VIKING 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

1983

Legal Domicile

Principal Officer

LARRY CONNELL

Phone

6096418973

Tax Period

2024-01-01 to 2024-12-31

VIKING ROWING FOUNDATION INC, founded in 1983, is a micro nonprofit that reported $96K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Net assets of $654K represent 82 months of operating reserves.

Mission

EDUCATION AND TRAIN YOUTHS IN ROWING

Program Service Accomplishments

Program 1

Expenses: $98,834 Revenue: $82,012

ORGANIZATION EDUCATES AND TRAINS HUNDREDS OF YOUTHS IN THE SPORT OF ROWING WHICH FOSTERS LOCAL, NATIONAL AND INTERNATIONAL COMPETITION

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $13,645

Program Service Revenue $82,012

Investment Income $2

Other Revenue $0

TOTAL REVENUE $95,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $98,834

Other Expenses $104,945

TOTAL EXPENSES $104,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,659	$120,309	-0.2%
Expenses	$104,945	$111,433	-0.1%
Net Income	$-9,286	$8,876	-2.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY CONNELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
RAY D'AMICO	TREASURER	1.00	Officer Director	$0	$0	$0
MEGAN HOLLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
WARD HOLLAND	V. PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM IRELAND	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT KERSTETTER	BOARD MEMEBR	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	$95,659	$104,945	$654,338	$-9,286
2023	$120,309	$111,433	$647,091	$8,876
2022	$83,620	$96,453	$624,326	$-12,833
2021	$85,346	$84,283	$651,725	$1,063
2020	$83,476	$76,715	$637,202	$6,761
2019	$76,700	$87,145	$652,147	$-10,445
2018	$82,385	$74,108	$682,415	$8,277