Friends Of Port Rowing Inc is located in East Meadow, NY. The organization was established in 2011. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2020, Friends Of Port Rowing Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Port 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 12/2020, Friends Of Port Rowing Inc generated $566.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $480.9k during the year ending 12/2020. While expenses have increased by 1.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND MAKE ROWING AVAILABLE TO MEMBERS OF THE PORT WASHINGTON COMMUNITY AND ITS SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER THE SPORT OF ROWING TO TEENAGERS AND ADULTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Rosenthal Treasurer | OfficerTrustee | 0 | $0 |
Thresea Hughes Secretary | OfficerTrustee | 0 | $0 |
Bob Bosse Trustee | OfficerTrustee | 0 | $0 |
Aaron Tawil Vice President | OfficerTrustee | 0 | $0 |
Vernon Mcdermott President | Trustee | 0 | $0 |
Holly Byrne Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $87,533 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $87,533 |
Total Program Service Revenue | $478,625 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $566,158 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $166,738 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,328 |
Payroll taxes | $14,478 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $22,725 |
Travel | $14,788 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,542 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $93,102 |
Insurance | $23,550 |
All other expenses | $31,716 |
Total functional expenses | $480,896 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $153,467 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $847,977 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,975 |
Total assets | $1,003,419 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $43,287 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $43,287 |
Net assets without donor restrictions | $960,132 |
Net assets with donor restrictions | $0 |
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 | $1,003,419 |
Over the last fiscal year, we have identified 4 grants that Friends Of Port Rowing Inc has recieved totaling $41,160.
Awarding Organization | Amount |
---|---|
Grossman Family Philanthropic Foundation Armonk, NY PURPOSE: FOR CHARITABLE PURPOSES | $27,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,500 |
The Silver Family Foundation Inc Bethesda, MD PURPOSE: CHARITABLE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $160 |
Organization Name | Assets | Revenue |
---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |