Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2005.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
5 people listed on the 990.
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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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Encourages rowing and builds community among members.
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Promote the sport of rowing at the recreational and competitive level. Volunteer at local rowing competitions as organizers and referees.
Maintenance of the boathouse and all the equipment within the boathouse. Located on kelly drive along boathouse row in philadelpha, pa.
Introduce the sport of rowing to high school aged athletes through a summer "juniors" program.
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By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $105K | $201K |
| InvestmentsLn 11–13 | $433K | $465K |
| Land, buildings, equipmentLn 10c | $85K | $100K |
| Total assetsLn 16 | $622K | $767K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $622K | $767K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Accounting feesLn 11c | $840 | |||
| Office expensesLn 13 | $756 | |||
| Depreciation, depletion and amortizationLn 22 | $17K | |||
| InsuranceLn 23 | $25K | |||
| Other expenses (24a–d)Ln 24 | $62K | |||
| All other expensesLn 24e | $31K | |||
| Total functional expensesLn 25 | $137K | $0 | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $329K | $211K | $118K | $908K | 990 PDF |
| FY2024 Viewing | $258K | $137K | $121K | $767K | 990 PDF |
| FY2023 | $216K | $222K | −$6K | $622K | 990 PDF |
| FY2022 | $184K | $122K | $62K | $603K | 990 PDF |
| FY2021 | $195K | $108K | $87K | $594K | 990 PDF |
| FY2020 | $136K | $203K | −$67K | $493K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $258,011 across 6 lines filed
Part IX · Statement of functional expenses $137,376 across 6 lines filed
Part X · Balance sheet $766,782 assets, 8 lines filed
Part XI · Reconciliation of net assets $766,782 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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