Overview
What is Pittsburgh Three Rivers Marathon Inc?
Pittsburgh Three Rivers Marathon Inc, commonly known as P3R, is a nonprofit organization located at 810 River Avenue 120, Pittsburgh, PA 15212. Their primary mission is to inspire individuals to run and move, achieving this goal by organizing and partnering with other organizations to host a variety of events. In fiscal year 2022, P3R successfully managed 17 events, catering to over 55,000 runners. Among these participants, 8,000 were youth. P3R's charitable efforts in 2022 resulted in raising an impressive $940,000 for their partner organizations. With a dedicated workforce of 57 employees, P3R serves as the driving force behind Pittsburgh's most renowned races, inspiring and engaging its community.
Official website here: www.p3r.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Pittsburgh Three Rivers Marathon Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization has scored 96% in this category, indicating excellent practices in financial management and governance. The rating is particularly impressive as it is based entirely on the Accountability & Finance beacon, showcasing the charity's focus on maintaining transparency and responsible stewardship of funds.
The nonprofit features an independent board with 100% independent members, which contributes to its high score in governance. Furthermore, it has an exemplary track record with no significant asset diversions, robust financial oversight through an audit committee, and well-documented policies for conflict of interest and whistleblower protections. These elements play a crucial role in building trust with donors and stakeholders.
Despite its strengths, potential donors may want to consider that the rating is solely focused on financial accountability, and further insights into the impact of its programs and services might be beneficial. Nonetheless, the high program expense ratio of 78.90% indicates that a significant portion of funds is being directed towards its mission-related activities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Pittsburgh Three Rivers Marathon Inc?
100% of reviewers on Facebook recommend the Pittsburgh Three Rivers Marathon Inc. Here is a summary of their thoughts:
Participants express a strong sense of belonging and support, regardless of their running ability or age. The organization prioritizes making everyone feel welcome and ensures that all runners have what they need for a successful and enjoyable experience. Even in challenging weather conditions like a wind chill of 4 degrees, users report having a fantastic time and are eager to participate in future events.
Overall, the positive sentiment reflects the nonprofit's commitment to inclusivity and participant satisfaction, making it a highly regarded choice for running enthusiasts of all levels.
This AI summary has been generated from reviews found on Facebook.
Is Pittsburgh Three Rivers Marathon Inc legitimate?
Pittsburgh Three Rivers Marathon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsburgh Three Rivers 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: $553,838
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,306,422
For more financial information, click here
Official website here: www.p3r.org
What is the mission statement of Pittsburgh Three Rivers Marathon Inc?
Pittsburgh Three Rivers Marathon Inc., as the driving force behind Pittsburgh's most prominent races, aims to motivate everyone to run and engage in physical activity. Their primary mission is to inspire people of all backgrounds to participate in these events, promoting an active lifestyle. In the fiscal year 2022, they organized or collaborated with other organizations to host a total of 17 events, attracting over 55,000 runners, including 8,000 youth. Through these events, they managed to raise $940,000 for their charity partners.
Official website here: www.p3r.org
Who is the CEO of Pittsburgh Three Rivers Marathon Inc?
Troy Schooley is the Ceo of Pittsburgh Three Rivers Marathon Inc. The CEO's salary of Pittsburgh Three Rivers Marathon Inc is $272,103 and their total compensation is $284,860.
Official website here: www.p3r.org
What is the revenue of Pittsburgh Three Rivers Marathon Inc?
Pittsburgh Three Rivers Marathon Inc's revenue in 2022 was $6,048,997.
Official website here: www.p3r.org
Who are the executives of Pittsburgh Three Rivers Marathon Inc and what are their salaries?
The average compensation at Pittsburgh Three Rivers Marathon Inc during 2022 was $32,636. There are 57 employees and 350 volunteers at Pittsburgh Three Rivers Marathon Inc.
Here are 20 key members and their salaries (Pittsburgh Three Rivers Marathon Inc's CEO's salary is $272,103 and their total compensation is $284,860):
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- Other: $19,848
Official website here: www.p3r.org
Where can I find the form 990 for Pittsburgh Three Rivers Marathon Inc?
Pittsburgh Three Rivers Marathon Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.p3r.org
Learn more at the official website: www.p3r.org
Mission Statement of Pittsburgh Three Rivers Marathon Inc
Pittsburgh Three Rivers Marathon, Inc. (P3R) serves as the driving force behind Pittsburgh's most renowned races, with a mission to motivate and encourage individuals of all abilities to run and move. This nonprofit organization strives to inspire a sense of movement within the community, hosting a diverse range of events. In the fiscal year 2022, P3R managed a total of 17 events, attracting over 55,000 runners, including 8,000 youth. These events, either organized directly by P3R or in partnership with other organizations, provided an opportunity for participants to engage in physical activity while also raising funds for charitable causes. During this period, the organization raised an impressive $940,000 for its charity partners, further demonstrating its commitment to promoting health, fitness, and community engagement.
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Impact
October, 2024
Pittsburgh Three Rivers Marathon Inc significantly impacts the community by organizing major running events that inspire and engage participants of all ages and skill levels. In fiscal year 2022 alone, it hosted 17 events, drawing over 55,000 runners, including 8,000 youth, promoting active lifestyles and fostering a sense of community through fitness.
Additionally, the organization raises substantial funds for various charity partners, contributing $940,000 to support important causes in the region. This financial impact not only aids charities but also enhances the overall community spirit surrounding these events, making a positive difference in Pittsburgh and beyond. By encouraging movement and participation, Pittsburgh Three Rivers Marathon Inc plays a crucial role in promoting health, wellness, and social connections among residents.
This information is meant to be a general summary of Pittsburgh Three Rivers 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 2022.
- Investment Income: $24,926
- Program Service Revenue: $2,964,153
- Gross Receipts: $6,185,727
Assets and Liabilities:
- Total Assets: $3,491,407
- Total Liabilities: $837,726
- Net Assets: $2,653,681
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE DAY FEES
Revenue
$2,358,180
OTHER EVENTS
Revenue
$605,973
Organization Details
Founding Year
2008
Phone
(412) 586-7785Principal Officer
Troy Schooley
Main Address
810 RIVER AVENUE 120, PITTSBURGH, PA, 15212
Website
www.p3r.orgNTEE Category
Code: N63 - Recreation
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