RUNNING ADVENTURE CHARITY EVENTS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

SIMON FROESE

Phone

8036060568

Tax Period

2023-07-01 to 2024-06-30

RUNNING ADVENTURE CHARITY EVENTS, founded in 2019, is a micro nonprofit in the Recreation & Sports sector that reported $45K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum.

Mission

TO INTRODUCE LOCAL RUNNERS TO RELAY RUNNING WHILE SUPPORTING COMMUNITY ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $43,800

SUPPORT OF MISSION LEXINGTON AND THE FAITH HOME

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $26,500

Program Service Revenue $0

Investment Income $10

Other Revenue $18,567

TOTAL REVENUE $45,077

Expense Breakdown

Grants Paid $43,750

Salaries & Benefits $0

Fundraising Expenses $1,036

Program Expenses $43,800

Other Expenses $1,693

TOTAL EXPENSES $45,443

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,077	$26,681	+0.7%
Expenses	$45,443	$26,463	+0.7%
Net Income	$-366	$218	-2.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
SIMON FROESE	CEO/PRESIDEN	2.00	Officer Director	$0	$0	$0
MATT PORTH	CFO/TREASURE	2.00	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
2025	No data	No data	No data	No data
2024	$45,077	$45,443	$625	$-366