Public Charity

NEW YORK HARBOR SAILING FOUNDATION INC C/O MANHATTAN YACHT CLUB

NEW YORK HARBOR SAILING FOUNDATION INC C/O MANHATTAN YACHT CLUB, of JERSEY CITY, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $258K in revenue, $387K in expenses, $107K in total assets.

EIN: 133753257 JERSEY CITY, NJ Swimming & Other Water Recreation NTEE: N67 Latest filing: 2024
Total Revenue$258K
Total Expenses$387K
Total Assets$107K
Grant Records0
Filing Years2017–2024

Mission

TO FOSTER AMATEUR SAILING OF NATIONAL AND INTERNATIONAL IMPORTANCE IN NEW YORK HARBOR

Where $100 goes at New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club

How New York Harbor Sailing Foundation Inc C/O Manhattan Yacht Club divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$59
America's cup 12 meter "america ii"
61% of program spending
$37
Operation optimist
39% of program spending · Reported in the filing: 35 participants
<$1
12 meter regatta was a weekend event in which the 12 meters raced against each other and 12 people (per boat) were allowed to buy a ticket to…
0% of program spending · Reported in the filing: 12 people
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

CHAIRMAN James Cavanaugh
TREASURER Michael Duran
PRESIDENT Michael Fortenbaugh
SECRETARY Scott Curtis

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $258K $387K $107K
2020 $125K $217K $258K
2019 $567K $596K $350K
2018 $514K $500K $379K
2017 $897K $736K $366K

Between 2017 and 2024, reported annual revenue declined from $897K to $258K (-71%), with total assets most recently reported at $107K.

Interactive year-over-year charts and full filing details available with membership.

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