Skip to content

New Jersey · Nonprofit

NEW YORK HARBOR SAILING FOUNDATION INC

NEW YORK HARBOR SAILING FOUNDATION INC (New Jersey) receives grants from 5 organizations whose IRS filings report $7,261 to it, the largest being BRISTOL-MYERS SQUIBB FOUNDATION INC ($2,000). 2 of them have funded it in more than one year.

Revenue FY2024
$258k
Funders on record
5
Grants received
$7k
Net assets
$87k
2/5 repeat funderspeak grant-dependency 0%
01What it does

What New York Harbor Sailing Foundation Inc does

Mission

To foster amateur sailing of national and international importance in new york harbor

As stated on its FY2024 Form 990.

Programs

  1. Operation optimist - a youth training program in new york harbor using internationally recognized optimist class dinghies. 10 week program with 25 kids per week. Some kids do 1 week, some two, etc. And some all summer. In 2024 there were 35 total participants.

    $146,084 spent$153,419 earned by the program
    39% of program spending
  2. America's cup 12 meter "america ii" - operated this historic vessel in new york harbor as a symbol of the harbor's growth and resurgence fostered by our foundation. In 2024, 200 supporters of the organization got to sail on the america ii to view the harbor's development.

    $231,907 spent
    61% of program spending
  3. 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 race on one of the boats.

    $470 spent
    0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $378,461.

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 ($897k) Expenses 100 ($736k) Net assets 100 ($366k)2018 Revenue 57 ($514k) Expenses 68 ($500k) Net assets 104 ($379k)2019 Revenue 63 ($567k) Expenses 81 ($596k) Net assets 96 ($350k)2020 Revenue 14 ($125k) Expenses 30 ($217k) Net assets 71 ($258k)2024 Revenue 29 ($258k) Expenses 53 ($387k) Net assets 24 ($87k)
20172018201920202024
Revenue (29)Expenses (53)Net assets (24)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 2019 to 2020, from $350k to $258k (−26%).

$366k
$379k
$350k
$258k
$107k
20172018201920202024
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
2024
ContributionsProgram revenueInvestmentOther

49% of NEW YORK HARBOR SAILING FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$161k
’17
$14k
’18
−$30k
’19
−$92k
’20
−$129k
’24
0.9
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.

Board chair

James Cavanaugh

Chairman

As listed on its FY2024 Form 990.

20172018201920202024
Listed33444
Joined·+0+1+1·
No longer listed·001·
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $11 → $1k.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 NEW YORK HARBOR SAILING FOUNDATION 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

NEW YORK HARBOR SAILING FOUNDATION INC leans on a few funders — its largest provides 28% of grant income and the top three 79%; half comes from just 2 funders.

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

28%
largest funder
79%
top three
~4
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 99% · 2023 98% — broadly stable.

“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

NEW YORK HARBOR SAILING FOUNDATION INC draws 72% of its grant income from funders outside New Jersey, across 2 states in all.

NY
NJ

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

’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $51 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

NEW YORK HARBOR SAILING FOUNDATION INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin−50% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)−16% · bottom quartile

this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024

Organizations like NEW YORK HARBOR SAILING FOUNDATION 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 Jersey

Nationally

05Profile & governance

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

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

4
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 NEW YORK HARBOR SAILING FOUNDATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 NEW YORK HARBOR SAILING FOUNDATION INC?
NEW YORK HARBOR SAILING FOUNDATION INC (New Jersey) receives grants from 5 organizations whose IRS filings report $7,261 to it, the largest being BRISTOL-MYERS SQUIBB FOUNDATION INC ($2,000). 2 of them have funded it in more than one year.
How many funders does NEW YORK HARBOR SAILING FOUNDATION INC have?
IRS filings report 5 organizations giving $7,261 in grants to NEW YORK HARBOR SAILING FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of NEW YORK HARBOR SAILING FOUNDATION INC?
BRISTOL-MYERS SQUIBB FOUNDATION INC is the largest funder on record, with $2,000 in grants. The full list of funders is on this page.
How can an organization like NEW YORK HARBOR SAILING FOUNDATION INC 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 New York Harbor Sailing →

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 5 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