Albany Marathon Inc
- Assets
- $142.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, GA
- Founding
- 03/2008
- Data as of
- 05/2021
- EIN
- 26-1750573
Organization Overview
Albany Marathon Inc is located in Albany, GA. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albany Marathon 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 05/2021, Albany Marathon Inc generated $96.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $75.2k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
CONDUCTED A MARATHON THAT PROVIDED SIGNIFICANT ECONOMIC BENEFIT TO ALBANY/DOUGHERTY COUNTY, GEORGIA AND UTILIZED THE SERVICES OF 1,200 VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Tongol President | 1 | $0 | |
Jordan Knoefler Director | 1 | $0 | |
Molly Gilbert Director | 1 | $0 | |
Chuck Knight Chairman | 1 | $0 | |
Chris Phillips Director | 1 | $0 | |
Rashelle Beasley Treasurer/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,500 |
| Total Program Service Revenue | $64,822 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,322 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5 |
| Other expenses | $45,169 |
| Total expenses | $75,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,135 |
| Other assets | $0 |
| Total assets | $142,635 |
| Total liabilities | $10 |
| Net assets or fund balances | $142,625 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Albany Marathon Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Phoebe Putney Health Systems Inc Albany, GA PURPOSE: GENERAL SUPPORT | $20,000 |
Phoebe Putney Health Systems Inc Albany, GA PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |