

Expenses

Up

$836,116

Up $23,523 (+2.9%) from 2018

Net Income

Up

$58,551

Up $51,136 (+690%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,031,015Liabilities 2011: $6,112Net Assets 2011: $1,024,9032011Assets 2012: $1,093,806Liabilities 2012: $13,174Net Assets 2012: $1,080,6322012Assets 2013: $1,158,771Liabilities 2013: $9,211Net Assets 2013: $1,149,5602013Assets 2014: $1,535,239Liabilities 2014: $73,348Net Assets 2014: $1,461,8912014Assets 2015: $1,555,800Liabilities 2015: $100,385Net Assets 2015: $1,455,4152015Assets 2016: $1,523,590Liabilities 2016: $33,841Net Assets 2016: $1,489,7492016Assets 2018: $1,760,407Liabilities 2018: $27,278Net Assets 2018: $1,733,1292018Assets 2019: $1,870,388Liabilities 2019: $27,355Net Assets 2019: $1,843,0332019Assets 2020: $2,164,411Liabilities 2020: $123,474Net Assets 2020: $2,040,9372020Assets 2021: $2,851,288Liabilities 2021: $94,356Net Assets 2021: $2,756,9322021Assets 2022: $2,538,103Liabilities 2022: $64,574Net Assets 2022: $2,473,5292022Assets 2023: $2,962,270Liabilities 2023: $352,609Net Assets 2023: $2,609,6612023Assets 2025: $3,683,757Liabilities 2025: $239,032Net Assets 2025: $3,444,7252025

Highlighted filing

2019

Assets$1,870,388
Liabilities$27,355
Net Assets$1,843,033

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $429,556Expenses 2011: $524,712Net Income 2011: -$95,1562011Revenue 2012: $645,168Expenses 2012: $576,563Net Income 2012: $68,6052012Revenue 2013: $532,359Expenses 2013: $533,462Net Income 2013: -$1,1032013Revenue 2014: $1,124,273Expenses 2014: $937,602Net Income 2014: $186,6712014Revenue 2015: $608,715Expenses 2015: $630,784Net Income 2015: -$22,0692015Revenue 2016: $666,422Expenses 2016: $620,590Net Income 2016: $45,8322016Revenue 2018: $820,008Expenses 2018: $812,593Net Income 2018: $7,4152018Revenue 2019: $894,667Expenses 2019: $836,116Net Income 2019: $58,5512019Revenue 2020: $922,683Expenses 2020: $744,966Net Income 2020: $177,7172020Revenue 2021: $1,256,492Expenses 2021: $987,604Net Income 2021: $268,8882021Revenue 2022: $1,005,346Expenses 2022: $1,013,827Net Income 2022: -$8,4812022Revenue 2023: $1,635,666Expenses 2023: $1,637,404Net Income 2023: -$1,7382023Revenue 2025: $1,389,495Expenses 2025: $1,158,279Net Income 2025: $231,2162025

Highlighted filing

2019

Revenue$894,667
Expenses$836,116
Net Income$58,551
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 17, 2019
Return Version
2018v3.1
Gross Receipts
$918,021
Mission and Program Overview

Mission

The great swamp watershed association is dedicated to protecting and improving the water resources of the passaic river region, from the great swamp headwaters to newark bay, for present and future generations. Through education, advocacy, science, land preservation and stewardship, in collaboration with partners, we work to instill our communities with an awareness of water's effect on health and the beauty of the environment, from source to sea.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,238,897$1,321,036▲ $82,139
Land, Buildings, and Equipment, Net$345,260$373,322▲ $28,062
Cash and Non-Interest-Bearing Accounts$165,139$117,344▼ $47,795
Savings and Temporary Cash Investments-$54,095-
Prepaid Expenses and Deferred Charges$8,996$6,249▼ $2,747
Total Assets$1,760,407$1,870,388▲ $109,981
Other Assets Total$2,115$-1,658▼ $3,773
Liabilities
Accounts Payable and Accrued Expenses$27,278$27,355▲ $77
Total Liabilities$27,278$27,355▲ $77
Net Assets / Fund Balance
Unrestricted Net Assets$1,624,667$1,756,953▲ $132,286
Permanently Rstr Net Assets$65,080$65,080→ $0
Temporarily Rstr Net Assets$43,382$21,000▼ $22,382
Total Net Assets Fund Balance$1,733,129$1,843,033▲ $109,904
Total Liabilities and Net Assets / Fund Balance$1,760,407$1,870,388▲ $109,981

Asset Categories

AssetBook ValueDepreciationBasis
Land$334,100-$334,100
Equipment$39,222$12,268$51,490

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,238,897-▲ $82,139-$1,321,036
2017$1,057,458$121,475▲ $102,247$42,283$1,238,897
2016$1,004,107$1,615▲ $129,820$78,084$1,057,458
2015$990,669-▲ $13,498-$1,004,107
2014$994,453-▲ $35,935$39,778$990,610
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sally S RubinExec DirectorFT$125,226$125,226

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$666,346
Program Service Revenue
$0
Investment Income
$32,762
Other Revenue
$195,559
All Other Contributions
$611,071
Change in Net Assets
$58,551

