Overview
What is Colfax Marathon Partnership Inc?
Colfax Marathon Partnership Inc is a nonprofit organization with a mission to foster awareness and education about athletics, health, and physical fitness among both youth and adults. Their primary objective is to raise funds and provide contributions to various schools and charitable organizations. Moreover, this organization aims to stimulate the economic growth of Colfax Avenue by organizing an annual marathon event. This event serves as a platform to showcase the revitalization of Colfax Avenue and support local charitable organizations in their endeavors.
Official website here: www.runcolfax.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating
Colfax Marathon Partnership Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score of 69%. This score is derived entirely from accountability and finance metrics, indicating that while the organization demonstrates some strengths, there are significant areas needing improvement, particularly in governance policies. The organization has a fully independent board and successfully maintains transparency in meeting minutes and asset management, but lacks essential policies such as conflict of interest and whistleblower protections.
User feedback highlights a positive perception of the Colfax Marathon event itself, with runners appreciating the variety of race options available, such as 5k, 10k, half, and full marathons. Participants also value the opportunity to support various charities through their participation, suggesting that the event fosters community engagement and philanthropy.
Despite the positive aspects of the marathon and its community impact, the organization's governance shortcomings raise concerns about its operational effectiveness. Addressing the missing policies and improving financial accountability practices could enhance credibility and support from the public and potential donors.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Colfax Marathon Partnership Inc?
90% of 708 reviewers on Facebook recommend the Colfax Marathon Partnership Inc. Here is a summary of their reviews:
Many participants express enjoyment of the race itself, highlighting a well-organized event and the overall positive atmosphere. However, a recurring concern among reviewers revolves around the parking logistics. One participant pointed out that the current parking situation can be quite challenging, suggesting the need for shuttle buses to improve accessibility for those coming from outside Denver.
Despite these parking issues, the overwhelming sentiment remains that the marathon delivers an enjoyable running experience. Overall, while improvements could be made in certain areas, particularly related to transportation, the race seems to fulfill its promise of providing an exciting and memorable event for runners.
This AI summary has been generated from reviews found on Facebook.
Is Colfax Marathon Partnership Inc legitimate?
Colfax Marathon Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colfax Marathon Partnership 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: $173,953
For more financial information, click here
Official website here: www.runcolfax.org
What is the mission statement of Colfax Marathon Partnership Inc?
The mission of Colfax Marathon Partnership Inc is centered around conducting the annual Colfax Marathon, serving as a platform to showcase the revitalization of Colfax Avenue. This organization aims to promote awareness and education about athletics, health, and physical fitness among both youth and adults. Another key aspect of their mission is to raise funds and make contributions to various charitable organizations. Furthermore, Colfax Marathon Partnership Inc is committed to contributing to the economic development of Colfax Avenue, with an emphasis on combating challenges in this area.
Official website here: www.runcolfax.org
Who is the CEO of Colfax Marathon Partnership Inc?
Eric Gutknecht is the City Represe of Colfax Marathon Partnership Inc.
Official website here: www.runcolfax.org
What is the revenue of Colfax Marathon Partnership Inc?
Colfax Marathon Partnership Inc's revenue in 2022 was $3,592,714.
Official website here: www.runcolfax.org
Who are the executives of Colfax Marathon Partnership Inc and what are their salaries?
The average compensation at Colfax Marathon Partnership Inc during 2022 was $86,976. There are 2 employees and 2 volunteers at Colfax Marathon Partnership Inc.
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Official website here: www.runcolfax.org
Where can I find the form 990 for Colfax Marathon Partnership Inc?
Colfax Marathon Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.runcolfax.org
Learn more at the official website: www.runcolfax.org
Mission Statement of Colfax Marathon Partnership Inc
The Colfax Marathon Partnership Inc is committed to several key objectives. Primarily, it aims to organize the annual Colfax Marathon, serving as a platform to showcase the revitalization of Colfax Avenue. Beyond this, the organization has a threefold mission. It strives to promote awareness and education about athletics, health, and physical fitness among both youth and adults. This mission is aimed at inspiring individuals to lead active and healthy lifestyles.
Secondly, the Colfax Marathon Partnership Inc is dedicated to fundraising and making contributions to various charitable organizations. Its goal is to provide financial support to schools and other nonprofits, contributing to the betterment of communities and individuals in need.
Lastly, the organization is focused on promoting the economic development of Colfax Avenue. By doing so, it aims to combat challenges and contribute to the overall growth and vitality of the area. The Colfax Marathon Partnership Inc's multifaceted mission reflects its commitment to promoting athletics, health, and community development.
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Impact
July, 2024
The Colfax Marathon Partnership Inc's impact lies in its promotion of awareness and education of athletics, health, and physical fitness among youth and adults. It also plays a significant role in raising funds and making contributions to schools and other charitable organizations. Additionally, the organization actively promotes the economic development of Colfax Avenue and works to combat various challenges faced by the community. Through its annual Colfax Marathon, the partnership provides a platform for showcasing the revitalization of Colfax Avenue and supports local charitable organizations, ultimately contributing to the overall well-being and development of the community.
This information is meant to be a general summary of Colfax Marathon Partnership 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: $109
- Program Service Revenue: $3,586,324
- Gross Receipts: $3,678,794
Assets and Liabilities:
- Total Assets: $595,303
- Total Liabilities: $11,982
- Net Assets: $583,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$3,509,685
SPORTS & FITNESS EXPO
Revenue
$76,639
Organization Details
Founding Year
2004
Phone
(303) 587-6676Principal Officer
Eric Gutknecht
Main Address
P O BOX 6117, DENVER, CO, 802060117
Website
www.runcolfax.orgNTEE Category
Code: B122 - Education
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