Civic Intelligence

Bronx River Alliance Inc.

990 • Fiscal year 2018 • EIN 75-3001587

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

1 Bronx River ParkwayBronx, NY 10462

(718) 430-4665

Siviq Scores

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

Liabilities / Assets

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

60th percentile

0.10x

Higher debt load relative to revenue than 60% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-25%

Higher net margin than 8% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$95,181

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2018 filings • NTEE C • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-12%

Faster asset growth than 12% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,532,365

Down $216,164 (-12%) from 2017

Net Assets

Down

$1,431,781

Down $251,928 (-15%) from 2017

Liabilities

Up

$100,584

Up $35,764 (+55%) from 2017

Revenue

Up

$1,026,769

Up $101,436 (+11%) from 2017

Expenses

Up

$1,278,697

Up $359,064 (+39%) from 2017

Net Income

Down

-$251,928

Down $257,628 (-4520%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,175,884Liabilities 2011: $48,875Net Assets 2011: $1,127,0092011Assets 2012: $1,429,383Liabilities 2012: $100,556Net Assets 2012: $1,328,8272012Assets 2013: $1,349,179Liabilities 2013: $95,543Net Assets 2013: $1,253,6362013Assets 2014: $1,288,523Liabilities 2014: $76,510Net Assets 2014: $1,212,0132014Assets 2015: $1,148,086Liabilities 2015: $58,245Net Assets 2015: $1,089,8412015Assets 2016: $1,825,536Liabilities 2016: $147,527Net Assets 2016: $1,678,0092016Assets 2017: $1,748,529Liabilities 2017: $64,820Net Assets 2017: $1,683,7092017Assets 2018: $1,532,365Liabilities 2018: $100,584Net Assets 2018: $1,431,7812018Assets 2019: $1,426,567Liabilities 2019: $106,616Net Assets 2019: $1,319,9512019Assets 2020: $1,572,785Liabilities 2020: $93,929Net Assets 2020: $1,478,8562020Assets 2021: $1,741,591Liabilities 2021: $101,430Net Assets 2021: $1,640,1612021Assets 2022: $2,021,349Liabilities 2022: $174,362Net Assets 2022: $1,846,9872022Assets 2023: $1,878,301Liabilities 2023: $188,464Net Assets 2023: $1,689,8372023Assets 2024: $1,658,852Liabilities 2024: $166,068Net Assets 2024: $1,492,7842024

Highlighted filing

2018

Assets$1,532,365
Liabilities$100,584
Net Assets$1,431,781

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $858,6952011Expenses 2012: $838,3842012Revenue 2013: $927,165Expenses 2013: $1,002,356Net Income 2013: -$75,1912013Revenue 2014: $851,890Expenses 2014: $893,513Net Income 2014: -$41,6232014Revenue 2015: $758,452Expenses 2015: $880,624Net Income 2015: -$122,1722015Revenue 2016: $1,520,210Expenses 2016: $932,042Net Income 2016: $588,1682016Revenue 2017: $925,333Expenses 2017: $919,633Net Income 2017: $5,7002017Revenue 2018: $1,026,769Expenses 2018: $1,278,697Net Income 2018: -$251,9282018Revenue 2019: $802,505Expenses 2019: $914,335Net Income 2019: -$111,8302019Revenue 2020: $1,133,380Expenses 2020: $974,475Net Income 2020: $158,9052020Revenue 2021: $1,231,886Expenses 2021: $1,070,581Net Income 2021: $161,3052021Revenue 2022: $1,685,082Expenses 2022: $1,454,098Net Income 2022: $230,9842022Revenue 2023: $1,760,737Expenses 2023: $1,950,688Net Income 2023: -$189,9512023Revenue 2024: $1,981,009Expenses 2024: $2,161,322Net Income 2024: -$180,3132024

Highlighted filing

2018

Revenue$1,026,769
Expenses$1,278,697
Net Income-$251,928
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$1,045,329
Mission and Program Overview

Mission

Bronx River Alliance, Inc. serves as a coordinated voice for the river and works in harmonious partnership to protect, improve and restore the Bronx River corridor and greenway so that they can be healthy ecological, recreational, educational and economic resources for the communities through which the river flows.

