Civic Intelligence

Passaic River Rowing Association

EIN 22-3652104 • 501(c)3 • Lyndhurst, NJ

Profile

To foster and promote the sport of rowing

797 Riverside AvenueLyndhurst, NJ 07071

www.prra.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

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

Net Margin

29th percentile

-12%

Higher net margin than 29% of similar nonprofits.

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

Top Officer Pay

86th percentile

$4,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

30th percentile

-20%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

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

Assets

Down

$233,285

Down $56,830 (-20%) from 2023

Liabilities

Down

$1,537

Down $6,123 (-80%) from 2023

Net Assets

$231,748

No earlier filing loaded for comparison.

Revenue

Up

$271,815

Up $97,150 (+56%) from 2023

Expenses

Up

$304,238

Up $123,224 (+68%) from 2023

Net Income

Down

-$32,423

Down $26,074 (-411%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $379,696Liabilities 2011: $02011Assets 2012: $470,542Liabilities 2012: $02012Assets 2013: $538,346Liabilities 2013: $0Net Assets 2013: $538,3462013Assets 2014: $586,845Liabilities 2014: $0Net Assets 2014: $586,8452014Assets 2015: $489,422Liabilities 2015: $0Net Assets 2015: $489,4222015Assets 2016: $442,493Net Assets 2016: $442,4932016Assets 2017: $517,952Liabilities 2017: $0Net Assets 2017: $517,9522017Assets 2018: $573,605Liabilities 2018: $1,436Net Assets 2018: $572,1692018Assets 2019: $379,766Liabilities 2019: $6,096Net Assets 2019: $373,6702019Assets 2020: $330,568Liabilities 2020: $3,772Net Assets 2020: $326,7962020Assets 2021: $315,657Liabilities 2021: $4,410Net Assets 2021: $311,2472021Assets 2022: $306,091Liabilities 2022: $4,229Net Assets 2022: $301,8622022Assets 2023: $290,115Liabilities 2023: $7,6602023Assets 2024: $233,285Liabilities 2024: $1,537Net Assets 2024: $231,7482024

Highlighted filing

2024

Assets$233,285
Liabilities$1,537
Net Assets$231,748

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $92,757Expenses 2011: $49,624Net Income 2011: $43,1332011Revenue 2012: $140,952Expenses 2012: $50,106Net Income 2012: $90,8462012Revenue 2013: $107,334Expenses 2013: $39,530Net Income 2013: $67,8042013Revenue 2014: $134,133Expenses 2014: $85,634Net Income 2014: $48,4992014Revenue 2015: $147,660Expenses 2015: $42,950Net Income 2015: $104,7102015Revenue 2016: $112,017Expenses 2016: $79,778Net Income 2016: $32,2392016Revenue 2017: $138,281Expenses 2017: $62,822Net Income 2017: $75,4592017Revenue 2018: $106,302Expenses 2018: $57,044Net Income 2018: $49,2582018Revenue 2019: $96,729Expenses 2019: $91,070Net Income 2019: $5,6592019Revenue 2020: $25,460Expenses 2020: $45,842Net Income 2020: -$20,3822020Revenue 2021: $88,404Expenses 2021: $97,075Net Income 2021: -$8,6712021Revenue 2022: $108,780Expenses 2022: $112,468Net Income 2022: -$3,6882022Revenue 2023: $174,665Expenses 2023: $181,014Net Income 2023: -$6,3492023Revenue 2024: $271,815Expenses 2024: $304,238Net Income 2024: -$32,4232024

Highlighted filing

2024

Revenue$271,815
Expenses$304,238
Net Income-$32,423

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.02$2.32$2.72$3.04$0.32
2023Summary only. Only limited summary data is available for this year.$2.90$0.08$1.75$1.81$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.06$0.04$3.02$1.09$1.12$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.16$0.04$3.11$0.88$0.97$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.04$3.27$0.25$0.46$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.06$3.74$0.97$0.91$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$0.01$5.72$1.06$0.57$0.49
2017Summary only. Only limited summary data is available for this year.$5.18$0.00$5.18$1.38$0.63$0.75
2016Detailed filing. Detailed filing data is available for this year.$4.42$4.42$1.12$0.80$0.32
2015Detailed filing. Detailed filing data is available for this year.$4.89$0.00$4.89$1.48$0.43$1.05
2014Detailed filing. Detailed filing data is available for this year.$5.87$0.00$5.87$1.34$0.86$0.48
2013Detailed filing. Detailed filing data is available for this year.$5.38$0.00$5.38$1.07$0.40$0.68
2012Summary only. Only limited summary data is available for this year.$4.71$0.00$1.41$0.50$0.91
2011Summary only. Only limited summary data is available for this year.$3.80$0.00$0.93$0.50$0.43
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 22, 2023
Return Version
2022v5.0
Gross Receipts
$108,780
Mission and Program Overview

