Fairhaven Road Race Inc
- Assets
- $5.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairhaven, MA
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-1679331
Organization Overview
Fairhaven Road Race Inc is located in Fairhaven, MA. The organization was established in 2008. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. Fairhaven 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 12/2022, Fairhaven Road Race Inc generated $29.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $28.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
AFTER SUSPENDING THE RACE FOR TWO YEARS DUE TO THE COVID-19 OUTBREAK, THE COMMITTEE OF THE FAIRHAVEN ROAD RACE INC., IN KEEPING WITH ITS ORGANIZATIONAL PURPOSE, ORGANIZED A ROAD RACE HELD IN FAIRHAVEN, MA ON FATHER'S DAY JUNE 19,2022. OVER 950 RUNNERS PARTICIPATED IN THE 5 KILOMETER RACE. ALL OF THE PLANNING FOR THE RACE AND THE WORK ON RACE DAY WAS DONE BY VOLUNTEERS AND MANY PEOPLE IN THE COMMUNITY TURNED OUT TO ENCOURAGE THE RUNNERS. AFTER PAYING THE EXPENSES INCIDENT TO THE RACE AND RESERVING A SMALL AMOUNT FOR THE PLANNED 2023 RACE, THE RACE COMMITTEE WAS ABLE TO DONATE A TOTAL OF $16,200 TO VARIOUS LOCAL CIVIC AND CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen E Days Sr President | 2 | $0 | |
Charles Murphy Director | 2 | $0 | |
Carol Ann Days-Merrill Director | 2 | $0 | |
Heidi Hacking Secretary | 2 | $0 | |
Thomas Wojcik Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,850 |
| Total Program Service Revenue | $18,450 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,308 |
| 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 | $0 |
| Other expenses | $12,610 |
| Total expenses | $28,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,794 |
| Other assets | $0 |
| Total assets | $5,794 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,794 |