Para Rowing Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-1560138

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 02, 2021

Organization Profile www.pararowingfoundation.org

71 Monmouth StreetBrookline, MA 02446

(215) 370-1041

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

-13%

Higher net margin than 26% of similar nonprofits.

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

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

-31%

Faster asset growth than 14% of similar nonprofits.

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

0.7%

Faster revenue growth than 65% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$8,938

Down $4,004 (-31%) from 2019

Net Assets

Down

$8,938

Down $4,004 (-31%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin26th percentile

Revenue

$30,119

Up $217 (+0.7%) from 2019

Expenses

$34,123

Up $17,163 (+101%) from 2019

Net Income

Down

-$4,004

Down $16,946 (-131%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

Highlighted filing

2020

Assets$8,938

Liabilities$0

Net Assets$8,938

Open 2020 Filing

Operations Trend

Revenue Growth65th percentile

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

Highlighted filing

2020

Revenue$30,119

Expenses$34,123

Net Income-$4,004

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Sep 1, 2019 to Aug 31, 2020
Signed: Jul 2, 2021
Return Version: 2019v5.1
Gross Receipts: $30,119

Mission and Program Overview

Mission

Para Foundation's sole mission is to facilitate a path to competition for athletes with disabilities by removing barriers to participation for para rowers.

See Schedule O

Program Services

Description	Grants	Expenses
Para Rowing Foundation created the first ever international para rowing training that fully supported athletes financially, with para focused training, equipment and accessibel tra	-	$31,238

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Marilyn Koblan	President	-	$0	-	-
Abigail Gregory	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Para Rowing Foundation Inc
EIN: 83-1560138
Address: 71 Monmouth Street, Brookline, MA 02446

Signing Officer

Name: Marilyn Koblan
Title: President
Phone: 2153701041
Signed: 2021-07-02
Discuss with paid preparer: No

Preparer

Firm: Pozerski Hatch & Company PC
Address: 190 Old Derby St Suite 201, Hingham, MA 02043
Preparer: Michelle Hatch
Phone: 7814801430

Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 1,711Registration fees 11,855Travel expense 9,795Boatman supplies 1,497Marketing 2,815Supplies 998Website 254Filing fees 35Meals 287”

Description of other assets Part II line 24

“Category Beginning of Year End of YearEquipment 8,126 6,415Receivable 0 300”

Part III response or note to any other line in Part III

“Form 990-EZ, Part III - Organizations Primary Exempt Purpose:Para Rowing Foundations sole mission is to facilitate a path to competition for athletes with disabilities by removing barriers to participation for para rowers. Form 990-EZ, Part III, Line 28 - Statement of Program Service Accomplishments (Cont.)accessible transportation and lodging. This was possible through working relationships established with a passionate group of para experienced coaches, physical therapists, volunteers, and engineers to run trainings. Also collaborated with rowing community organizations to increase awareness of and opportunities for the para rowing community.”

Part V response or note to any other line in Part V

“Form 990-EZ, Part V - Regarding Transfers Associated with Personal Benefit Contracts(a) Did the organization, during the year, receivd any funds, directly or indirectly, to pay premiums on a personal beneift contracts ......No(b) Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract.....No”

Raw XML Appendix139 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/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	71 Monmouth Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Brookline
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	02446
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	4816
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IRS990EZ/ExcessOrDeficitForYearAmt	0	-4004
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2900
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
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IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	12942
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	8938
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	12942
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	8938
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Marilyn Koblan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	Abigail Gregory
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Treasurer
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	8126
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	6715
IRS990EZ/OtherExpensesTotalAmt	0	29247
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt	0	1976
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	31238
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	34123
IRS990EZ/TotalProgramServiceExpensesAmt	0	31238
IRS990EZ/TotalRevenueAmt	0	30119
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	www.pararowingfoundation.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt	0	14303
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt	0	6000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	20303
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	30119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	29902
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	60021
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportTotal509Amt	0	39718
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt	0	14303
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt	0	6000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	20303
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	30119
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	29902
IRS990ScheduleA/Total509Grp/TotalAmt	0	60021
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	30119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	29902
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	60021
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountDepreciation from 4562 1,711Registration fees 11,855Travel expense 9,795Boatman supplies 1,497Marketing 2,815Supplies 998Website 254Filing fees 35Meals 287
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Category Beginning of Year End of YearEquipment 8,126 6,415Receivable 0 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Form 990-EZ, Part III - Organizations Primary Exempt Purpose:Para Rowing Foundations sole mission is to facilitate a path to competition for athletes with disabilities by removing barriers to participation for para rowers. Form 990-EZ, Part III, Line 28 - Statement of Program Service Accomplishments (Cont.)accessible transportation and lodging. This was possible through working relationships established with a passionate group of para experienced coaches, physical therapists, volunteers, and engineers to run trainings. Also collaborated with rowing community organizations to increase awareness of and opportunities for the para rowing community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Form 990-EZ, Part V - Regarding Transfers Associated with Personal Benefit Contracts(a) Did the organization, during the year, receivd any funds, directly or indirectly, to pay premiums on a personal beneift contracts ......No(b) Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract.....No
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Part V response or note to any other line in Part V
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Marilyn Koblan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2153701041
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	Para Rowing Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt	0	PARA
ReturnHeader/Filer/EIN	0	831560138
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	71 Monmouth Street
ReturnHeader/Filer/USAddress/CityNm	0	Brookline
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02446
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	823736106
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Pozerski Hatch & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	190 Old Derby St Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Hingham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	02043
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7814801430
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Michelle Hatch
ReturnHeader/ReturnTs	0	2021-07-02T21:59:08-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-09-01
ReturnHeader/TaxPeriodEndDt	0	2020-08-31
ReturnHeader/TaxYr	0	2019

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: $8,938
Liabilities: $0
Net assets: $8,938
Revenue: $30,119
Expenses: $34,123
Net income: -$4,004

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$4.47	$3.79	$0.69	$25.7	$88.7	$63.0
2024Detailed filing. Detailed filing data is available for this year.	$63.7	$0.00	$63.7	$86.5	$79.1	$7.36
2023Detailed filing. Detailed filing data is available for this year.	$56.3	$0.00	$56.3	$78.5	$66.3	$12.2
2022Detailed filing. Detailed filing data is available for this year.	$44.1	$0.00	$44.1	$50.5	$26.5	$24.0
2021Detailed filing. Detailed filing data is available for this year.	$20.1	$0.00	$20.1	$37.1	$25.9	$11.2
2020Detailed filing. Detailed filing data is available for this year.	$8.94	$0.00	$8.94	$30.1	$34.1	$4.00
2019Detailed filing. Detailed filing data is available for this year.	$12.9	$0.00	$12.9	$29.9	$17.0	$12.9