Wakefield Crew Boosters
- Assets
- $113.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 10/2015
- Data as of
- 07/2024
- EIN
- 80-0507256
Organization Overview
Wakefield Crew Boosters is located in Arlington, VA. The organization was established in 2015. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wakefield Crew Boosters 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 07/2024, Wakefield Crew Boosters generated $183.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $214.6k during the year ending 07/2024. While expenses have increased by 14.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WAKEFIELD CREW BOOSTERS IS TO PROVIDE AN ENRICHING AND REWARDING TEAM SPORT FOR WAKEFIELD HIGH SCHOOL'S STUDENTS WHO ARE INTERESTED IN PHYSICAL AND COMPETITIVE CHALLENGES AND IN DEVELOPING ROWING SKILLS AND KNOWLEDGE AS AN IMPORTANT PART OF THEIR OVERALL EDUCATIONAL EXPERIENCE AT WAKEFIELD HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3
PROMOTING ROWING - THE ORGANIZATION TAUGHT OVER 90 STUDENTS HOW TO ROW DURING THE 2023 SPRING SEASON. CURRENTLY, THE ORGANIZATION HAS ALUMNI WHO ARE ROWING IN MORE THAN 12 COLLEGES/UNIVERSITIES.
COMPETITION - THE ORGANIZATION HAD OVER 90 ROWERS WHO WERE ABLE TO PARTICIPATE IN A STANDARD REGATTA SEASON IN THE SPRING OF 2023, WHICH CULMINATED IN A VIRGINIA STATE CHAMPIONSHIP WIN FOR THE VARSITY WOMENS BOAT.
SCHOLARSHIPS - THE ORGANIZATION GAVE COMPLETE OR PARTIAL SCHOLARSHIPS (IN THE FORM OF REDUCED DUES/FEES) TO 15 STUDENTS, ESTIMATED AT $8,400
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Evans Secretary | 7 | $0 | |
Michael Kim Vice President | 7 | $0 | |
Jessica Lenard Vice President | 7 | $0 | |
Ed Hasecke Treasurer | 7 | $0 | |
Caroline Duall Vice President | 7 | $0 | |
Karen Kaldahl Vice President | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,352 |
| Total Program Service Revenue | $57,098 |
| Membership dues | $0 |
| Investment income | $10,250 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,232 |
| Other Revenue | $803 |
| Total Revenue | $183,397 |
| 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 | $64,513 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $860 |
| Other expenses | $149,253 |
| Total expenses | $214,626 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,096 |
| Other assets | $0 |
| Total assets | $113,659 |
| Total liabilities | $29,262 |
| Net assets or fund balances | $84,397 |