New Jersey · Nonprofit
PRINCETON NATIONAL ROWING ASSOCIATION
PRINCETON NATIONAL ROWING ASSOCIATION (New Jersey) receives grants from 13 organizations whose IRS filings report $311,160 to it, the largest being GORDON & LLURA GUND 1993 CHARITABLE FOUNDATION ($250,000). 8 of them have funded it in more than one year.
- Revenue FY2025
- $5.1M
- Funders on record
- 13
- Grants received
- $311k
- Net assets
- $7.6M
What Princeton National Rowing Association does
Mission
The mission of Princeton National Rowing Association is to provide a venue where athletes of all ages, talents and backgrounds have the opportunity to develop their rowing abilities to their highest potential.Core Implementation Principles1) Maintaining and constantly seeking to improve one of the nation's premier rowing venues.2) Providing a world class training facility for all PNRA constituents including Olympic and elite team members,local students and Masters rowers.3) Promoting opportunities for area youth to excel in the sport of rowing.4) Conducting top level regattas and events5) Supporting community development across greater Mercer County through targeted rowing programs.
As stated on its FY2025 Form 990.
Programs
The Princeton National Rowing Association (PNRA) operates the Mercer Junior Rowing Club which provides opportunities for 200 student athletes from over 30 area high schools to benefit from the structure, discipline and exercise of rowing. The Mercer Junior Rowing Club competes locally, nationally, and internationally. As part of its mission, PNRA works with local community groups and Trenton area schools to enable student athletes from the urban Trenton area to benefit from the sport of rowing. These outreach activities include dedicated programs for middle school students and integrating high school age students into the Mercer Junior Rowing Program. PNRA's outreach activities include integrating rowing as a part of the physical education curriculum in the schools, the Swim to Row Program, a STEM to Stern Program, Capital Area Indoor Rowing League and partnering with other community groups.
$1,128,190 spent$1,102,768 earned by the program74% of program spendingPrinceton National Rowing Association operates summer camps out of the Caspersen Rowing Facility. The camps include learning to row day camps designed to introduce youth to the sport of rowing.
$80,326 spent$133,149 earned by the program5% of program spendingPrinceton National Rowing Association hosts numerous rowing regattas throughout the year, drawing teams from around the country to compete. Competitions include local junior regattas,collegiate and national championship regattas and national team selection events. Mercer County Park and Mercer Lake with the infrastructure installed and maintained by Princeton National Rowing Association is recognized as one of the premiere rowing venues in the United States. The Princeton National Rowing Association also runs indoor rowing competitions.
$273,686 spent$435,901 earned by the program18% of program spendingAs an official USRowing National Team training site, Princeton National Rowing Association provides a home for the selection and training of the United States Rowing Association's national team which represents the United States in international competition including the Olympics. The majority of the US Rowing National Team selection events occur on Mercer Lake and are hosted by the Princeton National Rowing Association.
$9,066 spent$80,000 earned by the program1% of program spendingPrinceton National Rowing Association operates the Mercer Masters Rowing which provides rowing and sculling opportunities to adults ranging from learn to row to competitive rowing and an adult summer rowing league. PNRA also conducts adult rowing outreach activities for the greater Trenton area.
$42,002 spent$75,795 earned by the program3% of program spending
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,533,270.
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 2024 to 2025, from $4.6M to $7.7M (+70%).
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 17% · 2022 7%. Grants only. Government contracts and fees sit inside program revenue.
63% of PRINCETON NATIONAL ROWING ASSOCIATION’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 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.
Chief executive
Kristopher Grudt
Executive director/secretary
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $52k → $6k.
3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% 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 PRINCETON NATIONAL ROWING ASSOCIATION’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
PRINCETON NATIONAL ROWING ASSOCIATION leans on a few funders — its largest provides 80% of grant income and the top three 91%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 97% · 2018 100% · 2019 98% · 2020 92% · 2021 89% · 2022 47% · 2023 86% — 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
50% of PRINCETON NATIONAL ROWING ASSOCIATION's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
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
PRINCETON NATIONAL ROWING ASSOCIATION draws 94% of its grant income from funders outside New Jersey, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $14k 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.
Against its field
PRINCETON NATIONAL ROWING ASSOCIATION runs a healthier operating margin than three-quarters of the 1,623 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 1,623 recreation & sports nonprofits $1M–$10M, FY2025
Organizations like PRINCETON NATIONAL ROWING ASSOCIATION
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
92% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 3 states
Screen this organization
A dated, signed PDF of the compliance screen for PRINCETON NATIONAL ROWING ASSOCIATION: 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 PRINCETON NATIONAL ROWING ASSOCIATION?
- PRINCETON NATIONAL ROWING ASSOCIATION (New Jersey) receives grants from 13 organizations whose IRS filings report $311,160 to it, the largest being GORDON & LLURA GUND 1993 CHARITABLE FOUNDATION ($250,000). 8 of them have funded it in more than one year.
- How many funders does PRINCETON NATIONAL ROWING ASSOCIATION have?
- IRS filings report 13 organizations giving $311,160 in grants to PRINCETON NATIONAL ROWING ASSOCIATION, 8 of which have funded it in more than one year.
- Who is the largest funder of PRINCETON NATIONAL ROWING ASSOCIATION?
- GORDON & LLURA GUND 1993 CHARITABLE FOUNDATION is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
- How can an organization like PRINCETON NATIONAL ROWING ASSOCIATION 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 Princeton National Rowing 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 13 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