Bronx River Alliance, Inc. serves as a coordinated voice for the river and works in harmonious partnership to protect, improve and restore the Bronx River corridor and greenway.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$768,972$843,940▲ $74,968
Pledges and Grants Receivable$598,970$577,782▼ $21,188
Cash and Non-Interest-Bearing Accounts$370,469$95,641▼ $274,828
Prepaid Expenses and Deferred Charges$10,118$15,002▲ $4,884
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,748,529$1,532,365▼ $216,164
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$59,542$94,136▲ $34,594
Deferred Revenue$5,278$6,448▲ $1,170
Total Liabilities$64,820$100,584▲ $35,764
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,068,418$782,599▼ $285,819
Unrestricted Net Assets$615,291$649,182▲ $33,891
Total Net Assets Fund Balance$1,683,709$1,431,781▼ $251,928
Total Liabilities and Net Assets / Fund Balance$1,748,529$1,532,365▼ $216,164

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,630-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Maggie GreenfieldExecutive DirectorFT$95,181$95,181

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$996,748
Program Service Revenue
$0
Investment Income
$9,440
Other Revenue
$20,581
All Other Contributions
$624,864
Change in Net Assets
$-251,928

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,026,769
Revenue Not Reported on Form 990
$564,145
Total Revenue per Audited Statements
$1,590,914
Total Revenue per Form 990
$1,026,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$756,123
Other Expenses$522,574
Total Fundraising Expense$144,839
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$440,053$49,672$93,892$583,617
Fees for Services Other$51,979$90,891$4,497$147,367
Other Employee Benefits$95,896$8,960$16,937$121,793
Payroll Taxes$30,207$3,566$6,953$40,726
Insurance$13,386$2,133$1,580$17,099
Office Expenses$6,437$1,657$5,610$13,704
Pension Plan Contributions$7,408$874$1,705$9,987
Other Expenses$193$10$11$214
Total Functional Expenses$975,626$158,232$144,839$1,278,697

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,842,842
Expenses per Audited Statements$1,278,697
Total Expenses per Form 990$1,278,697
Expenses Not Reported on Form 990$564,145
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,560
Fundraising Gross Income$18,560
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soiree$107,734$18,560$18,560$0
Other Events$13,823---
Total Events$121,557$18,560$18,560-
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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, Part VI, Line 11B: Form 990 Review Process

Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each Board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. The Executive Director retains these documents.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director is an employee of the City of New York Parks & Recreation Department. The Board reviews her compensation.

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

Organizational documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Bronx River Alliance Inc
EIN
75-3001587
Phone
7184304665
Address
1 Bronx River Parkway, Bronx, NY 10462

Signing Officer

Name
Maggie Greenfield
Title
Executive Director
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maggie Greenfield
Formed
2001
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
23
Volunteers
1,321

Preparer

Firm
Schall & Ashenfarb Cpas
Address
307 5th Ave 15th Floor, NEW YORK, NY 10016-6517
Preparer
Michael Schall
Phone
2122682800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: The Outreach Program - The Alliances Outreach Program draws thousands of people to the river every year through public events, including the Amazing Bronx River Flotilla and the International Coastal Clean-up, and dozens of other activities including volunteer-led walks, clean-ups, restoration projects, movie nights and performing arts programs. Alliance staff engage community-based organizations, institutions and neighborhood ambassadors to take ownership of a section along the Bronx River. These events, together with recreational programming, provide opportunities for all New Yorkers to discoverand care forthe unique slice of nature that flows through the heart of the Bronx.

Form 990, Part I Line 19

The change in net assets of $251,928 was due to a release of restricted grant of $280,000 for the purchase of solar panels. Without this transaction, there would have been a surplus of $28,072.

Form 990, Part III, Line 1 - Organizational Mission

Bronx River Alliance, Inc. serves as a coordinated voice for the river and works in harmonious partnership to protect, improve & restore the Bronx River corridor and greenway, so that they can be healthy ecological, recreational, educational and economic resources for the communities through which it flows.

