Greensboro Pacesetters Track Club Inc

Nonprofit profile at a glance

EIN
581379381
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Greensboro, NC, USA
Phone
3363393248
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$39,157
Expenses
$28,771
Assets
$185,800
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Charles R Brown (President)
  • Richard Ward (Vice President)

People named in this filing

  • Charles R Brown (President)
  • Anne Popek (Coach)
  • Richard Ward (Vice President)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Greensboro Pacesetters Track Club is a youth track club for kids 7 years old to 18 years old to compete in the USATF Junior Olympic Track and Field Championships. We also put on 6-8 free All Comers track meets in the summer for ANY kids who want to show up and run. Free for all. The cross country meets we manage and put on provides over $80,000 in cross country equipment for all the high schools in Guilford County to use. www.greensboropacesetters.com shows what we do. We have open practice for athletes throughout the summer for the last 44 years.

What it reported doing in 2024

1. Manage and put on cross country meets for youth, middle school and high school teams in the south. 2. Fun, Free All Comers track meets for kids for an activity that anyone can do in the summer. 3. Since 1979, we have had athletes participate in the USATF Junior Olympics for track and the USATF National meets in which some of our athletes have made the USA team U20 4. Provide free equipment to use for the high schools in our county.

Operating model

Revenue model
Earned-program. 88% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 50
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42%; rating input score 42
  • Program expense ratio: 63.2%; rating input score 63

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 26.5%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 6.46; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -9.9% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: 9.7% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 11% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 42% of revenue deployed · 63.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.