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HomeMy WebLinkAbout501C3 - YRCM-Hardcore Runners ClubCharity Report - Road Runners Club of America - give.org CHARITY REVIEW Road Runners Club of America 19 Accredited Charity Meets Standards 703-525-3890 1501 Lee Highway, Suite 140 Arlington, VA 22209 http://www.rrca.org Page 1 of 3 Issued: February 2015 Expires: February 2017 STANDARDS LEGEND 19 Meets Standards Standards Not Met Did Not Disclose ® Review In Progress Unable to Verify Standards For Charity Accountability Governance 1. Board Oversight 2. Board Size 3. Board Meetings 4. Board Compensation 5. Conflict of Interest Measuring Effectiveness 6. Q Effectiveness Policy 7. 19 Effectiveness Report CONCLUSION Finances 8. 15 Program Expenses 9. 0 Fund Raising Expenses 10. FA Accumulating Funds 11. Audit Report 12. Detailed Expense Breakdown 13 Accurate Expense Reporting 14. Budget Plan Road Runners Club of America meets the 20 Standards for Charity Accountability. PURPOSE Year, State Incorporated 1976, Virginia Fund Raising & Info 15. Q Truthful Materials 16. Annual Report 17. Website Disclosures 18. Donor Privacy 19. Cause Marketing Disclosures 20. Complaints Stated Purpose "to promote the sport of running through the development and growth of running clubs and running events throughout the country." PROGRAMS RRCA promotes the development and growth of running clubs and running events, and supports the interests of recreational runners. RRCA works to provide programs that can be replicated throughout the country by member clubs from small towns to large cities. Programs promote and support running and runners at all stages in life. The Our Kids Run the Nation program, for example, is a youth running program that http://give.org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-15894 2/22/2017 Give.org 131313- BBB WISE GIVING ALLIANCE CHARITY REVIEW Road Runners Club of America 19 Accredited Charity Meets Standards 703-525-3890 1501 Lee Highway, Suite 140 Arlington, VA 22209 http://www.rrca.org Page 1 of 3 Issued: February 2015 Expires: February 2017 STANDARDS LEGEND 19 Meets Standards Standards Not Met Did Not Disclose ® Review In Progress Unable to Verify Standards For Charity Accountability Governance 1. Board Oversight 2. Board Size 3. Board Meetings 4. Board Compensation 5. Conflict of Interest Measuring Effectiveness 6. Q Effectiveness Policy 7. 19 Effectiveness Report CONCLUSION Finances 8. 15 Program Expenses 9. 0 Fund Raising Expenses 10. FA Accumulating Funds 11. Audit Report 12. Detailed Expense Breakdown 13 Accurate Expense Reporting 14. Budget Plan Road Runners Club of America meets the 20 Standards for Charity Accountability. PURPOSE Year, State Incorporated 1976, Virginia Fund Raising & Info 15. Q Truthful Materials 16. Annual Report 17. Website Disclosures 18. Donor Privacy 19. Cause Marketing Disclosures 20. Complaints Stated Purpose "to promote the sport of running through the development and growth of running clubs and running events throughout the country." PROGRAMS RRCA promotes the development and growth of running clubs and running events, and supports the interests of recreational runners. RRCA works to provide programs that can be replicated throughout the country by member clubs from small towns to large cities. Programs promote and support running and runners at all stages in life. The Our Kids Run the Nation program, for example, is a youth running program that http://give.org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-15894 2/22/2017 Charity Report - Road Runners Club of America - give.org Page 2 of 3 outlines how to organize local running programs at schools and aftercare centers. The RUN@WORK Day program encourages adults to get 30 - minutes of exercise each day, in accordance with the Physical Activity Guidelines for Americans. With the goal of helping improve the physical activity levels for all Americans, the organization provides the running community with educational information and programs that work to keep runners safe, healthy, and informed. For the year ended December 31, 2013, RRCA's program expenses were: Championship events Coaching program General program Insurance program Kids Run the Nation Roads Scholars Total Program Expenses: GOVERNANCE & STAFF Chief Executive Jean Knaack, Executive Director Compensation* $102,530 Chair of the Board David Cotter Chair's Profession / Business Affiliation Retired US Forest Service Board Size Paid Staff Size 8 160,825 280,164 236,807 1,350,574 70,410 94,290 $2,193,070 *2013 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. 1vL`IH:Z169GtC Method(s) Used: Grant proposals, Internet appeals, and membership appeals. Fund raising costs were 9% of related contributions. (Related contributions, which totaled $784,596, are donations received as a result of fund raising activities.) TAX STATUS This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes. FINANCIAL The following information is based on RRCA's audited financial statements for the year ended December 31, 2013. Source of Funds Insurance program 1,335,075 Membership dues 555,157 Coaching program 347,630 Contributions 190,210 Investment 101,140 Sponsorships 39,229 Other income 25,586 Total Income $2,594,027 http://give.org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-15894 2/22/2017 Charity Report - Road Runners Club of America - give.org Programs: 91% Fundraising: 3% Administrative: 6% Total Income $2,594,027 Program expenses 2,193,070 Fundraising expenses $66,877 Administrative expenses $143,648 Total expenses: $2,403,595 Income in Excess of Expenses 190,432 Beginning Net Assets 1,057,960 Other Changes In Net Assets 190,430 Ending Net Assets 1,248,392 Total Liabilities 1,006,618 Total Assets 2,255,010 Page 3 of 3 Note: According to RRCA's audited financial statements for the year ended December 31, 2013, the organization received in-kind donations of $80,599 in event promotion ($70,599) and awards ($10,000). An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc. This report is not to be used for fund raising or promotional purposes. http://give.org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-15894 2/22/2017