Freedom Marathon Inc
Nonprofit profile at a glance
- EIN
- 263551745
- IRS 990 coverage
- 2011–2011
- Forms available
- Form 990 2011
- Location
- Orange Park, FL, USA
- Phone
- 9046732316
- Rating confidence
- Limited
- Sector
- Amateur Sports
Reported finances
- Revenue
- $213,167
- Expenses
- $216,093
- Assets
- $7,994
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of freedom marathon is to serve the needs of our veterans through hosting various marathon events. The mission is to raise awareness in those supporting the needs of veterans and their families, and delivering a message of hope to assure them that america has not forgotten their sacrifices. Proceeds from each year's marathon and related events will fund race operations and support the wounded warrior project, supporting wounded soldiers returning from iraq and afghanistan. We also serve the needs of veteran families in extreme need through direct delivery of medical AIDS and goods
What it reported doing in 2011
Held first annual marathon series to raise funds and awareness for support of the wounded warrior program as well as individual military families in need due to service related injuries from iraq and afghanistan
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 77
- Accountability: 6
- Sustainability: 39
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 71.4%; rating input score 71; 41st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: Limited
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -1.4%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $142K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 20 of 22 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes grants
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
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 — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Sustainability: Operating margin scored 40/100.
- Moderate — Transparency & Controls: Part IX FeesForServicesOther column sum did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.