Potomac River Running Charitable And Educational Events
- Assets
- $312.0
- Revenue
- $34.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac Falls, VA
- Founding
- 02/2010
- Data as of
- 12/2017
- EIN
- 27-0963015
Organization Overview
Potomac River Running Charitable And Educational Events is located in Potomac Falls, VA. The organization was established in 2010. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac River Running Charitable And Educational Events 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 12/2017, Potomac River Running Charitable And Educational Events generated $34.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $37.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY ACTIVITY IS TO ORGANIZE AND CONDUCT CHARITY FOOT RACE COMPETITIONS AND FUN RUNS IN THE GREATER WASHINGTON, DC METRO AREA. THE EVENTS WILL BE OPEN TO THE PUBLIC AT LARGE AND WILL RAISE MONEY FOR THE BENEFIT OF OTHER NONPROFIT ENTITIES. ADDITIONALLY, THE ORGANIZATION WILL ALSO PRESENT LECTURES AND CLINICS TO THE PUBLIC DEMONSTRATING SAFE AND HEALTHY RUNNING AND WALKING TECHNIQUES AND EXPLANING THE HEALTH BENEFITS OF RUNNING AND WALKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZE AND CONDUCT CHARITY FOOT RACE COMPETITIONS AND FUN RUNS IN THE GREATER WASHINGTON, DC METRO AREA.
LECTURES AND CLINICS TO THE PUBLIC DEMONSTRATING SAFE RUNNING AND WALKING TECHNIQUES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Pugsley President | OfficerTrustee | 5 | $0 |
William Shapiro Secretary, Director | OfficerTrustee | 1 | $0 |
Raymond Pugsley Vice President | OfficerTrustee | 2 | $0 |
Joseph Boyle Director | Trustee | 1 | $0 |
Edward Zerkle Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,655 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,155 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,013 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,142 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,005 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,286 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,096 |
| Office expenses | $115 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $16 |
| Total functional expenses | $37,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $312 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $312 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $312 |
Grants Awarded
Over the last fiscal year, Potomac River Running Charitable And Educational Events has awarded $32,005 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Myer, VA PURPOSE: Contributions are made with the general understanding that funding will be used to support specific programs that are aligned with the interests of the Organization. General contributions are made to well-established organizations known for successfully accomplishing specific goals of interest. | $32,005 |
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|---|---|---|
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Johnny Mac Soldiers Fund Inc Ashburn, VA | $3,599,907 | $5,224,033 |
Ujft Community Campus L L C Virginia Beach, VA | $22,712,202 | $1,877,122 |
Generations Inc Memphis, TN | $2,391,169 | $2,284,255 |
Francis P Chiaramonte Md Family Foundation Inc Alexandria, VA | $42,064,981 | $1,988,575 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |
Foundation For Financial Planning Inc Washington, DC | $30,168,381 | $3,652,624 |
A Step Ahead Foundation Inc Memphis, TN | $3,137,526 | $2,423,176 |
Autozoner Assistance Fund Inc Memphis, TN | $1,988,697 | $1,522,560 |
Chime Foundation Incorporated Baltimore, MD | $16,891,967 | $1,095,454 |
Richmond Fisher House Founation Richmond, VA | $1,722,892 | $357,614 |