J&j Rowing Club
- Assets
- $17.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgewater, NJ
- Founding
- 01/2020
- Data as of
- 12/2020
- EIN
- 82-3911579
Organization Overview
J&j Rowing Club is located in Bridgewater, NJ. The organization was established in 2020. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. J&j Rowing Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2020, J&j Rowing Club generated $27.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $21.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (38.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Whiting President | 2.5 | $0 | |
Mark Grady Vice Preside | 2.5 | $0 | |
Martin Quinn Treasurer | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,169 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,169 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,159 |
| Total expenses | $21,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,007 |
| Other assets | $0 |
| Total assets | $17,007 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,007 |
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