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Nonprofiteer
← PIKES PEAK MARATHON INC

Form 990 for tax year 2024

Filed by PIKES PEAK MARATHON INC.

Totals

Total revenue
$891,491
Total expenses
$754,571
Contributions and grants received
$22,059
Grants paid
$43,395
Program service revenue
$820,524
Investment income
$8,839
Other revenue
$40,069
Total assets, end of year
$533,127
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$533,127
Program services expenses (Part IX)
$655,278
Management and general expenses
$99,293
Fundraising expenses
$0
Program service expenses (Part III)
$655,278

Program services were 86.8% 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

    $22,059

  • 1g · Noncash contributions included above

    $10,000

  • 2a · Program service revenue: Race related income

    total $698,486 · related or exempt $698,486

  • 2b · Program service revenue: Sponsorship related ser

    total $122,038 · related or exempt $122,038

  • 3 · Investment income

    total $8,839 · excluded $8,839

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $71,782

  • 10b · Cost of goods sold

    $31,713

  • 10c · Net income from sales of inventory

    total $40,069 · related or exempt $40,069

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $43,395 · program services $43,395

  • 5 · Compensation of officers, directors and key employees

    total $168,887 · program services $84,444 · management and general $84,443

  • 7 · Other salaries and wages

    total $20,000 · program services $20,000

  • 10 · Payroll taxes

    total $14,860 · program services $7,430 · management and general $7,430

  • 11b · Fees: legal

    total $4,875 · management and general $4,875

  • 11c · Fees: accounting

    total $2,545 · management and general $2,545

  • 11g · Fees: other

    total $53,769 · program services $53,769

  • 12 · Advertising and promotion

    total $11,993 · program services $11,993

  • 13 · Office expenses

    total $11,980 · program services $11,980

  • 16 · Occupancy

    total $40,355 · program services $40,355

  • 23 · Insurance

    total $4,858 · program services $4,858

  • 24a · Other expenses: Race Related Expenses

    total $239,691 · program services $239,691

  • 24b · Other expenses: Prizes and awards

    total $45,909 · program services $45,909

  • 24c · Other expenses: Equipment Rental

    total $64,665 · program services $64,665

  • 24d · Other expenses: Permits and fees

    total $26,789 · program services $26,789

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $80,906 · end of year $25,206

  • 2 · Savings and temporary cash investments

    beginning of year $309,049 · end of year $508,576

  • 4 · Accounts receivable

    beginning of year $6,252 · end of year -$655

  • 31 · Retained earnings, endowment or other funds

    beginning of year $396,207 · end of year $533,127

Mission and programs · 2024

Mission

To provide exceptional races in outstanding venues that promotes physical fitness, gives back to the community and environment in which they occur, as well as allowing runners to test their physical limits through competition.

  • Pikes Peak Ascent and Marathon - Our premiere race promoting fitness and allowing runners to test their physical activity limits by climbing Americas Mountain. Approximately 800 runners for the Marathon and 1,800 runners compete for the Ascent. Race starts in Manitou Springs, Colorado and runners climb the Barr Trail to the top of Pikes Peak for the Ascent and make the full round trip for the Marathon.

    Expenses $558,487 · Grants $36,886 · Revenue $731,504

  • Garden of the Gods 10 Mile - Three race options, the 10-Mile, 10k and trail race promoting fitness and allowing runners to test their physical limits through the scenic Garden of the Gods. Approximately 2,200 runners take on one of the three challenging and beautiful courses through the park.

    Expenses $77,433 · Grants $5,207 · Revenue $103,271

  • Barr Trail Mountain Race - Trail race promoting fitness and allowing runners to test their physical limits along the Barr Trail. Approximately 400 runners run a 12.6 mile course at the COG Railway Station (6,750 ft.) in Manitou Springs, Colorado and ascend Pikes Peaks iconic Barr Trail to Barr Camp (10,200 ft.) before turning, descending and finishing at the Barr Trailhead.

    Expenses $19,358 · Grants $1,302 · Revenue $25,818

As filed on the 2024 return.

Listed in Part VII

  • Kathleen Hubel

    SecBusinessDirector

    Total calculated
    $76,886
    From this org
    $76,886
    From related orgs
    $0
    Other
    $0
    Hours/week
    35
  • Ryan Linder

    Director at Large

    Total calculated
    $45,001
    From this org
    $45,001
    From related orgs
    $0
    Other
    $0
    Hours/week
    15
  • Jordan Linder

    Director at Large

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    30
  • John Garner

    Chair

    Total calculated
    $9,500
    From this org
    $9,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    30
  • Michael Phan

    Director at Large

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    15
  • Ronald Ilgen

    Director at large

    Total calculated
    $0
    Hours/week
    30
  • Beth Haney

    Director at Large

    Total calculated
    $0
    Hours/week
    15

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

Provenance

Return type
form_990
Tax year
2024
Filed
1 July 2025
IRS schema version
2024v5.2
Source object
202532829349301663

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