Friends Of Pool Inc
- Assets
- $967.2k
- Revenue
- $861.6k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 03/2015
- Data as of
- 12/2022
- 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. As of 12/2022, Friends Of Pool Inc employed 2 individuals. 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 12/2022, Friends Of Pool Inc generated $861.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $622.2k during the year ending 12/2022. While expenses have increased by 14.4% 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
2022
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
LEVERGING ITS 2021 NOTICE TO PROCEED WITH DUE DILIGENCE FROM NYCEDC, FRIENDS OF + POOL FILED PERMITS FOR NYC'S FIRST RIVER-SOURCED SWIM FACILITY IN MORE THAN 100 YEARS. FRIENDS OF + POOL HOSTED ITS FIRST POP-UP EXHIBITION ALONG THE BROOKLYN BRIDGE ESPLANADE, LAUNCHED AN ADULT LEARN-TO-SWIM PROGRAM, AND CONTINUED TO EXPAND ITS COMMUNITY-BASED ENVIORNMENTAL AND SWIM EDUCATION PROGRAMS. FRIENDS OF + POOL CONTINUES TO DRIVE FREE AND SAFE PUBLIC ACCESS TO THE RIVERS AROUND NYC THROUGH ITS PROPOSED FLOATING SWIMMING POOL, AND PRODUCES PROGRAMS TO PREPARE NEW YORKERS FOR FREE AND SAFE ACCESS TO THE WATERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Meyer Managing Dir. | Officer | 40 | $123,515 |
Marc Kushner Trustee | Trustee | 2 | $0 |
Joseph Mizzi Treasurer | Trustee | 2 | $0 |
Domenica Stasiak Trustee | Trustee | 10 | $0 |
Janette Sadik-Khan Trustee | Trustee | 2 | $0 |
Andrew Essex Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $128,705 |
| Related organizations | $0 |
| Government grants | $59,821 |
| All other contributions, gifts, grants, and similar amounts not included above | $669,434 |
| Noncash contributions included in lines 1a–1f | $242,102 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $857,960 |
| Total Program Service Revenue | $3,284 |
| Investment income | $367 |
| 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 | $861,611 |
| 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. | $132,509 |
| Compensation of current officers, directors, key employees. | $44,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,903 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,434 |
| Payroll taxes | $17,818 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $125,148 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,456 |
| 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 | $238 |
| Insurance | $2,206 |
| All other expenses | $14,293 |
| Total functional expenses | $622,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,956 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $67,300 |
| 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 | $2,449 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $146,396 |
| Other assets | $407,101 |
| Total assets | $967,202 |
| Accounts payable and accrued expenses | $10,500 |
| 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 | $10,500 |
| Net assets without donor restrictions | $941,702 |
| Net assets with donor restrictions | $15,000 |
| 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 | $967,202 |