FRIENDS OF MONTCLAIR ROWING INC (EIN 462911321) - 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

2013

Legal Domicile

Principal Officer

Bruce Phariss

Phone

9732202205

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF MONTCLAIR ROWING INC, founded in 2013, is a small nonprofit in the Education sector that reported $602K in total revenue in fiscal year 2024.

Mission

THE MISSION OF FRIENDS OF MONTCLAIR ROWING,INC. IS TO SUPPORT AND PROMOTE THE SPORT OF ROWING FOR THE YOUTH OF MONTCLAIR, NJ.

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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 (2024)

Revenue Breakdown

Contributions & Grants $73,700

Program Service Revenue $445,361

Investment Income $922

Other Revenue $81,523

TOTAL REVENUE $601,506

Expense Breakdown

Grants Paid $79,500

Salaries & Benefits $0

Fundraising Expenses $7,253

Program Expenses $569,426

Other Expenses $504,312

TOTAL EXPENSES $583,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$601,506	$571,179	+0.1%
Expenses	$583,812	$578,709	+0.0%
Net Income	$17,694	$-7,530	-3.3%

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

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
Bruce Phariss	President	5.00	Officer Director	$0	$0	$0
Chryseis Hunt	VP Fundraising	5.00	Officer Director	$0	$0	$0
Alicia Bateman	VP Communicatns	5.00	Officer Director	$0	$0	$0
Michael Bateman	VP Operations	5.00	Officer Director	$0	$0	$0
Kerry Giles	Co-Treasurer	5.00	Officer Director	$0	$0	$0
Leon Valera	Secretary	5.00	Officer Director	$0	$0	$0
Huub Nelissen	Co-Treasurer	5.00	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
2025	$601,506	$583,812	$114,836	$17,694
2024	$571,179	$578,709	$123,397	$-7,530
2023	$575,492	$529,649	$113,532	$45,843
2022	$376,433	$383,760	$69,655	$-7,327
2021	$240,784	$233,926	$51,606	$6,858
2020	$196,062	$196,392	$44,748	$-330
2019	$298,975	$280,395	$45,078	$18,580
2018	$277,377	$274,012	$26,498	$3,365

FRIENDS OF MONTCLAIR ROWING INC