Old Lyme Rowing Association Inc
Nonprofit profile at a glance
- EIN
- 061099817
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025
- Location
- Old Lyme, CT, USA
- Phone
- 8604607299
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $107,311
- Expenses
- $103,460
- Assets
- $53,201
- Liabilities
- $771
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- BARBARA HALLWOOD (PRESIDENT)
People named in this filing
- PAUL FUCHS (MEMBER)
- LEO PELLITIER (MEMBER)
- PAULA SIGNORA (MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide support and equipment for the lyme-old lyme high school varsity rowing team, as well as sponsoring community rowing programs for young people and adults in old lyme and surrounding communities. Further, to promote proficiency in and love for the sport of rowing.
Operating model
- Revenue model
- Earned-program. 98% 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
STRONG - 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: 94
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.9%; rating input score 93
- Program expense ratio: 96.4%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.6%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.51; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 26.8%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: -3.9% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 92.9% of revenue deployed · 96.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $100K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2014 to 2025
- 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: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.