Civic Intelligence

Long Beach Rowing Association

990EZ • Fiscal year 2017 • EIN 95-2658518

Oct 01, 2016 to Sep 30, 2017 • Filed on Aug 07, 2018

PO Box 3879Long Beach, CA 90803

(562) 438-3352

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

29th percentile

-5.7%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

89th percentile

$12,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

38th percentile

-3.1%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-32%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$307,084

Down $9,966 (-3.1%) from 2016

Net Assets

Down

$306,568

Down $9,966 (-3.1%) from 2016

Liabilities

Flat

$516

Flat from 2016

Revenue

Down

$164,522

Down $77,346 (-32%) from 2016

Expenses

Down

$173,831

Down $21,981 (-11%) from 2016

Net Income

Down

-$9,309

Down $55,365 (-120%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $338,406Liabilities 2010: $88,816Net Assets 2010: $249,5902010Assets 2011: $338,479Liabilities 2011: $71,270Net Assets 2011: $267,2092011Assets 2012: $296,057Liabilities 2012: $02012Assets 2013: $311,226Liabilities 2013: $02013Assets 2014: $273,320Liabilities 2014: $516Net Assets 2014: $272,8042014Assets 2016: $317,050Liabilities 2016: $516Net Assets 2016: $316,5342016Assets 2017: $307,084Liabilities 2017: $516Net Assets 2017: $306,5682017Assets 2018: $282,883Liabilities 2018: $7412018Assets 2019: $241,639Liabilities 2019: $2,332Net Assets 2019: $239,3072019Assets 2020: $306,728Liabilities 2020: $2,055Net Assets 2020: $304,6732020Assets 2021: $296,365Liabilities 2021: $4,740Net Assets 2021: $291,6252021Assets 2022: $302,740Liabilities 2022: $1,174Net Assets 2022: $301,5662022Assets 2023: $311,229Liabilities 2023: $0Net Assets 2023: $311,2292023Assets 2024: $287,400Liabilities 2024: $0Net Assets 2024: $287,4002024

Highlighted filing

2017

Assets$307,084
Liabilities$516
Net Assets$306,568

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $154,355Expenses 2010: $137,245Net Income 2010: $17,1102010Revenue 2011: $148,087Expenses 2011: $130,468Net Income 2011: $17,6192011Revenue 2012: $160,513Expenses 2012: $131,665Net Income 2012: $28,8482012Revenue 2013: $184,786Expenses 2013: $169,617Net Income 2013: $15,1692013Revenue 2014: $167,222Expenses 2014: $206,471Net Income 2014: -$39,2492014Revenue 2016: $241,868Expenses 2016: $195,812Net Income 2016: $46,0562016Revenue 2017: $164,522Expenses 2017: $173,831Net Income 2017: -$9,3092017Revenue 2018: $160,950Expenses 2018: $184,680Net Income 2018: -$23,7302018Revenue 2019: $250,889Expenses 2019: $293,724Net Income 2019: -$42,8352019Revenue 2020: $222,109Expenses 2020: $156,743Net Income 2020: $65,3662020Revenue 2021: $153,204Expenses 2021: $168,434Net Income 2021: -$15,2302021Revenue 2022: $211,639Expenses 2022: $201,698Net Income 2022: $9,9412022Revenue 2023: $231,108Expenses 2023: $221,445Net Income 2023: $9,6632023Revenue 2024: $226,871Expenses 2024: $250,700Net Income 2024: -$23,8292024

Highlighted filing

2017

Revenue$164,522
Expenses$173,831
Net Income-$9,309
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Aug 7, 2018
Return Version
2016v3.1
Gross Receipts
$174,851
Mission and Program Overview

Mission

Organization dedicated to the education, coaching, and training in rowing for all ages.

