University of Cincinnati Rowing Alumni and Friends Inc C/O Tim Garry Jr

Nonprofit profile at a glance

EIN
474367287
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Cincinnati, OH, USA
Phone
8592210339
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$67,485
Expenses
$50,973
Assets
$377,027
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

  • Rolf Linder (Director and President)

People named in this filing

  • Rolf Linder (Director and President)
  • Nathan Martell (Director and Treasurer)
  • Timothy A Garry Jr (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

(a) To stimulate and foster interest in the sports of rowing, canoeing, kayaking and similar Olympic sports among amateurs as individuals and in clubs sanctioned by the University of Cincinnati. To publicize the manifold advantages of these sports as a means of health, physical, and leadership development and education of university students. To promote interest through competition and the holding of interstate and intercollegiate regattas. To engage in every reasonable endeavor for the advancement and building up of these amateur water sports in accordance with the best traditions of intramural and intercollegiate university sportsmanship. (b) To cooperate with interested schools, colleges and universities in the Greater Cincinnati Metropolitan area, as well as with athletic organizations in the region, to promote and develop a comprehensive Olympic water sports center located in Cincinnati, Hamilton County, Ohio, on property adjacent to the Little Miami River.

What it reported doing in 2024

UCRAF finished its 9th year owning and operating the Rowing Center located at 5001 Kellogg Ave. in Cincinnati. During the year, approximately 50-100 athletes used this facility every day during the rowing season. These athletes spanned every generation including youth (middle & high school), college and adult masters as well as learn-to-row adults. UCRAF continued its policy of welcoming and including all persons to our sport and rowing site regardless of gender, race, sexual orientation or religion. No serious rowing or other safety issues occurred during this time, which continues UCRAF's unblemished safety track record of establishing a rowing environment where coaches and athletes can operate safely. UCRAF continues to host two resident teams which included the University of Cincinnati Rowing Club (open to all students regardless of ability) as well as the Queen City Rowing Club (open to athletes of all ages including middle school, high school, college and adult). UCRAF continued to fund and implement security enhancements at its site to ensure safety of equipment and athletes. These included lighting, fencing and a new gate. In addition UCRAF enjoyed the first full year of a new JetDock ramp designed for access to our "summer docks" located on the bank of the Little Miami River, adjacent to our boat ramp. UCRAF's Board also implemented a new site management process for its rowing site given the departure of long-time volunteer / site manager / founder Rolf Linder. A new site manager was hired as a result, and supervised by UCRAF Board members. Plans were also made and implemented by the UCRAF Board to fund and construct a new boat shelter, which was installed at the end of the year. The UCRAF Board continued its diligent supervision of the affairs of the organization and the rowing site by meeting monthly, raising funds and carefully stewarding our assets and relationships with our members. In this regard we have received donations to support our activities and to support our rowing athletes and coaches.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.

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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 82
  • Sustainability: 77
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.5%; rating input score 76
  • 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: 24.5%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 7.4; rating input score 89; 89th 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: Limited
  • Revenue growth: -2.9% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 41.3% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 75.5% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 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.
  • Review — Sustainability: Officer compensation ratio scored 56/100.