Overview
What is Indianapolis Monumental Marathon Inc?
Indianapolis Monumental Marathon Inc, also known as Beyond Monumental, is a nonprofit organization based in Indianapolis, Indiana. Their primary mission is to support youth health and wellness in the Central Indiana area. They achieve this by hosting three annual running events: the Indianapolis Monumental Mile, the Indy Half at Fort Ben, and the CNO Financial Indianapolis Monumental Marathon. The proceeds from these events are utilized to fund local education initiatives and programs related to running. The organization actively encourages youth to adopt healthy lifestyles by educating them about exercise, proper diet, and overall well-being. In 2022, they introduced a new 10K distance at the Indy Half at Fort Ben and organized a stand-alone race for the Monumental Kids Movement, benefiting participating Indianapolis area schools. With a team of 10 dedicated individuals, Beyond Monumental is committed to promoting health, physical fitness, and wellness within the Indianapolis community.
Official website here: www.beyondmonumental.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
Indianapolis Monumental Marathon Inc has received a Three-Star rating from Charity Navigator, indicating a solid overall performance in accountability and finance. The charity's score is predominantly based on their accountability metrics, which demonstrate that they maintain a high standard of governance and responsible financial practices.
The organization showcases strengths such as a fully independent board, a low liabilities to assets ratio, and a high program expense ratio of 84.70%, which indicates that a significant portion of their expenses is directed towards their programs. Additionally, they have listed their website on their tax form and maintain a conflict of interest policy, which reflects a commitment to transparency and ethical practices.
However, one notable limitation is the absence of a whistleblower policy, which could impact the overall governance framework. While the organization is performing well in many areas, addressing this gap may enhance their accountability and trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Indianapolis Monumental Marathon Inc legitimate?
Indianapolis Monumental Marathon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indianapolis Monumental Marathon 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: $192,069
Professional Fundraising Fees: $0
Other Salaries and Wages: $306,163
For more financial information, click here
Official website here: www.beyondmonumental.org
What is the mission statement of Indianapolis Monumental Marathon Inc?
The Indianapolis Monumental Marathon Inc actively supports the health and well-being of youth by providing access to exceptional events and programs centered around the sport of running. By educating young individuals about the benefits of exercise, proper diet, and healthy living, the organization promotes health, physical fitness, and wellness within the community. Utilizing proceeds from events and fundraising activities, particularly a marathon, the company contributes to funding local educational initiatives and programs related to running.
Official website here: www.beyondmonumental.org
What is the revenue of Indianapolis Monumental Marathon Inc?
Indianapolis Monumental Marathon Inc's revenue in 2023 was $1,985,256.
Official website here: www.beyondmonumental.org
Who are the executives of Indianapolis Monumental Marathon Inc and what are their salaries?
The average compensation at Indianapolis Monumental Marathon Inc during 2023 was $62,279. There are 8 employees and 1466 volunteers at Indianapolis Monumental Marathon Inc.
Here are 17 key members and their salaries:
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Official website here: www.beyondmonumental.org
Where can I find the form 990 for Indianapolis Monumental Marathon Inc?
Indianapolis Monumental Marathon Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.beyondmonumental.org
Learn more at the official website: www.beyondmonumental.org
Mission Statement of Indianapolis Monumental Marathon Inc
Indianapolis Monumental Marathon Inc is an organization that actively supports the health and well-being of youth by providing access to exceptional events and programs centered around the sport of running. Their mission is multifaceted, aiming to educate Indy's youth about the benefits of exercise, proper diet, and healthy living. By promoting health, physical fitness, and wellness within the community, they strive to inspire young individuals to lead active and healthy lives.
The nonprofit utilizes proceeds from events and fundraising activities, particularly from a marathon, to support local education initiatives and programs centered around running. This approach allows them to invest in the development of future generations, fostering a sense of community involvement and commitment to health and fitness. By providing youth with opportunities to participate in exceptional events and programs, Indianapolis Monumental Marathon Inc is making a significant contribution to the well-being of its community.
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Impact
October, 2024
Indianapolis Monumental Marathon Inc significantly impacts youth health and well-being in Central Indiana through its running events and educational initiatives. By hosting a series of exceptional races, including the Indianapolis Monumental Mile, the Indy Half at Fort Ben, and the CNO Financial Indianapolis Monumental Marathon, the organization channels proceeds into programs that promote fitness and healthy living among local youth.
The funds raised not only support student participation in the APEX Benefits Monumental Kids Movement but also help educate children about the importance of exercise and proper nutrition. In recent years, the organization has introduced new race distances, like a 10K and a 5K, to engage more participants and expand its reach within the community.
With a commitment to wellness, Indianapolis Monumental Marathon Inc plays an essential role in fostering a culture of health and physical fitness in Indianapolis, thereby empowering the next generation to prioritize their health and develop lasting habits for a healthier lifestyle.
This information is meant to be a general summary of Indianapolis Monumental Marathon 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: $49,870
- Program Service Revenue: $1,504,360
- Gross Receipts: $2,495,059
Assets and Liabilities:
- Total Assets: $1,534,289
- Total Liabilities: $25,684
- Net Assets: $1,508,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONUMENTAL MARATHON EV
Revenue
$1,322,697
INDY HALF EVENT REVENU
Revenue
$135,844
MONUMENTAL MILE EVENT
Revenue
$19,374
MKM & DONATIONS
Revenue
$18,887
ROAD TO LADY VICTORY
Revenue
$6,134
Organization Details
Founding Year
2008
Principal Officer
Jedediah Cornforth
Website
www.beyondmonumental.orgNTEE Category
Code: E70 - Health
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