Rumson Boat Race Inc is located in Rumson, NJ. The organization was established in 2013. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Rumson Boat Race 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 12/2022, Rumson Boat Race Inc generated $41.1k 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 (20.3%) each year. All expenses for the organization totaled $27.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.8%) 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
PROGRAM SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mj Loiacono Vice President/treasurer | 3 | $0 | |
Robyn Etzler Advisor | 3 | $0 | |
Josephine Grayson Advisor | 3 | $0 | |
Megan Ferber President | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $41,138 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $41,138 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $27,184 |
Total expenses | $27,784 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $44,179 |
Other assets | $0 |
Total assets | $44,179 |
Total liabilities | $0 |
Net assets or fund balances | $44,179 |
Over the last fiscal year, we have identified 1 grants that Rumson Boat Race Inc has recieved totaling $720.
Awarding Organization | Amount |
---|---|
Clare And Robert Gray Charitable Foundation Rumson, NJ PURPOSE: CHARITY | $720 |
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Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
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Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
Albert Einstein College Of Medicine Staff Housing Company Inc Bronx, NY | $37,908,103 | $6,828,997 |
Bernard M Baruch College Auxiliary Enterprises Corporation New York, NY | $2,835,381 | $7,073,623 |
Shippensburg University Student Services Inc Shippensburg, PA | $2,959,085 | $3,291,326 |
University At Buffalo Student Association Inc Buffalo, NY | $6,243,803 | $4,544,119 |
Empirical Resolution Inc New York, NY | $7,350,506 | $4,345,659 |
Faculty Student Association Of Westchester Community College Inc Valhalla, NY | $11,997,286 | $3,578,738 |
John Jay College New York, NY | $4,331,954 | $4,637,173 |
Faculty Student Association At Downstate Medical Center Inc Brooklyn, NY | $2,207,476 | $3,694,681 |