Bare Hill Rowing Association

Bare Hill Rowing Association consistently grows assets and operates with surpluses, reporting no officer compensation.

EIN: 200519365 · Harvard, MA · NTEE: N67 · Updated: 2026-03-28

$451KRevenue

$584KAssets

92/100Mission Score (Excellent)

N67

About Bare Hill Rowing Association

Bare Hill Rowing Association (EIN: 200519365) is a nonprofit organization based in Harvard, MA, classified under NTEE code N67. The organization reported total revenue of $451K and total assets of $584K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bare Hill Rowing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Bare Hill Rowing Association demonstrates consistent financial health with a positive trend in revenue and assets over the past decade. In the latest filing (202312), the organization reported revenue of $470,629 against expenses of $378,554, indicating a healthy surplus. Its assets have grown steadily, reaching $561,465 in 2023, which is a strong indicator of financial stability and capacity. The organization's liabilities remain low relative to its assets, suggesting good financial management and minimal debt burden.

The spending efficiency appears strong, as the organization consistently operates with a surplus and has no reported officer compensation, which is a positive sign for donor confidence. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests that the majority of funds are likely directed towards its mission given the consistent surpluses and asset growth. The absence of officer compensation also points to a volunteer-driven or very lean operational structure.

In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The lack of reported officer compensation enhances its transparency profile, as it suggests that resources are not being diverted to high executive salaries. Overall, Bare Hill Rowing Association appears to be a financially sound and efficiently managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bare Hill Rowing Association with a Mission Score of 92 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, Bare Hill Rowing Association 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.

Executive Compensation Analysis

Bare Hill Rowing Association reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one where executive roles are not compensated, which is highly favorable for donor trust and resource allocation.

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.

Strengths

The following positive indicators were identified for Bare Hill Rowing Association:

Consistent financial surpluses, such as $92,075 in 2023 ($470,629 revenue - $378,554 expenses).
Steady growth in assets, reaching $561,465 in 2023 from $314,522 in 2014.
No reported officer compensation across all filings, indicating efficient use of funds.
Low liabilities relative to assets, with liabilities of $31,159 against assets of $561,465 in 2023.
Robust filing history with 13 IRS 990 filings, demonstrating strong transparency and compliance.

Frequently Asked Questions about Bare Hill Rowing Association

Is Bare Hill Rowing Association a good charity?

Based on the available financial data, Bare Hill Rowing Association appears to be a very good charity. It consistently operates with a surplus, has growing assets, and reports no officer compensation, indicating efficient use of funds and strong financial health.

How has the organization's financial health changed over time?

Bare Hill Rowing Association has shown consistent financial growth. Revenue increased from $304,746 in 2014 to $470,629 in 2023, and assets grew from $314,522 to $561,465 over the same period, demonstrating strong and sustained financial health.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive indicator of resource allocation.

Filing History

IRS 990 filing history for Bare Hill Rowing Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Bare Hill Rowing Association's revenue has grown by 731.4%, moving from $57K to $471K. Total assets increased by 258.8% over the same period, from $156K to $561K. Total functional expenses rose by 136.5%, from $160K to $379K. In its most recent filing year (2023), Bare Hill Rowing Association reported a surplus of $92K, with revenue exceeding expenses. The organization holds $31K in liabilities against $561K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $530K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$471K	$379K	$561K	$31K	—	—
2022	$417K	$364K	$457K	$19K	—	View 990
2021	$340K	$306K	$403K	$17K	—	—
2020	$269K	$275K	$362K	$10K	—	View 990
2019	$365K	$357K	$383K	$25K	—	View 990
2018	$319K	$368K	$386K	$36K	—	View 990
2017	$429K	$366K	$436K	$36K	—	View 990
2016	$374K	$331K	$384K	$47K	—	View 990
2015	$331K	$299K	$333K	$38K	—	View 990
2014	$305K	$251K	$315K	$52K	—	View 990
2013	$270K	$248K	$257K	$48K	—	View 990
2012	$249K	$195K	$230K	$43K	—	View 990
2011	$57K	$160K	$156K	$13K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $471K, expenses of $379K, and assets of $561K (revenue +13.0% year-over-year).
2022: Revenue of $417K, expenses of $364K, and assets of $457K (revenue +22.5% year-over-year).
2021: Revenue of $340K, expenses of $306K, and assets of $403K (revenue +26.6% year-over-year).
2020: Revenue of $269K, expenses of $275K, and assets of $362K (revenue -26.4% year-over-year).
2019: Revenue of $365K, expenses of $357K, and assets of $383K (revenue +14.5% year-over-year).
2018: Revenue of $319K, expenses of $368K, and assets of $386K (revenue -25.7% year-over-year).
2017: Revenue of $429K, expenses of $366K, and assets of $436K (revenue +14.6% year-over-year).
2016: Revenue of $374K, expenses of $331K, and assets of $384K (revenue +13.0% year-over-year).
2015: Revenue of $331K, expenses of $299K, and assets of $333K (revenue +8.6% year-over-year).
2014: Revenue of $305K, expenses of $251K, and assets of $315K (revenue +12.8% year-over-year).
2013: Revenue of $270K, expenses of $248K, and assets of $257K (revenue +8.4% year-over-year).
2012: Revenue of $249K, expenses of $195K, and assets of $230K (revenue +340.0% year-over-year).
2011: Revenue of $57K, expenses of $160K, and assets of $156K.

Data Sources and Methodology

This transparency report for Bare Hill Rowing Association 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.