SMA INC T/A STEAMTOWN MARATHON

EIN: 232987675 501(c)(3) Recreation & Sports

SCRANTON, PA

Total Revenue
$221,411
Total Expenses
$243,688
Total Assets
$131,199
Net Assets
$126,999
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
PA
Principal Officer
JOHN H MARX JR
Phone
5703420427
Tax Period
2023-01-01 to 2023-12-31

SMA INC T/A STEAMTOWN MARATHON, founded in 1999, is a small nonprofit in the Recreation & Sports sector that reported $221K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $244K exceeded revenue, resulting in a 10% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO SUPPORT AMATEUR ATHLETICISM IN NORTHEASTERN PENNSYLVANIA. THE FOCAL POINT OF THE ORGANIZATION'S ACTIVITIES IS THE SPONSORSHIP OF A 26.2-MILE MARATHON. THE EVENT HAS BEEN DESIGNATED AS A CERTIFIED OLYMPIC QUALIFYING COURSE BY THE USATF AND SERVES AS A QUALIFIER FOR A NUMBER OF OTHER AMATEUR MARATHON EVENTS. THE EVENT IS OPEN TO ALL PARTICIPANTS, INCLUDING INDIVIDUALS THAT COMPETE IN THE WHEELCHAIR DIVISION OF THE RACE. THE LAYOUT OF THE COURSE IS DESIGNED TO HIGHLIGHT THE CULTURAL AND HISTORIC ASPECTS OF THE LACKAWANNA VALLEY OF NORTHEASTERN PENNSYLVANIA BY HIGHLIGHING SEVERAL AREAS OF HISTORIC AND CULTURAL SIGNIFICANCE IN THE TOWNS LOCATED ALONG THE RACE COURSE. THE ORGANIZATION STRIVES TO FOSTER AND PROMOTE A HEALTHY LIFESTYLE BY MEANS OF PHYSICAL EXERCISE. THE NET PROCEEDS WILL BE DONATED TO ST. JOSEPH'S CENTER WHICH IS A SCRANTON, PENNSYLVANIA NON-PROFIT ORGANIZATION THAT CARES FOR MEDICALLY FRAGILE CHILDREN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $87,799
Program Service Revenue $130,012
Investment Income $100
Other Revenue $3,500
TOTAL REVENUE $221,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $226,744
Other Expenses $243,688
TOTAL EXPENSES $243,688

Year-over-Year Comparison

2023 2022 Change
Revenue $221,411 $197,072 +0.1%
Expenses $243,688 $222,085 +0.1%
Net Income $-22,277 $-25,013 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
2000

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM F KING PRESIDENT & DIRECTOR 1.00
Officer Director
$0 $0 $0
JAMES A CUMMINGS VICE PRESIDENT & DIRECTOR 1.00
Officer Director
$0 $0 $0
JOHN J MCGOVERN JR SECRETARY & DIRECTOR 1.00
Officer Director
$0 $0 $0
JOHN H MARX JR TREASURER & DIRECTOR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $221,411 $243,688 $131,199 $-22,277
2022 $197,072 $222,085 $156,754 $-25,013
2021 $16,345 $41,759 $180,989 $-25,414
2020 $13,793 $34,340 $203,903 $-20,547
2019 $214,617 $265,864 $225,067 $-51,247
2018 $254,408 $280,967 $275,901 $-26,559
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