The Cooper River Bridge Run Inc
- Assets
- $2.1m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Mount Pleasant, SC
- Founding
- 05/1997
- Data as of
- 06/2022
- 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 06/2022, Cooper River Bridge Run Inc employed 8 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 06/2022, Cooper River Bridge Run Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
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 PROMOTION OF HEALTH AND WELLNESS THROUGH OUR ANNUAL 10-K RACE AND EXPOSITIONS. THE 2021 COOPER BRIDGE RUN WAS SCHEDULED FOR MARCH 27, 2021, AND WAS SUBSEQUENTLY RESCHEDULED TO SEPTEMBER 25, 2021 DUE TO COVID-19 CONCERNS. THE ORGANIZATION HAD ITS REGULARLY SCHEDULED RACE ON APRIL 2, 2022. ACCORDINGLY, THE ORGANIZATION HAS (2) RACES IN THE JUNE 30, 2022 FISCAL YEAR AND NO RACES IN THE YEAR ENDED JUNE 30, 2021. (SEE SCHEDULE O)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irv Batten Race Directo | Officer | 40 | $72,083 |
Paul Wieters Chair | OfficerTrustee | 1 | $0 |
Nicole Harvey Treasurer | Officer | 1 | $0 |
Lisa Deaton Board Member | Trustee | 1 | $0 |
Steve Gergick Board Member | Trustee | 1 | $0 |
David Bennett Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $169,756 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,046,495 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,216,251 |
| Total Program Service Revenue | $2,712,475 |
| Investment income | $956 |
| 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 | $55,566 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,000,742 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $65,638 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $228,567 |
| Pension plan accruals and contributions | $8,217 |
| Other employee benefits | $30,000 |
| Payroll taxes | $21,855 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,640 |
| Fees for services: Accounting | $11,213 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $82,746 |
| Office expenses | $180,235 |
| Information technology | $6,588 |
| Royalties | $0 |
| Occupancy | $91,226 |
| Travel | $2,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,611 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,718 |
| Insurance | $33,737 |
| All other expenses | $0 |
| Total functional expenses | $3,113,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,184,611 |
| Savings and temporary cash investments | $293,887 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,610 |
| 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 | $624,301 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,106,409 |
| Accounts payable and accrued expenses | $166,147 |
| Grants payable | $0 |
| Deferred revenue | $219,990 |
| 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 | $386,137 |
| Net assets without donor restrictions | $1,720,272 |
| 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 | $2,106,409 |
Grants Awarded
Over the last fiscal year, The Cooper River Bridge Run Inc has awarded $57,338 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Charleston, SC PURPOSE: GENERAL OPERATING | $17,243 |
Kennesaw, GA PURPOSE: GENERAL OPERATING | $6,590 |
Chicago, IL PURPOSE: GENERAL OPERATING | $5,850 |
Irmo, SC PURPOSE: GENERAL OPERATING | $5,804 |
Charleston, SC PURPOSE: GENERAL OPERATING | $5,780 |
Charleston, SC PURPOSE: GENERAL OPERATING | $5,650 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Cooper River Bridge Run Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Charlotte Country Club Inc Charlotte, NC | $46,999,419 | $24,642,018 |
Carolina Country Club Company Raleigh, NC | $25,311,282 | $14,725,345 |
Alpha Delta Pi Sorority Atlanta, GA | $18,755,038 | $19,005,623 |
Greenville Country Club Greenville, SC | $30,935,703 | $16,712,012 |
Dunwoody Country Club Inc Atlanta, GA | $25,487,572 | $16,307,962 |
Augusta Country Club Incorporated Augusta, GA | $39,567,278 | $12,683,205 |
Greensboro Country Club Incorporated Greensboro, NC | $22,272,638 | $13,710,701 |
Country Club Of Charleston Charleston, SC | $25,438,574 | $12,590,239 |
Forsyth Country Club Co Winstonsalem, NC | $21,426,181 | $13,216,757 |
Marietta Country Club Inc Marietta, GA | $17,982,979 | $11,841,718 |
Sea Pines Country Club Inc Hilton Head Island, SC | $17,466,961 | $9,158,172 |