Nashville Rowing Club
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$356,996.06
Projected Expenses
$361,675.00
Organizational Budgets and Other Documents
| 2023-24 Budget | 2024 |
| 2022-23 Budget | 2023 |
| 2021-2022 Budget | 2022 |
| 2020-2021 Budget | 2021 |
| 2019-20 Budget | 2020 |
| 2018-2019 Budget | 2019 |
| 2017-18 Budget | 2018 |
| 2016-2017 Budget | 2017 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $311,728.00 | $378,235.00 | $304,223.00 |
| Total Expenses | $421,621.00 | $412,633.00 | $258,983.00 |
| Revenue Less Expenses | ($109,893.00) | ($34,398.00) | $45,240.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $54,400.00 |
| Contributions, Gifts, and Grants | $24,080.00 | $33,062.00 | $8,313.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $266,194.00 | $313,182.00 | $217,535.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $21,200.00 | $28,178.00 | $20,828.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $254.00 | $3,813.00 | $3,147.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $312,027.00 | $327,732.00 | $176,532.00 |
| Administration Expense | $109,594.00 | $84,901.00 | $82,451.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 74% | 92% | 117% |
| Program Expense/Total Expenses | 74% | 79% | 68% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $266,194.00 | Program Revenue $313,182.00 | Program Revenue $217,535.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $24,080.00 | Contributions, Gifts, and Grants $33,062.00 | Government Grants $54,400.00 |
| Third Highest Funding Source & Dollar Amount | Membership Dues $21,200.00 | Membership Dues $28,178.00 | Membership Dues $20,828.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $217,156.00 | $337,465.00 | $364,444.00 |
| Current Assets | $25,223.00 | $124,974.00 | $156,680.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $16,872.00 | $27,288.00 | $19,869.00 |
| Total Net Assets | $200,284.00 | $310,177.00 | $344,575.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Anticipated In 3 Years
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| 2022-23 From 990 | 2023 |
| 2021-22 Form 990 | 2022 |
| 2020-2021 Form 990 | 2021 |
| 2019-2020 Form 990 | 2020 |
| 2018-2019 Form 990 | 2019 |
| 2017-2018 Form 990 | 2018 |
| 2016-2017 Form 990 | 2017 |
| 2015-2016 Form 990 | 2016 |
| 2014-2015 Form 990 | 2015 |
| 2014 Form 990 | 2014 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial figures taken from Form 990. Form 990 was prepared by Kraft & Company, PLLC. Schedule B removed to protect donor privacy. Comments provided by Hayley Sulfridge 6/5/24. |
