Quad Cities Running Club Inc

The Quad Cities Running Club Inc is a nonprofit organization based in East Moline, Illinois. It was granted tax-exempt status by the IRS in October 2005 and is classified under the NTEE category for Recreation, Sports, Leisure, Athletics, specifically for Amateur Sports Competitions[1].

Mission and Activities

Although specific details about the mission of the Quad Cities Running Club Inc are not provided, its involvement in organizing events such as the TBK Bank Quad Cities Marathon suggests its focus is on promoting amateur sports competitions and fostering a community of runners. The club supports events that offer participants a scenic course, often along the Mississippi River, and provides resources for athletes[2].

Financial Overview

In recent years, the organization's revenue has been primarily derived from contributions and program services. For the fiscal year ending December 2022, contributions accounted for approximately 46.6% of total revenue, while program services made up around 52.3%. The club reported a net income of -$4,030 during this period, reflecting total expenses slightly exceeding revenues. Net assets were valued at $261,332[1].

Governance and Operations

Like many nonprofits, the Quad Cities Running Club Inc files annual reports with the Internal Revenue Service (Form 990), which provide detailed insights into its financial performance, governance practices, and operational activities. These reports are publicly accessible through services like ProPublica's Nonprofit Explorer[3].

Tax Deductibility

Donations to the Quad Cities Running Club Inc are tax-deductible, attracting supporters who wish to contribute to amateur sports development and the promotion of running events[1].