Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 28,525 | 29,827 | 30,065 | 176,657 | 19,948 | 285,022 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 655,669 | 681,904 | 735,774 | 553,784 | 135,532 | 2,762,663 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 684,194 | 711,731 | 765,839 | 730,441 | 155,480 | 3,047,685 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | 3,047,685 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 684,194 | 711,731 | 765,839 | 730,441 | 155,480 | 3,047,685 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 579 | 789 | 752 | 821 | 548 | 3,489 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 579 | 789 | 752 | 821 | 548 | 3,489 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 5,482 | 5,482 | ||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 684,773 | 712,520 | 766,591 | 731,262 | 161,510 | 3,056,656 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2020. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE CORPORATION IS ORGANIZED EXCLUSIVELY AS A CHARITABLE ORGANIZATION WITHIN THE MEANING OF INTERNAL REVENUE SERVICE CODE (THE "CODE") SECTION 501(C)(3), OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, FOR THE PURPOSE OF: (1) PROMOTING AND ENCOURAGING HEALTH, FITNESS, FAMILY RECREATION AND COMPETITION FOR ALL INDIVIDUALS IN THE COUNTIES OF GRAND TRAVERSE, KALKASKA, LEELANAU, ANTRIM AND BENZIE, THROUGH THE ACTIVITIES OF RUNNING, RACE-WALKING, AND WALKING; (2) PROMOTING AND CONDUCTING COMPETITIVE RACES OR OTHER RUNNING/WALKING EVENTS; (3) EDUCATING THE PUBLIC AS TO THE HEALTH BENEFITS OF RUNNING AND WALKING; (4) PRESENTATION OF AWARDS AND GRANTING OF EDUCATIONAL SCHOLARSHIPS AND COMMUNITY GRANTS; (5) PARTICIPATION IN AND/OR INSTITUTION OF RESEARCH PROJECTS RELATING TO ITS EXEMPT ACTIVITIES; (6) MAINTAINING MEMBERSHIP IN THE ROAD RUNNERS CLUB OF AMERICA, INC., A NONPROFIT CORPORATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE CODE, AND; (7) DOING ALL OTHER THINGS AND EXERCISING ALL CORPORATE POWERS NECESSARY TO CARRY OUT ITS PURPOSE; WITH ALL THE POWERS CONFERRED UPON IT BY THE PROVISIONS OF THE MICHIGAN NONPROFIT CORPORATION ACT, BEING ACT 162 OF THE PUBLIC ACTS OF 1982, AS AMENDED (THE "ACT"), PROVIDED ALL SUCH ACTIVITIES SHALL BE IN FURTHERANCE OF THE CORPORATION'S EXEMPT ACTIVITIES AS DEFINED BY SECTION 501(C)(3) OF THE CODE AND THE REGULATIONS PROMULGATED THEREUNDER. |
| FORM 990, PAGE 2, PART III, LINE 4A | BAYSHORE MARATHON: FOUNDED IN 1983 BY LOCAL RUNNING ENTHUSIASTS WHO WANTED TO SHARE THE BEAUTY OF THE GRAND TRAVERSE REGION AND THE OLD MISSION PENINSULA, THE BAYSHORE MARATHON HAS BECOME A "MUST RUN" FOR RUNNERS THROUGHOUT THE MIDWEST AND BEYOND. MANY RUNNERS RETURN YEAR AFTER YEAR TO ENJOY THE SCENIC COURSES WHICH RUN ALONG THE SHORES OF BEAUTIFUL GRAND TRAVERSE BAY. BAYSHORE EVENTS FEATURE A 10K, HALF MARATHON AND FULL MARATHON. TO ENSURE A MORE ENJOYABLE EXPERIENCE, THE NUMBER OF RUNNERS IN ALL THREE RACES IS LIMITED. FARMLAND 5K: THE FARMLAND 5K RUN AND FREE FOR ALL AND 1 MILE KIDS FUN RUN IS TRAVERSE CITY'S WINTER WEATHER RUNNING AND BIKING EVENT. THIS EUROPEAN- STYLE CROSS COUNTRY RACE IS ON A DEDICATED COURSE ON PRIVATE FARMLAND AND FEATURES TRAILS, ROLLING HILLS, TURFGRASS AND OPTIONAL KNEE HIGH BARRIERS INCLUDING STRAW BALES, FALLEN LOGS, WOOD FENCE AND STONE FENCE. THE EVENT TAKES PLACE "UNDER THE PINES" AT THE RASHO FARM. |
| FORM 990, PAGE 2, PART III, LINE 4B | CHARITABLE GIFTS: TC TRACK CLUB IS ACTIVELY INVOLVED IN SUPPORTING LOCAL SCHOOLS, ORGANIZATIONS, AND INDIVIDUALS RELATED TO RUNNING. THROUGH THE EVENTS TC TRACK CLUB HOSTS, WE ARE ABLE TO GENEROUSLY GIVE BACK TO OUR COMMUNITY. AS OF THE 2017 SPRING GRANT CYCLE, THE AMOUNT WE HAVE GRANTED HAS EXCEEDED THE 2 MILLION MARK. SOME OF THE PAST RECIPIENTS INCLUDE: TRAVERSE CITY PUBLIC SCHOOLS CROSS COUNTRY AND TRACK & FIELD PROGRAMS, TC ST. FRANCIS, GT ACADEMY, TART TRAILS, VASA, HICKORY HILLS, MT. HOLIDAY, AND THE WOMEN'S CANCER FUND. TC TRACK CLUB ALSO ESTABLISHED AN ENDOWMENT WITH THE GRAND TRAVERSE COMMUNITY FOUNDATION, AND THE NMC FOUNDATION WHICH WILL FUND GRANTS AND SCHOLARSHIPS FOR MANY YEARS TO COME. SCHOLARSHIPS: THE TRAVERSE CITY TRACK CLUB IS DEDICATED TO SUPPORT STUDENTS FOR WHOM THE MISSION OF OUR ORGANIZATION IS AN INTEGRAL PART OF THEIR LIVES THAT THEY RECEIVE FINANCIAL ASSISTANCE TO CONTINUE TO DEVELOP THEIR TALENTS AND EXCEL IN HIGHER EDUCATION. THE SCHOLARSHIP IS AVAILABLE TO GRADUATING HIGH SCHOOL SENIORS OR CURRENT COLLEGE STUDENTS FROM ANTRIM, BENZIE, GRAND TRAVERSE, KALKASKA, OR LEELANAU COUNTY. THESE OUTSTANDING "TCTC SCHOLARS" WILL EACH RECEIVE BETWEEN 1,000 AND 2,000 TO PURSUE HIGHER EDUCATION AT COLLEGES AND UNIVERSITIES ACROSS THE NATION. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THOSE WHO PAY AN ANNUAL MEMBERSHIP FEE OF 15.00 ARE CONSIDERED MEMBERS OF THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 7A | MEMBERS VOTE TO ELECT BOARD MEMBERS AT AN ANNUAL ELECTION. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE MEMBERS AND EACH AFFECTED CLASS OF MEMBERS, IF ANY, SHALL APPROVE BY A MAJORITY VOTE, ANY BYLAW DENYING, LIMITING, OR OTHERWISE PRESCRIBING THE VOTING RIGHTS OF ANY CLASS OF MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 8B | NO COMMITTEE HAS BEEN GIVEN AUTHORITY TO ACT ON BEHALF OF THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 11B | JUST AFTER THE TAXABLE YEAR END, THE FINANCIAL INFORMATION IS PROVIDED TO THE CERTIFIED PUBLIC ACCOUNTANT FOR PREPARATION OF THE FORM 990. ONCE THIS PROCESS IS COMPLETED, THE FIRST DRAFT OF THE FORM 990 IS REVIEWED BY THE TREASURER AND THE FINANCE COMMITTEE. ANY CHANGES TO THE FORM 990 THAT ARE REQUESTED BY THE FINANCE COMMITTEE ARE MADE BY THE CERTIFIED PUBLIC ACCOUNTANT. THE FINAL VERSION OF THE FORM 990 IS SIGNED BY AN AUTHORIZED OFFICER AND IS FILED BY THE CERTIFIED PUBLIC ACCOUNTANT. THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS AND IS DISCUSSED AT THE NEXT BOARD MEETING, AND APPROVED BY THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE TRAVERSE CITY TRACK CLUB, INC. HAS HAD A CONFLICT OF INTEREST POLICY FOR A NUMBER OF YEARS. IT IS REVIEWED WITH THE BOARD OF DIRECTORS ON AN ANNUAL BASIS AND CONTAINS MULTIPLE STEPS TO INSURE HONESTY AND INTEGRITY. MEMBERS ARE GIVEN OPTION TO ABSTAIN FROM ANY VOTE THAT MIGHT PRESENT A CONFLICT OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE ORGANIZATION'S EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED REGULARLY ACCORDING TO A POLICY ESTABLISHING A REASONABLE COMPENSATION COMMITTEE WHICH USES COMPARABILITY DATA IN DETERMINING COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | COPIES OF OUR BYLAWS AND CONFLICT OF INTEREST POLICIES ARE FOUND ON OUR WEBSITE. A COPY OF OUR FORM 990 WILL BE PROVIDED UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | RACE MANAGEMENT 19,870 0 0 RACE CONTRACT LABOR 16,122 0 0 CONTRACT LABOR 0 10,400 0 NON-PROFIT WORK GROUPS 1,000 0 0 TOTAL 36,992 10,400 0 |
| Software ID: | |
| Software Version: |