Portland Boathouse
- Assets
- $239.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/2004
- Data as of
- 12/2022
- EIN
- 20-0358880
Organization Overview
Portland Boathouse is located in Portland, OR. The organization was established in 2004. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Boathouse 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, Portland Boathouse generated $116.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $130.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PORTLAND BOATHOUSE PROVIDES EDUCATION REGARDING, AND FACILITATES ACCESS TO LIGHT WATERCRAFT ACTIVITIES, RIVER SAFETY, AND RIVER ECOLOGY FOR APPROXIMATELY 1300 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernie Thurber President | 10 | $0 | |
Nick Haley Vice President | 16 | $0 | |
Leslie Walker Secretary | 16 | $3,300 | |
Christopher Burkhart Treasurer | 12 | $0 | |
Lynn Walton Director | 4 | $0 | |
Travis Williams Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $116,377 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $116,398 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $127,006 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,587 |
| Total expenses | $130,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,751 |
| Other assets | $0 |
| Total assets | $239,227 |
| Total liabilities | $4,986 |
| Net assets or fund balances | $234,241 |