ROCKLAND ROWING ASSOCIATION INC (EIN 562353626) - 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

2003

Legal Domicile

Phone

8456354527

Tax Period

2023-01-01 to 2023-12-31

ROCKLAND ROWING ASSOCIATION INC, founded in 2003, is a small nonprofit in the Recreation & Sports sector that reported $184K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $274K exceeded revenue, resulting in a 49% operating deficit.

Mission

Association organized to promote Rowing activities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $79,207

Program Service Revenue $100,979

Investment Income $0

Other Revenue $3,885

TOTAL REVENUE $184,071

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,058

Fundraising Expenses $0

Program Expenses $267,432

Other Expenses $162,476

TOTAL EXPENSES $273,534

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,071	$133,017	+0.4%
Expenses	$273,534	$209,506	+0.3%
Net Income	$-89,463	$-76,489	+0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ivan Rudolph-Shabinsky	President	10.00	Officer Director	$0	$0	$0
JUSTIN BOHAN	Vice President	1.00	Officer Director	$0	$0	$0
PETER KLOSE	Secretary	3.00	Officer Director	$0	$0	$0
Ron Gold	Director	1.00	Director	$0	$0	$0
ALEC ALMOND	Treasurer	3.00	Officer Director	$0	$0	$0
Christopher Hely	Director	1.00	Director	$0	$0	$0
Sharron Quale	Director	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	No data	No data	No data	No data
2023	$184,071	$273,534	$218,209	$-89,463
2021	$397,194	$162,341	$377,790	$234,853
2019	$215,478	$196,259	$121,512	$19,219
2018	$275,753	$322,684	$103,290	$-46,931

ROCKLAND ROWING ASSOCIATION INC