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HomeMy WebLinkAboutProof of 501c3 for YRCMCharity Report - Road Runners Club of America - give.org CHARITY REVIEW Road Runners Club of America Accredited Charity Meets Standards 703-525-3890 1501 Lee Highway, Suite 140 Arlington, VA 22209 http://www.rrca.org Pagel of 3 Issued: May 2017 Expires: May 2019 STANDARDS LEGEND 19 Meets Standards Fq Standards Not Met B Did Not Disclose ® Review In Progress ® Unable to Verify Standards For Charity Accountability Governance 1. 12 Board Oversight 2. I2 Board Size 3. FJ Board Meetings 4. iA Board Compensation 5, 12 Conflict of Interest Measuring Effectiveness 6. Q Effectiveness Policy 7. Effectiveness Report CONCLUSION Finances 8. FA Program Expenses 9. Fundraising Expenses 10. Accumulating Funds 11. (r Audit Report 12. Ig Detailed Expense Breakdown 13. Q Accurate Expense Reporting 14. 0 Budget Plan Road Runners Club of America meets the 20 Standards for Charity Accountability. PURPOSE Year, State Incorporated 1976, Virginia Fundraising & Info 15. Q Truthful Materials 16. Q Annual Report 17. Website Disclosures 18. Donor Privacy 19, Q Cause Marketing Disclosures 20, Complaints Stated Purpose "to champion the development of community-based running clubs and events that serve runners of all ages and abilities in pursuit of health and competition." PROGRAMS RRCA reports that it is the oldest and largest national association of running organizations dedicated to growing the sport of running. The organization uses the term "running" to encompass the broad spectrum of "running" in the US, which includes competitive running, jogging, http://www. give. org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-... 3/1/2018 Give.org 1388. BBB WISE GIVING ALLIANCE CHARITY REVIEW Road Runners Club of America Accredited Charity Meets Standards 703-525-3890 1501 Lee Highway, Suite 140 Arlington, VA 22209 http://www.rrca.org Pagel of 3 Issued: May 2017 Expires: May 2019 STANDARDS LEGEND 19 Meets Standards Fq Standards Not Met B Did Not Disclose ® Review In Progress ® Unable to Verify Standards For Charity Accountability Governance 1. 12 Board Oversight 2. I2 Board Size 3. FJ Board Meetings 4. iA Board Compensation 5, 12 Conflict of Interest Measuring Effectiveness 6. Q Effectiveness Policy 7. Effectiveness Report CONCLUSION Finances 8. FA Program Expenses 9. Fundraising Expenses 10. Accumulating Funds 11. (r Audit Report 12. Ig Detailed Expense Breakdown 13. Q Accurate Expense Reporting 14. 0 Budget Plan Road Runners Club of America meets the 20 Standards for Charity Accountability. PURPOSE Year, State Incorporated 1976, Virginia Fundraising & Info 15. Q Truthful Materials 16. Q Annual Report 17. Website Disclosures 18. Donor Privacy 19, Q Cause Marketing Disclosures 20, Complaints Stated Purpose "to champion the development of community-based running clubs and events that serve runners of all ages and abilities in pursuit of health and competition." PROGRAMS RRCA reports that it is the oldest and largest national association of running organizations dedicated to growing the sport of running. The organization uses the term "running" to encompass the broad spectrum of "running" in the US, which includes competitive running, jogging, http://www. give. org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-... 3/1/2018 Charity Report - Road Runners Club of America - give.org Page 2 of 3 fitness walking, race walking, and wheelchair fitness/racing on roads, trails, and tracks. RRCA reports that its programs promote and support running and runners at all stages in life, are designed to engage everyone with a passion or interest in running, and that most programs are designed to be turnkey programs that can be implemented locally on behalf of the RRCA. Programs include: the youth model, Kids Run the Nation; Start a Club; Coaching Education; and efforts to educate recent college graduates seeking to run professionally. For the year ended December 31, 2016, RRCA's program expenses were: Championship events and state programs Coaching certificates General programs Insurance program RunPro and Roads Scholars Kids Run the Nation Total Program Expenses: GOVERNANCE & STAFF Chief Executive Jean Knaack, Executive Director Compensation* $158,195 Chair of the Board Mitchell Garner Chair's Profession / Business Affiliation Attorney Board Size 9 Paid Staff Size 137,399 380,564 262,506 1,893,714 80,178 100,032 $2,854,393 *2016 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. FUNDRAISING Method(s) Used: Internet appeals, membership appeals, auctions, and raffles. Fundraising costs were 11% of related contributions. (Related contributions, which totaled $853,495, are donations received as a result of fundraising 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, 2016. Source of Funds Insurance program 1,737,267 Membership dues and fees 611,160 Coaching certifications 469,624 Contribution revenue 98,736 Sponsorships 91,779 Investment income 73,625 Special programs 59,938 In-kind contributions 51,820 Other income 18,955 http://www.give.org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-... 3/1/2018 Charity Report - Road Runners Club of America - give.org Publications Total Income Programs: 90% Fundraising: 3% Administrative: 7% Total Income Program expenses Fundraising expenses Administrative expenses Total expenses: Income in Excess of Expenses Beginning Net Assets Ending Net Assets Total Liabilities Total Assets 1,822 $3,214,726 $3,214,726 2,854,393 $94,146 $222,463 $3,171,002 43,724 1,367,041 1,410,765 488,991 1,899,756 Page 3 of 3 Note: As reported in the organization's audited financial statements for the year ended December 31, 2016, RRCA received in-kind donations totaling $51,820 in the form of internet advertising ($20,000), magazine advertising ($16,850), donated custom awards ($10,000), donated custom volunteer shirts ($2,150), and other ($820). 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 ownjudgment. 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 fundraising or promotional purposes. http://www.give.org/charity-reviews/national/road-runners-club-of-america-in-arlington-va-... 3/1/2018