Civic Intelligence

Lookout Rowing Club

990EZ • Fiscal year 2017 • EIN 58-1934835

Oct 01, 2016 to Sep 30, 2017 • Filed on Feb 13, 2018

Organization ProfileWWW.LOOKOUTROWINGCLUB.COM
PO Box 11411Chattanooga, TN 37401

(423) 267-8040

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Net Margin

73rd percentile

13%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Asset Growth

64th percentile

7.4%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

52nd percentile

1.8%

Faster revenue growth than 52% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$180,977

Up $12,424 (+7.4%) from 2016

Net Assets

Up

$179,162

Up $12,049 (+7.2%) from 2016

Liabilities

Up

$1,815

Up $375 (+26%) from 2016

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin73rd percentile

Revenue

Up

$96,050

Up $1,722 (+1.8%) from 2016

Expenses

Down

$84,001

Down $45,563 (-35%) from 2016

Net Income

Up

$12,049

Up $47,285 (+134%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$300K$200K$100K$0Assets 2011: $187,831Liabilities 2011: $02011Assets 2012: $199,602Net Assets 2012: $199,6022012Assets 2013: $201,759Net Assets 2013: $201,7592013Assets 2014: $204,946Liabilities 2014: $690Net Assets 2014: $204,2562014Assets 2015: $203,699Liabilities 2015: $1,350Net Assets 2015: $202,3492015Assets 2016: $168,553Liabilities 2016: $1,440Net Assets 2016: $167,1132016Assets 2017: $180,977Liabilities 2017: $1,815Net Assets 2017: $179,1622017Assets 2018: $187,292Liabilities 2018: $2,565Net Assets 2018: $184,7272018Assets 2019: $195,145Liabilities 2019: $3,585Net Assets 2019: $191,5602019Assets 2020: $169,697Liabilities 2020: $3,795Net Assets 2020: $165,9022020Assets 2021: $160,609Liabilities 2021: $2,520Net Assets 2021: $158,0892021Assets 2022: $166,931Liabilities 2022: $2,550Net Assets 2022: $164,3812022Assets 2023: $205,599Liabilities 2023: $2,8502023Assets 2024: $228,829Liabilities 2024: $3,360Net Assets 2024: $225,4692024Assets 2025: $257,919Liabilities 2025: $3,060Net Assets 2025: $254,8592025

Highlighted filing

2017

Assets$180,977
Liabilities$1,815
Net Assets$179,162
Open 2017 Filing

Operations Trend

Revenue Growth52nd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $80,749Expenses 2011: $59,460Net Income 2011: $21,2892011Revenue 2012: $77,481Expenses 2012: $65,710Net Income 2012: $11,7712012Revenue 2013: $74,166Expenses 2013: $72,009Net Income 2013: $2,1572013Revenue 2014: $83,896Expenses 2014: $81,399Net Income 2014: $2,4972014Revenue 2015: $78,628Expenses 2015: $80,535Net Income 2015: -$1,9072015Revenue 2016: $94,328Expenses 2016: $129,564Net Income 2016: -$35,2362016Revenue 2017: $96,050Expenses 2017: $84,001Net Income 2017: $12,0492017Revenue 2018: $91,267Expenses 2018: $85,702Net Income 2018: $5,5652018Revenue 2019: $65,098Expenses 2019: $58,265Net Income 2019: $6,8332019Revenue 2020: $29,774Expenses 2020: $55,437Net Income 2020: -$25,6632020Revenue 2021: $39,020Expenses 2021: $46,833Net Income 2021: -$7,8132021Revenue 2022: $48,616Expenses 2022: $42,324Net Income 2022: $6,2922022Revenue 2023: $99,586Expenses 2023: $61,218Net Income 2023: $38,3682023Revenue 2024: $98,176Expenses 2024: $75,456Net Income 2024: $22,7202024Revenue 2025: $108,241Expenses 2025: $78,851Net Income 2025: $29,3902025

Highlighted filing

2017

Revenue$96,050
Expenses$84,001
Net Income$12,049
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Feb 13, 2018
Return Version
2016v3.1
Gross Receipts
$96,050
Mission and Program Overview

Mission

To promote competitive and recreational rowing

Program Services

DescriptionGrantsExpenses
PROMOTED ROWING AS A RECREATIONAL PURSUIT, PROVIDED COACHING AND ROWING INSTRUCTION TO MEMBERS, PROMOTED ROWING THROUGH TWO MAJOR ROWING EVENTS THAT ARE RECOGNIZED NATIONALLY - "HEAD OF THE HOOCH- AND "CHATTANOOGA HEAD RACE".--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DEBBIE MCSWAIN TEALPresident-$0--
MATTHEW WILLIAMSVice Preside-$0--
HENRY MAGNUSONTreasurer-$0--
MEGAN HANEWALDSecretary-$0--
LOISANN SHANNONTeam Row Lea-$0--
CHRISTINE CONNORSBoard Member-$0--
DOUG BEVILLEBoard Member-$0--
CHRISTY CHARMANBoard Member-$0--
ALLISON COLBERGBoard Member-$0--
DAVID MOOREBoard Member-$0--
SETH FALERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Lookout Rowing Club
EIN
58-1934835
Phone
4232678040
Address
PO BOX 11411, CHATTANOOGA, TN 37401

