Overview
What is The Virginia Rowing Association At The University Of Virginia Inc?
The Virginia Rowing Association at the University of Virginia is a nonprofit organization, serving as a hub for the community's interest in rowing. Situated within the University, it offers an opportunity for individuals to familiarize themselves with the sport while providing a designated storage area for the University of Virginia's women's crew's boats in the boathouse. The association's mission is to foster the growth of rowing within the community and support the University's women's crew team.
Official website here: www.virginiarowing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating. The Virginia Rowing Association at the University of Virginia Inc has received a Two-Star rating, indicating a moderate level of accountability and financial health. The overall score is based entirely on the Accountability & Finance beacon, which scored 69 out of 100.
Strengths of the organization include a high level of independence among board members, with 92% of the board being independent, and a robust program expense ratio of 95.72%, suggesting that a significant majority of funds are directed towards programmatic activities. Additionally, they have no reported material diversion of assets, reflecting sound financial management.
However, the organization does have notable limitations, including the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which contributed to lower accountability ratings. Despite a solid financial structure, these governance gaps could impact the organization’s overall credibility and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is The Virginia Rowing Association At The University Of Virginia Inc legitimate?
The Virginia Rowing Association At The University Of Virginia Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Virginia Rowing Association At The University Of Virginia 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: $90,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,615
For more financial information, click here
Official website here: www.virginiarowing.org
What is the mission statement of The Virginia Rowing Association At The University Of Virginia Inc?
The Virginia Rowing Association at the University of Virginia Inc serves a dual purpose. Primarily, it facilitates the learning of rowing for the local community. Secondly, it offers storage space for the University of Virginia women's crew, accommodating their boats in the boathouse. While the organization's main mission is not explicitly stated, its activities suggest a commitment to promoting and supporting the sport of rowing for various individuals.
Official website here: www.virginiarowing.org
Who is the CEO of The Virginia Rowing Association At The University Of Virginia Inc?
Andrew K Fletcher is the President of The Virginia Rowing Association At The University Of Virginia Inc.
Official website here: www.virginiarowing.org
What is the revenue of The Virginia Rowing Association At The University Of Virginia Inc?
The Virginia Rowing Association At The University Of Virginia Inc's revenue in 2022 was $585,282.
Official website here: www.virginiarowing.org
Who are the executives of The Virginia Rowing Association At The University Of Virginia Inc and what are their salaries?
The average compensation at The Virginia Rowing Association At The University Of Virginia Inc during 2022 was $45,936. There are 3 employees and 40 volunteers at The Virginia Rowing Association At The University Of Virginia Inc.
Here are 13 key members and their salaries:
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Official website here: www.virginiarowing.org
Where can I find the form 990 for The Virginia Rowing Association At The University Of Virginia Inc?
The Virginia Rowing Association At The University Of Virginia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiarowing.org
Learn more at the official website: www.virginiarowing.org
Mission Statement of The Virginia Rowing Association At The University Of Virginia Inc
The Virginia Rowing Association at the University of Virginia, in its mission, aims to facilitate the learning of rowing for community members and offers a storage space for the University of Virginia women's crew team. This nonprofit organization is instrumental in promoting the sport of rowing within its community, and it extends a generous provision of boat storage facilities to the University of Virginia's women's crew team. By doing so, it supports the growth and development of rowing at the university level and encourages community involvement in the sport.
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Impact
July, 2024
The Virginia Rowing Association at the University of Virginia has a significant impact on the community by providing opportunities for individuals to learn the sport of rowing. Additionally, the association plays a crucial role in supporting the University of Virginia women's crew by offering storage space for their boats in the boathouse. Through these initiatives, the association promotes physical activity, teamwork, and a sense of community among its members.
This information is meant to be a general summary of The Virginia Rowing Association At The University Of Virginia 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.
- Investment Income: $639
- Program Service Revenue: $282,440
- Gross Receipts: $585,282
Assets and Liabilities:
- Total Assets: $3,111,248
- Total Liabilities: $149,708
- Net Assets: $2,961,540
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT DUES/FEES
Revenue
$103,860
SUMMER CAMP FEES
Revenue
$90,986
RENTAL INCOME
Revenue
$68,077
EQUIPMENT RENTAL
Revenue
$13,830
SPONSORSHIP
Revenue
$5,687
Organization Details
Founding Year
1997
Phone
(434) 293-8191Principal Officer
Andrew K Fletcher
Main Address
250 EAST HIGH STREET, CHARLOTTESVILLE, VA, 229025178
Website
www.virginiarowing.orgNTEE Category
Code: N41Z - Recreation
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