Civic Intelligence

Fargo Marathon Inc

990 • Fiscal year 2017 • EIN 43-2043293

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

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

89th percentile

0.85x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

67th percentile

0.24x

Higher debt load relative to revenue than 67% of similar nonprofits.

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

Net Margin

21st percentile

-9.8%

Higher net margin than 21% of similar nonprofits.

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

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.

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

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

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

Revenue Growth

39th percentile

0.7%

Faster revenue growth than 39% of similar nonprofits.

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

Assets

Up

$406,518

Up $63,192 (+18%) from 2016

Net Assets

Down

$62,270

Down $17,965 (-22%) from 2016

Liabilities

Up

$344,248

Up $81,157 (+31%) from 2016

Revenue

Up

$1,422,710

Up $9,213 (+0.7%) from 2016

Expenses

Down

$1,562,201

Down $91,073 (-5.5%) from 2016

Net Income

Up

-$139,491

Up $100,286 (+42%) 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$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

2017

Assets$406,518
Liabilities$344,248
Net Assets$62,270

Operations Trend

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

2017

Revenue$1,422,710
Expenses$1,562,201
Net Income-$139,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,425,971
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$179,120$197,205▲ $18,085
Intangible Assets$117,000$117,000→ $0
Accounts Receivable$34,440$51,594▲ $17,154
Receivable From Disqualified Prsn-$25,000-
Land, Buildings, and Equipment, Net$11,658$14,143▲ $2,485
Prepaid Expenses and Deferred Charges$1,108$1,576▲ $468
Total Assets$343,326$406,518▲ $63,192
Liabilities
Deferred Revenue$231,054$278,766▲ $47,712
Accounts Payable and Accrued Expenses$32,037$65,482▲ $33,445
Total Liabilities$263,091$344,248▲ $81,157
Net Assets / Fund Balance
Unrestricted Net Assets$80,235$62,270▼ $17,965
Total Net Assets Fund Balance$80,235$62,270▼ $17,965
Total Liabilities and Net Assets / Fund Balance$343,326$406,518▲ $63,192

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,143$25,763$39,906
Compensation and Service Providers

Board Members and Trustees

NameTitle
Troy IvesdalPresident
Mark KnutsonVice President/Executive Director
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$273,183
Revenue and Support

Revenue Composition

Contributions and Grants
$280,761
Program Service Revenue
$1,131,431
Investment Income
$1,366
Other Revenue
$9,152
All Other Contributions
$280,761
Change in Net Assets
$-139,491

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,423,328
Revenue Not Reported on Financial Statements
$-618
Revenue Not Reported on Form 990
$81,185
Other Revenue Adjustments
$-618
Total Revenue per Audited Statements
$1,504,513
Total Revenue per Form 990
$1,422,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,545,336
Grants and Similar Amounts Paid$11,871
Salaries, Compensation, and Employee Benefits$4,994
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$542,005--$542,005
Fees for Services Management$64,720$258,880-$323,600
Occupancy$76,410--$76,410
Other Expenses$57,155--$57,155
Office Expenses$50,357--$50,357
Fees for Services Other$30,717--$30,717
Grants to Domestic Orgs$11,871--$11,871
Conferences and Meetings$9,325--$9,325
Fees for Services Accounting-$8,503-$8,503
Other Salaries and Wages$4,994--$4,994
Insurance$4,788--$4,788
All Other Expenses$3,346--$3,346
Depreciation Depletion$2,310--$2,310
Fees for Services Legal-$398-$398
Information Technology$213--$213
Travel$212--$212
Interest$166--$166
Total Functional Expenses$1,294,420$267,781$0$1,562,201

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,562,819
Expenses per Audited Statements$1,562,201
Total Expenses per Form 990$1,562,201
Expenses Not Reported on Form 990$618
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
YMCA of Cass ClayFargo, ND501(c)(3)General Operations$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,643
Fundraising Gross Income$1,833
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$273,183
-Family member of Executive Director Mark Knutson is majority ownerManagement Fee - Susan Knutson is the majority shareholder of Run Around Events. Fargo Marathon paid Run Around Events for management services during 2017.No$50,417

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$25,000-
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. Mark Knutson is compensated by Go Far Events for his serves to Fargo Marathon, Inc. During 2017, Fargo Marathon paid $273,183 for management services to Go Far Events, Inc. In addition Fargo Marathon paid Run Around Events, Inc. $50,417 in management fees for management services provided to the organization.

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 11B

The Board will review the Form 990 prior to filing with the IRS or at the next board meeting following the IRS filing date.

