Rocking The Boat Inc
- Assets
- $8.4m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 80
- Location
- Bronx, NY
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 13-4177814
Organization Overview
Rocking The Boat Inc is located in Bronx, NY. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Rocking The Boat Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocking The Boat 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 12/2023, Rocking The Boat Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 4.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRADITIONAL WOODEN BOATBUILDING, ROWING, SAILING, ENVIRONMENTAL RESEARCH AND RESTORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT PROGRAM: ROCKING THE BOAT'S YOUTH DEVELOPMENT PROGRAM IS SPLIT INTO THREE TRACKS - WOODEN BOAT BUILDING, BRONX RIVER RESTORATION, SAILING - AND TWO LEVELS - STUDENT AND APPRENTICE - BUT UNITED THROUGH A SHARED FOCUS ON GIVING HIGH SCHOOL STUDENTS THE OPPORTUNITY TO LEARN BY DOING PRACTICAL WORK THAT PRODUCES TANGIBLE RESULTS.
PUBLIC PROGRAMS: ROCKING THE BOAT'S PUBLIC PROGRAMS EXPOSE A BROADER AUDIENCE TO ITS WORK. THE ON-WATER CLASSROOM INTRODUCES THE JOY OF ROWING AND THE BEAUTY AND ECOLOGICAL DIVERSITY OF THE BRONX RIVER TO ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS THROUGHOUT THE SCHOOL YEAR, AND OFFERS BOTH PROFESSIONAL DEVELOPMENT FOR TEACHERS AND TEAM BUILDING PROGRAMS FOR A WIDE RANGE OF ADULT GROUPS. DURING THE SUMMER, SAILING AND NATURE CAMP - AN ENVIRONMENTAL EDUCATION PROGRAM WITH A STRONG EMPHASIS ON TEAMBUILDING - AND SAILING CAMP, INTRODUCES PARTICIPANTS TO ROWING AND SAILING, AND ALLOWS THEM TO SPEND A PORTION OF THEIR SUMMER INVOLVED IN OUTDOOR ACTIVITIES THAT ENHANCE THEIR CAPACITY AND THINK CRITICALLY AND PROBLEM SOLVE COLLABORATIVELY, WHILE BUILDING PHYSICAL FITNESS AND FOSTERING ENVIRONMENTAL STEWARDSHIP. ON AN EVEN LARGER SCALE, COMMUNITY BIRDING, ROWING, AND SAILING INVITES THE GENERAL PUBLIC TO BIRDWATCH AND GO FOR A FREE ROW OR SAIL, GUIDED BY ROCKING THE BOAT PROGRAM ASSISTANTS, ON SATURDAY AND SUNDAY AFTERNOONS FROM MEMORIAL DAY TO LABOR DAY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thom Thacker President | OfficerTrustee | 1 | $0 |
Demetris Giannoulia Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Mack Vice President | OfficerTrustee | 1 | $0 |
Sinead Strain Secretary | OfficerTrustee | 1 | $0 |
Antonio Ramos Director | Trustee | 1 | $0 |
Carla Murphy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $645,111 |
| Related organizations | $0 |
| Government grants | $382,958 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,789,658 |
| Noncash contributions included in lines 1a–1f | $38,263 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,817,727 |
| Total Program Service Revenue | $83,459 |
| Investment income | $80,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,495 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,983,860 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,672 |
| Compensation of current officers, directors, key employees. | $9,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,285,447 |
| Pension plan accruals and contributions | $26,458 |
| Other employee benefits | $234,056 |
| Payroll taxes | $120,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $218,729 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $23,077 |
| Fees for services: Other | $255,026 |
| Advertising and promotion | $0 |
| Office expenses | $41,492 |
| Information technology | $103,779 |
| Royalties | $0 |
| Occupancy | $75,735 |
| Travel | $66,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,623 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $133,807 |
| Insurance | $51,947 |
| All other expenses | $104,018 |
| Total functional expenses | $3,302,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,879 |
| Savings and temporary cash investments | $1,592,044 |
| Pledges and grants receivable | $1,379,283 |
| Accounts receivable, net | $37,600 |
| 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 | $30,101 |
| Net Land, buildings, and equipment | $2,515,573 |
| Investments—publicly traded securities | $2,686,832 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,995 |
| Total assets | $8,360,307 |
| Accounts payable and accrued expenses | $145,920 |
| Grants payable | $0 |
| Deferred revenue | $2,718 |
| 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 | $529,323 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $677,961 |
| Net assets without donor restrictions | $4,661,947 |
| Net assets with donor restrictions | $3,020,399 |
| 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 | $8,360,307 |