Road Runners Club Of America is located in Davenport, IA. The organization was established in 1976. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Road Runners Club Of America 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 11/2022, Road Runners Club Of America generated $776.6k 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 (3.4%) each year. All expenses for the organization totaled $607.9k during the year ending 11/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE RUNNING AT ALL AGES & SKILL LEVELS
Describe the Organization's Program Activity:
CLUB-PROMOTE RUNNING TO ALL AGES & SKILL LEVELS THROUGH MONTHLY NEWSLETTER & PROMOTIONAL EVENTS. APPROX 9,500 NEWSLETTERS PUBLISHED ANNUALLY. APPROX 1,200 CLUMB MEMBERS
RACES-PROMOTE RUNNING TO ALL AGES & SKILL LEVELS BY ORGANIZING & STAGE VARIOUS TRACK & ROAD RACES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Parker Director | Trustee | 10 | $0 |
Bob Madison Director | Trustee | 10 | $0 |
Rita Schaeffer Director | Trustee | 10 | $0 |
Joanna Lochner Director | Trustee | 10 | $0 |
Morgan Meseke Director | Trustee | 10 | $0 |
Julie Davenport Director | Trustee | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,681 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $296,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $307,241 |
| Total Program Service Revenue | $438,599 |
| Investment income | $2,999 |
| 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 | $18,406 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $776,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,208 |
| Grants and other assistance to domestic individuals. | $1,530 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $1,987 |
| 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 | $15,023 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36 |
| Travel | $10,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,582 |
| Interest | $0 |
| Payments to affiliates | $20,000 |
| Depreciation, depletion, and amortization | $2,474 |
| Insurance | $5,318 |
| All other expenses | $94,318 |
| Total functional expenses | $607,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $644,203 |
| Savings and temporary cash investments | $351,751 |
| 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 | $1,328 |
| Net Land, buildings, and equipment | $44,397 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,041,679 |
| Accounts payable and accrued expenses | $5,747 |
| 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 | $1,671 |
| Total liabilities | $7,418 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,034,261 |
| 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 | $1,041,679 |