Program Services

DescriptionGrantsExpenses
TO ENCOURAGE THE SPORT OF ROWING IN SOUTHERN CALIFORNIA THROUGH THE PARTICIPATION, DEVELOPMENT, COMPETITION OF ITS MEMBERS WITH EVENTS AND PROGRAMS THAT PROMOTE HEALTH, ACTIVE LIFESTYLES & SENSE OF COMMUNITY. DEVELOP AND PREPARE ATHLETES FOR NATIONAL & INTERNATIONAL COMPETITION AT THE UNDER-23 AND SENIOR LEVELS. USROWING, THE SPORT'S NATIONAL GOVERNING BODY HAS NAMED LBRA AS A USROWING TRAINING CENTER PARTNER AS OF FEBRUARY 2011. CURRENTLY THERE ARE NINE NATIONAL & OLYMPIC HOPEFUL ATHLETES TRAINING HERE, AT ABOUT 20 HOURS PER WEEK EACH.-$87,701
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Boat Captain-$12,000-$12,000
VERONICA WEGENERTreasurer-$4,000-$4,000
ROBERT GLIDDENPresident-$0--
JOHN NUNNVice Preside-$0--
ANDREA PARSONSSecretary-$0--
SANDER ZAGZEBSKIMember At La-$0--
BILL ELDONMember At La-$0--
MICHELLE MOWERYMember At La-$0--
JOHN VAN BLOMMember At La-$0--
Filing and Contact Details

Filer

Filer Name
Long Beach Rowing Association
EIN
95-2658518
Phone
5624383352
Address
PO BOX 3879, LONG BEACH, CA 90803

Signing Officer

Name
Veronica Wegener
Title
Treasurer
Phone
5624383352
Signed
2018-08-07
Discuss with paid preparer
Yes

Preparer

Firm
Cynthia Day-elliott CPA
Address
1510 E 33RD ST, SIGNAL HILL, CA 90755-5235
Preparer
Cynthia Day-elliott CPA
Phone
5624279663
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Filming revenue 5,500 total 5,500

Form 990-ez, Part I, Line 16

Expenses liability -d & o 380 hull protection 14,230 regatta insurance 2,725 advertsing & promotion 572 boat captain tools 433 boat parts 12,181 boat repairs 2,960 business reg fess 408 equipment maintenance 415 equipment maintenace-gene 750 launch expense-fuel 770 launch repairs 554 office expenses 1,145 po box rental 143 regatta expense 8,335 supplies 1,553 sales tax 8,535 telephone 1,627 bank & paypal fees 603 trailer repairs 1,651 board training 89 erg maintenance 307 holiday social 2,101 misc fee 26 learn to row costs 1,292 wbesite 136 rounding 1 non-investment depreciation 44,921 total 108,843

Form 990-ez, Part I, Line 20

Form 990-t tax (2015 tax year) -657

Form 990-ez, Part II, Line 24

Due from city of long beach 0 17,366 leasehold improvements 148,816 148,816 less accumulated depreciation 90,278 99,612 equipment, furniture & fixtures 503,543 532,068 less accumulated depreciation 310,127 351,936 rounding 1 0 total 251,955 246,702

Form 990-ez, Part II, Line 26

Elite rowing fund 516 516

Form 990-ez, Part III

Organization dedicated to the education, coaching, and training in rowing for all ages.

Form 990-ez, Part III, Line 28

To encourage the sport of rowing in southern california through the participation, development, competition of its members with events and programs that promote health, active lifestyles & sense of community. Develop and prepare athletes for national & international competition at the under-23 and senior levels. Usrowing, the sport's national governing body has named lbra as a usrowing training center partner as of february 2011. Currently there are nine national & olympic hopeful athletes training here, at about 20 hours per week each.

