Portland Marathon Inc Road Runners Club of America

Nonprofit profile at a glance

EIN
931015627
IRS 990-EZ coverage
2012–2020
Forms available
Form 990 2016, Form 990-EZ 2020
Location
Portland, OR, USA
Phone
5032250777
Rating
34
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$125
Expenses
$534,502
Assets
$31,096
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ANDY RITCHIE (PRESIDENT)

People named in this filing

  • ANDY RITCHIE (PRESIDENT)
  • JIM SCHAEFFER (SECRETARY)
  • RICHARD BUSBY (TREASURER)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The portland marathon is an annual marathon sporting event held in the city of portland, Oregon, continuously since 1972. In 2018, portland marathon, inc. Ended its production of the event.

What it reported doing in 2020

On april 27, 2018, the portland marathon, inc. Board of directors announced that it had decided not to hold a portland marathon or half marathon in 2018, and to begin the process of dissolving the corporation. This difficult decision was reached after careful consideration of input from the organization's many stakeholders and determining what the organization believes is best for the running community and the city of portland. During 2019 and 2020, the organization continued the process toward dissolution.

Operating model

Revenue model
Other-operating. 85% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - 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: 0
  • Transparency & Controls: 82
  • Sustainability: 17
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -427,501.6%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 0.06; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -12.6% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -10.4% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2012 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.