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Princeton National Rowing Association

EIN 22-3745915 · Princeton Jct, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

The mission of Princeton National Rowing Association is to provide a venue where athletes of all ages, talents and backgrounds have the opportunity to develop their rowing abilities to their highest potential.Core Implementation Principles1) Maintaining and constantly seeking to improve one of the nation's premier rowing venues.2) Providing a world class training facility for all PNRA constituents including Olympic and elite team members,local students and Masters rowers.3) Promoting opportunities for area youth to excel in the sport of rowing.4) Conducting top level regattas and events5) Supporting community development across greater Mercer County through targeted rowing programs.

Income
$5.1 million
Spending
$1.7 million
Spent on programs
92%
Reserves
10.7 months of spending
Largest source of income
donations and private grants, 63%
Employees
68
Volunteers
600
Highest pay
$131,171, executive director/secretary

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 93 out of 100. Higher than 79% of charities in its peer group (recreation and sports, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 10.7 months of spending.

  • Debt

    20 of 20

    It owes 2% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 67% of income.

  • Income trend

    15 of 15

    Income rose 167% on the year before.

  • Spending floor

    15 of 15

    92% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 82% of charities in its peer group (recreation and sports, $1m to $10m).

  • Independent board

    25 of 25

    7 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $1.1 million spent. The Princeton National Rowing Association (PNRA) operates the Mercer Junior Rowing Club which provides opportunities for 200 student athletes from over 30 area high schools to benefit from the structure, discipline and exercise of rowing. The Mercer Junior Rowing Club competes locally, nationally, and internationally. As part of its mission, PNRA works with local community groups and Trenton area schools to enable student athletes from the urban Trenton area to benefit from the sport of rowing. These outreach activities include dedicated programs for middle school students and integrating high school age students into the Mercer Junior Rowing Program. PNRA's outreach activities include integrating rowing as a part of the physical education curriculum in the schools, the Swim to Row Program, a STEM to Stern Program, Capital Area Indoor Rowing League and partnering with other community groups.
  2. $80,326 spent. Princeton National Rowing Association operates summer camps out of the Caspersen Rowing Facility. The camps include learning to row day camps designed to introduce youth to the sport of rowing.
  3. $273,686 spent. Princeton National Rowing Association hosts numerous rowing regattas throughout the year, drawing teams from around the country to compete. Competitions include local junior regattas,collegiate and national championship regattas and national team selection events. Mercer County Park and Mercer Lake with the infrastructure installed and maintained by Princeton National Rowing Association is recognized as one of the premiere rowing venues in the United States. The Princeton National Rowing Association also runs indoor rowing competitions.
  4. $9,066 spent. As an official USRowing National Team training site, Princeton National Rowing Association provides a home for the selection and training of the United States Rowing Association's national team which represents the United States in international competition including the Olympics. The majority of the US Rowing National Team selection events occur on Mercer Lake and are hosted by the Princeton National Rowing Association.
  5. $42,002 spent. Princeton National Rowing Association operates the Mercer Masters Rowing which provides rowing and sculling opportunities to adults ranging from learn to row to competitive rowing and an adult summer rowing league. PNRA also conducts adult rowing outreach activities for the greater Trenton area.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.