Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 38-2424611 • 501(c)3 • Ann Arbor, MI
Profile
The michigan rowing association (mra) is an organization that primarily furthers and supports the sport of rowing for the university of michigan rowing team (umrt), and supports rowing in the ann arbor, michigan community. The organization is tied to the university of michigan rowing team in that the income incurred by the program falls under the auspices of mra. Mra was formed since it was seen as a more stable organization than umrt. For liability reasons mra does not hold the title to the umrt equipment. Any equipment purchased in relation to umrt is immediately donated to umrt. Mra collects program service fees to pay for the coaches, equipment, and for insurance.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Assets
Up$3,573,740
Up $2,864,069 (+404%) from 2023
Liabilities
Up$2,507,311
Up $2,507,311 from 2023
Net Assets
Up$1,066,429
Up $356,758 (+50%) from 2023
Revenue
Down$786,790
Down $103,102 (-12%) from 2023
Expenses
Down$435,657
Down $39,164 (-8.2%) from 2023
Net Income
Down$351,133
Down $63,938 (-15%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The michigan rowing association (mra) is an organization that primarily furthers and supports the sport of rowing for the university of michigan rowing team (umrt), and supports rowing in the ann arbor, michigan community. The organization is tied to the university of michigan rowing team in that the income incurred by the program falls under the auspices of mra. Mra was formed since it was seen as a more stable organization than umrt. For liability reasons mra does not hold the title to the umrt equipment. Any equipement purchased in relation to umrt is immediately donated to umrt. Mra collects program service fees to pay for the coaches, equipment, and for insurance.
See Schedule O.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $61,878 | $3,399,220 | ▲ $3,337,342 |
| Cash and Non-Interest-Bearing Accounts | $114,782 | $153,749 | ▲ $38,967 |
| Investments in Publicly Traded Securities | $405,788 | $16,502 | ▼ $389,286 |
| Savings and Temporary Cash Investments | $83,473 | $4,269 | ▼ $79,204 |
| Total Assets | $709,671 | $3,573,740 | ▲ $2,864,069 |
| Other Assets Total | $43,750 | $0 | ▼ $43,750 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $2,491,478 | - |
| Other Liabilities | $0 | $15,833 | ▲ $15,833 |
| Total Liabilities | $0 | $2,507,311 | ▲ $2,507,311 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $709,671 | $1,066,429 | ▲ $356,758 |
| Total Net Assets Fund Balance | $709,671 | $1,066,429 | ▲ $356,758 |
| Total Liabilities and Net Assets / Fund Balance | $709,671 | $3,573,740 | ▲ $2,864,069 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,664,786 | $63,014 | $2,727,800 |
| Land | $680,000 | - | $680,000 |
| Equipment | $31,998 | $85,425 | $117,423 |
| Leasehold Improvements | $22,436 | $41,052 | $63,488 |
| Other Land Buildings | $0 | $5,313 | $5,313 |
| Name | Title |
|---|---|
| Dan Brock | President |
| Wes Vear | Vice President |
| Alex Woolf | Board Member |
| James Matherly | Board Member |
| Jeffrey Baxter | Board Member |
| Shaw Newman | Board Member |
| Lakin Vitton | Alumni Relations Sec |
| William Burstein | Secretary |
| Nick Sferrazza | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $404,383 |
| Salaries, Compensation, and Employee Benefits | $31,274 |
| Total Fundraising Expense | $12,549 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | - | $70,830 | $5,153 | $75,983 |
| Interest | $68,865 | $1,861 | $3,723 | $74,449 |
| Occupancy | $60,546 | $1,636 | $3,273 | $65,455 |
| Depreciation Depletion | $41,724 | - | - | $41,724 |
| Other Salaries and Wages | $29,000 | - | - | $29,000 |
| Fees for Service Investment Mgmnt Fees | - | $12,000 | - | $12,000 |
| Fees for Services Accounting | - | $6,682 | - | $6,682 |
| Office Expenses | $5,697 | $154 | $308 | $6,159 |
| Fees for Services Legal | - | $4,528 | - | $4,528 |
| Payroll Taxes | $2,274 | - | - | $2,274 |
| Insurance | $1,347 | $37 | $73 | $1,457 |
| Other Expenses | $129 | $7 | $15 | $129 |
| All Other Expenses | $46 | $1 | $3 | $50 |
| Information Technology | $15 | $1 | $1 | $17 |
| Total Functional Expenses | $325,371 | $97,737 | $12,549 | $435,657 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deposit Liability | $15,833 |
“The Treasurer reviews prior to filing.”
