Civic Intelligence

Run Vermont Inc.

990 • Fiscal year 2017 • EIN 03-0315418

Aug 01, 2016 to Jul 31, 2017 • Filed on Nov 22, 2017

1 Main StreetBurlington, VT 05401

(802) 863-8412

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

34th percentile

0.04x

Higher debt load relative to revenue than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

49th percentile

2.8%

Higher net margin than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

64th percentile

$90,334

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

64th percentile

8.5%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-2.4%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$470,154

Up $36,745 (+8.5%) from 2016

Net Assets

Up

$425,019

Up $32,040 (+8.2%) from 2016

Liabilities

Up

$45,135

Up $4,705 (+12%) from 2016

Revenue

Down

$1,135,518

Down $28,302 (-2.4%) from 2016

Expenses

Down

$1,103,478

Down $13,788 (-1.2%) from 2016

Net Income

Down

$32,040

Down $14,514 (-31%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2011: $285,603Liabilities 2011: $34,857Net Assets 2011: $250,7462011Assets 2012: $331,316Liabilities 2012: $57,820Net Assets 2012: $273,4962012Assets 2013: $293,192Liabilities 2013: $38,431Net Assets 2013: $254,7612013Assets 2014: $340,631Liabilities 2014: $39,003Net Assets 2014: $301,6282014Assets 2015: $354,644Liabilities 2015: $8,422Net Assets 2015: $346,2222015Assets 2016: $433,409Liabilities 2016: $40,430Net Assets 2016: $392,9792016Assets 2017: $470,154Liabilities 2017: $45,135Net Assets 2017: $425,0192017Assets 2018: $445,222Liabilities 2018: $38,603Net Assets 2018: $406,6192018Assets 2019: $384,144Liabilities 2019: $16,480Net Assets 2019: $367,6642019Assets 2020: $571,892Liabilities 2020: $582,865Net Assets 2020: -$10,9732020Assets 2021: $667,724Liabilities 2021: $638,508Net Assets 2021: $29,2162021Assets 2022: $471,914Liabilities 2022: $121,156Net Assets 2022: $350,7582022Assets 2023: $571,205Liabilities 2023: $108,405Net Assets 2023: $462,8002023Assets 2024: $614,819Liabilities 2024: $93,165Net Assets 2024: $521,6542024

Highlighted filing

2017

Assets$470,154
Liabilities$45,135
Net Assets$425,019

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $907,005Expenses 2011: $854,707Net Income 2011: $52,2982011Expenses 2012: $920,1872012Revenue 2013: $1,006,493Expenses 2013: $1,025,228Net Income 2013: -$18,7352013Revenue 2014: $975,519Expenses 2014: $928,652Net Income 2014: $46,8672014Revenue 2015: $1,091,876Expenses 2015: $1,047,282Net Income 2015: $44,5942015Revenue 2016: $1,163,820Expenses 2016: $1,117,266Net Income 2016: $46,5542016Revenue 2017: $1,135,518Expenses 2017: $1,103,478Net Income 2017: $32,0402017Revenue 2018: $1,131,789Expenses 2018: $1,150,189Net Income 2018: -$18,4002018Revenue 2019: $1,055,856Expenses 2019: $1,094,811Net Income 2019: -$38,9552019Revenue 2020: $157,865Expenses 2020: $536,502Net Income 2020: -$378,6372020Revenue 2021: $449,102Expenses 2021: $408,913Net Income 2021: $40,1892021Revenue 2022: $1,281,962Expenses 2022: $960,420Net Income 2022: $321,5422022Revenue 2023: $726,774Expenses 2023: $614,892Net Income 2023: $111,8822023Revenue 2024: $783,862Expenses 2024: $725,008Net Income 2024: $58,8542024

Highlighted filing

2017

Revenue$1,135,518
Expenses$1,103,478
Net Income$32,040
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Nov 22, 2017
Return Version
2016v3.0
Gross Receipts
$1,167,910
Mission and Program Overview

Mission

Run vermont supports running as a lifelong activity by producing exceptional events and programs that engage our community and celebrate the athletic spirit.

