Overview
What is Cowtown Marathon Inc?
Cowtown Marathon Inc, based in Fort Worth, Texas, is a nonprofit organization primarily known for organizing annual marathons, 10K, and 5K races. With over 21,000 individuals participating annually, the events attract runners from across the United States and over 10 foreign countries. Beyond these races, the organization also focuses on promoting healthy lifestyles among children through the C.A.L.F. (Creating Active Lifestyles for Families) program, educating them about the benefits of physical fitness and nutrition. Cowtown Marathon Inc employs a team of 13 individuals to carry out its mission.
Official website here: www.cowtownmarathon.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Cowtown Marathon Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 77%. This rating is based solely on the Accountability & Finance beacon, indicating that the organization has a strong focus on financial management and governance practices.
The organization demonstrates notable strengths, including 84% of its board members being independent, a high program expense ratio of 89.69%, and no reported material diversions of assets. These aspects suggest that Cowtown Marathon Inc prioritizes its mission and utilizes its resources effectively to support its programs.
However, a significant limitation noted is the absence of a whistleblower policy, which may raise concerns regarding transparency and accountability. While the organization maintains a solid financial standing, addressing this gap could enhance its governance framework and overall trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cowtown Marathon Inc legitimate?
Cowtown Marathon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cowtown Marathon 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: $146,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $274,844
For more financial information, click here
Official website here: www.cowtownmarathon.org
What is the mission statement of Cowtown Marathon Inc?
Cowtown Marathon Inc's mission is centered around organizing various races, including the annual Fort Worth Cowtown Marathon, 10K, and 5K, attracting over 21,000 participants annually. The organization also promotes and educates children about the significance of adopting a healthy lifestyle through physical fitness and nutrition, through a program named C.A.L.F. Their primary goal is to encourage individuals to lead active and nutritious lives.
Official website here: www.cowtownmarathon.org
Who is the CEO of Cowtown Marathon Inc?
Marc Weaver is the Secretary Of Board of Cowtown Marathon Inc.
Official website here: www.cowtownmarathon.org
What is the revenue of Cowtown Marathon Inc?
Cowtown Marathon Inc's revenue in 2023 was $2,088,806.
Official website here: www.cowtownmarathon.org
Who are the executives of Cowtown Marathon Inc and what are their salaries?
The average compensation at Cowtown Marathon Inc during 2023 was $32,417. There are 13 employees and 3400 volunteers at Cowtown Marathon Inc.
Here are 19 key members and their salaries:
- Compensation: $138,827
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- Other: $1,639
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Official website here: www.cowtownmarathon.org
Where can I find the form 990 for Cowtown Marathon Inc?
Cowtown Marathon Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cowtownmarathon.org
Learn more at the official website: www.cowtownmarathon.org
Mission Statement of Cowtown Marathon Inc
Cowtown Marathon Inc, a notable organization, is dedicated to conducting annual marathons, 10K, and 5K road races, along with various other races throughout the year. Their primary objective is to engage over 28,000 participants in these events. Beyond the competitive aspect, Cowtown Marathon Inc also aims to educate children about the significance of maintaining a healthy lifestyle through physical fitness and nutrition. They accomplish this through the C.A.L.F. program, which encourages this ethos among the younger generation.
The annual Fort Worth Cowtown Marathon, 10K, and 5K road races serve as the cornerstone of Cowtown Marathon Inc's mission. This event attracts runners from every state in the United States and over ten foreign countries, making it a truly international event. The organization's main focus lies in promoting physical activity and the importance of a balanced lifestyle, both in competitive settings and in everyday life. Through their events and educational initiatives, Cowtown Marathon Inc strives to inspire individuals of all ages to embrace a healthier lifestyle, fostering a sense of community and camaraderie in the process.
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Impact
July, 2024
Cowtown Marathon Inc's impact lies in its ability to promote and educate individuals about the importance of creating a healthy lifestyle through physical fitness and nutrition. With over 28,000 participants engaging in events like the Fort Worth Cowtown Marathon, 10K, and 5K road races, the organization plays a significant role in fostering a culture of wellness and exercise. By hosting various races throughout the year and reaching participants from all over the United States and foreign countries, Cowtown Marathon Inc is actively encouraging individuals to prioritize their health and well-being.
This information is meant to be a general summary of Cowtown Marathon 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 2023.
- Investment Income: $688
- Program Service Revenue: $1,573,604
- Gross Receipts: $2,130,995
Assets and Liabilities:
- Total Assets: $1,104,831
- Total Liabilities: $156,003
- Net Assets: $948,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE FEES
Revenue
$1,573,604
Organization Details
Founding Year
1978
Phone
(817) 207-0224Principal Officer
Marc Weaver
Main Address
3584 S HILLS AVE STE 21, FORT WORTH, TX, 76109
Website
www.cowtownmarathon.orgNTEE Category
Code: N70 - Recreation
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