SPARTAN ALUMNI ROWING ASSOCIATION C/O LOPRESTI MARCOVY & MAROTTA LLP (EIN 030531306) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

TIM MARCOVY

Phone

2162417740

Tax Period

2024-01-01 to 2024-12-31

SPARTAN ALUMNI ROWING ASSOCIATION C/O LOPRESTI MARCOVY & MAROTTA LLP, founded in 2003, is a small nonprofit in the Recreation & Sports sector that reported $390K in total revenue in fiscal year 2024. Revenue surged 205% from the prior year, signaling strong growth momentum. The organization ran a surplus of $236K, a strong 60% operating margin.

Mission

TO PARTICIPATE IN AND PROMOTE AMATEUR ATHLETIC ROWING COMPETITIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $389,591

Program Service Revenue $0

Investment Income $566

Other Revenue $0

TOTAL REVENUE $390,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $57,226

Other Expenses $154,402

TOTAL EXPENSES $154,402

Year-over-Year Comparison

	2024	2023	Change
Revenue	$390,157	$127,979	+2.0%
Expenses	$154,402	$80,539	+0.9%
Net Income	$235,755	$47,440	+4.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
TIM MARCOVY	DIRECTOR	Director	$0	$0	$0
TOM HUDAK	DIRECTOR	Director	$0	$0	$0
CHRIS SHERIDAN	DIRECTOR	Director	$0	$0	$0
MARGARET ATTENWEILER	DIRECTOR	Director	$0	$0	$0
LAUREN BOUCHER	DIRECTOR	Director	$0	$0	$0
CHRIS SHOEMAKER	DIRECTOR	Director	$0	$0	$0
DOUG RATHBURN	PRESIDENT	Officer	$0	$0	$0
DAN BACHMANN	VICE PRESIDENT	Officer	$0	$0	$0
BRIAN CHORNEY	SECRETARY	Officer	$0	$0	$0
FRASER HEWSON	TREASURER	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$390,157	$154,402	$323,016	$235,755

SPARTAN ALUMNI ROWING ASSOCIATION C/O LOPRESTI MARCOVY & MAROTTA LLP