Foundation For Recreational Boating Safety And Education
- Assets
- $29.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1989
- Data as of
- 02/2022
- EIN
- 36-3602212
Organization Overview
Foundation For Recreational Boating Safety And Education is located in Chicago, IL. The organization was established in 1989. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, 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. Foundation For Recreational Boating Safety And Education 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 02/2022, Foundation For Recreational Boating Safety And Education generated $3.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (42.6%) each year. All expenses for the organization totaled $3.5k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (41.9%) per year over the past 7 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
HANDS ON LEARNING GRANT: TO PROMOTE BOATING SAFETY AND TO EXPAND THE CAPACITY TO DELIVER ON WATER TRAINING BY USING BOAT SHOWS TO PROMOTE PARTICIPATION IN AND DELIVERY OF ON WATER TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Newsome Secretary | 0.5 | $0 | |
Ellen Bradley Vice President | 0.5 | $0 | |
Frank Hugelmeyer Chairman | 0.5 | $0 | |
Craig Boskey President | 0.5 | $0 | |
Ned Trigg Director | 0.5 | $0 | |
Glenda Sandoval Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,183 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $469 |
| Total Revenue | $3,652 |
| 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 | $2,265 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $267 |
| Other expenses | $918 |
| Total expenses | $3,450 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,802 |
| Other assets | $0 |
| Total assets | $29,802 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,802 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Recreational Boating Safety And Education has recieved totaling $7,621.
| Awarding Organization | Amount |
|---|---|
National Marine Manufacturers Association Inc Chicago, IL PURPOSE: General funding | $7,621 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George And Frances Ball Foundation Muncie, IN | $76,278,352 | $7,203,214 |
Friends Of The Robert Crown Center Evanston, IL | $364,936 | $1,586,328 |
Edmund F And Virginia B Ball Foundation Inc Muncie, IN | $23,329,269 | $2,218,558 |
Chicago Parks Foundation Chicago, IL | $6,269,164 | $4,256,299 |
The Tower Grove Park Foundation Saint Louis, MO | $14,895,981 | $1,801,990 |
Ball Foundation Glen Ellyn, IL | $10,980,594 | $409,210 |
Chicago Rowing Foundation Chicago, IL | $1,413,266 | $1,236,194 |
Atchison Ymca Qalicb Inc Kansas City, MO | $9,758,868 | $380,000 |
Friends Of Lake Forest Parks And Recreation Lake Forest, IL | $990,377 | $433,092 |
Pekin Park Foundation Pekin, IL | $1,074,794 | $584,310 |
Friends Of The Manitowoc Familyaquatic Center Inc Manitowoc, WI | $269,607 | $8,134 |
Trust Uw Elmer A Sperry T 3012 Chicago, IL | $7,841,681 | $561,674 |