COMMUNITY ROWING INC (EIN 042863756) - 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

1985

Legal Domicile

Principal Officer

FIONA WALSH

Phone

6177798267

Tax Period

2023-11-01 to 2024-10-31

COMMUNITY ROWING INC, founded in 1985, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2023. Net assets of $12.9M represent 28 months of operating reserves.

Mission

MAKE ROWING ACCESSIBLE WITHOUT REGARD TO INDIVIDUAL ABILITY, BACKGROUND OR EXPERIENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,770,080

Program Service Revenue $3,195,802

Investment Income $163,159

Other Revenue $378,861

TOTAL REVENUE $5,507,902

Expense Breakdown

Grants Paid $270,846

Salaries & Benefits $3,077,700

Fundraising Expenses $440,288

Program Expenses $4,861,795

Other Expenses $2,617,053

TOTAL EXPENSES $5,965,599

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,507,902	$5,709,292	0.0%
Expenses	$5,965,599	$5,846,882	+0.0%
Net Income	$-457,697	$-137,590	+2.3%

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

Employees

149

Volunteers

200

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

$258,238

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD BENFORD	EXECUTIVE DIRECTOR	40.00	Officer	$160,056	$12,403	$172,459
SHAWN COTE	DIRECTOR OF DEVELOPMENT	40.00	Highest	$146,260	$8,141	$154,401
TARA COLERAN	CONTROLLER	40.00	Officer	$74,984	$10,795	$85,779
FIONA WALSH	PRESIDENT AS OF 04/01/24	6.00	Officer Director	$0	$0	$0
CHRISTINA WOOD BAKER	PRESIDENT UNTIL 03/31/24	6.00	Officer Director	$0	$0	$0
ROBERT G MANN	TREASURER AS OF 04/01/24	2.00	Officer Director	$0	$0	$0
FRANCIS X TRACY	TREASURER UNTIL 03/31/24	2.00	Officer Director	$0	$0	$0
ELEANOR ANDREWS	SECRETARY AS OF 04/01/24	1.00	Officer Director	$0	$0	$0
DANIEL O'CONNOR	SECRETARY UNTIL 03/31/24	1.00	Officer Director	$0	$0	$0
DIANE BEVAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MALCOLM COLTRANE DOLDRON	BOARD MEMBER	1.00	Director	$0	$0	$0
TIMOTHY EHRLICH	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER FISH	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS FOY	BOARD MEMBER	1.00	Director	$0	$0	$0
MORGAN HAYS	BOARD MEMBER	1.00	Director	$0	$0	$0
FREDERICK H HORTON	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD LYNCH	BOARD MEMBER	1.00	Director	$0	$0	$0
NEEHARIKA MEHTA	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE MONTEIRO-MERRITT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK PROCTOR	BOARD MEMBER	1.00	Director	$0	$0	$0
AISYAH RAFAEE	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL SPATES	BOARD MEMBER	1.00	Director	$0	$0	$0
KHIZER SYED	BOARD MEMBER	1.00	Director	$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	$5,507,902	$5,965,599	$15,216,381	$-457,697
2023	$5,709,292	$5,846,882	$15,677,377	$-137,590
2022	$5,780,555	$5,299,782	$15,692,348	$480,773
2021	$6,722,803	$4,093,510	$16,273,081	$2,629,293
2020	$3,506,188	$3,904,795	$14,227,960	$-398,607
2019	$5,912,416	$6,318,582	$14,007,078	$-406,166
2018	$5,694,267	$6,583,080	$14,485,399	$-888,813

COMMUNITY ROWING INC