The Akron Marathon Charitable Corporation
Nonprofit profile at a glance
- EIN
- 421531773
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Akron, OH, USA
- Phone
- 3304342786
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $1,563,509
- Expenses
- $1,596,342
- Assets
- $755,183
- Liabilities
- $181,229
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ANNE BITONG (PRESIDENT & CEO)
Highest reported compensation
- ANNE BITONG (PRESIDENT & CEO): $112,602 total reported compensation
- CARRIE WASHNOCK (VP OF CUSTOMER SUCCESS): $82,200 total reported compensation
- LAURA MCELRATH (SECRETARY, VP OF OPERATIONS): $81,453 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At the akron marathon charitable corporation, our mission is to inspire healthier lives and a stronger community through our three-part race series and events. We are committed to creating dynamic, welcoming race experiences that promote fitness, bring people together, and energize our local economy. Our vision is to make active lifestyles accessible and enjoyable for everyone, regardless of age or ability.
What it reported doing in 2025
First energy akron marathon, half marathon & team relay and kids fun run - third and final event in the akron marathon race series which is the marquee race with 8,173 participants and 1,172 volunteers.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 79
- Accountability: 91
- Sustainability: 24
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.1%; rating input score 95
- Program expense ratio: 91.9%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 83.3%; rating input score 83; 1st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 17.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 95.1% of revenue deployed · 91.9% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $113K · 14 people listed
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 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.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.