Los Angeles Rowing Club
- Assets
- $116.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marina Del Rey, CA
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 95-4242558
Organization Overview
Los Angeles Rowing Club is located in Marina Del Rey, CA. The organization was established in 2007. 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. Los Angeles Rowing Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Los Angeles Rowing Club generated $75.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $78.3k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES A LOCATION, USE OF EQUIPMENT, AND TRAINING FOR ROWING ON A VARIETY OF WATERCRAFT; ALL MEMBERS PAY DUES TO PURCHASE, MAINTAIN AND USE THE WATERCRAFT; TRAINING IS PROVIDED ON A FEE BASIS FOR NON-MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peg Moline Board Member | 1 | $0 | |
Shelley Pearce Board Member | 1 | $0 | |
Sue Phares Board Member | 1 | $0 | |
Hope Wilkinson Board Member | 1 | $0 | |
Sabrina Loesh President | 5 | $0 | |
Susan Kobilarcsik Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,825 |
| Membership dues | $58,110 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,935 |
| 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 | $1,055 |
| Occupancy, rent, utilities, and maintenance | $45,452 |
| Printing, publications, postage, and shipping | $82 |
| Other expenses | $31,662 |
| Total expenses | $78,251 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,586 |
| Other assets | $0 |
| Total assets | $116,470 |
| Total liabilities | $32,911 |
| Net assets or fund balances | $83,559 |