Hackensack Riverkeeper INC EIN 22-3530496 Form 990 (PDF) Claim this org

Hackensack Riverkeeper INC FY2020 filing

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Protects and restores the Hackensack River watershed through advocacy, education, and cleanups. For fiscal year 2020 it reported $964K in revenue, $756K in expenses, and $860K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Hackensack, NJ
Website
www.hackensackriverkeeper.org
Filings
5 on file (2020–2020)
Revenue
$964KFY2020
Expenses
$756K
Net assets
$860K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  22-3530496 Public charity (501(c)(3)) Hackensack, NJ
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Protects and restores the Hackensack River watershed through advocacy, education, and cleanups.
Leadership
Captain William Sheehan · Executive Director · $83K
Money in and out
$964K revenue, $756K expenses
Bottom line
84% program efficiency
Where the money goes · FY2020
Total revenue
$964K
Pt VIII · Ln 12
Total expenses
$756K
Pt IX · Ln 25
Net assets
$860K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $208K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.08 Fundraising $0.08
Program efficiency
84%
of spending reaches programs
Operating runway
12.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$964K
FY2020
Expenses
$756K
FY2020
Total assets
$956K
FY2020
Total liabilities
$96K
FY2020
Total revenue
$964K
Pt VIII · Ln 12
Total expenses
$756K
Pt IX · Ln 25
Net assets
$860K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$208K
Total assetsPt X · Ln 16$956K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHackensack Riverkeeper INC
EINHdr · item D22-3530496
Principal addressHdr · item CHackensack, NJ
WebsiteHdr · item Jwww.hackensackriverkeeper.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C600)
Ruling yearIRS BMFDec 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$83,257Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Captain William Sheehan’s $79K as Executive Director is at the 61st percentile of top reported officer pay among 1989 $100K–1M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Captain William Sheehan$79,180$77,979$80,469$80,501$83,257

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $404K of program spending, described in the organization's own filed words · FY2020.
01

Paddlinghackensack riverkeeper operates two paddle centers on the hackensack river. Riverkeeper partners with bergen county parks and hudson county parks to provide access to the watershed. In addition, programs are coordinated with various urban cities, such as newark and bayonne.

$179Kprogram expense
02

Eco- Cruises

Hackensack riverkeeper takes over 2,513 adults and children out on theriver every year on our eco-cruises, our primary outreach program. FOR2 1/2 hours, passengers are treated to a different view of our areaalong with a narration that describes the wildlife, pollution, politicsand recovery of the river and meadowlands estuary.

$142Kprogram expense
03

Cleanupshackensack riverkeeper has an ambitious public and private corporate partner watershed clean-up program. Over 28,000LBS were removed last year through the efforts of volunteers and corporate partners. Plastics, tires, appliances and paper debris comprised of the bulk of the debris.

$83Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$479K · 50%
Other revenue$269K · 28%
Program service revenue$216K · 22%
Contributions & grants50%$479K
Other revenue28%$269K
Program service revenue22%$216K
Total revenueLn 12$964K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.08 Fundraising $0.08
Program services84%$633K
Management & general8%$60K
Fundraising8%$64K
Total functional expensesLn 25$756K

Balance Sheet

Part X · end of year
CashLn 1$570K
Total assetsLn 16$956K
Total liabilitiesLn 26$96K
Total net assetsLn 32$860K
Months of cash on handcomputed9.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $761K · Operating expenses/yr $756K
12.1 months
Where the money goes
Program services
Program services $633K · Total expenses $756K
84%
Management & General
Management & general $60K · Total expenses $756K
8%
Fundraising
Fundraising $64K · Total expenses $756K
8%
Cost to raise $1
Fundraising expense $64K · Solicited contributions $479K
$0.13 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $479K · Total revenue $964K
50%
Government reliance
Government grants — · Total revenue $964K
Earned-income share
Program service revenue $216K · Total revenue $964K
22%
Investment reliance
Investment income $-78K · Total revenue $964K
-8%
Program self-sufficiency
Program service revenue $216K · Total expenses $756K
29%
Growth & trend
Revenue growth (YoY)
This year $964K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $860K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $964K · Expenses $756K
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $956K
Net-asset ratio
Net assets $860K · Total assets $956K
90%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $191K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $956K
20%
People & payroll
Highest Reported Total Compensation
Individual Captain William Sheehan · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $83K · Total expenses $756K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $525K · Total expenses $756K
69%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 8%
Fundraising cost ratio 13%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$5K
Grants paid · 9 grants · $154K · 2022–2022
Victoria FoundationFY2022$45,000
Geraldine Dodge FoundationFY2022$35,000
John & Wendy Neu Family FoundationFY2022$15,000
Samsung Electronics AmericaFY2022$10,000
Atlantic Realty DevelopmentFY2022$10,000
Orange & Rockland UtilitiesFY2022$10,000
Inserralml SupermarketsFY2022$10,000
Veolia New JersyFY2022$10,000
Hackensack Merdian HealthFY2022$8,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$855K revenue · ⤓ 990 PDF
FY2023$848K revenue · ⤓ 990 PDF
FY2022$864K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$964K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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