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Connecticut · Nonprofit

Friends of Greenwich Crew Inc

Friends of Greenwich Crew Inc (Connecticut) receives grants from 7 organizations whose IRS filings report $114,680 to it, the largest being Frascella Family Foundation Corp ($49,500). 3 of them have funded it in more than one year.

Revenue FY2025
$190k
Funders on record
7
Grants received
$115k
Net assets
$238k
3/7 repeat funderspeak grant-dependency 14%
01What it does

What Friends of Greenwich Crew Inc does

Mission

To provide support and scholarships to the Greenwich Crew student-athletes

As stated on its FY2025 Form 990.

Programs

  1. Provide scholarships to qualified recipients who would not be able to participate in Greenwich Crew without financial assistance.

    $137,910 spentof which $137,910 as grants
    63% of program spending
  2. Supporting Greenwich Crew by providing supplies and volunteers to help out at the crew teams regattas - providing and preparing food, chaperoning trips and other duties to support the coaches and participants

    $68,609 spent
    32% of program spending
  3. Facilities, Equipment and Supplies - Provide facilities, equipment and supplies for the teams.

    $6,104 spent
    3% of program spending
  4. Program Service Expenses 5,049, Grants and allocations 0, Revenue 0 Parent Social and Team Dinner - To gather the parents of the student-athletes to meet and discuss the program. There, the parents learn more about the program, as well as coordinate carpools and volunteer activities, etc.

    $5,049 spent
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $217,672.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($166k) Expenses 100 ($61k) Net assets 100 ($157k)2020 Revenue 45 ($74k) Expenses 68 ($42k) Net assets 121 ($189k)2021 Revenue 38 ($62k) Expenses 95 ($58k) Net assets 124 ($193k)2022 Revenue 96 ($159k) Expenses 158 ($97k) Net assets 164 ($256k)2023 Revenue 104 ($174k) Expenses 251 ($154k) Net assets 176 ($276k)2024 Revenue 129 ($215k) Expenses 350 ($215k) Net assets 177 ($276k)2025 Revenue 114 ($190k) Expenses 373 ($228k) Net assets 152 ($238k)
2019202020212022202320242025
Revenue (114)Expenses (373)Net assets (152)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 2021 to 2022, from $193k to $256k (+32%).

$157k
$189k
$193k
$256k
$276k
$276k
$238k
2019202020212022202320242025
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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

49% of Friends of Greenwich Crew Inc’s revenue is contributions — about as donation-reliant as 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. 1 of the last 7 reported years ran a deficit.

$105k
’19
$33k
’20
$4k
’21
$63k
’22
$20k
’23
$436
’24
−$38k
’25
13
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.

202320242025
Listed3310
Joined·+3+8
No longer listed·31
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $18k.

3 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% 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 Friends of Greenwich Crew 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

Friends of Greenwich Crew Inc leans on a few funders — its largest provides 43% of grant income and the top three 82%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44% 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 Friends of Greenwich Crew Inc.

43%
largest funder
82%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2019 75% · 2020 97% · 2021 100% · 2022 57% · 2023 94% — 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

84% of Friends of Greenwich Crew Inc's grant income comes from Connecticut funders.

NY
CT

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

’18
’19
’20
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $51k arriving through sponsors registered in 3 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

Friends of Greenwich Crew Inc is better cushioned than half of the 16,849 education nonprofits its size.

Operating margin−20% · bottom quartile
Months of reserve12.5mo · above the median
Revenue growth (annualized)2% · below the median

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

Organizations like Friends of Greenwich Crew 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 Connecticut

Nationally

05Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

98%

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 Friends of Greenwich Crew 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 Friends of Greenwich Crew Inc?
Friends of Greenwich Crew Inc (Connecticut) receives grants from 7 organizations whose IRS filings report $114,680 to it, the largest being Frascella Family Foundation Corp ($49,500). 3 of them have funded it in more than one year.
How many funders does Friends of Greenwich Crew Inc have?
IRS filings report 7 organizations giving $114,680 in grants to Friends of Greenwich Crew Inc, 3 of which have funded it in more than one year.
Who is the largest funder of Friends of Greenwich Crew Inc?
Frascella Family Foundation Corp is the largest funder on record, with $49,500 in grants. The full list of funders is on this page.
How can an organization like Friends of Greenwich Crew Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. 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 Friends of Greenwich Crew →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 7 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