Overview
What is Roadrunner Foundation?
The Roadrunner Foundation is a charitable organization based in San Antonio, Texas, with a postal address of PO Box 691148. Its primary mission is to raise funds and offer support for the athletic programs and activities at the University of Texas at San Antonio (UTSA), as permitted by law. By doing so, the Roadrunner Foundation aims to bolster and enhance the athletic endeavors of the over 350 student-athletes representing UTSA, often wearing the school's colors of orange and blue as the Roadrunners. The organization's purpose is to foster the growth of champions by backing the UTSA Department of Intercollegiate Athletics.
Official website here: www.roadrunnerfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 45%, Zero-Star out of Four Star rating.
The Roadrunner Foundation has received a low rating of 45% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While it has a perfect score for governance aspects, such as having a majority independent board and effective policies in place, the organization's financial health is troubling, with a score of 0 in both program expense and fundraising efficiency ratios.
Strengths noted include the foundation's adherence to governance standards, evident from its comprehensive conflict of interest and whistleblower policies, as well as thorough documentation practices. However, the major limitations arise from its financial reporting, which lacks clarity and effectiveness, evidenced by the dismal scores in essential financial ratios. This raises questions about the organization's ability to sustain its operations and effectively allocate resources towards its mission.
Overall, while the governance structure of the Roadrunner Foundation appears robust, the financial management practices need significant improvement to enhance accountability and better serve its intended beneficiaries. Prospective donors and stakeholders should weigh these aspects carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Roadrunner Foundation legitimate?
Roadrunner Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roadrunner 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:
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For more financial information, click here
Official website here: www.roadrunnerfoundation.org
What is the mission statement of Roadrunner Foundation?
The Roadrunner Foundation's mission is centered around aiding in the development of champions. It accomplishes this by providing support to the University of Texas at San Antonio's Department of Intercollegiate Athletics and its over 350 student-athletes, who represent the university in various sports with the colors orange and blue as their emblem. This support is primarily in the form of fundraising, which is used to enhance and bolster the athletic programs and activities at UTSA, in accordance with legal regulations. The foundation's ultimate goal is to contribute to the growth and success of these student-athletes, fostering their development as champions.
Official website here: www.roadrunnerfoundation.org
What is the revenue of Roadrunner Foundation?
Roadrunner Foundation's revenue in 2023 was $2,712,423.
Official website here: www.roadrunnerfoundation.org
Who are the executives of Roadrunner Foundation and what are their salaries?
There 9 volunteers at Roadrunner Foundation.
Here are 13 key members and their salaries:
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Official website here: www.roadrunnerfoundation.org
Where can I find the form 990 for Roadrunner Foundation?
Roadrunner Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.roadrunnerfoundation.org
Learn more at the official website: www.roadrunnerfoundation.org
Mission Statement of Roadrunner Foundation
The Roadrunner Foundation, in its mission, aims to contribute to the development of champions. It accomplishes this by providing support to the University of Texas at San Antonio's Department of Intercollegiate Athletics and its 350+ student-athletes who represent the Roadrunners. The foundation's primary objective is to raise funds and offer resources, as permitted by law, to enhance the athletic programs and activities at UTSA. This backing allows the university's athletic department to further its endeavors and empower its student-athletes to reach their full potential as champions.
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Impact
July, 2024
The Roadrunner Foundation's impact is significant in aiding the development of champions at the University of Texas at San Antonio. By supporting the university's Department of Intercollegiate Athletics and the 350+ student-athletes who represent the Roadrunners, the foundation plays a crucial role in enhancing athletic programs and activities. Through fundraising and resources provided in compliance with the law, the Roadrunner Foundation contributes to the overall success and growth of UTSA's athletic endeavors.
This information is meant to be a general summary of Roadrunner 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 2023.
- Investment Income: $2,344
- Gross Receipts: $3,912,829
Assets and Liabilities:
- Total Assets: $42,680,701
- Total Liabilities: $19,601,844
- Net Assets: $23,078,857
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Organization Details
Founding Year
2011
Principal Officer
Michael Bazemore
Website
www.roadrunnerfoundation.orgNTEE Category
Code: B114 - Education
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