Indianapolis Monumental Marathon Inc

Nonprofit profile at a glance

EIN
262085324
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Indianapolis, IN, USA
Phone
3177504382
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Health Program (Includes General Health and Wellness Promotion Services)

Official website

Reported finances

Revenue
$3,058,825
Expenses
$2,648,041
Assets
$2,929,723
Liabilities
$104,931

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • BRAD SUGARMAN (PRESIDENT)
  • ALLY BRETTNACHER (VICE PRESIDENT)
  • JEDEDIAH CORNFORTH (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JEDEDIAH CORNFORTH (EXECUTIVE DIRECTOR): $264,876 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Actively supporting youth health and well-being by providing access to exceptional events and programs centered around the sport of running. Educating indianapolis youth about the benefits of exercise, proper diet, and healthy living. Promoting health, physical fitness, and wellness in the indianapolis community. Utilizing proceeds from events and fundraising activities, specifically a marathon, to help fund local education initiatives and programs centered around the sport of running.

What it reported doing in 2025

The apex benefits monumental kids movement (mkm), presented by Indiana university indianapolis, is an in-school curriculum-based youth running program that culminates with students running a 5k. The program focuses on educating students about the benefits of exercise, proper diet, and healthy living. The program concludes with a stand-alone 5k race, held just for the participants of the mkm program. We are dedicated to our focus of growing and managing the monumental kids movement program. Since the inception of the apex benefits' monumental kids movement, with the generosity of our partners, participants, and our board of directors, our program has had a direct and positive influence on the health and wellness of the youth in our community. We have been able to empower more than 32,467 students to learn and be active through the program and have donated over $1.8 million to local public health and wellness education.

Operating model

Revenue model
Other-operating. 76% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 97% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 71
  • Accountability: 90
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.2%; rating input score 78
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: $4 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 11th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 72.6%; rating input score 73; 25th 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.4%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 10%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 8.3% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 11.8% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 78.2% of revenue deployed · 87% of spending went to programs
  • Governance: 14 of 14 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $2.3M in reported program spending
  • Leadership: top reported pay $265K · 15 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 11/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.