RUNNING INDUSTRY ASSOCIATION INC (EIN 464858214) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

TERRENCE SCHALOW

Phone

6199773379

Tax Period

2024-02-01 to 2025-01-31

RUNNING INDUSTRY ASSOCIATION INC, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $798K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

The RIA's sole purpose is to drive the running industry forward by supporting the independently owned run specialty stores and brands in the U.S. We help our members maintain healthy, profitable businesses through financial benefits, innovative commerce tools, advocacy, strategic partnerships, and peer support.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $797,870

Investment Income $9

Other Revenue $0

TOTAL REVENUE $797,879

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,544

Fundraising Expenses $0

Other Expenses $660,787

TOTAL EXPENSES $797,331

Year-over-Year Comparison

	2024	2023	Change
Revenue	$797,879	$601,050	+0.3%
Expenses	$797,331	$713,476	+0.1%
Net Income	$548	$-112,426	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE LYNN SCHALOW	Executive Director	40.00		$132,000	$0	$132,000
Jen Brummit	Secretary	5.00	Officer Director	$0	$0	$0
Andrea Lehmkuhler	President	5.00	Officer Director	$0	$0	$0
Harry Chandler	Vice President	5.00	Officer Director	$0	$0	$0
Lindsey Mulder	Treasurer	5.00	Officer Director	$0	$0	$0
Jeff Metzdorff	Director	5.00	Director	$0	$0	$0
Nick Kovaleski	Director	5.00	Director	$0	$0	$0
Amy Johnson	Director	5.00	Director	$0	$0	$0
Dan Gardner	Director	5.00	Director	$0	$0	$0
Lance Muzslay	Director	5.00	Director	$0	$0	$0
Eric Contreras	Director	5.00	Director	$0	$0	$0
Melissa Vitale	Director	5.00	Director	$0	$0	$0
Kevin McHale	Director	5.00	Director	$0	$0	$0
Jess Reid	Director	5.00	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	$797,879	$797,331	$47,487	$548
2024	$601,050	$713,476	$46,939	$-112,426
2023	$727,998	$634,719	$159,365	$93,279
2022	$503,841	$458,531	$68,086	$45,310

RUNNING INDUSTRY ASSOCIATION INC