Overview

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Est.

1991

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
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2023
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2022
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AI Summary

CHESAPEAKE REGION ACCESSIBLE BOATING INC is a water sports nonprofit focused on providing the thrill, freedom, and therapeutic value of sailing to people with disabilities, recovering warriors, and youth from underserved communities. For filing year 2025, it reported an operating budget of $919.8K and total revenue of $995.6K, with support from funders including MERIDIAN FOUNDATION, PHILLIPS CHARITABLE FOUNDATION INC, and THE JACK KAGAN FOUNDATION INC.

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Mission Statement

CRABS MISSION IS TO PROVIDE THE THRILL, FREEDOM AND THERAPEUTIC VALUE OF SAILING TO PEOPLE WITH DISABILITIES, RECOVERING WARRIORS, AND YOUTH FROM UNDERSERVED COMMUNITIES. CONTINUED ON SCHEDULE O

Cause Areas

1
Water sports
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Financials

2024
Revenues
$1M
Expenses
$802.5K
Net Income:
+$231.1K
Assets
$4.6M
Liabilities
$72.5K
Net Assets:
+$4.5M

Financial Trends

2024
Operating Budget
$802.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC"
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
Indianapolis, IN, US
$2.2M
< 1%
MERIDIAN FOUNDATION
COLUMBIA, MD, US
$218K
7%
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC
New York, NY, US
$210K
< 1%

Grants Received

2024
Total No. of Grants
19
Median grant size
$10K
Largest grant received
$100K

Board & Team

P
Paul Bollinger Jr
Board Member
S
Steve Ritterbush
Board Member
S
Sandy Grosvenor
Board Member
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  • 54 funders
  • 36 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CHESAPEAKE REGION ACCESSIBLE BOATING INC’s budget?
In 2024, CHESAPEAKE REGION ACCESSIBLE BOATING INC reported an annual operating budget of around $802 thousand. More detailed financial information is available to registered users.
What causes does CHESAPEAKE REGION ACCESSIBLE BOATING INC support?
CHESAPEAKE REGION ACCESSIBLE BOATING INC supports work in Water sports.
Where does CHESAPEAKE REGION ACCESSIBLE BOATING INC operate?
CHESAPEAKE REGION ACCESSIBLE BOATING INC is headquartered in ANNAPOLIS, MD.
Who funded CHESAPEAKE REGION ACCESSIBLE BOATING INC recently?
In 2025, CHESAPEAKE REGION ACCESSIBLE BOATING INC received grants from THE JACK KAGAN FOUNDATION INC, Bill Simpson Foundation Inc, and EDWARD FREITAG & MARTHA HALEY FDN INC. More information on this organization’s funders is available to registered users.
What is the largest grant CHESAPEAKE REGION ACCESSIBLE BOATING INC received in 2024?
The largest grant to CHESAPEAKE REGION ACCESSIBLE BOATING INC in 2024 exceeds $100 thousand.