Friends Of Pool Inc
- Assets
- $722.7k
- Revenue
- $659.2k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 61-1745367
Organization Overview
Friends Of Pool Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, 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. Friends Of Pool 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, Friends Of Pool Inc generated $659.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $479.9k during the year ending 12/2021. While expenses have increased by 13.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF + POOL IS WORKING TO PROVIDE FREE AND SAFE ACCESS TO NYC RIVERS FOR SWIMMING. IT ALSO EDUCATES THE PUBLIC ON THE ISSUES AFFECTING WATER QUALITY AND PROMOTES WATER STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF +POOL CONTINUES TO SPEARHEAD THE DEVELOPMENT OF +POOL, THE FIRST WATER-FILTERING FLOATING SWIMMING POOL THAT WILL CLEAN THE NEW YORK HARBOR WHILE PROVIDING A PUBLIC RECREATIONAL SPACE IN WHICH NEW YORKERS CAN ENJOY THEIR RIVER.FRIENDS OF + POOL RECEIVED A NOTICE TO PROCEED WITH DUE DILIGENCE ON + POOL FROM THE NEW YORK CITY ECONOMIC DEVELOPMENT CORPORATION. IT ALSO HOSTED A VARIETY OF WATER STEWARDSHIP EVENTS AND RELAUNCHED ITS IN-SCHOOL EDUCATION AND FREE LEARN TO SWIM PROGRAM, WHICH HAD BEEN SHUTTERED DUE TO COVID-19.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Meyer Managing Dir. | Officer | 40 | $99,781 |
Marc Kushner Trustee | Trustee | 2 | $0 |
Joseph Mizzi Treasurer | Trustee | 2 | $0 |
Matthew Lieber Trustee | Trustee | 2 | $0 |
Andrew Essex Trustee | Trustee | 5 | $0 |
Saneel Radia Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,587 |
| All other contributions, gifts, grants, and similar amounts not included above | $563,367 |
| Noncash contributions included in lines 1a–1f | $243,696 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $643,954 |
| Total Program Service Revenue | $15,285 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $659,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,781 |
| Compensation of current officers, directors, key employees. | $33,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,914 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $136,781 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,400 |
| Advertising and promotion | $0 |
| Office expenses | $9,191 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,350 |
| Insurance | $4,298 |
| All other expenses | $6,116 |
| Total functional expenses | $479,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,456 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,132 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $77,477 |
| Other assets | $407,100 |
| Total assets | $722,665 |
| Accounts payable and accrued expenses | $5,400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,400 |
| Net assets without donor restrictions | $717,265 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $722,665 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Friends Of Pool Inc has recieved totaling $27,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $21,000 |
The Hermine And David Heller Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Sharon S Davis Foundation Inc New York, NY PURPOSE: TO SUPPORT THEIR MISSION TO BUILD, OPERATE AND MAINTAIN AS WELL AS EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF CLEAN WATER, WHILE PROMOTING WATER STEWARDSHIP | $2,500 |
Harriett Ames Charitable Trust New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Earth Conservancy Ashley, PA | $31,704,256 | $2,874,276 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Delaware Bay And River Cooperative Inc Linwood, PA | $4,814,583 | $3,275,578 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |