Civic Intelligence

Bethesda Center of Excellence DBA Potomac Whitewater Racing Center

EIN 05-0524304 • 501(c)3 • Cabin John, MD

Profile

The mission of the potomac whitewater racing center (pwrc) is to promote the sports of slalom and wildwater canoe and kayak racing, including providing high-quality year-round whitewater slalom training to all actively training and racing pwrc athletes.

PO Box 435Cabin John, MD 20818

www.potomacwhitewater.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.01x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

13th percentile

-60%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$24,300

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 23.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

24th percentile

-37%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-30%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$104,081

Down $60,320 (-37%) from 2023

Liabilities

Up

$1,533

Up $862 (+128%) from 2023

Net Assets

Down

$102,548

Down $61,182 (-37%) from 2023

Revenue

Down

$102,266

Down $43,990 (-30%) from 2023

Expenses

Up

$163,448

Up $3,189 (+2.0%) from 2023

Net Income

Down

-$61,182

Down $47,179 (-337%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2017: $197,914Liabilities 2017: $0Net Assets 2017: $197,9142017Assets 2018: $188,982Liabilities 2018: $0Net Assets 2018: $188,9822018Assets 2019: $205,591Liabilities 2019: $0Net Assets 2019: $205,5912019Assets 2020: $194,819Liabilities 2020: $0Net Assets 2020: $194,8192020Assets 2021: $194,971Liabilities 2021: $838Net Assets 2021: $194,1332021Assets 2022: $179,553Liabilities 2022: $1,820Net Assets 2022: $177,7332022Assets 2023: $164,401Liabilities 2023: $671Net Assets 2023: $163,7302023Assets 2024: $104,081Liabilities 2024: $1,533Net Assets 2024: $102,5482024

Highlighted filing

2024

Assets$104,081
Liabilities$1,533
Net Assets$102,548

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2017: $176,374Expenses 2017: $31,684Net Income 2017: $144,6902017Revenue 2018: $94,130Expenses 2018: $103,062Net Income 2018: -$8,9322018Revenue 2019: $148,226Expenses 2019: $131,617Net Income 2019: $16,6092019Revenue 2020: $137,556Expenses 2020: $148,328Net Income 2020: -$10,7722020Revenue 2021: $182,072Expenses 2021: $182,758Net Income 2021: -$6862021Revenue 2022: $159,092Expenses 2022: $175,492Net Income 2022: -$16,4002022Revenue 2023: $146,256Expenses 2023: $160,259Net Income 2023: -$14,0032023Revenue 2024: $102,266Expenses 2024: $163,448Net Income 2024: -$61,1822024

Highlighted filing

2024

Revenue$102,266
Expenses$163,448
Net Income-$61,182

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$102,266
Mission and Program Overview

Mission

The mission of the Bethesda Center of Excellence Inc. DBA Potomac Whitewater Racing (PWRC) is to promote the sport of slalom canoe and kayak racing, including providing high-quality year-round whitewater slalom training to PWRC athletes. RACES: PWRC hosted and organized the 2017 Whitewater Canoe Slalom US National Championships at the Olympic level whitewater course in Dickerson, MD. This event drew almost 50 athletes and 100 spectators from around the country, who came to participate in and watch a day of slalom and BoaterCross races. PWRC also hosted and organized a community slalom race that drew 25 local paddlers to the Feeder Canal at Lock 6 of the C&O Canal, as well as a second slalom race at Dickerson that drew 40 paddlers from around the country. COACHING: PWRC coaches provide year-round instruction in whitewater slalom canoe and kayak on the Feeder Canal in Bethesda and the Dickerson whitewater course, as well as at the David Taylor Model basin in the winter.

The mission of the potomac whitewater racing center (pwrc) is to promote the sports of slalom and wildwater canoe and kayak racing, including providing high-quality year-round whitewater slalom training to all actively training and racing pwrc athletes.

