Civic Intelligence

The Textile River Regatta Inc

990EZ • Fiscal year 2019 • EIN 83-0708799

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 24, 2020

Organization Profilewww.textileriverregatta.org
PO Box 1493Lowell, MA 01853

(978) 746-7023

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

31st percentile

-4.3%

Higher net margin than 31% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

32nd percentile

-7.2%

Faster asset growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

-0.3%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$40,297

Down $3,128 (-7.2%) from 2018

Net Assets

Down

$40,297

Down $3,128 (-7.2%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin31st percentile

Revenue

Down

$72,035

Down $247 (-0.3%) from 2018

Expenses

Down

$75,163

Down $87 (-0.1%) from 2018

Net Income

Down

-$3,128

Down $160 (-5.4%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$80K$60K$40K$20K$0Assets 2018: $43,425Net Assets 2018: $43,4252018Assets 2019: $40,297Net Assets 2019: $40,2972019Assets 2020: $23,137Net Assets 2020: $23,1372020Assets 2021: $33,438Net Assets 2021: $33,4382021Assets 2022: $42,533Net Assets 2022: $42,5332022Assets 2023: $50,039Net Assets 2023: $50,0392023Assets 2024: $61,133Net Assets 2024: $61,1332024

Highlighted filing

2019

Assets$40,297
Liabilities-
Net Assets$40,297
Open 2019 Filing

Operations Trend

Revenue Growth47th percentile

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

$100K$50K$0-$50KRevenue 2018: $72,282Expenses 2018: $75,250Net Income 2018: -$2,9682018Revenue 2019: $72,035Expenses 2019: $75,163Net Income 2019: -$3,1282019Revenue 2020: $1,634Expenses 2020: $18,794Net Income 2020: -$17,1602020Revenue 2021: $43,893Expenses 2021: $33,592Net Income 2021: $10,3012021Revenue 2022: $62,341Expenses 2022: $53,246Net Income 2022: $9,0952022Revenue 2023: $70,354Expenses 2023: $62,848Net Income 2023: $7,5062023Revenue 2024: $88,183Expenses 2024: $77,089Net Income 2024: $11,0942024

Highlighted filing

2019

Revenue$72,035
Expenses$75,163
Net Income-$3,128
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 24, 2020
Return Version
2019v5.0
Gross Receipts
$72,035
Mission and Program Overview

Mission

To encourage amateur sport of rowing, both in its competitive & recreational forms through active rowing, training, regattas, social & organizational participation.

Program Services

DescriptionGrantsExpenses
FOSTER NATIONAL AND INTERNATONAL SPORTS COMPETITION IN ROWING.$54,233-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN SCAMMELLPresident-$0--
JOHN BALLANTINETreasurer-$0--
CARL POPOLOClerk-$0--
JAMES FEENANDirector-$0--
MARGARET LANDRYDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Textile River Regatta Inc
EIN
83-0708799
Phone
9787467023
Address
PO BOX 1493, LOWELL, MA 01853

Signing Officer

Name
Karen Scammell
Title
President
Phone
9787467023
Signed
2020-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Sullivan Dixon & Co Pc
Address
59 LOWES WAY STE 402, LOWELL, MA 01851
Preparer
Charles V Sullivan Cpapfs Cfp
Phone
9784548809
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: DONATION | Donee's Name: MERRIMAC RIVER ROWING ASSOCIATION INC | Donee's Address: 500 PAWTUCKET BLVD LOWELL MA 01853 | Relationship of Donee: SISTER ORGANIZATION | Cash Amount Given: $7500”

Other Expenses.1002

“Office Expenses $569”

Other Expenses.1012

“Insurance $1315”

Other Expenses.1

“REGATTA EXPENSE $14730”

Other Expenses.2

“SECURITY $5817”

Other Expenses.3

“DOCKS $5424”

Other Expenses.4

“REGATTA TIMING $5092”

Other Expenses.5

“MEDICAL EXPENSE $4951”

Other Expenses.6

“METALS $4640”

Other Expenses.7

“REGATTA FEES $4051”

Other Expenses.8

“SWAG $3605”

Other Expenses.9

“BATHROOMS $3254”

Other Expenses.10

“GROCERIES $1500”

Other Expenses.11

“T SHIRTS EXPENSE $1054”

Other Expenses.13

“MISCELLANEOUS $115”

Raw XML Appendix170 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN BALLANTINE
IRS990EZ/BooksInCareOfDetail/PhoneNum09787467023
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 PAWTUCKET BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOWELL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001854
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt043425
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES FEENAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARGARET LANDRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt056117
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGE AMATEUR SPORT OF ROWING, BOTH IN ITS COMPETITIVE & RECREATIONAL FORMS THROUGH ACTIVE ROWING, TRAINING, REGATTAS, SOCIAL & ORGANIZATIONAL PARTICIPATION.
IRS990EZ/PrintingPublicationsPostageAmt0278
IRS990EZ/ProgramServiceRevenueAmt071792
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOSTER NATIONAL AND INTERNATONAL SPORTS COMPETITION IN ROWING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt054233
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt075163
IRS990EZ/TotalProgramServiceExpensesAmt054233
IRS990EZ/TotalRevenueAmt072035
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.textileriverregatta.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06631
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt071792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt065894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0137686
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0144317
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt072035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt072282
IRS990ScheduleA/Total509Grp/TotalAmt0144317
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt072282
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0144317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: DONATION | Donee's Name: MERRIMAC RIVER ROWING ASSOCIATION INC | Donee's Address: 500 PAWTUCKET BLVD LOWELL MA 01853 | Relationship of Donee: SISTER ORGANIZATION | Cash Amount Given: $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $569
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1315
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REGATTA EXPENSE $14730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SECURITY $5817
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCKS $5424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REGATTA TIMING $5092
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEDICAL EXPENSE $4951
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8METALS $4640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9REGATTA FEES $4051
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SWAG $3605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BATHROOMS $3254
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12GROCERIES $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13T SHIRTS EXPENSE $1054
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14MISCELLANEOUS $115
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.13
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN SCAMMELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09787467023
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE TEXTILE RIVER REGATTA INC
ReturnHeader/Filer/BusinessNameControlTxt0TEXT
ReturnHeader/Filer/EIN0830708799
ReturnHeader/Filer/PhoneNum09787467023
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1493
ReturnHeader/Filer/USAddress/CityNm0LOWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001853
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262860895
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SULLIVAN DIXON & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt059 LOWES WAY STE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001851
ReturnHeader/PreparerPersonGrp/PhoneNum09784548809
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES V SULLIVAN CPAPFS CFP
ReturnHeader/ReturnTs02020-09-24T07:47:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,297
Liabilities
-
Net assets
$40,297
Revenue
$72,035
Expenses
$75,163
Net income
-$3,128
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$61.1$61.1$88.2$77.1$11.1
2023Detailed filing. Detailed filing data is available for this year.$50.0$50.0$70.4$62.8$7.51
2022Detailed filing. Detailed filing data is available for this year.$42.5$42.5$62.3$53.2$9.10
2021Detailed filing. Detailed filing data is available for this year.$33.4$33.4$43.9$33.6$10.3
2020Detailed filing. Detailed filing data is available for this year.$23.1$23.1$1.63$18.8$17.2
2019Detailed filing. Detailed filing data is available for this year.$40.3$40.3$72.0$75.2$3.13
2018Detailed filing. Detailed filing data is available for this year.$43.4$43.4$72.3$75.3$2.97