Civic Intelligence

Hudson River Watershed Alliance Inc.

990 • Fiscal year 2023 • EIN 45-2772407

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 11, 2024

PO Box 1734Kingston, NY 12402

(845) 224-3252

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.13x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Net Margin

31st percentile

-2.3%

Higher net margin than 31% of similar nonprofits.

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2023 filings • NTEE C • <$500k nonprofits • Source year 2023

Asset Growth

18th percentile

-28%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

74th percentile

39%

Faster revenue growth than 74% of similar nonprofits.

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

Assets

Down

$80,980

Down $31,426 (-28%) from 2022

Net Assets

Down

$70,781

Down $4,935 (-6.5%) from 2022

Liabilities

Down

$10,199

Down $26,491 (-72%) from 2022

Revenue

Up

$214,661

Up $60,344 (+39%) from 2022

Expenses

Up

$219,596

Up $26,543 (+14%) from 2022

Net Income

Up

-$4,935

Up $33,801 (+87%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $20,939Liabilities 2012: $02012Assets 2014: $11,977Liabilities 2014: $02014Assets 2015: $30,576Liabilities 2015: $7,232Net Assets 2015: $23,3442015Assets 2016: $35,672Liabilities 2016: $13,134Net Assets 2016: $22,5382016Assets 2017: $26,169Liabilities 2017: $6,120Net Assets 2017: $20,0492017Assets 2018: $38,122Liabilities 2018: $6,858Net Assets 2018: $31,2642018Assets 2019: $72,773Liabilities 2019: $0Net Assets 2019: $72,7732019Assets 2020: $102,369Liabilities 2020: $457Net Assets 2020: $101,9122020Assets 2021: $118,269Liabilities 2021: $3,817Net Assets 2021: $114,4522021Assets 2022: $112,406Liabilities 2022: $36,690Net Assets 2022: $75,7162022Assets 2023: $80,980Liabilities 2023: $10,199Net Assets 2023: $70,7812023Assets 2024: $57,776Liabilities 2024: $9,197Net Assets 2024: $48,5792024

Highlighted filing

2023

Assets$80,980
Liabilities$10,199
Net Assets$70,781

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $76,290Expenses 2012: $68,546Net Income 2012: $7,7442012Revenue 2014: $116,614Expenses 2014: $124,474Net Income 2014: -$7,8602014Revenue 2015: $88,057Expenses 2015: $76,690Net Income 2015: $11,3672015Revenue 2016: $75,815Expenses 2016: $76,621Net Income 2016: -$8062016Revenue 2017: $77,851Expenses 2017: $80,340Net Income 2017: -$2,4892017Revenue 2018: $123,407Expenses 2018: $118,153Net Income 2018: $5,2542018Revenue 2019: $125,851Expenses 2019: $78,382Net Income 2019: $47,4692019Revenue 2020: $135,418Expenses 2020: $106,279Net Income 2020: $29,1392020Revenue 2021: $123,996Expenses 2021: $111,456Net Income 2021: $12,5402021Revenue 2022: $154,317Expenses 2022: $193,053Net Income 2022: -$38,7362022Revenue 2023: $214,661Expenses 2023: $219,596Net Income 2023: -$4,9352023Revenue 2024: $163,892Expenses 2024: $186,094Net Income 2024: -$22,2022024

Highlighted filing

2023

Revenue$214,661
Expenses$219,596
Net Income-$4,935
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 11, 2024
Return Version
2023v5.0
Gross Receipts
$214,661
Mission and Program Overview

Mission

To protect, restore and conserve water resources in the Hudson River Watershed.

