Overview
What is Tracktown Usa Inc?
Tracktown Usa Inc, a nonprofit organization based in Eugene, Oregon, is dedicated to promoting and elevating the sport of track and field within the United States. With a team of 67 employees, they have successfully hosted notable competitions such as the 2022 World Athletics Championships, 2022 USATF National Championships, and the 2022 Prefontaine Classic. Their mission extends beyond organizing events, as they aim to establish Eugene-Springfield as the prime destination for track and field meets in North America, enhancing the region's and state's reputation. Their headquarters in Eugene, Oregon, supports both national and international track and field competitions and contributes to the hosting of the NCAA Track and Field Championships.
Official website here: www.gotracktownusa.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Star rating)
Tracktown USA Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in financial accountability and transparency. The organization demonstrates strong governance practices, with an independent board and effective conflict of interest and whistleblower policies in place. However, it has significant deficiencies in financial reporting and transparency, as highlighted by a score of 0 out of 12 for financial statements.
The organization excels in program expenses, allocating 95.11% of its resources directly to its mission, which is a positive sign of its commitment to its stated goals. Additionally, the liabilities to assets ratio is commendable at 9.94%, indicating a manageable level of debt compared to its assets. However, its fundraising efficiency is notably poor, with a ratio of $0.01, which raises concerns about its ability to generate funds effectively to support its operations and programs.
Overall, while Tracktown USA Inc shows strengths in governance and program spending, the lack of financial statement transparency and low fundraising efficiency suggest areas needing improvement. Prospective donors and stakeholders should consider these factors when evaluating the organization's overall impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Tracktown Usa Inc legitimate?
Tracktown Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tracktown 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: $556,509
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,833,299
For more financial information, click here
Official website here: www.gotracktownusa.com
What is the mission statement of Tracktown Usa Inc?
Tracktown USA Inc strives to elevate the popularity of track and field in the American public eye and boost the reputation of the sport in North America. Their mission is to position the sport at the forefront as a premier destination for top track and field meets. Throughout the year, they hosted several significant events, including the 2022 World Athletics Championships, 2022 USATF National Championships, and 2022 Prefontaine Classic, as well as supporting the 2022 NCAA Track and Field Championships. By organizing and promoting these high-profile competitions, Tracktown USA Inc helps to solidify the sport's standing and increase its visibility within the US and beyond.
Official website here: www.gotracktownusa.com
Who is the CEO of Tracktown Usa Inc?
Michael Reilly is the Coo, Or 22 of Tracktown Usa Inc. The CEO's salary of Tracktown Usa Inc is $393,605 and their total compensation is $393,605.
Official website here: www.gotracktownusa.com
What is the revenue of Tracktown Usa Inc?
Tracktown Usa Inc's revenue in 2022 was $55,666,082.
Official website here: www.gotracktownusa.com
Who are the executives of Tracktown Usa Inc and what are their salaries?
The average compensation at Tracktown Usa Inc during 2022 was $50,594. There are 67 employees and 2233 volunteers at Tracktown Usa Inc.
Here are 17 key members and their salaries (Tracktown Usa Inc's CEO's salary is $393,605 and their total compensation is $393,605):
- Compensation: $391,256
- Related: $0
- Other: $12,395
- Compensation: $393,605
- Related: $0
- Other: $0
- Compensation: $225,000
- Related: $0
- Other: $7,904
- Compensation: $230,900
- Related: $0
- Other: $0
- Compensation: $162,200
- Related: $0
- Other: $7,904
- Compensation: $100,975
- Related: $0
- Other: $4,252
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gotracktownusa.com
Where can I find the form 990 for Tracktown Usa Inc?
Tracktown Usa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gotracktownusa.com
Learn more at the official website: www.gotracktownusa.com
Mission Statement of Tracktown Usa Inc
Tracktown USA Inc is a nonprofit organization with a mission to elevate the reputation of track and field in the United States and establish Eugene-Springfield and Oregon as the go-to destination for esteemed track and field meets in North America. The organization's primary goal is to heighten the public's interest in track and field sports and boost the status of the entire Oregon state as a premier track and field hub.
Throughout the year, Tracktown USA Inc hosts and supports some of the most prestigious track and field events in the country. In 2022, it played a pivotal role in organizing the World Athletics Championships, USATF National Championships, and Prefontaine Classic. Additionally, it provided assistance to the NCAA Track and Field Championships, further cementing its role as a significant player in the track and field community. By hosting these renowned competitions, Tracktown USA Inc attracts world-class athletes and fans, solidifying its reputation as the leading destination for track and field meets in North America.
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Impact
October, 2024
TrackTown USA Inc significantly elevates the sport of track and field within the American public's consciousness and enhances the profile of the Eugene-Springfield region and Oregon as a prime destination for track and field events. By hosting prestigious national and international competitions, such as the 2022 World Athletics Championships, the 2022 USATF National Championships, and the 2022 Prefontaine Classic, the organization positions itself at the forefront of the athletic world.
These high-profile events not only showcase elite athletic talent but also draw attention, tourism, and economic benefits to the local community. The commitment to fostering a vibrant track and field culture contributes to Eugene's reputation as "Track Town USA," further solidifying its status as the premier venue for track and field meets in North America. This impact resonates beyond the sporting community, promoting a broader appreciation for athleticism and healthy living while inspiring future generations of athletes.
This information is meant to be a general summary of Tracktown 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: $49,871
- Program Service Revenue: $12,274,166
- Gross Receipts: $55,753,995
Assets and Liabilities:
- Total Assets: $2,857,908
- Total Liabilities: $284,379
- Net Assets: $2,573,529
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Track & Field Events
Revenue
$12,274,166
Organization Details
Founding Year
2013
Phone
(541) 343-6129Principal Officer
Michael Reilly
Main Address
PO Box 11141, Eugene, OR, 97440
Website
www.gotracktownusa.comNTEE Category
Code: N60 - Recreation
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