PAWTUXET RIVER AUTHORITY (EIN 050404245) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

ROBERT NERO

Phone

4016157039

Tax Period

2024-07-01 to 2025-06-30

PAWTUXET RIVER AUTHORITY, founded in 1972, is a small nonprofit that reported $152K in total revenue in fiscal year 2024. Revenue surged 187% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 25% operating margin.

Mission

THE MISSION OF THE PAWTUXET RIVER AUTHORITY IS TO PROTECT AND IMPROVE THE PAWTUXET RIVER AND ITS WATERSHED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $135,191

Program Service Revenue $0

Investment Income $77

Other Revenue $16,379

TOTAL REVENUE $151,647

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,104

Other Expenses $114,432

TOTAL EXPENSES $114,432

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,647	$52,811	+1.9%
Expenses	$114,432	$6,988	+15.4%
Net Income	$37,215	$45,823	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT NERO	PRESIDENT	30.00	Officer Director	$0	$0	$0
GEORGE KUZMOWYCZ	BOARD MEMBER	6.00	Director	$0	$0	$0
ROBERT FLEURY	BOARD MEMBER	5.00	Director	$0	$0	$0
KATIE DEGOOSH-DIMARZIO	BOARD MEMBER	30.00	Director	$0	$0	$0
PAUL LOCKETT	BOARD MEMBER	10.00	Director	$0	$0	$0
ALICIA C NERO	BOARD MEMBER	20.00	Director	$0	$0	$0
MICHAEL BEDARD	BOARD MEMBER	5.00	Director	$0	$0	$0
ERIN WOODSIDE	BOARD MEMBER	15.00	Director	$0	$0	$0
JAMES SULLIVAN	BOARD MEMBER	15.00	Director	$0	$0	$0
MARC LEMOI	BOARD MEMBER	10.00	Director	$0	$0	$0
CARL SANTUCCI	BOARD MEMBER	5.00	Director	$0	$0	$0
JOHN GRAICHEN III	BOARD MEMBER	8.00	Director	$0	$0	$0
MATT JERZYK	BOARD MEMBER	10.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$151,647	$114,432	$4,411,249	$37,215
2024	$53,441	$43,138	$4,377,434	$10,303
2023	$44,299	$48,949	$4,363,730	$-4,650
2022	$38,245	$49,845	$4,368,844	$-11,600
2021	$44,435	$62,361	$4,380,444	$-17,926

PAWTUXET RIVER AUTHORITY