The Clarence Demar Marathon Inc
The Clarence Demar Marathon Inc maintains stable revenue, zero debt, and growing assets with no executive compensation.
EIN: 20454040 · Keene, NH · NTEE: T99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $159K |
| Program Spending | 85% |
| Net Assets | $182K |
| Transparency Score | 90/100 |
Is The Clarence Demar Marathon Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Clarence Demar Marathon Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Clarence Demar Marathon Inc
The Clarence Demar Marathon Inc (EIN: 20454040) is a nonprofit organization based in Keene, NH, classified under NTEE code T99. The organization reported total revenue of $189K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Clarence Demar Marathon Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Clarence Demar Marathon Inc is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $159K |
| Surplus / Deficit | +$25K |
| Total Assets | $182K |
| Net Assets | $182K |
| Operating Margin | 13.8% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, The Clarence Demar Marathon Inc reported a surplus of $25K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), The Clarence Demar Marathon Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.2% | +59.0% | +16.2% |
| 2022 | -5.9% | -49.6% | +96.7% |
| 2021 | +178.4% | +888.2% | -11.3% |
| 2020 | -62.1% | -87.6% | +112.3% |
| 2019 | +8.6% | +8.2% | +66.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Clarence Demar Marathon Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Clarence Demar Marathon Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization of this size and suggests a volunteer-led structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for The Clarence Demar Marathon Inc:
- Zero liabilities reported across all filings, indicating strong financial stability.
- Significant growth in assets from $4,723 in 2015 to $181,966 in 2023, demonstrating effective resource accumulation.
- Consistent reporting of 0% officer compensation, suggesting a volunteer-led model and high dedication of funds to mission.
- Stable revenue stream, averaging around $170,000 annually in recent years, providing predictable funding.
- Consistent IRS 990 filing history (10 filings), indicating strong transparency and compliance.
Frequently Asked Questions about The Clarence Demar Marathon Inc
Is The Clarence Demar Marathon Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Clarence Demar Marathon Inc (EIN: 20454040) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does The Clarence Demar Marathon Inc spend its money?
The Clarence Demar Marathon Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Clarence Demar Marathon Inc tax-deductible?
The Clarence Demar Marathon Inc is registered as a tax-exempt nonprofit (EIN: 20454040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Clarence Demar Marathon Inc's spending goes to programs?
The Clarence Demar Marathon Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Clarence Demar Marathon Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Clarence Demar Marathon Inc is above average for NTEE category T99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Clarence Demar Marathon Inc located?
The Clarence Demar Marathon Inc is headquartered in Keene, New Hampshire and files with the IRS under EIN 20454040. It is classified under NTEE code T99.
How many years of IRS 990 filings does The Clarence Demar Marathon Inc have?
The Clarence Demar Marathon Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $189K in total revenue.
Is The Clarence Demar Marathon Inc a good charity?
Based on the provided financial data, The Clarence Demar Marathon Inc appears to be a very good charity. It consistently operates with zero liabilities, has significantly grown its assets from $4,723 in 2015 to $181,966 in 2023, and reports 0% officer compensation, indicating strong financial health and a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $4,723 in 2015 to $181,966 in 2023, and it has consistently maintained zero liabilities. Revenue has remained stable, and expenses have generally been well-managed, leading to consistent surpluses in recent years.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. All available IRS 990 filings show 0% officer compensation, suggesting a volunteer-driven leadership model.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all ten available IRS 990 filings, indicating it operates entirely debt-free.
How efficient is The Clarence Demar Marathon Inc with its spending?
The organization appears highly efficient. With consistent revenue and generally lower expenses (e.g., $158,840 in expenses against $184,211 revenue in 2023), it generates surpluses. The absence of officer compensation further suggests that a very high proportion of funds are directed towards program activities and operational needs.
Filing History
IRS 990 filing history for The Clarence Demar Marathon Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), The Clarence Demar Marathon Inc's revenue has grown by 44%, moving from $128K to $184K. Total assets increased by 1883.1% over the same period, from $9K to $182K. Total functional expenses rose by 28.1%, from $124K to $159K. In its most recent filing year (2023), The Clarence Demar Marathon Inc reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184K | $159K | $182K | $0 | — | View 990 |
| 2022 | $177K | $100K | $157K | $0 | — | View 990 |
| 2021 | $188K | $198K | $80K | $0 | — | View 990 |
| 2020 | $67K | $20K | $90K | $0 | — | View 990 |
| 2019 | $178K | $161K | $42K | $0 | — | View 990 |
| 2018 | $164K | $149K | $25K | $0 | — | View 990 |
| 2017 | $176K | $176K | $10K | $0 | — | View 990 |
| 2016 | $162K | $156K | $11K | $0 | — | View 990 |
| 2015 | $142K | $147K | $5K | $0 | — | View 990 |
| 2014 | $128K | $124K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $184K, expenses of $159K, and assets of $182K (revenue +4.2% year-over-year).
- 2022: Revenue of $177K, expenses of $100K, and assets of $157K (revenue -5.9% year-over-year).
- 2021: Revenue of $188K, expenses of $198K, and assets of $80K (revenue +178.4% year-over-year).
- 2020: Revenue of $67K, expenses of $20K, and assets of $90K (revenue -62.1% year-over-year).
- 2019: Revenue of $178K, expenses of $161K, and assets of $42K (revenue +8.6% year-over-year).
- 2018: Revenue of $164K, expenses of $149K, and assets of $25K (revenue -6.9% year-over-year).
- 2017: Revenue of $176K, expenses of $176K, and assets of $10K (revenue +8.3% year-over-year).
- 2016: Revenue of $162K, expenses of $156K, and assets of $11K (revenue +14.1% year-over-year).
- 2015: Revenue of $142K, expenses of $147K, and assets of $5K (revenue +11.3% year-over-year).
- 2014: Revenue of $128K, expenses of $124K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Clarence Demar Marathon Inc:
Data Sources and Methodology
This transparency report for The Clarence Demar Marathon Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.