Potomac River Association Inc
- Assets
- $2.9k
- Revenue
- $550.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/2019
- Data as of
- 12/2021
- EIN
- 52-1983812
Organization Overview
Potomac River Association Inc is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac River Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Potomac River Association Inc generated $550.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $450.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE POTOMAC RIVER SWIM IS AN ANNUAL 75 MILE OPEN WATER SWIM EVENT FUNDS RAISED ARE DISTRIBUTED TO CHES BAY FND SHENANDOAH RVR SIERRA CLUB ICPRB POTOMAC CONSERV WVA RIVERS ESLC RIDGE RESCUE ST MARYS RIVER
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $550 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $450 |
| Total expenses and disbursements | $450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,553 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $300 |
| Other assets | $0 |
| Total assets | $2,853 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Potomac River Association Inc has awarded $450 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Charleston, WV PURPOSE: CONSERVATION | $50 |
Easton, MD PURPOSE: CONSERVATION | $50 |
ICPRB PURPOSE: CONSERVATION | $50 |
SIERRA CLUB SOUTHERN MARYLAND GROUP PURPOSE: CONSERVATION | $50 |
Silver Spring, MD PURPOSE: CONSERVATION | $50 |
RIDGE RESCUE PURPOSE: COMMUNITY SAFETY | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Casey Trees Washington, DC | $172,847,152 | $12,912,078 |
Virginia Environmental Endowment Richmond, VA | $39,141,964 | $1,790,193 |
Lewis Ginter Botanical Garden Foundation Richmond, VA | $28,483,721 | $2,256,902 |
Ajp Educational Foundation Inc Falls Church, VA | $978,918 | $1,563,640 |
Horticultural Research Institute Endowment Fund Inc Washington, DC | $20,650,624 | $2,143,577 |
Roatan Marine Park International Inc Frederick, MD | $10,468 | $0 |
Okane Family Foundation Inc Great Falls, VA | $4,416,415 | $156,720 |
Youth Learning As Citizen Environmental Scientists Washington, DC | $14,577 | $0 |
National Waterways Foundation Washington, DC | $183,351 | $0 |
Betty Huse M D Charitable Foundation Baltimore, MD | $983,979 | $108,347 |
Bay Paddle Inc Arnold, MD | $22,167 | $0 |
Center For Urban Sustainability Projects Washington, DC | $0 | $0 |