The Annapolis Rowing Club Inc
- Assets
- $178.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 06/1989
- Data as of
- 12/2022
- EIN
- 52-1616051
Organization Overview
The Annapolis Rowing Club Inc is located in Annapolis, MD. The organization was established in 1989. 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. Annapolis Rowing Club 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 12/2022, Annapolis Rowing Club Inc generated $118.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $119.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
THE ANNAPOLIS ROWING CLUB (ARC) LEARN-TO-ROW (LTR)AND LEARN TO SCULL (LTS) PROGRAMS ARE DESIGNED TO GIVE PROSPECTIVE ROWERS A 'TASTE' OF THE SPORT, AND TO ALLOW INDIVIDUALS TO DETERMINE IF THEY WOULD LIKE TO ENTER INTO THE ARC NOVICE ROWING PROGRAM. ARC WAS ABLE TO CONDUCT 6 LTR AND 2 LTS PROGRAMS. THE CLUB MEMBERS SERVE AS COACHES, COXSWAINS AND MENTORS FOR THE PROGRAMS.ARC ALSO HAS AN ACTIVE ADAPTIVE ROWING PROGRAM THAT TEACHES PEOPLE WITH VARIOUS CHALLENGES TO ROW AN ASSORTMENT OF ROWING SHELLS. THE CLUB MEMBERS SERVE AS COACHES AND SUPPORT ROWERS WHILE MAKING ACCOMMODATIONS TO THE EQUIPMENT NECESSARY TO ALLOW THE PARTICIPANTS TO ROW SAFELY.ARC WAS ABLE TO EXPAND MEMBERSHIP AND ENABLE 134 MEMBERS TO ROW IN SINGLES, FOURS AND EIGHT SHELLS WHICH WAS AN INCREASE FROM 2021 (A YEAR UNDER THE CDC AND STATE COVID-19 GUIDELINES).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Owens President | 10 | $0 | |
Carolyn Voorhees Vice-President | 10 | $0 | |
Marylouise Wrabley Treasurer | 12 | $0 | |
Christopher Pfaff Secretary | 1 | $0 | |
Sara Pausley Director | 2 | $0 | |
Stephen Root Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,350 |
| Total Program Service Revenue | $32,789 |
| Membership dues | $82,430 |
| Investment income | $35 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $118,105 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $71,175 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,205 |
| Total expenses | $119,380 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,161 |
| Other assets | $0 |
| Total assets | $177,973 |
| Total liabilities | $0 |
| Net assets or fund balances | $177,973 |