CORNBELT RUNNING CLUB

EIN: 930708918 501(c)(3)

DAVENPORT, IA

Total Revenue
$860,756
Total Expenses
$802,423
Total Assets
$1,105,451
Net Assets
$1,092,594
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IA
Tax Period
2022-12-01 to 2023-11-30

CORNBELT RUNNING CLUB, founded in 1978, is a small nonprofit that reported $861K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $802K left a modest 7% surplus.

Mission

PROMOTE RUNNING AT ALL AGES & SKILL LEVELS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $318,320
Program Service Revenue $515,987
Investment Income $5,114
Other Revenue $21,335
TOTAL REVENUE $860,756

Expense Breakdown

Grants Paid $21,043
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $802,423
Other Expenses $781,380
TOTAL EXPENSES $802,423

Year-over-Year Comparison

2022 2021 Change
Revenue $860,756 $776,644 +0.1%
Expenses $802,423 $607,854 +0.3%
Net Income $58,333 $168,790 -0.7%
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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
1200

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN PARKER DIRECTOR 10.00
Director
$0 $0 $0
BOB MADISON DIRECTOR 10.00
Director
$0 $0 $0
RITA SCHAEFFER DIRECTOR 10.00
Director
$0 $0 $0
JOANNA LOCHNER DIRECTOR 10.00
Director
$0 $0 $0
MORGAN MESEKE DIRECTOR 10.00
Director
$0 $0 $0
JULIE DAVENPORT DIRECTOR 10.00
Director
$0 $0 $0
PEGGY NEAVOR DIRECTOR 10.00
Director
$0 $0 $0
SCOTT HOAG SECRETARY 20.00
Officer
$0 $0 $0
EVE REYNOLDS TREASURER 20.00
Officer
$0 $0 $0
KARL UNGUREAN VICE PRESIDENT 10.00
Officer
$0 $0 $0
PAUL SCHMIDT PRESIDENT 20.00
Officer
$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 $860,756 $802,423 $1,105,451 $58,333
2022 $776,644 $607,854 $1,041,679 $168,790
2021 $685,014 $599,339 $882,404 $85,675
2020 $314,223 $425,502 $802,542 $-111,279
2018 $927,022 $875,791 $1,083,349 $51,231
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CORNBELT RUNNING CLUB with other nonprofits in Iowa and across the country.