Tulsa Route 66 Marathon Inc
Tulsa Route 66 Marathon Inc. faces increasing liabilities and recent operating deficits despite volunteer executive leadership.
EIN: 203774430 · Tulsa, OK · NTEE: N30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $934K |
| Total Expenses | $919K |
| Program Spending | 80% |
| Net Assets | $-184,861 |
| Transparency Score | 70/100 |
Is Tulsa Route 66 Marathon Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tulsa Route 66 Marathon Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tulsa Route 66 Marathon Inc
Tulsa Route 66 Marathon Inc (EIN: 203774430) is a nonprofit organization based in Tulsa, OK, classified under NTEE code N30. The organization reported total revenue of $934K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tulsa Route 66 Marathon Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tulsa Route 66 Marathon Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $873K |
| Total Expenses | $919K |
| Surplus / Deficit | $-46,007 |
| Total Assets | $362K |
| Total Liabilities | $547K |
| Net Assets | $-184,861 |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 151.1% |
| Months of Reserves | 4.7 months |
Financial Health Grade: C
In 2023, Tulsa Route 66 Marathon Inc reported a deficit of $46K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 151.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tulsa Route 66 Marathon Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.2% | +4.5% | -14.0% |
| 2022 | -3.8% | +15.0% | +27.0% |
| 2021 | +115.5% | +154.1% | +18.2% |
| 2020 | -70.7% | -72.1% | -49.7% |
| 2019 | +9.0% | +2.9% | +58.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Tulsa Route 66 Marathon Inc with a Mission Score of 70 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Tulsa Route 66 Marathon Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 151.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is a highly positive sign for donor confidence and efficient use of funds for the organization's mission.
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.
Red Flags
The following concerns were identified during AI analysis of Tulsa Route 66 Marathon Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $46,007 in 2023, $198,437 in 2022).
- Liabilities ($546,813 in 2023) significantly exceed assets ($361,952 in 2023).
- Declining asset base from $557,532 in 2019 to $361,952 in 2023.
Strengths
The following positive indicators were identified for Tulsa Route 66 Marathon Inc:
- 0% officer compensation reported across all filings, indicating volunteer leadership.
- Long history of IRS 990 filings (14 filings), demonstrating transparency.
- Consistent operation of its core event, as evidenced by annual filings.
Frequently Asked Questions about Tulsa Route 66 Marathon Inc
Is Tulsa Route 66 Marathon Inc a legitimate charity?
Tulsa Route 66 Marathon Inc (EIN: 203774430) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $934K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Tulsa Route 66 Marathon Inc spend its money?
Tulsa Route 66 Marathon Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Tulsa Route 66 Marathon Inc tax-deductible?
Tulsa Route 66 Marathon Inc is registered as a tax-exempt nonprofit (EIN: 203774430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tulsa Route 66 Marathon Inc's spending goes to programs?
Tulsa Route 66 Marathon Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tulsa Route 66 Marathon Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Tulsa Route 66 Marathon Inc is above average for NTEE category N30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tulsa Route 66 Marathon Inc located?
Tulsa Route 66 Marathon Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 203774430. It is classified under NTEE code N30.
How many years of IRS 990 filings does Tulsa Route 66 Marathon Inc have?
Tulsa Route 66 Marathon Inc has 14 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 $934K in total revenue.
Is Tulsa Route 66 Marathon Inc. financially stable?
The organization's financial stability appears challenged, with expenses exceeding revenue in several recent years (e.g., 2023, 2022) and liabilities ($546,813 in 2023) significantly surpassing assets ($361,952 in 2023). This trend suggests potential financial strain.
What is the reason for the significant increase in liabilities?
The provided data does not specify the nature of the liabilities, which increased from $365,293 in 2019 to $546,813 in 2023. Further investigation into the IRS 990 forms would be needed to understand if these are deferred revenues, payables, or other obligations.
How does the 0% officer compensation impact the organization?
The 0% officer compensation is a strong positive, indicating that the organization's leadership is volunteer-based. This means more of the organization's revenue can be directed towards its programs and operational costs rather than executive salaries.
Filing History
IRS 990 filing history for Tulsa Route 66 Marathon Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tulsa Route 66 Marathon Inc's revenue has grown by 46.2%, moving from $597K to $873K. Total assets increased by 351.9% over the same period, from $80K to $362K. Total functional expenses rose by 55.7%, from $590K to $919K. In its most recent filing year (2023), Tulsa Route 66 Marathon Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $547K in liabilities against $362K in assets (debt-to-asset ratio: 151.1%), resulting in net assets of $-184,861.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $873K | $919K | $362K | $547K | — | — |
| 2022 | $681K | $879K | $421K | $458K | — | View 990 |
| 2021 | $708K | $764K | $332K | $171K | — | View 990 |
| 2020 | $328K | $301K | $280K | $63K | — | View 990 |
| 2019 | $1.1M | $1.1M | $558K | $365K | — | View 990 |
| 2018 | $1.0M | $1.0M | $352K | $128K | — | View 990 |
| 2017 | $1.1M | $996K | $464K | $218K | — | View 990 |
| 2016 | $1.1M | $1.2M | $412K | $248K | — | View 990 |
| 2015 | $1.5M | $1.3M | $417K | $130K | — | View 990 |
| 2014 | $899K | $961K | $287K | $199K | — | View 990 |
| 2013 | $1.0M | $927K | $180K | $29K | — | View 990 |
| 2012 | $768K | $680K | $96K | $56K | — | View 990 |
| 2011 | $626K | $696K | $40K | $88K | — | View 990 |
| 2010 | $597K | $590K | $80K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $873K, expenses of $919K, and assets of $362K (revenue +28.2% year-over-year).
- 2022: Revenue of $681K, expenses of $879K, and assets of $421K (revenue -3.8% year-over-year).
- 2021: Revenue of $708K, expenses of $764K, and assets of $332K (revenue +115.5% year-over-year).
- 2020: Revenue of $328K, expenses of $301K, and assets of $280K (revenue -70.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $558K (revenue +9.0% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $352K (revenue -4.9% year-over-year).
- 2017: Revenue of $1.1M, expenses of $996K, and assets of $464K (revenue -0.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $412K (revenue -27.4% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.3M, and assets of $417K (revenue +66.6% year-over-year).
- 2014: Revenue of $899K, expenses of $961K, and assets of $287K (revenue -13.4% year-over-year).
- 2013: Revenue of $1.0M, expenses of $927K, and assets of $180K (revenue +35.2% year-over-year).
- 2012: Revenue of $768K, expenses of $680K, and assets of $96K (revenue +22.7% year-over-year).
- 2011: Revenue of $626K, expenses of $696K, and assets of $40K (revenue +4.8% year-over-year).
- 2010: Revenue of $597K, expenses of $590K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tulsa Route 66 Marathon Inc:
Data Sources and Methodology
This transparency report for Tulsa Route 66 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.