Row4als Foundation EIN 38-4083007 Form 990 (PDF) Claim this org

Row4als Foundation FY2022 filing

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Supports ocean rowing teams raising awareness and funds for ALS. For fiscal year 2022 it reported $66K in revenue, $46K in expenses, and $-64K in net assets.Pt I

Type
Public charity (501(c)(3)) · Medical Research
Location
Salt Lake City, UT
Website
row4als.org
Filings
7 on file (2019–2022)
Revenue
$66KFY2022
Expenses
$46K
Net assets
$-64K
People
3
Filings
7
Updates
0
More identity details & actions ⌄
EIN  38-4083007 Public charity (501(c)(3)) Salt Lake City, UT
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Supports ocean rowing teams raising awareness and funds for ALS.
Leadership
Alan Alderman · Director
Money in and out
$66K revenue, $46K expenses
Bottom line
95% program efficiency
Where the money goes · FY2022
Total revenue
$66K
Pt VIII · Ln 12
Total expenses
$46K
Pt IX · Ln 25
Net assets
$-64K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $20K
Where spending went · Part IX cols B–D
Program services $0.95 Fundraising $0.05
Program efficiency
95%
of spending reaches programs
Operating runway
12.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$66K
FY2022▼ -3%
Expenses
$46K
FY2022▼ -48%
Total assets
$91K
FY2022▲ +28%
Total liabilities
$155K
FY20220%
Total revenue
$66K
Pt VIII · Ln 12
Total expenses
$46K
Pt IX · Ln 25
Net assets
$-64K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$20K
Total assetsPt X · Ln 16$91K
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRow4als Foundation
EINHdr · item D38-4083007
Principal addressHdr · item CSalt Lake City, UT
WebsiteHdr · item Jrow4als.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H12)
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $44K of program spending, described in the organization's own filed words · FY2022.
01

Various expenses for the purposes of bringing awareness and funding for als research.

$44Kprogram expense
02

To bring awareness and funding for als research, ROW4ALS row boat ocean race.

Pt IX · col B
03

Training, travel, and meal expenses for rowers.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$66K
Investment income$1
Total revenueLn 12$66K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Fundraising $0.05
Program services95%$44K
Fundraising5%$2K
Total functional expensesLn 25$46K

Balance Sheet

Part X · end of year
CashLn 1$46K
Total assetsLn 16$91K
Total liabilitiesLn 26$155K
Total net assetsLn 32$-64K
Months of cash on handcomputed12.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $46K · Operating expenses/yr $46K
12.0 months
Where the money goes
Program services
Program services $44K · Total expenses $46K
95%
Management & General
Management & general $0 · Total expenses $46K
0%
Fundraising
Fundraising $2K · Total expenses $46K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $832 · Solicited contributions (3-yr avg) $46K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $66K · Total revenue $66K
100%
Government reliance
Government grants — · Total revenue $66K
Earned-income share
Program service revenue $0 · Total revenue $66K
0%
Investment reliance
Investment income $1 · Total revenue $66K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $46K
0%
Growth & trend
Revenue growth (YoY)
This year $66K · Prior year $68K
-3%
Net-asset trend (YoY)
End of year $-64K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $66K · Expenses $46K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $91K
Net-asset ratio
Net assets $-64K · Total assets $91K
-71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $91K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alan Alderman · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $46K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $46K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 0%
Fundraising cost ratio 4%
Revenue growth -3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$6K revenue · ⤓ 990 PDF
FY2024$59K revenue · ⤓ 990 PDF
FY2023$110K revenue · ⤓ 990 PDF
FY2022$66K revenue · viewing · ⤓ 990 PDF
FY2021$68K revenue · ⤓ 990 PDF
FY2020$4K revenue · ⤓ 990 PDF
FY2019$21K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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