Algonquin Ultras Inc
- Assets
- $60.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fruitland, MD
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 82-1761778
Organization Overview
Algonquin Ultras Inc is located in Fruitland, MD. The organization was established in 2017. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Algonquin Ultras 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 12/2022, Algonquin Ultras Inc generated $123.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $121.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S INITIATIVE IS TO RAISE AWARENESS FOR AND INCREASE ACCESS TO ESTABLISHED RECREATIONAL TRAILS ACROSS DELMARVA THROUGH ULTRA-DISTANCE RUNNING EVENTS. THE ORGANIZATION AND ITS RACES ARE COMMUNITY-BASED, ECO-FRIENDLY, VOLUNTEER-SUPPORTED, NON-PROFIT EVENTS WHOSE MISSION IS TO PROMOTE, MAINTAIN, AND INCREASE TRAILS ON DELMARVA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Swift Director | 1 | $0 | |
Michael Swanson President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $122,003 |
| Total Revenue | $123,253 |
| 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 | $79 |
| Occupancy, rent, utilities, and maintenance | $43,892 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,460 |
| Total expenses | $121,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,765 |
| Other assets | $0 |
| Total assets | $60,765 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,765 |