Lake Oswego Rowing Club Foundation
EIN: 911761885 · Lake Oswego, OR · NTEE: S80
| Metric | Value |
|---|---|
| Total Revenue | $449K |
| Total Expenses | $503K |
| Net Assets | $177K |
Is Lake Oswego Rowing Club Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lake Oswego Rowing Club Foundation
Lake Oswego Rowing Club Foundation (EIN: 911761885) is a nonprofit organization based in Lake Oswego, OR, classified under NTEE code S80. The organization reported total revenue of $449K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lake Oswego Rowing Club Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lake Oswego Rowing Club Foundation is a small nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $430K |
| Total Expenses | $503K |
| Surplus / Deficit | $-72,479 |
| Total Assets | $183K |
| Total Liabilities | $7K |
| Net Assets | $177K |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Lake Oswego Rowing Club Foundation reported a deficit of $72K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Lake Oswego Rowing Club Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.2% | -0.2% | -30.1% |
| 2022 | -10.5% | +35.2% | -17.0% |
| 2021 | +240.4% | +114.7% | +48.0% |
| 2020 | -51.6% | -50.1% | -0.3% |
| 2019 | -8.9% | +9.2% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lake Oswego Rowing Club Foundation 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 Lake Oswego Rowing Club Foundation 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 deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Lake Oswego Rowing Club Foundation
Is Lake Oswego Rowing Club Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lake Oswego Rowing Club Foundation (EIN: 911761885) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lake Oswego Rowing Club Foundation spend its money?
Detailed spending breakdown data is not yet available for Lake Oswego Rowing Club Foundation. Check back for updated IRS 990 analysis.
Are donations to Lake Oswego Rowing Club Foundation tax-deductible?
Lake Oswego Rowing Club Foundation is registered as a tax-exempt nonprofit (EIN: 911761885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lake Oswego Rowing Club Foundation located?
Lake Oswego Rowing Club Foundation is headquartered in Lake Oswego, Oregon and files with the IRS under EIN 911761885. It is classified under NTEE code S80.
How many years of IRS 990 filings does Lake Oswego Rowing Club Foundation have?
Lake Oswego Rowing Club Foundation has 14 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 $449K in total revenue.
Filing History
IRS 990 filing history for Lake Oswego Rowing Club Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Lake Oswego Rowing Club Foundation's revenue has grown by 129.5%, moving from $188K to $430K. Total assets increased by 8.9% over the same period, from $168K to $183K. Total functional expenses rose by 148.7%, from $202K to $503K. In its most recent filing year (2023), Lake Oswego Rowing Club Foundation reported a deficit of $72K, with expenses exceeding revenue. The organization holds $7K in liabilities against $183K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $430K | $503K | $183K | $7K | — | View 990 |
| 2022 | $444K | $504K | $262K | $13K | — | View 990 |
| 2021 | $497K | $372K | $316K | $7K | — | View 990 |
| 2020 | $146K | $173K | $213K | $30K | — | — |
| 2019 | $301K | $348K | $214K | $3K | — | View 990 |
| 2018 | $331K | $318K | $259K | $2K | — | View 990 |
| 2017 | $344K | $315K | $250K | $5K | — | View 990 |
| 2016 | $321K | $330K | $219K | $3K | — | View 990 |
| 2015 | $391K | $335K | $233K | $8K | — | View 990 |
| 2014 | $309K | $322K | $173K | $3K | — | View 990 |
| 2013 | $383K | $376K | $183K | $1K | — | View 990 |
| 2012 | $274K | $259K | $175K | $0 | — | View 990 |
| 2011 | $225K | $222K | $167K | $6K | — | View 990 |
| 2010 | $188K | $202K | $168K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $430K, expenses of $503K, and assets of $183K (revenue -3.2% year-over-year).
- 2022: Revenue of $444K, expenses of $504K, and assets of $262K (revenue -10.5% year-over-year).
- 2021: Revenue of $497K, expenses of $372K, and assets of $316K (revenue +240.4% year-over-year).
- 2020: Revenue of $146K, expenses of $173K, and assets of $213K (revenue -51.6% year-over-year).
- 2019: Revenue of $301K, expenses of $348K, and assets of $214K (revenue -8.9% year-over-year).
- 2018: Revenue of $331K, expenses of $318K, and assets of $259K (revenue -3.7% year-over-year).
- 2017: Revenue of $344K, expenses of $315K, and assets of $250K (revenue +7.1% year-over-year).
- 2016: Revenue of $321K, expenses of $330K, and assets of $219K (revenue -18.0% year-over-year).
- 2015: Revenue of $391K, expenses of $335K, and assets of $233K (revenue +26.3% year-over-year).
- 2014: Revenue of $309K, expenses of $322K, and assets of $173K (revenue -19.2% year-over-year).
- 2013: Revenue of $383K, expenses of $376K, and assets of $183K (revenue +39.7% year-over-year).
- 2012: Revenue of $274K, expenses of $259K, and assets of $175K (revenue +21.8% year-over-year).
- 2011: Revenue of $225K, expenses of $222K, and assets of $167K (revenue +19.9% year-over-year).
- 2010: Revenue of $188K, expenses of $202K, and assets of $168K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lake Oswego Rowing Club Foundation:
Data Sources and Methodology
This transparency report for Lake Oswego Rowing Club Foundation 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.