2025-11-13T11:51:41-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 1188 PADRE DRIVE STE 101 SALINAS CA 93901 990 2024-01-01 770048388 BIG SUR MARATHON FOUNDATION INC BIGS 8316256226 PO BOX 222620 CARMEL CA 93922 JOHN HIESTAND TREASURER 8316256226 2025-11-12 1 1 RAE GULARTE P01323216 8317596300 2025-11-10 2024 2025-03-06 01:10:19Z JENNIFER EDWARDS PO BOX 222620 CARMEL CA 93922 4565017 0 X WWW.BSIM.ORG X 1986 CA TO CREATE BEAUTIFUL RUNNING EVENTS THAT PROMOTE HEALTH AND BENEFIT OUR COMMUNITY. 14 14 3 2500 0 0 663549 597132 3630650 3752576 103177 119319 116597 95990 4513973 4565017 429401 392510 0 0 313306 329762 0 0 73187 2967127 3212727 3709834 3934999 804139 630018 5040954 5968945 2641822 2818776 2399132 3150169 TO CREATE BEAUTIFUL RUNNING EVENTS THAT PROMOTE HEALTH AND BENEFIT OUR COMMUNITY. 0 0 3637766 392510 3848566 BIG SUR MARATHON ORGANIZES RUNNING EVENTS. MARATHON EVENT IN APRIL WITH 9,138 PARTICIPANTS, HALF MARATHON EVENT IN NOVEMBER WITH 9,823 PARTICIPANTS, PALO CORONA CROSS COUNTRY MEETS COORDINATED WITH SCHOOLS WITH 2,000 PARTICIPANTS, BOYS AND GIRLS CLUBS SUMMER PARTICIPANTS 500. 3637766 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 29 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X CHRIS BALOG 8316256226 PO BOX 222620 CARMEL CA 93922 DINO PICK CHAIRMAN 5.00 X X 0 0 0 MIMI HAHN VICE CHAIRMAN 1.00 X X 0 0 0 JOHN THIBEAU TREASURER 5.00 X X 0 0 0 HANK ARMSTRONG SECRETARY 1.00 X X 0 0 0 SHAREN CAREY DIRECTOR 1.00 X 0 0 0 HUGO FERLITO DIRECTOR 1.00 X 0 0 0 BECKY JONES DIRECTOR 1.00 X 0 0 0 TINA LAVORATO DIRECTOR 1.00 X 0 0 0 AMANDA LEBOW DIRECTOR 1.00 X 0 0 0 WINLI MCANALLY DIRECTOR 1.00 X 0 0 0 JOHN MUTTY DIRECTOR 1.00 X 0 0 0 DOUG OLDFIELD DIRECTOR 1.00 X 0 0 0 MARC PRITCHARD DIRECTOR 1.00 X 0 0 0 JON RUSSELL DIRECTOR 1.00 X 0 0 0 JOSH PRIESTER EXECUTIVE DIRECTOR 40.00 X 107276 0 21891 CHRIS BALOG BUSINESS MGR 40.00 X 88119 0 720 195395 0 22611 1 0 0 0 BLISTERING PACE RACE MGMT PO BOX 6194 NAPA CA 94581 RACE MGMT SERVICES 534737 1 597132 222748 597132 RACE ENTRY FEES 713990 3529953 3529953 RACE OTHER INCOME 713990 222623 222623 3752576 119319 119319 95990 0 95990 95990 4565017 3848566 0 119319 X 392510 392510 218006 130804 43601 43601 88469 53081 17694 17694 1706 1024 341 341 21581 12949 4316 4316 231 231 101488 101488 6007 6007 72630 72630 72884 50046 20462 2376 19682 11810 3936 3936 99122 97276 923 923 13709 13709 11190 11190 RACE OPERATIONS 1617237 1617237 RACE T-SHIRTS 226139 226139 TRANSPORTATION AND PARK 225020 225020 RACE SECURITY COSTS 215171 215171 532217 532069 148 3934999 3637766 224046 73187 2080964 2768396 642507 42353 41440 18684 49952 77196 120231 92573 40270 27658 2007281 2841936 178540 192722 5040954 5968945 33340 37140 92650 107900 2378629 2522264 137203 151472 2641822 2818776 X 2377360 3150169 21772 0 2399132 3150169 5040954 5968945 630018 119080 1939 0 X X 0 1 X 1 0 X 166038 279570 678325 663549 597132 2384614 166038 279570 678325 663549 597132 2384614 532147 1852467 15147 8419 38160 76376 119319 257421 2135 2135 2644170 12212801 0.70060 0.72170 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 2,135. