Rockport Boat Club

Nonprofit profile at a glance

EIN
010323145
IRS 990-EZ coverage
2012–2025
Forms available
Form 990-EZ 2025
Location
Rockport, ME, USA
Phone
2074707471
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Reported finances

Revenue
$169,966
Expenses
$184,768
Assets
$176,945
Liabilities
$17,960

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • SARAH SHELDON (VICE COMMODO)
  • MEGAN PHELAN (DIRECTOR AT)
  • JEFF HAMILTON (DIRECTOR AT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To sponsor and promote sailing, boating, and other marine-related activities with particular emphasis upon educational and training opportunities for children and adults from the community.

What it reported doing in 2025

The principal activity of the club is to provide sailing instruction and structure to children in the community. The club offers several levels of programs which range from beginner through advanced skills for children of all ages, including an introductory program for younger children aged 5-7. These programs are offered to children of both club members and non- members, and the club offers financial support for classes in the form of scholarships to qualifying children. The club had aproximately 118 students enrolled in the various programs. The club also provided race support for the camden classic youth regatta, with rbc staff managing check-in and sail number assignments, as well as on the water support for the races.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.4%; rating input score 99
  • Program expense ratio: 90%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -8.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 10.5% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 99.4% of revenue deployed · 90% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $166K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.