Environment : Environmental Protection and ConservationCN Advisory: Moderate Concern
Interim Executive Director
Hudson River Sloop Clearwater’s 11/2018 audit states that Hudson River Sloop Clearwater has an “Disclaimer of Opinion” that is outlined in Note Basis for Disclaimer of Opinion. It reads, “We were unable to obtain sufficient documentation to substantiate receivable and deferred revenue balances as of November 30, 2018. We were also unable to obtain sufficient documentation for certain revenues and expenses for the year ended November 30, 2018. We were unable to confirm or verify by alternative means the existence or completeness of receivables and deferred revenue included in the statement of financial position at a total amount of $28,201 and $6,480, respectively, as of November 30, 2018. We were also unable to confirm or verify the occurance or completeness of certain revenues and expenses recorded for the year ended November 30, 2018. As a result of these matters, we were unable to determine whether accounts and grants receivable, deffered revenues and the elements making up the statements of activities, functional expenses and cash flows were materially correct as of and for the year ended November 30, 2018..” For this reason, we have issued this Moderate Concern CN Advisory. For more information, please see the FYE 11/2018 Audit.
The nature of the concerns raised in this organization's Financial Audit are such that Charity Navigator has issued this CN Advisory to provide donors with information that they may find useful when making their giving decisions. Charity Navigator is not responsible for the nature or content of the information presented through external sources and websites. For more information on how or when we decide to publish a CN Advisory, please review our methodology.
|Form 990 FYE||Date Published||Overall Score||Overall Rating|
This donor advisory was published on Wednesday, November 16, 2016
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
|Name in IRS Master File||HUDSON RIVER SLOOP CLEARWATER INC|
|NTEE Code||[Not Provided by IRS]|
|NTEE Classification||[Not Provided by IRS]|
|NTEE Type||[Not Provided by IRS]|
|Subsection||501(c)(3) (View the list of codes)|
(207) Industry trade shows
(59) Other school related activities
|Foundation Status||Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)|
|Deductibility||Contributions are deductible|
|Affiliation||Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).|
|Group Name||[Not Applicable]|
|Ruling Date||April, 1968|
|Filing Requirement||990 (all other) or 990EZ return|
|Fiscal Year End||November|
|IRS Forms 990
(provided courtesy of Foundation Center)
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