Western Reserve Rowing Association
Western Reserve Rowing Association consistently operates with a surplus and no executive compensation.
EIN: 202841002 · Cleveland, OH · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $369K |
| Total Expenses | $291K |
| Program Spending | 85% |
| Net Assets | $346K |
| Transparency Score | 90/100 |
Is Western Reserve Rowing Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Western Reserve Rowing Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Western Reserve Rowing Association
Western Reserve Rowing Association (EIN: 202841002) is a nonprofit organization based in Cleveland, OH, classified under NTEE code N60. The organization reported total revenue of $369K and total assets of $350K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Reserve Rowing Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Reserve Rowing Association is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $291K |
| Surplus / Deficit | +$25K |
| Total Assets | $350K |
| Total Liabilities | $4K |
| Net Assets | $346K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Western Reserve Rowing Association reported a surplus of $25K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Western Reserve Rowing Association's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +0.4% | +6.7% |
| 2022 | +20.8% | +75.2% | +10.4% |
| 2021 | +343.5% | +71.5% | +21.9% |
| 2020 | -83.5% | -73.7% | -30.0% |
| 2019 | -3.6% | +10.2% | -35.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Western Reserve Rowing Association with a Mission Score of 90 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, Western Reserve 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.
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: 1.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for 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 Western Reserve Rowing Association:
- Consistent financial surpluses in recent years (e.g., 2023: Revenue $315,495, Expenses $290,729).
- Steady growth in assets, from $243,571 in 2020 to $349,837 in 2023.
- 0% officer compensation reported across all available filings, indicating efficient use of funds.
- Strong recovery in revenue post-2020, demonstrating resilience.
- Low liabilities relative to assets (e.g., 2023: Liabilities $3,742 vs. Assets $349,837).
Frequently Asked Questions about Western Reserve Rowing Association
Is Western Reserve Rowing Association a legitimate charity?
Western Reserve Rowing Association (EIN: 202841002) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $369K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Western Reserve Rowing Association spend its money?
Western Reserve Rowing Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Western Reserve Rowing Association tax-deductible?
Western Reserve Rowing Association is registered as a tax-exempt nonprofit (EIN: 202841002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Western Reserve Rowing Association's spending goes to programs?
Western Reserve Rowing Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Western Reserve Rowing Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Western Reserve Rowing Association is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Western Reserve Rowing Association located?
Western Reserve Rowing Association is headquartered in Cleveland, Ohio and files with the IRS under EIN 202841002. It is classified under NTEE code N60.
How many years of IRS 990 filings does Western Reserve Rowing Association have?
Western Reserve Rowing Association 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 $369K in total revenue.
Is Western Reserve Rowing Association a good charity?
Based on the provided financial data, Western Reserve Rowing Association appears to be a well-managed and financially healthy organization. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, all of which are positive indicators for a charity.
How has the organization's financial health changed over time?
The organization has shown consistent growth in assets, from $243,571 in 2020 to $349,837 in 2023. While revenue dipped in 2020 to $58,271, it has since recovered strongly, reaching $315,495 in 2023, demonstrating resilience and stable financial management.
What is the trend in revenue and expenses?
Revenue and expenses have generally trended upwards, with revenue consistently exceeding expenses in most recent years (e.g., 2023 revenue $315,495 vs. expenses $290,729), indicating sustainable operations and a healthy financial margin.
Filing History
IRS 990 filing history for Western Reserve Rowing Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Western Reserve Rowing Association's revenue has grown by 41.1%, moving from $224K to $315K. Total assets increased by 28.3% over the same period, from $273K to $350K. Total functional expenses rose by 59.1%, from $183K to $291K. In its most recent filing year (2023), Western Reserve Rowing Association reported a surplus of $25K, with revenue exceeding expenses. The organization holds $4K in liabilities against $350K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $346K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $291K | $350K | $4K | — | — |
| 2022 | $312K | $290K | $328K | $7K | — | View 990 |
| 2021 | $258K | $165K | $297K | $4K | — | View 990 |
| 2020 | $58K | $96K | $244K | $659 | — | View 990 |
| 2019 | $353K | $366K | $348K | $7K | — | View 990 |
| 2018 | $366K | $332K | $538K | $2K | — | View 990 |
| 2017 | $381K | $282K | $502K | $-98 | — | View 990 |
| 2016 | $308K | $290K | $416K | $0 | — | View 990 |
| 2015 | $322K | $275K | $398K | $0 | — | View 990 |
| 2014 | $282K | $234K | $352K | $0 | — | View 990 |
| 2013 | $266K | $234K | $303K | $-532 | — | View 990 |
| 2012 | $250K | $217K | $275K | $3K | — | — |
| 2011 | $224K | $183K | $273K | $7K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $291K, and assets of $350K (revenue +1.1% year-over-year).
- 2022: Revenue of $312K, expenses of $290K, and assets of $328K (revenue +20.8% year-over-year).
- 2021: Revenue of $258K, expenses of $165K, and assets of $297K (revenue +343.5% year-over-year).
- 2020: Revenue of $58K, expenses of $96K, and assets of $244K (revenue -83.5% year-over-year).
- 2019: Revenue of $353K, expenses of $366K, and assets of $348K (revenue -3.6% year-over-year).
- 2018: Revenue of $366K, expenses of $332K, and assets of $538K (revenue -3.9% year-over-year).
- 2017: Revenue of $381K, expenses of $282K, and assets of $502K (revenue +23.7% year-over-year).
- 2016: Revenue of $308K, expenses of $290K, and assets of $416K (revenue -4.2% year-over-year).
- 2015: Revenue of $322K, expenses of $275K, and assets of $398K (revenue +14.1% year-over-year).
- 2014: Revenue of $282K, expenses of $234K, and assets of $352K (revenue +6.0% year-over-year).
- 2013: Revenue of $266K, expenses of $234K, and assets of $303K (revenue +6.6% year-over-year).
- 2012: Revenue of $250K, expenses of $217K, and assets of $275K (revenue +11.6% year-over-year).
- 2011: Revenue of $224K, expenses of $183K, and assets of $273K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Reserve Rowing Association:
Data Sources and Methodology
This transparency report for Western Reserve 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.