Road Runners Club Of America
- Assets
- $669.0k
- Revenue
- $671.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Rockville, MD
- Founding
- 03/1976
- Data as of
- 12/2022
- EIN
- 74-2112511
Organization Overview
Road Runners Club Of America is located in Rockville, MD. The organization was established in 1976. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Road Runners Club Of America employed 2 individuals. 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 12/2022, Road Runners Club Of America generated $671.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $635.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENCOURAGE THE SPORT OF RUNNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND RUNNING PROGRAMS AND RACE OPERATIONS PROVIDED SERVICES FOR COMPETITIVE AND NONCOMPETITIVE EVENTS OPEN TO APPROXIMATELY 2,000 MEMBERS AND THE GENERAL PUBLIC.
PROVIDED $2,000 SCHOLARSHIP GRANTS EACH TO 2 INDIVIDUALS/ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Murphy President | OfficerTrustee | 12 | $0 |
Sherene Sepehri Vice President | OfficerTrustee | 12 | $0 |
Ashish Gupta Treasurer | OfficerTrustee | 12 | $0 |
Jane Heinrichs Secretary | OfficerTrustee | 12 | $0 |
Elliott A Alman Member At Large | Trustee | 6 | $0 |
Jim Dahlem Member At Large | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $80,983 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,883 |
| Total Program Service Revenue | $525,965 |
| Investment income | $7,252 |
| 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 | $12,981 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $671,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,000 |
| 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. | $81,000 |
| Compensation of current officers, directors, key employees. | $5,670 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,292 |
| Advertising and promotion | $505 |
| Office expenses | $15,518 |
| Information technology | $15,514 |
| Royalties | $0 |
| Occupancy | $21,685 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,829 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,975 |
| Insurance | $15,606 |
| All other expenses | $0 |
| Total functional expenses | $635,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,728 |
| 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 | $9,973 |
| Investments—publicly traded securities | $324,262 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $668,963 |
| 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 | $3,562 |
| Total liabilities | $3,562 |
| Net assets without donor restrictions | $665,401 |
| 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 | $668,963 |