Reston Triathlon Association Inc David Tipler President

Nonprofit profile at a glance

EIN
352657492
IRS 990 coverage
2019–2022
Forms available
Form 990 2022
Location
Fairfax, VA, USA
Phone
7033520522
Rating confidence
Limited
Sector
Amateur Sports Competitions

Reported finances

Revenue
$0
Expenses
$25,554
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DAVID TIPLER (PRESIDENT)

People named in this filing

  • BUNNY BONNES (PAST PRESIDE)
  • DONNA ROSTANT (TREASURER)
  • JOHN SCHALLER (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Reston triathlon association, inc. Organizes and conducts the reston triathlon annually each summer and helps support other athletic events in the community including playing a major role in the 2015 world police and fire games which were held in fairfax county, Virginia, where reston is located. These events are directly connected to and in furtherance of the exempt purpose of the organization, as stated in our by-laws, by bringing together the entire reston community as well as athletes and fans from around the country and around the world to participate in this demanding amateur sporting event whether as an athlete, a volunteer or a spectator to enjoy and learn more about the sports that comprise a traithlon. The athletes village for the 2015 world police and fire games was in reston and the event hosted 12,000 athletes from 70 countries.

What it reported doing in 2022

Orginizes and conducts the reston triathlon which is directly connected to and in furtherance of the exempt purpose of the orginization, as stated in our by-laws.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 93
  • Accountability: 70
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -17.4% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: -69% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -54.4% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $26K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 3 filing years from 2019 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.