Civic Intelligence

Fargo Marathon Inc

990 • Fiscal year 2018 • EIN 43-2043293

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

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

86th percentile

0.70x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.23x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

38th percentile

-0.4%

Higher net margin than 38% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

83rd percentile

23%

Faster asset growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

8.2%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$498,715

Up $92,197 (+23%) from 2017

Net Assets

Up

$151,830

Up $89,560 (+144%) from 2017

Liabilities

Up

$346,885

Up $2,637 (+0.8%) from 2017

Revenue

Up

$1,539,757

Up $117,047 (+8.2%) from 2017

Expenses

Down

$1,546,130

Down $16,071 (-1.0%) from 2017

Net Income

Up

-$6,373

Up $133,118 (+95%) from 2017

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

2018

Assets$498,715
Liabilities$346,885
Net Assets$151,830

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

2018

Revenue$1,539,757
Expenses$1,546,130
Net Income-$6,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$1,539,796
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$197,205$303,623▲ $106,418
Intangible Assets$117,000$105,300▼ $11,700
Accounts Receivable$51,594$52,691▲ $1,097
Receivable From Disqualified Prsn$25,000$20,000▼ $5,000
Land, Buildings, and Equipment, Net$14,143$11,583▼ $2,560
Prepaid Expenses and Deferred Charges$1,576$1,864▲ $288
Total Assets$406,518$498,715▲ $92,197
Other Assets Total$0$3,654▲ $3,654
Liabilities
Deferred Revenue$278,766$265,413▼ $13,353
Accounts Payable and Accrued Expenses$65,482$50,458▼ $15,024
Other Liabilities$0$31,014▲ $31,014
Total Liabilities$344,248$346,885▲ $2,637
Net Assets / Fund Balance
Unrestricted Net Assets$62,270$151,830▲ $89,560
Total Net Assets Fund Balance$62,270$151,830▲ $89,560
Total Liabilities and Net Assets / Fund Balance$406,518$498,715▲ $92,197

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,583$28,323$39,906
Compensation and Service Providers

Board Members and Trustees

NameTitle
Troy IvesdalPresident/Secretary
Mark KnutsonVice President/Executive Director
Alison DyeDirector
Dave StendeDirector
Nola McNeallyDirector

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
$389,326
Program Service Revenue
$1,150,327
Investment Income
$113
Other Revenue
$-9
All Other Contributions
$389,326
Change in Net Assets
$-6,373

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$20,000Fair Market Value (FMV)
Food Inventory5$6,500Fair Market Value (FMV)
Other Non Cash Contri Table1$2,500Fair Market Value (FMV)
Total Noncash Contributions7$29,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,539,796
Revenue Not Reported on Financial Statements
$-39
Revenue Not Reported on Form 990
$95,933
Other Revenue Adjustments
$-39
Total Revenue per Audited Statements
$1,635,729
Total Revenue per Form 990
$1,539,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,542,319
Total Fundraising Expense$92,580
Grants and Similar Amounts Paid$3,311
Salaries, Compensation, and Employee Benefits$500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$255,697$257,024-$512,721
Fees for Services Management-$216,020$92,580$308,600
Occupancy$76,138$13,788-$89,926
Other Expenses$71,012--$71,012
Office Expenses$28,568$8,244-$36,812
Fees for Services Accounting-$14,304-$14,304
Depreciation Depletion-$14,261-$14,261
Conferences and Meetings$9,572$3,399-$12,971
Insurance-$4,649-$4,649
Grants to Domestic Orgs$3,311--$3,311
Fees for Services Other$3,235--$3,235
Interest-$1,640-$1,640
Other Salaries and Wages$500--$500
Travel-$433-$433
All Other Expenses-$82-$82
Total Functional Expenses$919,706$533,844$92,580$1,546,130

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,546,169
Expenses per Audited Statements$1,546,130
Total Expenses per Form 990$1,546,130
Expenses Not Reported on Form 990$39
Expenses Not Reported on Financial Statements$0
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$25,000$20,000▼ $5,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payable$31,014
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 2018, Fargo Marathon paid $308,600 for management services to Go Far Events, Inc.

