LAKE OSWEGO ROWING CLUB FOUNDATION (EIN 911761885) - 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

1995

Legal Domicile

Principal Officer

BRETT NICKELL

Phone

5039980880

Tax Period

2023-01-01 to 2023-12-31

LAKE OSWEGO ROWING CLUB FOUNDATION, founded in 1995, is a small nonprofit in the Community Improvement sector that reported $430K in total revenue in fiscal year 2023. Expenses of $503K exceeded revenue, resulting in a 17% operating deficit.

Mission

COMMUNITY ROWING CLUB

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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 $16,682

Program Service Revenue $389,395

Investment Income $0

Other Revenue $24,188

TOTAL REVENUE $430,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,039

Fundraising Expenses $0

Program Expenses $485,920

Other Expenses $322,705

TOTAL EXPENSES $502,744

Year-over-Year Comparison

	2023	2022	Change
Revenue	$430,265	$444,380	0.0%
Expenses	$502,744	$503,517	0.0%
Net Income	$-72,479	$-59,137	+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

108

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
SHELLEY LORENZEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
CARL GRENDING	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DOUG GERWITZ	SECRETARY	5.00	Officer Director	$0	$0	$0
BRETT NICKELL	TREASURER	15.00	Officer Director	$0	$0	$0
INKERI CHISHOLM	DIRECTOR	3.00	Director	$0	$0	$0
NATHAN SKALSKY	DIRECTOR	10.00	Director	$0	$0	$0
MICHAELA KELLA ZACHER	DIRECTOR	4.00	Director	$0	$0	$0
SHAWN CHANG	DIRECTOR	8.00	Director	$0	$0	$0
JANELLE PRENTICE	DIRECTOR	5.00	Director	$0	$0	$0
ROSEALYNN SEITZ	DIRECTOR	5.00	Director	$0	$0	$0
MARC WEINSTEIN	DIRECTOR	3.00	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	$430,265	$502,744	$183,230	$-72,479
2022	$444,380	$503,517	$261,991	$-59,137
2021	$496,691	$372,302	$315,686	$124,389
2019	$301,404	$347,582	$213,958	$-46,178
2018	$330,862	$318,269	$259,003	$12,593

LAKE OSWEGO ROWING CLUB FOUNDATION