Overview
What is Parati Competitive Rowing?
Parati Competitive Rowing is a nonprofit organization that encourages long-term dedication in young individuals through its co-ed youth development program. Serving approximately 50 children annually, this organization fosters a competitive spirit, participating in local, regional, and national rowing events. The program's mission is to instill lifelong commitments in its participants, shaping their character and skills.
Official website here: www.paratirowingthewoodlands.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
Parati Competitive Rowing has received a One-Star rating from Charity Navigator, indicating considerable room for improvement in its accountability and financial management. The organization has a strong independent board with full points for both board members and size, and it demonstrates good practices regarding material diversion of assets and conflict of interest policies. However, the absence of a whistleblower policy and the failure to post its tax form on its website raise concerns about its transparency and governance.
Financially, Parati Competitive Rowing struggles with a low program expense ratio of 31.48%, suggesting that a significant portion of its resources may not be directed towards its programs. Additionally, its liabilities to assets ratio of 38.02% is a negative indicator, reflecting potential financial instability. While there are strengths in certain governance areas, the overall financial and accountability performance significantly affects the charity's standing and effectiveness.
In summary, while Parati Competitive Rowing has a competent board structure and adheres to various accountability measures, its financial management and transparency practices fall short. Addressing these limitations could enhance its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Parati Competitive Rowing legitimate?
Parati Competitive Rowing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parati Competitive Rowing submitted a form 990EZ, 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.
Official website here: www.paratirowingthewoodlands.org
What is the mission statement of Parati Competitive Rowing?
Parati Competitive Rowing's mission is centered around inspiring adolescents to cultivate lifelong dedication. Through their co-ed youth development program, they serve approximately 50 children annually. The organization encourages these young individuals to participate in local, regional, and national rowing competitions, aiming to foster a sense of commitment beyond the sport. The program's goal is to instill values that extend beyond the rowing arena, ultimately shaping these teens into well-rounded individuals.
Official website here: www.paratirowingthewoodlands.org
Who is the CEO of Parati Competitive Rowing?
Thomas Dalton is the President of Parati Competitive Rowing.
Official website here: www.paratirowingthewoodlands.org
What is the revenue of Parati Competitive Rowing?
Parati Competitive Rowing's revenue in 2023 was $125,058.
Official website here: www.paratirowingthewoodlands.org
Who are the executives of Parati Competitive Rowing and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.paratirowingthewoodlands.org
Where can I find the form 990EZ for Parati Competitive Rowing?
Parati Competitive Rowing's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.paratirowingthewoodlands.org
Learn more at the official website: www.paratirowingthewoodlands.org
Mission Statement of Parati Competitive Rowing
Parati Competitive Rowing, a renowned organization, is dedicated to motivating teenagers towards lasting dedication through their co-educational youth development program. Servicing approximately 50 young individuals annually, this program encourages teenagers to participate in local, regional, and national level rowing competitions. By engaging in this sport, these teenagers not only develop their physical abilities but also foster discipline, teamwork, and resilience, which are valuable life skills. Parati Competitive Rowing's mission is to nurture the potential of these young individuals, inspiring a commitment that extends beyond their rowing careers.
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Impact
October, 2024
Parati Competitive Rowing significantly impacts the lives of teenagers in Spring, TX, by fostering lifelong commitments through its co-ed youth development program. Serving approximately 50 youths annually, the program emphasizes teamwork, discipline, and personal growth while engaging participants in competitive rowing at local, regional, and national levels.
By instilling core values such as resilience and dedication, Parati Competitive Rowing cultivates a positive environment where young athletes can thrive both on and off the water. The competitive nature of the sport challenges them to set and achieve goals, while the collective experience fosters strong friendships and a sense of community. Ultimately, this organization empowers teens to develop valuable life skills that extend beyond rowing, contributing to their overall success and well-being.
This information is meant to be a general summary of Parati Competitive Rowing. 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 2023.
- Investment Income: $47
- Program Service Revenue: $15,796
- Gross Receipts: $125,058
Assets and Liabilities:
- Total Assets: $192,147
- Total Liabilities: $63,549
- Net Assets: $128,598
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Organization Details
Principal Officer
Thomas Dalton
Main Address
PO BOX 8164, Spring, TX, 77387
NTEE Category
Code: N67 - Recreation
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