Civic Intelligence

Olympia Area Rowing Association

EIN 91-1939589 • 501(c)3 • Olympia, WA

Profile

The purpose of the Olympia Area Rowing Association is to promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a community facility that is devoted to these sports.

PO Box 7148Olympia, WA 98507-7148

olympiaarearowing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.24x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-7.5%

Higher net margin than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

-0.4%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

4.1%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$428,335

Down $1,685 (-0.4%) from 2023

Liabilities

Up

$72,215

Up $20,923 (+41%) from 2023

Net Assets

Down

$356,120

Down $22,608 (-6.0%) from 2023

Revenue

Up

$300,644

Up $11,775 (+4.1%) from 2023

Expenses

Down

$323,252

Down $18,702 (-5.5%) from 2023

Net Income

Up

-$22,608

Up $30,477 (+57%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $453,144Liabilities 2011: $108,9722011Assets 2012: $468,945Liabilities 2012: $102,5402012Assets 2013: $373,910Liabilities 2013: $98,4542013Assets 2014: $405,673Liabilities 2014: $91,101Net Assets 2014: $314,5722014Assets 2015: $436,802Liabilities 2015: $85,773Net Assets 2015: $351,0292015Assets 2016: $472,214Liabilities 2016: $82,205Net Assets 2016: $390,0092016Assets 2017: $457,517Liabilities 2017: $75,750Net Assets 2017: $381,7672017Assets 2018: $494,891Liabilities 2018: $91,150Net Assets 2018: $403,7412018Assets 2019: $520,434Liabilities 2019: $79,192Net Assets 2019: $441,2422019Assets 2020: $530,876Liabilities 2020: $90,394Net Assets 2020: $440,4822020Assets 2021: $553,225Liabilities 2021: $76,780Net Assets 2021: $476,4452021Assets 2022: $495,970Liabilities 2022: $64,157Net Assets 2022: $431,8132022Assets 2023: $430,020Liabilities 2023: $51,292Net Assets 2023: $378,7282023Assets 2024: $428,335Liabilities 2024: $72,215Net Assets 2024: $356,1202024

Highlighted filing

2024

Assets$428,335
Liabilities$72,215
Net Assets$356,120

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $114,229Expenses 2011: $112,726Net Income 2011: $1,5032011Revenue 2012: $149,763Expenses 2012: $126,918Net Income 2012: $22,8452012Revenue 2013: $152,701Expenses 2013: $170,500Net Income 2013: -$17,7992013Revenue 2014: $224,020Expenses 2014: $184,904Net Income 2014: $39,1162014Revenue 2015: $248,773Expenses 2015: $212,315Net Income 2015: $36,4582015Revenue 2016: $257,065Expenses 2016: $218,922Net Income 2016: $38,1432016Revenue 2017: $216,784Expenses 2017: $224,443Net Income 2017: -$7,6592017Revenue 2018: $303,697Expenses 2018: $281,723Net Income 2018: $21,9742018Revenue 2019: $342,585Expenses 2019: $305,038Net Income 2019: $37,5472019Revenue 2020: $209,174Expenses 2020: $209,927Net Income 2020: -$7532020Revenue 2021: $268,283Expenses 2021: $233,546Net Income 2021: $34,7372021Revenue 2022: $242,984Expenses 2022: $287,616Net Income 2022: -$44,6322022Revenue 2023: $288,869Expenses 2023: $341,954Net Income 2023: -$53,0852023Revenue 2024: $300,644Expenses 2024: $323,252Net Income 2024: -$22,6082024

Highlighted filing

2024

Revenue$300,644
Expenses$323,252
Net Income-$22,608

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.72$3.56$3.01$3.23$0.23
2023Summary only. Only limited summary data is available for this year.$4.30$0.51$3.79$2.89$3.42$0.53
2022Summary only. Only limited summary data is available for this year.$4.96$0.64$4.32$2.43$2.88$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.53$0.77$4.76$2.68$2.34$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.31$0.90$4.40$2.09$2.10$0.01
2019Summary only. Only limited summary data is available for this year.$5.20$0.79$4.41$3.43$3.05$0.38
2018Summary only. Only limited summary data is available for this year.$4.95$0.91$4.04$3.04$2.82$0.22
2017Summary only. Only limited summary data is available for this year.$4.58$0.76$3.82$2.17$2.24$0.08
2016Summary only. Only limited summary data is available for this year.$4.72$0.82$3.90$2.57$2.19$0.38
2015Summary only. Only limited summary data is available for this year.$4.37$0.86$3.51$2.49$2.12$0.36
2014Summary only. Only limited summary data is available for this year.$4.06$0.91$3.15$2.24$1.85$0.39
2013Summary only. Only limited summary data is available for this year.$3.74$0.98$1.53$1.71$0.18
2012Summary only. Only limited summary data is available for this year.$4.69$1.03$1.50$1.27$0.23
2011Summary only. Only limited summary data is available for this year.$4.53$1.09$1.14$1.13$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 13, 2025
Return Version
2024v5.0
Gross Receipts
$300,644
Mission and Program Overview

Mission

The purpose of the Olympia Area Rowing Association is to promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a community facility that is devoted to these sports.

To promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a community facility that is devoted to these sports.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$378,728$356,120▼ $22,608
Land, Buildings, and Equipment, Net$310,241$313,292▲ $3,051
Savings and Temporary Cash Investments$119,779$113,293▼ $6,486
Prepaid Expenses and Deferred Charges$0$1,750▲ $1,750
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Investments in Publicly Traded Securities$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0--
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$430,020$428,335▼ $1,685
Other Assets Total$0--
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,745$62,240▲ $19,495
Accounts Payable and Accrued Expenses$8,547$9,975▲ $1,428
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$51,292$72,215▲ $20,923
Net Assets / Fund Balance
Total Net Assets Fund Balance$378,728$356,120▼ $22,608
Total Liabilities and Net Assets / Fund Balance$430,020$428,335▼ $1,685

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$116,706$318,550$435,256
Buildings$196,586$186,765$383,351
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alex SmithPresident
Steph KruppVice President
Brian DivelyAt Large Director
Helen KramerAt Large Director
Luci DimmickAt Large Director
Miles MichelettiAt Large Director
Kathryn ReithCaptain
Alyson PiskorowskiParent Representative
Jeromy JordingParent Representative
Liz DykstraSecretary
Nancy DrushellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,657
Program Service Revenue
$259,209
Investment Income
$2,778
Other Revenue
$0
All Other Contributions
$37,575
Change in Net Assets
$-22,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,502
Salaries, Compensation, and Employee Benefits$145,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,797$4,759$0$132,556
Depreciation Depletion$40,931--$40,931
Occupancy$39,470--$39,470
Payroll Taxes$12,246$948$0$13,194
All Other Expenses$9,614--$9,614
Other Expenses$9,545$0$0$9,545
Insurance$7,780--$7,780
Fees for Services Accounting$0$2,275$0$2,275
Advertising$1,201--$1,201
Interest$1,049--$1,049
Total Functional Expenses$313,198$10,054$0$323,252
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members elect the Board of Directors and Officers at the annual meeting in January.

Form 990, Part VI, Section B, Line 11B

A copy of the final form 990 was provided to all Board members for review, comment and questions. Following the review, the report was finalized and submitted.

Form 990, Part VI, Section C, Line 19

Our By-Laws and governing documents are published on line in our club management system(iCrew) for all members to access. We have not formally published financial statements, but make them available upon request and we distribute them monthly at our Board meetings.

Filing and Contact Details

Filer

Filer Name
Olympia Area Rowing Association
EIN
91-1939589
Phone
3609031630
Address
PO Box 7148, Olympia, WA 98507-7148
Doing Business As
Oar

Signing Officer

Name
Nancy Drushella
Title
Treasurer
Phone
3609031630
Signed
2025-09-13

Organization Details

Principal Officer
Nancy Drushella
Formed
1998
Legal Domicile
Wa
Voting Board Members
11
Independent Board Members
11
Employees
20
Volunteers
100
Raw XML AppendixShowing 400 of 586 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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IRS990/MissionDesc0The purpose of the Olympia Area Rowing Association is to promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a community facility that is devoted to these sports.
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IRS990/OtherExpensesGrp/Desc0Regatta expense
IRS990/OtherExpensesGrp/Desc1Equipment maintenance and repair
IRS990/OtherExpensesGrp/Desc2Bank service charges
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IRS990/OtherExpensesGrp/TotalAmt27737
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01750
IRS990/PrincipalOfficerNm0Nancy Drushella
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IRS990/ProgramServiceRevenueGrp/Desc0Adult Membership
IRS990/ProgramServiceRevenueGrp/Desc1Youth program fees
IRS990/ProgramServiceRevenueGrp/Desc2Adult program fees
IRS990/ProgramServiceRevenueGrp/Desc3Adult rowing classes
IRS990/ProgramServiceRevenueGrp/Desc4Leasing of boat storage space
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IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
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IRS990/ProgSrvcAccomActy2Grp/Desc0Developed and maintained water access (docks, ramps, and boat storage) for various categories of rowed boats; provided recreational rowing opportunities for approximately 80 adult members and 55 youth participants; provided water access and storage facilities for the City of Olympia Parks, Arts, and Recreation Department; provided water access (use of dock) to members of the general public who use kayaks, canoes, paddle boards, and other human-powered craft.
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0202257

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