Three Rivers Rowing Association

EIN: 251544798 501(c)(3)

Pittsburgh, PA

Total Revenue
$1,225,086
Total Expenses
$1,285,606
Total Assets
$2,912,264
Net Assets
$2,304,851
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
PA
Principal Officer
Steven Pisanelli
Phone
4122318772
Tax Period
2024-01-01 to 2024-12-31

Three Rivers Rowing Association, founded in 1986, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

The mission of Three Rivers Rowing Association is to develop and deliver safe, sustainable and inclusive programs and events that promote the benefits of rowing and paddling to a diverse, growing membership.

Program Service Accomplishments

Program 1
Expenses: $855,190 Revenue: $0

TRRA, based in Pittsburgh, PA has a broad base of rowing and dragon boating program opportunities and experiences for youth and adults. TRRA is one of the largest community rowing and paddling...

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TRRA, based in Pittsburgh, PA has a broad base of rowing and dragon boating program opportunities and experiences for youth and adults. TRRA is one of the largest community rowing and paddling boathouses in the nation.

Program 2
Expenses: $267,511 Revenue: $0

TRRA establishes rowing programs for youth in area high schools. Two local high schools have established programs that call TRRA their home during the academic year. TRRA also operated its own...

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TRRA establishes rowing programs for youth in area high schools. Two local high schools have established programs that call TRRA their home during the academic year. TRRA also operated its own Juniors programs which accept participants from all local schools. TRRA offers summer rowing opportunities in which students are able to refine their skills and continue to develop as athletes, leaders, and young adults. Many Pittsburgh area youth have developed their skills enough to earn college scholarships, some extending their talent to the National Team Level including two Olympic gold medalists. Another youth program that TRRA offers is First Row 2.0, a land based program in which TRRA brings rowing TO the community, particularly middle schools and community centers, to raise awareness of the sport, increase access to rowing and showcase opportunities the sport provides. Another program operating out of TRRA is the Hearts of Steel Dragon Boat Team. Hearts of Steel empowers breast cancer survivors to strengthen the mind, body and spirit through camradarie and the sport of dragon boat paddling. TRRA also continued to grow its rowing program for Veterans with over 10 Veterans participating in our Summer Rowing League program and raced at the Highmark Challenge Regatta.

Program 3
Expenses: $53,009 Revenue: $0

TRRA has offered an Adaptive Rowing program for over 20 years. It was one of the first adaptive rowing programs in the nation. Rowing clubs across the country have modeled their own adaptive programs...

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TRRA has offered an Adaptive Rowing program for over 20 years. It was one of the first adaptive rowing programs in the nation. Rowing clubs across the country have modeled their own adaptive programs on ours. The sport of adaptive rowing has grown in the 20 years to now include a US Rowing Adaptive National Team that competes internationally. Rowing is a sport that allows freedom on water to individuals with disabilities. The TRRA program offers weekly practices to individuals with disabilities including physical disabilities, limited mobility, cognative disabilities, and visual impairments. The Adaptive rowing programs provide participants with the ability to compete in multiple regattas including the Bayada in Philadelphia, the Head of the Charles in Boston, and the Head of the Ohio in Pittsburgh. The program is offered at a very low cost to participants by scholarship so that financial circumstances do not impede access. About twenty individuals with disabilities participate in the program annually. The Director of Adaptive & Para Rowing coordinates the program and organizes about 50 individual volunteers. These volunteers have offered significant hours of volunteer service over the summer.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $330,280
Program Service Revenue $879,764
Investment Income $7,890
Other Revenue $7,152
TOTAL REVENUE $1,225,086

Expense Breakdown

Grants Paid $0
Salaries & Benefits $426,655
Fundraising Expenses $17,935
Program Expenses $1,175,710
Other Expenses $858,951
TOTAL EXPENSES $1,285,606

Year-over-Year Comparison

2024 2023 Change
Revenue $1,225,086 $1,111,933 +0.1%
Expenses $1,285,606 $1,321,042 0.0%
Net Income $-60,520 $-209,109 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
22
Volunteers
500

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
4
$0
Total Directors
11
$0
Key Employees
1
$72,707
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matt Logue Executive Director 40.00
Key Emp
$69,498 $3,209 $72,707
Max Garber Board Member 1.00
Director
$0 $0 $0
Herb Kolbe Board Member 1.00
Director
$0 $0 $0
Bob Oltmanns Board Member 1.00
Director
$0 $0 $0
Marilyn Walsh Secretary 1.00
Officer Director
$0 $0 $0
Judy Moser Chair 1.00
Officer Director
$0 $0 $0
Tory Mather Board Member 1.00
Director
$0 $0 $0
Patti Michaud Board Member 1.00
Director
$0 $0 $0
Noreen Liebrock Board Member 1.00
Director
$0 $0 $0
Steven Pisanelli Treasurer 1.00
Officer Director
$0 $0 $0
Tom Hudak Board Member 1.00
Director
$0 $0 $0
Carol Schoenecker Vice Chair 1.00
Officer 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 $1,225,086 $1,285,606 $2,912,264 $-60,520
2023 $1,111,933 $1,321,042 $3,017,335 $-209,109
2022 $904,597 $1,274,056 $3,209,208 $-369,459
2021 $882,837 $1,124,230 $3,222,705 $-241,393
2020 $864,901 $952,003 $3,444,935 $-87,102
2019 $1,232,729 $1,535,248 $3,407,614 $-302,519
2018 $1,399,376 $1,294,344 $3,728,853 $105,032
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