Civic Intelligence

Poughkeepsie Riverfront Partnership

990EZ • Fiscal year 2023 • EIN 92-1241524

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

2572 South Rd Unit 1696Poughkeepsie, NY 12601

(845) 863-9092

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

53rd percentile

7.9%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$2,200

No earlier filing loaded for comparison.

Net Assets

$2,113

No earlier filing loaded for comparison.

Liabilities

$87

No earlier filing loaded for comparison.

Revenue

$26,625

No earlier filing loaded for comparison.

Expenses

$24,512

No earlier filing loaded for comparison.

Net Income

$2,113

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0K$2.0K$1.0K$0Assets 2023: $2,200Liabilities 2023: $87Net Assets 2023: $2,1132023Assets 2024: $2,629Liabilities 2024: $0Net Assets 2024: $2,6292024

Highlighted filing

2023

Assets$2,200
Liabilities$87
Net Assets$2,113

Operations Trend

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

$40K$30K$20K$10K$0Revenue 2023: $26,625Expenses 2023: $24,512Net Income 2023: $2,1132023Revenue 2024: $31,611Expenses 2024: $31,095Net Income 2024: $5162024

Highlighted filing

2023

Revenue$26,625
Expenses$24,512
Net Income$2,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$26,625
Mission and Program Overview

Mission

To improve economic and environmental development of the city of poughkeepsie waterfront located in dutchess county, state of new york. Concentration will be on public access, water related recreational activities, compatible commercial businesses, and educational programs that serve the residents of poughkeepsie and dutchess county and to serve as an attraction for tourism.

Program Services

DescriptionGrantsExpenses
WEBSITE DEVELOPMENT, SOCIAL MEDIA SETUP AND OTHER STARTUP COSTS$0$24,296
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT PHILLIPSPresidentPT$0--
MARK VILLANTIVice PresidentPT$0--
PETER OLYMPIATreasurer-$0--
ELYSE JOYSecretary-$0--
ANTHONY SLADEBoard Member-$0--
DAVE PETROVITSBoard Member-$0--
DANA GAVINBoard Member-$0--
SARAH BRANNENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Poughkeepsie Riverfront Partnership Inc
EIN
92-1241524
Phone
8458639092
Address
2572 SOUTH RD UNIT 1696, POUGHKEEPSIE, NY 12601

Signing Officer

Name
Robert Phillips
Title
President
Phone
8458639092
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Bnthakkar CPA Pc
Address
80 WASHINGTON ST STE 400, POUGHKEEPSIE, NY 12601
Preparer
Bharat Thakkar CPA
Phone
8454711803
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank and payment proc fees. Amount: 75. Description: interest expense. Amount: 22. Description: advertising and marketing. Amount: 296. Total to form 990-ez, line 16: 393.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: cash reserve credit. Beg. Of year amount: 0. End of year amount: 87.

Raw XML Appendix170 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
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IRS990EZ/PrimaryExemptPurposeTxt0TO IMPROVE ECONOMIC AND ENVIRONMENTAL DEVELOPMENT OF THE CITY OF POUGHKEEPSIE WATERFRONT LOCATED IN DUTCHESS COUNTY, STATE OF NEW YORK. CONCENTRATION WILL BE ON PUBLIC ACCESS, WATER RELATED RECREATIONAL ACTIVITIES, COMPATIBLE COMMERCIAL BUSINESSES, AND EDUCATIONAL PROGRAMS THAT SERVE THE RESIDENTS OF POUGHKEEPSIE AND DUTCHESS COUNTY AND TO SERVE AS AN ATTRACTION FOR TOURISM.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A PART VI
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT PHILLIPS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08458639092
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POUGHKEEPSIE RIVERFRONT PARTNERSHIP INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O ROBERT PHILLIPS
ReturnHeader/Filer/BusinessNameControlTxt0POUG
ReturnHeader/Filer/EIN0921241524
ReturnHeader/Filer/PhoneNum08458639092
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
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ReturnHeader/ReturnTs02024-11-13T14:55:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-02-07
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings