Sammamish Rowing Association

EIN: 911696516 501(c)(3) Recreation & Sports

Redmond, WA

Total Revenue
$2,028,118
Total Expenses
$1,972,082
Total Assets
$5,192,008
Net Assets
$4,579,171
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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
1996
Legal Domicile
WA
Principal Officer
Sarah Low
Phone
4256532583
Tax Period
2024-01-01 to 2024-12-31

Sammamish Rowing Association, founded in 1996, is a community nonprofit in the Recreation & Sports sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Net assets of $4.6M represent 27 months of operating reserves.

Mission

Rowing, Education and Recreation.

Program Service Accomplishments

Program 1
Expenses: $1,774,371 Revenue: $1,744,013

Sammamish Rowing Association (SRA) provides a variety of rowing programs for youth and adults of all athletic and physical abilities. In 2024, SRA had over 1,000 participants including Adults, and...

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Sammamish Rowing Association (SRA) provides a variety of rowing programs for youth and adults of all athletic and physical abilities. In 2024, SRA had over 1,000 participants including Adults, and High and Middle School students

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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 $260,972
Program Service Revenue $1,744,013
Investment Income $39,943
Other Revenue $-16,810
TOTAL REVENUE $2,028,118

Expense Breakdown

Grants Paid $23,214
Salaries & Benefits $985,539
Fundraising Expenses $55,749
Program Expenses $1,774,371
Other Expenses $963,329
TOTAL EXPENSES $1,972,082

Year-over-Year Comparison

2024 2023 Change
Revenue $2,028,118 $1,695,888 +0.2%
Expenses $1,972,082 $1,741,337 +0.1%
Net Income $56,036 $-45,449 -2.2%
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

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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
13
Independent Members
13
Employees
39
Volunteers
115

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
5
$103,417
Total Directors
14
$103,417
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Low Executive Dir. 40.00
Officer Director
$103,417 $0 $103,417
Eliza Dickson Jr Program Dir. 40.00
$100,857 $0 $100,857
Yvonne Cote President 4.00
Officer Director
$0 $0 $0
Christen Kartaltepe Vice President 1.00
Officer Director
$0 $0 $0
Birgit Bertram Treasurer 4.00
Officer Director
$0 $0 $0
Tara Neider Secretary 1.00
Officer Director
$0 $0 $0
Nancy Johnson Staff Liason 1.00
Director
$0 $0 $0
Bart Eppenauer Director 1.00
Director
$0 $0 $0
Daine Carlson Director 1.00
Director
$0 $0 $0
Lora Plaskon Director 1.00
Director
$0 $0 $0
Peter Struyvenberg Director 1.00
Director
$0 $0 $0
Sharon Cunnington Director 1.00
Director
$0 $0 $0
Deborah Grauer Director 1.00
Director
$0 $0 $0
Paul Dow Director 1.00
Director
$0 $0 $0
Yaya Guo 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 $2,028,118 $1,972,082 $5,192,008 $56,036
2023 $1,695,888 $1,741,337 $5,153,354 $-45,449
2022 $1,909,942 $1,916,162 $4,754,087 $-6,220
2021 $1,351,994 $1,257,830 $4,776,054 $94,164
2020 $1,164,033 $1,042,846 $4,690,596 $121,187
2019 $1,864,615 $1,812,850 $4,164,718 $51,765
2018 $1,536,496 $1,603,574 $4,135,349 $-67,078
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