Raritan Valley Rail Coalition Inc
Nonprofit profile at a glance
- EIN
- 223661440
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Somerville, NJ, USA
- Phone
- 9082317021
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Transportation Systems
Reported finances
- Revenue
- $2,000
- Expenses
- $1,051
- Assets
- $1,607
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- Bruce Bergen (Chairman)
- Peter S Palmer (Immediate Past Chairman)
- Kimberly Palmieri-Mouded (Trustee)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advocate for a one seat ride from the Raritan Valley Line into Penn Station New York. They have also been dedicated to both short and long term service and
What it reported doing in 2024
To advocate for a one seat ride from the Raritan Valley Line into PennStation, New York. They have also been dedicated to both short andlong term service and safety improvements to the stations.
Operating model
- Revenue model
- Donor-supported. 100% 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 - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.5%; rating input score 53
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 47.4%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.53; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -4.7% per year; rating input score 0; 36th percentile among comparable filings
- Revenue growth: -43.4% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -39.9% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 52.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.