Form 990 for tax year 2023

Filed by ROAD RUNNERS CLUB OF AMERICA.

Totals

Total revenue: $5,228,043
Total expenses: $5,395,961
Contributions and grants received: $1,475,747
Grants paid: $47,679
Program service revenue: $1,577,086
Investment income: $106,064
Other revenue: $2,069,146
Total assets, end of year: $5,628,504
Total liabilities, end of year: $1,946,822
Net assets or fund balances, end of year: $3,681,682
Program services expenses (Part IX): $4,413,050
Management and general expenses: $767,492
Fundraising expenses: $215,419
Program service expenses (Part III): $4,413,050

Program services were 81.8% 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

$1,475,747
1g · Noncash contributions included above

$351,470
2a · Program service revenue: ENTRY FEES

total $1,147,321 · related or exempt $1,147,321
2b · Program service revenue: CLOTHING/POSTER SALES

total $264,932 · related or exempt $264,932
2c · Program service revenue: RUNNERS SERVICES

total $105,885 · related or exempt $105,885
2d · Program service revenue: OTHER INCOME

total $58,948 · related or exempt $58,948
3 · Investment income

total $106,064 · excluded $106,064
6a · Gross rents

real property $24,000
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $24,000
6d · Net rental income or loss

total $24,000 · excluded $24,000
11a · Other revenue: INSURANCE PROCEEDS

total $2,045,146 · excluded $2,045,146
11e · Other revenue, total

$2,045,146

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $47,679 · program services $47,679
5 · Compensation of officers, directors and key employees

total $226,872 · program services $22,687 · management and general $181,498 · fundraising $22,687
7 · Other salaries and wages

total $1,172,333 · program services $894,904 · management and general $150,361 · fundraising $127,068
8 · Pension plan contributions

total $41,505 · program services $31,775 · management and general $5,077 · fundraising $4,653
9 · Other employee benefits

total $170,990 · program services $111,189 · management and general $40,991 · fundraising $18,810
10 · Payroll taxes

total $119,036 · program services $77,373 · management and general $28,569 · fundraising $13,094
11c · Fees: accounting

total $20,596 · management and general $20,596
11f · Fees: investment management

total $7,500 · management and general $7,500
12 · Advertising and promotion

total $100,347 · program services $100,347
13 · Office expenses

total $157,500 · program services $21,936 · management and general $135,564
14 · Information technology

total $77,597 · management and general $77,597
16 · Occupancy

total $186,159 · program services $121,789 · management and general $43,760 · fundraising $20,610
22 · Depreciation, depletion and amortization

total $50,865 · program services $3,853 · management and general $47,012
23 · Insurance

total $97,509 · program services $74,880 · management and general $22,629
24a · Other expenses: EVENT EXPENSE

total $2,748,293 · program services $2,733,458 · management and general $6,338 · fundraising $8,497
24b · Other expenses: CREATIVE AND BRANDING

total $171,180 · program services $171,180

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $438,753 · end of year $521,943
4 · Accounts receivable

beginning of year $58,457 · end of year $377,643
8 · Inventories for sale or use

beginning of year $36,850 · end of year $54,448
9 · Prepaid expenses and deferred charges

beginning of year $59,316 · end of year $56,601
10a · Land, buildings and equipment: cost or other basis

$581,614
10b · Land, buildings and equipment: accumulated depreciation

$316,994
10c · Land, buildings and equipment, net

beginning of year $31,549 · end of year $264,620
11 · Investments: publicly traded securities

beginning of year $3,311,403 · end of year $3,795,888
15 · Other assets

beginning of year $0 · end of year $557,361
17 · Accounts payable and accrued expenses

beginning of year $258,437 · end of year $278,095
19 · Deferred revenue

beginning of year $216,688 · end of year $817,803
25 · Other liabilities

beginning of year $0 · end of year $850,924
27 · Net assets without donor restrictions

beginning of year $3,459,203 · end of year $3,681,682
28 · Net assets with donor restrictions

