Civic Intelligence

Dallas Rowing Club

EIN 75-1800739 • 501(c)3 • Dallas, TX

Profile

DRC offers rowing programs to promote the sport of rowing for all levels and ages from youth to adults. Our primary focus is to empower public school students and community members to reach their greatest potential through training and education. This enables students to live a healthy lifestye foster teamwork and learn to take accountability and provide leadership.

PO Box 12033Dallas, TX 75225

www.dallasrowingclub.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.05x

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

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

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$5,113

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

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

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$409,344

Up $62,067 (+18%) from 2023

Liabilities

Up

$11,250

Up $6,300 (+127%) from 2023

Net Assets

Up

$398,094

Up $55,767 (+16%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin77th percentile

Revenue

Up

$234,318

Up $38,166 (+19%) from 2023

Expenses

Up

$178,551

Up $16,015 (+9.9%) from 2023

Net Income

Up

$55,767

Up $22,151 (+66%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2013: $248,230Liabilities 2013: $02013Assets 2014: $272,325Liabilities 2014: $02014Assets 2015: $304,805Liabilities 2015: $02015Assets 2016: $344,220Liabilities 2016: $02016Assets 2017: $394,878Liabilities 2017: $02017Assets 2018: $416,614Liabilities 2018: $02018Assets 2019: $412,457Liabilities 2019: $02019Assets 2020: $405,598Liabilities 2020: $02020Assets 2021: $371,458Liabilities 2021: $3,592Net Assets 2021: $367,8662021Assets 2022: $334,883Liabilities 2022: $26,172Net Assets 2022: $308,7112022Assets 2023: $347,277Liabilities 2023: $4,950Net Assets 2023: $342,3272023Assets 2024: $409,344Liabilities 2024: $11,250Net Assets 2024: $398,0942024

Highlighted filing

2024

Assets$409,344
Liabilities$11,250
Net Assets$398,094
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $118,138Expenses 2013: $105,193Net Income 2013: $12,9452013Revenue 2014: $118,371Expenses 2014: $69,804Net Income 2014: $48,5672014Revenue 2015: $129,514Expenses 2015: $101,258Net Income 2015: $28,2562015Revenue 2016: $159,010Expenses 2016: $123,205Net Income 2016: $35,8052016Revenue 2017: $166,912Expenses 2017: $116,833Net Income 2017: $50,0792017Revenue 2018: $145,255Expenses 2018: $137,065Net Income 2018: $8,1902018Revenue 2019: $140,243Expenses 2019: $145,825Net Income 2019: -$5,5822019Revenue 2020: $129,017Expenses 2020: $137,933Net Income 2020: -$8,9162020Revenue 2021: $157,967Expenses 2021: $195,447Net Income 2021: -$37,4802021Revenue 2022: $171,406Expenses 2022: $177,832Net Income 2022: -$6,4262022Revenue 2023: $196,152Expenses 2023: $162,536Net Income 2023: $33,6162023Revenue 2024: $234,318Expenses 2024: $178,551Net Income 2024: $55,7672024

Highlighted filing

2024

Revenue$234,318
Expenses$178,551
Net Income$55,767
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$409,344
Liabilities
$11,250
Net assets
$398,094
Revenue
$234,318
Expenses
$178,551
Net income
$55,767
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.09$0.11$3.98$2.34$1.79$0.56
2023Detailed filing. Detailed filing data is available for this year.$3.47$0.05$3.42$1.96$1.63$0.34
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.26$3.09$1.71$1.78$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.71$0.04$3.68$1.58$1.95$0.37
2020Summary only. Only limited summary data is available for this year.$4.06$0.00$1.29$1.38$0.09
2019Summary only. Only limited summary data is available for this year.$4.12$0.00$1.40$1.46$0.06
2018Summary only. Only limited summary data is available for this year.$4.17$0.00$1.45$1.37$0.08
2017Summary only. Only limited summary data is available for this year.$3.95$0.00$1.67$1.17$0.50
2016Summary only. Only limited summary data is available for this year.$3.44$0.00$1.59$1.23$0.36
2015Summary only. Only limited summary data is available for this year.$3.05$0.00$1.30$1.01$0.28
2014Summary only. Only limited summary data is available for this year.$2.72$0.00$1.18$0.70$0.49
2013Summary only. Only limited summary data is available for this year.$2.48$0.00$1.18$1.05$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.1
Gross Receipts
$234,318
Mission and Program Overview

Mission

Empower public school students and community members to reach greatest potential

DRC offers rowing programs to promote the sport of rowing for all levels and ages from youth to adults. Our primary focus is to empower public school students and community members to reach their greatest potential through training and education. This enables students to live a healthy lifestye foster teamwork and learn to take accountability and provide leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$159,245$219,139▲ $59,894
Land, Buildings, and Equipment, Net$188,032$189,115▲ $1,083
Accounts Receivable$0$1,090▲ $1,090
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$347,277$409,344▲ $62,067
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,950$11,250▲ $6,300
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,950$11,250▲ $6,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$342,327$398,094▲ $55,767
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$342,327$398,094▲ $55,767
Total Liabilities and Net Assets / Fund Balance$347,277$409,344▲ $62,067

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$133,530$333,683$467,213
Other Land Buildings$23,224$74,134$97,358
Buildings$32,361$55,521$87,882
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Emily FrancoBoard Member At-Large CoachPT$5,113$5,113

Board Members and Trustees

NameTitle
Theresa SearlesPresident
Richard MisdomVice President
Adam JonesBoard Member At-Large
Dylan ChanBoard Member At-Large
Jerilyn RigginsBoard Member At-Large
Maria EswayBoard Member At-Large
Mike MorschauserBoard Member At-Large
Pitts YandellBoard Member At-Large
Susan CowgerBoard Member At-Large
Jacqueline FreemanBoathouse Captain
Cynthia RepaskySecretary
Carson SnyderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$49,837
Program Service Revenue
$177,062
Investment Income
$7,419
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$55,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166,415
Grants and Similar Amounts Paid$12,136
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$51,226$0$0$51,226
Fees for Services Other$42,465$0$0$42,465
Insurance$0$17,746$0$17,746
Occupancy$0$13,178$0$13,178
Grants to Domestic Individuals$12,136--$12,136
Information Technology$5,720$1,604$0$7,324
Other Expenses$7,306$0$0$7,306
Travel$3,109$0$0$3,109
Total Functional Expenses$146,023$32,528$0$178,551
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ergathon$46,337$0$0$0
Total Events$46,337$0$0$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

“Members in good standing have equal voting.”

Part VI, Section A, Line 7A

“| Class of the Person:, Nature of their rights:| Members, Members may vote to appoint the board of directors.|”

Part VI, Section A, Line 7B

“| Class of the Person:, Decisions that require their approval:, Nature of their rights:| Members, Bylaw amendments, Members may vote to approve bylaws.|”

Part VI, Section B, Line 11B

“The form is peer reviewed by a member of the governing body.”

Part VI, Section C, Line 19

“Available by request.”

Filing and Contact Details

Filer

Filer Name
Dallas Rowing Club
EIN
75-1800739
In Care Of
% Carson Snyder
Address
PO Box 12033, Dallas, TX 75225

Signing Officer

Name
Carson Snyder
Title
Treasurer
Signed
2025-04-29
Discuss with paid preparer
No

Organization Details

Principal Officer
Carson Snyder
Formed
1980
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
40
Supplemental Narrative

Additional Explanations

Part IX, line 11G

“| Description:, Amount:| Coaching Fees, $42465|”

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