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Rhode Island · Nonprofit

Catboat Association Inc

Catboat Association Inc (Rhode Island) receives grants from 2 organizations whose IRS filings report $396 to it, the largest being THE JENSEN FAMILY FOUNDATION ($265). 2 of them have funded it in more than one year.

Revenue FY2025
$54k
Funders on record
2
Grants received
$396
Net assets
$18k
2/2 repeat funderspeak grant-dependency 0%
01What it does

What Catboat Association Inc does

Mission

Historical and Educational

As stated on its FY2025 Form 990-EZ.

Programs

  1. Catboat Association Bulletins (3 Issues Annually)Historical Documentation & Educational Articles; Annual Membership Yearbook

    $21,817 spent
    48% of program spending
  2. Publication of Educational Books, Journal Design andVideo, Educational Seminars at Annual Meeting

    $24,058 spent
    52% of program spending
  3. Gifts and Donations to Museums for the Care andMaintenance of Historical Catboats, Exhibits & Research

    $0 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990-EZ. Program spending in total: $45,875.

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 ($38k) Expenses 100 ($52k) Net assets 100 ($32k)2018 Revenue 189 ($72k) Expenses 109 ($57k) Net assets 148 ($47k)2020 Revenue 160 ($61k) Expenses 116 ($60k) Net assets 117 ($38k)2021 Revenue 123 ($47k) Expenses 76 ($39k) Net assets 141 ($45k)2022 Revenue 152 ($58k) Expenses 130 ($68k) Net assets 108 ($34k)2023 Revenue 154 ($59k) Expenses 129 ($67k) Net assets 82 ($26k)2024 Revenue 164 ($63k) Expenses 141 ($73k) Net assets 48 ($15k)2025 Revenue 141 ($54k) Expenses 100 ($52k) Net assets 55 ($18k)
'17'18'20'21'22'23'24'25
Revenue (141)Expenses (100)Net assets (55)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 2017 to 2018, from $32k to $48k (+47%).

$32k
$48k
$38k
$46k
$35k
$26k
$16k
$18k
'17'18'20'21'22'23'24'25
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
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

17% of Catboat Association Inc’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$14k
’17
$15k
’18
$806
’20
$8k
’21
−$9k
’22
−$8k
’23
−$11k
’24
$2k
’25
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $34 → $99.

Funder
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
2
2
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% 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 Catboat Association Inc’s funders (the co-funder graph). 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

Catboat Association Inc leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

33% 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 Catboat Association Inc.

67%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 78% · 2023 76% — 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.

Where its funders are

Catboat Association Inc draws 100% of its grant income from funders outside Rhode Island, across 1 state in all.

WI

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

’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $131 arriving through sponsors registered in 1 state 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

Catboat Association Inc runs a healthier operating margin than half of the 9,557 recreation & sports nonprofits its size.

Operating margin4% · above the median
Revenue growth (annualized)4% · above the median

this organization peer median middle 50% of peers· 9,557 recreation & sports nonprofits under $100k, FY2025

Organizations like Catboat Association 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 Rhode Island

Nationally

05Profile & governance

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

Public support

100%

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

Screen this organization

A dated, signed PDF of the compliance screen for Catboat Association 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 Catboat Association Inc?
Catboat Association Inc (Rhode Island) receives grants from 2 organizations whose IRS filings report $396 to it, the largest being THE JENSEN FAMILY FOUNDATION ($265). 2 of them have funded it in more than one year.
How many funders does Catboat Association Inc have?
IRS filings report 2 organizations giving $396 in grants to Catboat Association Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Catboat Association Inc?
THE JENSEN FAMILY FOUNDATION is the largest funder on record, with $265 in grants. The full list of funders is on this page.
How can an organization like Catboat Association Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. 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 Catboat Association →

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 2 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