Civic Intelligence

Merrimac River Rowing Association Inc

990EZ • Fiscal year 2015 • EIN 22-2547676

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 15, 2016

PO Box 1909Lowell, MA 01853

(978) 746-7023

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$188,064

Up $19,550 (+12%) from 2014

Net Assets

Up

$188,064

Up $19,550 (+12%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$91,648

Down $10,909 (-11%) from 2014

Expenses

Up

$72,098

Up $8,374 (+13%) from 2014

Net Income

Down

$19,550

Down $19,283 (-50%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $62,168Net Assets 2010: $62,1682010Assets 2011: $86,744Net Assets 2011: $86,7442011Assets 2012: $11,171Net Assets 2012: $02012Assets 2013: $129,681Liabilities 2013: $02013Assets 2014: $168,514Net Assets 2014: $168,5142014Assets 2015: $188,064Net Assets 2015: $188,0642015Assets 2016: $170,900Net Assets 2016: $170,9002016Assets 2017: $179,794Net Assets 2017: $179,7942017Assets 2018: $188,282Liabilities 2018: $0Net Assets 2018: $188,2822018Assets 2019: $194,942Liabilities 2019: $0Net Assets 2019: $194,9422019Assets 2020: $199,397Liabilities 2020: $0Net Assets 2020: $199,3972020Assets 2021: $191,302Liabilities 2021: $0Net Assets 2021: $191,3022021Assets 2022: $193,769Liabilities 2022: $0Net Assets 2022: $193,7692022Assets 2023: $186,501Liabilities 2023: $0Net Assets 2023: $186,5012023Assets 2024: $188,766Liabilities 2024: $0Net Assets 2024: $188,7662024

Highlighted filing

2015

Assets$188,064
Liabilities-
Net Assets$188,064

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $63,115Expenses 2010: $39,345Net Income 2010: $23,7702010Revenue 2011: $77,709Expenses 2011: $53,133Net Income 2011: $24,5762011Revenue 2012: $0Expenses 2012: $4,468Net Income 2012: -$4,4682012Revenue 2013: $80,447Expenses 2013: $62,550Net Income 2013: $17,8972013Revenue 2014: $102,557Expenses 2014: $63,724Net Income 2014: $38,8332014Revenue 2015: $91,648Expenses 2015: $72,098Net Income 2015: $19,5502015Revenue 2016: $70,694Expenses 2016: $87,858Net Income 2016: -$17,1642016Revenue 2017: $79,446Expenses 2017: $70,552Net Income 2017: $8,8942017Revenue 2018: $74,143Expenses 2018: $65,655Net Income 2018: $8,4882018Revenue 2019: $55,519Expenses 2019: $48,859Net Income 2019: $6,6602019Revenue 2020: $19,887Expenses 2020: $15,432Net Income 2020: $4,4552020Revenue 2021: $23,376Expenses 2021: $31,471Net Income 2021: -$8,0952021Revenue 2022: $44,056Expenses 2022: $41,589Net Income 2022: $2,4672022Revenue 2023: $44,663Expenses 2023: $51,931Net Income 2023: -$7,2682023Revenue 2024: $53,625Expenses 2024: $51,360Net Income 2024: $2,2652024

Highlighted filing

2015

Revenue$91,648
Expenses$72,098
Net Income$19,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 15, 2016
Return Version
2015v2.0
Gross Receipts
$139,993
Mission and Program Overview

Mission

To encourage amateur sport of rowing, both in its competitive & recreational forms through active rowing, training, regattas, social & organizational participation.

