Overview
What is The Akron Marathon Charitable Corporation?
The Akron Marathon Charitable Corporation, located at 155 E VORIS STREET, AKRON, OH 44311, is a nonprofit organization that hosts the FIRST ENERGY AKRON MARATHON, HALF MARATHON & TEAM RELAY AND KIDS FUN RUN. With a mission to promote health and fitness, this event is the marquee race in the Akron Marathon Race Series, attracting over 7,300 participants and 2,000 volunteers. Beyond the race, the corporation aims to stimulate economic development, galvanize the community, and support charitable causes, contributing positively to the local area and its people. The organization operates with a dedicated team of seven individuals.
Official website here: www.akronmarathon.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating). The Akron Marathon Charitable Corporation has earned a solid score based entirely on its accountability and finance practices. With a score of 81 in this category, the organization demonstrates a strong commitment to transparency and good governance.
The organization boasts a fully independent board, with all 11 members meeting the requirement, which contributes positively to its governance score. It has also been recognized for having no material diversion of assets, strong financial ratios, and comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention. Additionally, the high program expense ratio of 92.13% indicates that a significant portion of its resources is directed toward its charitable activities.
However, while the score reflects well on its financial accountability, there are no ratings provided for other dimensions such as impact and effectiveness, which are not captured in this assessment. This focus solely on financial aspects might leave potential donors wanting more information about the organization's overall mission impact and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Akron Marathon Charitable Corporation legitimate?
The Akron Marathon Charitable Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Akron Marathon Charitable Corporation 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: $217,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,849
For more financial information, click here
Official website here: www.akronmarathon.org
What is the mission statement of The Akron Marathon Charitable Corporation?
The Akron Marathon Charitable Corporation's mission is centered around organizing a top-notch marathon that encourages health and fitness, while also contributing to various charitable initiatives. This mission extends beyond physical wellness, as it aims to stimulate economic development and engage the local community. The corporation's events, such as the Akron Marathon, Half Marathon, Team Relay, and Kids Fun Run, attract a substantial number of participants and volunteers, serving as a significant event in the city.
Official website here: www.akronmarathon.org
Who is the CEO of The Akron Marathon Charitable Corporation?
Melissa Johnson is the Board Vice Chair of The Akron Marathon Charitable Corporation.
Official website here: www.akronmarathon.org
What is the revenue of The Akron Marathon Charitable Corporation?
The Akron Marathon Charitable Corporation's revenue in 2022 was $1,300,326.
Official website here: www.akronmarathon.org
Who are the executives of The Akron Marathon Charitable Corporation and what are their salaries?
The average compensation at The Akron Marathon Charitable Corporation during 2022 was $54,090. There are 7 employees and 2000 volunteers at The Akron Marathon Charitable Corporation.
Here are 13 key members and their salaries:
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- Compensation: $61,941
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- Other: $712
- Compensation: $61,680
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- Other: $678
Official website here: www.akronmarathon.org
Where can I find the form 990 for The Akron Marathon Charitable Corporation?
The Akron Marathon Charitable Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.akronmarathon.org
Learn more at the official website: www.akronmarathon.org
Mission Statement of The Akron Marathon Charitable Corporation
The Akron Marathon Charitable Corporation, a notable entity, is committed to delivering an exceptional marathon event that fosters health and fitness, as well as other charitable causes. This organization's mission goes beyond just organizing a race; it aims to promote physical well-being, encourage community engagement, and support charitable organizations. By hosting the First Energy Akron Marathon, Half Marathon, & Team Relay, and the Kids Fun Run, the corporation brings together over 7,300 participants and 2,000 volunteers for this marquee event in its annual series. This world-class marathon not only galvanizes the community but also contributes to economic development, thereby benefiting various charitable organizations.
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Impact
July, 2024
The Akron Marathon Charitable Corporation's impact is substantial, as it provides a world-class marathon that promotes health and fitness, economic development, and benefits charitable organizations. The First Energy Akron Marathon, Half Marathon & Team Relay, along with the Kids Fun Run, is a marquee event in the Akron Marathon Race Series, drawing 7,300 participants and involving 2,000 volunteers. This event not only promotes physical well-being and community engagement but also raises funds for various charitable causes, making a positive difference in the Akron community.
This information is meant to be a general summary of The Akron Marathon Charitable Corporation. 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: -$282
- Program Service Revenue: $637,467
- Gross Receipts: $1,584,641
Assets and Liabilities:
- Total Assets: $765,250
- Total Liabilities: $122,387
- Net Assets: $642,863
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$637,467
Organization Details
Founding Year
2002
Phone
(330) 434-2786Principal Officer
Melissa Johnson
Main Address
155 E VORIS STREET, AKRON, OH, 44311
Website
www.akronmarathon.orgNTEE Category
Code: T12 - Philanthropy
If you are a representative of The Akron Marathon Charitable Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.