Form 990 for tax year 2023
Filed by PALISADES WILL ROGERS 5 & 10 K RUN FOUNDATION.
Totals
- Total revenue
- $269,878
- Total expenses
- $171,746
- Contributions and grants received
- $98,500
- Grants paid
- $30,000
- Program service revenue
- $170,191
- Investment income
- $1,187
- Other revenue
- $0
- Total assets, end of year
- $261,092
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $261,092
- Program services expenses (Part IX)
- $171,746
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $171,746
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$98,500
-
2a · Program service revenue: 5 & 10K RUN & KIDS FUN
total $170,191 · related or exempt $170,191
-
3 · Investment income
total $1,187 · excluded $1,187
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $30,000 · program services $30,000
-
11b · Fees: legal
total $2,150 · program services $2,150
-
12 · Advertising and promotion
total $3,640 · program services $3,640
-
23 · Insurance
total $2,769 · program services $2,769
-
24a · Other expenses: RACE MANAGEMENT COSTS
total $33,271 · program services $33,271
-
24b · Other expenses: RACE DAY EXPENSES
total $30,348 · program services $30,348
-
24c · Other expenses: COURSE PREPARATION & SU
total $24,569 · program services $24,569
-
24d · Other expenses: PERMITS, LICENSES & FEE
total $23,974 · program services $23,974
-
24e · All other expenses
total $21,025 · program services $21,025
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $162,960 · end of year $59,905
-
2 · Savings and temporary cash investments
end of year $201,187
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $162,960 · end of year $261,092
Mission and programs · 2023
Mission
THE OBJECTIVES OF THIS CORPORATION ARE TO MAKE GRANTS TO NONPROFIT PUBLIC BENEFIT CORPORATIONS TO FURTHER THEIR CHARITABLE AND EDUCATIONAL PURPOSES.
Activities or mission (Part I)
5K & 10K RUN
-
THE FOUNDATION ORGANIZES THE PALISADES WILL ROGERS 5 AND 10K RUN.
Expenses $171,746 · Grants $30,000 · Revenue $170,191
As filed on the 2023 return.
Listed in Part VII
-
James KleinJAMES KLEIN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Thomas HathawayTHOMAS HATHAWAY
CFO
- Total calculated
- $0
- Hours/week
- 1
-
Mike SolumMIKE SOLUM
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SUPPORT VARIOUS YOUTH CHARITIES AND ACTIVITIES
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 March 2024
- IRS schema version
- 2023v4.0
- Source object
- 202400619349300975
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