Program Services

DescriptionGrantsExpenses
RECREATIONAL AND COMPETITIVE TRAINING IN SCULLING$37,152-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRY FREEMANDirector-$0--
KAREN SCAMMELLPresident-$0--
DOROTHY SEMONIANSecretary-$0--
BRONWYN CHAPMANTreasurer-$0--
DAVID MORLEY DRDirector-$0--
JOSEPH LAFRENIEREDirector-$0--
JAY FEENANVice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Regatta Event$59,576$59,576$46,797$12,779
Jim Polcari Event$29,928$29,928$1,548$28,380
Total Events$89,504$89,504$48,345$41,159
Filing and Contact Details

Filer

Filer Name
Merrimac River Rowing Association Inc
EIN
22-2547676
Phone
9787467023
Address
PO BOX 1909, LOWELL, MA 01853

Signing Officer

Name
Karen Scammell
Title
President
Signed
2016-07-15
Discuss with paid preparer
Yes

Preparer

Firm
Sullivan Dixon & Co Pc
Address
59 LOWES WAY STE 402, LOWELL, MA 01851
Preparer
Charles V Sullivan Cpapfs Cfp
Phone
9784548809
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: DONATION AND SCHOLARSHIPS | Donee's Name: LOWELL HIGH SCHOOL | Donee's Address: 50 Father Morissette Boulevard LOWELL MA 01852 | Cash Amount Given: $6500

Grants and Similar Amounts Paid In Excess of $5,000.3

Class of Activity: FUNDRAISING | Donee's Name: JIM POLCARI | Cash Amount Given: $14000

Other Expenses.1009

Depreciation $12671

Other Expenses.1

UML USER FEE $14400

Other Expenses.2

COACHING $6200

Other Expenses.3

Equipment maintenance $5378

Other Expenses.4

INSURANCE $4273

Other Expenses.5

Festival regatta exp $2611

Other Expenses.6

COXSWAIN FEES $2220

Other Expenses.7

Small equipments & tools $1148

Other Expenses.8

MISCELLANEOUS $837

Other Expenses.9

Comm of ma filing fee $85

Other Assets.1003

Machinery and Equipment - Beginning $38181 Machinery and Equipment - Ending $27010

Other Assets.1004

Miscellaneous - Beginning $0 Miscellaneous - Ending $13500

Raw XML Appendix205 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGE AMATEUR SPORT OF ROWING, BOTH IN ITS COMPETITIVE & RECREATIONAL FORMS THROUGH ACTIVE ROWING, TRAINING, REGATTAS, SOCIAL & ORGANIZATIONAL PARTICIPATION.
IRS990EZ/ProgramServiceRevenueAmt015409
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION AND SCHOLARSHIPS | Donee's Name: LOWELL HIGH SCHOOL | Donee's Address: 50 Father Morissette Boulevard LOWELL MA 01852 | Cash Amount Given: $6500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: FUNDRAISING | Donee's Name: JIM POLCARI | Cash Amount Given: $14000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $12671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UML USER FEE $14400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COACHING $6200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EQUIPMENT MAINTENANCE $5378
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INSURANCE $4273
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FESTIVAL REGATTA EXP $2611
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COXSWAIN FEES $2220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SMALL EQUIPMENTS & TOOLS $1148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MISCELLANEOUS $837
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11COMM OF MA FILING FEE $85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Machinery and Equipment - Beginning $38181 Machinery and Equipment - Ending $27010
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-15
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ReturnHeader/Filer/EIN0222547676
ReturnHeader/Filer/PhoneNum09787467023
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt059 LOWES WAY STE 402
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001851
ReturnHeader/PreparerPersonGrp/PhoneNum09784548809
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES V SULLIVAN CPAPFS CFP
ReturnHeader/ReturnTs02016-07-15T09:41:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.00$1.89$0.54$0.51$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$0.45$0.52$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.00$1.94$0.44$0.42$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.00$1.91$0.23$0.31$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.00$1.99$0.20$0.15$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.00$1.95$0.56$0.49$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.00$1.88$0.74$0.66$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.80$1.80$0.79$0.71$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$1.71$0.71$0.88$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.88$1.88$0.92$0.72$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.69$1.69$1.03$0.64$0.39
2013Summary only. Only limited summary data is available for this year.$1.30$0.00$0.80$0.63$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.00$0.04$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.87$0.78$0.53$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.62$0.63$0.39$0.24
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits