Civic Intelligence

Duluth Rowing Club Inc.

990 • Fiscal year 2016 • EIN 41-1353107

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

PO Box 3654Duluth, MN 55803

(218) 727-8689

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

80th percentile

21%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

94%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$874,992

Up $153,721 (+21%) from 2015

Net Assets

Up

$874,992

Up $153,721 (+21%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$211,405

Up $102,317 (+94%) from 2015

Expenses

Down

$57,684

Down $2,719 (-4.5%) from 2015

Net Income

Up

$153,721

Up $105,036 (+216%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $134,207Liabilities 2011: $02011Assets 2012: $245,015Net Assets 2012: $245,0152012Assets 2013: $541,882Liabilities 2013: $0Net Assets 2013: $541,8822013Assets 2014: $675,859Liabilities 2014: $0Net Assets 2014: $675,8592014Assets 2015: $721,271Liabilities 2015: $0Net Assets 2015: $721,2712015Assets 2016: $874,992Liabilities 2016: $0Net Assets 2016: $874,9922016Assets 2017: $1,007,401Liabilities 2017: $0Net Assets 2017: $1,007,4012017Assets 2018: $1,077,562Liabilities 2018: $0Net Assets 2018: $1,077,5622018Assets 2019: $1,108,058Liabilities 2019: $0Net Assets 2019: $1,108,0582019Assets 2020: $1,076,291Liabilities 2020: $0Net Assets 2020: $1,076,2912020Assets 2021: $1,058,522Liabilities 2021: $0Net Assets 2021: $1,058,5222021Assets 2022: $1,055,921Liabilities 2022: $0Net Assets 2022: $1,055,9212022Assets 2023: $1,075,564Liabilities 2023: $0Net Assets 2023: $1,075,5642023Assets 2024: $1,033,392Liabilities 2024: $0Net Assets 2024: $1,033,3922024

Highlighted filing

2016

Assets$874,992
Liabilities$0
Net Assets$874,992

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $55,354Expenses 2011: $50,392Net Income 2011: $4,9622011Revenue 2012: $162,062Expenses 2012: $51,459Net Income 2012: $110,6032012Revenue 2013: $345,030Expenses 2013: $54,767Net Income 2013: $290,2632013Revenue 2014: $185,531Expenses 2014: $56,143Net Income 2014: $129,3882014Revenue 2015: $109,088Expenses 2015: $60,403Net Income 2015: $48,6852015Revenue 2016: $211,405Expenses 2016: $57,684Net Income 2016: $153,7212016Revenue 2017: $219,494Expenses 2017: $87,085Net Income 2017: $132,4092017Revenue 2018: $167,929Expenses 2018: $97,768Net Income 2018: $70,1612018Revenue 2019: $133,905Expenses 2019: $103,409Net Income 2019: $30,4962019Revenue 2020: $22,233Expenses 2020: $54,000Net Income 2020: -$31,7672020Revenue 2021: $60,947Expenses 2021: $78,716Net Income 2021: -$17,7692021Revenue 2022: $95,682Expenses 2022: $98,283Net Income 2022: -$2,6012022Revenue 2023: $142,932Expenses 2023: $123,289Net Income 2023: $19,6432023Revenue 2024: $124,314Expenses 2024: $166,486Net Income 2024: -$42,1722024

Highlighted filing

2016

Revenue$211,405
Expenses$57,684
Net Income$153,721
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$254,754
Mission and Program Overview

Mission

The rowing club operates for the benefit of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$74,727$622,226▲ $547,499
Savings and Temporary Cash Investments$517,095$216,831▼ $300,264
Intangible Assets$47,862--
Cash and Non-Interest-Bearing Accounts$40,771$35,875▼ $4,896
Investments in Publicly Traded Securities$40,816$60▼ $40,756
Total Assets$721,271$874,992▲ $153,721
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$701,271$854,992▲ $153,721
Temporarily Rstr Net Assets$20,000$20,000→ $0
Total Net Assets Fund Balance$721,271$874,992▲ $153,721
Total Liabilities and Net Assets / Fund Balance$721,271$874,992▲ $153,721

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$553,202$8,768$561,970
Equipment$64,663$112,934$177,597
Land$4,361-$4,361
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dave KaskPresident
Arvid BrekkeDirector
Bonnie Fuller-kaskDirector
Debra DeckerDirector
Jane BartiniDirector
Jerry MaloneDirector
John SorensenDirector
Kathy BrayDirector
Tom GriggsDirector
Tom RauschenfelsSecretary
John BaumgartenTreasurer
Greg PetersonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$134,244
Program Service Revenue
$58,466
Investment Income
$17,337
Other Revenue
$1,358
All Other Contributions
$134,244
Change in Net Assets
$153,721
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$57,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$14,659--$14,659
Insurance$7,200--$7,200
All Other Expenses$3,809$1,943-$5,752
Other Expenses$3,204--$3,204
Occupancy$1,204$803-$2,007
Fees for Services Accounting-$1,000-$1,000
Advertising$806--$806
Fees for Services Legal-$501-$501
Total Functional Expenses$53,437$4,247$0$57,684
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
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, Page 6, Part VI, Line 2

Dave kask bonnie fuller-kask director director spouses

Form 990, Page 6, Part VI, Line 6

Members of the duluth rowing club exist solely to appoint a board of directors. They are not nor will be recipients of the organization's profits upon dissolution, nor do they have rights to approve significant decisions of the governing body.

