Civic Intelligence

Rocket City Rowing Crew Inc.

990EZ • Fiscal year 2018 • EIN 45-5011223

Sep 01, 2017 to Aug 31, 2018 • Filed on Jan 02, 2019

PO Box 18352Huntsville, AL 35804

(256) 503-2874

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.25x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

10th percentile

-39%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

19%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$119,862

Down $56,129 (-32%) from 2017

Net Assets

$108,171

No earlier filing loaded for comparison.

Liabilities

Up

$11,691

Up $11,691 from 2017

Revenue

Up

$46,299

Up $7,554 (+19%) from 2017

Expenses

Up

$64,544

Up $22,603 (+54%) from 2017

Net Income

Down

-$18,245

Down $15,049 (-471%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $185,880Liabilities 2015: $0Net Assets 2015: $185,8802015Assets 2016: $179,187Liabilities 2016: $02016Assets 2017: $175,991Liabilities 2017: $02017Assets 2018: $119,862Liabilities 2018: $11,691Net Assets 2018: $108,1712018Assets 2019: $100,119Liabilities 2019: $18,812Net Assets 2019: $81,3072019

Highlighted filing

2018

Assets$119,862
Liabilities$11,691
Net Assets$108,171

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $113,320Expenses 2015: $96,240Net Income 2015: $17,0802015Revenue 2016: $37,921Expenses 2016: $44,614Net Income 2016: -$6,6932016Revenue 2017: $38,745Expenses 2017: $41,941Net Income 2017: -$3,1962017Revenue 2018: $46,299Expenses 2018: $64,544Net Income 2018: -$18,2452018Revenue 2019: $48,248Expenses 2019: $75,114Net Income 2019: -$26,8662019

Highlighted filing

2018

Revenue$46,299
Expenses$64,544
Net Income-$18,245
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jan 2, 2019
Return Version
2017v2.3
Gross Receipts
$51,850
Mission and Program Overview

Mission

To inspire youth and adults in the huntsville community to enjoy a lifelong love of physical activity through rowing.

Program Services

DescriptionGrantsExpenses
STIMULATE AWARENESS & KNOWLEDGE OF THE TN RIVER ENVIRONMENT & SUPPORT LOW IMPACT RECREATION ACTIVITIES-$46,730
WE ARE STRIVING TO PROVIDE OPPORTUNITIES FOR FITNESS AND PERSONAL GROWTH IN NORTH ALABAMA TO SOCIALLY AND ECONOMICALLY DISADVANTAGED YOUTH, AND ADULTS WHOSE PHYSICAL AND MENTAL CONDITION CAN BE IMPROVED THROUGH THE BENEFITS OF ROWING. THIS WOULD INCLUDE BUT NOT BE LIMITED TO VETERANS, SURVIVORS OF DEBILITATING ILLNESSES AND INJURIES, AND PEOPLE WHO ARE SEEKING DIFFERENT ACTIVITIES TO ENSURE THEIR CONTINUED HEALTH AND WELLNESS.-$23,365
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRAIG MOSLEYPresident-$0--
JEFF PERKINSVice Preside-$0--
BARBARA YOUNGTreasurer-$0--
BETSEY BOCKSecretary-$0--
LAUREL WHITEMember-$0--
STEVE COWANMember-$0--
KATIE VAN HOUSENMember-$0--
Filing and Contact Details

Filer

Filer Name
Rocket City Rowing Crew Inc
EIN
45-5011223
Phone
2565032874
Address
PO BOX 18352, HUNTSVILLE, AL 35804

Signing Officer

Name
Barbara Young
Title
Treasurer
Phone
2565335383
Signed
2019-01-02

Preparer

Firm
The Cutter Group LLC
Address
400 BOB WALLACE AVENUE SW, HUNTSVILLE, AL 35801-5264
Preparer
Stephen M Cutter
Phone
2568834650
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 591 office supplies 60 travel expense 1,633 insurance 5,517 meals & entertainment 1,860 rowing supplies 1,201 tax & license 93 website expense 311 coaching expense 10,160 bank charges 1,879 legal & professional 2,938 non-investment depreciation 25,940 total 52,183

Form 990-ez, Part II, Line 24

Vespoli 09 p/d 0 8,000 less accumulated depreciation 0 1,600 hudson 06 p/d 0 7,500 less accumulated depreciation 0 1,500 wintech 12 0 6,000 less accumulated depreciation 0 1,200 vespoli 02 q4 0 3,000 less accumulated depreciation 0 600 vespoli 04 q4 0 3,000 less accumulated depreciation 0 600 vespoli 12 0 18,000 less accumulated depreciation 0 3,600 hudson 01 0 8,000 less accumulated depreciation 0 1,600 vespoli 00 0 8,000 less accumulated depreciation 0 1,600 vespoli 02 0 5,000 less accumulated depreciation 0 1,000 dirigo 04 0 5,000 less accumulated depreciation 0 1,000 wintech 11 0 11,000 less accumulated depreciation 0 2,200 vespoli 01 0 3,000 less accumulated depreciation 0 600 dirigo 04 0 3,000 less accumulated depreciation 0 600 weldbuilt 03 0 3,000 less accumulated depreciation 0 600 nissian 08 15hp 0 1,500 less accumulated depreciation 0 300 murcury 08 9.9hp 0 1,200 less accumulated depreciation 0 240 croker 12 sculling 0 1,500 less accumulated depreciation 0 300 allegheny 13 0 20,000 less accumulated depreciation 0 4,000 wintech 18 0 11,200 less accumulated depreciation 0 2,240 tohatsu 18 20hp 0 2,800 less accumulated depreciation 0 560 boats 115,700 0 total 115,700 103,760

Form 990-ez, Part II, Line 26

Deferred revenue 0 2,400 n/p wintech 0 9,291

Form 990-ez, Part III

To inspire youth and adults in the huntsville community to enjoy a lifelong love of physical activity through rowing.

