Track Guy Foundation
Nonprofit profile at a glance
- EIN
- 843623412
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Tiffin, IA, USA
- Phone
- 3195306775
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy
Reported finances
- Revenue
- $98,797
- Expenses
- $55,069
- Assets
- $82,224
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Mike Jay (President)
- Mike Parker (Vice President)
People named in this filing
- Mike Jay (President)
- Mike Parker (Vice President)
- Jon Weih (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Track Guy Foundation is organized exclusively for charitable and educational purposes to promote and expand access to track & field and cross-country for youth, particularly in Iowa. The Foundation provides running shoes to under served athletes, awards scholarships to graduating seniors, and supports camps, clinics, and coaching programs that build participation, character, and community. Through these initiatives, the Foundation removes financial barriers and inspires young people to pursue healthy, active lives through running and related athletics.
What it reported doing in 2025
The Track Guy Foundation promotes and expands access to track and cross-country for youth across Iowa. During the year, the Foundation provided 334 pairs of new running shoes to kids who could not afford them, awarded sixteen $500 scholarships to graduating seniors, paid six $400 tuition grants for coaches to earn Iowa high school licenses and awarded seven $50 summer camp scholarships. It hosted free hurdle clinics for 102 athletes and two free coaches' clinic with 98 attendees. These programs directly advance the Foundation's charitable mission to support, educate, and inspire young runners and coaches.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 80% 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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 55.7%; rating input score 56
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 44.3%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 27.9% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 30.4% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 32.7% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 55.7% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $55K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.