Boston Rowing Federation Inc
Nonprofit profile at a glance
- EIN
- 471026302
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Wrentham, MA, USA
- Phone
- 6177333148
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Olympics
Reported finances
- Revenue
- $24,149
- Expenses
- $6,673
- Assets
- $160,170
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- R Gregg Stone III (President and Director)
- Liane Keister (Vice President/Director)
People named in this filing
- Kate Ackerman (Director)
- Alistair Adam (Director)
- Sarah Baker (Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purpose of Boston Rowing Federation, Inc. (BRF) is to foster, encourage, and support participation in Olympic and senior world championship rowing competitions and training for these events. Since its formation, BRF has fostered international amateur sports competition by supporting and developing elite athletes with the potential to compete in the Olympics, Paralympics and senior world championships.
What it reported doing in 2024
Boston Rowing Federation, Inc. fosters international amateur sports competition by supporting and developing elite athletes with the potential to compete in the Olympics, Paralympics and senior world championships by providing: - Training plans, daily coaching and support to athletes; - Grants to assist athletes with training and travel expenses; - Physical therapy and chiropractic services related to training and competing; - Nutritional and performance testing; - Equipment necessary to compete; and - Networking to assist athletes with finding gainful employment and housing opportunities that allow them to live and train in the greater-Boston area. Participants in BRF's programs must be of suitable age to compete in international competition, demonstrate the potential to be a medal contender at the Olympics or Paralympics, and make a multi-year commitment to training in Boston in order to receive support from BRF. Prospective BRF athletes submit a written application along with their rowing histories, and their candidacy is reviewed and approved by the BRF Performance Committee in consultation with qualified experts who may include national team coaches, the U.S. Rowing High Performance Director, and senior university rowing coaches. BRF expects that applicants for its program will meet U.S. senior team standards, and that applicants will commit to living and training in the greater Boston area for a four-year Olympic competition cycle. BRF expects that only up to around six athletes will qualify for to participate in BRF's program in a four-year Olympic competition cycle. Participants in BRF's programs are expected to train at the highest level and according to best practices. In addition to rowing, there is substantial cross training including weight lifting, yoga, running, biking and skiing. Most coaching is provided by senior level coaches on a volunteer basis, although BRF hires coaches when appropriate and necessary. In total, participants receive between four and twenty hours per week of training.
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 9
- Transparency & Controls: 100
- Sustainability: 88
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.5%; rating input score 6
- Program expense ratio: 12.7%; rating input score 13
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: 72.4%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 24; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -43.7% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -6.4% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 19.5% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 6.5% of revenue deployed · 12.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $846 in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.