NATIONAL ROWING FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

TOM MARTIN

Phone

7817330323

Tax Period

2025-01-01 to 2025-12-31

NATIONAL ROWING FOUNDATION INC, founded in 1966, is a community nonprofit in the Recreation & Sports sector that reported $2.5M in total revenue in fiscal year 2025. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 52% operating margin.

Mission

THE NATIONAL ROWING FOUNDATION'S PRIMARY MISSION IS TO SUPPORT ATHLETES IN PURSUIT OF EXCELLENCE IN THE SPORT OF ROWING WITH THE GOAL OF PROMOTING USA ATHLETES' PARTICIPATION IN WORLD AND OLYMPIC INTERNATIONAL COMPETITION.

Program Service Accomplishments

Program 1

Expenses: $1,058,348

SUPPORT ATHLETES WHO ARE PURSUING EXCELLENCE IN THE SPORT OF ROWING, WITH THE PRIMARY GOAL OF PROMOTING UNITED STATES' GOLD MEDALS IN INTERNATIONAL COMPETITIONS LEADING UP TO AND INCLUDING THE...

SUPPORT ATHLETES WHO ARE PURSUING EXCELLENCE IN THE SPORT OF ROWING, WITH THE PRIMARY GOAL OF PROMOTING UNITED STATES' GOLD MEDALS IN INTERNATIONAL COMPETITIONS LEADING UP TO AND INCLUDING THE OLYMPIC GAMES AND PARALYMPICS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,665,198

Program Service Revenue $0

Investment Income $833,496

Other Revenue $-27,025

TOTAL REVENUE $2,471,669

Expense Breakdown

Grants Paid $1,053,000

Salaries & Benefits $16,998

Fundraising Expenses $0

Program Expenses $1,058,348

Other Expenses $113,871

TOTAL EXPENSES $1,183,869

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,471,669	$1,242,609	+1.0%
Expenses	$1,183,869	$1,086,089	+0.1%
Net Income	$1,287,800	$156,520	+7.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$15,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM MARTIN	Treasurer	5.00	Officer	$15,000	$0	$15,000
RICHARD CASHIN	Director	1.00	Director	$0	$0	$0
PETER CIPOLLONE	Director	1.00	Director	$0	$0	$0
JAMES KOVEN	CO-CHAIR	1.00	Director	$0	$0	$0
MARCIA HOOPER	CO-CHAIR	1.00	Director	$0	$0	$0
AQUIL ABDULLAH	Director	1.00	Director	$0	$0	$0
PAUL TETI	Director	1.00	Director	$0	$0	$0
ROBERT MILAM	Director	1.00	Director	$0	$0	$0
EDWARD PATTON	Director	1.00	Director	$0	$0	$0
CYNTHIA RUSHER	Director	1.00	Director	$0	$0	$0
MICHAEL MEEHAN	President	1.00	Officer	$0	$0	$0
CARYN DAVIES	Secretary	1.00	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
2025	$2,471,669	$1,183,869	$10,450,296	$1,287,800
2024	No data	No data	No data	No data
2023	$1,241,003	$948,401	$7,989,283	$292,602
2022	$933,391	$739,313	$7,236,533	$194,078
2021	$2,225,088	$1,988,263	$8,809,391	$236,825
2020	$2,163,568	$1,941,277	$8,298,060	$222,291
2019	$1,884,685	$1,838,508	$7,212,882	$46,177
2018	$1,603,068	$1,567,651	$6,312,200	$35,417