Runegades Inc
- Assets
- $82.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenixville, PA
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-0686962
Organization Overview
Runegades Inc is located in Phoenixville, PA. The organization was established in 2019. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Runegades 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 12/2023, Runegades Inc generated $136.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $187.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTH, WELLNESS AND COMMUNITY ENGAGEMENT THROUGH WEEKLY GROUP RUNS AND CHARITABLE FOCUSED RUNNING EVENTS.
Describe the Organization's Program Activity:
Part 3
THE JIM THORPE AREA RUNNING FESTIVAL HAD PARTICIPANTS RUN VARIOUS DISTANCES(7.1, 13.1 AND 26.2 MILES) TO PROMOTE HEALTH AND WELLNESS AND TO RAISE MONEY AND AWARENESS FOR TURN TO US INC, A JIM THORPE BASED CHARITABLE NON PROFIT AND OTHER JIM THORPE BASED CHARITIES.
THE RESOLVE TO RUN WINTER CHALLENGE CHALLENGED PARTICIPANTS TO COMPLETE 125, 225, OR 300 MILES OF RUNNING OVER THE COURSE OF THE WINTER, THUS PROMOTING HEALTH AND WELLNESS. IT ALSO RAISED MONEY AND AWARENESS FOR PHOENIXVILLE AREA COMMUNITY SERVICES, A COLLEGEVILLE, PA AREA FOOD BANK.
VARIOUS RUNS HAD PARTICIPANTS RUN EITHER 13.1 OR 4.1 MILES TO PROMOTE HEALTH AND WELLNESS AND RAISE MONEY AND AWARENESS FOR THE DAILY BREAD FOOD PANTRY, A COLLEGEVILLE PA FOOD BANK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tristan Edwards-Wright COO | 15 | $20,500 | |
Michael Ragozzino CEO | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $136,079 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,079 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,500 |
| Professional fees and other payments to independent contractors | $65,785 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,982 |
| Other expenses | $96,007 |
| Total expenses | $187,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,132 |
| Other assets | $0 |
| Total assets | $82,132 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,132 |