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Scholastic Rowing Association Of America

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 550818433 ✦ Wycombe, PA ✦ Designated as a 501(c)(3)

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Overview

What is Scholastic Rowing Association Of America?

The Scholastic Rowing Association of America, located in Wycombe, Pennsylvania, serves as a dedicated nonprofit organization. Its primary mission is to promote rowing among students and annually organize a regatta that welcomes schools from around the world. This event, known as the SRAA National Championship Regatta, provides a platform for scholastic rowers to compete for national titles. The association's activities contribute to fostering rowing as a sport for students, thereby enriching their experiences and skills.


Official website here: www.sraa.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Scholastic Rowing Association of America has received a Three-Star rating from Charity Navigator, which reflects a score of 76% based primarily on its Accountability & Finance metrics. This rating emphasizes the organization’s financial practices, showcasing strengths such as a fully independent board and a high program expense ratio of 90.93%, indicating that most of its funds are directed towards its programs.

However, the organization has notable limitations in its governance practices. Missing policies on conflict of interest, whistleblower protection, and document retention have contributed to a lower overall score in these areas. Additionally, the absence of the nonprofit's tax form on its website, as required, has further impacted its rating negatively.

Overall, while the Scholastic Rowing Association of America demonstrates solid financial management and governance through its independent board structure, it must address its policy shortcomings to improve its accountability and transparency to stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Scholastic Rowing Association Of America legitimate?

Scholastic Rowing Association Of America is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholastic Rowing Association Of America 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: $0

For more financial information, click here


Official website here: www.sraa.net

What is the mission statement of Scholastic Rowing Association Of America?

The Scholastic Rowing Association of America's mission is centered around promoting rowing among students and organizing an annual regatta that is open to schools globally. Their primary goal is to encourage the sport of rowing among students, fostering a competitive spirit and providing an opportunity for national recognition. They achieve this by hosting the SRAA National Championship Regatta, where scholastic rowers from various schools compete for national titles. This event serves as a platform for showcasing talent, fostering camaraderie, and promoting the sport on a larger scale.


Official website here: www.sraa.net

Who is the CEO of Scholastic Rowing Association Of America?

Craig Hoffman is the Trustee of Scholastic Rowing Association Of America.


Official website here: www.sraa.net

What is the revenue of Scholastic Rowing Association Of America?

Scholastic Rowing Association Of America's revenue in 2022 was $129,802.


Official website here: www.sraa.net

Who are the executives of Scholastic Rowing Association Of America and what are their salaries?

There 13 volunteers at Scholastic Rowing Association Of America.


Here are 13 key members and their salaries:


Kit Bennett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Dameo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Duff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Gallagher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Godwin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trinath Goteti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Hoffman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duncan Hudson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Licata (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Macnamara (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Musial (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Suter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sraa.net

Where can I find the form 990 for Scholastic Rowing Association Of America?

Scholastic Rowing Association Of America's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sraa.net

Learn more at the official website: www.sraa.net

Mission Statement of Scholastic Rowing Association Of America

The Scholastic Rowing Association of America, abbreviated as SRAA, is dedicated to promoting rowing among students and organizing an annual regatta that welcomes schools from all around the world. Their primary mission is to cultivate a passion for rowing amongst students, providing them with a platform to showcase their skills and compete for national titles. As a result, they stage the SRAA National Championship Regatta, an event that serves as a testament to their commitment to fostering rowing as a competitive sport for scholastic rowers.

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Impact




October, 2024

The Scholastic Rowing Association of America plays a significant role in promoting and developing rowing among students across the nation and internationally. Its primary impact lies in fostering a competitive yet inclusive environment where young athletes can thrive in the sport of rowing. By organizing the annual SRAA National Championship Regatta, the association provides a prestigious platform for scholastic rowers to compete for national titles, thereby showcasing their skills and dedication.

This event not only elevates the status of rowing in educational settings but also encourages teamwork, discipline, and athletic excellence among student participants. Additionally, the association's commitment to inclusivity ensures that schools from around the world can participate, creating a global community of young athletes who share a passion for rowing. Ultimately, the Scholastic Rowing Association of America enhances the recreational landscape for students, promotes physical fitness, and inspires future generations of rowers.




This information is meant to be a general summary of Scholastic Rowing Association Of America. 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.

Revenue
$129,802 (2022)
Expenses
$141,719 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $16,331
  • Program Service Revenue: $97,141
  • Gross Receipts: $165,246

Assets and Liabilities:

  • Total Assets: $421,987
  • Total Liabilities: $0
  • Net Assets: $421,987

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGATTA ENTRY FEES

Revenue

$64,770

REGATTA SHIRT SALE

Revenue

$32,371

Organization Details

Founding Year

2003

Principal Officer

Craig Hoffman

Main Address

PO BOX 125, WYCOMBE, PA, 18980

NTEE Category

Code: N67 - Recreation

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