Mission

Foster/promote the sport of rowing

Call together and support a community of rowers of every age and ability with primary emphasis on youth rowing within the local community; promote the highest values of rowing in international, national and local arenas; promote the stewardship of the passaic river environment; and strive for excellence in all that we do.

Program Services

DescriptionGrantsExpenses
HEAD OF THE PASSAIC REGATTA: ANNUAL RACE HELD IN OCTOBER, PROVIDING A SAFE ENVIRONMENT FOR FRIENDLY COMPETITION AMONGST ROWING TEAMS, AND PROVIDES COMMUNITY EXPOSURE TO ROWING, SERVING ALMOST 5,000 COMMUNITY MEMBERS.-$33,284
ADULT LEARN TO ROW CLASSES: INTRODUCES NEW PEOPLE TO THE SPORT OF ROWING AND FOSTERS STEWARDSHIP FOR THE PASSAIC RIVER, SERVING ABOUT 40 PEOPLE ANNUALLY.-$32,777
YOUTH PROGRAMMING: PROVIDES YOUTH WITH A SAFE SPACE TO EXPLORE THE SPORT OF ROWING, WHILE GIVING THEM SPACE TO GROW, APPRECIATE THE LOCAL RIVER ENVIRONMENT, AND FOSTERS A SPACE FOR CAMARADERIE AND SPORTSMANSHIP, SERVING APPROXIMATELY 80 YOUTHS ANNUALLY.-$13,136
OTHER COMMUNITY AND SCHOOL BASED ROWING EVENTS AND ACTIVITIES--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FABIAN CORTESSecretaryPT$4,000-$4,000
JEFFREY GINGOLDPresidentPT$0--
JOSE ANTUNESTreasurerPT$0--
FERNANDA LOISVice PresidePT$0--
INGRID DULLBoard MemberPT$0--
SHANNON STEWARTBoard MemberPT$0--
THOMAS SCISCIONEBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Passaic River Rowing Association
EIN
22-3652104
Phone
2013775965
Address
797 RIVERSIDE AVENUE, LYNDHURST, NJ 07071

Signing Officer

Name
Jose Antunes
Title
Treasurer
Phone
2013775965
Signed
2023-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Mansour Partners LLC
Address
321 MAIN STREET, WOODBRIDGE, NJ 07095
Preparer
Haley Johnson Ea
Phone
2013775965
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Head of the passaic regatta regatta expenses 17,779 food and hospitality 1,066 supplies & materials 4,493 transportation 634 expenses communications expenses 971 advertising 213 swag 1,072 rowing supplies 11,084 licenses & taxes 90 administrative expenses 2,968 bank service charges 163 equipment lease & maintenance 1,141 fees & registrations 291 merchant service fees 818 telephone 200 email and web hosting 249 software and apps 488 travel 1,325 event expenses 2,302 council meeting expenses 1,512 other program expenses 7,233 escrow trailer & race fees 1,949 total 58,041

Form 990-ez, Part I, Line 20

Asset disposition 0 book / tax depreciation difference -5,697

Form 990-ez, Part II, Line 24

261,569 307,485 less accumulated depreciation 231,535 237,232 deposits 573 0 total 30,607 70,253

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,410 4,229

Form 990-ez, Part III

Call together and support a community of rowers of every age and ability with primary emphasis on youth rowing within the local community; promote the highest values of rowing in international, national and local arenas; promote the stewardship of the passaic river environment; and strive for excellence in all that we do.

Form 990-ez, Part III, Line 30

Youth programming: provides youth with a safe space to explore the sport of rowing, while giving them space to grow, appreciate the local river environment, and fosters a space for camaraderie and sportsmanship, serving approximately 80 youths annually.

Form 990-ez, Part III, Line 31

Other community and school based rowing events and activities

Form 990-ez, Part V, Line 34

New bylaws were adopted on july 27, 2022 to remove redundancies, update virtual meeting policies, and add clarifications. The new bylaws were amended on november 16, 2022 to establish a new registered agent, as well.

