Rockaway Waterfront Alliance Inc

Nonprofit profile at a glance

EIN
113783397
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-N 2007
Location
Far Rockaway, NY, USA
Phone
7183275919
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Environmental Beautification and Aesthetics

Official website

Reported finances

Revenue
$1,038,684
Expenses
$1,315,475
Assets
$3,181,158
Liabilities
$524,822

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JEANNE DUPONT (PRESIDENT)

Highest reported compensation

  • JEANNE DUPONT (PRESIDENT): $115,525 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Rockaway waterfront alliance (rwa) is a community-based organization dedicated to empowering residents of the underserved communities of the rockaway peninsula to play a role in the determination of their neighborhoods. We provide enriching educational and community programming, that instills both individual and civic respect for nature and contributes to the physical, economic and social sustainability of the rockaway peninsula. As a catalyst for sustainability and community building, our mission is to: 1) provide enriching educational and community programs focused on the natural sciences, social determinants of health, cultural arts and outdoor recreation; 2) facilitate college access, career building and recreational opportunities for local youth through job training and educational programs; 3) provide a centralized, community-based destination (rise) for shared learning and experiences in civic justice and social equity, health & wellness, arts/cultural events focused on regional

What it reported doing in 2024

Public engagement/stewardship events: these events actively engage residents on topics related to community planning, public health, food access and environmental stewardship, with the goal of improving the overall health and wellness of the rockaway community, and long-term coastal resilience of the rockaway peninsula.

Operating model

Revenue model
Donor-supported. 76% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 89
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.8%; rating input score 93
  • Program expense ratio: 73.4%; rating input score 73
  • Fundraising efficiency: $11.67 raised per $1 spent on fundraising; rating input score 43; 43rd 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: 90%; rating input score 90; 23rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • 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: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -26.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 2.42; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 8.8%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: -2.5% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 92.8% of revenue deployed · 73.4% of spending went to programs
  • Governance: 9 of 10 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $965K in reported program spending
  • Leadership: top reported pay $116K · 13 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.