Celebrate Life Half Marathon

Nonprofit profile at a glance

EIN
200471546
IRS 990-EZ coverage
2009–2018
Forms available
Form 990-EZ 2018
Location
Rock Hill, NY, USA
Phone
8458661345
Rating
40
Verdict
MIXED
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$91,789
Expenses
$30,559
Assets
$65,525
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Myriam Loor (President)
  • Suzy Loughlin (Vice President)

People named in this filing

  • Myriam Loor (President)
  • Suzy Loughlin (Vice President)
  • Harold Johnson (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Celebrate Life Half Marathon assists patients with medical bills and other expenses pertaining to the restoration of their health from proceeds of the race. The exempt status allows us to pay less taxes and direct the funds to people in need. The organization is 100% volunteer driven. No salaries are paid. All monies raised are donated. The Celebrate Life Half Marathon promotes the sport of running by staging a high quality race that raises funds to alleviate specific financial needs of cancer patients improving their quality of life while in treatment.

What it reported doing in 2018

Celebrate Life Half Marathon will have helped approximately 640 patients battling cancer in our 16 years. The tax exempt status allows people to make donations that are tax deductible and in turn more money is donated to people in need. Celebrate Life Half Marathon also promotes healthy living and helps with tourism by organizing a first class road race that people from all over North America travel to.

Operating model

Revenue model
Other-operating. 63% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 66.7%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 2.14; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 11.8% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 13.4% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2009 to 2018
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.