Artemis Rowing

Nonprofit profile at a glance

EIN
462227777
IRS 990-EZ coverage
2017–2020
Forms available
Form 990 2019, Form 990-EZ 2020
Location
Oakland, CA, USA
Phone
5105429673
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$141,053
Expenses
$157,712
Assets
$77,793
Liabilities
$30

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Melissa Richards (President)
  • Rebecca Kasow (President)

People named in this filing

  • Melissa Richards (President)
  • Rebecca Kasow (President)
  • Chris Kuesel (Treasurer)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose for this organization is to provide for the instruction, training, and competition in the sport of rowing to the diverse surrounding community.

What it reported doing in 2020

Artemis Rowing is a rowing club dedicated to promoting the sport of rowing. Its mission is to create a competetive, community-based youth rowing program that reflects the diversity of the east bay. The accomplishments include providing rowing and water instruction to the youth of the east bay. The primary goal is to develop and support athletes for competition in the sport of rowing. A secondary goal of the program is on instilling and reinforcing the life skills of organization, responsibility, cooperation and commitment in an environmentally friendly manner.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.2%; rating input score 96

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: -11.8%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 67; 67th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: -7% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -3.2% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -11.7% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $152K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2017 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Growth: Asset growth scored 0/100.