Pikes Peak Marathon
Legal name: Pikes Peak Marathon Inc
Nonprofit profile at a glance
- EIN
- 742427295
- IRS 990 coverage
- 2015–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Manitou Springs, CO, US
- Phone
- 7194732625
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $891,491
- Expenses
- $754,571
- Assets
- $533,127
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Highest reported compensation
- Kathleen Hubel (SecBusinessDirector): $76,886 total reported compensation
- Ryan Linder (Director at Large): $45,001 total reported compensation
- Jordan Linder (Director at Large): $30,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide exceptional races in outstanding venues that promote physical fitness, give back to the communities and environment in which they occur, and allow runners to test their physical limits through competition.
What it reported doing in 2024
Pikes Peak Ascent and Marathon - Our premiere race promoting fitness and allowing runners to test their physical activity limits by climbing Americas Mountain. Approximately 800 runners for the Marathon and 1,800 runners compete for the Ascent. Race starts in Manitou Springs, Colorado and runners climb the Barr Trail to the top of Pikes Peak for the Ascent and make the full round trip for the Marathon.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% 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. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 67
- Accountability: 69
- Sustainability: 54
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 86.8%; rating input score 87
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 17.3%; rating input score 17; 26th 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: 2 of 9 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.4%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 22.4%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 13th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 76.2% of revenue deployed · 86.8% of spending went to programs
- Governance: 12 of 12 board members independent · 2 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $655K in reported program spending
- Leadership: top reported pay $77K · 7 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 3 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Transparency & Controls: Grant itemization coverage scored 17/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 12/100.