Nantucket Triathlon Club

Nonprofit profile at a glance

EIN
273426231
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Nantucket, MA, USA
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Amateur Sports

Reported finances

Revenue
$58,634
Expenses
$47,045
Assets
$83,808

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Jerry Adams (Vice President)
  • James Pignato (President)

People named in this filing

  • Jerry Adams (Vice President)
  • James Meehan (Treasurer)
  • James Pignato (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Nantucket Triathlon Club also known as the Nantucket Athletic Association Monument Running Group Nantucket Open Water Swimming hosts an annual running race group runs bike rides and swims. We also manage the Nantucket Half Marathon and two social events. Additionally the Club aids Island organizations involved in healthcare and youth sports.

What it reported doing in 2025

The Nantucket Triathlon Club sponsors and manages the Nantucket Half Marathon which has over 750 runners. This is the primary fundraiser but also entails significant expense running this event. The Nantucket Half Marathon promotes community and healthy lifestyles. The race also features the First Responder Challenge with the Islands First Responders participating in a team competition.

Operating model

Revenue model
Other-operating. 75% of the money available for current operations came from other operating revenue.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 34
  • Transparency & Controls: 82
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.9%; rating input score 55
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 19.8%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 1.78; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 117.2% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 33.9% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 24% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 54.9% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.