North Charlotte Rowing Inc
- Assets
- $407.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, NC
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4057146
Organization Overview
North Charlotte Rowing Inc is located in Belmont, NC. The organization was established in 2014. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Charlotte Rowing Inc 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 12/2023, North Charlotte Rowing Inc generated $163.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $159.3k during the year ending 12/2023. While expenses have increased by 15.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
YOUTH SPRING AND FALL ROWING PROGRAMS ALL PAID BY PROGRAM FEES. WE HAD MORE PARTICIPANTS IN OUR PROGRAMS THAN IN ANY PREVIOUS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenn Bower President | 5 | $0 | |
David Yagnesak Senior Vice Pre | 5 | $0 | |
Debbie Brown Vice President | 5 | $0 | |
Sarah Macey Secretary | 5 | $0 | |
Val Alcorn Treasurer | 5 | $0 | |
Paige Anding Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,333 |
| Total Program Service Revenue | $139,945 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,278 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,478 |
| Professional fees and other payments to independent contractors | $1,331 |
| Occupancy, rent, utilities, and maintenance | $15,598 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $92,880 |
| Total expenses | $159,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,712 |
| Other assets | $0 |
| Total assets | $407,712 |
| Total liabilities | $352,632 |
| Net assets or fund balances | $55,080 |