Overview
What is Running Usa Inc?
Running U.S.A. Inc., situated in Minneapolis, Minnesota, is a reputable nonprofit organization with a focus on supporting the growth and success of the running industry. Their primary mission involves organizing an annual educational conference, bringing together industry leaders for educational purposes. This event is a significant highlight of their activities. Running U.S.A. Inc. also provides membership services, offering valuable education and helpful resources to running businesses. These services encompass data trends, research reports, webinars, and various networking events, all aimed at fostering the growth and success within the running industry. With a team of five dedicated individuals, Running U.S.A. Inc. plays an essential role in supporting and nurturing the running community.
Official website here: www.runningusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating.
Running USA Inc has received a solid Three-Star rating based on its performance in accountability and finance, reflecting effective governance and a strong focus on transparency. The organization scores particularly well in areas such as having a majority of independent board members and maintaining thorough financial oversight, which indicates a commitment to ethical management and operational integrity.
However, the organization has room for improvement in its policies, notably missing a whistleblower policy and a document retention policy. While these gaps do not overshadow its overall strengths, they suggest the need for enhanced governance practices to bolster its accountability framework further.
The program expense ratio of 76.36% indicates that a significant portion of its expenditures directly supports its programs, which is a positive sign of effective resource allocation. However, the liabilities to assets ratio of 76.77% raises concerns regarding its financial health, suggesting the organization may be operating with a high level of debt relative to its assets. This aspect calls for attention to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Running Usa Inc legitimate?
Running Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Running Usa 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: $147,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,342
For more financial information, click here
Official website here: www.runningusa.org
What is the mission statement of Running Usa Inc?
Running USA, as an organization, focuses on fostering the expansion and prosperity of the running industry. The most significant activity they undertake is the planning, organization, and hosting of an annual educational conference. This event brings together leading figures in the running community, serving an educational purpose. Additionally, Running USA offers membership services, providing valuable education and helpful resources to running businesses. These services include data trends, research reports, webinars, and various networking events.
Official website here: www.runningusa.org
Who is the CEO of Running Usa Inc?
Matthew West is the President of Running Usa Inc. The CEO's salary of Running Usa Inc is $181,250 and their total compensation is $187,496.
Official website here: www.runningusa.org
What is the revenue of Running Usa Inc?
Running Usa Inc's revenue in 2022 was $812,424.
Official website here: www.runningusa.org
Who are the executives of Running Usa Inc and what are their salaries?
The average compensation at Running Usa Inc during 2022 was $65,093. There are 5 employees and 20 volunteers at Running Usa Inc.
Here are 16 key members and their salaries (Running Usa Inc's CEO's salary is $181,250 and their total compensation is $187,496):
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- Compensation: $181,250
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- Other: $6,246
Official website here: www.runningusa.org
Where can I find the form 990 for Running Usa Inc?
Running Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.runningusa.org
Learn more at the official website: www.runningusa.org
Mission Statement of Running Usa Inc
Running USA, as an organization, is committed to advancing the growth and success of the running industry. Their most significant activity involves planning, organizing, and hosting an annual educational conference. This event brings together key leaders in the sport for educational purposes, aiming to foster growth and development within the industry.
Beyond hosting this annual conference, Running USA also offers membership services. These services are designed to provide valuable education and aid to running businesses. The range of services includes data trends, research reports, webinars, and various networking events. By offering these resources, Running USA aims to support the growth and success of businesses within the running industry, ensuring their continued development and prosperity.
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Impact
October, 2024
Running USA Inc significantly shapes the running industry by fostering growth and success through a variety of initiatives. One of its key contributions is the organization of an annual educational conference that unites leaders and stakeholders in the running community. This event serves as a hub for knowledge sharing and collaboration, ensuring that participants are well-equipped with the latest insights and strategies.
Additionally, Running USA Inc provides essential membership services that include valuable resources such as data trends and research reports. These offerings empower running businesses with the necessary tools to thrive in a competitive landscape. The organization also hosts webinars and networking events, creating opportunities for connections and partnerships among industry leaders.
Overall, Running USA Inc plays a pivotal role in advancing the running industry, enhancing education, and fostering a collaborative environment for growth and innovation within the sport.
This information is meant to be a general summary of Running Usa 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: -$5,123
- Program Service Revenue: $805,176
- Gross Receipts: $820,146
Assets and Liabilities:
- Total Assets: $710,193
- Total Liabilities: $408,930
- Net Assets: $301,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$314,607
CONFERENCE REGISTRATIONS
Revenue
$275,303
MEMBERSHIP DUES
Revenue
$212,776
OTHER INCOME
Revenue
$2,490
Organization Details
Founding Year
2000
Phone
(310) 621-0095Principal Officer
Matthew West
Main Address
5123 W 98TH ST 1132, MINNEAPOLIS, MN, 55437
Website
www.runningusa.orgNTEE Category
Code: N40 - Recreation
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