Lake Washington Rowing Club (EIN 911028897) - 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

1977

Legal Domicile

Principal Officer

Dianne Casper

Phone

2065471583

Tax Period

2024-01-01 to 2024-12-31

Lake Washington Rowing Club, founded in 1977, is a small nonprofit in the Recreation & Sports sector that reported $743K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $708K left a modest 5% surplus.

Mission

The Lake Washington Rowing Club is here to further the sport of rowing, in the greater Seattle area.

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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 $26,398

Program Service Revenue $625,477

Investment Income $71,144

Other Revenue $20,147

TOTAL REVENUE $743,166

Expense Breakdown

Grants Paid $750

Salaries & Benefits $238,718

Fundraising Expenses $7,191

Program Expenses $624,351

Other Expenses $468,170

TOTAL EXPENSES $707,638

Year-over-Year Comparison

	2024	2023	Change
Revenue	$743,166	$650,944	+0.1%
Expenses	$707,638	$491,166	+0.4%
Net Income	$35,528	$159,778	-0.8%

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

150

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
Carolyn Fletcher	President	12.00	Officer Director	$0	$0	$0
Don Kuehn	Vice President	3.00	Officer Director	$0	$0	$0
Jean Lee	Secretary	5	Officer Director	$0	$0	$0
Dianne Casper	Treasurer	6.00	Officer Director	$0	$0	$0
David Leon	Director	5.00	Director	$0	$0	$0
Layne Fisher	Director	5.00	Director	$0	$0	$0
Joel Osborn	Director	5.00	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	$743,166	$707,638	$2,024,228	$35,528
2023	$650,944	$491,166	$1,938,613	$159,778
2022	$610,580	$551,458	$1,732,186	$59,122
2021	$509,516	$369,411	$1,727,764	$140,105
2020	$400,564	$328,682	$1,532,696	$71,882
2019	$544,247	$418,512	$1,424,591	$125,735
2018	$464,323	$436,391	$1,253,777	$27,932

Lake Washington Rowing Club