Overview
What is Runners Edge Foundation?
The Runners Edge Foundation, situated in Boca Raton, Florida, is a dedicated nonprofit organization that advocates for running and physical fitness among individuals of all ages. They achieve this by hosting community events and races, which in 2021, raised funds for health awareness, mental health education, and encouraged the sport as a community activity. The organization also supports other groups and organizations with similar goals, fostering a sense of camaraderie through teams, programs, competitions, and educational initiatives. Their mission extends beyond promoting physical fitness, as they also utilize these platforms to raise awareness for various health-related causes.
Official website here: www.runnersedgefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Runners Edge Foundation has received a Three-Star rating, indicating a strong performance in accountability and finance. The charity's overall score is primarily derived from its accountability and finance beacon, where it achieved an impressive score of 83%. This suggests that Runners Edge Foundation maintains a solid financial structure and adheres to responsible practices in its operations.
The organization demonstrates several strengths, including having a fully independent board and no material diversion of assets, which enhances its credibility and trustworthiness. Additionally, it has a high program expense ratio of 82.86%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.
However, there are areas identified for improvement. The foundation lacks a whistleblower policy, a document retention and destruction policy, and has not posted its tax form on its website as required. Addressing these limitations could further enhance its governance and transparency, providing greater assurance to donors and stakeholders about the organization's commitment to best practices.
This AI summary has been generated from information found on Charity Navigator.
Is Runners Edge Foundation legitimate?
Runners Edge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Runners Edge Foundation 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
Official website here: www.runnersedgefoundation.org
What is the mission statement of Runners Edge Foundation?
The Runners Edge Foundation's mission is geared towards promoting running and physical fitness among individuals of all ages. They achieve this by supporting various groups and organizations with similar objectives through team-based initiatives, programs, and competitions. Additionally, they utilize educational means to further their mission. In 2021, the foundation organized several community events and races to raise funds for health awareness, mental health education, physical fitness, and to encourage running as a communal sport. Beyond these events, the foundation also addresses other objectives, emphasizing the importance of community events in fostering support and motivation for one another.
Official website here: www.runnersedgefoundation.org
Who is the CEO of Runners Edge Foundation?
Thomas Vladimir is the Director of Runners Edge Foundation.
Official website here: www.runnersedgefoundation.org
What is the revenue of Runners Edge Foundation?
Runners Edge Foundation's revenue in 2021 was $30,800.
Official website here: www.runnersedgefoundation.org
Who are the executives of Runners Edge Foundation and what are their salaries?
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
Official website here: www.runnersedgefoundation.org
Where can I find the form 990 for Runners Edge Foundation?
Runners Edge Foundation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.runnersedgefoundation.org
Learn more at the official website: www.runnersedgefoundation.org
Mission Statement of Runners Edge Foundation
The Runners Edge Foundation is dedicated to promoting running and physical fitness among individuals of all ages. This nonprofit organization seeks to achieve this goal by supporting various groups and organizations pursuing the same objectives. They accomplish this through the establishment of teams, the implementation of programs, and the organization of competitions. Furthermore, the Foundation extends its mission to include educational means, aiming to foster a wider understanding and appreciation for the benefits of running and physical fitness.
In 2021, the Runners Edge Foundation showcased its commitment to this cause by organizing four community events, or races. These events served multiple purposes, including raising funds for health awareness, mental health education, and physical fitness initiatives. Additionally, these events aimed to encourage running as a community sport and foster a sense of camaraderie among participants. Beyond these events, the Foundation also addressed other objectives, such as emphasizing the importance of community events in helping and inspiring each other.
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Impact
August, 2024
Runners Edge Foundation has had a significant impact in promoting running and physical fitness to people of all ages. By organizing community events and races, the foundation has been able to raise money for health awareness, mental health education, and physical fitness initiatives. These events not only support and encourage running as a community sport but also emphasize the importance of community involvement and mutual support. Overall, the foundation's efforts have helped inspire individuals to lead a healthy and active lifestyle while fostering a sense of community spirit.
This information is meant to be a general summary of Runners Edge Foundation. 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 2021.
- Program Service Revenue: $30,800
- Gross Receipts: $30,800
Assets and Liabilities:
- Total Assets: $9,217
- Total Liabilities: $0
- Net Assets: $9,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE REVENUE
Revenue
$30,520
DONATION REVENUE
Revenue
$280
Organization Details
Founding Year
2009
Phone
(561) 361-1950Principal Officer
Thomas Vladimir
Main Address
3195 N FEDERAL HIGHWAY, BOCA RATON, FL, 33431
NTEE Category
Code: N60 - Recreation
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