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New York · Nonprofit

BROOKLYN BOATWORKS INC

BROOKLYN BOATWORKS INC (New York) receives grants from 35 organizations whose IRS filings report $1,758,886 to it, the largest being SPARKYOUTH NYC INC ($517,288). 17 of them have funded it in more than one year.

Revenue FY2025
$927k
Funders on record
35
Grants received
$1.8M
Net assets
$449k
17/35 repeat funderspeak grant-dependency 45%
01What it does

What Brooklyn Boatworks Inc does

Mission

To encourage, inspire and empower young people through the unique craft of wooden boatbuilding and on-the-water experiences.

As stated on its FY2025 Form 990.

Program

  1. Brooklyn boatworks worked with 328 youth spanning 5th to 11th grades. The organization oversaw 14 boat builds across seven different schools in new york city. Within each class, students collaborated on crafting a 7'6" optimist pram sailboat, using wooden materials and basic hand tools. Students learned basic construction and tool skills, applied measurement and estimation, local waterway geography, nautical chart reading, buoyancy, and the physics of sailing. Brooklyn boatworks emphasizes cooperation, perseverance, craftsmanship, and experiential learning. To culminate the school year, students celebrated their achievements through an impressive boat launch and regatta. Additionally, the youth were actively involved in various activities, field trips, and a sailing camp. Throughout all of brooklyn boatworks's endeavors, the focus remained on promoting stem and maritime-centered education, hands-on learning, and nurturing healthy social-emotional development.

    $565,957 spent$286,787 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $565,957.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($243k) Expenses 100 ($230k) Net assets 100 ($106k)2018 Revenue 147 ($357k) Expenses 154 ($353k) Net assets 104 ($110k)2019 Revenue 214 ($520k) Expenses 207 ($476k) Net assets 146 ($155k)2020 Revenue 221 ($536k) Expenses 220 ($505k) Net assets 175 ($186k)2021 Revenue 255 ($619k) Expenses 212 ($486k) Net assets 300 ($319k)2022 Revenue 258 ($628k) Expenses 285 ($654k) Net assets 276 ($293k)2023 Revenue 369 ($896k) Expenses 354 ($813k) Net assets 354 ($376k)2024 Revenue 296 ($720k) Expenses 339 ($779k) Net assets 298 ($317k)2025 Revenue 381 ($927k) Expenses 346 ($795k) Net assets 422 ($449k)
'17'18'19'20'21'22'23'24'25
Revenue (381)Expenses (346)Net assets (422)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $266k to $424k (+59%).

$113k
$125k
$175k
$266k
$424k
$344k
$433k
$415k
$554k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 5% · 2018 3% · 2019 4% · 2020 6% · 2021 13% · 2022 14% · 2023 19% · 2024 4% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

58% of BROOKLYN BOATWORKS INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$13k
’17
$4k
’18
$45k
’19
$32k
’20
$133k
’21
−$26k
’22
$83k
’23
−$59k
’24
$132k
’25
3.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Margaretmary Mcnicholas

Executive director

Board chair

Sean Young

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed101212131617161515
Joined·+2+2+1+4+2+3+0+0
No longer listed·02011410
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 16 funders, grant income rose $17k → $370k.

10 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BROOKLYN BOATWORKS INC’s funders (the co-funder graph). Top 30 of 35 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BROOKLYN BOATWORKS INC has a broad base — no single funder exceeds 29% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BROOKLYN BOATWORKS INC.

29%
largest funder
48%
top three
~8
effective funders

Largest funder’s share by year: 2017 59% · 2018 74% · 2019 66% · 2020 35% · 2021 29% · 2022 35% · 2023 23% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of BROOKLYN BOATWORKS INC's funders are still giving 3 years after their first grant; 49% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

72% of BROOKLYN BOATWORKS INC's grant income comes from New York funders.

NH
IL
NY
PA
NJ
CT
CA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $506k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BROOKLYN BOATWORKS INC runs a healthier operating margin than half of the 16,849 education nonprofits its size.

Operating margin14% · above the median
Months of reserve3.1mo · below the median
Revenue growth (annualized)18% · above the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like BROOKLYN BOATWORKS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 11%Fundraising 18%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

93%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for BROOKLYN BOATWORKS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BROOKLYN BOATWORKS INC?
BROOKLYN BOATWORKS INC (New York) receives grants from 35 organizations whose IRS filings report $1,758,886 to it, the largest being SPARKYOUTH NYC INC ($517,288). 17 of them have funded it in more than one year.
How many funders does BROOKLYN BOATWORKS INC have?
IRS filings report 35 organizations giving $1,758,886 in grants to BROOKLYN BOATWORKS INC, 17 of which have funded it in more than one year.
Who is the largest funder of BROOKLYN BOATWORKS INC?
SPARKYOUTH NYC INC is the largest funder on record, with $517,288 in grants. The full list of funders is on this page.
How can an organization like BROOKLYN BOATWORKS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Brooklyn Boatworks →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 35 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing