BAINBRIDGE ISLAND ROWING CLUB

BAINBRIDGE IS, WA, 98110-0115 (206) 780-7836 Est. 2001 EIN 91-2101122

N60 - Amateur Sports 990 - Public charity return 501(c)(3)

www.bainbridgerowing.org

Mission

SEE SCHEDULE O.THE MISSION OF BAINBRIDGE ISLAND ROWING CLUB IS TO PROMOTE AND DEVELOP EDUCATIONAL, RECREATIONAL AND COMPETITIVE ROWING OPPORTUNITIES FOR ALL YOUTH AND ADULTS OF THE BAINBRIDGE COMMUNITY, AND TO BUILD A COMMUNITY OF ROWERS THAT PROMOTES BETTER HEALTH, DEVELOPMENT OF POSITIVE LIFE SKILLS, AND ROWING EXCELLENCE.

Financials

Total Revenue

$759,720

Total Expenses

$810,876

Net Assets

$2,569,909

25 employees 200 volunteers

From latest filing (tax period ending 2023-12-31)

Financial Health

Operating Reserve

3.2 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 3.0%

Expenses ↑ 8.2%

Revenue Sources

Contributions 24.9% Earned revenue 69.0% Other 6.0%

Expense Breakdown

Program 67.5% Management 32.5%

Officers & Key Employees (20)

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Grants Received (36)

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Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$759,720 ↓	$810,876	$2,569,909
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$782,816 ↑	$749,564	$2,621,065
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$368,918 ↓	$263,601	$2,302,001
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$923,277	$457,508	$1,757,828