Raw XML Appendix192 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HEAD OF THE PASSAIC REGATTA: ANNUAL RACE HELD IN OCTOBER, PROVIDING A SAFE ENVIRONMENT FOR FRIENDLY COMPETITION AMONGST ROWING TEAMS, AND PROVIDES COMMUNITY EXPOSURE TO ROWING, SERVING ALMOST 5,000 COMMUNITY MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ADULT LEARN TO ROW CLASSES: INTRODUCES NEW PEOPLE TO THE SPORT OF ROWING AND FOSTERS STEWARDSHIP FOR THE PASSAIC RIVER, SERVING ABOUT 40 PEOPLE ANNUALLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2YOUTH PROGRAMMING: PROVIDES YOUTH WITH A SAFE SPACE TO EXPLORE THE SPORT OF ROWING, WHILE GIVING THEM SPACE TO GROW, APPRECIATE THE LOCAL RIVER ENVIRONMENT, AND FOSTERS A SPACE FOR CAMARADERIE AND SPORTSMANSHIP, SERVING APPROXIMATELY 80 YOUTHS ANNUALLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3OTHER COMMUNITY AND SCHOOL BASED ROWING EVENTS AND ACTIVITIES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HEAD OF THE PASSAIC REGATTA REGATTA EXPENSES 17,779 FOOD AND HOSPITALITY 1,066 SUPPLIES & MATERIALS 4,493 TRANSPORTATION 634 EXPENSES COMMUNICATIONS EXPENSES 971 ADVERTISING 213 SWAG 1,072 ROWING SUPPLIES 11,084 LICENSES & TAXES 90 ADMINISTRATIVE EXPENSES 2,968 BANK SERVICE CHARGES 163 EQUIPMENT LEASE & MAINTENANCE 1,141 FEES & REGISTRATIONS 291 MERCHANT SERVICE FEES 818 TELEPHONE 200 EMAIL AND WEB HOSTING 249 SOFTWARE AND APPS 488 TRAVEL 1,325 EVENT EXPENSES 2,302 COUNCIL MEETING EXPENSES 1,512 OTHER PROGRAM EXPENSES 7,233 ESCROW TRAILER & RACE FEES 1,949 TOTAL 58,041
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ASSET DISPOSITION 0 BOOK / TAX DEPRECIATION DIFFERENCE -5,697
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2261,569 307,485 LESS ACCUMULATED DEPRECIATION 231,535 237,232 DEPOSITS 573 0 TOTAL 30,607 70,253
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,410 4,229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CALL TOGETHER AND SUPPORT A COMMUNITY OF ROWERS OF EVERY AGE AND ABILITY WITH PRIMARY EMPHASIS ON YOUTH ROWING WITHIN THE LOCAL COMMUNITY; PROMOTE THE HIGHEST VALUES OF ROWING IN INTERNATIONAL, NATIONAL AND LOCAL ARENAS; PROMOTE THE STEWARDSHIP OF THE PASSAIC RIVER ENVIRONMENT; AND STRIVE FOR EXCELLENCE IN ALL THAT WE DO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5YOUTH PROGRAMMING: PROVIDES YOUTH WITH A SAFE SPACE TO EXPLORE THE SPORT OF ROWING, WHILE GIVING THEM SPACE TO GROW, APPRECIATE THE LOCAL RIVER ENVIRONMENT, AND FOSTERS A SPACE FOR CAMARADERIE AND SPORTSMANSHIP, SERVING APPROXIMATELY 80 YOUTHS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER COMMUNITY AND SCHOOL BASED ROWING EVENTS AND ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NEW BYLAWS WERE ADOPTED ON JULY 27, 2022 TO REMOVE REDUNDANCIES, UPDATE VIRTUAL MEETING POLICIES, AND ADD CLARIFICATIONS. THE NEW BYLAWS WERE AMENDED ON NOVEMBER 16, 2022 TO ESTABLISH A NEW REGISTERED AGENT, AS WELL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART V, LINE 34
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANSOUR PARTNERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0321 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODBRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007095
ReturnHeader/PreparerPersonGrp/PhoneNum02013775965
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HALEY JOHNSON EA
ReturnHeader/ReturnTs02023-09-01T22:33:21-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANTHONY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCARPELLI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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