THE RIVER FUND NEW YORK INC Charity Report

Public IRS 990 nonprofit record

THE RIVER FUND NEW YORK INC

EIN 11-3450363 · Human Service Organizations (P20)

What they do

THE MISSION of THE RIVER FUND NEW YORK, INC. is to EMPOWER THOSE WE SERVE to MOVE BEYOND THE LINE of POVERTY. BREAKING THE MULTIGENERATIONAL CYCLE of POVERTY is ACCOMPLISHED BY PROVIDING ONE of THE LARGEST FOOD PANTRIES IN THE BOROUGH of QUEENS, COMPLEMENTED BY A WIDE ARRAY of SOCIAL SERVICES and EDUCATIONAL PROGRAMMING to STABILIZE HOUSEHOLDS CURRENTLY IN POVERTY, DIRECTING OUR EFFORTS TOWARDS THE COMMUNITYS YOUTH to EMPOWER THEM to SEIZE EVERY OPPORTUNITY for ADVANCING THEMSELVES and THEIR FAMILIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.19%of revenue went to mission work95.3% of expenses · Program services

0.68%of revenue went to fundraising0.7% of expenses

$95.65spent for every $100 of revenueRevenue covered expenses this year.

3.78%of revenue went to management and office costs3.9% of expenses

$0.47in assets for every $1 spent this yearSome assets cannot be spent right away.

100.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $100,487 for SWAMI DURGA DAS (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,386,005

Mission workProgram services$10,383,45891.19% of revenue95.3% of expenses

ManagementOffice and general costs$430,1453.78% of revenue3.9% of expenses

FundraisingAsking for donations$76,9850.68% of revenue0.7% of expenses

Revenue left after expensesReported annual surplus$495,4174.35% of revenueShown in gray on the chart

Total expenses$10,890,58895.65% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 95.3% mission · 3.9% management · 0.7% fundraisingTotal expenses: 95.65% of revenue

2023Expense mix: 95.5% mission · 3.7% management · 0.9% fundraisingTotal expenses: 82.13% of revenue

2022Expense mix: 94.6% mission · 4.3% management · 1.1% fundraisingTotal expenses: 103.06% of revenue

2021Expense mix: 94.5% mission · 4.0% management · 1.5% fundraisingTotal expenses: 89.38% of revenue

2020Expense mix: 96.6% mission · 2.5% management · 1.0% fundraisingTotal expenses: 84.46% of revenue

2019Expense mix: 91.9% mission · 5.9% management · 2.2% fundraisingTotal expenses: 109.70% of revenue

2018Expense mix: 82.3% mission · 6.0% management · 11.7% fundraisingTotal expenses: 96.93% of revenue

2017Expense mix: 84.6% mission · 5.7% management · 9.7% fundraisingTotal expenses: 105.58% of revenue

Money in and money out

Revenue$11,386,005

Expenses$10,890,588

Annual surplus $495,417 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,383,458 · 95.3% of expenses

Management and office costs$430,145 · 3.9% of expenses

Fundraising$76,985 · 0.7% of expenses

See all reported dollar amounts

Revenue$11,386,005

Expenses$10,890,588

Assets$5,162,279

Income$11,608,456

Contributions$11,437,225

Mission work (program services)$10,383,458

Fundraising$76,985

Management and general$430,145

Executive compensation (total)$176,710

Stocks and bonds$335,578

Accounting fees$52,150

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

SWAMI DURGA DASCEO · 60 hrs/week $100,487Base $96,750 · Other $3,737

NANCY B NEARMANCFO · 8 hrs/week $48,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

SWAMI DURGA DASCEO

NANCY B NEARMANCFO

MICHAEL TIEDEMANNCHAIRMAN

TIMOTHY REILLYBOARD MEMBER

STEVEN PETERSENBOARD MEMBER

SARA SILVERSTEINBOARD MEMBER

ROBERT S POTTSTREASURER

RICCARDO BENEDETTIBOARD MEMBER

PATRICK L DALYBOARD MEMBER

ADAM DONEGERBOARD MEMBER

MELISSA WOOD-TEPPERBERGBOARD MEMBER

MEGAN WALSH SHAOULBOARD MEMBER

MAIA JAMESSECRETARY

JUSTIN GOLDENBOARD MEMBER

HAROLD FORD JRBOARD MEMBER

ELIZABETH M STEELBOARD MEMBER

DOUGLAS M WURTZBOARD MEMBER

DANIELLE BERNSTEINBOARD MEMBER

About this charity

Recognized since: January 1998
Location: 8911 LEFFERTS BLVD, RICHMOND HILL, NY 11418-3219
County: Queens
In care of: % FRANK L PATELLO
Primary officer: DURGA DAS, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@river.fund Phone(718) 441-1125

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: BONADIO & CO LLP
NTEE classification: Human Service Organizations (P20)
IRS tax category: Human Service Organizations