Parati Competitive Rowing
- Assets
- $173.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 11/2013
- Data as of
- 05/2024
- EIN
- 45-5618578
Organization Overview
Parati Competitive Rowing is located in Spring, TX. The organization was established in 2013. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parati Competitive Rowing 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 05/2024, Parati Competitive Rowing generated $152.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $164.2k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PARATI COMPETITIVE ROWING IS A CO-ED YOUTH DEVELOPMENT TEAM THAT SERVICES APPROXIMATELY 35 CHILDREN EACH YEAR COMPETING AT THE LOCAL, REGIONAL AND NATIONAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Dalton President | 5 | $0 | |
Anthony Montano Director | 10 | $0 | |
Jeannette Jones Treasurersecretary | 5 | $0 | |
Jeffrey Nichols Director | 1 | $0 | |
Jan Rosman Program Director | 15 | $0 | |
Michael Rosman Head Coach | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,557 |
| Total Program Service Revenue | $17,590 |
| Membership dues | $126,991 |
| Investment income | $469 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $620 |
| Total Revenue | $152,227 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $39,040 |
| Occupancy, rent, utilities, and maintenance | $2,561 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $118,870 |
| Total expenses | $164,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,348 |
| Other assets | $0 |
| Total assets | $173,406 |
| Total liabilities | $56,735 |
| Net assets or fund balances | $116,671 |