Form 990 for tax year 2024
Filed by OLYMPIA AREA ROWING ASSOCIATION.
Totals
- Total revenue
- $300,644
- Total expenses
- $323,252
- Contributions and grants received
- $38,657
- Grants paid
- $0
- Program service revenue
- $259,209
- Investment income
- $2,778
- Other revenue
- $0
- Total assets, end of year
- $428,335
- Total liabilities, end of year
- $72,215
- Net assets or fund balances, end of year
- $356,120
- Program services expenses (Part IX)
- $313,198
- Management and general expenses
- $10,054
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $313,198
Program services were 96.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$1,082
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$37,575
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Adult Membership
total $36,510 · related or exempt $36,510 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Youth program fees
total $166,710 · related or exempt $166,710 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Adult program fees
total $26,678 · related or exempt $26,678 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Adult rowing classes
total $17,529 · related or exempt $17,529 · unrelated business $0 · excluded $0
-
2e · Program service revenue: Leasing of boat storage space
total $11,782 · related or exempt $11,782 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $1,528 · related or exempt $1,528 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $1,250
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $1,250
-
7d · Net gain or loss
total $1,250 · related or exempt $1,250 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$1,082
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $132,556 · program services $127,797 · management and general $4,759 · fundraising $0
-
10 · Payroll taxes
total $13,194 · program services $12,246 · management and general $948 · fundraising $0
-
11c · Fees: accounting
total $2,275 · program services $0 · management and general $2,275 · fundraising $0
-
12 · Advertising and promotion
total $1,201 · program services $1,201
-
16 · Occupancy
total $39,470 · program services $39,470
-
20 · Interest
total $1,049 · program services $1,049
-
22 · Depreciation, depletion and amortization
total $40,931 · program services $40,931
-
23 · Insurance
total $7,780 · program services $7,780
-
24a · Other expenses: Regatta expense
total $31,095 · program services $31,095 · management and general $0 · fundraising $0
-
24b · Other expenses: Equipment maintenance and repair
total $26,805 · program services $26,805 · management and general $0 · fundraising $0
-
24c · Other expenses: Bank service charges
total $7,737 · program services $5,665 · management and general $2,072 · fundraising $0
-
24d · Other expenses: Program & training expense
total $9,545 · program services $9,545 · management and general $0 · fundraising $0
-
24e · All other expenses
total $9,614 · program services $9,614
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $119,779 · end of year $113,293
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $1,750
-
10a · Land, buildings and equipment: cost or other basis
$818,607
-
10b · Land, buildings and equipment: accumulated depreciation
$505,315
-
10c · Land, buildings and equipment, net
beginning of year $310,241 · end of year $313,292
-
11 · Investments: publicly traded securities
beginning of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0
-
15 · Other assets
beginning of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $8,547 · end of year $9,975
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $42,745 · end of year $62,240
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $378,728 · end of year $356,120
Mission and programs · 2024
Mission
The purpose of the Olympia Area Rowing Association is to promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a community facility that is devoted to these sports.
Activities or mission (Part I)
To promote, foster, and facilitate the sports of rowing and paddling human-powered watercraft; to preserve the heritage and history of these sports; and to organize and operate a community facility that is devoted to these sports.
-
Provided rowing education and training programs to youth and adults; Conducted spring, summer, fall, and winter rowing programs for about 55 Youth girls and boys aged 12-18; conducted spring, summer, fall, and winter adult coached programs for approximately 50 adults. Conducted learn to row classes for approximately 25 adults who were new to the sport, and provided access to facilities and instruction, to a community youth camp that introduced youth to various water sports.
Expenses $271,916 · Grants $1,000 · Revenue $249,574
-
Developed and maintained water access (docks, ramps, and boat storage) for various categories of rowed boats; provided recreational rowing opportunities for approximately 80 adult members and 55 youth participants; provided water access and storage facilities for the City of Olympia Parks, Arts, and Recreation Department; provided water access (use of dock) to members of the general public who use kayaks, canoes, paddle boards, and other human-powered craft.
Expenses $41,282 · Revenue $48,291
As filed on the 2024 return.
Listed in Part VII
-
Jeromy Jording
Parent Representative
- Total calculated
- $0
- Hours/week
- 5
-
Alyson Piskorowski
Parent Representative
- Total calculated
- $0
- Hours/week
- 5
-
Luci Dimmick
At Large Director
- Total calculated
- $0
- Hours/week
- 5
-
Brian Dively
At Large Director
- Total calculated
- $0
- Hours/week
- 5
-
Miles Micheletti
At Large Director
- Total calculated
- $0
- Hours/week
- 5
-
Helen Kramer
At Large Director
- Total calculated
- $0
- Hours/week
- 5
-
Alex Smith
President
- Total calculated
- $0
- Hours/week
- 10
-
Steph Krupp
Vice President
- Total calculated
- $0
- Hours/week
- 10
-
Nancy Drushella
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Liz Dykstra
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Kathryn Reith
Captain
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 September 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543099349304009
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