Civic Intelligence

Liberty Rowinginc DBA Gentle Giant Rowing Club

990 • Fiscal year 2019 • EIN 35-2180580

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 20, 2020

81B Cushing StreetCambridge, MA 02138

(617) 320-9107

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$16,380

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

78th percentile

32%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$214,516

Up $51,453 (+32%) from 2018

Net Assets

Up

$199,551

Up $50,678 (+34%) from 2018

Liabilities

Up

$14,965

Up $775 (+5.5%) from 2018

Revenue

Up

$220,333

Up $24,564 (+13%) from 2018

Expenses

Down

$170,993

Down $25,199 (-13%) from 2018

Net Income

Up

$49,340

Up $49,763 (+11764%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $182,519Liabilities 2010: $152,428Net Assets 2010: $30,0912010Assets 2011: $85,142Liabilities 2011: $36,075Net Assets 2011: $49,0672011Assets 2012: $127,956Liabilities 2012: $66,778Net Assets 2012: $61,1782012Assets 2013: $139,611Liabilities 2013: $41,502Net Assets 2013: $98,1092013Assets 2014: $171,286Liabilities 2014: $52,495Net Assets 2014: $118,7912014Assets 2015: $212,064Liabilities 2015: $58,418Net Assets 2015: $153,6462015Assets 2016: $166,461Liabilities 2016: $18,903Net Assets 2016: $147,5582016Assets 2017: $164,429Liabilities 2017: $14,798Net Assets 2017: $149,6312017Assets 2018: $163,063Liabilities 2018: $14,190Net Assets 2018: $148,8732018Assets 2019: $214,516Liabilities 2019: $14,965Net Assets 2019: $199,5512019Assets 2020: $192,163Liabilities 2020: $17,917Net Assets 2020: $174,2462020Assets 2021: $187,074Liabilities 2021: $15,000Net Assets 2021: $172,0742021Assets 2022: $529,508Liabilities 2022: $388,692Net Assets 2022: $140,8162022Assets 2023: $493,361Liabilities 2023: $385,448Net Assets 2023: $107,9132023Assets 2024: $439,321Liabilities 2024: $354,189Net Assets 2024: $85,1322024

Highlighted filing

2019

Assets$214,516
Liabilities$14,965
Net Assets$199,551

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $75,890Expenses 2010: $69,149Net Income 2010: $6,7412010Revenue 2011: $110,539Expenses 2011: $89,498Net Income 2011: $21,0412011Revenue 2012: $129,688Expenses 2012: $118,165Net Income 2012: $11,5232012Revenue 2013: $156,415Expenses 2013: $117,054Net Income 2013: $39,3612013Revenue 2014: $154,848Expenses 2014: $129,435Net Income 2014: $25,4132014Revenue 2015: $205,013Expenses 2015: $170,759Net Income 2015: $34,2542015Revenue 2016: $165,256Expenses 2016: $171,832Net Income 2016: -$6,5762016Revenue 2017: $189,938Expenses 2017: $187,470Net Income 2017: $2,4682017Revenue 2018: $195,769Expenses 2018: $196,192Net Income 2018: -$4232018Revenue 2019: $220,333Expenses 2019: $170,993Net Income 2019: $49,3402019Revenue 2020: $115,206Expenses 2020: $140,511Net Income 2020: -$25,3052020Revenue 2021: $193,105Expenses 2021: $195,277Net Income 2021: -$2,1722021Revenue 2022: $229,954Expenses 2022: $261,212Net Income 2022: -$31,2582022Revenue 2023: $280,267Expenses 2023: $313,170Net Income 2023: -$32,9032023Revenue 2024: $324,995Expenses 2024: $347,776Net Income 2024: -$22,7812024

Highlighted filing

2019

Revenue$220,333
Expenses$170,993
Net Income$49,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 20, 2020
Return Version
2019v5.1
Gross Receipts
$220,333
Mission and Program Overview

Mission

To provide an opportunity for the general public to learn rowing and offer free use rowing classes for high school students from ma communities of somerville, malden, everett and medford.

To provide an opportunity for the general public to learn rowing and offer free use rowing classes for high school students from MA communities of Somerville, Malden, Everett and Medford

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$116,514$108,741▼ $7,773
Savings and Temporary Cash Investments-$57,787-
Cash and Non-Interest-Bearing Accounts$44,819$35,928▼ $8,891
Accounts Receivable$1,730$60▼ $1,670
Total Assets$163,063$214,516▲ $51,453
Other Assets Total$0$12,000▲ $12,000
Liabilities
Deferred Revenue$7,500$7,750▲ $250
Accounts Payable and Accrued Expenses$6,690$7,215▲ $525
Total Liabilities$14,190$14,965▲ $775
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$148,873$141,764▼ $7,109
Net Assets With Donor Restrictions-$57,787-
Total Net Assets Fund Balance$148,873$199,551▲ $50,678
Total Liabilities and Net Assets / Fund Balance$163,063$214,516▲ $51,453

