New york harbor foundation, DBA Billion Oyster Project restores Oyster reefs to new york harbor through public education initiatives.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$476K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.2M a year · 17% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$476K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $142K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$408K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.0M
+6% vs prior year
Spent
$5.0M
To programs
73%
Net assets
$2.9M
By yearFY2020–FY2025
Revenue
$5.0M
FY2022▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.3M
FY2021$4.7M
FY2022$5.0M
FY2023$8.3M
FY2024$7.0M
FY2025$12.9M
Expenses
$5.0M
FY2022▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.8M
FY2021$4.1M
FY2022$5.0M
FY2023$6.2M
FY2024$7.0M
FY2025$8.9M
Net assets
$2.9M
FY2022+0.3%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.2M
FY2021$2.9M
FY2022$2.9M
FY2023$5.0M
FY2024$5.0M
FY2025$9.0M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $3.6M Management & general 10% · $481K Fundraising 17% · $840K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

30 people listed on the 990; $476K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$160,976Pt VII · Sec A
Director Programs
$111,132Pt VII · Sec A
Director of Finance & Operations
$102,248Pt VII · Sec A
Director of Education
$101,928Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Peter Malinowski’s $219K as President and CEO is at the 44th percentile of top reported officer pay among 3683 $10–100M education 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Peter Malinowski$219,053$189,573$170,205$160,976$151,632$149,021
Brian Reagor$138,394$127,167$113,723———
Kathleen Mosher-Smith$127,554$130,488$115,882$111,132——
Maria Victoria Maronilla$115,769$122,270$105,566$102,248——
Madeline N Wachtel————$120,750—
Ann Fraioli$103,159$109,103$105,440$101,928——
Robina Taliaferrow$103,574—————
Kathleen Mosher————$100,932—

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Restores oyster reefs to New York Harbor through public education.

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3 programs · $3.6M · in their own filed words · FY2021
01

Billion oyster project co-creates oyster reef habitat through interdisciplinary partnerships and hands-on collaboration with new yorkers. Restoration program services include (I) building structures for oyster restoration by engaging technical, educational and volunteer networks; (ii) restoring oysters to new york harbor through…

$2.0Mprogram expense
02

Billion oyster project builds a community of schools and teachers who use and contribute to bop's field-based curriculum to enrich students' educational experience. Education program services include (I) publishing free, field-based curricula written for public school teachers through the lens of oyster restoration; (ii) providing…

$1.1Mprogram expense
03

Billion oyster project fosters stewardship of new york harbor's urban estuary through community-focused environmental actions. Community engagement program services include (I) providing opportunities for volunteer to create materials for restoration during public and corporate days of service; (ii) developing place-based learning…

