Salinas Valley Half Marathon Promotions

Nonprofit profile at a glance

EIN
270710507
IRS 990-EZ coverage
2009–2015
Forms available
Form 990-EZ 2015
Location
Carmel, CA, USA
Phone
8316256226
Rating
33
Verdict
REVIEW
Rating confidence
Moderate
Sector
Amateur Sports

Official website

Reported finances

Revenue
$214
Expenses
$8,166
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Tiffany DiTullio (President)
  • Sharon Gish (Past President)

People named in this filing

  • Tiffany DiTullio (President)
  • Teri Belli (Treasurer)
  • Anne Leach (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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote health and wellness for children and adults in our community, and to highlight the salinas area in a positive way by inviting visitors to enjoy this healthy event and learn about agriculture and viticulture, which have supported our valley for generations.

What it reported doing in 2015

In the past, over 1500 runners and walkers, ages 16 and into their 80's, participated in the annual half marathons. More than 200 have participated in a 13 week training program offered to prepare them for the 13.1 mile course. Participants from 20 states and several foreign countries have participated in the race. Signage along the race course highlighted crops growing throughout this agricultural valley teaching participants about fruits and vegetables that are grown in the salinas valley area, known as the 'salad bowl of the world' due to the area's status as one of the largest suppliers of produce.in 2016, there was a formal merger with svhm as the disappearing corporation. The fully signed merger agreement, filed with the ca secretary of state is attached. Svhm was a 100% volunteer organization. It elected to merge into bsim because bsim is a highly experienced owner & operator of respected running events and because bsim has the resources to pay staff to do the day in and day out work of organizing the races.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

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: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.5%; 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: -3,715.9%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: -16.8% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -16.4% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -19.5% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 0.5% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1 in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2009 to 2015
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 57/100.