Civic Intelligence

Long Lake Rowing Crew

990EZ • Fiscal year 2020 • EIN 46-4570016

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 09, 2021

PO Box 591Long Lake, MN 55356

(952) 470-2155

Siviq Scores

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

Liabilities / Assets

68th percentile

0.04x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

34th percentile

-4.3%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

54th percentile

7.0%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-21%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$238,705

Up $15,624 (+7.0%) from 2019

Net Assets

Up

$230,317

Up $7,236 (+3.2%) from 2019

Liabilities

$8,388

No earlier filing loaded for comparison.

Revenue

Down

$118,217

Down $30,802 (-21%) from 2019

Expenses

Down

$123,332

Down $38,389 (-24%) from 2019

Net Income

Up

-$5,115

Up $7,587 (+60%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $74,727Liabilities 2014: $27,502Net Assets 2014: $47,2252014Assets 2015: $129,760Liabilities 2015: $45,747Net Assets 2015: $84,0132015Assets 2016: $120,427Liabilities 2016: $19,570Net Assets 2016: $100,8572016Assets 2017: $130,876Liabilities 2017: $33Net Assets 2017: $130,8432017Assets 2018: $194,644Liabilities 2018: $161Net Assets 2018: $194,4832018Assets 2019: $223,081Net Assets 2019: $223,0812019Assets 2020: $238,705Liabilities 2020: $8,388Net Assets 2020: $230,3172020Assets 2021: $244,415Liabilities 2021: $229Net Assets 2021: $244,1862021Assets 2022: $217,767Liabilities 2022: $2,571Net Assets 2022: $215,1962022Assets 2023: $218,350Liabilities 2023: $2,958Net Assets 2023: $215,3922023Assets 2024: $222,238Liabilities 2024: $2,897Net Assets 2024: $219,3412024

Highlighted filing

2020

Assets$238,705
Liabilities$8,388
Net Assets$230,317

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $107,510Expenses 2014: $60,285Net Income 2014: $47,2252014Revenue 2015: $97,473Expenses 2015: $60,685Net Income 2015: $36,7882015Revenue 2016: $107,040Expenses 2016: $90,196Net Income 2016: $16,8442016Revenue 2017: $135,152Expenses 2017: $105,166Net Income 2017: $29,9862017Revenue 2018: $153,062Expenses 2018: $104,508Net Income 2018: $48,5542018Revenue 2019: $149,019Expenses 2019: $161,721Net Income 2019: -$12,7022019Revenue 2020: $118,217Expenses 2020: $123,332Net Income 2020: -$5,1152020Revenue 2021: $163,262Expenses 2021: $149,393Net Income 2021: $13,8692021Revenue 2022: $149,581Expenses 2022: $178,571Net Income 2022: -$28,9902022Revenue 2023: $189,286Expenses 2023: $189,090Net Income 2023: $1962023Revenue 2024: $198,838Expenses 2024: $194,889Net Income 2024: $3,9492024

Highlighted filing

2020

Revenue$118,217
Expenses$123,332
Net Income-$5,115
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 9, 2021
Return Version
2020v4.0
Gross Receipts
$118,217
Mission and Program Overview

Mission

The long lake rowing crew provides a safe, inspiring and educational opportunity for people of all ages to learn, enjoy and excel in the sport of rowing. Llrcrew is a volunteer-driven, non-profit club committed to knowledgeable instruction, personal and competitive achievement, and the well-being of its members and the greater long lake community.

Program Services

DescriptionGrantsExpenses
THE LONG LAKE ROWING CREW PROVIDES A SAFE, INSPIRING AND EDUCATIONAL OPPORTUNITY FOR PEOPLE OF ALL AGES TO LEARN, ENJOY AND EXCEL IN THE SPORT OF ROWING. LLRCREW IS A VOLUNTEER-DRIVEN, NON-PROFIT CLUB COMMITTED TO KNOWLEDGEABLE INSTRUCTION, PERSONAL AND COMPETITIVE ACHIEVEMENT, AND THE WELL-BEING OF ITS MEMBERS AND THE GREATER LONG LAKE COMMUNITY.-$58,620
THE LONG LAKE ROWING CREW PROVIDES A SAFE, INSPIRING AND EDUCATIONAL OPPORTUNITY FOR PEOPLE OF ALL AGES TO LEARN, ENJOY AND EXCEL IN THE SPORT OF ROWING. LLRCREW IS A VOLUNTEER-DRIVEN, NON-PROFIT CLUB COMMITTED TO KNOWLEDGEABLE INSTRUCTION, PERSONAL AND COMPETITIVE ACHIEVEMENT, AND THE WELL-BEING OF ITS MEMBERS AND THE GREATER LONG LAKE COMMUNITY.-$49,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT BERRELLPresident-$0--
KAREN FEAGLERSecretary-$0--
MARK GAALSWYKTreasurer-$0--
GLENN BURSTAHLEREquipment Di-$0--
LAURA BUGGYFundraising-$0--
LARRY PESZEKEquipment Di-$0--
CHAD KUECHLEMember-$0--
TIM LETSCHERMember-$0--
JON FAHNINGMember-$0--
Filing and Contact Details