Form 990, Page 6, Part VI, Line 7A

Members vote to appoint new directors on the board when vacancies arise. No other rights or classes of members exist.

Form 990, Page 6, Part VI, Line 11B

990 is reviewed at a regularly scheduled board meeting prior to filing of return.

Form 990, Page 6, Part VI, Line 19

Documents are available for review upon request.

Filing and Contact Details

Filer

Filer Name
Duluth Rowing Club
EIN
41-1353107
Phone
2187278689
Address
PO BOX 3654, DULUTH, MN 55803

Signing Officer

Name
John Baumgarten
Title
Treasurer
Phone
2187278689
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Baumgarten
Formed
1978
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Hansen House Company
Address
130 W SUPERIOR ST STE 640, DULUTH, MN 55802-2056
Preparer
Greg a Hansen
Phone
2187221161
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IRS990/ProgSrvcAccomActy3Grp/Desc0A JUNIOR ROWING PROGRAM EXISTS TO TRAIN YOUTH AND NEW MEMBERS TO PROMOTE THE SPORT OF ROWING AND CLUB MEMBERSHIP. THERE ARE ABOUT 100 PARTICIPANTS, AND A TOTAL OF 150 MEMBERS.
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt044944
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0517095
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0216831
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UNUSUAL GRANT RECIEVED 2014 109,336 UNUSUAL GRANT RECEIVED 2013 275,000 UNUSUAL GRANT RECIEVED 2012 100,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0134244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0217678
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02006
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01964
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01209
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt08646
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0219299
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IRS990ScheduleA/PublicSupportCY170Pct00.57930
IRS990ScheduleA/PublicSupportPY170Pct00.53200
IRS990ScheduleA/PublicSupportTotal170Amt0131118
IRS990ScheduleA/SubstantialContributorsTotAmt086560
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0134244
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt048036
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012031
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IRS990ScheduleA/TotalSupportAmt0226324
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0553202
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08768
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0561970
IRS990ScheduleD/EquipmentGrp/BookValueAmt064663
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0112934
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0177597
IRS990ScheduleD/LandGrp/BookValueAmt04361
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04361
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0622226
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DAVE KASK BONNIE FULLER-KASK DIRECTOR DIRECTOR SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE DULUTH ROWING CLUB EXIST SOLELY TO APPOINT A BOARD OF DIRECTORS. THEY ARE NOT NOR WILL BE RECIPIENTS OF THE ORGANIZATION'S PROFITS UPON DISSOLUTION, NOR DO THEY HAVE RIGHTS TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE TO APPOINT NEW DIRECTORS ON THE BOARD WHEN VACANCIES ARISE. NO OTHER RIGHTS OR CLASSES OF MEMBERS EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 IS REVIEWED AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING OF RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0874992
IRS990/TotalAssetsGrp/BOYAmt0721271
IRS990/TotalAssetsGrp/EOYAmt0874992
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04247
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt053437
IRS990/TotalFunctionalExpensesGrp/TotalAmt057684
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0721271
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0874992
IRS990/TotalProgramServiceExpensesAmt053437
IRS990/TotalProgramServiceRevenueAmt058466
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt077161
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211405
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0721271
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0874992
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0701271
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0854992
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 3654
IRS990/USAddress/CityNm0DULUTH
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055803
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.DULUTHROWING.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN BAUMGARTEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02187278689
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DULUTH ROWING CLUB
ReturnHeader/Filer/BusinessNameControlTxt0DULU
ReturnHeader/Filer/EIN0411353107
ReturnHeader/Filer/PhoneNum02187278689
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3654
ReturnHeader/Filer/USAddress/CityNm0DULUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055803
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D66BD3CC8366E3365D854C2F224190509AC2AA47
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D65B8C24A6D834F8E6E3582B5F89B03B947C9ED7
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411504359

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.12$0.17$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.14$0.12$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.10$0.10$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.06$0.08$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.02$0.05$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.13$0.10$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.17$0.10$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.22$0.09$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.21$0.06$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.11$0.06$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.19$0.06$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.35$0.05$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.25$0.16$0.05$0.11
2011Summary only. Only limited summary data is available for this year.$0.13$0.00$0.06$0.05$0.00