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Connecticut · Nonprofit

RIVERFRONT RECAPTURE INC

RIVERFRONT RECAPTURE INC (Connecticut) receives grants from 51 organizations whose IRS filings report $4,296,432 to it, the largest being HARTFORD FOUNDATION FOR PUBLIC GIVING ($1,515,365). 35 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$4.5M
Funders on record
51
Grants received
$4.3M
Net assets
$7.5M
35/51 repeat funderspeak grant-dependency 35%
01What it does

What Riverfront Recapture Inc does

Mission

Riverfront Recapture' s mission is to connect people with the Connecticut River. This is accomplished through its goal of restoring public access to the Connecticut River and recognizing its potential to improve the quality of life for the region by increasing recreational and economic opportunities.

As stated on its FY2025 Form 990.

Programs

  1. ENTERTAINMENT AND EVENTS: Riverfront Recapture offers family-friendly entertainment in the parks, ranging from cultural performances to concerts and festivals. Riverfront Recapture produces many events, such as the Riverfront Food Truck Festival, Asian Festival, and numerous music, dance, and arts events. Riverfront also collaborates with other organizations to present a diverse schedule of events, such as the Taste of the Caribbean, which celebrates Caribbean culture, music, dance, and food. 149 free public events were held in 2025, attracting over 40,000 visitors to the Riverfront.

    $599,181 spent$68,899 earned by the program
    16% of program spending
  2. RECREATIONAL PROGRAMS: Riverfront Recapture's parks on both banks of the Connecticut River in Harford and East Hartford and the river provide various land and water recreation venues. Visitors to Riverfront Recapture parks participate in individual activities: walking, birdwatching, running, biking, snowshoeing, fishing, and more, and organized group activities, including cricket, 5K's and free fitness programs such as yoga. Riverfront Recapture's Community Rowing Program operates out of the Boathouse in Riverside Park, offering classes to youth and adults of all skill levels, from Learn to Row, to Masters Racing teams, both on water, and indoor during the winter. The fall rowing season culminates with our annual Head of the Riverfront Regatta, which attracted 13,500 participants and spectators in 2025. Dragon boating is a growing program with paddlers of various skill levels on the water throughout the season. Riverfront also hosts the annual Dragon Boat Race and Asian Festival. The race hosted 60 teams in 2025, including local community and corporate participants as well as clubs from out of state. Public boating is possible from three boat launches. Riverfront partners with a…

    $885,145 spent$587,830 earned by the program
    24% of program spending
  3. PARK MANAGEMENT AND DEVELOPMENT: Projects are underway to expand the park system north of the Boathouse to connect to the Windsor riverwalk. Funding was secured in 2017 for extending the riverwalk north of the Boathouse. Naming this stretch the "Joe Marfuggi Riverwalk" to honor the memory of Riverfront Recapture's former President & CEO, was authorized by the City of Hartford. A separate private fundraising campaign will fund unique features along the riverwalk to add exhibits to tell the history of the Riverfront. This new stretch of riverwalk will continue into Windsor across land at the Hartford/Windsor line that Riverfront purchased through a controlled entity, Riverfront Land, Inc. The new property will allow for the uninterrupted connection of riverwalk from Charter Oak Landing in Hartford to the Windsor Riverwalk and beyond. The parcel will also provide opportunities for many other activities and potential commercial development, making this location a key attraction on the Riverfront. Several large grants, State and Federal, have been secured since 2021 primarily for the property's environmental remediation, which will begin in January 2026. The master plan for this future…

