Race For Faith Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010814422 ✦ Ocean ridge, FL ✦ Designated as a 501(c)(3)

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Overview

What is Race For Faith Inc?

Race For Faith Inc is a nonprofit organization, headquartered with undisclosed information, that primarily focuses on organizing and conducting special fundraising events to support various charitable causes. One of their significant initiatives was a 5k Race, which raised funds to provide a beach wheelchair for an individual in need and also contributed towards covering the funeral expenses of another. This event serves as a primary source of income for other 501(c)(3) organizations. The organization holds an annual 5k Race as a tradition, aiming to make significant donations to various charitable organizations.


Official website here: www.raceforfaith.com

Is Race For Faith Inc legitimate?

Race For Faith Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Race For Faith Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.raceforfaith.com

What is the mission statement of Race For Faith Inc?

Race For Faith Inc's mission involves organizing annual 5k races to raise funds. Primarily, these funds are utilized to provide a beach wheelchair for an individual and to aid in covering the funeral expenses of another. Additionally, a portion of the funds is directed towards supporting other charitable organizations, serving as a revenue source for them. The organization's mission can be summed up as aiming to contribute financially to various causes, thereby providing assistance and support to individuals in need.


Official website here: www.raceforfaith.com

What is the revenue of Race For Faith Inc?

Race For Faith Inc's revenue in 2024 was $0.


Official website here: www.raceforfaith.com

Who are the executives of Race For Faith Inc and what are their salaries?

Here are 2 key members and their salaries:


Cindy Martel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Martel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raceforfaith.com

Where can I find the form 990EZ for Race For Faith Inc?

Race For Faith Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.raceforfaith.com

Learn more at the official website: www.raceforfaith.com

Mission Statement of Race For Faith Inc

Race For Faith Inc, as a nonprofit organization, is dedicated to two primary missions. Initially, it aims to raise funds for specific causes, such as procurement of a beach wheelchair for an individual in need and contributing to the funeral expenses of another. Beyond this, Race For Faith Inc serves as a platform for organizing and conducting special fundraising events. These events serve as a source of revenue for various charitable organizations. The organization's most notable event is an annual 5k Race, which is specifically designed to raise funds that can be donated to other 501(c)(3) organizations. This ongoing commitment to fundraising and charitable support demonstrates Race For Faith Inc's dedication to making a positive impact in numerous communities.

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Impact




October, 2024

Race For Faith Inc makes a significant impact by organizing annual 5k races that serve multiple charitable purposes. These events not only raise funds to support individuals in need—such as providing beach wheelchairs and assisting with funeral expenses—but also generate revenue to benefit other nonprofit organizations. By creating a community-focused fundraising platform, Race For Faith Inc fosters collaboration among various charities, enhancing their capacity to serve those in need. The annual races galvanize local participants, promoting a spirit of giving and support within the Ocean Ridge community. Through these efforts, Race For Faith Inc effectively channels resources to where they are most needed, reinforcing the importance of collective action in addressing social challenges.




This information is meant to be a general summary of Race For Faith Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2024)
Expenses
$0 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Gross Receipts: $1,015

Assets and Liabilities:

  • Total Assets: $5,700
  • Total Liabilities: $0
  • Net Assets: $5,700

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Organization Details

Principal Officer

Cindy Martel

NTEE Category

Code: X12 - Religion related

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