Signing Officer

Name
Henry Magnuson
Title
Treasurer
Phone
4232678040
Signed
2018-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Rollins & Rollins Cpas
Address
6140 DAYTON BLVD, HIXSON, TN 37343-2711
Preparer
Janet L Rollins CPA
Phone
4238421122
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses repairs & maintenance 2,399 annual fee to tn sos 20 bank charges 35 event & program expenses 22,889 insurance 7,153 po box rental 130 website 389 donations 6,422 miscellaneous 1,496 non-investment depreciation 16,638 total 57,571”

Form 990-ez, Part II, Line 24

“Equipment 175,572 175,572 less accumulated depreciation 130,627 147,265 other assets 15,287 15,287 total 60,232 43,594”

Form 990-ez, Part II, Line 26

“KEY DEPOSITS 1,440 1,815”

Form 990-ez, Part III, Line 28

“Promoted rowing as a recreational pursuit, provided coaching and rowing instruction to members, promoted rowing through two major rowing events that are recognized nationally - "head of the hooch- and "chattanooga head race".”

Raw XML Appendix138 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HENRY MAGNUSON
IRS990EZ/BooksInCareOfDetail/PhoneNum04232678040
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 11411
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHATTANOOGA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037401
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0108321
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0137383
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012049
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02430
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0168553
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0180977
IRS990EZ/GrossReceiptsAmt096050
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt020
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt023653
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0167113
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0179162
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0167113
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0179162
IRS990EZ/OccupancyRentUtltsAndMaintAmt024000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt101.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DEBBIE MCSWAIN TEAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATTHEW WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HENRY MAGNUSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MEGAN HANEWALD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LOISANN SHANNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHRISTINE CONNORS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DOUG BEVILLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CHRISTY CHARMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ALLISON COLBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9DAVID MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SETH FALER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TEAM ROW LEA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt060232
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043594
IRS990EZ/OtherExpensesTotalAmt057571
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE COMPETITIVE AND RECREATIONAL ROWING
IRS990EZ/ProgramServiceRevenueAmt072377
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTED ROWING AS A RECREATIONAL PURSUIT, PROVIDED COACHING AND ROWING INSTRUCTION TO MEMBERS, PROMOTED ROWING THROUGH TWO MAJOR ROWING EVENTS THAT ARE RECOGNIZED NATIONALLY - "HEAD OF THE HOOCH- AND "CHATTANOOGA HEAD RACE".
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01440
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01815
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt084001
IRS990EZ/TotalRevenueAmt096050
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LOOKOUTROWINGCLUB.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES REPAIRS & MAINTENANCE 2,399 ANNUAL FEE TO TN SOS 20 BANK CHARGES 35 EVENT & PROGRAM EXPENSES 22,889 INSURANCE 7,153 PO BOX RENTAL 130 WEBSITE 389 DONATIONS 6,422 MISCELLANEOUS 1,496 NON-INVESTMENT DEPRECIATION 16,638 TOTAL 57,571
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 175,572 175,572 LESS ACCUMULATED DEPRECIATION 130,627 147,265 OTHER ASSETS 15,287 15,287 TOTAL 60,232 43,594
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KEY DEPOSITS 1,440 1,815
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROMOTED ROWING AS A RECREATIONAL PURSUIT, PROVIDED COACHING AND ROWING INSTRUCTION TO MEMBERS, PROMOTED ROWING THROUGH TWO MAJOR ROWING EVENTS THAT ARE RECOGNIZED NATIONALLY - "HEAD OF THE HOOCH- AND "CHATTANOOGA HEAD RACE".
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, LINE 28
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HENRY MAGNUSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04232678040
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOOKOUT ROWING CLUB
ReturnHeader/Filer/BusinessNameControlTxt0LOOK
ReturnHeader/Filer/EIN0581934835
ReturnHeader/Filer/PhoneNum04232678040
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 11411
ReturnHeader/Filer/USAddress/CityNm0CHATTANOOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F5C6863D279FED2E0A482AE2E146005AB331A881
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F5C6863D279FED2E0A482AE2E146005AB331A881
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205132786
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROLLINS & ROLLINS CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06140 DAYTON BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIXSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0373432711
ReturnHeader/PreparerPersonGrp/PhoneNum04238421122
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANET L ROLLINS CPA
ReturnHeader/ReturnTs02018-02-13T14:06:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,977
Liabilities
$1,815
Net assets
$179,162
Revenue
$96,050
Expenses
$84,001
Net income
$12,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.58$0.03$2.55$1.08$0.79$0.29
2024Detailed filing. Detailed filing data is available for this year.$2.29$0.03$2.25$0.98$0.75$0.23
2023Summary only. Only limited summary data is available for this year.$2.06$0.03$1.00$0.61$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$0.03$1.64$0.49$0.42$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.61$0.03$1.58$0.39$0.47$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.04$1.66$0.30$0.55$0.26
2019Detailed filing. Detailed filing data is available for this year.$1.95$0.04$1.92$0.65$0.58$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.03$1.85$0.91$0.86$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.81$0.02$1.79$0.96$0.84$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.01$1.67$0.94$1.30$0.35
2015Detailed filing. Detailed filing data is available for this year.$2.04$0.01$2.02$0.79$0.81$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.05$0.01$2.04$0.84$0.81$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$2.02$0.74$0.72$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$2.00$0.77$0.66$0.12
2011Summary only. Only limited summary data is available for this year.$1.88$0.00$0.81$0.59$0.21