Falcon Rowing Inc
- Assets
- $210.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 05/2013
- Data as of
- 12/2022
- EIN
- 27-4196445
Organization Overview
Falcon Rowing Inc is located in Edison, NJ. The organization was established in 2013. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Falcon 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 12/2022, Falcon Rowing Inc generated $90.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $76.5k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT, TRAIN, AND DEVELOP AMATEUR ROWERS AT ST. JOSEPH HIGH SCHOOL
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 |
|---|---|---|---|
Tom Langowski President | 12 | $6,600 | |
Eric Backlund Vice President | 3 | $0 | |
Nick Lacava Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,927 |
| Total Program Service Revenue | $2,812 |
| Membership dues | $62,096 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,887 |
| Other Revenue | $0 |
| Total Revenue | $90,198 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,939 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $19,951 |
| Printing, publications, postage, and shipping | $1,184 |
| Other expenses | $43,405 |
| Total expenses | $76,479 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,212 |
| Other assets | $0 |
| Total assets | $210,191 |
| Total liabilities | $0 |
| Net assets or fund balances | $210,191 |