    $2,254,524 spent$29,625 earned by the program
    60% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,738,850.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.4M) Expenses 100 ($3.1M) Net assets 100 ($3.3M)2018 Revenue 101 ($3.4M) Expenses 109 ($3.4M) Net assets 91 ($3.0M)2019 Revenue 128 ($4.3M) Expenses 122 ($3.8M) Net assets 96 ($3.2M)2020 Revenue 129 ($4.3M) Expenses 81 ($2.5M) Net assets 150 ($5.0M)2021 Revenue 148 ($5.0M) Expenses 109 ($3.4M) Net assets 208 ($6.9M)2022 Revenue 122 ($4.1M) Expenses 126 ($3.9M) Net assets 186 ($6.2M)2023 Revenue 111 ($3.7M) Expenses 118 ($3.6M) Net assets 201 ($6.7M)2024 Revenue 120 ($4.0M) Expenses 133 ($4.1M) Net assets 207 ($6.9M)2025 Revenue 135 ($4.5M) Expenses 140 ($4.3M) Net assets 226 ($7.5M)
'17'18'19'20'21'22'23'24'25
Revenue (135)Expenses (140)Net assets (226)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.5M to $7.6M (+38%).

$3.5M
$3.2M
$3.5M
$5.5M
$7.6M
$6.7M
$7.0M
$7.4M
$8.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 41% · 2018 43% · 2019 37% · 2020 36% · 2021 50% · 2022 50% · 2023 47% · 2024 52% · 2025 45%. Grants only. Government contracts and fees sit inside program revenue.

73% of RIVERFRONT RECAPTURE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 2,898 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$269k
’17
$6k
’18
$534k
’19
$1.8M
’20
$1.6M
’21
$195k
’22
$82k
’23
−$88k
’24
$194k
’25
4.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael Zaleski

President & CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed374442454648534848
Joined·+10+4+6+5+7+8+2+6
No longer listed·36345376
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 22 funders, grant income rose $214k → $467k.

12 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of RIVERFRONT RECAPTURE INC’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

RIVERFRONT RECAPTURE INC has a broad base — no single funder exceeds 35% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RIVERFRONT RECAPTURE INC.

35%
largest funder
52%
top three
~6
effective funders

Largest funder’s share by year: 2017 30% · 2018 74% · 2019 26% · 2020 43% · 2021 24% · 2022 19% · 2023 14% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

47% of RIVERFRONT RECAPTURE INC's funders are still giving 3 years after their first grant; 69% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

53% of RIVERFRONT RECAPTURE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.0M that is directly attributable, 57% of it comes from funders outside Connecticut, across 12 states.

MN
NY
MA
PA
CT
NE
MO
VA
NC
SC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $2.3M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

RIVERFRONT RECAPTURE INC's revenue grew 35% between 2017 and 2025.

Operating margin4% · below the median
Months of reserve4.1mo · below the median
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 1,767 recreation & sports nonprofits $1M–$10M, FY2025

Government funding RIVERFRONT RECAPTURE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.2M on record — $500k federal, $1.7M state.

Federal$500k
grants $500kcontracts $0
Top agencies
  • Environmental Protection Agency$500k
State$1.7M
19
20
21
22
23
24
25
26
Top programs
  • Pass thru Grant Non-State$1.2M
  • ARPA Beneficiary Award$250k
  • Other Program Expenses$162k
  • Educational Services$22k
  • State Aid Grants$5k
  • Conf/Seminars/Workshop-Hosting$3k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like RIVERFRONT RECAPTURE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 5%Fundraising 9%

Governance

44
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CT

Part of a family of 1 related entity

  • Riverfront Land Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for RIVERFRONT RECAPTURE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds RIVERFRONT RECAPTURE INC?
RIVERFRONT RECAPTURE INC (Connecticut) receives grants from 51 organizations whose IRS filings report $4,296,432 to it, the largest being HARTFORD FOUNDATION FOR PUBLIC GIVING ($1,515,365). 35 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does RIVERFRONT RECAPTURE INC have?
IRS filings report 51 organizations giving $4,296,432 in grants to RIVERFRONT RECAPTURE INC, 35 of which have funded it in more than one year.
Who is the largest funder of RIVERFRONT RECAPTURE INC?
HARTFORD FOUNDATION FOR PUBLIC GIVING is the largest funder on record, with $1,515,365 in grants. The full list of funders is on this page.
How can an organization like RIVERFRONT RECAPTURE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Riverfront Recapture →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing