Roccs Inc
Nonprofit profile at a glance
- EIN
- 203645068
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Inverness, FL, USA
- Phone
- 3363399547
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $95,742
- Expenses
- $99,026
- Assets
- $99,848
- Liabilities
- $5,571
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- JIM STAFFORD (PRESIDENT)
- MATT GROTJAHN (VICE PRESIDENT)
People named in this filing
- JODI ZAKARIA (REGATTA DIRECTOR)
- BOBBY WINSLER (MEMBER AT LARGE)
- ED GEAR (MEMBER AT LARGE)
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
Roccs is an acronym for the rowing organization of citrus county students. Our purpose is to introduce the sport of crew to any citrus county student who has the drive and determination to pursue it and to provide a resource to adult rowers of all ages. Since roccs was formed in 2007, many of our rowers have gone on to compete at the collegiate level and have earned scholarships in rowing. In fact, collegiate rowing scholarships are more attainable than any other sport, with 1 out of 2 girls and 1 out of 6 boys earning scholarships. Roccs' goal is to develop and coach athletes to perform at the highest levels of competition in our sport, and to promote teamwork, commitment, and increased levels of physical fitness.
What it reported doing in 2024
Fy23 was another successful year for roccs, with multiple seniors going on to row in college and rising middle school and high schoolers excelling in the sport. Roccs once again hosted olympic hopeful athletes at our bouthouse during winter training and several mad sports in the top boats at the paris olympics. We also hosted several collegiate teams for winter training.
Operating model
- Revenue model
- Earned-program. 69% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
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 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 1.01; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 12.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2019 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.
- Moderate — Sustainability: Operating margin scored 38/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.