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HomeMy WebLinkAbout501C3 statusGivee.or BBB 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 Issued: May 2017 Expires: August 2019 STANDARDS LEGEND Meets Standards Standards Not Met Did Not Disclose t- Review In Progress �' r;l Unable to Verify Standards For Charity Accountability Governance Finances Fundraising & Info 1. Board Oversight 8, Program Expenses 15. .%; Truthful Materials 2. Board Size 9. Fundraising Expenses 16. Annual Report 3. Q Board Meetings 10. Q Accumulating Funds 17. f1 Website Disclosures 4. Board Compensation 11. Audit Report 18. ;'! Donor Privacy 5. Conflict of Interest 12. Fd' Detailed Expense Breakdown 19. ; ; Cause Marketing Disclosures 13. ij Accurate Expense Reporting 20. f Complaints Measuring Effectiveness 14. 1rj Budget Plan 6. N Effectiveness Policy 7. Fj_ Effectiveness Report CONCLUSION Road Runners Club of America meets the 20 Standards for Charity Accountability. PURPOSE Year, State Incorporated 1976, VA ACCREDITED CHARITY 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, 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, Road Runners Club of America'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 Paid Staff Size FUNDRAISING Method(s) Used: Internet appeals, membership appeals, auctions, and raffles. $137,399 $380,564 $262,506 $1,893,714 $80,178 $100,032 $2,854,393 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 Road Runners Club of America'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 Other income Publications Total Income Programs: 90% Total Income Fundralsing:3% Administrative: 7% Program expenses Fundraising expenses Administrative expenses Other expenses Total expenses: Income in Excess of Expenses Beginning Net Assets Other Changes In Net Assets Ending Net Assets Total Liabilities Total Assets $51,820 $18,955 $1,822 $3,214,726 $3,214,726 $2,854,393 $94,146 $222,463 $0 $3,171,002 $43,724 $1,367,041 $0 $1,410,765 $488,991 $1,899,756 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 fundraising or promotional purposes.