The Cooper River Bridge Run Inc
- Assets
- $2.4m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Mount Pleasant, SC
- Founding
- 05/1997
- Data as of
- 06/2023
- EIN
- 57-0851891
Organization Overview
The Cooper River Bridge Run Inc is located in Mount Pleasant, SC. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Cooper River Bridge Run Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooper River Bridge Run 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 06/2023, Cooper River Bridge Run Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $2.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Cooper River Bridge Run Inc has awarded 18 individual grants totaling $153,554. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE COOPER RIVER BRIDGE RUN, INC. PROVIDES A WORLD CLASS 10-K ROAD RACE AND OTHER RELATED EVENTS AND PROMOTES CONTINUOUS PHYSICAL ACTIVITY AND A HEALTHY LIFESTYLE THROUGH EDUCATION, OPPORTUNITY AND MOTIVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COOPER RIVER BRIDGE RUN IS THE BEST ORGANIZED AND BEST CONDUCTED 10-K RACE IN THE WORLD. IT INCLUDES WORLD-CLASS COMPETITION IN A UNIQUE SETTING WITH UNPARALLELED PARTICIPANT SATISFACTION. IT BROADENS COMMUNITY COOPERATION AND PARTICIPATION IN HEALTHY EVENTS THROUGHOUT THE YEAR. THE COOPER RIVER BRIDGE RUN SERVES AS A MODEL OF HEALTH MOTIVATION FOR OTHER COMMUNITIES THROUGHOUT THE WORLD. THE 2023 COOPER BRIDGE RUN TOOK PLACE ON APRIL 1, 2023. (SEE SCHEDULE O)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wes Dudgeon Chair | OfficerTrustee | 1 | $0 |
Nicole Harvey Treasurer | Officer | 1 | $0 |
Paul Wieters Board Member | Trustee | 1 | $0 |
David Bennett Board Member | Trustee | 1 | $0 |
Lisa Deaton Board Member | Trustee | 1 | $0 |
Steve Gergick Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $190,437 |
| All other contributions, gifts, grants, and similar amounts not included above | $594,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $785,149 |
| Total Program Service Revenue | $1,684,563 |
| Investment income | $7,289 |
| 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 | $61,505 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,539,940 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $94,295 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $25,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,637 |
| Pension plan accruals and contributions | $7,521 |
| Other employee benefits | $29,000 |
| Payroll taxes | $22,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $195,029 |
| Office expenses | $105,111 |
| Information technology | $15,133 |
| Royalties | $0 |
| Occupancy | $38,602 |
| Travel | $1,726 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,308 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,550 |
| Insurance | $15,415 |
| All other expenses | $0 |
| Total functional expenses | $2,226,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,154,905 |
| Savings and temporary cash investments | $598,914 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,000 |
| 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 | $12,500 |
| Net Land, buildings, and equipment | $592,751 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,398,070 |
| Accounts payable and accrued expenses | $74,747 |
| Grants payable | $0 |
| Deferred revenue | $289,953 |
| 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 | $364,700 |
| Net assets without donor restrictions | $2,033,370 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,398,070 |
Grants Awarded
Over the last fiscal year, The Cooper River Bridge Run Inc has awarded $84,295 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COASTAL COMMUNITY FOUNDATIONOF SOUTH CAROLINA PURPOSE: GENERAL FUND | $25,000 |
LOWCOUNTRY FOOD BANK PURPOSE: GENERAL OPERATING | $5,905 |
MUSC FOUNDATION PURPOSE: GENERAL OPERATING | $14,510 |
RONALD MCDONALD HOUSE OF CHARLESTON PURPOSE: GENERAL OPERATING | $5,305 |
PET HELPERS PURPOSE: GENERAL OPERATING | $8,005 |
SPECIAL OLYMPLICS OF SOUTH CAROLINA PURPOSE: GENERAL OPERATING | $7,460 |