Buffalo Scholastic Rowing Association Inc
- Assets
- $3.1m
- Revenue
- $432.3k
- Investments
- $0.0
- Employees
- 14
- Location
- Buffalo, NY
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 26-4831602
Organization Overview
Buffalo Scholastic Rowing Association Inc is located in Buffalo, NY. The organization was established in 2010. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Buffalo Scholastic Rowing Association Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buffalo Scholastic Rowing Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Buffalo Scholastic Rowing Association Inc generated $432.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $300.3k during the year ending 12/2021. While expenses have increased by 16.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BUFFALO SCHOLASTIC ROWING ASSOCIATION IS TO ADVANCE THE SPORT OF ROWING IN WESTERN NEW YORK THROUGH SUPERIOR SCHOLASTIC COACHING, FACILITIES AND SAFE ACCESS ON THE BUFFALO RIVER. THE BUFFALO SCHOLASTIC ROWING ASSOCIATION PROVIDES EXPANDED, EQUITABLE AND UNIVERSAL ACCESS TO THE SPORT OF ROWING FOR THE COMMUNITY AND PRACTICES ECOLOGICAL STEWARDSHIP OF THE WATERFRONT AND LOCAL WATER RESOURCES ON WHICH CREWS RELY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BSRA WAS ABLE TO RETAIN STAFF AND CONDUCT ROWING PROGRAMS THROUGH THE COVID 19 PANDEMIC. MOVED INTO NEW BOATHOUSE IN MARCH 2021. GREATLY EXPANDING CAPACITY AND ALLOWING FOR MORE PROGRAMS. PROGRAMS RETURN TO PRE-PANDEMIC LEVELS AND LAUNCHED INCLUSIVE AND MODIFIED PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Kostrzewski President | Officer | 5 | $0 |
Robert Fries Treasurer | Officer | 5 | $0 |
Robert Becht Vice President | Officer | 5 | $0 |
Kris Arcuri Secretary | Officer | 5 | $0 |
Tom Flaherty Vice President | Officer | 5 | $0 |
Bill Breeser Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $180,360 |
| Fundraising events | $56,291 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $174,722 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $411,373 |
| Total Program Service Revenue | $20,919 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $432,299 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,725 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,130 |
| Payroll taxes | $12,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $346 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,367 |
| Office expenses | $11,059 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,283 |
| Travel | $6,483 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,712 |
| Insurance | $14,930 |
| All other expenses | $6,726 |
| Total functional expenses | $300,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,076 |
| Savings and temporary cash investments | $102,288 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,508 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,596 |
| Prepaid expenses and deferred charges | $3,725 |
| Net Land, buildings, and equipment | $2,944,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,101,920 |
| Accounts payable and accrued expenses | $3,850 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $575,643 |
| Unsecured mortgages and notes payable | $199,182 |
| Other liabilities | $0 |
| Total liabilities | $778,675 |
| Net assets without donor restrictions | $2,323,245 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,101,920 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Buffalo Scholastic Rowing Association Inc has recieved totaling $7,069.
| Awarding Organization | Amount |
|---|---|
Buffalo Rotary Foundation Inc Buffalo, NY PURPOSE: PROGRAM EQUIPMENT | $7,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |