Road Runners Club Of America
- Assets
- $2.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carrboro, NC
- Founding
- 03/1976
- Data as of
- 12/2021
- EIN
- 56-1960216
Organization Overview
Road Runners Club Of America is located in Carrboro, NC. 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 $29.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
LE TOUR DE CARRBORO RACE SERIES THREE COMMUNITY ROAD RACES OFFER EVENTS TO 3300 PLUS FAMILY AND FRIENDS PROVIDE VOLUNTEER OPPORTUNITIES EARN FUNDS DIVIDED AMONG SIX LOCAL CHARITABLE PARTNER ORGANIZATIONS THAT ALL SUPPORT WELLNESS-RELATED CAUSES ONE OF THE THREE 2021 EVENTS WERE VIRTUAL AND ASYNCHRONOUS DUE TO COVID AND THE OTHER TWO ENABLED BOTH IN-PERSON AND VIRTUAL PARTICIPATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meredith Bolon Treasurer | 0 | $0 | |
Tina Clossick President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,640 |
| Other Revenue | $0 |
| Total Revenue | $29,640 |
| 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 | $148 |
| Other expenses | $1,197 |
| Total expenses | $28,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,530 |
| Other assets | $0 |
| Total assets | $2,530 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,530 |
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