The Dipsea Race Committee Inc

Nonprofit profile at a glance

EIN
680159572
IRS 990 coverage
2010–2025
Forms available
Form 990 2025, Form 990-EZ 2021
Location
Mill Valley, CA, USA
Phone
4158196567
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$243,626
Expenses
$187,153
Assets
$361,856
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Chris Knez (President)
  • Howard Solomon (Vice President)

People named in this filing

  • Chris Knez (President)
  • Howard Solomon (Vice President)
  • Erin Wagner (Controller)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sponsor Historic Cross County Running Race

What it reported doing in 2025

The organization annually sponsors and conducts a cross country race commonly known as the dipsea race. This race is an historic event which is open to anyone and which is renowened throughout Northern California, other states, as well as internationally.Statement of Dipsea Race Accomplishments for 2025* Foster amateur and national sports competition by organizing and conducted the Historic Dipsea Race with a field of 1,500 participants.* Funded trail repairs for a total of $2,200 on the historic Dipsea trail used by the public year round.* Donation of $22,000 cash to the Dipsea Foundation for purposes of charitable giving.* Fund $2,000 each year since 2012 for the annual creation of a video of the Historic Dipsea Race to document and maintain a video archive of the race for historic purposes.* Donation of invitational race bib to Kiddo! to help Kiddo! raise operational funds for local K-12 schools by auctioning off the bib.* Donation of invitational race bib for auction to help raise $5,000 for an independent film.* Donation of invitational race bib to the Dipsea Foundation to help them raise funds for charitable giving by auctioning off the bibs.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 86% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 93
  • Accountability: 6
  • Sustainability: 69
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.9%; rating input score 67
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: $0.19 raised per $1 spent on fundraising; rating input score 4; 4th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 23.2%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 1.93; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 0.8% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 1.1% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 66.9% of revenue deployed · 86.8% of spending went to programs
  • Governance: 0 of 4 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $163K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 4/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.