Overview
What is The Boilermaker Road Race Inc?
The Boilermaker Road Race Inc, established in Utica, New York, is a nonprofit organization dedicated to charitable and educational causes. Their primary mission is to promote and enhance long-distance running across the United States, with a focus on organizing road races. Their activities include hosting various running events such as a 15K run, a 5K run, a youth run, a Halloween kids run, a youth Olympics, a health and fitness expo, and a community outreach program. Furthermore, they engage in charitable fundraising activities. Based on the provided information, they operate with a team of eight dedicated individuals.
Official website here: www.boilermaker.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Boilermaker Road Race Inc has achieved an impressive 92% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This score is solely based on their accountability measures, indicating that the organization's financial practices are well-managed and transparent. With a focus on financial oversight, they have demonstrated effective governance through independent board membership and stringent policies.
The organization boasts a 100% independent board, which enhances its credibility and decision-making processes. They have a robust audit and oversight committee, showcasing their dedication to fiscal responsibility. Their low liabilities to assets ratio and high program expense ratio indicate that the majority of their funding is directed towards their mission-related activities, ensuring that resources are effectively utilized.
Despite the positive financial standing, the rating does not provide insights into programmatic outcomes or impacts of their initiatives. While the financial framework is solid, potential donors and stakeholders may wish to explore the effectiveness of the organization's programs further to understand its overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Boilermaker Road Race Inc?
94% of 562 reviewers on Facebook recommend The Boilermaker Road Race Inc. Here is a summary of their reviews:
Many participants expressed enthusiasm for the challenging course, highlighting that it adds to the overall excitement of the event. The strong sense of community support along the route was also frequently mentioned as a significant positive aspect, making the experience more enjoyable for runners.
Additionally, the post-race party received frequent praise, with attendees noting it as a fantastic way to celebrate after completing the race. Overall, the nonprofit appears to deliver a well-rounded experience, capturing both the competitive spirit of running and the joy of community celebration.
This AI summary has been generated from reviews found on Facebook.
Is The Boilermaker Road Race Inc legitimate?
The Boilermaker Road Race Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Boilermaker Road Race Inc submitted a form 990, 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: $128,953
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,592
For more financial information, click here
Official website here: www.boilermaker.com
What is the mission statement of The Boilermaker Road Race Inc?
The Boilermaker Road Race Inc operates with the primary objective of promoting charity and education, and furthering charitable purposes. This is achieved by distributing funds for such purposes and specifically by advancing and enhancing long-distance running throughout the United States. This includes organizing various road races. The organization sponsors several events, such as 15K and 5K runs, youth runs, a health and fitness expo, and a community outreach program, among others, to support these objectives. Additionally, they engage in charitable fundraising activities.
Official website here: www.boilermaker.com
What is the revenue of The Boilermaker Road Race Inc?
The Boilermaker Road Race Inc's revenue in 2023 was $1,446,763.
Official website here: www.boilermaker.com
Who are the executives of The Boilermaker Road Race Inc and what are their salaries?
The average compensation at The Boilermaker Road Race Inc during 2023 was $49,193. There are 8 employees and 2100 volunteers at The Boilermaker Road Race Inc.
Here are 9 key members and their salaries:
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- Compensation: $122,505
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- Other: $6,448
Official website here: www.boilermaker.com
Where can I find the form 990 for The Boilermaker Road Race Inc?
The Boilermaker Road Race Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.boilermaker.com
Learn more at the official website: www.boilermaker.com
Mission Statement of The Boilermaker Road Race Inc
The Boilermaker Road Race Inc, with a mission to operate for the betterment of charity, education, and other charitable purposes, primarily achieves this goal by distributing its funds towards such objectives. Notably, this organization promotes and enhances long-distance running throughout the United States, going beyond just distributing funds. To achieve this mission, The Boilermaker Road Race Inc operates various road races, including a 15K run, a 5K run, a youth run, a Halloween kids run, a youth Olympics, a health and fitness expo, a community outreach program, and charitable fundraising events. By engaging in these activities, The Boilermaker Road Race Inc not only supports the advancement of charity and education but also encourages long-distance running as a means of promoting overall wellness and community participation.
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Impact
October, 2024
The Boilermaker Road Race Inc. significantly impacts the community and the broader running culture in the United States through its various initiatives and events. By sponsoring a range of races, including a 15K run, a 5K run, and youth-oriented activities, it fosters a spirit of physical fitness and encourages participation in long-distance running.
The organization also plays a critical role in promoting health and well-being through its Health and Fitness Expo, which educates attendees on fitness and nutrition. Additionally, it engages in community outreach programs that strengthen local connections and support charitable fundraising efforts.
Through these activities, the Boilermaker Road Race Inc. enhances the sporting landscape while supporting charitable and educational purposes, ultimately benefiting individuals and organizations within the community. Its mission to operate for the advancement of charity and education showcases its commitment to making a positive difference both locally and nationally.
This information is meant to be a general summary of The Boilermaker Road Race 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $24,597
- Program Service Revenue: $676,257
- Gross Receipts: $1,556,006
Assets and Liabilities:
- Total Assets: $3,030,439
- Total Liabilities: $62,512
- Net Assets: $2,967,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOILERMAKER ROAD RACE
Revenue
$655,013
ERIE CANAL RACE
Revenue
$21,244
Organization Details
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