Hudson River Sloop Clearwater Inc
Nonprofit profile at a glance
- EIN
- 146049022
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Beacon, NY, USA
- Phone
- 8452658080
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Environmental Education and Outdoor Survival Programs
Reported finances
- Revenue
- $1,600,023
- Expenses
- $1,626,739
- Assets
- $1,225,368
- Liabilities
- $400,417
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- SAMANTHA HEYMAN HICKS (PRESIDENT)
- ARTHUR JONES (VICE PRESIDENT)
- DAVID TOMAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- DAVID TOMAN (EXECUTIVE DIRECTOR): $93,951 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To preserve and protect the hudson river, its tributaries, and related bodies of water. As an organization, clearwater works to provide innovative environmental education programs, advocacy, and celebrations designed to expand people's experience, awareness, and stewardship of this magnificent natural resource.
What it reported doing in 2024
Education & sloop - activities: the sloop clearwater, "america's environmental flagship" for more than 54 years, serves as a floating classroom for children and adults, offering experiential and practical lessons about the history, science, ecology and social issues involved in the cleanup and preservation of the hudson river, as well as programs in environmental leadership. In addition, the physical vessel itself serves as a teaching tool in the maritime arts. Volunteers: volunteers help staff the sloop and teach at learning stations during sailing season.
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 33
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 66.5%; rating input score 66
- Fundraising efficiency: $5.5 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.7%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.75; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -6.4% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: -5.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 66.5% of spending went to programs
- Governance: 24 of 24 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $1.1M in reported program spending
- Leadership: top reported pay $94K · 21 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 11 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Fundraising efficiency scored 20/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.