Reston Triathlon Associates Inc is located in Fairfax, VA. The organization was established in 2019. 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. Reston Triathlon Associates 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 12/2021, Reston Triathlon Associates Inc generated $13.8k 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 (9.6%) each year. All expenses for the organization totaled $4.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (46.3%) per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESTON TRIATHLON ASSOCIATION, INC. ORGANIZES AND CONDUCTS THE RESTON TRIATHLON ANNUALLY EACH SUMMER AND HELPS SUPPORT OTHER ATHLETIC EVENTS IN THE COMMUNITY INCLUDING PLAYING A MAJOR ROLE IN THE 2015 WORLD POLICE AND FIRE GAMES WHICH WERE HELD IN FAIRFAX COUNTY, VIRGINIA, WHERE RESTON IS LOCATED. THESE EVENTS ARE DIRECTLY CONNECTED TO AND IN FURTHERANCE OF THE EXEMPT PURPOSE OF THE ORGANIZATION, AS STATED IN OUR BY-LAWS, BY BRINGING TOGETHER THE ENTIRE RESTON COMMUNITY AS WELL AS ATHLETES AND FANS FROM AROUND THE COUNTRY AND AROUND THE WORLD TO PARTICIPATE IN THIS DEMANDING AMATEUR SPORTING EVENT WHETHER AS AN ATHLETE, A VOLUNTEER OR A SPECTATOR TO ENJOY AND LEARN MORE ABOUT THE SPORTS THAT COMPRISE A TRAITHLON. THE ATHLETES VILLAGE FOR THE 2015 WORLD POLICE AND FIRE GAMES WAS IN RESTON AND THE EVENT HOSTED 12,000 ATHLETES FROM 70 COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGINIZED AND CONDUCTED THE 2018 RESTON TRIATHLON WHICH IS DIRECTLY CONNECTED TO AND IN FURTHERANCE OF THE EXEMPT PURPOSE OF THE ORGINIZATION, AS STATED IN OUR BY-LAWS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Rostant Treasurer | OfficerTrustee | $0 | |
David Tipler President | OfficerTrustee | 5 | $0 |
Mary Ellen Wolf Secretary | OfficerTrustee | $0 | |
Bunny Bonnes Past Preside | Trustee | $0 | |
John Schaller Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,138 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,138 |
Total Program Service Revenue | $3,652 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,790 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $181 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,179 |
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 | $195 |
Total functional expenses | $4,555 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $25,554 |
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 | $25,554 |
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 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $25,554 |
Total liabilities and net assets/fund balances | $25,554 |
Over the last fiscal year, we have identified 1 grants that Reston Triathlon Associates Inc has recieved totaling $5,088.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,088 |
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