Cowtown Marathon Inc
- Assets
- $1.0m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Fort Worth, TX
- Founding
- 11/2002
- Data as of
- 03/2022
- EIN
- 75-2198418
Organization Overview
Cowtown Marathon Inc is located in Fort Worth, TX. The organization was established in 2002. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 03/2022, Cowtown Marathon Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cowtown 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 03/2022, Cowtown Marathon Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $2.1m during the year ending 03/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT THE FORT WORTH COWTOWN MARATHON, 10K AND 5K ROAD RACES AND OTHER RACES IN WHICH OVER 28,000 INDIVIDUALS PARTICIPATE. TO PROMOTE AND EDUCATE CHILDREN ABOUT THE IMPORTANCE OF CREATING A HEALTHY LIFESTYLE THROUGH PHYSICAL FITNESS AND NUTRITION WITH THE C.A.L.F. PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONDUCT THE ANNUAL FORT WORTH COWTOWN MARATHON, 10K AND 5K ROAD RACES AND OTHER RACES DURING THE YEAR IN WHICH 28,080 INDIVIDUALS PARTICIPATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Swartz Executive Director/secreta | OfficerTrustee | 40 | $134,750 |
Macy Hill Vice President | OfficerTrustee | 2 | $0 |
Paul Keese President | OfficerTrustee | 3 | $0 |
Marc Weaver Treasurer | OfficerTrustee | 3 | $0 |
Jay Iorizzo Member | Trustee | 2 | $0 |
Leeann Embry Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $43,362 |
| All other contributions, gifts, grants, and similar amounts not included above | $294,238 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $337,600 |
| Total Program Service Revenue | $1,535,990 |
| Investment income | $128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,384 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,639 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,018,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $24,779 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,954 |
| Compensation of current officers, directors, key employees. | $18,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $304,014 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,286 |
| Payroll taxes | $35,277 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,668 |
| Fees for services: Accounting | $23,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,149 |
| Advertising and promotion | $51,019 |
| Office expenses | $10,395 |
| Information technology | $29,215 |
| Royalties | $0 |
| Occupancy | $119,797 |
| Travel | $23,043 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $108,021 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,859 |
| Insurance | $16,952 |
| All other expenses | $160,258 |
| Total functional expenses | $2,057,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $675,378 |
| Savings and temporary cash investments | $111,805 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,872 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,691 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $196,772 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,036,518 |
| Accounts payable and accrued expenses | $52,824 |
| Grants payable | $0 |
| Deferred revenue | $3,618 |
| 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 | $56,442 |
| 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 | $980,076 |
| Total liabilities and net assets/fund balances | $1,036,518 |
Grants Awarded
Over the last fiscal year, Cowtown Marathon Inc has awarded $191,112 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Fort Worth, TX PURPOSE: SUPPORT | $156,552 |
Fort Worth, TX PURPOSE: SUPPORT | $17,280 |
Atlanta, GA PURPOSE: SUPPORT | $17,280 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Cowtown Marathon Inc has recieved totaling $20,375.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR THE 2021 COWTOWN MARATHON OPERATING EXPENSES - NO BENEFITS | $17,500 |
Meta Alice Keith Bratten Foundation Fort Worth, TX PURPOSE: SUPPORT OF COWTOWN CHALLENGE SCHOLARSHIP PROGRAM | $2,000 |
Littler Mendelson Foundation Inc Kansas City, MO PURPOSE: GENERAL SUPPORT | $800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Bowling Congress Inc Arlington, TX | $43,212,080 | $16,821,741 |
Spirit Golf Association The Woodlands, TX | $13,402,948 | $7,337,039 |
Houston Marathon Committee Houston, TX | $3,423,788 | $6,041,457 |
North American Prospect Hockey League Dallas, TX | $969,762 | $3,250,253 |
Ibc Youth Bowling Inc Arlington, TX | $4,392,185 | $2,638,582 |
Dallas White Rock Marathon Dallas, TX | $935,538 | $2,152,497 |
Cowtown Marathon Inc Fort Worth, TX | $1,036,518 | $2,018,808 |
New Orleans Bowl Inc Metairie, LA | $2,170,693 | $2,129,324 |
Town And Country Optimist Foundation Austin, TX | $1,110,634 | $1,534,736 |
United States Bowling Congress Inc Bryan, TX | $908,410 | $1,160,070 |
Amateur Athletic Union Of The United States Inc Edmond, OK | $749,676 | $1,164,829 |
Alliance Youth Hockey Association Dallas, TX | $201,514 | $1,030,393 |