Philadelphia City Rowing Inc

EIN: 271522343 501(c)(3) Recreation & Sports

Plymouth Meeting, PA

Total Revenue
$990,966
Total Expenses
$959,550
Total Assets
$1,116,884
Net Assets
$636,444
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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
2009
Legal Domicile
PA
Tax Period
2024-01-01 to 2024-12-31

Philadelphia City Rowing Inc, founded in 2009, is a small nonprofit in the Recreation & Sports sector that reported $991K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $960K left a modest 3% surplus.

Mission

Several programs are currently underway. Learn to row is a summer program for high school and middle school students. After school competitive rowing is year round program. A comprehensive academic program features small group tutoring, SAT prep and college guidance. Also a learn to swim program is offered.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $980,428
Program Service Revenue $1,913
Investment Income $8,625
Other Revenue $0
TOTAL REVENUE $990,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $642,168
Fundraising Expenses $33,910
Program Expenses $838,361
Other Expenses $317,382
TOTAL EXPENSES $959,550

Year-over-Year Comparison

2024 2023 Change
Revenue $990,966 $570,654 +0.7%
Expenses $959,550 $874,009 +0.1%
Net Income $31,416 $-303,355 -1.1%
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

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Governance

Voting Members
10
Independent Members
10
Employees
28
Volunteers
40

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
3
$145,000
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Caitlin Mance Executive Dir. 40.00
Officer
$145,000 $0 $145,000
Catherine Reddick Director 0.00
Officer Director
$0 $0 $0
Milton S Schneider Director 0.00
Officer Director
$0 $0 $0
Lauren Anderson Board Member 0.00
Director
$0 $0 $0
John P Hogan Sr Director 0.00
Director
$0 $0 $0
Robert Baldry Director 0.00
Director
$0 $0 $0
James Lynch Director 0.00
Director
$0 $0 $0
Marcello Godinho Board Member 0.00
Director
$0 $0 $0
Chris Savage Director 0.00
Director
$0 $0 $0
Theresa Spencer Director 0.00
Director
$0 $0 $0
Leona Thomas Director 0.00
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 $990,966 $959,550 $1,116,884 $31,416
2023 $570,654 $874,009 $1,244,583 $-303,355
2022 $972,690 $732,437 $1,487,481 $240,253
2021 $742,956 $583,941 $668,483 $159,015
2020 $468,429 $506,059 $577,016 $-37,630
2019 $555,601 $504,200 $557,210 $51,401
2018 $701,397 $464,178 $503,255 $237,219
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