Lake Leelanau Rowing Club
Nonprofit profile at a glance
- EIN
- 273114958
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Lake Leelanau, MI, USA
- Phone
- 2318660877
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Amateur Sports Competitions
Reported finances
- Revenue
- $16,086
- Expenses
- $13,771
- Assets
- $6,871
- Liabilities
- $74,175
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ERIK ZEHENDER (PRESIDENT/SECRETARY)
People named in this filing
- ARNOLD LANDE (DIRECTOR)
- ERIK ZEHENDER (PRESIDENT/SECRETARY)
- LOIS ROPER FORRESTER (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The objective of the lake leelanau rowing club is to encourage and advance the sport of rowing through education, training and outreach. The club endeavors to promote a friendly and social spirit among its members and to support rowers of varied skills and fitness levels. The club promotes rowing as a local, national and international competitive sport.
What it reported doing in 2024
Juniors/school age rowing programs. High school and middle school students participating in development of rowing skills. Served 1 middle school participant in 2024.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 96.6%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.4%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 10.8; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -11.9% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -13.3% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -18% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 82.7% of revenue deployed · 96.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — 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.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 11/100.