Civic Intelligence

Bare Hill Rowing Association Inc

990 • Fiscal year 2020 • EIN 20-0519365

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2021

PO Box 360Harvard, MA 01451

(650) 339-0543

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

36th percentile

-2.5%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$48,773

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 18.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-5.5%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-26%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$361,642

Down $21,158 (-5.5%) from 2019

Net Assets

Down

$351,579

Down $6,599 (-1.8%) from 2019

Liabilities

Down

$10,063

Down $14,559 (-59%) from 2019

Revenue

Down

$268,621

Down $96,450 (-26%) from 2019

Expenses

Down

$275,220

Down $81,867 (-23%) from 2019

Net Income

Down

-$6,599

Down $14,583 (-183%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $156,466Liabilities 2011: $13,250Net Assets 2011: $143,2162011Assets 2012: $230,398Liabilities 2012: $43,305Net Assets 2012: $187,0932012Assets 2013: $257,198Liabilities 2013: $47,963Net Assets 2013: $209,2352013Assets 2014: $314,522Liabilities 2014: $51,632Net Assets 2014: $262,8902014Assets 2015: $332,578Liabilities 2015: $38,147Net Assets 2015: $294,4312015Assets 2016: $384,130Liabilities 2016: $46,673Net Assets 2016: $337,4572016Assets 2017: $435,622Liabilities 2017: $35,868Net Assets 2017: $399,7542017Assets 2018: $385,865Liabilities 2018: $35,671Net Assets 2018: $350,1942018Assets 2019: $382,800Liabilities 2019: $24,622Net Assets 2019: $358,1782019Assets 2020: $361,642Liabilities 2020: $10,063Net Assets 2020: $351,5792020Assets 2021: $402,797Liabilities 2021: $17,039Net Assets 2021: $385,7582021Assets 2022: $457,129Liabilities 2022: $18,898Net Assets 2022: $438,2312022Assets 2023: $561,465Liabilities 2023: $31,159Net Assets 2023: $530,3062023Assets 2024: $584,130Liabilities 2024: $7,042Net Assets 2024: $577,0882024

Highlighted filing

2020

Assets$361,642
Liabilities$10,063
Net Assets$351,579

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $56,605Expenses 2011: $160,076Net Income 2011: -$103,4712011Revenue 2012: $249,061Expenses 2012: $195,496Net Income 2012: $53,5652012Revenue 2013: $270,073Expenses 2013: $247,931Net Income 2013: $22,1422013Revenue 2014: $304,746Expenses 2014: $251,091Net Income 2014: $53,6552014Revenue 2015: $330,950Expenses 2015: $299,409Net Income 2015: $31,5412015Revenue 2016: $374,018Expenses 2016: $330,992Net Income 2016: $43,0262016Revenue 2017: $428,717Expenses 2017: $366,420Net Income 2017: $62,2972017Revenue 2018: $318,705Expenses 2018: $368,265Net Income 2018: -$49,5602018Revenue 2019: $365,071Expenses 2019: $357,087Net Income 2019: $7,9842019Revenue 2020: $268,621Expenses 2020: $275,220Net Income 2020: -$6,5992020Revenue 2021: $339,974Expenses 2021: $305,795Net Income 2021: $34,1792021Revenue 2022: $416,547Expenses 2022: $364,074Net Income 2022: $52,4732022Revenue 2023: $470,629Expenses 2023: $378,554Net Income 2023: $92,0752023Revenue 2024: $450,700Expenses 2024: $403,918Net Income 2024: $46,7822024

Highlighted filing

2020

Revenue$268,621
Expenses$275,220
Net Income-$6,599
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2021
Return Version
2020v4.1
Gross Receipts
$268,754
Mission and Program Overview

Mission

Provide a competitive rowing program for high school students and provide recreational rowing training for members of the community.

