Falcon Rowing Inc
- Assets
- $162.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ediston, NJ
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 27-4196445
Organization Overview
Falcon Rowing Inc is located in Ediston, NJ. The organization was established in 2013. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falcon Rowing 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 12/2021, Falcon Rowing Inc generated $66.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $79.9k during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT, TRAIN, AND DEVELOP AMATEUR ROWERS AT ST. JOSEPH HIGH SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Langowski President | 12 | $5,950 | |
Eric Backlund Vice President | 3 | $0 | |
Nick Lacava Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,282 |
| Total Program Service Revenue | $1,904 |
| Membership dues | $34,657 |
| Investment income | $34 |
| Gain or Loss | $945 |
| Net Income from Gaming & Fundraising | $4,873 |
| Other Revenue | $0 |
| Total Revenue | $66,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,048 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,016 |
| Printing, publications, postage, and shipping | $1,054 |
| Other expenses | $57,790 |
| Total expenses | $79,908 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,744 |
| Other assets | $0 |
| Total assets | $162,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,667 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Falcon Rowing Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Manasquan Bank Charitable Foundation Inc Wall Township, NJ PURPOSE: YOUTH ROWING | $1,000 |
Peer Organizations
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|---|---|---|
North Hills Country Club Inc Manhasset, NY | $8,665,701 | $10,144,490 |
American Yacht Club Rye, NY | $14,373,671 | $10,489,305 |
Rumson Country Club Rumson, NJ | $21,597,970 | $11,715,941 |
Fox Chapel Golf Club Pittsburgh, PA | $23,085,433 | $10,861,671 |
Laurel Valley Golf Club Ligonier, PA | $52,343,564 | $12,615,349 |
Fairmount Country Club Chatham, NJ | $19,011,415 | $11,121,971 |
Fenway Golf Club Inc Scarsdale, NY | $17,131,251 | $9,912,934 |
Metropolis Country Club Inc White Plains, NY | $13,739,275 | $9,618,484 |
Duquesne Club Pittsburgh, PA | $30,792,617 | $9,610,299 |
Morris County Golf Club Convent Station, NJ | $22,253,157 | $12,044,540 |
Tavistock Country Club Haddonfield, NJ | $18,571,635 | $10,309,348 |
Shinnecock Hills Golf Club Southampton, NY | $5,355,089 | $8,322,152 |