Run vermont, inc. Is committed to the promotion of running as a life long activity through complementary programs that celebrate the athletic spirit, are recognized nationally, and are embraced by the vermont community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$416,710$466,970▲ $50,260
Accounts Receivable$13,515--
Prepaid Expenses and Deferred Charges$3,084$3,084→ $0
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$433,409$470,154▲ $36,745
Liabilities
Deferred Revenue$14,264$25,226▲ $10,962
Accounts Payable and Accrued Expenses$26,166$19,909▼ $6,257
Total Liabilities$40,430$45,135▲ $4,705
Net Assets / Fund Balance
Unrestricted Net Assets$392,979$425,019▲ $32,040
Total Net Assets Fund Balance$392,979$425,019▲ $32,040
Total Liabilities and Net Assets / Fund Balance$433,409$470,154▲ $36,745
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter DelaneyExec DirectorFT$88,020$2,314$90,334
Cheryl AleyDirector-$4,600-$4,600
Sam DavisDirector-$2,000-$2,000

Board Members and Trustees

NameTitle
Nicole RavlinChair
Karen AllenVice Chair
Elzy WickDirector
Joe CartonDirector
Kathy SchirlingDirector
Kelly ByersDirector
Randy SargentDirector
Scott CarpenterDirector
Seth LaskerDirector
Tom TortiDirector
Will McnultyDirector
Mike KanarickSecretary
Scot KlineTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,194
Program Service Revenue
$753,142
Investment Income
$0
Other Revenue
$40,182
All Other Contributions
$334,144
Change in Net Assets
$32,040

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory7$40,800Market Value
Clothing and Household Goods-$13,000Market Value
Drugs and Medical Supplies1$13,000Market Value
Other Non Cash Contri Table2$5,500Market Value
Total Noncash Contributions10$72,300-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$705,834
Salaries, Compensation, and Employee Benefits$397,644
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,135$47,214-$255,349
Advertising$143,935$6,337-$150,272
Fees for Services Other$112,182$12,696-$124,878
Current Officers, Directors, Trustees, and Key Employees$69,432$26,556-$95,988
All Other Expenses$30,249$10,875-$41,124
Occupancy$8,520$26,865-$35,385
Office Expenses$18,862$15,488-$34,350
Payroll Taxes$21,730$5,751-$27,481
Conferences and Meetings$23,752$609-$24,361
Other Expenses$22,443--$22,443
Travel$12,284$6,052-$18,336
Other Employee Benefits$11,579$2,916-$14,495
Insurance$10,497$622-$11,119
Pension Plan Contributions$3,549$782-$4,331
Total Functional Expenses$940,715$162,763$0$1,103,478
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Scot kline joe carton treasurer director brothers-in-law

Form 990, Page 6, Part VI, Line 11B

Copy of form 990 emailed to the board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

The executive committee reviews this each year

Form 990, Page 6, Part VI, Line 15A

Human resources committee or executive committee reviews executive director salary and makes recommendation to the board of directors, who approves as part of the budget approval process.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Run Vermont Inc
EIN
03-0315418
Phone
8028638412
Address
1 MAIN STREET, BURLINGTON, VT 05401

Signing Officer

Name
Peter Delaney
Title
Exec Director
Phone
8028638312
Signed
2017-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Delaney
Formed
1989
Legal Domicile
Vt
Voting Board Members
14
Independent Board Members
14
Employees
12
Volunteers
1,800

Preparer

Firm
Jmm & Associates Pc
Address
336 WATER TOWER CIR STE 801, COLCHESTER, VT 05446
Preparer
Randall L Sargent CPA
Phone
8026555665
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Run vermont, inc. Is committed to the promotion of running as a life long activity through complementary programs that celebrate the athletic spirit, are recognized nationally, and are embraced by the vermont community.

Form 990, Page 1, Part I, Line 6

Volunteers assist with race planning and perform various operational tasks on race days.

Form 990, Part IX, Line 11G

Marathon services 97,441 0 0 youth programs 3,685 0 0 other events 11,056 0 0 administration 0 12,696 0 total 112,182 12,696 0

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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt059444
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IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0AWARDS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.09$0.52$0.78$0.73$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.11$0.46$0.73$0.61$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.12$0.35$1.28$0.96$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.64$0.03$0.45$0.41$0.04
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.58$0.01$0.16$0.54$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.02$0.37$1.06$1.09$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.04$0.41$1.13$1.15$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.05$0.43$1.14$1.10$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.04$0.39$1.16$1.12$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.35$1.09$1.05$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.04$0.30$0.98$0.93$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.04$0.25$1.01$1.03$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.06$0.27$0.92
2011Summary only. Only limited summary data is available for this year.$0.29$0.03$0.25$0.91$0.85$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits