Augusta Rowing Club Incorporated
EIN: 581604135 · Augusta, GA
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $92K |
| Net Assets | $316K |
Is Augusta Rowing Club Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Augusta Rowing Club Incorporated
Augusta Rowing Club Incorporated (EIN: 581604135) is a nonprofit organization based in Augusta, GA. The organization reported total revenue of $141K and total assets of $340K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Augusta Rowing Club Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Augusta Rowing Club Incorporated is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $92K |
| Surplus / Deficit | +$25K |
| Total Assets | $316K |
| Total Liabilities | $812 |
| Net Assets | $316K |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 41.2 months |
Financial Health Grade: A
In 2023, Augusta Rowing Club Incorporated reported a surplus of $25K with revenue exceeding expenses, holds 41.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Augusta Rowing Club Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.7% | -9.3% | +1.5% |
| 2022 | -5.2% | +89.8% | -9.5% |
| 2021 | +73.1% | -51.8% | -5.4% |
| 2020 | -65.0% | -28.6% | -7.7% |
| 2019 | +0.2% | +9.7% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Augusta Rowing Club Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Augusta Rowing Club Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Augusta Rowing Club Incorporated
Is Augusta Rowing Club Incorporated a legitimate charity?
Augusta Rowing Club Incorporated (EIN: 581604135) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $141K. No red flags identified. Financial health grade: A.
How does Augusta Rowing Club Incorporated spend its money?
Augusta Rowing Club Incorporated reported $141K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Augusta Rowing Club Incorporated tax-deductible?
Augusta Rowing Club Incorporated is registered as a tax-exempt nonprofit (EIN: 581604135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Augusta Rowing Club Incorporated located?
Augusta Rowing Club Incorporated is headquartered in Augusta, Georgia and files with the IRS under EIN 581604135.
How many years of IRS 990 filings does Augusta Rowing Club Incorporated have?
Augusta Rowing Club Incorporated 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 $141K in total revenue.
Filing History
IRS 990 filing history for Augusta Rowing Club Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Augusta Rowing Club Incorporated's revenue has declined by 36.8%, moving from $185K to $117K. Total assets decreased by 9.8% over the same period, from $351K to $316K. Total functional expenses fell by 47%, from $174K to $92K. In its most recent filing year (2023), Augusta Rowing Club Incorporated reported a surplus of $25K, with revenue exceeding expenses. The organization holds $812 in liabilities against $316K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $316K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $92K | $316K | $812 | — | — |
| 2022 | $87K | $102K | $312K | $21K | — | View 990 |
| 2021 | $92K | $54K | $345K | $4K | — | — |
| 2020 | $53K | $111K | $364K | $0 | — | — |
| 2019 | $152K | $156K | $395K | $0 | — | View 990 |
| 2018 | $152K | $142K | $385K | $0 | — | View 990 |
| 2017 | $156K | $128K | $345K | $0 | — | View 990 |
| 2016 | $149K | $135K | $318K | $0 | — | View 990 |
| 2015 | $106K | $118K | $307K | $0 | — | View 990 |
| 2014 | $168K | $140K | $325K | $0 | — | View 990 |
| 2013 | $141K | $139K | $306K | $0 | — | View 990 |
| 2012 | $157K | $200K | $330K | $0 | — | View 990 |
| 2011 | $185K | $174K | $351K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $92K, and assets of $316K (revenue +33.7% year-over-year).
- 2022: Revenue of $87K, expenses of $102K, and assets of $312K (revenue -5.2% year-over-year).
- 2021: Revenue of $92K, expenses of $54K, and assets of $345K (revenue +73.1% year-over-year).
- 2020: Revenue of $53K, expenses of $111K, and assets of $364K (revenue -65.0% year-over-year).
- 2019: Revenue of $152K, expenses of $156K, and assets of $395K (revenue +0.2% year-over-year).
- 2018: Revenue of $152K, expenses of $142K, and assets of $385K (revenue -2.8% year-over-year).
- 2017: Revenue of $156K, expenses of $128K, and assets of $345K (revenue +4.7% year-over-year).
- 2016: Revenue of $149K, expenses of $135K, and assets of $318K (revenue +40.2% year-over-year).
- 2015: Revenue of $106K, expenses of $118K, and assets of $307K (revenue -36.7% year-over-year).
- 2014: Revenue of $168K, expenses of $140K, and assets of $325K (revenue +19.5% year-over-year).
- 2013: Revenue of $141K, expenses of $139K, and assets of $306K (revenue -10.6% year-over-year).
- 2012: Revenue of $157K, expenses of $200K, and assets of $330K (revenue -14.9% year-over-year).
- 2011: Revenue of $185K, expenses of $174K, and assets of $351K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Augusta Rowing Club Incorporated:
Data Sources and Methodology
This transparency report for Augusta Rowing Club Incorporated 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.