Program Services

DescriptionGrantsExpenses
COACHING: PWRC COACHES PROVIDE YEAR-ROUND INSTRUCTION IN WHITEWATER SLALOM CANOE AND KAYAK TO AROUND 20 PADDLERS IN THE WASHINGTON, DC AREA. THIS COACHING TAKES PLACE PRIMARILY ON THE FEEDER CANAL IN BETHESDA, BUT COACHES AND ATHLETES ALSO TRAVEL TO SLALOM TRAINING CAMPS AND RACES IN CHARLOTTE, NC, MONTGOMERY, AL AND OKLAHOMA CITY, AS WELL AS IN EUROPE. MANY PWRC ATHLETES GO ON TO MAKE THE JUNIOR, U23, AND SENIOR US NATIONAL SLALOM TEAMS AND COMPETE AT THE OLYMPICS, WORLD CHAMPIONSHIPS, WORLD CUPS, AND OTHER NATIONAL AND INTERNATIONAL RACES. PWRC ALSO RUNS A SUMMER CAMP TO RECRUIT AND ENCOURAGE YOUNG WHITEWATER PADDLERSTRAVEL EXPENSES: PWRC COACHES TRAVEL TO NATIONAL AND INTERNATIONAL TRAINING CAMPS AND RACES TO COACH PWRC ATHLETES. IN THE SUMMER OF 2024, PWRC COACHES TRAVELED WITH MEMBERS OF THE US NATIONAL TEAM TO EUROPE FOR JUNIOR AND U23 WORLD CHAMPIONSHIPS IN LIPTOVSKY MIKULAS, SLOVAKIA. IN THE US, PWRC COACHES COACHED GROUPS AT US TEAM TRIALS IN MONTGOMERY, AL AND OKLAHOMA CITY; AT US NATIONAL CHAMPIONSHIPS IN CHARLOTTE, NC; AND AT ONE TRAINING CAMP IN MONTGOMERY, AL.$0$137,506
TRAINING FACILITIES: PWRC MAINTAINS RACE-READY SLALOM GATES AT THE FEEDER CANAL AT LOCK 6 OF THE C&O CANAL IN BETHESDA, MD. THESE GATES ARE USED BY HUNDREDS OF PADDLERS EACH YEAR, INCLUDING PWRC ATHLETES, STUDENTS FROM OTHER KAYAK TRAINING PROGRAMS AND SUMMER CAMPS, AS WELL AS THE GENERAL PUBLIC. PWRC MAINTAINS A SMALL WEIGHT ROOM IN BROOKMONT, MD THAT IS AVAILABLE TO ALL MEMBERS. IN 2024, PWRC RENTED TIME IN A SWIMMING POOL DURING THE WINTER SO THAT NEW PADDLERS COULD PRACTICE THEIR KAYAK ROLLING SKILLS.$0$13,420
ATHLETE SUPPORT: IN 2024, PWRC PROVIDED FINANCIAL SUPPORT TO SIX PWRC ATHLETES FOR THEIR EXCEPTIONAL PERFORMANCE DURING INTERNATIONAL RACES. THIS INCLUDES 3 ATHLETES WHO MADE SEMIFINALS AT JUNIOR AND U23 WORLD CHAMPIONSHIPS IN SLOVAKIA, AND 3 ATHLETES WHO MADE SEMIFINALS IN AT LEAST ONE WORLD CUP RACE IN EUROPE.$2,550$2,550
RACES: PWRC HOSTED AND ORGANIZED FOUR COMMUNITY SLALOM RACES THAT EACH DREW 20-40 LOCAL PADDLERS TO THE FEEDER CANAL AT LOCK 6 OF THE C&O CANAL.$0$1,924
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TYLER WESTFALLAthlete Representative-$24,300-$24,300
NATHANIEL FRANCISAthlete Representative-$1,330-$1,330
MIKE CORCORANPresident & Board Chairper-$0--
ADAM JOSEPHVice President & Vice Chai-$0--
TYRA WOLFSBERGTreasurer-$0--
ELIZABETH KINGSecretary-$0--
JAMES SOUTHWORTHAt-Large Representative-$0--
VIJI RANGASWAMIAt-Large Representative-$0--
BRIAN SAWERSAt-Large Representative-$0--
Filing and Contact Details

