Overview
What is Vero Beach Rowing Inc?
Vero Beach Rowing Inc, a community-focused nonprofit based in an unspecified location, is committed to fostering the sport of rowing. Their mission encompasses promoting and instructing this activity to both families and schools, with the aim of cultivating physical fitness, personal character, and a collaborative spirit. Through competitive and leisurely avenues, the organization provides a comprehensive rowing program, thereby empowering individuals and fostering a sense of teamwork.
Official website here: www.verobeachrowing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Vero Beach Rowing Inc has received a Two-Star out of Four Star rating with an overall score of 70%. This rating indicates that while the organization shows some strengths in financial management and board independence, there are significant areas for improvement, particularly in governance policies.
The organization benefits from a fully independent board and has effectively managed its assets, reflected in a strong program expense ratio of 97.14%. This suggests that a large portion of its resources is dedicated to its mission rather than administrative costs. However, the absence of critical governance policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about its accountability and transparency.
Despite these limitations, Vero Beach Rowing has implemented several equity practices, scoring 79 out of 100 in this category. This indicates a commitment to fostering an inclusive environment, although the missing governance policies may hinder its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Vero Beach Rowing Inc legitimate?
Vero Beach Rowing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vero Beach Rowing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,341
For more financial information, click here
Official website here: www.verobeachrowing.com
What is the mission statement of Vero Beach Rowing Inc?
Vero Beach Rowing Inc's mission is focused on promoting and teaching the sport of rowing within the community. Their primary goal is to foster physical fitness, develop personal character, and instill an ethic of cooperation among individuals through both competitive and recreational rowing opportunities. They offer a rowing program designed for families and schools, aiming to provide a platform for community engagement.
Official website here: www.verobeachrowing.com
Who is the CEO of Vero Beach Rowing Inc?
James Michael is the Secretary of Vero Beach Rowing Inc.
Official website here: www.verobeachrowing.com
What is the revenue of Vero Beach Rowing Inc?
Vero Beach Rowing Inc's revenue in 2022 was $501,449.
Official website here: www.verobeachrowing.com
Who are the executives of Vero Beach Rowing Inc and what are their salaries?
The average compensation at Vero Beach Rowing Inc during 2022 was $30,585. There are 4 employees and 150 volunteers at Vero Beach Rowing Inc.
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Official website here: www.verobeachrowing.com
Where can I find the form 990 for Vero Beach Rowing Inc?
Vero Beach Rowing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.verobeachrowing.com
Learn more at the official website: www.verobeachrowing.com
Mission Statement of Vero Beach Rowing Inc
Vero Beach Rowing, a nonprofit organization, is dedicated to promoting and instructing the sport of rowing within the community. Their primary mission is to foster physical fitness, cultivate personal character, and instill an ethic of cooperation among its participants through both competitive and recreational rowing opportunities. By offering a rowing program for families and schools, Vero Beach Rowing aims to provide a platform where individuals can engage in this sport and derive its numerous benefits.
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Impact
July, 2024
Vero Beach Rowing Inc's impact is significant in promoting and teaching the sport of rowing to the community in order to develop physical fitness, personal character, and an ethic of cooperation. Through their rowing program for families and schools, they provide both competitive and recreational opportunities, with a mission to instill values of physical fitness, personal growth, and teamwork. Their dedication to educating and engaging the community in rowing contributes to the overall well-being and development of individuals, fostering a sense of discipline, teamwork, and a healthy lifestyle.
This information is meant to be a general summary of Vero Beach Rowing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $249,811
- Gross Receipts: $501,449
Assets and Liabilities:
- Total Assets: $3,116,069
- Total Liabilities: $1,769
- Net Assets: $3,114,300
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$198,926
MEMBERSHIP DUES
Revenue
$51,592
MERCHANDISE SALES, NET OF EXP
Revenue
$2,757
MISC REVENUES
Revenue
$1,296
FUNDRAISING, NET OF EXP
Revenue
-$4,760
Organization Details
Founding Year
2008
Phone
(412) 999-5432Principal Officer
James Michael
Main Address
PO BOX 643063, VERO BEACH, FL, 32964
Website
www.verobeachrowing.comNTEE Category
Code: B112 - Education
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