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
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Knutson
Formed
2004
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
2,000

Preparer

Firm
Eide Bailly Llp
Address
1730 BURNT BOAT LOOP STE100, BISMARCK, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

The Resolution Run was new in 2018.

Form 990, Part III, line 3

The organization sold the Go Far Woman Run to Run Around Events, Inc. effective January 1, 2018.

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.

Part XI, Line 4B - Other Adjustments:

Cost of Goods Sold reported in Expense in Financial Statements -39.

Part XII, Line 2D - Other Adjustments:

Cost of Goods Sold reported in Expense in Financial Statements 39.

Raw XML AppendixShowing 400 of 495 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/BOYAmt065482
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt050458
IRS990/AccountsReceivableGrp/BOYAmt051594
IRS990/AccountsReceivableGrp/EOYAmt052691
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/ManagementAndGeneralAmt0257024
IRS990/AdvertisingGrp/ProgramServicesAmt0255697
IRS990/AdvertisingGrp/TotalAmt0512721
IRS990/AllOtherContributionsAmt0389326
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt082
IRS990/AllOtherExpensesGrp/TotalAmt082
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/ManagementAndGeneralAmt03399
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt09572
IRS990/ConferencesMeetingsGrp/TotalAmt012971
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0308600
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/CostOfGoodsSoldAmt039
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0389326
IRS990/CYGrantsAndSimilarPaidAmt03311
IRS990/CYInvestmentIncomeAmt0113
IRS990/CYOtherExpensesAmt01542319
IRS990/CYOtherRevenueAmt0-9
IRS990/CYProgramServiceRevenueAmt01150327
IRS990/CYRevenuesLessExpensesAmt0-6373
IRS990/CYSalariesCompEmpBnftPaidAmt0500
IRS990/CYTotalExpensesAmt01546130
IRS990/CYTotalFundraisingExpenseAmt092580
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01539757
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt0278766
IRS990/DeferredRevenueGrp/EOYAmt0265413
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014261
IRS990/DepreciationDepletionGrp/TotalAmt014261
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 Resolution Run, the Fargo Marathon, the Dick Beardsley Half Marathon and Fargo Mini Marathon.The Resolution Run was held on January 7, 2018 in Fargo, North Dakota. This event was a 5K and 10K run held inside the Fargodome. There were approximately 350 participants.The 14th annual Fargo Marathon events were held May 14-19, 2018. 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 Dick Beardsley Marathon Weekend was held on September 2-8, 2018 in Detroit Lakes, Minnesota. There were approximately 2,100 participants across all events, including a Bike Race, Dog Run, Youth Run, 5K, 10K Half Marathon and Full Marathon.The 10th annual Fargo Mini Marathon was held on October 20-21, 2018. Events included a Friday night 5K, and a 5K, 10K, and half marathon on Saturday, October 21st. There were approximately 1,800 participants across all events.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt095933
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0919706
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014304
IRS990/FeesForServicesAccountingGrp/TotalAmt014304
IRS990/FeesForServicesManagementGrp/FundraisingAmt092580
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0216020
IRS990/FeesForServicesManagementGrp/TotalAmt0308600
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03235
IRS990/FeesForServicesOtherGrp/TotalAmt03235
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Troy Ivesdal
IRS990/Form990PartVIISectionAGrp/PersonNm1Mark Knutson
IRS990/Form990PartVIISectionAGrp/PersonNm2Dave Stende
IRS990/Form990PartVIISectionAGrp/PersonNm3Alison Dye
IRS990/Form990PartVIISectionAGrp/PersonNm4Nola McNeally
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President/Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt03311
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03311
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03311
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01539796
IRS990/GrossSalesOfInventoryAmt030
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04649
IRS990/InsuranceGrp/TotalAmt04649
IRS990/IntangibleAssetsGrp/BOYAmt0117000
IRS990/IntangibleAssetsGrp/EOYAmt0105300
IRS990/InterestGrp/ManagementAndGeneralAmt01640
IRS990/InterestGrp/TotalAmt01640
IRS990/InvestmentIncomeGrp/ExclusionAmt0113
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0113
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt028323
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014143
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011583
IRS990/LandBldgEquipCostOrOtherBssAmt039906
IRS990/LegalDomicileStateCd0ND
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/NetAssetsOrFundBalancesBOYAmt062270
IRS990/NetAssetsOrFundBalancesEOYAmt0151830
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-9
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-9
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt029000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013788
IRS990/OccupancyGrp/ProgramServicesAmt076138
IRS990/OccupancyGrp/TotalAmt089926
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08244
IRS990/OfficeExpensesGrp/ProgramServicesAmt028568
IRS990/OfficeExpensesGrp/TotalAmt036812
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt03654
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Misc. Race Expenses
IRS990/OtherExpensesGrp/Desc1Medals/Trophies/Prizes
IRS990/OtherExpensesGrp/Desc2Marathon Entertainment
IRS990/OtherExpensesGrp/ProgramServicesAmt0328731
IRS990/OtherExpensesGrp/ProgramServicesAmt1142942
IRS990/OtherExpensesGrp/ProgramServicesAmt271012
IRS990/OtherExpensesGrp/TotalAmt0328731
IRS990/OtherExpensesGrp/TotalAmt1142942
IRS990/OtherExpensesGrp/TotalAmt271012
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt031014
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0500
IRS990/OtherSalariesAndWagesGrp/TotalAmt0500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01576
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01864
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/RelatedOrExemptFuncIncomeAmt01123230
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115247
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211850