Filer

Filer Name
Long Lake Rowing Crew
EIN
46-4570016
Address
PO BOX 591, LONG LAKE, MN 55356

Signing Officer

Name
Mark Gaalswyk
Title
Treasurer
Signed
2021-06-09
Discuss with paid preparer
Yes

Preparer

Firm
Business by Design LLC
Address
4916 LINCOLN DR, EDINA, MN 55436
Preparer
Ryan T Kellogg Ea
Phone
9523921200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing & promotions 20 administration 477 website 43 software 539 interest 17 insurance 6,668 bank fees 225 operating costs 6,371 reimbursed expenses 222 dues & subscriptions 2,475 other expense 3,755 non-investment depreciation 22,508 total 43,320

Form 990-ez, Part I, Line 20

Prior year donated capital adjustment 12,350 prior year unrestricted net assets adjustment 0 prior year donated equipment adjustment 0

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 6,041 1,668 216,488 232,142 less accumulated depreciation 83,388 105,896 total 139,141 127,914

Form 990-ez, Part II, Line 26

Paypal 0 583 credit cards 0 55 ppp loan 0 7,750

Form 990-ez, Part III

The long lake rowing crew provides a safe, inspiring and educational opportunity for people of all ages to learn, enjoy and excel in the sport of rowing. Llrcrew is a volunteer-driven, non-profit club committed to knowledgeable instruction, personal and competitive achievement, and the well-being of its members and the greater long lake community.

Form 990-ez, Part III, Line 28

The long lake rowing crew provides a safe, inspiring and educational opportunity for people of all ages to learn, enjoy and excel in the sport of rowing. Llrcrew is a volunteer-driven, non-profit club committed to knowledgeable instruction, personal and competitive achievement, and the well-being of its members and the greater long lake community.

Form 990-ez, Part III, Line 31

The long lake rowing crew provides a safe, inspiring and educational opportunity for people of all ages to learn, enjoy and excel in the sport of rowing. Llrcrew is a volunteer-driven, non-profit club committed to knowledgeable instruction, personal and competitive achievement, and the well-being of its members and the greater long lake community.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING & PROMOTIONS 20 ADMINISTRATION 477 WEBSITE 43 SOFTWARE 539 INTEREST 17 INSURANCE 6,668 BANK FEES 225 OPERATING COSTS 6,371 REIMBURSED EXPENSES 222 DUES & SUBSCRIPTIONS 2,475 OTHER EXPENSE 3,755 NON-INVESTMENT DEPRECIATION 22,508 TOTAL 43,320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR YEAR DONATED CAPITAL ADJUSTMENT 12,350 PRIOR YEAR UNRESTRICTED NET ASSETS ADJUSTMENT 0 PRIOR YEAR DONATED EQUIPMENT ADJUSTMENT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 6,041 1,668 216,488 232,142 LESS ACCUMULATED DEPRECIATION 83,388 105,896 TOTAL 139,141 127,914
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYPAL 0 583 CREDIT CARDS 0 55 PPP LOAN 0 7,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE LONG LAKE ROWING CREW PROVIDES A SAFE, INSPIRING AND EDUCATIONAL OPPORTUNITY FOR PEOPLE OF ALL AGES TO LEARN, ENJOY AND EXCEL IN THE SPORT OF ROWING. LLRCREW IS A VOLUNTEER-DRIVEN, NON-PROFIT CLUB COMMITTED TO KNOWLEDGEABLE INSTRUCTION, PERSONAL AND COMPETITIVE ACHIEVEMENT, AND THE WELL-BEING OF ITS MEMBERS AND THE GREATER LONG LAKE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE LONG LAKE ROWING CREW PROVIDES A SAFE, INSPIRING AND EDUCATIONAL OPPORTUNITY FOR PEOPLE OF ALL AGES TO LEARN, ENJOY AND EXCEL IN THE SPORT OF ROWING. LLRCREW IS A VOLUNTEER-DRIVEN, NON-PROFIT CLUB COMMITTED TO KNOWLEDGEABLE INSTRUCTION, PERSONAL AND COMPETITIVE ACHIEVEMENT, AND THE WELL-BEING OF ITS MEMBERS AND THE GREATER LONG LAKE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE LONG LAKE ROWING CREW PROVIDES A SAFE, INSPIRING AND EDUCATIONAL OPPORTUNITY FOR PEOPLE OF ALL AGES TO LEARN, ENJOY AND EXCEL IN THE SPORT OF ROWING. LLRCREW IS A VOLUNTEER-DRIVEN, NON-PROFIT CLUB COMMITTED TO KNOWLEDGEABLE INSTRUCTION, PERSONAL AND COMPETITIVE ACHIEVEMENT, AND THE WELL-BEING OF ITS MEMBERS AND THE GREATER LONG LAKE COMMUNITY.
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 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LONG LAKE ROWING CREW
ReturnHeader/Filer/BusinessNameControlTxt0LONG
ReturnHeader/Filer/EIN0464570016
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN T KELLOGG EA
ReturnHeader/ReturnTs02021-06-15T15:16:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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