Form 990-ez, Part III, Line 28

We are striving to provide opportunities for fitness and personal growth in north alabama to socially and economically disadvantaged youth, and adults whose physical and mental condition can be improved through the benefits of rowing. This would include but not be limited to veterans, survivors of debilitating illnesses and injuries, and people who are seeking different activities to ensure their continued health and wellness.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 591 OFFICE SUPPLIES 60 TRAVEL EXPENSE 1,633 INSURANCE 5,517 MEALS & ENTERTAINMENT 1,860 ROWING SUPPLIES 1,201 TAX & LICENSE 93 WEBSITE EXPENSE 311 COACHING EXPENSE 10,160 BANK CHARGES 1,879 LEGAL & PROFESSIONAL 2,938 NON-INVESTMENT DEPRECIATION 25,940 TOTAL 52,183
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VESPOLI 09 P/D 0 8,000 LESS ACCUMULATED DEPRECIATION 0 1,600 HUDSON 06 P/D 0 7,500 LESS ACCUMULATED DEPRECIATION 0 1,500 WINTECH 12 0 6,000 LESS ACCUMULATED DEPRECIATION 0 1,200 VESPOLI 02 Q4 0 3,000 LESS ACCUMULATED DEPRECIATION 0 600 VESPOLI 04 Q4 0 3,000 LESS ACCUMULATED DEPRECIATION 0 600 VESPOLI 12 0 18,000 LESS ACCUMULATED DEPRECIATION 0 3,600 HUDSON 01 0 8,000 LESS ACCUMULATED DEPRECIATION 0 1,600 VESPOLI 00 0 8,000 LESS ACCUMULATED DEPRECIATION 0 1,600 VESPOLI 02 0 5,000 LESS ACCUMULATED DEPRECIATION 0 1,000 DIRIGO 04 0 5,000 LESS ACCUMULATED DEPRECIATION 0 1,000 WINTECH 11 0 11,000 LESS ACCUMULATED DEPRECIATION 0 2,200 VESPOLI 01 0 3,000 LESS ACCUMULATED DEPRECIATION 0 600 DIRIGO 04 0 3,000 LESS ACCUMULATED DEPRECIATION 0 600 WELDBUILT 03 0 3,000 LESS ACCUMULATED DEPRECIATION 0 600 NISSIAN 08 15HP 0 1,500 LESS ACCUMULATED DEPRECIATION 0 300 MURCURY 08 9.9HP 0 1,200 LESS ACCUMULATED DEPRECIATION 0 240 CROKER 12 SCULLING 0 1,500 LESS ACCUMULATED DEPRECIATION 0 300 ALLEGHENY 13 0 20,000 LESS ACCUMULATED DEPRECIATION 0 4,000 WINTECH 18 0 11,200 LESS ACCUMULATED DEPRECIATION 0 2,240 TOHATSU 18 20HP 0 2,800 LESS ACCUMULATED DEPRECIATION 0 560 BOATS 115,700 0 TOTAL 115,700 103,760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 0 2,400 N/P WINTECH 0 9,291
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO INSPIRE YOUTH AND ADULTS IN THE HUNTSVILLE COMMUNITY TO ENJOY A LIFELONG LOVE OF PHYSICAL ACTIVITY THROUGH ROWING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE ARE STRIVING TO PROVIDE OPPORTUNITIES FOR FITNESS AND PERSONAL GROWTH IN NORTH ALABAMA TO SOCIALLY AND ECONOMICALLY DISADVANTAGED YOUTH, AND ADULTS WHOSE PHYSICAL AND MENTAL CONDITION CAN BE IMPROVED THROUGH THE BENEFITS OF ROWING. THIS WOULD INCLUDE BUT NOT BE LIMITED TO VETERANS, SURVIVORS OF DEBILITATING ILLNESSES AND INJURIES, AND PEOPLE WHO ARE SEEKING DIFFERENT ACTIVITIES TO ENSURE THEIR CONTINUED HEALTH AND WELLNESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA YOUNG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02565335383
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKET CITY ROWING CREW INC
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0455011223
ReturnHeader/Filer/PhoneNum02565032874
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ReturnHeader/FilingSecurityInformation/IPDt02019-01-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:25:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812871381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE CUTTER GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 BOB WALLACE AVENUE SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUNTSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0358015264
ReturnHeader/PreparerPersonGrp/PhoneNum02568834650
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN M CUTTER
ReturnHeader/ReturnTs02019-01-15T10:25:01-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-09-01
ReturnHeader/TaxPeriodEndDt02018-08-31
ReturnHeader/TaxYr02017

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