Raw XML Appendix198 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FILMING REVENUE 5,500 TOTAL 5,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES LIABILITY -D & O 380 HULL PROTECTION 14,230 REGATTA INSURANCE 2,725 ADVERTSING & PROMOTION 572 BOAT CAPTAIN TOOLS 433 BOAT PARTS 12,181 BOAT REPAIRS 2,960 BUSINESS REG FESS 408 EQUIPMENT MAINTENANCE 415 EQUIPMENT MAINTENACE-GENE 750 LAUNCH EXPENSE-FUEL 770 LAUNCH REPAIRS 554 OFFICE EXPENSES 1,145 PO BOX RENTAL 143 REGATTA EXPENSE 8,335 SUPPLIES 1,553 SALES TAX 8,535 TELEPHONE 1,627 BANK & PAYPAL FEES 603 TRAILER REPAIRS 1,651 BOARD TRAINING 89 ERG MAINTENANCE 307 HOLIDAY SOCIAL 2,101 MISC FEE 26 LEARN TO ROW COSTS 1,292 WBESITE 136 ROUNDING 1 NON-INVESTMENT DEPRECIATION 44,921 TOTAL 108,843
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990-T TAX (2015 TAX YEAR) -657
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUE FROM CITY OF LONG BEACH 0 17,366 LEASEHOLD IMPROVEMENTS 148,816 148,816 LESS ACCUMULATED DEPRECIATION 90,278 99,612 EQUIPMENT, FURNITURE & FIXTURES 503,543 532,068 LESS ACCUMULATED DEPRECIATION 310,127 351,936 ROUNDING 1 0 TOTAL 251,955 246,702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ELITE ROWING FUND 516 516
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION DEDICATED TO THE EDUCATION, COACHING, AND TRAINING IN ROWING FOR ALL AGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TO ENCOURAGE THE SPORT OF ROWING IN SOUTHERN CALIFORNIA THROUGH THE PARTICIPATION, DEVELOPMENT, COMPETITION OF ITS MEMBERS WITH EVENTS AND PROGRAMS THAT PROMOTE HEALTH, ACTIVE LIFESTYLES & SENSE OF COMMUNITY. DEVELOP AND PREPARE ATHLETES FOR NATIONAL & INTERNATIONAL COMPETITION AT THE UNDER-23 AND SENIOR LEVELS. USROWING, THE SPORT'S NATIONAL GOVERNING BODY HAS NAMED LBRA AS A USROWING TRAINING CENTER PARTNER AS OF FEBRUARY 2011. CURRENTLY THERE ARE NINE NATIONAL & OLYMPIC HOPEFUL ATHLETES TRAINING HERE, AT ABOUT 20 HOURS PER WEEK EACH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0VERONICA WEGENER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05624383352
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LONG BEACH ROWING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LONG
ReturnHeader/Filer/EIN0952658518
ReturnHeader/Filer/PhoneNum05624383352
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3879
ReturnHeader/Filer/USAddress/CityNm0LONG BEACH
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953833441
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CYNTHIA DAY-ELLIOTT CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01510 E 33RD ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIGNAL HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0907555235
ReturnHeader/PreparerPersonGrp/PhoneNum05624279663
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CYNTHIA DAY-ELLIOTT CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-08-08T09:36:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.00$2.87$2.27$2.51$0.24
2023Summary only. Only limited summary data is available for this year.$3.11$0.00$3.11$2.31$2.21$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.01$3.02$2.12$2.02$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.05$2.92$1.53$1.68$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.02$3.05$2.22$1.57$0.65
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.02$2.39$2.51$2.94$0.43
2018Summary only. Only limited summary data is available for this year.$2.83$0.01$1.61$1.85$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.07$0.01$3.07$1.65$1.74$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.17$0.01$3.17$2.42$1.96$0.46
2014Detailed filing. Detailed filing data is available for this year.$2.73$0.01$2.73$1.67$2.06$0.39
2013Summary only. Only limited summary data is available for this year.$3.11$0.00$1.85$1.70$0.15
2012Summary only. Only limited summary data is available for this year.$2.96$0.00$1.61$1.32$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.71$2.67$1.48$1.30$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.89$2.50$1.54$1.37$0.17
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits