Civic Intelligence

Fargo Marathon Inc

990 • Fiscal year 2015 • EIN 43-2043293

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

Organization Profilewww.fargomarathon.com
405 West Main Ave No 1DWest Fargo, ND 58078

(701) 364-2786

Siviq Scores

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

Liabilities / Assets

77th percentile

0.48x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.14x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

23rd percentile

-7.8%

Higher net margin than 23% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

5th percentile

-24%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

44th percentile

1.3%

Faster revenue growth than 44% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$478,661

Down $150,561 (-24%) from 2014

Net Assets

Down

$251,221

Down $102,417 (-29%) from 2014

Liabilities

Down

$227,440

Down $48,144 (-17%) from 2014

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin23rd percentile

Revenue

Up

$1,576,467

Up $20,253 (+1.3%) from 2014

Expenses

Down

$1,699,297

Down $113,720 (-6.3%) from 2014

Net Income

Up

-$122,830

Up $133,973 (+52%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$800K$600K$400K$200K$0Assets 2010: $458,073Liabilities 2010: $9,550Net Assets 2010: $448,5232010Assets 2011: $673,473Liabilities 2011: $279,582Net Assets 2011: $393,8912011Assets 2012: $608,311Liabilities 2012: $201,625Net Assets 2012: $406,6862012Assets 2013: $701,898Liabilities 2013: $316,888Net Assets 2013: $385,0102013Assets 2014: $629,222Liabilities 2014: $275,584Net Assets 2014: $353,6382014Assets 2015: $478,661Liabilities 2015: $227,440Net Assets 2015: $251,2212015Assets 2016: $343,326Liabilities 2016: $263,091Net Assets 2016: $80,2352016Assets 2017: $406,518Liabilities 2017: $344,248Net Assets 2017: $62,2702017Assets 2018: $498,715Liabilities 2018: $346,885Net Assets 2018: $151,8302018Assets 2019: $144,628Liabilities 2019: $83,251Net Assets 2019: $61,3772019Assets 2020: $66,480Liabilities 2020: $20,067Net Assets 2020: $46,4132020Assets 2021: $47,460Liabilities 2021: $5,000Net Assets 2021: $42,4602021Assets 2023: $61,765Liabilities 2023: $0Net Assets 2023: $61,7652023

Highlighted filing

2015

Assets$478,661
Liabilities$227,440
Net Assets$251,221
Open 2015 Filing

Operations Trend

Revenue Growth44th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $914,2432010Revenue 2011: $121,766Expenses 2011: $189,915Net Income 2011: -$68,1492011Revenue 2012: $1,481,538Expenses 2012: $1,721,181Net Income 2012: -$239,6432012Revenue 2013: $1,486,624Expenses 2013: $1,742,500Net Income 2013: -$255,8762013Revenue 2014: $1,556,214Expenses 2014: $1,813,017Net Income 2014: -$256,8032014Revenue 2015: $1,576,467Expenses 2015: $1,699,297Net Income 2015: -$122,8302015Revenue 2016: $1,413,497Expenses 2016: $1,653,274Net Income 2016: -$239,7772016Revenue 2017: $1,422,710Expenses 2017: $1,562,201Net Income 2017: -$139,4912017Revenue 2018: $1,539,757Expenses 2018: $1,546,130Net Income 2018: -$6,3732018Revenue 2019: $1,128,094Expenses 2019: $1,251,880Net Income 2019: -$123,7862019Revenue 2020: $20,806Expenses 2020: $35,770Net Income 2020: -$14,9642020Revenue 2021: $64,513Expenses 2021: $68,466Net Income 2021: -$3,9532021Revenue 2023: $70,388Expenses 2023: $37,050Net Income 2023: $33,3382023

Highlighted filing

2015

Revenue$1,576,467
Expenses$1,699,297
Net Income-$122,830
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$1,576,467
Mission and Program Overview

Mission

The purpose of the organization is to promote healthy and active lifestyles for people of all ages.

The primary exempt purpose of Fargo Marathon, Inc. is to operate and administer Road Race events, including the Fargo Marathon, the Go Far Woman Run, the Dick Beardsley Marathon and the Fargo Mini Marathon. All of which promote a healthy, physically fit lifestyle and foster amateur sports competition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$266,913$241,423▼ $25,490
Intangible Assets$117,000$117,000→ $0
Accounts Receivable$101,416$70,949▼ $30,467
Prepaid Expenses and Deferred Charges$130,668$38,992▼ $91,676
Land, Buildings, and Equipment, Net$8,024$5,209▼ $2,815
Total Assets$629,222$478,661▼ $150,561
Other Assets Total$5,201$5,088▼ $113
Liabilities
Deferred Revenue$209,242$153,280▼ $55,962
Accounts Payable and Accrued Expenses$63,396$41,556▼ $21,840
Other Liabilities$2,946$32,604▲ $29,658
Total Liabilities$275,584$227,440▼ $48,144
Net Assets / Fund Balance
Unrestricted Net Assets$353,638$251,221▼ $102,417
Total Net Assets Fund Balance$353,638$251,221▼ $102,417
Total Liabilities and Net Assets / Fund Balance$629,222$478,661▼ $150,561

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,209$12,596$17,805
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Troy IvesdalPresident
Mark KnutsonVice President/Executive D
Alison DyeDirector
Dave StendeDirector
Nola McNeallyDirector
Mark SailerSecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Go Far Events IncManagement Fees405 West Main Avenue Westgo Square, West Fargo, ND 58078$308,600
Revenue and Support

Revenue Composition

Contributions and Grants
$305,879
Program Service Revenue
$1,266,384
Investment Income
$98
Other Revenue
$4,106
All Other Contributions
$305,879
Change in Net Assets
$-122,830

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,575,717
Revenue Not Reported on Financial Statements
$750
Revenue Not Reported on Form 990
$20,413
Other Revenue Adjustments
$750
Total Revenue per Audited Statements
$1,596,130
Total Revenue per Form 990
$1,576,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,588,479
Grants and Similar Amounts Paid$101,460
Salaries, Compensation, and Employee Benefits$9,358
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$654,664--$654,664
Fees for Services Management$61,720$246,880-$308,600
Grants to Domestic Orgs$101,460--$101,460
Office Expenses$67,045--$67,045
Occupancy$63,431--$63,431
Other Expenses$48,666--$48,666
Conferences and Meetings$24,450--$24,450
Fees for Services Other$21,297--$21,297
Fees for Services Accounting-$12,357-$12,357
Other Salaries and Wages$9,358--$9,358
Depreciation Depletion$7,194--$7,194
All Other Expenses$5,427--$5,427
Travel$5,386--$5,386
Fees for Services Legal-$1,492-$1,492
Insurance$1,125--$1,125
Information Technology$455--$455
Interest$239--$239
Total Functional Expenses$1,438,568$260,729$0$1,699,297

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,699,297
Total Expenses per Form 990$1,699,297
Total Expenses per Audited Statements$1,698,547
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-750
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Essentia HealthFargo, ND501(c)(3)Nicu$6,000
Dakota Medical FoundationFargo, ND501(c)(3)Charity Team Donation$5,719
Minnesota State University MoorheadMoorhead, MNGovernmentCollege Challenge Winner$5,000
YMCA of Cass ClayFargo, ND501(c)(3)Partner of Youth Fund$5,000
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Executive Director is the sole ownerManagement Fee - Mark Knutson is the Executive Director of Fargo Marathon, Inc. as well as the owner of Go Far Events, Inc. Fargo Marathon, Inc. pays a monthly management fee to Go Far Events, Inc. for management services.No$308,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payable$32,604
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Fargo Marathon, Inc. has a management agreement with Go Far Events, Inc. for the duties of the management team. Management fees are based on an average fair market value using comparable race management company data and are updated every three years. Mark Knutson is compensated by Go Far Events for his serves to Fargo Marathon, Inc. Mark spends 80% of his time working for Fargo Marathon, Inc. and his salary for these services is $70,000.”

Form 990, Part VI, Section A, line 8B

“There are no committees with the authority to act on behalf of the board.”

Form 990, Part VI, Section B, line 11

“The Executive Director will send a copy of the Form 990 to the board for their review. The board will give the final approval on the Form 990 prior to it being filed with the IRS.”

