Overview
What is Cleveland Marathon Charities?
Cleveland Marathon Charities is a nonprofit organization situated at 29525 Chagrin Boulevard, Pepper Pike, Ohio 44122. Their primary mission is to financially reward educational institutions, religious establishments, and other non-profit groups that demonstrate their commitment to promoting health and fitness through running activities. The charities accomplish this by granting funds to these organizations. Their mission aligns with the belief that supporting health and fitness initiatives through running can have a positive impact on communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Cleveland Marathon Charities has received an 80% score, indicating a solid level of accountability and financial health, which earns it a Three-Star rating. This score is based entirely on its performance in the Accountability & Finance beacon, showcasing the charity's commitment to transparency and responsible management of resources. The organization has demonstrated excellent governance with a board composed entirely of independent members.
The charity excels in its financial metrics, boasting a Program Expense Ratio of 97.27%, meaning that a significant majority of its expenses go directly to program services rather than administrative costs. Additionally, it has no material diversion of assets and maintains an impressive liabilities to assets ratio of 0.00%, further underscoring its financial stability. The presence of a conflict of interest policy and documented board meeting minutes adds to the credibility of its governance practices.
While the rating reflects strong organizational practices, it is important to consider that the current evaluation is based solely on financial accountability. Potential supporters may seek additional insights into the charity's impact and effectiveness beyond just financial metrics. Overall, Cleveland Marathon Charities appears to be a responsible organization with strong financial oversight and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Cleveland Marathon Charities legitimate?
Cleveland Marathon Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Marathon Charities 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:
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What is the mission statement of Cleveland Marathon Charities?
Cleveland Marathon Charities was established with the objective of financially recognizing and supporting various non-profit organizations, including schools and churches, that demonstrate their commitment to health and fitness by participating in running events. This is achieved through the distribution of grants to these organizations. The mission of Cleveland Marathon Charities is to encourage and promote health and fitness among communities by financially rewarding those who actively participate in such activities. The charities aim to inspire and motivate individuals to lead healthier lives through running and contribute to the well-being of their communities.
Who is the CEO of Cleveland Marathon Charities?
Jack A Staph is the Director of Cleveland Marathon Charities.
What is the revenue of Cleveland Marathon Charities?
Cleveland Marathon Charities's revenue in 2022 was $2,979.
Who are the executives of Cleveland Marathon Charities and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Cleveland Marathon Charities?
Cleveland Marathon Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cleveland Marathon Charities
Cleveland Marathon Charities, established with the purpose of financially rewarding schools, churches, and other non-profit organizations, encourages these entities to promote health and fitness through running activities. By providing grants to organizations that demonstrate their support for this cause, Cleveland Marathon Charities aims to foster a culture of wellness and physical activity within these communities.
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Impact
August, 2024
Cleveland Marathon Charities financially rewards school, church, and other nonprofit groups that show their support of health and fitness through running. Their mission is to promote health and fitness within the community by providing grants to organizations that share this goal. By supporting these groups, Cleveland Marathon Charities is making a positive impact on the overall well-being of individuals and communities in Pepper Pike, Ohio.
This information is meant to be a general summary of Cleveland Marathon Charities. 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 2022.
- Gross Receipts: $2,979
Assets and Liabilities:
- Total Assets: $45,595
- Total Liabilities: $0
- Net Assets: $45,595
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Organization Details
Founding Year
2007
Phone
(216) 378-0140Principal Officer
Jack A Staph
Main Address
29525 CHAGRIN BOULVARD 215, PEPPER PIKE, OH, 44122
NTEE Category
Code: E99 - Health
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