Wakefield Crew Boosters

EIN 80-0507256 Public charity (501(c)(3)) Arlington, VA NTEE N67
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Revenue & expenses by yearFY2021–FY2025
Revenue
$214K
FY2025▲ +17%
Expenses
$163K
FY2025▼ -17%

Form 990 for the fiscal year ending July 2025 (IRS tax year 2024).


Offers students a rewarding team sport, developing rowing skills and competitive challenges. For fiscal year 2025 it reported $214K in revenue, $163K in expenses, and $135K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Arlington, VA
Website
www.wakefieldcrew.org
Filings
5 on file (2021–2025)
Revenue
$214KFY2025
Expenses
$163K
Net assets
$135K
People
11
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Provided by the organization

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Size
$100K–1M
What they do
Offers students a rewarding team sport, developing rowing skills and competitive challenges.
Leadership
Anne Spiggle · President
Money in and out
$214K revenue, $163K expenses
Bottom line
91% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Foundation funders?

good 1 funder — Amazonsmile Foundation

$141 in the latest grant year. Details →

Spent on programs?

good 91% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

↑ +17% vs prior year Details →

Where the money goes · FY2025
Total revenue
$214K
Pt VIII · Ln 12
Total expenses
$163K
Pt IX · Ln 25
Net assets
$135K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $51K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
7.6mo
months of highly liquid reserves at operating expense rate▲ +90% vs prior filing year
Surplus margin
+24%
revenue over expenses, this year▲ +239% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$135K
FY2025▼ -21%
Total liabilities
$0
FY2025▼ -100%
Revenue less expensesPt I · Ln 19$51K
Total assetsPt X · Ln 16$135K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CWakefield Crew Boosters
EINHdr · item D80-0507256
Principal addressHdr · item CArlington, VA
WebsiteHdr · item Jwww.wakefieldcrew.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N67)
Ruling yearIRS BMFOct 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $148K of program spending, described in the organization's own filed words · FY2024.
01

Promoting Rowing

The organization taught over 68 students how to row during the 2025 spring season. Currently, the organization has alumni who are rowing in more than 12 colleges and universities.

$100Kprogram expense
02

Competition

The organization had over 68 rowers who were able to participate in a standard regatta season in the spring of 2025, which culminated in a virginia state championship win for our first varsity women's boat and second place wins for the second varsity men's and women's teams.

$36Kprogram expense
03

Outreach and Development

The organization offered one spring break learn to row camp and three summer learn to row camps in spring and summer of 2025. Additionally, twelve camps were offered to teach sculling skills to experienced rowers.

$12Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$118K · 55%
Program service revenue$83K · 39%
Other revenue$12K · 6%
Investment income$1K · 1%
Contributions & grants55%$118K
Program service revenue39%$83K
Other revenue6%$12K
Investment income1%$1K
Total revenueLn 12$214K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$148K
Management & general9%$15K
Total functional expensesLn 25$163K

Balance Sheet

Part X · end of year
CashLn 1$103K
Total assetsLn 16$135K
Total liabilitiesLn 26$0
Total net assetsLn 32$135K
Months of cash on handcomputed7.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $103K · Operating expenses/yr $163K
7.6 months
Where the money goes
Program services
Program services $148K · Total expenses $163K
91%
Management & General
Management & general $15K · Total expenses $163K
9%
Fundraising
Fundraising $0 · Total expenses $163K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $252 · Solicited contributions (2-yr avg) $120K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $118K · Total revenue $214K
55%
Government reliance
Government grants $0 · Total revenue $214K
0%
Earned-income share
Program service revenue $83K · Total revenue $214K
39%
Investment reliance
Investment income $1K · Total revenue $214K
+0.5%
Program self-sufficiency
Program service revenue $83K · Total expenses $163K
51%
Growth & trend
Revenue growth (YoY)
This year $214K · Prior year $183K
+17%
Revenue CAGR
FY2020 $92K · FY2024 $214K
+24%
Net-asset trend (YoY)
End of year $135K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $214K · Expenses $163K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $135K
—
Net-asset ratio
Net assets $135K · Total assets $135K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $135K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Anne Spiggle · Reported title President · Highest reported compensation $0 · Total expenses $163K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $163K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 9%——
Fundraising cost ratio 0%——
Revenue growth 17%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$141

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$214K revenue · viewing · ⤓ 990 PDF
FY2024$183K revenue · ⤓ 990 PDF
FY2023$212K revenue · ⤓ 990 PDF
FY2022$227K revenue · ⤓ 990 PDF
FY2021$92K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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