Hudson River Foundation For Science And Environmental Research Inc
Hudson River Foundation maintains substantial assets despite volatile revenue and operational deficits in recent years.
EIN: 133089956 · New York, NY · NTEE: C320 · Updated: 2026-03-28
Is Hudson River Foundation For Science And Environmental Research Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hudson River Foundation For Science And Environmental Research Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hudson River Foundation For Science And Environmental Research Inc
Hudson River Foundation For Science And Environmental Research Inc (EIN: 133089956) is a nonprofit organization based in New York, NY, classified under NTEE code C320. The organization reported total revenue of $10.7M and total assets of $55.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hudson River Foundation For Science And Environmental Research Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hudson River Foundation For Science And Environmental Research Inc is a large nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-2,456,251 |
| Total Assets | $49.3M |
| Total Liabilities | $3.9M |
| Net Assets | $45.4M |
| Operating Margin | -120.2% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 131.6 months |
Financial Health Grade: B
In 2023, Hudson River Foundation For Science And Environmental Research Inc reported a deficit of $2.5M with expenses exceeding revenue, holds 131.6 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hudson River Foundation For Science And Environmental Research Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.3% | +47.7% | +3.8% |
| 2022 | +1136.3% | -11.1% | +0.6% |
| 2021 | +25.2% | -8.9% | +7.1% |
| 2020 | +11.6% | -4.6% | +5.9% |
| 2019 | -6.3% | -12.6% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hudson River Foundation For Science And Environmental Research Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hudson River Foundation For Science And Environmental Research Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a volunteer leadership structure or that compensation is covered by an external entity, which is highly favorable for donor perception and efficient use of funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Hudson River Foundation For Science And Environmental Research Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $26.5M in 2022 to $2M in 2023)
- Operational deficit in the latest filing period (2023 expenses $4.5M vs. revenue $2M)
Strengths
The following positive indicators were identified for Hudson River Foundation For Science And Environmental Research Inc:
- Substantial and growing asset base ($55.2M latest, up from $39.6M in 2018)
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership
- Long history of IRS 990 filings (13 filings), demonstrating transparency and longevity
- Stable expense levels despite revenue fluctuations, suggesting controlled operational costs
Frequently Asked Questions about Hudson River Foundation For Science And Environmental Research Inc
Is Hudson River Foundation For Science And Environmental Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hudson River Foundation For Science And Environmental Research Inc (EIN: 133089956) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Hudson River Foundation For Science And Environmental Research Inc spend its money?
Hudson River Foundation For Science And Environmental Research Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hudson River Foundation For Science And Environmental Research Inc tax-deductible?
Hudson River Foundation For Science And Environmental Research Inc is registered as a tax-exempt nonprofit (EIN: 133089956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hudson River Foundation For Science And Environmental Research Inc a good charity?
Based on the available data, the organization appears to be a good charity, particularly due to its strong asset base ($55,240,104), consistent reporting of 0% officer compensation, and a likely high program spending ratio (estimated at 80%). However, potential donors should be aware of the significant year-to-year revenue volatility and recent operational deficits.
Why did revenue drop so sharply in 2023?
The IRS 990 data shows a substantial drop in revenue from $26,504,704 in 2022 to $2,043,614 in 2023. This could be due to the completion of a large grant or project, a change in funding cycles, or a one-time major donation in 2022 that was not repeated. Further investigation into the specific revenue sources would be needed to understand this fluctuation.
How does the organization cover its expenses when revenue is low?
In periods where expenses exceed revenue, such as in 2023 ($4,499,865 expenses vs. $2,043,614 revenue), the organization likely draws from its substantial asset base, which stood at $49,344,365 at the end of 2023. This indicates a strong endowment or investment portfolio providing financial stability.
Filing History
IRS 990 filing history for Hudson River Foundation For Science And Environmental Research Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hudson River Foundation For Science And Environmental Research Inc's revenue has declined by 47.1%, moving from $3.9M to $2.0M. Total assets increased by 36.5% over the same period, from $36.2M to $49.3M. Total functional expenses rose by 14.5%, from $3.9M to $4.5M. In its most recent filing year (2023), Hudson River Foundation For Science And Environmental Research Inc reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $49.3M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $45.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $4.5M | $49.3M | $3.9M | — | View 990 |
| 2022 | $26.5M | $3.0M | $47.5M | $4.1M | — | View 990 |
| 2021 | $2.1M | $3.4M | $47.3M | $3.0M | — | View 990 |
| 2020 | $1.7M | $3.8M | $44.1M | $4.1M | — | View 990 |
| 2019 | $1.5M | $3.9M | $41.7M | $3.9M | — | View 990 |
| 2018 | $1.6M | $4.5M | $39.7M | $3.5M | — | View 990 |
| 2017 | $1.5M | $4.2M | $43.1M | $3.5M | — | View 990 |
| 2016 | $8.9M | $4.2M | $41.9M | $3.5M | — | View 990 |
| 2015 | $3.4M | $4.3M | $42.9M | $3.5M | — | View 990 |
| 2014 | $5.7M | $3.7M | $47.4M | $3.1M | — | View 990 |
| 2013 | $4.4M | $4.6M | $47.0M | $2.8M | — | View 990 |
| 2012 | $4.8M | $2.8M | $40.5M | $2.3M | — | View 990 |
| 2011 | $3.9M | $3.9M | $36.2M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $4.5M, and assets of $49.3M (revenue -92.3% year-over-year).
- 2022: Revenue of $26.5M, expenses of $3.0M, and assets of $47.5M (revenue +1136.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $3.4M, and assets of $47.3M (revenue +25.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $3.8M, and assets of $44.1M (revenue +11.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $3.9M, and assets of $41.7M (revenue -6.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $4.5M, and assets of $39.7M (revenue +11.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $4.2M, and assets of $43.1M (revenue -83.6% year-over-year).
- 2016: Revenue of $8.9M, expenses of $4.2M, and assets of $41.9M (revenue +164.7% year-over-year).
- 2015: Revenue of $3.4M, expenses of $4.3M, and assets of $42.9M (revenue -40.4% year-over-year).
- 2014: Revenue of $5.7M, expenses of $3.7M, and assets of $47.4M (revenue +29.5% year-over-year).
- 2013: Revenue of $4.4M, expenses of $4.6M, and assets of $47.0M (revenue -8.7% year-over-year).
- 2012: Revenue of $4.8M, expenses of $2.8M, and assets of $40.5M (revenue +24.2% year-over-year).
- 2011: Revenue of $3.9M, expenses of $3.9M, and assets of $36.2M.
Data Sources and Methodology
This transparency report for Hudson River Foundation For Science And Environmental Research Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.