beginning of year $2,000 · end of year $0

Mission and programs · 2023

Mission

TWIN CITIES IN MOTION ORGANIZES THE REGION'S PREMIER RUNNING EVENTS, INCLUDING THE MEDTRONIC TWIN CITIES MARATHON, A TOP 10 U.S. MARATHON WITH A MISSION OF PROMOTING HEALTHY LIFESTYLES THROUGH RUNNING EVENTS AND COMMUNITY OUTREACH, TCM IS PROUD TO PROVIDE FINANCIAL SUPPORT TO YOUTH AND PROFESSIONAL ATHLETE INITIATIVES. COLLECTIVELY, THE ORGANIZATION AND ITS CHARITY PARTNERS THAT FUNDRAISE AT THE ORGANIZATION'S EVENTS GAVE BACK NEARLY $1.1 MILLION TO A VARIETY OF CAUSES.TWIN CITIES IN MOTION BELIEVES PEOPLE AND SOCIETY IMPROVES WHEN WE MOVE TOGETHER. TCM'S MISSION IS TO LEVEL THE START LINE, NURTURE A SUSTAINABLE PACE AND GROW THE FINISH LINE FOR MOVEMENT IN THE COMMUNITY. A COMMUNITY THAT ENGAGES EACH OTHER THROUGH MOVEMENT MAKES A HEALTHIER SOCIETY BOTH SOCIALLY AND PHYSICALLY.

TWIN CITIES IN MOTION HOSTED 5 EVENTS IN 2023 (WHICH INCLUDES THE MEDTRONIC TWIN CITIES MARATHON WEEKEND) AND SERVED OVER 45,000 RUNNERS, INCLUDING 6,205 YOUTH WHO PARTICIPATED AT NO COST. COLLECTIVELY, ALONG WITH CHARITY PARTNERS, TCM RAISED NEARLY 1.1 MILLION DOLLARS. IN 2023, THE ORGANIZATION CANCELED ALL SUNDAY EVENTS DURING THE MEDTRONIC TWIN CITIES MARATHON WEEKEND DUE TO EXTREME HEAT AND DANGEROUS CONDITIONS. THE CANCELED RACES INCLUDED THE MARATHON AND THE 10 MILE. DUE TO THE CANCELLATION, THE ORGANIZATION WAS APPROVED FOR A CLAIM UNDER THEIR RACE-CANCELLATION INSURANCE FOR $2,045,146, WHICH ALLOWED THE ORGANIZATION TO PROVIDE REFUNDS OF REGISTRATION PAYMENTS TO ALL RACERS.

Expenses $4,413,050 · Grants $47,679 · Revenue $1,577,086

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

DEB LAMERE

CHAIR

Total calculated

$0

Hours/week

5
STEVE YOUNG

VICE CHAIR

Total calculated

$0

Hours/week

5
BARRY GISSER

TREASURER

Total calculated

$0

Hours/week

5
ERIN HUPPERT

SECRETARY

Total calculated

$0

Hours/week

5
AMY RABATIN

MEMBER

Total calculated

$0

Hours/week

3
AUSTIN BUDLONG

MEMBER

Total calculated

$0

Hours/week

3
DARCY BERUS

MEMBER

Total calculated

$0

Hours/week

3
DEIRDRE HODGSON

MEMBER

Total calculated

$0

Hours/week

3
ERIKA MAYERLE

MEMBER

Total calculated

$0

Hours/week

3
JASON CAMPANA

MEMBER

Total calculated

$0

Hours/week

3
KELLY MCQUEEN

MEMBER

Total calculated

$0

Hours/week

3
LIBBY STARLING

MEMBER

Total calculated

$0

Hours/week

3
MARY HENDRICKSON

MEMBER

Total calculated

$0

Hours/week

3
MIKE RUSSELL

MEMBER

Total calculated

$0

Hours/week

3
PAUL ESCAJADILLO

MEMBER

Total calculated

$0

Hours/week

3
SEAN REGAN

MEMBER

Total calculated

$0

Hours/week

3
ALYSSA ANTTILA

MEMBER

Total calculated

$0

Hours/week

3
CHRISTINA IRONSIDE

MEMBER

Total calculated

$0

Hours/week

3
LINDSEY BACHER

MEMBER

Total calculated

$0

Hours/week

3
DEAN ORTON

PRESIDENT

Total calculated

$226,871

From this org

$218,068

From related orgs

$0

Other

$8,803

Hours/week

40

Schedule J breakdown matched by us

Base

$183,048

Bonus

$35,020

Other

$0

Deferred

$8,732

Nontaxable benefits

$71

Filer's total

$226,871

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3: THE OFFICERS OF THE BOARD REVIEW AND APPROVE THE PRESIDENT'S PERFORMANCE AND COMPENSATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

MINNESOTA DISTANCE ELITE

$10,000

SPONSORSHIP TO PROMOTE LONG DISTANCE RUNNING AND IMPROVE COMPETITIVENESS OF US RUNNING PROGRAM.

Provenance

Return type: form_990
Tax year: 2023
Filed: 24 September 2024
IRS schema version: 2023v5.1
Source object: 202422819349300422

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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