Augusta Rowing Club Incorporated
- Assets
- $344.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Augusta, GA
- Founding
- 08/1986
- Data as of
- 12/2021
- EIN
- 58-1604135
Organization Overview
Augusta Rowing Club Incorporated is located in Augusta, GA. The organization was established in 1986. 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. Augusta Rowing Club Incorporated 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 12/2021, Augusta Rowing Club Incorporated generated $92.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $53.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE AUGUSTA ROWING CLUB SERVICED OVER 30 ADULT MEMBERS, 3 COLLEGIATE, AND 12 JUNIOR MEMBERS DURING 2021. THE CLUB DID HOST REGATTAS AND SUPPORT COLLEGIATE/HIGH SCHOOL CREWS DURING SPRING TRAINING, ALL OF WHICH TYPICALLY PROVIDED A LARGE POSITIVE ECONOMIC IMPACT TO THE LOCAL ECONOMY. (1 REGATTA AND 45+ MEMBERSHIP).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandt Bonin Treasurer | 4 | $0 | |
Megan Buckalew President | 5 | $0 | |
Kay Fletcher Vice President | 4 | $0 | |
Kirsten Alyward Secretary | 4 | $0 | |
Alan Struna Board Member | 4 | $0 | |
Kevin Dickson Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,604 |
| Total Program Service Revenue | $6,992 |
| Membership dues | $18,973 |
| Investment income | $87 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $46,514 |
| Other Revenue | $0 |
| Total Revenue | $92,170 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,083 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,482 |
| Total expenses | $53,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $127,790 |
| Other assets | $0 |
| Total assets | $344,586 |
| Total liabilities | $4,250 |
| Net assets or fund balances | $340,336 |