$569Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Afognak FundFY2025$40K
Lrw FundFY2025$5K
Total grants receivedfrom 6 funders$142K
See all 6 funders →
Grants paid · 5 grants · $205K · 2021–2024
Unitemized GrantFY2024$17,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$5.0M
Ln 12
Gifts and grantsLn 1h$4.5M
Fees for servicesLn 2g$534K
Investment incomeLn 3$5K
Money outPt IX
$5.0M
Ln 25
Programscol B$3.6M
Managementcol C$481K
Fundraisingcol D$840K
Owns and owesPt X
$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$3.3M
LiabilitiesLn 26$408K
PeoplePt VI, VII
30
listed · VII A
PaidVII A4
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.5M
Government grantsLn 1e$929K
Noncash giftsLn 1g$194K
Fundraising eventsLn 1c$416K
Fees for servicesLn 2g$534K
Investment incomeLn 3$5K
Gains on assetsLn 7$4K
Total revenueLn 12$5.0M
Assets in detailPt X, end of year
CashLn 1$238K
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$33K
Land, buildings, equipmentLn 10c$575K
Total assetsLn 16$3.3M
LiabilitiesLn 26$408K
Net assetsLn 32$2.9M
OperationsPt I, VI
EmployeesI 539
VolunteersI 6740
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.9M$2.1M
InvestmentsLn 11–13$40K$33K
Land, buildings, equipmentLn 10c$580K$575K
Total assetsLn 16$3.2M$3.3M
LiabilitiesLn 26$334K$408K
Net assetsLn 32$2.9M$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$54K$54K
Pay of current officers, directors and key staffLn 5$197K$139K$19K$38K
Other salaries and wagesLn 7$2.3M$1.6M$225K$434K
Other employee benefitsLn 9$488K$334K$45K$108K
Payroll taxesLn 10$197K$135K$18K$44K
Accounting feesLn 11c$76K$76K
Lobbying feesLn 11d$8K$8K
Investment management feesLn 11f$15$15
Other fees for servicesLn 11g$687K$659K$16K$12K
Office expensesLn 13$162K$7K$2K$153K
TravelLn 17$92K$44K$13K$35K
Depreciation, depletion and amortizationLn 22$42K$42K
InsuranceLn 23$60K$36K$24K
Other expenses (24a–d)Ln 24$602K$552K$34K$15K
Total functional expensesLn 25$5.0M$3.6M$481K$840K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.9M$8.9M$4.0M$9.0M 990 PDF
FY2024 $7.0M$7.0M−$304$5.0M 990 PDF
FY2023 $8.3M$6.2M$2.1M$5.0M 990 PDF
FY2022 Viewing $5.0M$5.0M$16K$2.9M 990 PDF
FY2021 $4.7M$4.1M$609K$2.9M 990 PDF
FY2020 $4.3M$3.8M$471K$2.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $4,973,727 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,503,306$4,534,214
I-9 Program service revenuePrior year $168,344$533,524
I-10 Investment incomePrior year $1,573$4,874
I-11 Other revenuePrior year $9,918−$98,885
I-12 Total revenuePrior year $4,683,141$4,973,727
I-13 Grants and similar amounts paidPrior year $3,000$53,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,813,537$3,176,076
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,257,739$1,728,488
I-18 Total expensesPrior year $4,074,276$4,958,064
I-19 Revenue less expensesPrior year $608,865$15,663
Part VI · Governance 20 of 20 board members independent, 1 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,973,727 across 11 lines filed
VIII-1c Fundraising events$416,044
VIII-1e Government grants$928,955
VIII-1f All other contributions, gifts and grants$3,189,215
VIII-1g Noncash contributions (included above)$194,197
VIII-1h Total contributions, gifts and grants$4,534,214
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $533,524$533,524
VIII-3 Investment incomeExcluded from tax $821$821
VIII-7 Net gain or loss on sales of assetsExcluded from tax $4,053$4,053
VIII-8 Net income from fundraising eventsExcluded from tax −$105,832−$105,832
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $6,947$6,947
VIII-12 Total revenueRelated to mission $533,524 · Unrelated business $0 · Excluded from tax −$94,011$4,973,727
Part IX · Statement of functional expenses $4,958,064 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $53,500$53,500
IX-5 Pay of current officers, directors and key staffPrograms $139,428 · Management $19,158 · Fundraising $38,247$196,833
IX-7 Other salaries and wagesPrograms $1,635,472 · Management $225,287 · Fundraising $433,704$2,294,463
IX-9 Other employee benefitsPrograms $334,079 · Management $45,262 · Fundraising $108,498$487,839
IX-10 Payroll taxesPrograms $134,868 · Management $18,272 · Fundraising $43,801$196,941
IX-11c Accounting feesManagement $75,576$75,576
IX-11d Lobbying feesManagement $7,800$7,800
IX-11f Investment management feesManagement $15$15
IX-11g Other fees for servicesPrograms $658,626 · Management $15,871 · Fundraising $12,379$686,876
IX-13 Office expensesPrograms $6,967 · Management $2,466 · Fundraising $152,623$162,056
IX-17 TravelPrograms $43,766 · Management $13,140 · Fundraising $35,089$91,995
IX-22 Depreciation, depletion and amortizationPrograms $42,425$42,425
IX-23 InsurancePrograms $35,858 · Management $24,303$60,161
IX-24 Other expenses (24a–d)Programs $552,029 · Management $34,073 · Fundraising $15,482$601,584
IX-25 Total functional expensesPrograms $3,637,018 · Management $481,223 · Fundraising $839,823$4,958,064
Part X · Balance sheet $3,279,884 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $181,082$237,785
X-2 Savings and temporary cash investmentsStart of year $1,684,881$1,826,708
X-3 Pledges and grants receivableStart of year $659,704$551,653
X-9 Prepaid expenses and deferred chargesStart of year $51,713$55,624
X-10c Land, buildings and equipment, netStart of year $579,814$575,098
X-11 Publicly traded securitiesStart of year $39,664$33,016
X-16 Total assetsStart of year $3,196,858$3,279,884
X-17 Accounts payable and accrued expensesStart of year $122,918$306,590
X-19 Deferred revenueStart of year $210,926$101,265
X-26 Total liabilitiesStart of year $333,844$407,855
X-27 Net assets without donor restrictionsStart of year $1,929,408$2,387,036
X-28 Net assets with donor restrictionsStart of year $933,606$484,993
X-32 Total net assets or fund balancesStart of year $2,863,014$2,872,029
X-33 Total liabilities and net assetsStart of year $3,196,858$3,279,884
Part XI · Reconciliation of net assets $2,872,029 net assets at year end
XI-1 Total revenue$4,973,727
XI-2 Total expenses$4,958,064
XI-3 Revenue less expenses$15,663
XI-4 Net assets at start of year$2,863,014
XI-5 Net unrealized gains (losses) on investments−$6,648
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,872,029

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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