New Jersey · Nonprofit
NEREID BOAT CLUB
NEREID BOAT CLUB (New Jersey) receives grants from 6 organizations whose IRS filings report $336,723 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($133,700). 6 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $989k
- Funders on record
- 6
- Grants received
- $337k
- Net assets
- $1.2M
What Nereid Boat Club does
Mission
To engage in and promote the healthful exercise of rowing, to improve and perfect physical education and social intercourse among its members, to promote and improve the environmental condition of the passaic river and to contribute to the quality of life of the community in which the organization is located.
As stated on its FY2024 Form 990.
Programs
Youth rowing program: promote youth rowing by reaching out to local high schools through learn to row programs and engage youth rowers into competitive rowing.
$691,393 spent$751,570 earned by the program95% of program spendingMasters rowing: promote rowing to adults at all levels of fitness, beginners, intermediate and competitive rowing.
$38,849 spent$31,910 earned by the program5% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $730,242.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.3M to $1.5M (+13%).
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.
Government-grant reliance: 2021 3%. Grants only. Government contracts and fees sit inside program revenue.
19% of NEREID BOAT CLUB’s revenue is contributions — more donation-reliant than the typical peer (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $6k → $45k.
5 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 91% 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 NEREID BOAT CLUB’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
NEREID BOAT CLUB leans on a few funders — its largest provides 40% of grant income and the top three 87%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% 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 NEREID BOAT CLUB.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 52% · 2021 100% · 2022 100% · 2023 50% — 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
91% of NEREID BOAT CLUB's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $31k that is directly attributable, 100% of it comes from funders outside New Jersey, across 1 state.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $306k arriving through sponsors registered in 5 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.
Against its field
NEREID BOAT CLUB runs a healthier operating margin than three-quarters of the 15,537 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 15,537 recreation & sports nonprofits $100k–$1M, FY2024
Government funding NEREID BOAT CLUB receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $207k on record.
- DEDICATED$206k
- DIRECT STATE SERVICES - NON-SALARY$620
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NEREID BOAT CLUB
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 Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for NEREID BOAT CLUB: 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.
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 NEREID BOAT CLUB?
- NEREID BOAT CLUB (New Jersey) receives grants from 6 organizations whose IRS filings report $336,723 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($133,700). 6 of them have funded it in more than one year, and 91% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NEREID BOAT CLUB have?
- IRS filings report 6 organizations giving $336,723 in grants to NEREID BOAT CLUB, 6 of which have funded it in more than one year.
- Who is the largest funder of NEREID BOAT CLUB?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $133,700 in grants. The full list of funders is on this page.
- How can an organization like NEREID BOAT CLUB find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 Nereid Boat Club →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 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 22, 2026. What this page cannot tell you · view filing