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Maryland · Nonprofit

TBC-RACING INC

TBC-RACING INC (Maryland) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being THE HUISKING FOUNDATION INC ($6,000). 1 of them have funded it in more than one year.

Revenue FY2024
$1.4M
Funders on record
1
Grants received
$6k
Net assets
$190k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Tbc-Racing Inc does

Mission

Tbc-racing is a volunteer directed, nonprofit, educational organization offering rowing instruction to people of all ages, income and levels of physical ability. It shall support and provide access to amateur rowing programs in the metropolitan washington, dc area.

As stated on its FY2024 Form 990.

Program

  1. Rowing programs to deliver educational instructional programs in the sport of rowing to youth and young adults in the washington, dc metro area.

    $1,405,436 spent$1,365,795 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,405,436.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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 = 20222022 Revenue 100 ($1.1M) Expenses 100 ($951k) Net assets 100 ($142k)2023 Revenue 111 ($1.2M) Expenses 124 ($1.2M) Net assets 119 ($169k)2024 Revenue 131 ($1.4M) Expenses 148 ($1.4M) Net assets 134 ($190k)
202220232024
Revenue (131)Expenses (148)Net assets (134)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 2022 to 2023, from $213k to $353k (+66%).

$213k
$353k
$342k
202220232024
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.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

4% of TBC-RACING INC’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 2,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$142k
’22
$36k
’23
$21k
’24
0.0
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

Charles M Russell

Chairman

As listed on its FY2024 Form 990.

202220232024
Listed444
Joined·+0+0
No longer listed·00
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
1
1

From the IRS filings of TBC-RACING 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.

Where its funders are

TBC-RACING INC draws 100% of its grant income from funders outside Maryland, across 1 state in all.

NC

Funder states come from each funder’s own filing. 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

TBC-RACING INC has grown faster than half of the 2,728 recreation & sports nonprofits its size.

Operating margin2% · below the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 2,728 recreation & sports nonprofits $1M–$10M, FY2024

Organizations like TBC-RACING 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 Maryland

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

5
board members
20%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

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 TBC-RACING 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 TBC-RACING INC?
TBC-RACING INC (Maryland) receives grants from 1 organization whose IRS filings report $6,000 to it, the largest being THE HUISKING FOUNDATION INC ($6,000). 1 of them have funded it in more than one year.
How many funders does TBC-RACING INC have?
IRS filings report 1 organization giving $6,000 in grants to TBC-RACING INC, 1 of which have funded it in more than one year.
Who is the largest funder of TBC-RACING INC?
THE HUISKING FOUNDATION INC is the largest funder on record, with $6,000 in grants. The full list of funders is on this page.
How can an organization like TBC-RACING INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 Tbc-Racing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 1 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