Manatee County Youth Rowing Inc

Nonprofit profile at a glance

EIN
611580648
IRS 990-EZ coverage
2015–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2012
Location
Parrish, FL, USA
Phone
9414791605
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$144,865
Expenses
$149,732
Assets
$91,599

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • CREA KITCHER (President)
  • MARC WHEELER (Vice President)

People named in this filing

  • MATTHEW MORRIS (Treasurer)
  • BRIAN HASTREITER (Director)
  • CATHERINE VITALE (Secretary)

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

To provide rowing programs in a positive and competitive environment for all ages.

What it reported doing in 2024

Provide rowing instruction and competition for Manatee County middle and high school students. The program focuses on developing an individual through teamwork, strong character, personal integrity, fitness, and good nutritional habits. We encourage all members to actively volunteer and be involved in their community. We provide an environment where rowers of all ages can work together in a constructive team environment, fostering personal and social skills of significant value.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.6%; rating input score 82
  • Program expense ratio: 78.9%; rating input score 79

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.61; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 3.5% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -7.9% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 81.6% of revenue deployed · 78.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $118K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • 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: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.