Filer

Filer Name
Bethesda Center of Excellence Dba
EIN
05-0524304
Phone
7039733639
Address
PO BOX 435, CABIN JOHN, MD 20818

Signing Officer

Name
Tyra Wolfsberg
Title
Treasurer
Phone
7039733639
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Uhy Advisors Mid-atlantic Inc
Address
7900 WESTPARK DR SUITE T420, MCLEAN, VA 22102
Preparer
Natasha B Perkins
Phone
7038932660
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income on bank accounts. Amount: 10.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: race costs. Amount: 1,759. Description: office expenses. Amount: 2,075. Description: travel. Amount: 11,927. Description: insurance. Amount: 165. Description: depreciation. Amount: 4,307. Total to form 990-ez, line 16: 20,233.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expense. Beg. Of year amount: 0. End of year amount: 810. Description: other depreciable assets. Beg. Of year amount: 9,844. End of year amount: 5,537.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 671. End of year amount: 1,533.

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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE POTOMAC WHITEWATER RACING CENTER (PWRC) IS TO PROMOTE THE SPORTS OF SLALOM AND WILDWATER CANOE AND KAYAK RACING, INCLUDING PROVIDING HIGH-QUALITY YEAR-ROUND WHITEWATER SLALOM TRAINING TO ALL ACTIVELY TRAINING AND RACING PWRC ATHLETES.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TRAINING FACILITIES: PWRC MAINTAINS RACE-READY SLALOM GATES AT THE FEEDER CANAL AT LOCK 6 OF THE C&O CANAL IN BETHESDA, MD. THESE GATES ARE USED BY HUNDREDS OF PADDLERS EACH YEAR, INCLUDING PWRC ATHLETES, STUDENTS FROM OTHER KAYAK TRAINING PROGRAMS AND SUMMER CAMPS, AS WELL AS THE GENERAL PUBLIC. PWRC MAINTAINS A SMALL WEIGHT ROOM IN BROOKMONT, MD THAT IS AVAILABLE TO ALL MEMBERS. IN 2024, PWRC RENTED TIME IN A SWIMMING POOL DURING THE WINTER SO THAT NEW PADDLERS COULD PRACTICE THEIR KAYAK ROLLING SKILLS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3ATHLETE SUPPORT: IN 2024, PWRC PROVIDED FINANCIAL SUPPORT TO SIX PWRC ATHLETES FOR THEIR EXCEPTIONAL PERFORMANCE DURING INTERNATIONAL RACES. THIS INCLUDES 3 ATHLETES WHO MADE SEMIFINALS AT JUNIOR AND U23 WORLD CHAMPIONSHIPS IN SLOVAKIA, AND 3 ATHLETES WHO MADE SEMIFINALS IN AT LEAST ONE WORLD CUP RACE IN EUROPE.
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt030206
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt013540
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0110881
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0102256
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0146240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0159078
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0182056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0137529
IRS990ScheduleA/Total509Grp/TotalAmt0727159
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0102266
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0146255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0159092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0182072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0137556
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0727241
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME ON BANK ACCOUNTS. AMOUNT: 10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RACE COSTS. AMOUNT: 1,759. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,075. DESCRIPTION: TRAVEL. AMOUNT: 11,927. DESCRIPTION: INSURANCE. AMOUNT: 165. DESCRIPTION: DEPRECIATION. AMOUNT: 4,307. TOTAL TO FORM 990-EZ, LINE 16: 20,233.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 810. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 9,844. END OF YEAR AMOUNT: 5,537.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 671. END OF YEAR AMOUNT: 1,533.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TYRA WOLFSBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07039733639
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHESDA CENTER OF EXCELLENCE DBA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0POTOMAC WHITEWATER RACING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0050524304
ReturnHeader/Filer/PhoneNum07039733639
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 435
ReturnHeader/Filer/USAddress/CityNm0CABIN JOHN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020818
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260794367
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0UHY ADVISORS MID-ATLANTIC INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07900 WESTPARK DR SUITE T420
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCLEAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd022102
ReturnHeader/PreparerPersonGrp/PhoneNum07038932660
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATASHA B PERKINS
ReturnHeader/ReturnTs02025-11-14T11:44:11-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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