Veterans Rowing & Kayaking Inc is a 501(c)(3) organization based in Sarasota, Florida, registered in 2014, with $25,525 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$26K
▼ 66.1% vs prior year
Recreation median: $129K
Expenses (FY2023)
$69K
Net assets
$502K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Veterans Rowing & Kayaking Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Veterans Rowing & Kayaking Inc: 87 mo reserves · -171% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Veterans Rowing & Kayaking Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Veterans Rowing & Kayaking Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $106K (FY2015) to $26K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-170.6%
Spent more than it raised in the latest fiscal year.
Total assets
$601K
Total liabilities
$99K
Net assets
$502K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $25,525▼66.1% | $69,064▲8.3% | $502,482▼8.0% | $601,184▼13.4% | 990 |
| 2022 | $75,363▲37.0% | $63,796▼7.8% | $546,021▲3.8% | $693,981▲2.6% | 990 |
| 2021 | $55,019▼90.5% | $69,225▼29.5% | $526,197▼2.6% | $676,117▼3.9% | 990 |
| 2020 | $578,592▲201% | $98,220▼57.5% | $540,403▲10077% | $703,486▲780% | 990 |
| 2018 | $191,988▲301% | $230,961▲45.9% | $5,310▼88.0% | $79,934▼25.7% | 990 |
| 2017 | $47,868▼39.8% | $158,353▲3.8% | $44,283▼55.1% | $107,638▼0.8% | 990 |
| 2016 | $79,563▼25.1% | $152,518▲232% | $98,583▲24.8% | $108,466▲33.7% | 990 |
| 2015 | $106,237 | $45,915 | $79,003 | $81,153 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Veterans Rowing & Kayaking Inc (EIN 80-0953424) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.