THE RIVER FUND NEW YORK INC

EIN: 113450363 501(c)(3) Human Services

RICHMOND HILL, NY

Total Revenue
$11,386,005
Total Expenses
$10,890,588
Total Assets
$5,162,279
Net Assets
$5,139,245
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Principal Officer
DURGA DAS
Phone
7184411125
Tax Period
2024-04-01 to 2025-03-31

THE RIVER FUND NEW YORK INC, founded in 1998, is a mid-sized nonprofit in the Human Services sector that reported $11.4M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $10.9M left a modest 4% surplus.

Mission

THE MISSION OF THE RIVER FUND NEW YORK, INC. IS TO EMPOWER THOSE WE SERVE TO MOVE BEYOND THE LINE OF POVERTY. BREAKING THE MULTIGENERATIONAL CYCLE OF POVERTY IS ACCOMPLISHED BY PROVIDING ONE OF THE LARGEST FOOD PANTRIES IN THE BOROUGH OF QUEENS, COMPLEMENTED BY A WIDE ARRAY OF SOCIAL SERVICES AND EDUCATIONAL PROGRAMMING TO STABILIZE HOUSEHOLDS CURRENTLY IN POVERTY, DIRECTING OUR EFFORTS TOWARDS THE COMMUNITY'S YOUTH TO EMPOWER THEM TO SEIZE EVERY OPPORTUNITY FOR ADVANCING THEMSELVES AND THEIR FAMILIES.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,437,225
Program Service Revenue $0
Investment Income $116,516
Other Revenue $-167,736
TOTAL REVENUE $11,386,005

Expense Breakdown

Grants Paid $8,846,506
Salaries & Benefits $1,154,699
Fundraising Expenses $76,985
Program Expenses $10,383,458
Other Expenses $889,383
TOTAL EXPENSES $10,890,588

Year-over-Year Comparison

2024 2023 Change
Revenue $11,386,005 $12,060,523 -0.1%
Expenses $10,890,588 $9,905,049 +0.1%
Net Income $495,417 $2,155,474 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
16
Employees
16
Volunteers
483

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
2
$148,487
Total Directors
17
$100,487
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH M STEEL BOARD MEMBER 1.00
Director
$0 $0 $0
TIMOTHY REILLY BOARD MEMBER 1.00
Director
$0 $0 $0
HAROLD FORD JR BOARD MEMBER 1.00
Director
$0 $0 $0
DANIELLE BERNSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
RICCARDO BENEDETTI BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM DONEGER BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN GOLDEN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN PETERSEN BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK L DALY BOARD MEMBER 1.00
Director
$0 $0 $0
DOUGLAS M WURTZ BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT S POTTS TREASURER 1.00
Director
$0 $0 $0
MICHAEL TIEDEMANN CHAIRMAN 1.00
Director
$0 $0 $0
MELISSA WOOD-TEPPERBERG BOARD MEMBER 1.00
Director
$0 $0 $0
SWAMI DURGA DAS CEO 60.00
Officer Director
$96,750 $3,737 $100,487
MAIA JAMES SECRETARY 1.00
Director
$0 $0 $0
MEGAN WALSH SHAOUL BOARD MEMBER 1.00
Director
$0 $0 $0
SARA SILVERSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY B NEARMAN CFO 8.00
Officer
$48,000 $0 $48,000
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 $11,386,005 $10,890,588 $5,162,279 $495,417
2024 $12,060,523 $9,905,049 $5,719,461 $2,155,474
2023 $7,922,206 $8,164,943 $4,363,639 $-242,737
2022 $9,106,932 $8,139,909 $4,726,214 $967,023
2021 $17,574,228 $14,843,879 $4,085,859 $2,730,349
2020 $5,225,566 $5,732,479 $1,700,572 $-506,913
2019 $6,039,166 $5,853,689 $1,914,989 $185,477
2018 $5,143,730 $5,430,612 $1,773,560 $-286,882
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