Form 990, Part III, Line 4A - Program Service Accomplishment

The Ecological Restoration and Management Program protects, restores and manages the Bronx River through field work and policy leadership. Guided by a Ecology Team, comprised of scientists, community and agency representatives, the Ecology Program tackles the most pressing ecological issues that affect the river corridor. The Bronx River Conservation Crew has a full-time presence on the river, implementing and maintaining our river and upland restoration projects. The Crew is locally-recruited, with an emphasis on creating job opportunities for Bronx residents, who in turn expose hundreds of youth each year to green career paths in their own neighborhoods. To date, our Crew and volunteers have planted over 108,000 trees, shrubs and other native plants and removed over 633 tons of garbage; supported oyster and fish reintroduction projects; added and maintained rain gardens and rain barrels; and, through year-round work blockage and litter removal, has kept the river clean and accessible to tens of thousands of paddlers.

Form 990, Part III, Line 4C - Program Service Accomplishment

The Greenway Program develops open spaces, restores existing parks and integrates them into a series of continuous parks and trails along the riverthe Bronx River Greenway. When complete, the greenway will form a 23-mile ribbon of parkland along the river from the Kensico Reservoir to the East River, opening up a healthy corridor for walking, biking and running in communities that desperately need access to open space. The Alliance is uniquely structured to create common ground between government agencies and community-based organizations to develop the greenway. The Greenway Team brings together community advocates, non-profit leaders, and government agencies to interact, coordinate and move projects forward, as well as raise capital funds. To date, over $220 million had been committed to greenway projects. Nearly 20 miles are now in place, with new parks and trails opening every year. In 2016, the Bronx River Alliance coordinated the allocation of $15,450,000 to NYC Parks for Bronx River Greenway projects.

Financial Statement Notes

Part X : FIN48 Footnote

The Alliance does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending December 31, 2015 and later are subject to examination by applicable taxing authorities.

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IRS990/PrincipalOfficerNm0Maggie Greenfield
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Education & Recreation Program - From eel surveys to water quality monitoring, the Bronx River is a rich learning laboratory. The Alliances Education Program provides hands-on, outdoor learning opportunities for thousands of students and educators in one of the most urban and under-resourced neighborhoods in the country through three programs: Bronx River Classroom, the Bronx River Stewards Citizen Science Program, and our Wade into the Bronx River series, which includes free lectures, walks and workshops on educational topics related to the river. In addition, our Recreation Program guides thousands of New Yorkers each year on interpretive paddling adventures on the river.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Greenway Program develops open spaces, restores existing parks and integrates them into a series of continuous parks and trails along the riverthe Bronx River Greenway. When complete, the greenway will form a 23-mile ribbon of parkland along the river from the Kensico Reservoir to the East River, opening up a healthy corridor for walking, biking and running in communities that desperately need access to open space. The Alliance is uniquely structured to create common ground between government agencies and community-based organizations to develop the greenway. The Greenway Team brings together community advocates, non-profit leaders, and government agencies to interact, coordinate and move projects forward, as well as raise capital funds. To date, over $220 million had been committed to greenway projects. See complete program service accomplishment description on Schedule O.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$0.17$1.49$1.98$2.16$0.18
2023Detailed filing. Detailed filing data is available for this year.$1.88$0.19$1.69$1.76$1.95$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.17$1.85$1.69$1.45$0.23
2021Detailed filing. Detailed filing data is available for this year.$1.74$0.10$1.64$1.23$1.07$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.09$1.48$1.13$0.97$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.43$0.11$1.32$0.80$0.91$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.53$0.10$1.43$1.03$1.28$0.25
2017Detailed filing. Detailed filing data is available for this year.$1.75$0.06$1.68$0.93$0.92$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.83$0.15$1.68$1.52$0.93$0.59
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.06$1.09$0.76$0.88$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.08$1.21$0.85$0.89$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.35$0.10$1.25$0.93$1.00$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.10$1.33$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.05$1.13$0.86