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$108,741$416,972$525,713
Buildings$0--
Other Land Buildings$0--
Leasehold Improvements$0--
Other Assets Org$12,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richard WhelanDirectorPT$16,380$16,380

Board Members and Trustees

NameTitle
Allan GehantPresident
Ana BicharaDirector
Christopher W StetsonDirector
Gretchen Wehrle-ScottDirector
Hillary AbbeyDirector
Jeanne MillerDirector
Matt HastDirector
Susan BaccariDirector
Fred LevyPast Treasurer
Deena NieuwenhuisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$207,857
Program Service Revenue
$12,475
Investment Income
$1
Other Revenue
$0
All Other Contributions
$122,179
Change in Net Assets
$49,340
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,597
Salaries, Compensation, and Employee Benefits$71,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$54,250--$54,250
Other Salaries and Wages$47,635--$47,635
Comp Disqual Persons$16,380--$16,380
Payroll Taxes$7,381--$7,381
Insurance$6,566--$6,566
Fees for Services Accounting-$6,500-$6,500
Occupancy$6,000--$6,000
Advertising-$4,631-$4,631
Office Expenses-$3,780-$3,780
Other Expenses$4,481$715-$715
Information Technology-$488-$488
Interest-$26-$26
Total Functional Expenses$154,853$16,140$0$170,993
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Distributed to the board at a board meeting to review

Form 990, Part VI, Section C, line 19

Available to the public upon request

Filing and Contact Details

Filer

Filer Name
Liberty Rowing Inc
EIN
35-2180580
Phone
6173209107
Address
81B Cushing Street, Cambridge, MA 02138

Signing Officer

Name
Deena Nieuwenhuis
Title
Treasurer
Phone
6173209107
Signed
2020-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allan Gehant
Formed
2002
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
9
Employees
16
Volunteers
50

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
PO Box 1100, Portland, ME 04104-1100
Preparer
Melissa Magoon CPA
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 10: Land, Buildings, and Equipment

Section 1.263(a)-3(n) Election: Liberty Rowling, Inc. DBA Gentle Giant Rowing Club 81B Cushing Street Cambridge, MA 02138 EIN: 35-2180580 Liberty Rowing, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

Form 990, Part XI, line 9:

Depreciation Not Charged Against Tax Income 1,331.

Form 990 Part XII, Line 1:

The Organization maintains its books on the accrual basis and adjusts for book and tax depreciation differences.

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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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IRS990/PYTotalRevenueAmt0195769
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt049340
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012475
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057787
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt033200
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0123200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0207857
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0159467
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0141808
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0143926
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0162884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0815942
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt0500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt0500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt02500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012475
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt035811
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt034470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt017229
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0116315
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86820
IRS990ScheduleA/PublicSupportPY509Pct00.87340
IRS990ScheduleA/PublicSupportTotal509Amt0811557
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt033200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0123200
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0220832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0195778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0176778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0160756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0180613
IRS990ScheduleA/Total509Grp/TotalAmt0934757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0220833
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0195781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0176778
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0160756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0180613
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0934761
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/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0108741
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0416972
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0525713
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Boat Deposit
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0108741
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012000
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Distributed to the board at a board meeting to review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Section 1.263(a)-3(n) Election: Liberty Rowling, Inc. DBA Gentle Giant Rowing Club 81B Cushing Street Cambridge, MA 02138 EIN: 35-2180580 Liberty Rowing, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation Not Charged Against Tax Income 1,331.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization maintains its books on the accrual basis and adjusts for book and tax depreciation differences.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part X, Line 10: Land, Buildings, and Equipment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 Part XII, Line 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0163063
IRS990/TotalAssetsEOYAmt0214516
IRS990/TotalAssetsGrp/BOYAmt0163063
IRS990/TotalAssetsGrp/EOYAmt0214516
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0207857
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016140
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0154853
IRS990/TotalFunctionalExpensesGrp/TotalAmt0170993
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014190
IRS990/TotalLiabilitiesEOYAmt014965
IRS990/TotalLiabilitiesGrp/BOYAmt014190
IRS990/TotalLiabilitiesGrp/EOYAmt014965
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0148873
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0199551
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0154853

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.39$3.54$0.85$3.25$3.48$0.23
2023Detailed filing. Detailed filing data is available for this year.$4.93$3.85$1.08$2.80$3.13$0.33
2022Detailed filing. Detailed filing data is available for this year.$5.30$3.89$1.41$2.30$2.61$0.31
2021Detailed filing. Detailed filing data is available for this year.$1.87$0.15$1.72$1.93$1.95$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.92$0.18$1.74$1.15$1.41$0.25
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.15$2.00$2.20$1.71$0.49
2018Detailed filing. Detailed filing data is available for this year.$1.63$0.14$1.49$1.96$1.96$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.64$0.15$1.50$1.90$1.87$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.66$0.19$1.48$1.65$1.72$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.12$0.58$1.54$2.05$1.71$0.34
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.52$1.19$1.55$1.29$0.25
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.42$0.98$1.56$1.17$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.67$0.61$1.30$1.18$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.36$0.49$1.11$0.89$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$1.52$0.30$0.76$0.69$0.07