Form 990, Part VI, Section B, line 15

“There are no officers who are paid by the organization. Go Far Events, Inc. has a three year management agreement with Fargo Marathon, Inc. This management agreement is approved by the board each year. Mark Knutson, Executive Director, abstains from the discussion and voting on the agreement due to a conflict of interest. This is performed every three years, with the last evaluation done in 2014. There are no other key employees or officers that are compensated.”

Form 990, Part VI, Section C, line 19

“The governing documents and the financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Fargo Marathon Inc
EIN
43-2043293
Phone
7013642786
Address
405 West Main Ave No 1D, West Fargo, ND 58078

Signing Officer

Name
Mark Knutson
Title
VP/Executive Director
Phone
7013642786
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Knutson
Formed
2004
Legal Domicile
Nd
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
2,500

Preparer

Firm
Eide Bailly Llp
Address
PO BOX 1914, BISMARCK, ND 58502-1914
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“Fargo Marathon, Inc. does not have a specifically appointed audit committee; however, the Board of Directors does assume responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

Part X, Line 2:

“The Organization is considered a publicly supported organization and is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code of 1986. This exempt status will continue in effect provided that the Organization does not change its purpose, character or method of operation. With few exceptions, the Organization is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2012.”

Part XI, Line 4B - Other Adjustments:

“Donations included in Expenses in Financial Statements 750.”

Part XII, Line 2D - Other Adjustments:

“Donations included in Expenses in Financial Statements -750.”

