Coloma River Races Inc
- Assets
- $18.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-4788413
Organization Overview
Coloma River Races Inc is located in Sacramento, CA. The organization was established in 2015. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, 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. Coloma River Races 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, Coloma River Races Inc generated $34.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE TWO LARGEST RACES ORGANIZED AND MANAGED BY THE CORPORATION ARE THE COLOMA RIVER RUN AND THE SALMON FALLS 50K. THE COLOMA RIVER RUN HOSTS A 5K, 10K, AND 10 MILE RACE AND ALL PROCEEDS BENEFIT CHARITABLE ORGANIZATIONS QUALIFYING AS 501(C)(3) PUBLIC BENEFIT CORPORATIONS. THE SALMON FALLS 50K IS A POINT TO POINT ULTRA DISTANCE TRAIL RACE THAT ALSO BENEFITS CHARITABLE ORGANIZATIONS QUALIFYING AS 501(C)(3) PUBLIC BENEFIT CORPORATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Leasure III President/treasurer | 25 | $0 | |
Salena Leasure Secretary | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $34,263 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,513 |
| 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 | $9,212 |
| Occupancy, rent, utilities, and maintenance | $1,789 |
| Printing, publications, postage, and shipping | $7,999 |
| Other expenses | $16,737 |
| Total expenses | $35,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,536 |
| Other assets | $0 |
| Total assets | $18,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,536 |