To unite and empower communities to protect our shared waters. We work across the hudson river watershed to support watershed groups, help communities work together on water issues, and communicate as a collective voice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$16,026$46,530▲ $30,504
Cash and Non-Interest-Bearing Accounts$18,086$17,035▼ $1,051
Accounts Receivable$77,694$16,565▼ $61,129
Total Assets$112,406$80,980▼ $31,426
Other Assets Total$600$850▲ $250
Liabilities
Accounts Payable and Accrued Expenses$36,690$10,199▼ $26,491
Total Liabilities$36,690$10,199▼ $26,491
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$75,716$70,781▼ $4,935
Total Net Assets Fund Balance$75,716$70,781▼ $4,935
Total Liabilities and Net Assets / Fund Balance$112,406$80,980▼ $31,426
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$177,395
Program Service Revenue
$24,763
Investment Income
$4
Other Revenue
$12,499
All Other Contributions
$118,309
Change in Net Assets
$-4,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$143,407
Other Expenses$76,189
Total Fundraising Expense$3,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,512$46,341-$115,853
Fees for Services Other$27,886--$27,886
Conferences and Meetings$23,993--$23,993
Other Employee Benefits$10,097$6,731-$16,828
Payroll Taxes$6,436$4,290-$10,726
Office Expenses-$5,989-$5,989
Fees for Services Accounting-$5,650-$5,650
Insurance-$1,674-$1,674
All Other Expenses--$1,108$1,108
Other Expenses-$3,504$580$580
Total Functional Expenses$137,924$78,004$3,668$219,596
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,680
Professional Fundraising Fees$0
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
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
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 11B

The form 990 is reviewed first by the executive director and treasurer, along with members of the executive committee and finance committee. A complete copy of the form 990 is provided electronically to all board members prior to filing the form.

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

The organization has a conflict of interest policy that covers the board of directors. Each director completes a conflict of interest form annually. This form is prepared by the board secretary and reviewed by the board president. If any director has a material interest in any proposed or existing arrangement with the hudson river watershed alliance over the course of the year, they will promptly disclose this to the board president prior to the start of any negotiations. The president of the board shall refer the issue to the full board, the executive committee, or other board committee having decision-making authority over the substantive matter in question. The board or committee will investigate and address any conflicts of interest related to the board of directors. The board meeting minutes shall reflect the names of the directors who disclosed or otherwise were found to have a material interest in a proposed or existing arrangement of the alliance, the nature of the interest, and the extent of the director's participation in the relevant board or committee meeting on matters related to the material interest. The director who discloses an interest in a proposed or existing arrangement may make a presentation and respond to questions by the board or committee, but after such presentation, he or she shall leave the meeting during the discussion of, and vote on, the arrangement that results in the conflict of interest. As part of any such presentation, the director shall provide to the board of committee any reasons why the arrangement might be or not be in the best interest of the alliance. In no case shall the director attempt to otherwise influence the deliberation or voting on the matter giving rise to a conflict.

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

The organization's executive committee leads the process for determining compensation for the executive director. They used the consumer price index number for the new york metropolitan area to establish the annual cost of living adjustment, and conduct an annual performance review of the executive director. The executive committee's deliberation and decision- making process were documented and shared with the executive director and the board of directors. This process was last undertaken in 2023.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Hudson River Watershed
EIN
45-2772407
Phone
8452243252
Address
PO BOX 1734, KINGSTON, NY 12402

Signing Officer

Name
Emily Svenson
Title
Vice President
Phone
8452243252
Signed
2024-04-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Svenson
Formed
2010
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
2

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Amy M Pedrick
Phone
5187257127
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To unite and empower communities to protect our shared waters. We work across the hudson river watershed to support watershed groups, help communities work together on water issues, and communicate as a collective voice.

Form 990, Part IX, Line 11G

Contract assistance 2,278 0 0 watershed characterization 25,608 0 0 total 27,886 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PYTotalProfFndrsngExpnsAmt034361
IRS990/PYTotalRevenueAmt0154317
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0125851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0677085
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125605
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0125851
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0677085
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO UNITE AND EMPOWER COMMUNITIES TO PROTECT OUR SHARED WATERS. WE WORK ACROSS THE HUDSON RIVER WATERSHED TO SUPPORT WATERSHED GROUPS, HELP COMMUNITIES WORK TOGETHER ON WATER ISSUES, AND COMMUNICATE AS A COLLECTIVE VOICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED FIRST BY THE EXECUTIVE DIRECTOR AND TREASURER, ALONG WITH MEMBERS OF THE EXECUTIVE COMMITTEE AND FINANCE COMMITTEE. A COMPLETE COPY OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS THE BOARD OF DIRECTORS. EACH DIRECTOR COMPLETES A CONFLICT OF INTEREST FORM ANNUALLY. THIS FORM IS PREPARED BY THE BOARD SECRETARY AND REVIEWED BY THE BOARD PRESIDENT. IF ANY DIRECTOR HAS A MATERIAL INTEREST IN ANY PROPOSED OR EXISTING ARRANGEMENT WITH THE HUDSON RIVER WATERSHED ALLIANCE OVER THE COURSE OF THE YEAR, THEY WILL PROMPTLY DISCLOSE THIS TO THE BOARD PRESIDENT PRIOR TO THE START OF ANY NEGOTIATIONS. THE PRESIDENT OF THE BOARD SHALL REFER THE ISSUE TO THE FULL BOARD, THE EXECUTIVE COMMITTEE, OR OTHER BOARD COMMITTEE HAVING DECISION-MAKING AUTHORITY OVER THE SUBSTANTIVE MATTER IN QUESTION. THE BOARD OR COMMITTEE WILL INVESTIGATE AND ADDRESS ANY CONFLICTS OF INTEREST RELATED TO THE BOARD OF DIRECTORS. THE BOARD MEETING MINUTES SHALL REFLECT THE NAMES OF THE DIRECTORS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A MATERIAL INTEREST IN A PROPOSED OR EXISTING ARRANGEMENT OF THE ALLIANCE, THE NATURE OF THE INTEREST, AND THE EXTENT OF THE DIRECTOR'S PARTICIPATION IN THE RELEVANT BOARD OR COMMITTEE MEETING ON MATTERS RELATED TO THE MATERIAL INTEREST. THE DIRECTOR WHO DISCLOSES AN INTEREST IN A PROPOSED OR EXISTING ARRANGEMENT MAY MAKE A PRESENTATION AND RESPOND TO QUESTIONS BY THE BOARD OR COMMITTEE, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. AS PART OF ANY SUCH PRESENTATION, THE DIRECTOR SHALL PROVIDE TO THE BOARD OF COMMITTEE ANY REASONS WHY THE ARRANGEMENT MIGHT BE OR NOT BE IN THE BEST INTEREST OF THE ALLIANCE. IN NO CASE SHALL THE DIRECTOR ATTEMPT TO OTHERWISE INFLUENCE THE DELIBERATION OR VOTING ON THE MATTER GIVING RISE TO A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S EXECUTIVE COMMITTEE LEADS THE PROCESS FOR DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR. THEY USED THE CONSUMER PRICE INDEX NUMBER FOR THE NEW YORK METROPOLITAN AREA TO ESTABLISH THE ANNUAL COST OF LIVING ADJUSTMENT, AND CONDUCT AN ANNUAL PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE'S DELIBERATION AND DECISION- MAKING PROCESS WERE DOCUMENTED AND SHARED WITH THE EXECUTIVE DIRECTOR AND THE BOARD OF DIRECTORS. THIS PROCESS WAS LAST UNDERTAKEN IN 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT ASSISTANCE 2,278 0 0 WATERSHED CHARACTERIZATION 25,608 0 0 TOTAL 27,886 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0HTTPS://HUDSONWATERSHED.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EMILY SVENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08452243252
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HUDSON RIVER WATERSHED
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALLIANCE INC
ReturnHeader/Filer/BusinessNameControlTxt0HUDS
ReturnHeader/Filer/EIN0452772407
ReturnHeader/Filer/PhoneNum08452243252
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1734
ReturnHeader/Filer/USAddress/CityNm0KINGSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012402
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141662664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEST & COMPANY CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLOVERSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0120780354
ReturnHeader/PreparerPersonGrp/PhoneNum05187257127
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY M PEDRICK
ReturnHeader/ReturnTs02024-11-01T14:08:05-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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