Raw XML AppendixShowing 400 of 501 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0The primary exempt purpose of Fargo Marathon, Inc. is to operate and administer Road Race events, including the Fargo Marathon, the Go Far Woman Run, the Dick Beardsley Marathon and the Fargo Mini Marathon. All of which promote a healthy, physically fit lifestyle and foster amateur sports competition.
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IRS990/Desc0Fargo Marathon, Inc. is a North Dakota nonprofit organization. The purpose of which is to promote the awareness of healthy and active lifestyles in people of all ages. A main focus of the organization is to donate a portion of the monies raised back to charities that focus on youth related causes. At the end of the year, Fargo Marathon Inc. owned four races: the Fargo Marathon, Go Far Woman Run, the Dick Beardsley Half Marathon and Fargo Mini Marathon. The Inaugural Fargo Marathon Kickoff Run was held January 10, 2015. This was an indoor run around the concourse of the Fargodome. Events included a 5K and a 10K. There were approximately 500 participants across both events.The eleventh annual Fargo Marathon events were held May 7-9, 2015. Events included a youth run, 5K, 10K, half marathon, marathon relays, and a full marathon. There were approximately 21,000 participants across all events.The 3rd Annual Go Far Woman Run was held August 22, 2015. Events included a Youth Run, 5K, half marathon, and half marathon relay. There were approximately 1,600 participants across all events. The Dick Beardsley Marathon Weekend was held on September 12, 2015. This marked the 20th Annual Half Marathon and the Inaugural Full Marathon under the ownership of Fargo Marathon, Inc.The seventh annual Fargo Mini Marathon was held on October 17, 2015. Events included a 5K, 10K, and half marathon. There were approximately 1,900 participants across all events.
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IRS990/MissionDesc0The Fargo Marathon will continuously strive to promote a friendly and fun event dedicated to the participants, the volunteers, spectators and our chosen charities. We firmly believe that physical fitness should not be a choice, but rather, a part of life for all people of all ages.
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Misc. Race Expenses
IRS990/OtherExpensesGrp/Desc1Medals/Trophies/Prizes
IRS990/OtherExpensesGrp/Desc2Marathon Entertainment
IRS990/OtherExpensesGrp/ProgramServicesAmt0207530
IRS990/OtherExpensesGrp/ProgramServicesAmt1159121
IRS990/OtherExpensesGrp/ProgramServicesAmt248666
IRS990/OtherExpensesGrp/TotalAmt0207530
IRS990/OtherExpensesGrp/TotalAmt1159121
IRS990/OtherExpensesGrp/TotalAmt248666
IRS990/OtherLiabilitiesGrp/BOYAmt02946
IRS990/OtherLiabilitiesGrp/EOYAmt032604
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09358
IRS990/OtherSalariesAndWagesGrp/TotalAmt09358
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0130668
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038992
IRS990/PrincipalOfficerNm0Mark Knutson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0Registrations
IRS990/ProgramServiceRevenueGrp/Desc1Misc Event Income
IRS990/ProgramServiceRevenueGrp/Desc2Health Expo
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01200185
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135344
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt230855
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01200185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230855
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0305058
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt094589
IRS990/PYInvestmentIncomeAmt0100
IRS990/PYOtherExpensesAmt01706167
IRS990/PYOtherRevenueAmt09095
IRS990/PYProgramServiceRevenueAmt01241961
IRS990/PYRevenuesLessExpensesAmt0-256803
IRS990/PYSalariesCompEmpBnftPaidAmt012261
IRS990/PYTotalExpensesAmt01813017
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01556214
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-122830
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01270490
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0266913
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0241423
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0305879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0305058
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0257020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0271943
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01160400
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0246
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0284
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0230
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01075
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01270490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01253633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01248287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01209311
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0101036
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05082757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0246
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0230
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01075
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97030
IRS990ScheduleA/PublicSupportPY509Pct00.97310
IRS990ScheduleA/PublicSupportTotal509Amt06058644
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt043946
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt045494
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt054888
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt035185
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0184513
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt043946
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt045494
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt054888
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt035185
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0184513
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01576369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01558691
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01505307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01481254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0121536
IRS990ScheduleA/Total509Grp/TotalAmt06243157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01576467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01558908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01505553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01481538
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0121766
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06244232
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt020413
IRS990ScheduleD/EquipmentGrp/BookValueAmt05209
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012596
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017805
IRS990ScheduleD/ExpensesNotReportedAmt0-750
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01699297
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0-750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Related Party Payable
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0750
IRS990ScheduleD/RevenueNotReportedAmt020413
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0750
IRS990ScheduleD/RevenueSubtotalAmt01575717
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is considered a publicly supported organization and is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code of 1986. This exempt status will continue in effect provided that the Organization does not change its purpose, character or method of operation. With few exceptions, the Organization is no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Donations included in Expenses in Financial Statements 750.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Donations included in Expenses in Financial Statements -750.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05209
IRS990ScheduleD/TotalExpensesPerForm990Amt01699297
IRS990ScheduleD/TotalLiabilityAmt032604
IRS990ScheduleD/TotalRevenuePerForm990Amt01576467
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01596130
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01698547
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/CashGrantAmt35719
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2Government
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0NICU
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Partner of Youth Fund
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2College Challenge Winner
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Charity Team Donation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Essentia Health
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YMCA of Cass Clay
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Minnesota State University Moorhead
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Dakota Medical Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0200360007
IRS990ScheduleI/RecipientTable/RecipientEIN1450232096
IRS990ScheduleI/RecipientTable/RecipientEIN2411687554
IRS990ScheduleI/RecipientTable/RecipientEIN3456012318
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03000 32nd Ave SW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1400 1st Ave S
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21104 7th Ave S
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt34141 28th Ave S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Fargo
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Fargo
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Moorhead
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Fargo
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd158103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd256563
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd358104
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Fargo Marathon, Inc. is a North Dakota nonprofit organization. The purpose of which is to promote the awareness of healthy and active lifestyles in people of all ages. A main focus of the Organization is to donate a portion of the monies raised back to charities that focus on youth related causes. Fargo Marathon determines these charities each year based on the relation they have to helping youth in the area. The mission statements of the charities help in monitoring the use of the grant funds for the proper cause.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$478,661
Liabilities
$227,440
Net assets
$251,221
Revenue
$1,576,467
Expenses
$1,699,297
Net income
-$122,830
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.07$0.04$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.06$0.07$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.02$0.05$0.02$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.08$0.06$1.13$1.25$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.35$0.15$1.54$1.55$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.34$0.06$1.42$1.56$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.34$0.26$0.08$1.41$1.65$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.23$0.25$1.58$1.70$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.28$0.35$1.56$1.81$0.26
2013Detailed filing. Detailed filing data is available for this year.$0.70$0.32$0.39$1.49$1.74$0.26
2012Summary only. Only limited summary data is available for this year.$0.61$0.20$0.41$1.48$1.72$0.24
2011Summary only. Only limited summary data is available for this year.$0.67$0.28$0.39$0.12$0.19$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.01$0.45$0.91