Wayland-weston Rowing Association Inc
Nonprofit profile at a glance
- EIN
- 043528584
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Wayland, MA, USA
- Phone
- 6179476669
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Olympics
Reported finances
- Revenue
- $636,391
- Expenses
- $539,304
- Assets
- $879,450
- Liabilities
- $66,011
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MARK FOREMAN (PRESIDENT)
- ADAM SCHAYOWITZ (VICE PRESIDENT)
People named in this filing
- MARK FOREMAN (PRESIDENT)
- ADAM SCHAYOWITZ (VICE PRESIDENT)
- JOHN RENTERGHEM (TREASURER (UNTIL 06/30/2024))
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization provides youth and adults an opportunity for instruction, training, recreation and competition in the sport of rowing, exclusively for charitable and educational purposes within the meaning section 501(c)3 of the IRS code. The program focuses on training students in the art of crew racing and teamwork. Its boys and girls crew's have won numerous local and state races during the year, and the program provides a healthy and active extra-curricular activity for numerous children in the towns of wayland and weston, Massachusetts.
What it reported doing in 2024
Wwra had normal operations in 2024, including running our high school fall and spring teams, winter training, summer learning and competitive camps, learn-to-row, and masters programs. Our middle school programs were paused in 2024 as we worked through logistical issues, and we plan to resume them in 2025. Our program participation numbers continued to grow to pre-pandemic levels with almost 100 rowers on our fall 2024 high school roster. 13 rowers graduating in 2024 are continuing their rowing careers at the collegiate level, both a testament to the quality of the program and an enticementfor new athletes joining our teams. Our program director of nine years, michael baker, departed in august for another opportunity and was replaced in october by beatrice sims, bringing over a decade of coaching and program operations and administration experience in eastern Massachusetts and beyond to ww. Overall, operations were stable and successful in 2024 and continued growth is expected and planned for in 2025.
Operating model
- Revenue model
- Earned-program. 86% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 90
- Accountability: 94
- Sustainability: 65
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.5%; rating input score 75
- Program expense ratio: 89.2%; rating input score 89
- Fundraising efficiency: $68.96 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.3%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 1.1% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 74.5% of revenue deployed · 89.2% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $481K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 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.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.