Civic Intelligence

Sarasota Scullers Youth Rowing Program Inc.

990 • Fiscal year 2016 • EIN 65-0280018

Aug 01, 2015 to Jul 31, 2016 • Filed on Jan 26, 2017

125 Bayview DriveOsprey, FL 34229

(941) 966-2244

Siviq Scores

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

Liabilities / Assets

85th percentile

0.32x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.43x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

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

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Up

$410,364

Up $40,111 (+11%) from 2015

Net Assets

Down

$277,007

Down $39,650 (-13%) from 2015

Liabilities

Up

$133,357

Up $79,761 (+149%) from 2015

Revenue

Down

$309,179

Down $39,956 (-11%) from 2015

Expenses

Up

$348,829

Up $101,380 (+41%) from 2015

Net Income

Down

-$39,650

Down $141,336 (-139%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $260,188Liabilities 2011: $63,977Net Assets 2011: $196,2112011Assets 2012: $274,425Liabilities 2012: $54,388Net Assets 2012: $220,0372012Assets 2013: $411,646Liabilities 2013: $154,723Net Assets 2013: $256,9232013Assets 2014: $336,931Liabilities 2014: $121,960Net Assets 2014: $214,9712014Assets 2015: $370,253Liabilities 2015: $53,596Net Assets 2015: $316,6572015Assets 2016: $410,364Liabilities 2016: $133,357Net Assets 2016: $277,0072016Assets 2017: $424,818Liabilities 2017: $128,758Net Assets 2017: $296,0602017Assets 2018: $358,414Liabilities 2018: $73,127Net Assets 2018: $285,2872018Assets 2019: $228,078Liabilities 2019: $34,713Net Assets 2019: $193,3652019Assets 2020: $197,928Liabilities 2020: $42,870Net Assets 2020: $155,0582020Assets 2021: $219,244Liabilities 2021: $7,653Net Assets 2021: $211,5912021Assets 2022: $229,625Liabilities 2022: $0Net Assets 2022: $229,6252022Assets 2023: $151,922Net Assets 2023: $151,9222023Assets 2024: $143,053Liabilities 2024: $7,382Net Assets 2024: $135,6712024Assets 2025: $126,480Liabilities 2025: $400Net Assets 2025: $126,0802025

Highlighted filing

2016

Assets$410,364
Liabilities$133,357
Net Assets$277,007

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $236,069Expenses 2011: $219,583Net Income 2011: $16,4862011Expenses 2012: $233,5892012Expenses 2013: $307,2642013Revenue 2014: $300,532Expenses 2014: $342,484Net Income 2014: -$41,9522014Revenue 2015: $349,135Expenses 2015: $247,449Net Income 2015: $101,6862015Revenue 2016: $309,179Expenses 2016: $348,829Net Income 2016: -$39,6502016Revenue 2017: $293,914Expenses 2017: $274,861Net Income 2017: $19,0532017Revenue 2018: $445,990Expenses 2018: $468,843Net Income 2018: -$22,8532018Revenue 2019: $252,427Expenses 2019: $344,349Net Income 2019: -$91,9222019Revenue 2020: $186,810Expenses 2020: $225,117Net Income 2020: -$38,3072020Revenue 2021: $178,478Expenses 2021: $166,699Net Income 2021: $11,7792021Revenue 2022: $73,908Expenses 2022: $55,874Net Income 2022: $18,0342022Revenue 2023: $108,224Expenses 2023: $185,927Net Income 2023: -$77,7032023Revenue 2024: $95,590Expenses 2024: $149,055Net Income 2024: -$53,4652024Revenue 2025: $91,635Expenses 2025: $101,225Net Income 2025: -$9,5902025

Highlighted filing

2016

Revenue$309,179
Expenses$348,829
Net Income-$39,650
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Jan 26, 2017
Return Version
2015v3.0
Gross Receipts
$337,574
Mission and Program Overview

Mission

Sarasota Scullers strengthens our communitys youth by developing the whole rower and instilling values that bring them success on the water and throughout life

To evolve teens into competitive athletes with a spirirt of honor, self respect, good sportsmanship, teamwork, high moral standards, good health and strong character.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$334,568$337,173▲ $2,605
Cash and Non-Interest-Bearing Accounts$33,672$73,191▲ $39,519
Accounts Receivable$2,013$0▼ $2,013
Total Assets$370,253$410,364▲ $40,111
Liabilities
Mortgage Notes Payable Secured by Investment Property$52,036$127,095▲ $75,059
Accounts Payable and Accrued Expenses$1,560$6,262▲ $4,702
Total Liabilities$53,596$133,357▲ $79,761
Net Assets / Fund Balance
Unrestricted Net Assets$316,657$277,007▼ $39,650
Total Net Assets Fund Balance$316,657$277,007▼ $39,650
Total Liabilities and Net Assets / Fund Balance$370,253$410,364▲ $40,111

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$215,146$676,283$891,429
Land$70,780-$70,780
Other Land Buildings$16,410$40,720$57,130
Buildings$34,311$17,909$52,220
Leasehold Improvements$526$1,239$1,765
Compensation and Service Providers