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48533 27911 20622 71698 64662 7036 27658 ROU LIABILITY 151472 151472 X 4696097 119080 12000 131080 4565017 0 4565017 3946999 12000 12000 3934999 0 3934999 PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE PROVISIONS RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH DEFINES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION'S MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE FOUNDATION'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. 1 BIG SUR HEALTH CENTER 46896 HIGHWAY 1 BIG SUR CA 93920 770077112 501(C)(3) 39000 0 N/A N/A SUPPORT EXEMPT PURPOSE BIG SUR UNIFIED SCHOOL DIST 69325 HIGHWAY 1 BIG SUR CA 93920 770320713 GOVERNMENT ENTITY 7500 0 N/A N/A SUPPORT EXEMPT PURPOSE BIG SUR VOLUNTEER FIRE BRIGADE PO BOX 520 BIG SUR CA 93920 942840361 501(C)(3) 38000 0 N/A N/A SUPPORT EXEMPT PURPOSE CALIF STATE UNIVERSITY MONTEREY BAY 100 CAMPUS CTR SEASIDE CA 93955 GOVERNMENT ENTITY 9900 0 N/A N/A SUPPORT ATHLETIC PROGRAMS CAPTAIN COOPER PARENTS CLUB PO BOX 250 BIG SUR CA 93920 237198109 501(C)(3) 9500 0 N/A N/A SUPPORT EXEMPT PURPOSE CARMEL HIGH SCHOOL 3600 OCEAN AVENUE CARMELBYTHESEA CA 93923 GOVERNMENT ENTITY 9350 0 N/A N/A SUPPORT ATHLETIC PROGRAMS CENTRAL COAST LIGHTHOUSE KEEPERS PO BOX 223014 CARMEL CA 93922 770342442 501(C)(3) 6500 0 N/A N/A SUPPORT EXEMPT PURPOSE MID-COAST FIRE BRIGADE PALO COLORADO ROAD CARMEL CA 93923 942593269 501(C)(3) 18250 0 N/A N/A SUPPORT EXEMPT PURPOSE MONTEREY HIGH SCHOOL 101 HERRMANN DRIVE MONTEREY CA 93940 GOVERNMENT ENTITY 9650 0 N/A N/A SUPPORT ATHLETIC PROGRAMS MONTEREY PENINSULA COLLEGE 980 FREMONT STREET MONTEREY CA 93940 GOVERNMENT ENTITY 11650 0 N/A N/A SUPPORT ATHLETIC PROGRAMS PACIFIC GROVE HIGH SCHOOL 615 SUNSET DRIVE PACIFIC GROVE CA 93950 GOVERNMENT ENTITY 7350 0 N/A N/A SUPPORT ATHLETIC PROGRAMS WEDNESDAY NIGHT LAUNDRY RUNNERS OF MONTEREY COUNTY PO BOX 221462 CARMEL CA 93922 851235147 501(C)(3) 7000 0 N/A N/A SUPPORT EXEMPT PURPOSE WHITE STAG LEADERSHIP 33 SOLEDAD DRIVE MONTEREY CA 93940 203271014 501(C)(3) 19850 0 N/A N/A SUPPORT EXEMPT PURPOSE 13 0 PART I, LINE 2: GRANT APPLICATIONS ARE REVIEWED AND APPROVED. AS A RESULT OF THE INITIAL REVIEW OF GRANT APPLICATIONS, ADDITIONAL INFORMATION MAY BE REQUESTED TO DETERMINE ELIGIBILITY OF THE FUNDS TO BE GRANTED. X 55255 RETAIL VALUE PER WEBSITE X 8 153493 RETAIL PRICES BY VENDOR X 1 14000 SPONSORSHIP PROVIDED 0 0 1 1 PART I, COLUMN (B): THE COUNT REPRESENTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 32B: BLISTERING PACE RACE MANAGEMENT OPERATIONS TEAM SOLICITS CASH AND INKIND SPONSORSHIPS FOR BIG SUR MARATHON FDN AS PART OF THEIR OPERATIONAL DUTIES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B COMMITTEE OF THE BOARD REVIEWS THE FORM 990 PRIOR TO FILING. DOCUMENTS WILL BE DISTRIBUTED FOR REVIEW VIA BOARDSPOT PORTAL. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISCUSSED REGULARLY AT THE BOARD LEVEL AS WELL AS IN WEEKLY LEADERSHIP MEETINGS. TO WHOM DOES THE POLICY APPLY? THIS POLICY APPLIES TO ALL DIRECTORS, OFFICERS AND KEY PERSONS. KEY PERSON MEANS A PERSON, OTHER THAN A DIRECTOR OR OFFICER, WHETHER OR NOT AN EMPLOYEE OF THE CORPORATION, WHO: A) HAS RESPONSIBILITIES, OR EXERCISES POWERS OR INFLUENCE OVER THE CORPORATION AS A WHOLE SIMILAR TO THE RESPONSIBILITIES, POWERS, OR INFLUENCE OF DIRECTORS AND OFFICERS; B) MANAGES THE CORPORATION, OR A SEGMENT OF THE CORPORATION THAT REPRESENTS A SUBSTANTIAL PORTION OF THE ACTIVITIES, ASSETS, INCOME, OR EXPENSES OF THE CORPORATION; OR C) ALONE OR WITH OTHERS CONTROLS OR DETERMINES A SUBSTANTIAL PORTION OF THE CORPORATION'S CAPITAL EXPENDITURES OR OPERATING BUDGET. DISCLOSING POTENTIAL CONFLICTS OF INTEREST 1. YOU MUST DISCLOSE TO THE BEST OF YOUR KNOWLEDGE ALL POTENTIAL CONFLICTS OF INTEREST AS SOON AS YOU BECOME AWARE OF THEM AND ALWAYS BEFORE ANY ACTIONS INVOLVING THE POTENTIAL CONFLICT ARE TAKEN. SUBMIT A SIGNED, WRITTEN STATEMENT DISCLOSING ALL THE MATERIAL FACTS TO THE BOARD CHAIR. 2. YOU MUST FILE AN ANNUAL DISCLOSURE STATEMENT IN THE FORM ATTACHED TO THIS POLICY. IF YOU ARE A DIRECTOR, YOU MUST ALSO FILE THIS STATEMENT PRIOR TO YOUR INITIAL ELECTION. SUBMIT THE FORM TO THE BOARD CHAIR. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS 1. AFTER THERE HAS BEEN DISCLOSURE OF A POTENTIAL CONFLICT AND AFTER GATHERING ANY RELEVANT INFORMATION FROM THE CONCERNED DIRECTOR, OFFICER OR KEY PERSON, THE BOARD CHAIR AND/OR EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THERE IS A CONFLICT OF INTEREST. THE DIRECTOR, OFFICER OR KEY PERSON MAY NOT BE PRESENT FOR DELIBERATION OR VOTE ON THE MATTER AND MUST NOT ATTEMPT TO IMPROPERLY INFLUENCE THE DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXISTS. 2. IN DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS, THE BOARD CHAIR AND/OR EXECUTIVE COMMITTEE SHALL CONSIDER WHETHER THE POTENTIAL CONFLICT OF INTEREST WOULD CAUSE A TRANSACTION ENTERED INTO BY THE CORPORATION TO RAISE QUESTIONS OF BIAS, INAPPROPRIATE USE OF THE CORPORATION'S ASSETS, OR ANY OTHER IMPROPRIETY. 3. A CONFLICT ALWAYS EXISTS IN THE CASE OF A RELATED PARTY TRANSACTION A TRANSACTION, AGREEMENT OR OTHER ARRANGEMENT IN WHICH A RELATED PARTY HAS A FINANCIAL INTEREST AND IN WHICH THE CORPORATION OR ANY AFFILIATE OF THE CORPORATION IS A PARTICIPANT. 4. IF THE BOARD CHAIR AND/OR EXECUTIVE COMMITTEE DETERMINES THAT THERE IS A CONFLICT OF INTEREST, IT SHALL REFER THE MATTER TO THE BOARD OF DIRECTORS ("BOARD"). PROCEDURES FOR ADDRESSING A CONFLICT OF INTEREST 1. WHEN A MATTER INVOLVING A CONFLICT OF INTEREST COMES BEFORE THE BOARD, THE BOARD MAY SEEK INFORMATION FROM THE DIRECTOR, OFFICER OR KEY PERSON WITH THE CONFLICT PRIOR TO BEGINNING DELIBERATION AND REACHING A DECISION ON THE MATTER. HOWEVER, A CONFLICTED PERSON SHALL NOT BE PRESENT DURING THE DISCUSSION OR VOTE ON THE MATTER AND MUST NOT ATTEMPT TO IMPROPERLY INFLUENCE THE DELIBERATION OR VOTE. 2. ADDITIONAL PROCEDURES FOR ADDRESSING RELATED PARTY TRANSACTIONS A. THE CORPORATION MAY NOT ENTER INTO A RELATED PARTY TRANSACTION UNLESS, AFTER GOOD FAITH DISCLOSURE OF THE MATERIAL FACTS BY THE DIRECTOR, OFFICER OR KEY PERSON, THE BOARD OR A COMMITTEE AUTHORIZED BY THE BOARD DETERMINES THAT THE TRANSACTION IS FAIR, REASONABLE AND IN THE CORPORATION'S BEST INTEREST AT THE TIME OF SUCH DETERMINATION. B. IF THE RELATED PARTY HAS A SUBSTANTIAL FINANCIAL INTEREST, THE BOARD OR AUTHORIZED COMMITTEE SHALL: I. PRIOR TO ENTERING INTO THE TRANSACTION, CONSIDER ALTERNATIVE TRANSACTIONS TO THE EXTENT AVAILABLE; II. APPROVE THE