“No documents made available to the public.”
“Michigan Rowing Association (MRA) provides the necessary support and guidance to allow our ambitious Michigan Men's Rowing Team - comprised of hard working men and women at the University of Michigan - to push competitive and athletic boundaries and seek new ways to race and win.”
“Fundraising Fees: Program service expenses 0. Management and general expenses 0. Fundraising expenses 5,153. Total expenses 5,153. Contractor Fees: Program service expenses 0. Management and general expenses 70,830. Fundraising expenses 0. Total expenses 70,830.”
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/Desc | 0 | The Michigan Rowing Association (MRA) is an organization that primarily furthers and supports the sport of rowing for the University of Michigan Rowing Team (UMRT), and supports rowing in the Ann Arbor, Michigan Community. The Organization is tied to the University of Michigan Rowing Team in that the income incurred by the program falls under the auspices of MRA. MRA was formed since it was seen as a more stable organization than UMRT. For liability reasons MRA does not hold the title to the UMRT equipment. Any equipment purchased in relation to UMRT is immediately donated to UMRT. MRA collects program service fees to pay for the coaches, equipment, and for insurance. |
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| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 70830 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 75983 |
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| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 12000 |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Board Member |
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| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 17 |
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| IRS990/MissionDesc | 0 | To provide an environment in which the athletes of the Team can train, grow, and represent the University in intercollegiate competition. |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 6159 |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Rowing Team Expenses |
| IRS990/OtherExpensesGrp/Desc | 1 | Special Event |
| IRS990/OtherExpensesGrp/Desc | 2 | Bank & CC Fees |
| IRS990/OtherExpensesGrp/Desc | 3 | Auto |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 15 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 7 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 106359 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 9102 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 267 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 129 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 106359 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 9102 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 289 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 129 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 15833 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 29000 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 29000 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 2274 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 2274 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Dan Brock |
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| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 342 |
| IRS990/PYOtherExpensesAmt | 0 | 444309 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
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| IRS990/PYTotalExpensesAmt | 0 | 474821 |
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| IRS990/PYTotalRevenueAmt | 0 | 889892 |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | 351133 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 29618 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4269 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 756098 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 889550 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 327302 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 208660 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 166251 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2347861 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 342 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 408 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 302 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 251 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2377 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.88370 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99920 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2092385 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 255476 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 889550 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 327302 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 208660 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 166251 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2347861 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2367689 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 17451 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 17451 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 63014 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2727800 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 31998 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 85425 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 117423 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 680000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 680000 |
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| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 5313 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 5313 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 15833 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Deposit Liability |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3399220 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 15833 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Michigan Rowing Association (MRA) provides the necessary support and guidance to allow our ambitious Michigan Men's Rowing Team - comprised of hard working men and women at the University of Michigan - to push competitive and athletic boundaries and seek new ways to race and win. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Treasurer reviews prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | No documents made available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Fundraising Fees: Program service expenses 0. Management and general expenses 0. Fundraising expenses 5,153. Total expenses 5,153. Contractor Fees: Program service expenses 0. Management and general expenses 70,830. Fundraising expenses 0. Total expenses 70,830. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part I, Line 1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, line 11g |
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| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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| IRS990/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990/TaxablePartyNotificationInd | 0 | 0 |
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| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 3573740 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 709671 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3573740 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 756098 |
| IRS990/TotalEmployeeCnt | 0 | 2 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 12549 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 97737 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 325371 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 435657 |
| IRS990/TotalGrossUBIAmt | 0 | 29618 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2507311 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2507311 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1066429 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 325371 |
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| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3573740 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/USAddress/AddressLine1Txt | 0 | PO Box 7164 |
| IRS990/USAddress/CityNm | 0 | Ann Arbor |
| IRS990/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/USAddress/ZIPCd | 0 | 48107 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | michiganrowingassociation.org |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Dan Brock |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2122789244 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Michigan Rowing Association |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MICH |
| ReturnHeader/Filer/EIN | 0 | 382424611 |
| ReturnHeader/Filer/PhoneNum | 0 | 2122789244 |
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