Provide competitive rowing program for high school students in harvard, acton & boxborough, ma. Also provide recreational rowing training for residents in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$245,297$211,892▼ $33,405
Cash and Non-Interest-Bearing Accounts$21,542$100,037▲ $78,495
Savings and Temporary Cash Investments$90,763$40,873▼ $49,890
Prepaid Expenses and Deferred Charges$25,198$8,840▼ $16,358
Accounts Receivable$0--
Total Assets$382,800$361,642▼ $21,158
Liabilities
Deferred Revenue$14,467$5,610▼ $8,857
Mortgage Notes Payable Secured by Investment Property$4,807--
Accounts Payable and Accrued Expenses$5,348$4,453▼ $895
Total Liabilities$24,622$10,063▼ $14,559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$349,273$344,674▼ $4,599
Net Assets With Donor Restrictions$8,905$6,905▼ $2,000
Total Net Assets Fund Balance$358,178$351,579▼ $6,599
Total Liabilities and Net Assets / Fund Balance$382,800$361,642▼ $21,158

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$211,892$418,038$629,930
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Holly HattonProgram DirectorFT$48,773$48,773
Julie NockaDirectorPT$9,875$9,875

Board Members and Trustees

NameTitle
Craig BardenheuerCo-president
Miriam MeyerCo-president
Eric BuchoveckyDirector
Jeff MaxwellDirector
Pam ErdosDirector
Ruth SudduthDirector
Ted Van DusenDirector
Tom HartleyDirector
Cathy WalkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,093
Program Service Revenue
$210,007
Investment Income
$117
Other Revenue
$404
All Other Contributions
$37,633
Change in Net Assets
$-6,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$157,309
Other Expenses$117,911
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$73,721$5,462-$79,183
Current Officers, Directors, Trustees, and Key Employees$58,648--$58,648
Depreciation Depletion$52,963--$52,963
Insurance$21,068--$21,068
Payroll Taxes$9,820$819-$10,639
Other Employee Benefits$8,839--$8,839
Fees for Services Other-$5,580-$5,580
Occupancy$5,100--$5,100
Fees for Services Accounting-$3,625-$3,625
Other Expenses$2,705--$2,705
Information Technology$2,701--$2,701
All Other Expenses$1,339--$1,339
Travel$17--$17
Total Functional Expenses$259,734$15,486$0$275,220
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$133
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Leaf Raking$20,460-$133-
Total Events$20,460-$133$-133
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

No committee alone can act on behalf of the organization without board approval.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the treasurer (cpa) and president of the organization. A copy of the return is available for review to all directors before filing.

Form 990, Part VI, Section B, Line 12C

The bhra board annually reviews, affirms and signs the organization's conflict of interest policy, instituted in 2019. The board and its members regularly monitor and self-monitor for, and disclose, conflicts and interests which may give rise to potential conflicts. The board enforces standards in accordance with the policy.

Form 990, Part VI, Section C, Line 19

Governing documents are available upon request. Financial statements are available on the massachusetts' attorney general's website.

Filing and Contact Details

Filer

Filer Name
Bare Hill Rowing Association Inc
EIN
20-0519365
Phone
6503390543
Address
PO BOX 360, HARVARD, MA 01451

Signing Officer

Name
Cathy Walker
Title
Treasurer
Phone
6503390543
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Walker
Formed
2003
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
9
Employees
18
Volunteers
10