TRANSACTION BY A VOTE OF NOT LESS THAN A MAJORITY OF THE DIRECTORS PRESENT AT THE MEETING; AND III. CONTEMPORANEOUSLY DOCUMENT IN WRITING THE BASIS FOR ITS APPROVAL, INCLUDING ITS CONSIDERATION OF ANY ALTERNATIVE TRANSACTIONS. MINUTES AND DOCUMENTATION THE MINUTES OF ANY BOARD MEETING AT WHICH A MATTER INVOLVING A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST WAS DISCUSSED OR VOTED UPON SHALL INCLUDE: A. THE NAME OF THE INTERESTED PARTY AND THE NATURE OF THE INTEREST; B. THE DECISION AS TO WHETHER THE INTEREST PRESENTED A CONFLICT OF INTEREST; C. ANY ALTERNATIVES TO A PROPOSED CONTRACT OR TRANSACTION CONSIDERED BY THE BOARD; AND D. IF THE TRANSACTION WAS APPROVED, THE BASIS FOR THE APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 PROCEDURES FOR DETERMINING COMPENSATION 1. NO PERSON SHALL BE PRESENT FOR OR PARTICIPATE IN BOARD OR COMMITTEE DISCUSSION OR VOTE PERTAINING TO: A. THEIR OWN COMPENSATION; B. THE COMPENSATION OF THEIR RELATIVE; C. THE COMPENSATION OF ANY PERSON WHO IS IN A POSITION TO DIRECT OR CONTROL THEM IN AN EMPLOYMENT RELATIONSHIP; D. THE COMPENSATION OF ANY PERSON WHO IS IN A POSITION TO DIRECTLY AFFECT THEIR FINANCIAL INTERESTS; OR E. ANY OTHER COMPENSATION DECISION FROM WHICH THE PERSON STANDS TO BENEFIT. 2. IN THE CASE OF COMPENSATION OF KEY PERSONS, THE FOLLOWING ADDITIONAL PROCEDURES APPLY: A. THE BOARD OR A COMMITTEE AUTHORIZED BY THE BOARD SHALL APPROVE COMPENSATION BEFORE IT IS PAID. B. THE BOARD OR AUTHORIZED COMMITTEE SHALL BASE APPROVAL OF COMPENSATION ON APPROPRIATE DATA, INCLUDING COMPENSATION PAID BY COMPARABLE ORGANIZATIONS (THREE ARE SUFFICIENT IF THE CORPORATION'S INCOME IS LESS THAN $1,000,000) FOR FUNCTIONALLY SIMILAR POSITIONS, AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE CORPORATION, AND COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS. C. THE BOARD OR AUTHORIZED COMMITTEE SHALL CONTEMPORANEOUSLY DOCUMENT: I. THE TERMS OF COMPENSATION AND DATE OF DETERMINATION; II. THE MEMBERS OF THE BOARD OR COMMITTEE WHO WERE PRESENT AND THOSE WHO VOTED FOR IT; III. THE COMPARABILITY DATA RELIED ON AND HOW IT WAS OBTAINED; IV. IF THE COMPENSATION IS HIGHER OR LOWER THAN THE RANGE OF COMPARABLE DATA, THE BASIS FOR THE DETERMINATION, AND; V. ANY ACTIONS WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE ON THE BOARD OR COMMITTEE WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE MATTER. COMPENSATION WAS LAST REVIEWED IN AUGUST 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E RACE GENERAL COSTS: PROGRAM SERVICE EXPENSES 150,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 150,496. VOLUNTEERS: PROGRAM SERVICE EXPENSES 106,260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,260. EXPO BOOTHS: PROGRAM SERVICE EXPENSES 76,498. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,498. VIP EXPENSES: PROGRAM SERVICE EXPENSES 73,364. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,364. OTHER RACE EXPENSES: PROGRAM SERVICE EXPENSES 70,120. MANAGEMENT AND GENERAL EXPENSES 148. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,268. HOSPITALITY: PROGRAM SERVICE EXPENSES 55,331. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,331. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.