Greater Lawrence Community Boating Program INC FY2019 filing

Tax-deductible

Lawrence, MA501(c)(3)EIN 04-2671824Revenue $505K in FY2019

On file with the IRSboatingprogram.com1 Eaton Street, 01843-0000 · Lawrence, MATax-exempt since Sep 1981Publicly supported charity — 170(b)(1)(A)(vi)

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To teach safe, responsible Boating and environmental awareness in which youth and adults can learn to sail, row and enjoy water activities on the merrimack river in Lawrence, massachusetts.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$74K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $12K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$74K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $38K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$50K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
37
of 37 voting members
Looks good: 37 of 37 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$505K
Spent
$555K
To programs
79%
Net assets
$300K
By yearFY2019–FY2024
Revenue
$505K
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$505K
FY2020$481K
FY2021$627K
FY2022$579K
FY2023$452K
FY2024$617K
Expenses
$555K
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$555K
FY2020$519K
FY2021$558K
FY2022$560K
FY2023$559K
FY2024$583K
Net assets
$300K
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$300K
FY2020$263K
FY2021$331K
FY2022$350K
FY2023$243K
FY2024$278K

From the FY2019 Form 990 (year ending October 2019) · see the original

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You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $437K Management & general 21% · $118K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2018); the FY2019 filing did not itemize Part VII
Executive Direc
$74,231Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Richard P Koehler JR$79,146$78,201$75,705$73,839$76,327$74,231

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Greater Lawrence Community Boating Program INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches sailing, rowing, and safe water activities while promoting environmental awareness.

Provided by the organization

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1 program · $437K · in their own filed words · FY2018
01

Community boating activities and safety courses; instructional sailing, boating, rowing, etc.

$437Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$38K

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$505K
Ln 12
Fees for servicesLn 2g$266K
Gifts and grantsLn 1h$208K
Other incomeLn 4–11$31K
Money outPt IX
$555K
Ln 25
Programscol B$437K
Managementcol C$118K
Owns and owesPt X
$300K
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$350K
LiabilitiesLn 26$50K
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a37
IndependentVI 1b37
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$208K
Government grantsLn 1e$18K
Noncash giftsLn 1g$25K
Fees for servicesLn 2g$266K
Investment incomeLn 3$98
Other incomeLn 4–11$31K
Gains on assetsLn 7$0
Total revenueLn 12$505K
Assets in detailPt X, end of year
CashLn 1$72K
SavingsLn 2$77K
Cash and savings togetherLn 1–2$150K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$159K
Other assetsLn 15$1
Total assetsLn 16$350K
LiabilitiesLn 26$50K
Net assetsLn 32$300K
OperationsPt I, VI
EmployeesI 531
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$225K$150K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$137K$159K
Total assetsLn 16$413K$350K
LiabilitiesLn 26$63K$50K
Net assetsLn 32$350K$300K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$74K$74K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$156K$156K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$18K$12K$6K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$8K$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$0
Office expensesLn 13$13K$9K$3K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$8K$8K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$999$999
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$52K$52K
InsuranceLn 23$23K$10K$13K
Other expenses (24a–d)Ln 24$186K$186K
All other expensesLn 24e$10K$5K$5K
Total functional expensesLn 25$555K$437K$118K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $617K$583K$35K$278K 990 PDF
FY2023 $452K$559K−$107K$243K 990 PDF
FY2022 $579K$560K$19K$350K 990 PDF
FY2021 $627K$558K$68K$331K 990 PDF
FY2020 $481K$519K−$38K$263K 990 PDF
FY2019 Viewing $505K$555K−$50K$300K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $504,935 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $201,417$208,032
I-9 Program service revenuePrior year $329,435$266,271
I-10 Investment incomePrior year $103$98
I-11 Other revenuePrior year $15,588$30,534
I-12 Total revenuePrior year $546,543$504,935
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $247,698$247,582
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $249,397$307,385
I-18 Total expensesPrior year $497,095$554,967
I-19 Revenue less expensesPrior year $49,448−$50,032
Part VI · Governance 37 of 37 board members independent, 5 to look at
VI-1a Voting members of the governing body37
VI-1b Independent voting members37
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $504,935 across 11 lines filed
VIII-1e Government grants$17,500
VIII-1f All other contributions, gifts and grants$190,532
VIII-1g Noncash contributions (included above)$24,881
VIII-1h Total contributions, gifts and grants$208,032
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $266,271$266,271
VIII-3 Investment incomeRelated to mission $98$98
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$30,534
VIII-12 Total revenueRelated to mission $266,369$504,935
Part IX · Statement of functional expenses $554,967 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $74,231$74,231
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $155,613$155,613
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $12,009 · Management $5,729$17,738
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,350$8,350
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $6,291$6,291
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $9,478 · Management $3,330$12,808
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $7,500$7,500
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $999$999
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $52,150$52,150
IX-23 InsurancePrograms $9,729 · Management $13,435$23,164
IX-24 Other expenses (24a–d)Programs $186,045$186,045
IX-24e All other expensesPrograms $4,805 · Management $5,273$10,078
IX-25 Total functional expensesPrograms $437,329 · Management $117,638 · Fundraising $0$554,967
Part X · Balance sheet $350,438 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $147,614$72,333
X-2 Savings and temporary cash investmentsStart of year $77,210$77,406
X-3 Pledges and grants receivableStart of year $30,000$17,500
X-4 Accounts receivableStart of year $9,494$11,192
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $12,425$12,778
X-10c Land, buildings and equipment, netStart of year $136,732$159,228
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1
X-16 Total assetsStart of year $413,475$350,438
X-17 Accounts payable and accrued expensesStart of year $21,696$42,659
X-26 Total liabilitiesStart of year $63,012$50,007
X-32 Total net assets or fund balancesStart of year $350,463$300,431
X-33 Total liabilities and net assetsStart of year $413,475$350,438
Part XI · Reconciliation of net assets $300,431 net assets at year end
XI-1 Total revenue$504,935
XI-2 Total expenses$554,967
XI-3 Revenue less expenses−$50,032
XI-4 Net assets at start of year$350,463
XI-10 Net assets at end of year$300,431

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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