River Rats Inc
- Assets
- $148.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fair Haven, NJ
- Founding
- 02/1961
- Data as of
- 12/2023
- EIN
- 22-6064836
Organization Overview
River Rats Inc is located in Fair Haven, NJ. The organization was established in 1961. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. River Rats 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 12/2023, River Rats Inc generated $121.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $109.0k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
RIVER RATS OPERATES A SMALL SAILING SCHOOL FOR CHILDREN AND A FEW ADULTS. WE HAVE ABOUT 80 STUDENTS PER YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Horner Williams Skipper | 2 | $0 | |
Timothy Ross Executive Officer | 1 | $0 | |
Timothy Ross Chief Officer | 2 | $0 | |
Bill Lynch First Officer | 0.5 | $0 | |
Mary Haynes Second Officer | 0.5 | $0 | |
Jill Lynch Purser | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,878 |
| Total Program Service Revenue | $64,735 |
| Membership dues | $30,505 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $50 |
| Total Revenue | $121,168 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,338 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $22,896 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,729 |
| Total expenses | $108,963 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,832 |
| Other assets | $0 |
| Total assets | $147,956 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,956 |