CHARLOTTESVILLE TRACK CLUB INC

EIN: 237348914 501(c)(3) Recreation & Sports

Charlottesville, VA

Total Revenue
$446,928
Total Expenses
$475,085
Total Assets
$159,823
Net Assets
$49,840
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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
VA
Principal Officer
Tim Wendel
Phone
6027501607
Tax Period
2024-10-01 to 2025-09-30

CHARLOTTESVILLE TRACK CLUB INC, founded in 1976, is a small nonprofit in the Recreation & Sports sector that reported $356K in total revenue in fiscal year 2022. Revenue surged 173% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 36% operating margin.

Mission

CTC is organized to provide a structured organization for the purpose of promoting running as a sport and healthy lifestyle within our community. In furtherance of our purpose, CTC hosts group runs, fun runs, training runs and programs on the road and/or track, hosts education lectures about topics of interest for runners, provides awards for club members, hosts social events for members, and all such other things as may be conducive to the encouragement of running. CTC also engages in community activities, to publicize by appropriate means, the benefits of running as a means of physical fitness to improve the health status of people in our community. CTC's support of non-profit running events helps raise funds in the local community.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $167,526
Program Service Revenue $278,388
Investment Income $1,014
Other Revenue $0
TOTAL REVENUE $446,928

Expense Breakdown

Grants Paid $317,144
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $464,114
Other Expenses $157,941
TOTAL EXPENSES $475,085

Year-over-Year Comparison

2024 2023 Change
Revenue $446,928 $411,948 +0.1%
Expenses $475,085 $410,236 +0.2%
Net Income $-28,157 $1,712 -17.4%
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
8
Independent Members
8
Employees
N/A
Volunteers
200

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tim Wendel President 4
Officer Director
$0 $0 $0
Frances Manley Vice President 4
Officer Director
$0 $0 $0
Diane Rosin Secretary 4
Officer Director
$0 $0 $0
Katherine Walker Treasurer 4
Officer Director
$0 $0 $0
Rick Willis Member, Board of Directors 4
Director
$0 $0 $0
Sara Leigh Member, Board of Directors 4
Director
$0 $0 $0
Kristen Heinan Member, Board of Directors 4
Director
$0 $0 $0
Kate Kaminski Member, Board of Directors 4
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
2025 $446,928 $475,085 $159,823 $-28,157
2024 $411,948 $410,236 $195,604 $1,712
2023 $356,330 $229,244 $194,650 $127,086
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