Totals
- Total revenue
- $720,171
- Total expenses
- $779,283
- Contributions and grants received
- $454,003
- Grants paid
- $0
- Program service revenue
- $274,950
- Investment income
- $11
- Other revenue
- -$8,793
- Total assets, end of year
- $414,792
- Total liabilities, end of year
- $98,066
- Net assets or fund balances, end of year
- $316,726
- Program services expenses (Part IX)
- $544,950
- Management and general expenses
- $93,294
- Fundraising expenses
- $141,039
- Program service expenses (Part III)
- $544,950
Program services were 69.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$125,640
-
1e · Government grants (contributions)
$27,500
-
1f · All other contributions, gifts and grants
$300,863
-
2a · Program service revenue: BOAT BUILDING AND SAIL
total $274,950 · related or exempt $274,950
-
3 · Investment income
total $11 · excluded $11
-
8a · Fundraising events: gross income
$15,826
-
8a · Fundraising events: contributions included on line 1c
$125,640
-
8b · Fundraising events: direct expenses
$24,619
-
8c · Net income from fundraising events
total -$8,793 · excluded -$8,793
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $157,797 · program services $110,458 · management and general $31,559 · fundraising $15,780
-
7 · Other salaries and wages
total $316,629 · program services $281,867 · management and general $16,521 · fundraising $18,241
-
8 · Pension plan contributions
total $3,000 · program services $2,481 · management and general $304 · fundraising $215
-
9 · Other employee benefits
total $18,135 · program services $14,997 · management and general $1,838 · fundraising $1,300
-
10 · Payroll taxes
total $45,852 · program services $37,917 · management and general $4,647 · fundraising $3,288
-
11c · Fees: accounting
total $10,241 · management and general $10,241
-
11e · Fees: professional fundraising services
total $89,400 · fundraising $89,400
-
11g · Fees: other
total $40,166 · program services $29,528 · management and general $427 · fundraising $10,211
-
13 · Office expenses
total $15,894 · program services $4,372 · management and general $11,317 · fundraising $205
-
14 · Information technology
total $5,776 · management and general $5,312 · fundraising $464
-
16 · Occupancy
total $26,992 · program services $22,324 · management and general $2,733 · fundraising $1,935
-
17 · Travel
total $2,217 · program services $2,217
-
19 · Conferences, conventions and meetings
total $3,923 · program services $3,923
-
23 · Insurance
total $8,395 · management and general $8,395
-
24a · Other expenses: PROGRAM MATERIALS AND S
total $30,866 · program services $30,866
-
24b · Other expenses: FIELD TRIPS
total $4,000 · program services $4,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $171,222 · end of year $14,576
-
2 · Savings and temporary cash investments
beginning of year $112,399 · end of year $32,408
-
3 · Pledges and grants receivable
beginning of year $122,236 · end of year $126,000
-
4 · Accounts receivable
beginning of year $17,500 · end of year $239,814
-
15 · Other assets
beginning of year $9,955 · end of year $1,994
-
17 · Accounts payable and accrued expenses
beginning of year $25,048 · end of year $74,314
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $23,752
-
25 · Other liabilities
beginning of year $32,426 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $345,838 · end of year $223,226
-
28 · Net assets with donor restrictions
beginning of year $30,000 · end of year $93,500
Mission and programs · 2023
Mission
TO ENCOURAGE, INSPIRE AND EMPOWER YOUNG PEOPLE THROUGH THE UNIQUE CRAFT OF WOODEN BOATBUILDING AND ON-THE-WATER EXPERIENCES.
Activities or mission (Part I)
TO SUPPORT POSITIVE YOUTH DEVELOPMENT AND BUILD LEADERSHIP SKILLS THROUGH TEACHING THE CRAFT OF TRADITIONAL WOODEN BOAT BUILDING, SAILING, AND RESPECT FOR THE URBAN ENVIRONMENT.
-
BROOKLYN BOATWORKS WORKED WITH 354 YOUTH SPANNING 5TH TO 11TH GRADES. THE ORGANIZATION OVERSAW 15 BOAT BUILDS ACROSS SEVEN DIFFERENT SCHOOLS IN NEW YORK CITY. WITHIN EACH CLASS, STUDENTS COLLABORATED ON CRAFTING A 7'6" OPTIMIST PRAM SAILBOAT, USING WOODEN MATERIALS AND BASIC HAND TOOLS. STUDENTS LEARNED BASIC CONSTRUCTION AND TOOL SKILLS, APPLIED MEASUREMENT AND ESTIMATION, LOCAL WATERWAY GEOGRAPHY, NAUTICAL CHART READING, BUOYANCY, AND THE PHYSICS OF SAILING. BROOKLYN BOATWORKS EMPHASIZES COOPERATION, PERSEVERANCE, CRAFTSMANSHIP, AND EXPERIENTIAL LEARNING. TO CULMINATE THE SCHOOL YEAR, STUDENTS CELEBRATED THEIR ACHIEVEMENTS THROUGH AN IMPRESSIVE BOAT LAUNCH AND REGATTA. ADDITIONALLY, THE YOUTH WERE ACTIVELY INVOLVED IN VARIOUS ACTIVITIES, FIELD TRIPS, AND A SAILING CAMP. THROUGHOUT ALL OF BROOKLYN BOATWORK'S ENDEAVORS, THE FOCUS REMAINED ON PROMOTING STEM AND MARITIME-CENTERED EDUCATION, HANDS-ON LEARNING, AND NURTURING HEALTHY SOCIAL-EMOTIONAL DEVELOPMENT.
Expenses $544,950 · Revenue $274,950
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sean YoungSEAN YOUNG
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Navin JhamnaNAVIN JHAMNA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer PotterJENNIFER POTTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Peter GuyPETER GUY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephan ForstmannSTEPHAN FORSTMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Abigail Van StraatenABIGAIL VAN STRAATEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Glen MiddletonGLEN MIDDLETON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joyce GoodmanJOYCE GOODMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy WurmfeldJEREMY WURMFELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce KaminsteinBRUCE KAMINSTEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Raphael DavisRAPHAEL DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carl Persak IIICARL PERSAK III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Malkie SchwartzMALKIE SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maria Francisca MayobreMARIA FRANCISCA MAYOBRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Margaretmary McNicholasMARGARETMARY MCNICHOLAS
EXECUTIVE DIRECTOR
- Total calculated
- $165,904
- From this org
- $157,404
- From related orgs
- $0
- Other
- $8,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,404
- Bonus
- $0
- Other
- $0
- Deferred
- $8,500
- Nontaxable benefits
- $0
- Filer's total
- $165,904
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541359349304774
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