Amoskeag Rowing Club
Amoskeag Rowing Club: Steady Growth, Strong Program Focus
EIN: 222534123 · Concord, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $140K |
| Program Spending | 85% |
| Net Assets | $302K |
| Transparency Score | 85/100 |
Is Amoskeag Rowing Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amoskeag Rowing Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amoskeag Rowing Club
Amoskeag Rowing Club (EIN: 222534123) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $147K and total assets of $326K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amoskeag Rowing Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amoskeag Rowing Club is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $140K |
| Surplus / Deficit | +$21K |
| Total Assets | $307K |
| Total Liabilities | $5K |
| Net Assets | $302K |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 26.3 months |
Financial Health Grade: A
In 2023, Amoskeag Rowing Club reported a surplus of $21K with revenue exceeding expenses, holds 26.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Amoskeag Rowing Club's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | +38.1% | +7.1% |
| 2022 | +34.1% | +18.5% | +11.7% |
| 2021 | +75.3% | +68.2% | +4.0% |
| 2020 | -12.9% | -21.3% | +0.4% |
| 2019 | -34.2% | -15.3% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amoskeag Rowing Club with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Amoskeag Rowing Club allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
The organization's 990 filings indicate no compensation paid to officers, directors, trustees, or key employees, suggesting a volunteer-led structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amoskeag Rowing Club's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial statements.
- No clear indication of board independence or oversight mechanisms in publicly available information.
Strengths
The following positive indicators were identified for Amoskeag Rowing Club:
- Consistent revenue growth over the past several years, from $51,742 in 2020 to $161,146 in 2023.
- Strong asset base, growing from $246,543 in 2020 to $306,779 in 2023.
- Very low fundraising costs, indicating efficient use of resources.
- No executive compensation, suggesting a highly dedicated volunteer base.
Frequently Asked Questions about Amoskeag Rowing Club
Is Amoskeag Rowing Club a legitimate charity?
Amoskeag Rowing Club (EIN: 222534123) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $147K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Amoskeag Rowing Club spend its money?
Amoskeag Rowing Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Amoskeag Rowing Club tax-deductible?
Amoskeag Rowing Club is registered as a tax-exempt nonprofit (EIN: 222534123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amoskeag Rowing Club's spending goes to programs?
Amoskeag Rowing Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Amoskeag Rowing Club located?
Amoskeag Rowing Club is headquartered in Concord, New Hampshire and files with the IRS under EIN 222534123.
How many years of IRS 990 filings does Amoskeag Rowing Club have?
Amoskeag Rowing Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $147K in total revenue.
What does Amoskeag Rowing Club do?
Amoskeag Rowing Club is a nonprofit organization in the Unknown sector, located in Concord, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Amoskeag Rowing Club have?
Amoskeag Rowing Club reported total revenue of $147,064. Based on 13 IRS 990 filings on record.
What are Amoskeag Rowing Club's total assets?
Amoskeag Rowing Club holds total assets of $326,262 as reported in IRS 990 filings.
Where is Amoskeag Rowing Club located?
Amoskeag Rowing Club is based in Concord, New Hampshire.
What is Amoskeag Rowing Club's EIN?
Amoskeag Rowing Club's Employer Identification Number (EIN) is 222534123. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Amoskeag Rowing Club?
Amoskeag Rowing Club is classified under NTEE code Unknown (Unknown).
Is Amoskeag Rowing Club a registered 501(c)(3)?
Amoskeag Rowing Club appears in IRS records (EIN: 222534123). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Amoskeag Rowing Club file IRS Form 990?
Yes, Amoskeag Rowing Club has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Amoskeag Rowing Club's revenue in 2023?
In the 202312 filing period, Amoskeag Rowing Club reported total revenue of $161,146, total expenses of $139,718, and net assets of $306,779.
Is Amoskeag Rowing Club's revenue growing or declining?
Amoskeag Rowing Club's revenue is growing. Revenue went from $121,599 (202212) to $161,146 (202312), a +32.5% change. Based on 13 filings on record.
What is Amoskeag Rowing Club's most recent 990 filing?
The most recent IRS Form 990 filing for Amoskeag Rowing Club covers tax period 202312. It shows revenue of $161,146, expenses of $139,718, total assets of $306,779, and liabilities of $4,500.
How much does Amoskeag Rowing Club spend on programs vs administration?
Based on IRS 990 analysis, Amoskeag Rowing Club allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Amoskeag Rowing Club a trustworthy charity?
Based on AI analysis of IRS 990 data, Amoskeag Rowing Club appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Amoskeag Rowing Club?
The following concerns were identified: Lack of detailed program impact reporting beyond financial statements.. No clear indication of board independence or oversight mechanisms in publicly available information.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Amoskeag Rowing Club's strengths?
Positive indicators for Amoskeag Rowing Club include: Consistent revenue growth over the past several years, from $51,742 in 2020 to $161,146 in 2023.. Strong asset base, growing from $246,543 in 2020 to $306,779 in 2023.. Very low fundraising costs, indicating efficient use of resources.. No executive compensation, suggesting a highly dedicated volunteer base.. These findings are derived from AI analysis of the organization's financial filings.
How does Amoskeag Rowing Club compensate executives?
The organization's 990 filings indicate no compensation paid to officers, directors, trustees, or key employees, suggesting a volunteer-led structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Amoskeag Rowing Club manage to operate and grow without any reported executive compensation?
The club likely relies heavily on volunteer efforts for all operational and administrative tasks, which is common for smaller, community-focused sports organizations. This model allows a greater percentage of revenue to be directed towards programs and facilities.
What specific programs or initiatives contributed to the significant revenue increase from $51,742 in 2020 to $161,146 in 2023?
While the filings show the revenue increase, they do not detail the specific programs or fundraising initiatives that drove this growth. It could be attributed to increased membership, successful fundraising events, or grants, but further program-specific reporting would be needed to confirm.
Filing History
IRS 990 filing history for Amoskeag Rowing Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amoskeag Rowing Club's revenue has grown by 82.4%, moving from $88K to $161K. Total assets increased by 59.8% over the same period, from $192K to $307K. Total functional expenses rose by 46.9%, from $95K to $140K. In its most recent filing year (2023), Amoskeag Rowing Club reported a surplus of $21K, with revenue exceeding expenses. The organization holds $5K in liabilities against $307K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $302K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $140K | $307K | $5K | — | — |
| 2022 | $122K | $101K | $286K | $6K | — | View 990 |
| 2021 | $91K | $85K | $256K | $0 | — | View 990 |
| 2020 | $52K | $51K | $247K | $0 | — | View 990 |
| 2019 | $59K | $64K | $246K | $0 | — | View 990 |
| 2018 | $90K | $76K | $251K | $0 | — | View 990 |
| 2017 | $108K | $84K | $237K | $0 | — | View 990 |
| 2016 | $94K | $88K | $213K | $0 | — | View 990 |
| 2015 | $65K | $86K | $220K | $0 | — | View 990 |
| 2014 | $91K | $99K | $227K | $0 | — | View 990 |
| 2013 | $104K | $81K | $235K | $0 | — | View 990 |
| 2012 | $107K | $86K | $213K | $811 | — | View 990 |
| 2011 | $88K | $95K | $192K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $140K, and assets of $307K (revenue +32.5% year-over-year).
- 2022: Revenue of $122K, expenses of $101K, and assets of $286K (revenue +34.1% year-over-year).
- 2021: Revenue of $91K, expenses of $85K, and assets of $256K (revenue +75.3% year-over-year).
- 2020: Revenue of $52K, expenses of $51K, and assets of $247K (revenue -12.9% year-over-year).
- 2019: Revenue of $59K, expenses of $64K, and assets of $246K (revenue -34.2% year-over-year).
- 2018: Revenue of $90K, expenses of $76K, and assets of $251K (revenue -16.2% year-over-year).
- 2017: Revenue of $108K, expenses of $84K, and assets of $237K (revenue +14.8% year-over-year).
- 2016: Revenue of $94K, expenses of $88K, and assets of $213K (revenue +45.4% year-over-year).
- 2015: Revenue of $65K, expenses of $86K, and assets of $220K (revenue -29.4% year-over-year).
- 2014: Revenue of $91K, expenses of $99K, and assets of $227K (revenue -11.7% year-over-year).
- 2013: Revenue of $104K, expenses of $81K, and assets of $235K (revenue -2.9% year-over-year).
- 2012: Revenue of $107K, expenses of $86K, and assets of $213K (revenue +20.7% year-over-year).
- 2011: Revenue of $88K, expenses of $95K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amoskeag Rowing Club:
Data Sources and Methodology
This transparency report for Amoskeag Rowing Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.