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Boston Buddies Run Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851285195 ✦ Ambler, PA ✦ Designated as a 501(c)(3)

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Overview

What is Boston Buddies Run Club Inc?

Boston Buddies Run Club Inc is a charitable organization based in Ambler, Pennsylvania, with a mission to serve under Section 501(C)(3) of the Internal Revenue Code. The organization primarily sells running gear, such as singlets, sweatshirts, and buffs, on its website and manages its own fulfillment. The profits from these sales support their charity partners, who provide bibs for individuals participating in the Boston Marathon and other races. In the fall, they are organizing a run, with the proceeds benefiting the American Association for Cancer Research. The organization is fully committed to these charitable activities, with all of its time dedicated towards these endeavors.

Is Boston Buddies Run Club Inc legitimate?

Boston Buddies Run Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Buddies Run Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Boston Buddies Run Club Inc?

Boston Buddies Run Club Inc is an organization that operates under Section 501(C)(3) of the Internal Revenue Code, dedicating its time and resources towards charitable, religious, educational, and scientific purposes. The club sells running gear such as singlets, sweatshirts, and buffs on its website, with the proceeds going towards charitable partners that provide bibs for runners participating in events like the Boston Marathon and other races. A portion of the earnings is allocated towards organizing a fall run, with the proceedings benefiting the American Association for Cancer Research. The club's primary objective is to support its charity partners and contribute to various causes through its running-related activities.

Who is the CEO of Boston Buddies Run Club Inc?

Vincent Varallo is the Trustee of Boston Buddies Run Club Inc.

What is the revenue of Boston Buddies Run Club Inc?

Boston Buddies Run Club Inc's revenue in 2021 was $76,083.

Who are the executives of Boston Buddies Run Club Inc and what are their salaries?


There is 1 key member and their salary:


Vincent Varallo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Boston Buddies Run Club Inc?

Boston Buddies Run Club Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Boston Buddies Run Club Inc

Boston Buddies Run Club Inc, a nonprofit organization under Section 501(C)(3) of the Internal Revenue Code, is dedicated to charitable, religious, educational, and scientific pursuits. The primary mission of this organization is to utilize its resources, primarily the sale of running gear such as singles, sweatshirts, and buffs, to fund its charity partners. These partners provide bibs for individuals participating in renowned races like the Boston Marathon and other events. The earnings from the sale of merchandise are channeled towards these partners, thereby contributing to their noble cause. Furthermore, Boston Buddies Run Club Inc is planning a fall run, the proceeds of which will be donated to the American Association for Cancer Research. The club's commitment to these activities is so unwavering that 100% of its time is dedicated to these charitable endeavors.

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Impact




August, 2024

Boston Buddies Run Club Inc has a significant impact on the community by selling running gear like singlets, sweatshirts, and buffs to its members. Through these sales, the organization raises funds that are then donated to charity partners who provide bibs to individuals participating in races such as the Boston Marathon. Additionally, the club organizes fundraising runs, with proceeds going to organizations like the American Association for Cancer Research. By dedicating all its time to these charitable activities, Boston Buddies Run Club Inc is making a positive difference in the lives of those in need.




This information is meant to be a general summary of Boston Buddies Run Club 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.

Revenue
$76,083 (2021)
Expenses
$84,285 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $76,083

Assets and Liabilities:

  • Total Assets: $2,021
  • Total Liabilities: $291
  • Net Assets: $1,730

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Organization Details

Founding Year

2020

Principal Officer

Vincent Varallo

Main Address

6735 CHATSWORTH DRIVE, AMBLER, PA, 19002

NTEE Category

Code: N50 - Recreation

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