White Rock Boathouse Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 292 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE PURPOSE FOR WHICH THE CORP. IS ORGANIZED & TO BE OPERATED ARE EXCLUSIVELY EDUCATIONAL, CHARITABLE, & TO FOSTER NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION WITHIN THE MEANING OF SECTIONS 501(C)(3) & 501(J) OF THE CODE. IN ACCOMPLISHMENT OF SUCH PURPOSES, THE CORP. WILL: (I) PROMOTE THE PHYSICAL & MENTAL WELL-BEING OF THE YOUTH OF THE DALLAS-FT. WORTH METROPOLITAN AREA, THROUGH THE PROMOTION & INSTRUCTION OF AMATEUR ROWING BY PROVIDING CLINICS, WORKSHOPS, OR LESSONS, WHICH ARE MOST LIKELY TO ACHIEVE THIS ENDS; (II) PROMOTE, SPONSOR, & ADVANCE AN UNDERSTANDING & APPRECIATION OF THE SPORT OF ROWING IN THE DALLAS-FT. WORTH METROPOLITAN AREA, THROUGH PARTICIPATION IN RECREATIONAL & COMPETITIVE ROWING PROGRAMS & EVENTS, & REGULAR INSTRUCTIONAL PROGRAMS IN THE TECHNIQUES & SKILLS OF ROWING AT ALL ABILITY LEVELS, WHICH ARE MOST LIKELY TO ACHIEVE THIS ENDS; (III) RESTORATION, MAINTENANCE, LEASING & OPERATION OF THE HISTORIC WHITE ROCK LAKE BOATHOUSE, OWNED BY THE CITY OF DALLAS.
- Income
- $1.2 million
- Spending
- $1.4 million
- Spent on programs
- 85%
- Reserves
- 17.2 months of spending
- Largest source of income
- fees for its services, 70%
- Employees
- 12
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 69 out of 100. Higher than 52% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 17.2 months of spending.
Debt
20 of 20It owes 4% of what it owns.
Living within its means
4 of 15Spending exceeded income by 11% of income.
Income trend
10 of 15Income fell 6% on the year before.
Spending floor
0 of 1585% of spending went to programs and raising each dollar of donations cost 292 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 47% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
9 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. PROMOTE THE PHYSICAL AND MENTAL WELL BEING OF YOUTH THROUGH THE PROMOTION AND INSTRUCTION OF AMATEUR ROWING BY PROVIDING CLINICS, WORKSHOPS, AND LESSONS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.