Fund for a Better Waterfront Inc
Nonprofit profile at a glance
- EIN
- 223114546
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Hoboken, NJ, USA
- Phone
- 2016598965
- Rating confidence
- Limited
Reported finances
- Revenue
- $92,577
- Expenses
- $102,822
- Assets
- $29,279
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- DAVID WHITE (Vice President)
People named in this filing
- KATHRYN VALENTA (Chairman)
- JANINE BERGER (Trustee)
- NICHOLAS BORG (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Charitable
What it reported doing in 2025
Completing the waterfront park: FBW has advocated for the City of Hoboken to acquire the Union Dry Dock property to complete one of the final links in the continuous public park along the Hudson River. Access to the waterfront benefits thousands of people to enjoy the public open space in many different ways.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -11.1%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 52.9%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 31.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 20.9% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Officer compensation ratio scored 3/100.