Oneworld Rowing
- Assets
- $39.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ivy, VA
- Founding
- Data as of
- 12/2023
- EIN
- 85-1798026
Organization Overview
Oneworld Rowing is located in Ivy, VA. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Oneworld 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 12/2023, Oneworld Rowing generated $10.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.6%) each year. All expenses for the organization totaled $24.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
ONEWORLD ROWING BEGAN ITS OPERATIONS IN 2020. ALTHOUGH THERE WERE NO PROGRAM EXPENSES, THE FOLLOWING ACTIVITIES WERE CONDUCTED TO PREPARE FOR PROGRAM ACTIVITIES TO COMMENCE. -CONDUCTED ALL DUE DILIGENCE INTO AREAS OF CRITICAL NEED WITHIN COMPETITIVE ROWING COMMUNITY. -INTERVIEWED NUMEROUS ATHLETES AND COACHES WITH INSIGHTS INTO AREAS OF NEED AND POTENTIAL BENEFICIARIES. -REFINED, PRIORITIZED PROGRAMS FOR 2021: COLLEGE CLUB ROWING, HIGH- PERFORMANCE TRAINING, NON-OLYMPIC BOATS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher H Jackson Pres,treasur | 3 | $0 | |
Eleanor A Braun Secretary & | 0.5 | $0 | |
Denise Cenit Director | 0.25 | $0 | |
Peter J Massarelli Director | 0.25 | $0 | |
Roger F Payne Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,669 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $465 |
| Gain or Loss | $1,193 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $56 |
| Total Revenue | $10,383 |
| 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 | $1,595 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $11 |
| Other expenses | $1,040 |
| Total expenses | $24,646 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,981 |
| Other assets | $0 |
| Total assets | $38,995 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,995 |