Civic Intelligence

Seminole County Area Rowing Inc.

990EZ • Fiscal year 2024 • EIN 65-1263252

Aug 01, 2023 to Jul 31, 2024 • Filed on Dec 16, 2024

5717 Red Bug Lake Road Ste 156Winter Springs, FL 32708

(407) 391-5312

Siviq Scores

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

Liabilities / Assets

79th percentile

0.10x

Higher debt load relative to assets than 79% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-1.5%

Higher net margin than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-24%

Faster asset growth than 21% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$15,999

Down $5,191 (-24%) from 2023

Net Assets

Down

$14,441

Down $1,451 (-9.1%) from 2023

Liabilities

Down

$1,558

Down $3,740 (-71%) from 2023

Revenue

Down

$95,371

Down $18,537 (-16%) from 2023

Expenses

Down

$96,822

Down $7,592 (-7.3%) from 2023

Net Income

Down

-$1,451

Down $10,945 (-115%) from 2023

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2014: $70,953Liabilities 2014: $79,7172014Assets 2015: $79,834Liabilities 2015: $47,785Net Assets 2015: $32,0492015Assets 2016: $109,828Liabilities 2016: $60,794Net Assets 2016: $49,0342016Assets 2017: $79,863Liabilities 2017: $37,602Net Assets 2017: $42,2612017Assets 2018: $87,976Liabilities 2018: $45,888Net Assets 2018: $42,0882018Assets 2019: $74,620Liabilities 2019: $29,891Net Assets 2019: $44,7292019Assets 2020: $55,179Liabilities 2020: $16,637Net Assets 2020: $38,5422020Assets 2021: $54,166Liabilities 2021: $4,789Net Assets 2021: $49,3772021Assets 2022: $17,806Liabilities 2022: $11,408Net Assets 2022: $6,3982022Assets 2023: $21,190Liabilities 2023: $5,298Net Assets 2023: $15,8922023Assets 2024: $15,999Liabilities 2024: $1,558Net Assets 2024: $14,4412024Assets 2025: $35,852Liabilities 2025: $7,228Net Assets 2025: $28,6242025

Highlighted filing

2024

Assets$15,999
Liabilities$1,558
Net Assets$14,441

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $171,387Expenses 2014: $179,736Net Income 2014: -$8,3492014Revenue 2015: $171,295Expenses 2015: $161,157Net Income 2015: $10,1382015Revenue 2016: $188,020Expenses 2016: $171,035Net Income 2016: $16,9852016Revenue 2017: $181,894Expenses 2017: $188,667Net Income 2017: -$6,7732017Revenue 2018: $164,214Expenses 2018: $164,387Net Income 2018: -$1732018Revenue 2019: $118,162Expenses 2019: $115,521Net Income 2019: $2,6412019Revenue 2020: $78,418Expenses 2020: $84,605Net Income 2020: -$6,1872020Revenue 2021: $100,251Expenses 2021: $89,416Net Income 2021: $10,8352021Revenue 2022: $77,048Expenses 2022: $120,027Net Income 2022: -$42,9792022Revenue 2023: $113,908Expenses 2023: $104,414Net Income 2023: $9,4942023Revenue 2024: $95,371Expenses 2024: $96,822Net Income 2024: -$1,4512024Revenue 2025: $131,450Expenses 2025: $117,267Net Income 2025: $14,1832025

Highlighted filing

2024

Revenue$95,371
Expenses$96,822
Net Income-$1,451
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Dec 16, 2024
Return Version
2023v5.0
Gross Receipts
$95,371
Mission and Program Overview

Mission

Promote the sport of rowing.

Program Services

DescriptionGrantsExpenses
A VOLUNTEER-RUN CLUB COMMITTED TO EXPANDING ACCESS TO THE SPORT OF ROWING TO SEMINOLE COUNTY YOUTH. WE BELIEVE IN THE POWER OF GETTING KIDS OUTSIDE, WORKING HARD AND CREATING HEALTHY HABITS THAT LAST A LIFETIME.-$84,907
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLAYTON RUSSELL SLAPPEYTreasurer-$0--
KRISTEN MCGUIREPresidentPT$0--
STACEY LEONESecretaryPT$0--
ERIN BRANNONVice PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Seminole County Area Rowing Inc
EIN
65-1263252
Phone
4073915312
Address
5717 RED BUG LAKE ROAD STE 156, WINTER SPRINGS, FL 32708

Signing Officer

Name
Erin Brannon
Title
Vice President
Phone
4073915312
Signed
2024-12-16
Discuss with paid preparer
Yes

Preparer

Firm
CPA Orlando
Address
1177 LOUISIANA AVENUE STE 201, WINTER PARK, FL 32789
Preparer
Melissa Barbosa
Phone
4076575440
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses recruiting 1,156 office expense 3,419 insurance 6,232 banquet expenses 1,096 dues 2,368 regatta expenses 26,204 repairs & maintenance 6,449 supplies 3,735 non-investment depreciation 3,257 total 53,916

Form 990-ez, Part II, Line 24

Equipment 156,314 160,370 less accumulated depreciation 154,505 157,762 total 1,809 2,608

Form 990-ez, Part II, Line 26

Due to members 2,542 0 notes payable 2,756 1,558

Raw XML Appendix176 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084907
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES RECRUITING 1,156 OFFICE EXPENSE 3,419 INSURANCE 6,232 BANQUET EXPENSES 1,096 DUES 2,368 REGATTA EXPENSES 26,204 REPAIRS & MAINTENANCE 6,449 SUPPLIES 3,735 NON-INVESTMENT DEPRECIATION 3,257 TOTAL 53,916
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 156,314 160,370 LESS ACCUMULATED DEPRECIATION 154,505 157,762 TOTAL 1,809 2,608
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO MEMBERS 2,542 0 NOTES PAYABLE 2,756 1,558
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
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIN BRANNON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04073915312
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEMINOLE COUNTY AREA ROWING INC
ReturnHeader/Filer/BusinessNameControlTxt0SEMI
ReturnHeader/Filer/EIN0651263252
ReturnHeader/Filer/PhoneNum04073915312
ReturnHeader/Filer/USAddress/AddressLine1Txt05717 RED BUG LAKE ROAD STE 156
ReturnHeader/Filer/USAddress/CityNm0WINTER SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032708
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822881208
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINTER PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032789
ReturnHeader/PreparerPersonGrp/PhoneNum04076575440
ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA BARBOSA
ReturnHeader/ReturnTs02024-12-16T15:02:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31
ReturnHeader/TaxYr02023

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Filings