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PORTLAND MARATHON INC ROAD RUNNERS CLUB OF AMERICA

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Tax-exempt status may be revoked

PORTLAND MARATHON INC ROAD RUNNERS CLUB OF AMERICA

EIN 93-1015627 · Amateur Sports (N60)

What they do

ON APRIL 27, 2018, THE PORTLAND MARATHON, INC. BOARD of DIRECTORS ANNOUNCED THAT IT HAD DECIDED NOT to HOLD A PORTLAND MARATHON or HALF MARATHON IN 2018, and to BEGIN THE PROCESS of DISSOLVING THE CORPORATION. THIS DIFFICULT DECISION WAS REACHED AFTER CAREFUL CONSIDERATION of INPUT FROM THE ORGANIZATIONS MANY STAKEHOLDERS and DETERMINING WHAT THE ORGANIZATION BELIEVES is BEST for THE RUNNING COMMUNITY and THE CITY of PORTLAND. DURING 2019 and 2020, THE ORGANIZATION CONTINUED THE PROCESS TOWARD DISSOLUTION.

Before you give

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.23%of revenue went to mission work80.6% of expenses · Program services
0.29%of revenue went to fundraising0.3% of expenses
$427,601.60spent for every $100 of revenueSpending was higher than revenue this year.
18.77%of revenue went to management and office costs19.1% of expenses
$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.

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Worth asking: Expenses exceeded revenue by $534,377 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,556,037
Mission workProgram services$1,232,86679.23% of revenue80.6% of expenses
ManagementOffice and general costs$292,13218.77% of revenue19.1% of expenses
FundraisingAsking for donations$4,5300.29% of revenue0.3% of expenses
Revenue left after expensesReported annual surplus$26,5091.70% of revenueShown in gray on the chart
Total expenses$1,529,52898.30% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$125
Expenses$534,502
Annual shortfall $534,377 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,232,866 · 230.7% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
Management and office costs$292,132 · 54.7% of expenses
Fundraising$4,530 · 0.8% of expenses
See all reported dollar amounts
Revenue$125
Expenses$534,502
Assets$31,096
Income$125
Mission work (program services)$1,232,866
Fundraising$4,530
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

ANDY RITCHIEPRESIDENT

JIM SCHAEFFERSECRETARY

RICHARD BUSBYTREASURER

About this charity

Location
200 SW MARKET STREET NO 1777, PORTLAND, OR 97201
County
Multnomah
In care of
RICHARD BUSBY
Primary officer
RICHARD BUSBY, TREASURER

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2020
Return type
990EZ
Tax preparer
GARY MCGEE & CO LLP
NTEE classification
Amateur Sports (N60)
IRS tax category
Amateur Sports
Revocation date
May 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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