Road Runners Club Of America
- Assets
- $280.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 06/1976
- Data as of
- 12/2021
- EIN
- 23-7202729
Organization Overview
Road Runners Club Of America is located in Virginia Beach, VA. The organization was established in 1976. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Road Runners Club Of America 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 12/2021, Road Runners Club Of America generated $198.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $257.7k during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Hicks President | 30 | $0 | |
Randy Cook Vice President | 5 | $0 | |
Peter Pommerenk Secretary | 5 | $0 | |
Timothy Robinson Treasurer | 10 | $0 | |
James Martin Director | 5 | $0 | |
Kim Borges Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,582 |
| Total Program Service Revenue | $137,302 |
| Membership dues | $24,119 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,710 |
| Other Revenue | $325 |
| Total Revenue | $198,044 |
| 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 | $12,727 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $358 |
| Other expenses | $210,142 |
| Total expenses | $257,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,682 |
| Other assets | $0 |
| Total assets | $280,151 |
| Total liabilities | $58,004 |
| Net assets or fund balances | $222,147 |
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