Atlanta Track Club Inc

Nonprofit profile at a glance

EIN
581367422
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Atlanta, GA, USA
Phone
4042319064
Rating
85
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$14,211,029
Expenses
$13,380,133
Assets
$6,197,597
Liabilities
$2,453,738

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

33 people listed

Executive titles in this filing

  • RICH KENAH (CEO)

Highest reported compensation

  • RICH KENAH (CEO): $414,300 total reported compensation
  • LISA MCMAHON (VP SPONSORSHIPS/STRAT PTRS): $239,838 total reported compensation
  • KENDYL MOSS (DIR OF COMMUNITY RELATIONS): $185,914 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Atlanta track club is a member-based organization centered around running that delivers world-class events, training programs, and community outreach activities to the metro atlanta area. We encourage and inspire both youth and adults to start and continue running regardless of ability or fitness level, and provide outlets for all athletes to continue to grow and compete. Our staff and volunteers create camaraderie and encourage participation and competition through a calendar of diverse and exciting events. We collaborate with our partners to promote and extend the benefits of running and walking to the greater community.

What it reported doing in 2024

EVENTS: Atlanta Track Club (ATC), with the help of more than 7,500 volunteers, annually conducts more than 40 events, training programs, youth activities and social gatherings in the Atlanta area. Our premier races, such as the AJC Peachtree Road Race, Publix Atlanta Marathon, PNC Atlanta 10 Miler and Invesco QQQ Thanksgiving Day Half Marathon, as well as a Grand Prix Series, All Comers Track and Field, and Cross Country events engaged over 110,000 runners and walkers in 2024. In giving the community a variety of options, the Track Club works toward its mission of a healthier Atlanta through running and walking.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 89
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: $42.33 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: No; rating input score 0

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 11.2%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 1.7% per year; rating input score 100; 16th percentile among comparable filings

Details

  • Where the money goes: 88.5% of revenue deployed · 92.3% of spending went to programs
  • Governance: 24 of 24 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $12.4M in reported program spending
  • Leadership: top reported pay $414K · 33 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.2M reported
  • Consistency: 39 of 40 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.