Overview
What is Running Zone Foundation Inc?
Running Zone Foundation Inc, situated in Melbourne, Florida, is a nonprofit organization committed to promoting and encouraging health and fitness within the community. They achieve this goal through various programs focusing on running, jogging, walking, and related endurance activities, as well as educational resources and publications. The foundation's mission is to inspire and support individuals in maintaining their physical well-being, contributing positively to the community's overall health.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 49%, Zero-Star out of Four Star rating.
The Running Zone Foundation Inc has received a low score of 49% on Charity Navigator, resulting in a Zero-Star rating. This rating reflects significant concerns regarding accountability and financial practices within the organization. While the charity has a majority of independent board members, it lacks essential financial statements and has poorly managed its financial documentation, which has negatively impacted its score.
Despite these shortcomings, the foundation has demonstrated effective program expenses, with an impressive program expense ratio of 97.61%. This indicates that a significant portion of its expenditures is directed toward its mission-driven activities. However, the lack of transparency in financial reporting and missing policies such as whistleblower and document retention measures raises red flags about governance and operational integrity.
In summary, while Running Zone Foundation Inc shows a commitment to its programs, the absence of basic financial accountability measures and documentation severely undermines its performance evaluation. Prospective donors and stakeholders should consider these factors when assessing the organization's overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Running Zone Foundation Inc legitimate?
Running Zone Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Running Zone Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Running Zone Foundation Inc?
The Running Zone Foundation Inc. is committed to fostering health and fitness within their community. They achieve this goal through various programs and publications that encourage running, jogging, and walking. The organization's mission is to inspire people to lead healthier lives by promoting these activities. Additionally, they offer educational resources and publications to further support their mission of promoting physical health and wellness.
Who is the CEO of Running Zone Foundation Inc?
John M Carr Ii is the Director of Running Zone Foundation Inc.
What is the revenue of Running Zone Foundation Inc?
Running Zone Foundation Inc's revenue in 2022 was $1,179,147.
Who are the executives of Running Zone Foundation Inc and what are their salaries?
There 600 volunteers at Running Zone Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Running Zone Foundation Inc?
Running Zone Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Running Zone Foundation Inc
Running Zone Foundation Inc, a nonprofit organization, is dedicated to promoting and encouraging health and fitness within the community. They achieve this goal through various means, primarily focusing on running, jogging, and walking. The foundation also extends its reach to related education programs and publications, aiming to inspire individuals to prioritize their physical well-being. By engaging in these activities, the community can collectively enhance its overall health and vitality.
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Impact
October, 2024
Running Zone Foundation Inc has made a significant impact in the Melbourne, FL community by promoting and encouraging health and fitness through various activities centered around running, jogging, and walking. By offering education programs and publications, the foundation fosters awareness and provides resources that empower individuals to lead healthier lifestyles.
The organization plays a key role in uniting the community through fitness events and initiatives, creating opportunities for people of all ages and abilities to engage in physical activity. This engagement not only enhances individual health but also fosters a sense of community and support among participants. Ultimately, Running Zone Foundation Inc is helping cultivate a healthier, more active population, benefiting both personal wellness and community cohesion.
This information is meant to be a general summary of Running Zone Foundation 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: -$71
- Program Service Revenue: $1,160,650
- Gross Receipts: $1,179,219
Assets and Liabilities:
- Total Assets: $176,181
- Total Liabilities: $126,514
- Net Assets: $49,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE REGISTRATION FEES
Revenue
$1,034,221
RACE SPONSORSHIP FEES
Revenue
$123,289
TRAINING CLINIC FEES
Revenue
$3,140
Organization Details
Founding Year
2008
Phone
(321) 751-8890Principal Officer
John M Carr Ii
Main Address
3696 N WICKHAM RD, MELBOURNE, FL, 32935
NTEE Category
Code: N70 - Recreation
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