Civic Intelligence

Passaic River Rowing Association

990EZ • Fiscal year 2021 • EIN 22-3652104

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 23, 2022

PO Box 440Lyndhurst, NJ 07071

(201) 377-5965

Siviq Scores

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

Liabilities / Assets

57th percentile

0.01x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • NTEE N67 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.05x

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

2021 filings • NTEE N67 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-9.8%

Higher net margin than 22% of similar nonprofits.

2021 filings • NTEE N67 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2021 filings • NTEE N67 • <$500k nonprofits • Source year 2021

Asset Growth

32nd percentile

-4.5%

Faster asset growth than 32% of similar nonprofits.

2021 filings • NTEE N67 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

94th percentile

247%

Faster revenue growth than 94% of similar nonprofits.

2021 filings • NTEE N67 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$315,657

Down $14,911 (-4.5%) from 2020

Net Assets

Down

$311,247

Down $15,549 (-4.8%) from 2020

Liabilities

Up

$4,410

Up $638 (+17%) from 2020

Revenue

Up

$88,404

Up $62,944 (+247%) from 2020

Expenses

Up

$97,075

Up $51,233 (+112%) from 2020

Net Income

Up

-$8,671

Up $11,711 (+57%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$315,657
Liabilities$4,410
Net Assets$311,247

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$88,404
Expenses$97,075
Net Income-$8,671
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 23, 2022
Return Version
2021v4.0
Gross Receipts
$88,404
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
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.-$70,416
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.-$9,771
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.-$5,327
OTHER COMMUNITY AND SCHOOL BASED ROWING EVENTS AND ACTIVITIES-$789
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANICE HOLZMANPresidentPT$0--
JEFFREY GINGOLDSecretaryPT$0--
JOSE ANTUNESTreasurerPT$0--
FERNANDA LOISBoard MemberPT$0--
FABIAN CORTESBoard MemberPT$0--
NESTOR BOTTINOBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Passaic River Rowing Association
EIN
22-3652104
Phone
2013775965
Address
PO BOX 440, LYNDHURST, NJ 07071

Signing Officer

Name
Jose Antunes
Title
Treasurer
Phone
2013775965
Signed
2022-08-23
Discuss with paid preparer
Yes

Preparer

Firm
Mansour Partners LLC
Address
321 MAIN STREET, WOODBRIDGE, NJ 07095
Preparer
Haley Johnson Ea
Phone
7327090137
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Head of the passaic regatta regatta expenses 192 expenses communications expenses 643 rowing supplies 16,045 licenses & taxes 800 administrative expenses 608 event expenses 789 other program expenses 4,454 escrow trailer & race fees 1,492 insurance expense 6,072 total 31,095

Form 990-ez, Part I, Line 20

Asset disposition 0 book / tax depreciation difference -6,878

Form 990-ez, Part II, Line 24

261,569 261,569 less accumulated depreciation 224,657 231,535 deposits 0 573 total 36,912 30,607

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,772 4,410

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

Raw XML Appendix180 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/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.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HEAD OF THE PASSAIC REGATTA REGATTA EXPENSES 192 EXPENSES COMMUNICATIONS EXPENSES 643 ROWING SUPPLIES 16,045 LICENSES & TAXES 800 ADMINISTRATIVE EXPENSES 608 EVENT EXPENSES 789 OTHER PROGRAM EXPENSES 4,454 ESCROW TRAILER & RACE FEES 1,492 INSURANCE EXPENSE 6,072 TOTAL 31,095
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ASSET DISPOSITION 0 BOOK / TAX DEPRECIATION DIFFERENCE -6,878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2261,569 261,569 LESS ACCUMULATED DEPRECIATION 224,657 231,535 DEPOSITS 0 573 TOTAL 36,912 30,607
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,772 4,410
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/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
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02022-08-23T11:40:02-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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