Audited Revenue Reconciliation

Revenue per Audited Statements
$918,021
Revenue Not Reported on Financial Statements
$-23,354
Revenue Not Reported on Form 990
$51,353
Other Revenue Adjustments
$-23,354
Total Revenue per Audited Statements
$969,374
Total Revenue per Form 990
$894,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$579,231
Other Expenses$256,885
Total Fundraising Expense$78,554
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$298,733$37,223$39,132$375,088
Current Officers, Directors, Trustees, and Key Employees$120,309$6,684$6,684$133,677
Occupancy$40,084$2,637$2,726$45,447
Payroll Taxes$34,867$3,653$3,814$42,334
Office Expenses$34,494$1,901$2,433$38,828
Pension Plan Contributions$23,169$2,428$2,535$28,132
Other Expenses$118,659$4,053$19,631$19,631
Insurance$11,123$1,035$776$12,934
Fees for Services Other$6,861$3,721-$10,582
Depreciation Depletion$5,928--$5,928
Total Functional Expenses$694,227$63,335$78,554$836,116

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$859,470
Expenses per Audited Statements$836,116
Total Expenses per Form 990$836,116
Expenses Not Reported on Form 990$23,354
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$218,913
Fundraising Direct Expenses$23,354
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$227,625$172,350$15,855$156,495
Music Fest$46,563$46,563$7,499$39,064
Total Events$274,188$218,913$23,354$195,559
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Alan pfeil kathy pfeil trustee trustee spouses

Form 990, Page 6, Part VI, Line 11B

Tax return provided to the organization for review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Enforcement is on an annual basis and any conflict must be evaluated by the organization as to its impact.

Form 990, Page 6, Part VI, Line 15A

All compensation is subject to approval of the board of trustees.

Form 990, Page 6, Part VI, Line 15B

All compensation is subject to approval of the board of trustees.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Great Swamp Watershed Association
EIN
22-2403906
Phone
9735383500
Address
568 TEMPE WICK RD, MORRISTOWN, NJ 07960

Signing Officer

Name
Guy Piserchia
Title
Treasurer
Phone
9735383500
Signed
2019-12-17

Organization Details

Principal Officer
Sally S Rubin
Formed
1981
Legal Domicile
Nj
Voting Board Members
23
Independent Board Members
23
Employees
11
Volunteers
600

Preparer

Firm
Bkc Cpas Pc
Address
114 BROAD ST, FLEMINGTON, NJ 08822
Preparer
Michael a Holk CPA
Phone
9087827900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The great swamp watershed association is dedicated to protecting and improving the water resources of the passaic river region, from the great swamp headwaters to newark bay, for present and future generations. Through education, advocacy, science, land preservation and stewardship, in collaboration with partners, we work to instill our communities with an awareness of water's effect on health and the beauty of the environment, from source to sea.

Form 990, Part XI, Line 9

Direct event expenses 23,354 direct event expenses -23,354

Financial Statement Notes

Schedule D, Page 1, Part II, Line 5

When purchasing land or easements, gswa requests an unrestricted stewadship donation from the property owner either at the time of the transaction or over a period of several years. When land of easements are donated to gswa, an unrestricted donation will be sought to cover the anticipated annual stewardship costs. Stewardship and enforcement needs and costs will be assessed and budgeted each fiscal year and occasional fund drives may be held that are entirely devoted to stewardship fundraising. A conservation eaement stewardship and defense fund will be temporarily restricted in the endowment fund. These funds are held in reserve and are to be used only for stewardship and defense of easements and fee land and only in the case where routine operational funds are insufficient.

Schedule D, Page 1, Part II, Line 9

Not recorded on statements due to no economic value and very little expense incurred.

Schedule D, Page 3, Part X

The organization follows the guidance of fasbs accounting standards codification (asc) topic 740, accounting for income taxes, related to uncertain income tax provisions, which prescribes a threshold of more likely than not, for recognition and derecognition of tax positions taken or expected to be taken in a tax return. Management has determined that it is more likely than not, that all tax positions would be sustained upon examination by taxing authorities. Accordingly, no provision for income taxes has been recorded.

Schedule D, Page 4, Part XI, Line 4B

Direct event expenses -23,354

Schedule D, Page 4, Part XII, Line 2D

Direct event expenses 23,354

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IRS990/MissionDesc0THE GREAT SWAMP WATERSHED ASSOCIATION IS DEDICATED TO PROTECTING AND IMPROVING THE WATER RESOURCES OF THE PASSAIC RIVER REGION, FROM THE GREAT SWAMP HEADWATERS TO NEWARK BAY, FOR PRESENT AND FUTURE GENERATIONS. THROUGH EDUCATION, ADVOCACY, SCIENCE, LAND PRESERVATION AND STEWARDSHIP, IN COLLABORATION WITH PARTNERS, WE WORK TO INSTILL OUR COMMUNITIES WITH AN AWARENESS OF WATER'S EFFECT ON HEALTH AND THE BEAUTY OF THE ENVIRONMENT, FROM SOURCE TO SEA.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$0.24$3.44$1.39$1.16$0.23
2023Summary only. Only limited summary data is available for this year.$2.96$0.35$2.61$1.64$1.64$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.06$2.47$1.01$1.01$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.09$2.76$1.26$0.99$0.27
2020Summary only. Only limited summary data is available for this year.$2.16$0.12$2.04$0.92$0.74$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.87$0.03$1.84$0.89$0.84$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.03$1.73$0.82$0.81$0.01
2016Summary only. Only limited summary data is available for this year.$1.52$0.03$1.49$0.67$0.62$0.05
2015Summary only. Only limited summary data is available for this year.$1.56$0.10$1.46$0.61$0.63$0.02
2014Summary only. Only limited summary data is available for this year.$1.54$0.07$1.46$1.12$0.94$0.19
2013Summary only. Only limited summary data is available for this year.$1.16$0.01$1.15$0.53$0.53$0.00
2012Summary only. Only limited summary data is available for this year.$1.09$0.01$1.08$0.65$0.58$0.07
2011Summary only. Only limited summary data is available for this year.$1.03$0.01$1.02$0.43$0.52$0.10