Willamette Valley Track And Field Inc
- Assets
- $2.5m
- Revenue
- $683.2k
- Investments
- $0.0
- Employees
- 13
- Location
- Portland, OR
- Founding
- 07/1994
- Data as of
- 12/2023
- EIN
- 93-1143690
Organization Overview
Willamette Valley Track And Field Inc is located in Portland, OR. The organization was established in 1994. 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 12/2023, Willamette Valley Track And Field Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willamette Valley Track And Field 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, Willamette Valley Track And Field Inc generated $683.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $147.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Willamette Valley Track And Field Inc has awarded 32 individual grants totaling $526,940. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE DEVELOPMENT OF AMATEUR AND YOUTH ATHLETICS, PRIMARILY IN THE SPORTS OF TRACK AND FIELD AND CROSS COUNTRY RUNNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WILLAMETTE VALLEY TRACK AND FIELD PROVIDED SUPPORT AND SERVICES, INCLUDING FINANCIAL ASSISTANCE, TO NEIGHBORING NON-PROFIT ENTITIES TO SUPPORT AND PROMOTE AMATEUR SPORTS.
RACING BIBS & TIMING EQUIPMENTTHE ORGANIZATION SELLS RACING BIBS AT COST TO SCHOOLS AND YOUTH EVENTS TO ALLOW ORGANIZATIONS TO LOWER THEIR COSTS OF PRODUCING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Hitchcock Secretary | OfficerTrustee | 5 | $6,000 |
David Anderton President | OfficerTrustee | 2 | $0 |
John Wrenn Treasurer | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $207,674 |
| 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 | $475,531 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $683,205 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $135,900 |
| 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. | $6,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $147,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,658 |
| Savings and temporary cash investments | $189,876 |
| 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 | $485,025 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,620,548 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,757 |
| Total assets | $2,476,864 |
| 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 | $86 |
| Total liabilities | $86 |
| Net assets without donor restrictions | $2,476,778 |
| 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 | $2,476,864 |
Grants Awarded
Over the last fiscal year, Willamette Valley Track And Field Inc has awarded $121,700 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GOSPORTZ MEDIA LLC PURPOSE: Youth Runner Camp | $6,000 |
LINUS PAULING TRACK AND FIELD PURPOSE: Running Programs | $5,200 |
OREGON AMATEUR SPORTS FOUNDAT PURPOSE: Operations | $25,000 |
OREGON STATE UNIV FOUNDATION PURPOSE: Athletics Development | $20,000 |
PORTLAND TRACK PURPOSE: Track Meets | $10,000 |
SPORT OREGON | | | $10,000 |