Liabilities / Assets
73rd percentile
Higher debt load relative to assets than 73% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$100,901
Down $4,395 (-4.2%) from 2022
Net Assets
Down$100,144
Down $5,062 (-4.8%) from 2022
Liabilities
Up$757
Up $667 (+741%) from 2022
Revenue And Expenses
Revenue
Down$54,264
Down $11,056 (-17%) from 2022
Expenses
Up$59,326
Up $7,551 (+15%) from 2022
Net Income
Down-$5,062
Down $18,607 (-137%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 6, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $57,591
Mission and Program Overview
Mission
Promote and support the sport of rowing for both master and adaptive athletes.
Promote and support the sport of rowing for master athletes (26-80+years old) in the Triangle region (N.C.)
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Support and promote the sport of rowing for Master rowers (ie CHaOS Program) in the Raleigh Triangle are (N.C.). Athletes compete nationally and internationally and, all athletes, approximately 50+, practice on a weekly basis. | $1,500 | $59,326 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Timothy Bulkowski MD | Chairman | PT | $0 | - | - |
| Richard E Smith PhD | Treasurer | - | $0 | - | - |
| Elizabeth Hogan | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Rownc
- EIN
- 85-0530661
- Phone
- 9194038779
- Address
- PO Box 51564, Durham, NC 27707
Signing Officer
- Name
- Richard Smith
- Title
- Treasurer
- Phone
- 9194038779
- Signed
- 2024-05-06
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Description;Amount^Adaptive Rowing Refund and Closing Expenses;11333|Insurance;7105|Office Supplies;953|Taxes and Licenses;50|Reimbursed expenses;36|US Rowing Membership;500|Depreciation on Equipment;26931^Total;46908^”
Form 990-EZ, Part II, Line 24
“Year over year change driven by the addition of a boat (single, $11750, donated to club), Trade in / upgrade existing single ($5750), offset by equipment depreciation ($26931)”
Form 990-EZ, Part II, Line 26
“$757 remained on credit card at year end”
Form 990-EZ, Part III, Line (28-31)
“Total Expenses include $11,333 related to past expenses incurred (refunded) and the closure of the RowNC Adaptive rowing program in 2023. Remaining expenses are related to RowNC's masters rowing program (aka CHaOS)”
Raw XML Appendix158 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Richard E Smith PhD |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9194038779 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box 51564 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Durham |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27707 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 35138 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 40005 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 27325 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -5062 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 480 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 105296 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 100901 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 1555 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 57591 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 27301 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 105206 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 100144 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 105206 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 100144 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 11938 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 6 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Timothy Bulkowski MD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Richard E Smith PhD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Elizabeth Hogan |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 70158 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 60896 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 46908 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Promote and support the sport of rowing for master athletes (26-80+years old) in the Triangle region (N.C.) |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 0 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 1410 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Support and promote the sport of rowing for Master rowers (ie CHaOS Program) in the Raleigh Triangle are (N.C.). Athletes compete nationally and internationally and, all athletes, approximately 50+, practice on a weekly basis. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 1500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 59326 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 3327 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -1772 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 90 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 757 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 59326 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 59326 |
| IRS990EZ/TotalRevenueAmt | 0 | 54264 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.rownc.org |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 54264 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65319 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44423 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 120510 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 284516 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 284516 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 54264 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 65319 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 44423 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 120510 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 284516 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 284516 |
| 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;Amount^Adaptive Rowing Refund and Closing Expenses;11333|Insurance;7105|Office Supplies;953|Taxes and Licenses;50|Reimbursed expenses;36|US Rowing Membership;500|Depreciation on Equipment;26931^Total;46908^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Year over year change driven by the addition of a boat (single, $11750, donated to club), Trade in / upgrade existing single ($5750), offset by equipment depreciation ($26931) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | $757 remained on credit card at year end |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Total Expenses include $11,333 related to past expenses incurred (refunded) and the closure of the RowNC Adaptive rowing program in 2023. Remaining expenses are related to RowNC's masters rowing program (aka CHaOS) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part III, Line (28-31) |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Richard Smith |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9194038779 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ROWNC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ROWN |
| ReturnHeader/Filer/EIN | 0 | 850530661 |
| ReturnHeader/Filer/PhoneNum | 0 | 9194038779 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 51564 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Durham |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27707 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-05-06T08:11:03-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Richard |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Smith |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $100,901
- Liabilities
- $757
- Net assets
- $100,144
- Revenue
- $54,264
- Expenses
- $59,326
- Net income
- -$5,062