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Nonprofit · EIN 51-0357050

WILMINGTON YOUTH ROWING ASSOCIATION

Tax-exempt · WILMINGTON, DE 19801

Financials

$253K$357K2023$384K$358K2024
Revenue Expenses · by fiscal year end
Financials of WILMINGTON YOUTH ROWING ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$383,901$358,498$25,403$834,466$22,876$811,590
December 31, 2023990$253,036$356,928-$103,892$820,013$33,826$786,187
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$139,922
Program service revenue
$145,582
Investment income
$0
Net rental income
$67,511
Net income from fundraising events
$28,132
Other revenue
$98,397

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$64,122
Other salaries and wages
$78,908
Salaries, compensation and benefits (total)
$154,473
Professional fundraising fees
$0
Accounting fees
$5,450
Depreciation
$63,046
Program services (functional)
$257,122
Management and general (functional)
$79,659
Fundraising (functional)
$21,717

Balance sheet and other

Total assets, start of year
$820,013
Total assets, end of year
$834,466
Total liabilities, end of year
$22,876
Net assets, end of year
$811,590
Land, buildings and equipment
$767,966
Net assets without donor restrictions
$705,907
Net assets with donor restrictions
$105,683
Gross receipts
$395,106
Employees
7
Volunteers
35
Year formed
1994
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LOUIS SALVADORIEXECUTIVE DIRECTOR
Officer
0$29,842$5,000
JESSE WAKEMANEXECUTIVE DIRECTOR
Officer
40$23,781$0
EVAN BRABSONTREASURER
Trustee or director
0$0$0
MARTHA MANNINGCHAIR
Trustee or director
0$0$0
ANDREW PIZORSECRETARY
Trustee or director
0$0$0
JACK PERRYBOARD MEMBER
Trustee or director
0$0$0
MARK DALLEPAZZEBOARD MEMBER
Trustee or director
0$0$0
SEAN BOYDBOARD MEMBER
Trustee or director
0$0$0
KAREN IONSBOARD MEMBER
Trustee or director
0$0$0
NEIL KAYEBOARD MEMBER
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
LOUIS SALVADORIEXECUTIVE DIRECTOR
Officer
40$50,000
EVAN BRABSONTREASURER
Trustee or director
0$0
MARTHA MANNINGSECRETARY
Trustee or director
0$0
ANDREW PIZORBOARD MEMBER
Trustee or director
0$0
KASH SRINIVASANBOARD MEMBER
Trustee or director
0$0
JACK PERRYBOARD MEMBER
Trustee or director
0$0
MARK DALLE PAZZEBOARD MEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
500 EAST FRONT STREET, WILMINGTON, DE 19801-5020
Principal officer (990 for 2024)
JESSE WAKEMAN, 500 EAST FRONT STREET, WILMINGTON, DE 19801
Signed the 990
JESSE WAKEMAN, EXECUTIVE DIRECTOR
Phone
(302) 777-4533
Return prepared by
SANTORA CPA GROUP

Mission

THE WILMINGTON YOUTH ROWING ASSOCIATION (WYRA) IS A NOT FOR PROFIT ORGANIZATION THAT USES THE SPORT OF ROWING AS A VEHICLE TO RAISE SELF-ESTEEM AND TEACH SELF-DISCIPLINE, RESPONSIBILITY, SPORTSMANSHIP, AND TEAMWORK TO A DIVERSE POPULATION OF AREA YOUTH. WYRA STAFF WORK CLOSELY WITH ROWERS AND THEIR FAMILIES TO PREPARE THEM FOR THE COLLEGE APPLICATION PROCESS AND TO ENSURE THEIR SUCCESS ACADEMICALLY.

990 for the year ended December 31, 2024

Program accomplishments

  • COMPETITIVE CREW IS THE LARGEST PROGRAM WITHIN WYRA. THEY HAVE RACES IN BOTH THE FALL AND SPRING SEASONS.
    Expenses $210,330 · revenue $145,057
  • WYRA ALSO RUNS VARIOUS CAMP PROGRAMS DURING SUMMER TIME TO TEACH ROWING TO CHILDREN, INCLUDING ROW FOR IT!
    Expenses $46,792 · revenue $525
  • MISCELLANEOUS INCOME.
    revenue $2,754

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0357050
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$834,466
Income (IRS master file)
$395,106

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$383,901$358,498$834,466XML
990December 2023$253,036$356,928$820,013XML
990December 2022$231,766$350,308$895,969IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0357050).

Questions about WILMINGTON YOUTH ROWING ASSOCIATION

What is the EIN of WILMINGTON YOUTH ROWING ASSOCIATION?
The employer identification number (EIN) of WILMINGTON YOUTH ROWING ASSOCIATION is 51-0357050.
Is WILMINGTON YOUTH ROWING ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to WILMINGTON YOUTH ROWING ASSOCIATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WILMINGTON YOUTH ROWING ASSOCIATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WILMINGTON YOUTH ROWING ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WILMINGTON YOUTH ROWING ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WILMINGTON YOUTH ROWING ASSOCIATION?
The 990 for the year ended December 31, 2024 names JESSE WAKEMAN.
Who are the officers and directors of WILMINGTON YOUTH ROWING ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $29,842 (LOUIS SALVADORI, EXECUTIVE DIRECTOR).
How much revenue does WILMINGTON YOUTH ROWING ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $383,901, expenses of $358,498 and total assets of $834,466 at year end.

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