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California · Nonprofit

Lake Merritt Rowing Club

Lake Merritt Rowing Club (California) receives grants from 4 organizations whose IRS filings report $13,101 to it, the largest being Fremont Bank Foundation ($8,000). 1 of them have funded it in more than one year.

Revenue FY2025
$255k
Funders on record
4
Grants received
$13k
Net assets
$569k
1/4 repeat funderspeak grant-dependency 3%
01What it does

What Lake Merritt Rowing Club does

Mission

To share the joy of rowing with the diverse community of the Bay Area including youth and other interested rowers.

As stated on its FY2025 Form 990.

Programs

  1. Lmrc member programs: open to all members of the oakland and bay area community, lmrc offers a range of programs from novice to intermediate to competitive as well as recreational and independent sculling programs engaging approximately 200 members annually and welcoming all regardless of ability to pay

    $66,945 spent
    80% of program spending
  2. Youth rowing: lake merritt youth rowing lmyr offers youngsters, ages 12-18, the chance to try the great sport of rowing on beautiful lake merritt in the heart of oakland participants build technique and skills in a fun, safe environment. No rowing experience is needed. Sessions give a positive, reliable, afterschool experience with continuous yearround coaching and the opportunity to build rowing skills and master this rewarding sport. Summer offers immersive, half day camps for rowers of all abilities in weeklong sessions. Over 100 participants per year.

    $11,710 spent
    14% of program spending
  3. Community learn to row: Lake Merritt Rowing Club community learn to row program is offered year round to all members over age 18 in the community. Designed for individuals that have little or no rowing experience. Rowers may be in singles or may experience rowing in a multiperson boat. The program engages approximately 100 adults annually. In addition, lmrc offered a learn to row program to the laney community college community free of charge.

    $5,196 spent
    6% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $83,851.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($182k) Expenses 100 ($118k) Net assets 100 ($316k)2018 Revenue 118 ($216k) Expenses 135 ($159k) Net assets 118 ($373k)2019 Revenue 120 ($219k) Expenses 174 ($204k) Net assets 122 ($387k)2020 Revenue 93 ($169k) Expenses 180 ($212k) Net assets 122 ($386k)2021 Revenue 140 ($255k) Expenses 194 ($229k) Net assets 131 ($413k)2022 Revenue 63 ($116k) Expenses 92 ($109k) Net assets 133 ($420k)2023 Revenue 134 ($244k) Expenses 132 ($156k) Net assets 161 ($509k)2024 Revenue 140 ($256k) Expenses 183 ($215k) Net assets 174 ($549k)2025 Revenue 140 ($255k) Expenses 197 ($232k) Net assets 180 ($569k)
'17'18'19'20'21'22'23'24'25
Revenue (140)Expenses (197)Net assets (180)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $389k to $463k (+19%).

$316k
$373k
$389k
$463k
$525k
$549k
$573k
$577k
$589k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

4% of Lake Merritt Rowing Club’s revenue is contributions — about as donation-reliant as the typical peer (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$65k
’17
$57k
’18
$14k
’19
−$43k
’20
$27k
’21
$7k
’22
$88k
’23
$40k
’24
$23k
’25
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'18'19'20'21'22'23'24'25
Listed131115111211119
Joined·+6+5+5+4+2+3+1
No longer listed·8193333
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $13 → $5k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Lake Merritt Rowing Club’s funders (the co-funder graph). Top 3 of 4 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Lake Merritt Rowing Club leans on a few funders — its largest provides 61% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

61%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 99% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Lake Merritt Rowing Club's grant income comes from California funders.

CA

In-state vs out-of-state, by year

’21
’23
California out of state home

Funder states come from each funder’s own filing. $101 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Lake Merritt Rowing Club holds deeper cash reserves than three-quarters of the 10,453 recreation & sports nonprofits its size.

Operating margin9% · above the median
Months of reserve19.2mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like Lake Merritt Rowing Club

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

36% of spending goes to programs.

Program 36%Management 64%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for Lake Merritt Rowing Club: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Lake Merritt Rowing Club?
Lake Merritt Rowing Club (California) receives grants from 4 organizations whose IRS filings report $13,101 to it, the largest being Fremont Bank Foundation ($8,000). 1 of them have funded it in more than one year.
How many funders does Lake Merritt Rowing Club have?
IRS filings report 4 organizations giving $13,101 in grants to Lake Merritt Rowing Club, 1 of which have funded it in more than one year.
Who is the largest funder of Lake Merritt Rowing Club?
Fremont Bank Foundation is the largest funder on record, with $8,000 in grants. The full list of funders is on this page.
How can an organization like Lake Merritt Rowing Club find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lake Merritt Rowing Club →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing