Milwaukee Rowing Club
EIN: 391666218 · Milwaukee, WI · NTEE: N70Z
| Metric | Value |
|---|---|
| Total Revenue | $440K |
| Total Expenses | $364K |
| Net Assets | $1.1M |
Is Milwaukee Rowing Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Milwaukee Rowing Club
Milwaukee Rowing Club (EIN: 391666218) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code N70Z. The organization reported total revenue of $440K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Milwaukee Rowing Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Milwaukee Rowing Club is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $430K |
| Total Expenses | $364K |
| Surplus / Deficit | +$66K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 15.4% |
| Months of Reserves | 35.3 months |
Financial Health Grade: A
In 2023, Milwaukee Rowing Club reported a surplus of $66K with revenue exceeding expenses, holds 35.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Milwaukee Rowing Club's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.7% | +15.7% | +5.7% |
| 2022 | +60.1% | +11.9% | +14.4% |
| 2021 | +12.1% | +32.2% | -0.4% |
| 2020 | -38.3% | -36.5% | +3.6% |
| 2019 | +4.4% | +10.3% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Milwaukee Rowing Club 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 Milwaukee Rowing Club 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 $66K, with revenue exceeding expenses.
Frequently Asked Questions about Milwaukee Rowing Club
Is Milwaukee Rowing Club a legitimate charity?
Milwaukee Rowing Club (EIN: 391666218) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $440K. No red flags identified. Financial health grade: A.
How does Milwaukee Rowing Club spend its money?
Milwaukee Rowing Club reported $440K 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 Milwaukee Rowing Club tax-deductible?
Milwaukee Rowing Club is registered as a tax-exempt nonprofit (EIN: 391666218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Milwaukee Rowing Club located?
Milwaukee Rowing Club is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391666218. It is classified under NTEE code N70Z.
How many years of IRS 990 filings does Milwaukee Rowing Club have?
Milwaukee 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 $440K in total revenue.
Filing History
IRS 990 filing history for Milwaukee Rowing Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Milwaukee Rowing Club's revenue has grown by 88%, moving from $229K to $430K. Total assets increased by 53.8% over the same period, from $696K to $1.1M. Total functional expenses rose by 86.8%, from $195K to $364K. In its most recent filing year (2023), Milwaukee Rowing Club reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $430K | $364K | $1.1M | $0 | — | — |
| 2022 | $438K | $314K | $1.0M | $9K | — | View 990 |
| 2021 | $273K | $281K | $886K | $5K | — | View 990 |
| 2020 | $244K | $213K | $889K | $307 | — | View 990 |
| 2019 | $396K | $335K | $859K | $1K | — | View 990 |
| 2018 | $379K | $303K | $797K | $1K | — | View 990 |
| 2017 | $300K | $287K | $722K | $1K | — | View 990 |
| 2016 | $279K | $274K | $710K | $3K | — | View 990 |
| 2015 | $299K | $273K | $702K | $358 | — | View 990 |
| 2014 | $261K | $243K | $682K | $6K | — | View 990 |
| 2013 | $217K | $245K | $659K | $1K | — | View 990 |
| 2012 | $209K | $216K | $689K | $3K | — | View 990 |
| 2011 | $229K | $195K | $696K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $430K, expenses of $364K, and assets of $1.1M (revenue -1.7% year-over-year).
- 2022: Revenue of $438K, expenses of $314K, and assets of $1.0M (revenue +60.1% year-over-year).
- 2021: Revenue of $273K, expenses of $281K, and assets of $886K (revenue +12.1% year-over-year).
- 2020: Revenue of $244K, expenses of $213K, and assets of $889K (revenue -38.3% year-over-year).
- 2019: Revenue of $396K, expenses of $335K, and assets of $859K (revenue +4.4% year-over-year).
- 2018: Revenue of $379K, expenses of $303K, and assets of $797K (revenue +26.3% year-over-year).
- 2017: Revenue of $300K, expenses of $287K, and assets of $722K (revenue +7.5% year-over-year).
- 2016: Revenue of $279K, expenses of $274K, and assets of $710K (revenue -6.5% year-over-year).
- 2015: Revenue of $299K, expenses of $273K, and assets of $702K (revenue +14.3% year-over-year).
- 2014: Revenue of $261K, expenses of $243K, and assets of $682K (revenue +20.2% year-over-year).
- 2013: Revenue of $217K, expenses of $245K, and assets of $659K (revenue +3.8% year-over-year).
- 2012: Revenue of $209K, expenses of $216K, and assets of $689K (revenue -8.6% year-over-year).
- 2011: Revenue of $229K, expenses of $195K, and assets of $696K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Milwaukee Rowing Club:
Data Sources and Methodology
This transparency report for Milwaukee 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.