Civic Intelligence

Illinois Rowing Association

990EZ • Fiscal year 2020 • EIN 81-2649511

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 13, 2021

Organization ProfileN/A

View Organization Page

901 S 2nd St Ste 201Springfield, IL 62704-7909

(708) 602-2087

Siviq Scores

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

Liabilities / Assets

81st percentile

0.23x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

0.54x

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

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

Net Margin

55th percentile

8.4%

Higher net margin than 55% 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

46th percentile

1.4%

Faster asset growth than 46% of similar nonprofits.

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

Revenue Growth

66th percentile

1.5%

Faster revenue growth than 66% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$207,920

Up $2,816 (+1.4%) from 2019

Net Assets

$160,916

No earlier filing loaded for comparison.

Liabilities

Up

$47,004

Up $42,566 (+959%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin55th percentile

Revenue

Up

$86,467

Up $1,240 (+1.5%) from 2019

Expenses

Up

$79,213

Up $404 (+0.5%) from 2019

Net Income

Up

$7,254

Up $836 (+13%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$400K$300K$200K$100K$0Assets 2016: $148,203Liabilities 2016: $02016Assets 2017: $142,622Liabilities 2017: $13,3442017Assets 2018: $206,973Liabilities 2018: $12,7262018Assets 2019: $205,104Liabilities 2019: $4,4382019Assets 2020: $207,920Liabilities 2020: $47,004Net Assets 2020: $160,9162020Assets 2021: $241,465Liabilities 2021: $34,064Net Assets 2021: $207,4012021Assets 2022: $283,340Liabilities 2022: $120,849Net Assets 2022: $162,4912022Assets 2023: $304,786Liabilities 2023: $112,611Net Assets 2023: $192,1752023Assets 2024: $290,725Liabilities 2024: $126,262Net Assets 2024: $164,4632024

Highlighted filing

2020

Assets$207,920
Liabilities$47,004
Net Assets$160,916
Open 2020 Filing

Operations Trend

Revenue Growth66th percentile

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

$200K$100K$0-$100KRevenue 2016: $187,504Expenses 2016: $39,301Net Income 2016: $148,2032016Revenue 2017: $60,395Expenses 2017: $83,399Net Income 2017: -$23,0042017Revenue 2018: $165,779Expenses 2018: $100,809Net Income 2018: $64,9702018Revenue 2019: $85,227Expenses 2019: $78,809Net Income 2019: $6,4182019Revenue 2020: $86,467Expenses 2020: $79,213Net Income 2020: $7,2542020Revenue 2021: $153,865Expenses 2021: $107,380Net Income 2021: $46,4852021Revenue 2022: $107,661Expenses 2022: $152,571Net Income 2022: -$44,9102022Revenue 2023: $162,207Expenses 2023: $132,523Net Income 2023: $29,6842023Revenue 2024: $134,062Expenses 2024: $161,774Net Income 2024: -$27,7122024

Highlighted filing

2020

Revenue$86,467
Expenses$79,213
Net Income$7,254
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 13, 2021
Return Version
2020v4.0
Gross Receipts
$86,700
Mission and Program Overview

Mission

To stimulate and foster interest in and particpation in the sport of rowing.

To stimulate and foster interest in the sport of rowing

Program Services

DescriptionGrantsExpenses
The Illinois Rowing Association employed coaching staff during 2020. The coaching staff provided training guidance and safety to roughly 50+ amateur rowers and introduced many first-time athletes to the sport of rowing. The coaching staff worked with the athletes both in the gym on indoor rowing machines and on the water in the rowing shells that the Illinois Rowing Association provides.$0$31,493
The Illinois Rowing Association provided a truck and trailer to the Illinois Rowing Club Teams to allow for transportation of rowing shells and facilitated the day-to-day activities of the teams' operations. The truck that the Illinois Rowing Association provided benefited a team of 50+ athletes.$0$10,300
The Illinois Rowing Association maintains a variety of rowing specific equipment for the benefit of 50+ athletes. The equipment that we provide includes rowing shells oars docks and coaching launch boats. This equipment allows for effective practice for experienced participants and allows for the safe introduction of the sport of rowing to first-time rowers.$0$6,354
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Curtis BeazultPresidentPT$0--
Katharina RainsVice President-$0--
William KlockTreasurerPT$0--
Emma ElmigerSecretary-$0--
Amanda DinerBoard MemeberPT$0--
Michael CoumansBoard Member-$0--
Bill GrierBoard MemberPT$0--
Erik HalversonBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Illinois Rowing Association
EIN
81-2649511
In Care Of
% Curtis Bezault
Address
901 S 2ND ST STE 201, SPRINGFIELD, IL 62704-7909

Signing Officer

Name
William Klock
Title
Treasurer
Signed
2021-11-13
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Association filing fees, $148.00| Maintenance and repair of rowing shells and the truck, $16654.00| Depreciation, $19035.00|”

Part I, line 20

“| Description:, Explanation:, Amount:| EIDL Loan Balance, During the 2020 tax year the Illinois Rowing Association received an EIDL from the United States Government and incurred the following liability., $-47004|”

Part II, line 24

“| Asset Name:, BOY Amount:, EOY Amount:| 0, $16630, $14568| 0, $157014, $174495|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $4438, $47004|”

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Association filing fees, $148.00| Maintenance and repair of rowing shells and the truck, $16654.00| Depreciation, $19035.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Description:, Explanation:, Amount:| EIDL Loan Balance, During the 2020 tax year the Illinois Rowing Association received an EIDL from the United States Government and incurred the following liability., $-47004|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Asset Name:, BOY Amount:, EOY Amount:| 0, $16630, $14568| 0, $157014, $174495|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $4438, $47004|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0William Klock
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILLINOIS ROWING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0812649511
ReturnHeader/Filer/ForeignPhoneNum07086022087
ReturnHeader/Filer/InCareOfNm0% Curtis Bezault
ReturnHeader/Filer/USAddress/AddressLine1Txt0901 S 2ND ST STE 201
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0627047909
ReturnHeader/ReturnTs02021-11-13T08:37:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$207,920
Liabilities
$47,004
Net assets
$160,916
Revenue
$86,467
Expenses
$79,213
Net income
$7,254
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.91$1.26$1.64$1.34$1.62$0.28
2023Detailed filing. Detailed filing data is available for this year.$3.05$1.13$1.92$1.62$1.33$0.30
2022Detailed filing. Detailed filing data is available for this year.$2.83$1.21$1.62$1.08$1.53$0.45
2021Detailed filing. Detailed filing data is available for this year.$2.41$0.34$2.07$1.54$1.07$0.46
2020Detailed filing. Detailed filing data is available for this year.$2.08$0.47$1.61$0.86$0.79$0.07
2019Summary only. Only limited summary data is available for this year.$2.05$0.04$0.85$0.79$0.06
2018Summary only. Only limited summary data is available for this year.$2.07$0.13$1.66$1.01$0.65
2017Summary only. Only limited summary data is available for this year.$1.43$0.13$0.60$0.83$0.23
2016Summary only. Only limited summary data is available for this year.$1.48$0.00$1.88$0.39$1.48