RECREATIONAL BOATING ASSOCIATION O… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

AUDREY HICKS

Phone

2063569453

Tax Period

2024-01-01 to 2024-12-31

RECREATIONAL BOATING ASSOCIATION OF WASHINGTON, founded in 1956, is a small nonprofit that reported $419K in total revenue in fiscal year 2024. Revenue surged 101% from the prior year, signaling strong growth momentum.

Mission

PROMOTE AND SUPPORT THE NEEDS OF THE RECREATIONAL BOATERS THROUGH ADVOCACY, AWARENESS, AND PRESERVATION AND GROWTH OF BOATING OPPORTUNITIES IN OUR STATE.

Program Service Accomplishments

Program 1

Expenses: $52,403

SINCE OUR FORMATION IN THE 1950S, RBAW HAS BEEN INSTRUMENTAL IN SUPPORTING THE NEEDS OF THE RECREATIONAL BOATING COMMUNITY AND HELPING GROW IT TO REPRESENT THE OWNERS OF OVER 250,000 BOATS ON...

SINCE OUR FORMATION IN THE 1950S, RBAW HAS BEEN INSTRUMENTAL IN SUPPORTING THE NEEDS OF THE RECREATIONAL BOATING COMMUNITY AND HELPING GROW IT TO REPRESENT THE OWNERS OF OVER 250,000 BOATS ON WASHINGTON WATERS. WE ARE AN ORGANIZATION OF PASSIONATE BOATERS CARRYING OUT STATEWIDE ADVOCACY OF RECREATIONAL BOATING ISSUES AND OPPORTUNITIES. WE PRIDE OURSELVES ON BEING THE "VOICE OF BOATERS" IN OLYMPIA. RBAW IS THE ONLY ORGANIZATION IN WASHINGTON THAT SUPORTS THE NEEDS OF THE RECREATIONAL BOATERS THROUGH ADVOCACY, AWARENESS, AND PRESERVATION AND GROWTH OF BOATING OPPORTUNITIES IN OUR STATE. THE WORK WE DO DIRECTLY AFFECTS EVERY BOATER ON WASHINGTON WATERS.

Program 2

Expenses: $36,088

LOBBY STATE LEGISLATORS ON ISSUES AND PENDING LAWS RELATING TO BOATERS.

Program 3

Expenses: $235,254

THE LAKE UNION WATER SAFETY INITIATIVE (NAMED MINDTHEZONE BY RBAW) IS FUNDED BY THE WA STATE LEGISLATURE TO ADDRESS CONCERNS OF INCREASING CONFLICTS BETWEEN SEAPLANES, RECREATIONAL VESSELS AND PADDLE CRAFT. RBAW RECEIVES GRANTS FOR STAFFING, ADVERTISING AND PROMOTIONAL MATERIAL TO MAKE LAKE GOERS AWARE OF THE SEAPLANE ADVISORY BUOYS AND WHAT TO DO WHEN THEY FLASH.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $419,323

Program Service Revenue $0

Investment Income $15

Other Revenue $0

TOTAL REVENUE $419,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,961

Fundraising Expenses $700

Program Expenses $370,614

Other Expenses $347,765

TOTAL EXPENSES $435,726

Year-over-Year Comparison

	2024	2023	Change
Revenue	$419,338	$208,976	+1.0%
Expenses	$435,726	$220,738	+1.0%
Net Income	$-16,388	$-11,762	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$47,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATIE BOHOCKY	EXECUTIVE DI	40.00	Director	$47,000	$0	$47,000
JEFF BARNEY	DIRECTOR	1.00	Director	$0	$0	$0
DAVE BIBBY	DIRECTOR	1.00	Director	$0	$0	$0
BUTCH BROWN	DIRECTOR	1.00	Director	$0	$0	$0
WARREN ELFSTROM	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FADELY	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE GILHAM	PAST PRESIDE	5.00	Officer Director	$0	$0	$0
JORDAN GLIDDEN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE GREAVES	SECRETARY	5.00	Officer Director	$0	$0	$0
KEVIN HASTINGS	DIRECTOR	1.00	Director	$0	$0	$0
AUDREY HICKS	TREASURER	5.00	Officer Director	$0	$0	$0
DAVID KUTZ	DIRECTOR	1.00	Director	$0	$0	$0
JASON LIPPENBERGER	DIRECTOR	1.00	Director	$0	$0	$0
JIM METCALF	DIRECTOR	1.00	Director	$0	$0	$0
DAN NIVEN	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA PIERANTOZZI	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
ROBERT RANZENBACH	DIRECTOR	1.00	Director	$0	$0	$0
PAUL THORPE	DIRECTOR	1.00	Director	$0	$0	$0
LOYD WALKER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
DAVE WILLIS	DIRECTOR	1.00	Director	$0	$0	$0
BOB WISE	PRESIDENT	5.00	Officer 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	$419,338	$435,726	$80,528	$-16,388
2023	$208,976	$220,738	$96,555	$-11,762

RECREATIONAL BOATING ASSOCIATION OF WASHINGTON