Power Ten New York Inc
- Assets
- $42.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 01/1988
- Data as of
- 12/2022
- EIN
- 13-3347411
Organization Overview
Power Ten New York Inc is located in Princeton, NJ. The organization was established in 1988. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Ten New York 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, Power Ten New York Inc generated $20.7k 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 (8.5%) each year. All expenses for the organization totaled $18.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) 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
POWER TEN HELPS FUND US NATIONAL AND OLYMPIC TEAMS BY SUPPORTING YOUTH ROWING THROUGH CONTRIBUTIONS TO NORTH SHORE MARITIME CENTER AND CREW HAVEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Yale Director | 5 | $0 | |
David Huntington Director | 5 | $0 | |
Sean Colgan Director | 5 | $0 | |
A Richard Caputo Director | 5 | $0 | |
Edward Burke Director | 5 | $0 | |
Martin Crotty Sectreasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,267 |
| Other Revenue | $0 |
| Total Revenue | $20,733 |
| 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 | $6,000 |
| Printing, publications, postage, and shipping | $426 |
| Other expenses | $1,451 |
| Total expenses | $18,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,510 |
| Other assets | $0 |
| Total assets | $42,705 |
| Total liabilities | $11,000 |
| Net assets or fund balances | $31,705 |