KENMORE ROWING CLUB

EIN: 832763014 501(c)(3) Recreation & Sports

Kenmore, WA

Total Revenue
$136,401
Total Expenses
$109,230
Total Assets
$116,792
Net Assets
$103,943
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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
2018
Legal Domicile
WA
Principal Officer
Allison Anderson
Phone
4252245196
Tax Period
2023-01-01 to 2023-12-31

KENMORE ROWING CLUB, founded in 2018, is a small nonprofit in the Recreation & Sports sector that reported $136K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $27K, a strong 20% operating margin.

Mission

Provide coaching, equipment, and facilities to create a recreational rowing club for Kenmore, WA

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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 (2023)

Revenue Breakdown

Contributions & Grants $53,828
Program Service Revenue $82,573
Investment Income $0
Other Revenue $0
TOTAL REVENUE $136,401

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $109,230
Other Expenses $109,230
TOTAL EXPENSES $109,230

Year-over-Year Comparison

2023 2022 Change
Revenue $136,401 $194,859 -0.3%
Expenses $109,230 $163,101 -0.3%
Net Income $27,171 $31,758 -0.1%
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
3
Independent Members
3
Employees
1
Volunteers
20

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diane Cassidy Treasurer 5
Officer
$0 $0 $0
Allison Anderson President 10
Officer
$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
2023 $136,401 $109,230 $116,792 $27,171
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