Capital Rowing Club Inc
EIN: 521725928 · Washington, DC · NTEE: N40Z
| Metric | Value |
|---|---|
| Total Revenue | $666K |
| Total Expenses | $478K |
| Net Assets | $552K |
Is Capital Rowing Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Capital Rowing Club Inc
Capital Rowing Club Inc (EIN: 521725928) is a nonprofit organization based in Washington, DC, classified under NTEE code N40Z. The organization reported total revenue of $666K and total assets of $663K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Rowing Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Rowing Club Inc is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $573K |
| Total Expenses | $478K |
| Surplus / Deficit | +$96K |
| Total Assets | $552K |
| Net Assets | $552K |
| Operating Margin | 16.7% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, Capital Rowing Club Inc reported a surplus of $96K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Capital Rowing Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.1% | +28.6% | +21.0% |
| 2022 | +98.5% | +25.9% | +23.5% |
| 2021 | -38.3% | -26.8% | -14.8% |
| 2020 | -14.3% | -8.3% | -6.2% |
| 2019 | +1.1% | +21.7% | -0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Capital Rowing Club Inc 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 Capital Rowing Club Inc 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 $96K, with revenue exceeding expenses.
Frequently Asked Questions about Capital Rowing Club Inc
Is Capital Rowing Club Inc a legitimate charity?
Capital Rowing Club Inc (EIN: 521725928) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $666K. No red flags identified. Financial health grade: A.
How does Capital Rowing Club Inc spend its money?
Capital Rowing Club Inc reported $666K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Capital Rowing Club Inc tax-deductible?
Capital Rowing Club Inc is registered as a tax-exempt nonprofit (EIN: 521725928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Capital Rowing Club Inc located?
Capital Rowing Club Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 521725928. It is classified under NTEE code N40Z.
How many years of IRS 990 filings does Capital Rowing Club Inc have?
Capital Rowing Club Inc has 12 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 $666K in total revenue.
Filing History
IRS 990 filing history for Capital Rowing Club Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Capital Rowing Club Inc's revenue has grown by 128.1%, moving from $251K to $573K. Total assets increased by 151.8% over the same period, from $219K to $552K. Total functional expenses rose by 87.7%, from $254K to $478K. In its most recent filing year (2023), Capital Rowing Club Inc reported a surplus of $96K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $573K | $478K | $552K | $0 | — | View 990 |
| 2022 | $458K | $371K | $456K | $0 | — | View 990 |
| 2021 | $231K | $295K | $369K | $0 | — | — |
| 2020 | $374K | $403K | $433K | $0 | — | View 990 |
| 2019 | $437K | $439K | $462K | $0 | — | View 990 |
| 2018 | $432K | $361K | $464K | $0 | — | View 990 |
| 2017 | $405K | $333K | $394K | $0 | — | View 990 |
| 2016 | $331K | $327K | $322K | $0 | — | View 990 |
| 2015 | $302K | $307K | $312K | $10K | — | View 990 |
| 2014 | $391K | $298K | $308K | $0 | — | View 990 |
| 2013 | $254K | $264K | $218K | $0 | — | View 990 |
| 2012 | $251K | $254K | $219K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $573K, expenses of $478K, and assets of $552K (revenue +25.1% year-over-year).
- 2022: Revenue of $458K, expenses of $371K, and assets of $456K (revenue +98.5% year-over-year).
- 2021: Revenue of $231K, expenses of $295K, and assets of $369K (revenue -38.3% year-over-year).
- 2020: Revenue of $374K, expenses of $403K, and assets of $433K (revenue -14.3% year-over-year).
- 2019: Revenue of $437K, expenses of $439K, and assets of $462K (revenue +1.1% year-over-year).
- 2018: Revenue of $432K, expenses of $361K, and assets of $464K (revenue +6.8% year-over-year).
- 2017: Revenue of $405K, expenses of $333K, and assets of $394K (revenue +22.1% year-over-year).
- 2016: Revenue of $331K, expenses of $327K, and assets of $322K (revenue +9.9% year-over-year).
- 2015: Revenue of $302K, expenses of $307K, and assets of $312K (revenue -22.8% year-over-year).
- 2014: Revenue of $391K, expenses of $298K, and assets of $308K (revenue +54.0% year-over-year).
- 2013: Revenue of $254K, expenses of $264K, and assets of $218K (revenue +1.0% year-over-year).
- 2012: Revenue of $251K, expenses of $254K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Rowing Club Inc:
Data Sources and Methodology
This transparency report for Capital Rowing Club Inc 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.