Palo Alto Rowing Club
- Assets
- $372.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 09/2004
- Data as of
- 10/2017
- EIN
- 20-0314708
Organization Overview
Palo Alto Rowing Club is located in Sunnyvale, CA. The organization was established in 2004. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. Palo Alto Rowing Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2017, Palo Alto Rowing Club generated $45.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $51.5k during the year ending 10/2017. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
SUCCESSFULLY RAN A NOVICE AND JV PROGRAM. COMPETED AT LOCAL REGATTA AND CHAMPIONSHIPS. ATHLETES SUPPORTED ONE ANOTHER AND LEARNED TEAMWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Gardner Executive Director | 20 | $0 | |
Carol Platner Member | 0 | $0 | |
Russell Jones Member | 0 | $0 | |
Daniel Reulman Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,711 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,710 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $45,421 |
| Statement of Expenses | |
|---|---|
| Total expenses | $51,464 |
| Balance Sheet | |
|---|---|
| Total assets | $372,100 |
| Total liabilities | $33,879 |
| Net assets or fund balances | $338,221 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Palo Alto Rowing Club has recieved totaling $19,278.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,639 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,639 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |
Norcal Crew Redwood City, CA | $638,465 | $1,778,430 |
Davis Aquadarts Inc Davis, CA | $620,913 | $1,485,157 |