Akron Marathon Charitable Corporation
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Akron Marathon Charitable Corporation does not meet the following 2 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
The charity does not meet this Standard because:
Although the charity solicits for contribution on its website, https://www.akronmarathon.org, the charity does not list its total income for the past fiscal year on its website, the charity does not list its total program expenses for the past fiscal year on its website, the charity does not list its total fundraising expenses for the past fiscal year on its website, the charity does not list its total administrative expenses for the past fiscal year on its website, the charity does not list its total end-of-year net assets for the past fiscal year on its website and the charity does not provide access to its most recent IRS Form 990 on its website.
Akron Marathon Charitable Corporation meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
The mission of the Akron Marathon Charitable Corporation is to provide a marathon and other events that promote health and fitness, stimulate the local economy, galvanize the community and benefit charitable organizations.
Year, State Incorporated:
2002, OH
Also Known As:
The Akron Marathon Rubber City Race Series
The Akron Marathon Charitable Corporation holds the Akron Marathon Race Series presented by Summa Health each year. The Race Series consists of the National Interstate 8k & 1 mile in June, the Goodyear Half Marathon & 10k in August, and the FirstEnergy Akron Marathon, Half Marathon & Team Relay as well as a Kids Fun Run in September. There are over 1,500 volunteers, 12,000 participants, and 100,000 spectators that come out for the Race Series events each year.
For the year ended December 31, 2024, Akron Marathon Charitable Corporation's program expenses were:
| Program Services | $1,309,441 |
| Total Program Expenses | $1,309,441 |
Chief Executive
Anne Bitong, President/CEO
Board Size
11
Method(s) Used:
Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Grant proposals, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Akron Marathon Charitable Corporation's IRS Form 990 for the year ended December 31, 2024.
Source of Funds
| Registration Fees | $766,253 |
| Contributions, gifts, grant and other similar amounts | $694,787 |
| Net income from the sale of inventory gain or (loss) | $15,237 |
| Investment Income | $4,714 |
| Net income from the sale of assets gain or (loss) | $-4,425 |
| Total Income | $1,476,566 |
Programs: 86% Fundraising: 6% Administrative: 9%
| Total Income | $1,476,566 |
| Total expenses: | $1,524,066 |
| Program expenses | $1,309,441 |
| Fundraising expenses | $84,347 |
| Administrative expenses | $130,278 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-47,500 |
| Beginning Net Assets | $655,026 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $607,526 |
| Total Liabilities | $146,114 |
| Total Assets | $607,526 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