Preparer

Firm
Smith Sullivan & Brown Pc
Address
80 FLANDERS ROAD - SUITE 200, WESTBOROUGH, MA 01581
Preparer
Sandra M Brown CPA
Phone
5088717178
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IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07184
IRS990/PYOtherExpensesAmt0198796
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0305584
IRS990/PYRevenuesLessExpensesAmt07984
IRS990/PYSalariesCompEmpBnftPaidAmt0158291
IRS990/PYTotalExpensesAmt0357087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0365071
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-6599
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0210007
IRS990/SavingsAndTempCashInvstGrp/BOYAmt090763
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt037633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011165
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt093928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0209994
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0571
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0429
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0292
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01637
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0210007
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0537
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0537
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90100
IRS990ScheduleA/PublicSupportPY170Pct00.99240
IRS990ScheduleA/PublicSupportTotal170Amt0209480
IRS990ScheduleA/SubstantialContributorsTotAmt0514
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt037633
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011165
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt093928
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044442
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0209994
IRS990ScheduleA/TotalSupportAmt0232495
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt020327
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt020327
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0211892
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0418038
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0629930
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0211892
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt020460
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt020460
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0133
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LEAF RAKING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020460
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020460
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-133
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0133
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0133
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE ALONE CAN ACT ON BEHALF OF THE ORGANIZATION WITHOUT BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE TREASURER (CPA) AND PRESIDENT OF THE ORGANIZATION. A COPY OF THE RETURN IS AVAILABLE FOR REVIEW TO ALL DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BHRA BOARD ANNUALLY REVIEWS, AFFIRMS AND SIGNS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, INSTITUTED IN 2019. THE BOARD AND ITS MEMBERS REGULARLY MONITOR AND SELF-MONITOR FOR, AND DISCLOSE, CONFLICTS AND INTERESTS WHICH MAY GIVE RISE TO POTENTIAL CONFLICTS. THE BOARD ENFORCES STANDARDS IN ACCORDANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE MASSACHUSETTS' ATTORNEY GENERAL'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0382800
IRS990/TotalAssetsEOYAmt0361642
IRS990/TotalAssetsGrp/BOYAmt0382800
IRS990/TotalAssetsGrp/EOYAmt0361642
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt058093
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015486
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0259734
IRS990/TotalFunctionalExpensesGrp/TotalAmt0275220
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024622
IRS990/TotalLiabilitiesEOYAmt010063
IRS990/TotalLiabilitiesGrp/BOYAmt024622
IRS990/TotalLiabilitiesGrp/EOYAmt010063
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0358178
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0351579
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0259734
IRS990/TotalProgramServiceRevenueAmt0210007
IRS990/TotalReportableCompFromOrgAmt058648
IRS990/TotalRevenueGrp/ExclusionAmt0521
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0210007
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0268621
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0382800
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0361642
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017
IRS990/TravelGrp/TotalAmt017
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 360
IRS990/USAddress/CityNm0HARVARD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001451
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.84$0.07$5.77$4.51$4.04$0.47
2023Detailed filing. Detailed filing data is available for this year.$5.61$0.31$5.30$4.71$3.79$0.92
2022Detailed filing. Detailed filing data is available for this year.$4.57$0.19$4.38$4.17$3.64$0.52
2021Detailed filing. Detailed filing data is available for this year.$4.03$0.17$3.86$3.40$3.06$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.62$0.10$3.52$2.69$2.75$0.07
2019Summary only. Only limited summary data is available for this year.$3.83$0.25$3.58$3.65$3.57$0.08
2018Summary only. Only limited summary data is available for this year.$3.86$0.36$3.50$3.19$3.68$0.50
2017Summary only. Only limited summary data is available for this year.$4.36$0.36$4.00$4.29$3.66$0.62
2016Summary only. Only limited summary data is available for this year.$3.84$0.47$3.37$3.74$3.31$0.43
2015Summary only. Only limited summary data is available for this year.$3.33$0.38$2.94$3.31$2.99$0.32
2014Summary only. Only limited summary data is available for this year.$3.15$0.52$2.63$3.05$2.51$0.54
2013Summary only. Only limited summary data is available for this year.$2.57$0.48$2.09$2.70$2.48$0.22
2012Summary only. Only limited summary data is available for this year.$2.30$0.43$1.87$2.49$1.95$0.54
2011Summary only. Only limited summary data is available for this year.$1.56$0.13$1.43$0.57$1.60$1.03