Big Sur Marathon Foundation Inc
Nonprofit profile at a glance
- EIN
- 770048388
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Carmel, CA, USA
- Phone
- 8316256226
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $4,565,017
- Expenses
- $3,934,999
- Assets
- $5,968,945
- Liabilities
- $2,818,776
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- JOSH PRIESTER (EXECUTIVE DIRECTOR)
Highest reported compensation
- JOSH PRIESTER (EXECUTIVE DIRECTOR): $129,167 total reported compensation
- CHRIS BALOG (BUSINESS MGR): $88,839 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create beautiful running events that promote health and benefit our community.
What it reported doing in 2024
Big sur marathon organizes running events. Marathon event in april with 9,138 participants, half marathon event in november with 9,823 participants, palo corona cross country meets coordinated with schools with 2,000 participants, boys and girls clubs summer participants 500.
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 89% 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 does not identify recipients for some grant dollars and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 78
- Accountability: 100
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.2%; rating input score 79
- Program expense ratio: 92.4%; rating input score 92
- Fundraising efficiency: $8.16 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 49.3%; rating input score 49; 15th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: 13.8%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.52; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 79.2% of revenue deployed · 92.4% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.6M in reported program spending
- Leadership: top reported pay $129K · 16 people listed
- Highest-paid contractors: 1 contractor listed · $535K reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 8 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.
- Moderate — Transparency & Controls: Grant itemization coverage scored 49/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.