Board Members and Trustees

NameTitle
George StricklandPresident
Seth KoplinVice President
Christopher StewartDirector
Craig SteinhoffDirector
Julie NaidelDirector
Karen MischakDirector
Karen WiegandtDirector
Tom LingleDirector
Ximena GrieoffeonDirector
Dawn BeilerSecretary
Rita FerrandinoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$39,526
Program Service Revenue
$247,506
Investment Income
$-2,832
Other Revenue
$24,979
All Other Contributions
$39,526
Change in Net Assets
$-39,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,568
Salaries, Compensation, and Employee Benefits$148,261
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$148,261--$148,261
Depreciation Depletion$90,201--$90,201
Insurance$17,816--$17,816
Fees for Services Other-$12,081-$12,081
Advertising$10,668--$10,668
Interest$8,015--$8,015
All Other Expenses$7,837--$7,837
Other Expenses$4,053--$4,053
Office Expenses$3,604--$3,604
Fees for Services Accounting-$2,736-$2,736
Travel$500--$500
Total Functional Expenses$334,012$14,817$0$348,829
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,290
Fundraising Direct Expenses$7,398
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Million Meter$21,611$21,611$825$20,786
Awards Banquet$9,679$9,679$6,573$3,106
Total Events$31,290$31,290$7,398$23,892
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, Part VI, Section B, Line 11

Board of directors meets to review the form and an officer signs it before filing.

Form 990, Part VI, Section C, Line 19

When a member of the public would like information regarding the company's governing documents, policies, or financial statements, a formal request can be made at the office of the company.

Filing and Contact Details

Filer

Filer Name
Sarasota Scullers Youth Rowing
EIN
65-0280018
Phone
9419662244
Address
125 BAYVIEW DRIVE, OSPREY, FL 34229

Signing Officer

Name
Rita Ferrandino
Title
Treasurer
Phone
9419662244
Signed
2017-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rita Ferrandino
Formed
1991
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
15
Volunteers
50

Preparer

Firm
Hill Barth & King LLC
Address
1777 MAIN STREET SUITE 301, SARASOTA, FL 34236
Preparer
Craig M Steinhoff
Phone
9419574242
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IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1REGATTAS
IRS990/ProgramServiceRevenueGrp/Desc2COACHING SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3EQUIPMENT RENTALS & SA
IRS990/ProgramServiceRevenueGrp/Desc4WINTER TRAINING CAMP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0218443
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117810
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27375
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32678
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0218443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32678
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt058811
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0160
IRS990/PYOtherExpensesAmt0113205
IRS990/PYOtherRevenueAmt027250
IRS990/PYProgramServiceRevenueAmt0262914
IRS990/PYRevenuesLessExpensesAmt0101686
IRS990/PYSalariesCompEmpBnftPaidAmt0134244
IRS990/PYTotalExpensesAmt0247449
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0349135
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-39650
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0320956
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0140897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0211933
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0241991
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01164414
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0165
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0160
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0170
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0189
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0363
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01047
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt011253
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt028019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt060192
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt045588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt025503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0170555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0165
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0160
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0170
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0189
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0363
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01047
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt01334969
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0259890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0348975
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0201089
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0257521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0267494
IRS990ScheduleA/Total509Grp/TotalAmt01334969
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0349135
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0201259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0257710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0267857
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01336016
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt034311
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017909
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt052220
IRS990ScheduleD/EquipmentGrp/BookValueAmt0215146
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0676283
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0891429
IRS990ScheduleD/LandGrp/BookValueAmt070780
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070780
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0526
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01239
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01765
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016410
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt040720
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt057130
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0337173
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07398
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MILLION METER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0AWARDS BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09679
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09679
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031290
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023892
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07398
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0825
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06573
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS MEETS TO REVIEW THE FORM AND AN OFFICER SIGNS IT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN A MEMBER OF THE PUBLIC WOULD LIKE INFORMATION REGARDING THE COMPANY'S GOVERNING DOCUMENTS, POLICIES, OR FINANCIAL STATEMENTS, A FORMAL REQUEST CAN BE MADE AT THE OFFICE OF THE COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0370253
IRS990/TotalAssetsEOYAmt0410364
IRS990/TotalAssetsGrp/BOYAmt0370253
IRS990/TotalAssetsGrp/EOYAmt0410364

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.92$1.01$0.10
2024Detailed filing. Detailed filing data is available for this year.$1.43$0.07$1.36$0.96$1.49$0.53
2023Detailed filing. Detailed filing data is available for this year.$1.52$1.52$1.08$1.86$0.78
2022Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.74$0.56$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.19$0.08$2.12$1.78$1.67$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.43$1.55$1.87$2.25$0.38
2019Detailed filing. Detailed filing data is available for this year.$2.28$0.35$1.93$2.52$3.44$0.92
2018Detailed filing. Detailed filing data is available for this year.$3.58$0.73$2.85$4.46$4.69$0.23
2017Detailed filing. Detailed filing data is available for this year.$4.25$1.29$2.96$2.94$2.75$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.10$1.33$2.77$3.09$3.49$0.40
2015Detailed filing. Detailed filing data is available for this year.$3.70$0.54$3.17$3.49$2.47$1.02
2014Detailed filing. Detailed filing data is available for this year.$3.37$1.22$2.15$3.01$3.42$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$1.55$2.57$3.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.54$2.20$2.34
2011Summary only. Only limited summary data is available for this year.$2.60$0.64$1.96$2.36$2.20$0.16