STATION L ROWING CLUB

EIN: 936090007 501(c)(3)

Portland, OR

Total Revenue
$266,957
Total Expenses
$278,139
Total Assets
$120,112
Net Assets
$114,695
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OR
Principal Officer
Peter Edwards
Phone
5039391768
Tax Period
2023-01-01 to 2023-12-31

STATION L ROWING CLUB, founded in 1987, is a small nonprofit that reported $267K in total revenue in fiscal year 2023.

Mission

Public Learn to Row classes enrolled 140 members of the public in beginner classes, each offering 16 hours of instruction. 160 members of the club maintained a regular rowing practice schedule of three 2 hour sessions per week, guided by our professional coaching staff. We hosted two competitions open to the community, one that drew 1000 participants--including youth and college rowers. The second drew 150 competitions.

Program Service Accomplishments

Program 1
Expenses: $74,524 Revenue: $139,251

160 members of the club maintained a regular rowing practice schedule of three 2 hour sessions per week, guided by our professional coaching staff.

Program 2
Expenses: $51,000 Revenue: $56,000

Public Learn to Row classes enrolled 130 members of the public in beginner classes, each offering 16 hours of instruction. New classes held on rowing machines attracted another 90 adult students.

Program 3
Expenses: $2,905 Revenue: $4,964

We co-hosted a competition that drew 1000 participants--including youth and college rowers. A second competition drew 15- competitors

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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 $203,366
Program Service Revenue $63,591
Investment Income $0
Other Revenue $0
TOTAL REVENUE $266,957

Expense Breakdown

Grants Paid $0
Salaries & Benefits $116,988
Fundraising Expenses $0
Program Expenses $128,429
Other Expenses $161,151
TOTAL EXPENSES $278,139

Year-over-Year Comparison

2023 2022 Change
Revenue $266,957 $253,002 +0.1%
Expenses $278,139 $235,207 +0.2%
Net Income $-11,182 $17,795 -1.6%
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

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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
130
Independent Members
N/A
Employees
23
Volunteers
50

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
3
$0
Total Directors
5
$24,007
Key Employees
1
$24,007
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Edwards Executive Director 20
Director Key Emp Highest
$24,007 $0 $24,007
Rachel Dumont At-Large 2
Director
$0 $0 $0
Mark Perepelitza At Large 2
Director
$0 $0 $0
Piper Davis At Large Member 2
Director
$0 $0 $0
Jeffery Krueger Secretary 2
Officer Director
$0 $0 $0
Jenny Ruthven Treasurer 3
Officer
$0 $0 $0
Eric Johnston Board Chair 3
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
2024 No data No data No data No data
2023 $266,957 $278,139 $120,112 $-11,182
2022 $253,002 $235,207 $125,877 $17,795
2021 $224,218 $185,182 $108,082 $39,036
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