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01123230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211850
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0280761
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt011871
IRS990/PYInvestmentIncomeAmt01366
IRS990/PYOtherExpensesAmt01545336
IRS990/PYOtherRevenueAmt09152
IRS990/PYProgramServiceRevenueAmt01131431
IRS990/PYRevenuesLessExpensesAmt0-139491
IRS990/PYSalariesCompEmpBnftPaidAmt04994
IRS990/PYTotalExpensesAmt01562201
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01422710
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt025000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt020000
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-6373
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01150318
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0197205
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0303623
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt075000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt081500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt039371
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt045494
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0266365
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0389326
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0280761
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0309252
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0305879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0305058
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01590276
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0113
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03825
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04719
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0217
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01150357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01138274
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01100499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01270490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01253633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05913253
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01833
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01320
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03153
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0113
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04719
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08972
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96340
IRS990ScheduleA/PublicSupportPY509Pct00.96050
IRS990ScheduleA/PublicSupportTotal509Amt07240317
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt075000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt081500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt039371
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt045494
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0266365
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01539683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01420868
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01411071
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01576369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01558691
IRS990ScheduleA/Total509Grp/TotalAmt07506682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01539796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01424693
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01415790
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01576467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01558908
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07515654
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/DonatedServicesAndUseFcltsAmt095933
IRS990ScheduleD/EquipmentGrp/BookValueAmt011583
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028323
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt039906
IRS990ScheduleD/ExpensesNotReportedAmt039
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01546130
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt039
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031014
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Related Party Payable
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-39
IRS990ScheduleD/RevenueNotReportedAmt095933
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-39
IRS990ScheduleD/RevenueSubtotalAmt01539796
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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of Goods Sold reported in Expense in Financial Statements -39.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Cost of Goods Sold reported in Expense in Financial Statements 39.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011583
IRS990ScheduleD/TotalExpensesPerForm990Amt01546130
IRS990ScheduleD/TotalLiabilityAmt031014
IRS990ScheduleD/TotalRevenuePerForm990Amt01539757
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01635729
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01546169
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Go Far Events Inc
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Executive Director is the sole owner
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0308600
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/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt020000
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/TotalBalanceDueAmt020000
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt05
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt06500
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Sack Packs
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Shirts
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt020000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt12500
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Resolution Run was new in 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization sold the Go Far Woman Run to Run Around Events, Inc. effective January 1, 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Fargo 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 2018, Fargo Marathon paid $308,600 for management services to Go Far Events, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees with the authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The 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/ExplanationTxt5There 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/ExplanationTxt6The governing documents and the financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings