TrackTown USA Inc
Nonprofit profile at a glance
- EIN
- 461562797
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Eugene, OR, USA
- Phone
- 5413436129
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Amateur Sports
Reported finances
- Revenue
- $16,067,123
- Expenses
- $14,329,414
- Assets
- $3,682,196
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Highest reported compensation
- Michael Reilly (Director/Presid): $232,745 total reported compensation
- Jody Smith (COO): $210,145 total reported compensation
- John Brewer (Chief Revenue Offi): $171,537 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To elevate the sport of track and field in the mind of the American public and to enhance the profile of the Eugene-Springfield region and the entire State of Oregon as "Track Town USA" - the premier destination for track and field meets in North America.
What it reported doing in 2024
Youth and community track & field and fitness development activitiesThe 2024 Nike Outdoor Nationals for high school and middle school ages was hosted. The event had more than 4,000 participants. The USATF National Junior Olympics was hosted in 2023 and expenses were finalized in 2024. Additionally, the TrackTown USA Kids Club was developed to nurture tomorrow's track and field fans. The Kids Club membership is free and available to children 8th grade and under, anywhere in the world. Membership in the Kids Club was approximately 2,100.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 70
- Accountability: 79
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 93.9%; rating input score 94
- Fundraising efficiency: $14.28 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 16th 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: 10.8%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 99; 99th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 18.2% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 16.5% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 84.4% of revenue deployed · 93.9% of spending went to programs
- Governance: 4 of 5 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $13.5M in reported program spending
- Leadership: top reported pay $233K · 10 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.1M reported
- Consistency: 27 of 27 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.