Form 990, Part VI, Section B, line 15

There are no officers who are paid by the organization. Go Far Events, Inc. has a 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. 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
2018-11-15
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
1730 BURNT BOAT LOOP STE100, BISMARCK, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

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 2014.

Raw XML AppendixShowing 400 of 490 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt032037
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt065482
IRS990/AccountsReceivableGrp/BOYAmt034440
IRS990/AccountsReceivableGrp/EOYAmt051594
IRS990/ActivitiesConductedPrtshpInd00
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.
IRS990/AdvertisingGrp/ProgramServicesAmt0542005
IRS990/AdvertisingGrp/TotalAmt0542005
IRS990/AllOtherContributionsAmt0280761
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03346
IRS990/AllOtherExpensesGrp/TotalAmt03346
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Mark Knutson
IRS990/BooksInCareOfDetail/PhoneNum07013642786
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 2623
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fargo
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0581082623
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt09325
IRS990/ConferencesMeetingsGrp/TotalAmt09325
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0273183
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0405 West Main Avenue Westgo Square
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0West Fargo
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0ND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd058078
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Go Far Events Inc
IRS990/ContractorCompensationGrp/ServicesDesc0Management Fees
IRS990/CostOfGoodsSoldAmt0618
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0280761
IRS990/CYGrantsAndSimilarPaidAmt011871
IRS990/CYInvestmentIncomeAmt01366
IRS990/CYOtherExpensesAmt01545336
IRS990/CYOtherRevenueAmt09152
IRS990/CYProgramServiceRevenueAmt01131431
IRS990/CYRevenuesLessExpensesAmt0-139491
IRS990/CYSalariesCompEmpBnftPaidAmt04994
IRS990/CYTotalExpensesAmt01562201
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01422710
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0231054
IRS990/DeferredRevenueGrp/EOYAmt0278766
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02310
IRS990/DepreciationDepletionGrp/TotalAmt02310
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 13th annual Fargo Marathon events were held May 14-29, 2017. Events included a bike race, dog run, youth run, 5K, 10K, half marathon, marathon relays, and a full marathon. There were approximately 21,000 participants across all events.The 5th Annual Go Far Woman Run was held August 19, 2017. Events included a Youth Run, 5K, half marathon, and half marathon relay. There were approximately 1,500 participants across all events. This event was sold to Run Around Events, Inc. effective January 1, 2018.The 3rd Annual Dick Beardsley Marathon Weekend was held on September 7-9, 2017. There were approximately 2,100 participants across all events, including a Youth Run, 5K, 10K Half Marathon and Full Marathon.The 9th annual Fargo Mini Marathon was held on October 13-14, 2017. Events included a Friday night 5K, and a 5K, 10K, and half marathon on Saturday, October 14th. There were approximately 1,900 participants across all events.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt081185
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01294420
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08503
IRS990/FeesForServicesAccountingGrp/TotalAmt08503
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0398
IRS990/FeesForServicesLegalGrp/TotalAmt0398
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0258880
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt064720
IRS990/FeesForServicesManagementGrp/TotalAmt0323600
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt030717
IRS990/FeesForServicesOtherGrp/TotalAmt030717
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Troy Ivesdal
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark Knutson
IRS990/Form990PartVIISectionAGrp/PersonNm2Mark Sailer
IRS990/Form990PartVIISectionAGrp/PersonNm3Dave Stende
IRS990/Form990PartVIISectionAGrp/PersonNm4Alison Dye
IRS990/Form990PartVIISectionAGrp/PersonNm5Nola McNeally
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President/Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt02643
IRS990/FundraisingGrossIncomeAmt01833
IRS990/GainOrLossGrp/OtherAmt01308
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt011871
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt011871
IRS990/GrantsToDomesticOrgsGrp/TotalAmt011871
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01308
IRS990/GrossReceiptsAmt01425971
IRS990/GrossSalesOfInventoryAmt06813
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0213
IRS990/InformationTechnologyGrp/TotalAmt0213
IRS990/InsuranceGrp/ProgramServicesAmt04788
IRS990/InsuranceGrp/TotalAmt04788
IRS990/IntangibleAssetsGrp/BOYAmt0117000
IRS990/IntangibleAssetsGrp/EOYAmt0117000
IRS990/InterestGrp/ProgramServicesAmt0166
IRS990/InterestGrp/TotalAmt0166
IRS990/InvestmentIncomeGrp/ExclusionAmt058
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt058
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt025763
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011658
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014143
IRS990/LandBldgEquipCostOrOtherBssAmt039906
IRS990/LegalDomicileStateCd0ND
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt080235
IRS990/NetAssetsOrFundBalancesEOYAmt062270
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01308
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01308
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-810
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-810
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt06195
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt06195
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt01650
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt076410
IRS990/OccupancyGrp/TotalAmt076410
IRS990/OfficeExpensesGrp/ProgramServicesAmt050357
IRS990/OfficeExpensesGrp/TotalAmt050357
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Misc. Race Expenses
IRS990/OtherExpensesGrp/Desc1Medals/Trophies/Prizes
IRS990/OtherExpensesGrp/Desc2Marathon Entertainment
IRS990/OtherExpensesGrp/ProgramServicesAmt0274762
IRS990/OtherExpensesGrp/ProgramServicesAmt1161069
IRS990/OtherExpensesGrp/ProgramServicesAmt257155
IRS990/OtherExpensesGrp/TotalAmt0274762
IRS990/OtherExpensesGrp/TotalAmt1161069
IRS990/OtherExpensesGrp/TotalAmt257155
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04994
IRS990/OtherSalariesAndWagesGrp/TotalAmt04994
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01108
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01576
IRS990/PrincipalOfficerNm0Mark Knutson
IRS990/PriorPeriodAdjustmentsAmt040341
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0Registrations
IRS990/ProgramServiceRevenueGrp/Desc1Health Expo
IRS990/ProgramServiceRevenueGrp/Desc2Misc Event Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01103669
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127167
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01103669
