Ocean Running Club
Nonprofit profile at a glance
- EIN
- 222494949
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Bayville, NJ, USA
- Phone
- 9087733669
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $25,574
- Expenses
- $24,775
- Assets
- $66,792
- Liabilities
- $1,115
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- HAROLD WALSH (PRESIDENT)
People named in this filing
- HAROLD WALSH (PRESIDENT)
- CAROL COSTANTE (TREASURER)
- PAT HANCOCK (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promotes running and walking as a competitive sport and a s a means of healthful exercise.
What it reported doing in 2024
Club meetings and local events to promote running as a sport and means of healthy exercise. Awarding of scholarshipsto local athletes
Operating model
- Revenue model
- Other-operating. 65% of the money available for current operations came from other operating 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.9%; rating input score 36
- Program expense ratio: 37%; rating input score 37
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.1%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: -4.4% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -3.5% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 35.9% of revenue deployed · 37% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $9K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 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 36/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 51/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.