Classic 10k Road Race Inc is located in Middletown, NY. The organization was established in 2008. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classic 10k Road Race Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2019, Classic 10k Road Race Inc generated $39.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $56.3k during the year ending 08/2019. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
OPPORTUNITY FOR RUNNERS TO RUN A COMPETITIVE 10K & 5K ROAD RACE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Francis Giannino Pres | 0 | $0 | |
George Shurter Treas | 0 | $0 | |
Wayne Beam VP | 0 | $0 | |
David Billings VP | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $15,185 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $24,525 |
Total Revenue | $39,710 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $360 |
Other expenses | $55,955 |
Total expenses | $56,315 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $10,772 |
Other assets | $0 |
Total assets | $10,772 |
Total liabilities | $0 |
Net assets or fund balances | $10,772 |