Civic Intelligence

The Textile River Regatta Inc

990EZ • Fiscal year 2020 • EIN 83-0708799

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 04, 2021

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

2nd percentile

-1050%

Higher net margin than 2% 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

10th percentile

-43%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

3rd percentile

-98%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$23,137

Down $17,160 (-43%) from 2019

Net Assets

Down

$23,137

Down $17,160 (-43%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$1,634

Down $70,401 (-98%) from 2019

Expenses

Down

$18,794

Down $56,369 (-75%) from 2019

Net Income

Down

-$17,160

Down $14,032 (-449%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th 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

2020

Assets$23,137
Liabilities-
Net Assets$23,137
Open 2020 Filing

Operations Trend

Revenue Growth3rd 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

2020

Revenue$1,634
Expenses$18,794
Net Income-$17,160
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$1,634
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.$2,876-
Compensation and Service Providers
Top Officer Pay76th 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
Signed
2021-11-04
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: $6000”

Other Expenses.1

“REGATTA EXPENSE $1200”

Other Expenses.2

“METALS $741”

Other Expenses.3

“DOCKS $500”

Other Expenses.5

“MISCELLANEOUS $220”

Other Expenses.6

“REGATTA FEES $215”

Raw XML Appendix159 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/BOYAmt040297
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IRS990EZ/ExcessOrDeficitForYearAmt0-17160
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt014000
IRS990EZ/GrossReceiptsAmt01634
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040297
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN SCAMMELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN BALLANTINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CARL POPOLO
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/OtherExpensesTotalAmt02876
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/PrintingPublicationsPostageAmt0288
IRS990EZ/ProgramServiceRevenueAmt01634
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FOSTER NATIONAL AND INTERNATONAL SPORTS COMPETITION IN ROWING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02876
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/TotalExpensesAmt018794
IRS990EZ/TotalProgramServiceExpensesAmt02876
IRS990EZ/TotalRevenueAmt01634
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.textileriverregatta.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06388
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06631
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt071792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt065894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0139320
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0145951
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01634
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt072035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt072282
IRS990ScheduleA/Total509Grp/TotalAmt0145951
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01634
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt072035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt072282
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0145951
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: $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGATTA EXPENSE $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2METALS $741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCKS $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISCELLANEOUS $220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REGATTA FEES $215
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN SCAMMELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
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/ReturnTs02021-11-04T09:34:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCAMMELL
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
$23,137
Liabilities
-
Net assets
$23,137
Revenue
$1,634
Expenses
$18,794
Net income
-$17,160
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