Running Zone Foundation INC EIN 26-3316016

Running Zone Foundation INC

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Promotes community health and fitness through running, jogging, walking, and related programs. For fiscal year 2024 it reported $1.2M in revenue, $1.2M in expenses, and $210K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Melbourne, FL
Website
www.runningzone.com/about-the-foundation
Filings
5 on file (2020–2024)
Revenue
$1.2MFY2024
Expenses
$1.2M
Net assets
$210K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-3316016 Public charity (501(c)(3)) Melbourne, FL
Form 990 (PDF)
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Size
$1–10M
What they do
Promotes community health and fitness through running, jogging, walking, and related programs.
Leadership
John Carr II · Executive Director
Money in and out
$1.2M revenue, $1.2M expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$210K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs-0.3% vs prior filing year
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate▲ +10% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -42% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +3%
Expenses
$1.2M
FY2024▲ +6%
Total assets
$291K
FY2024▲ +16%
Total liabilities
$81K
FY2024▼ -35%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$210K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$291K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $1.2M of program spending, described in the organization's own filed words · FY2024.
01

To promote and encourage health and fitness in our community through running, jogging, walking and related enduation programs and publications.

$1.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRunning Zone Foundation INC
EINHdr · item D26-3316016
Principal addressHdr · item CMelbourne, FL
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N70)
Ruling yearIRS BMFDec 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue100%$1.2M
Contributions & grants$1K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$1.2M
Management & general3%$38K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$291K
Total liabilitiesLn 26$81K
Total net assetsLn 32$210K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $214K · Operating expenses/yr $1.2M
2.2 months
Where the money goes
Program services
Program services $1.2M · Total expenses $1.2M
97%
Management & General
Management & general $38K · Total expenses $1.2M
3%
Fundraising
Fundraising $0 · Total expenses $1.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1K · Total revenue $1.2M
0.09%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $1.2M · Total revenue $1.2M
100%
Investment reliance
Investment income $0 · Total revenue $1.2M
0%
Program self-sufficiency
Program service revenue $1.2M · Total expenses $1.2M
104%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.2M
+3%
Revenue CAGR
FY2020 $980K · FY2024 $1.2M
+6%
Net-asset trend (YoY)
End of year $210K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.2M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $291K
Net-asset ratio
Net assets $210K · Total assets $291K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $291K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Carr II · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $1.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $1.2M
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 3%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$7K
Grants paid · 13 grants · $103K · 2020–2024
Brevard ZooFL · FY2024$12,000
Efsc Collegiate Veteran'sFL · FY2024$5,000
Brevard ZooFL · FY2023$12,000
Efsc Collegiate Veteran's SocietyFL · FY2023$5,000
Brevard ZooFL · FY2022$11,000
Melbourne High SchoolFY2022$6,000
Brevard ZooFL · FY2021$10,000
Melbourne High SchoolFY2021$6,000
Brevard ZooFL · FY2020$10,000
Daily Bread INCFL · FY2020$5,034

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$980K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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