Running Industry Diversity Coalition
- Assets
- $421.5k
- Revenue
- $741.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Marysville, WA
- Founding
- Data as of
- 12/2023
- EIN
- 86-3565348
Organization Overview
Running Industry Diversity Coalition is located in Marysville, WA. According to its NTEE Classification (N03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Running Industry Diversity Coalition employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Running Industry Diversity Coalition 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, Running Industry Diversity Coalition generated $741.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $665.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE RUNNING INDUSTRY DIVERSITY COALITION UNITES THE RUNNING INDUSTRY TO IMPROVE THE INCLUSION, VISIBILITY, AND ACCESS FOR BLACK, INDIGENOUS, AND PEOPLE OF COLOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, WE AWARDED SCHOLARSHIPS TO 25 LEADERS, MARKING A 150% INCREASE FROM 2022 AND ESTABLISHING THE LARGEST SCHOLARSHIP INITIATIVE IN TRES 18-YEAR HISTORY, THANKS TO THE SUPPORT OF TRE AND ON. THESE SCHOLARSHIPS OFFERED RECIPIENTS CRUCIAL OPPORTUNITIES TO BUILD THEIR NETWORKS, GAIN INDUSTRY RECOGNITION, AND PURSUE LONG-TERM CAREER PATHS WITHIN THE RUNNING INDUSTRY. AS A RESULT, MANY HAVE CHOSEN TO REMAIN IN THE INDUSTRY, ADVANCED IN THEIR CAREERS, AND SIGNIFICANTLY INCREASED THE VISIBILITY OF BIPOC INDIVIDUALS AT AN EVENT THAT PREVIOUSLY LACKED SUCH REPRESENTATION.
THE COOKOUT, HOSTED BY THE RIDC, IS A POWERFUL PROGRAM THAT EXTENDS A WARM WELCOME TO ALL BLACK, INDIGENOUS, AND PEOPLE OF COLOR, ALONG WITH OUR DEDICATED ALLIES COMMITTED TO ADVANCING THE RIDC MISSION. AN INVITATION TO THE COOKOUT SIGNIFIES NOT JUST A SEAT AT OUR TABLE, BUT A VALUED PLACE WITHIN OUR COMMUNITY AND FAMILY. THIS IMPACTFUL PROGRAM UNITED RUNNING INDUSTRY EMPLOYEES AND LOCAL COMMUNITIES IN A SHARED COMMITMENT TO DRIVING THE MISSION OF THE RIDC FORWARD, RESULTING IN STRENGTHENED PARTNERSHIPS, INCREASED COMMUNITY ENGAGEMENT, AND NETWORK CONNECTIONS (OR RECONNECTIONS).
WE KNOW THAT ACHIEVING RACIAL JUSTICE IS A MARATHON, NOT A SPRINT, AND TO EFFECT REAL CHANGE, WE MUST FULLY UNDERSTAND OUR STARTING LINE. AS PART OF OUR FIVE-YEAR STRATEGIC PLAN, WE PARTNERED WITH BENTLEY UNIVERSITY TO ESTABLISH QUANTITATIVE AND QUALITATIVE BASELINE MEASURES FOR RACIAL DIVERSITY, EQUITY, AND INCLUSION (DEI) WITHIN THE RUNNING INDUSTRY, FOCUSING ON EMPLOYMENT, ACCESSIBILITY, INCLUSION, AND BELONGING. THIS PARTNERSHIP HAS ALREADY LED TO THE IDENTIFICATION OF KEY AREAS FOR IMPROVEMENT, THE DEVELOPMENT OF TARGETED INITIATIVES, AND MEASURABLE METRICS AND QUESTIONS FOR THE INDUSTRY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kiera Smalls Executive Director | Officer | 0 | $178,962 |
Glendean Hamilton Board Of Directors | Officer | 8 | $0 |
Jason Faustino Board Of Directors | Officer | 8 | $0 |
Sergio Avila Board Of Directors | Officer | 8 | $0 |
Tom Carleo Board Of Directors | Officer | 8 | $0 |
Tai Neal Board Of Directors | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $736,599 |
| Noncash contributions included in lines 1a–1f | $10,467 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $736,599 |
| Total Program Service Revenue | $4,591 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $178,962 |
| Compensation of current officers, directors, key employees. | $178,962 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,423 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,334 |
| Payroll taxes | $26,715 |
| Fees for services: Management | $23,239 |
| Fees for services: Legal | $19,475 |
| Fees for services: Accounting | $11,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $39,113 |
| Office expenses | $63,321 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $60,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,226 |
| Total functional expenses | $665,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $421,540 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $421,540 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $421,540 |
| Total liabilities and net assets/fund balances | $421,540 |