Copper Creek Triathlon
Nonprofit profile at a glance
- EIN
- 261855591
- IRS 990-EZ coverage
- 2010–2013
- Forms available
- Form 990-EZ 2013
- Location
- Pleasant Hill, IA, USA
- Phone
- 5152663111
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $45,919
- Expenses
- $48,768
- Assets
- $1,481
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- JARED ELDER II (PRESIDENT)
- RANDY MEINERS (VICE-PRESIDENT)
People named in this filing
- JARED ELDER II (PRESIDENT)
- RANDY MEINERS (VICE-PRESIDENT)
- PENNIE CARROLL (SECRETARY)
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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The copper creek triathlon is a three event race combining swimming, biking, and running, including a kids clinic for young athletes.
What it reported doing in 2013
The copper creek triathlon is a three event race combining swimming, biking, and running. The copper creek triathlon race is held in the copper creek subdivision which is a planned unit development (pud) consisting of commercial and residential development, located in the northern part of the city of pleasant hill, Iowa. It is the intent of the copper creek triathlon corporation that by holding the annual race that two significant purposes will be achieved. These are: 1) holding a triathlon race in pleasant hill will provide persons interested in participating in triathlon races another venue in which to participate on an ongoing basis. There were 450 athletes participating and 250 volunteers who participated in putting on the race. The event also hosts a kids clinic in which there were approximately 50 participants to train the young athletes, ranging in age from 8-21 over the three day duration of the event. 2) promotion of the city of pleasant hill will occur by having an annual race. This will bring race participants and race fans to the community, which will both help promote the community in general, as well as the pleasant hill business community.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 91% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 33
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.2%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 0% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: -0.8% per year; rating input score 0; 52nd percentile among comparable filings
- Asset growth: 53.1% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $49K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2010 to 2013
- 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.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.