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2595
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0309252
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt088462
IRS990/PYInvestmentIncomeAmt024
IRS990/PYOtherExpensesAmt01554012
IRS990/PYOtherRevenueAmt03722
IRS990/PYProgramServiceRevenueAmt01100499
IRS990/PYRevenuesLessExpensesAmt0-239777
IRS990/PYSalariesCompEmpBnftPaidAmt010800
IRS990/PYTotalExpensesAmt01653274
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01413497
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt025000
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-139491
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01137626
IRS990/RoyaltiesRevenueGrp/ExclusionAmt03767
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt03767
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0179120
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0197205
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt075000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt081500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt039371
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt045494
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt044944
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0286309
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0280761
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0309252
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0305879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0305058
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0257020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01457970
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03825
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04719
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0246
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09105
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01138274
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01100499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01270490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01253633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01248287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06011183
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01833
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01320
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04719
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0246
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09105
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96050
IRS990ScheduleA/PublicSupportPY509Pct00.96660
IRS990ScheduleA/PublicSupportTotal509Amt07185997
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt075000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt081500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt039371
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt045494
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt044944
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0286309
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01420868
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01411071
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01576369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01558691
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01505307
IRS990ScheduleA/Total509Grp/TotalAmt07472306
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01424693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01415790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01576467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01558908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01505553
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07481411
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt081185
IRS990ScheduleD/EquipmentGrp/BookValueAmt014143
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025763
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039906
IRS990ScheduleD/ExpensesNotReportedAmt0618
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01562201
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0618
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-618
IRS990ScheduleD/RevenueNotReportedAmt081185
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-618
IRS990ScheduleD/RevenueSubtotalAmt01423328
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 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014143
IRS990ScheduleD/TotalExpensesPerForm990Amt01562201
IRS990ScheduleD/TotalRevenuePerForm990Amt01422710
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01504513
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01562819
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operations
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0YMCA of Cass Clay
IRS990ScheduleI/RecipientTable/RecipientEIN0450232096
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0400 1st Ave S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Fargo
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058103
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/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Go Far Events Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1Run Around Events Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Executive Director is the sole owner
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Family member of Executive Director Mark Knutson is majority owner
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0273183
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt150417
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Management 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.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Management Fee - Susan Knutson is the majority shareholder of Run Around Events. Fargo Marathon paid Run Around Events for management services during 2017.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt025000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0Run Around Events Inc
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Installment sale for purcahse of Go Far Woman Race
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt025000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Family member of Executive Director Mark Knutson is majority owner
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt025000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fargo Marathon, Inc. has a management agreement with Go Far Events, Inc. for the duties of the management team. Mark Knutson is compensated by Go Far Events for his serves to Fargo Marathon, Inc. During 2017, Fargo Marathon paid $273,183 for management services to Go Far Events, Inc. In addition Fargo Marathon paid Run Around Events, Inc. $50,417 in management fees for management services provided to the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no committees with the authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board will review the Form 990 prior to filing with the IRS or at the next board meeting following the IRS filing date.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no officers who are paid by the organization. Go Far Events, Inc. has a 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. There are no other key employees or officers that are compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing documents and the financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings