Nonprofit · EIN 04-2676136
FALMOUTH ROAD RACE INC
Tax-exempt · FALMOUTH, MA 02540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $3,017,203 | $3,005,375 | $11,828 | $2,039,458 | $1,237,088 | $802,370 |
| March 31, 2024 | 990 | $2,634,924 | $2,525,070 | $109,854 | $1,853,341 | $1,062,799 | $790,542 |
| March 31, 2022 | 990 | $1,811,771 | $1,686,087 | $125,684 | $1,539,908 | $896,734 | $643,174 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $1,051,861
- Program service revenue
- $1,859,607
- Investment income
- $63,867
- Net income from sales of inventory
- $41,868
- Other revenue
- $41,868
Expenses
- Grants and similar amounts paid
- $743,898
- Other salaries and wages
- $332,396
- Salaries, compensation and benefits (total)
- $368,438
- Professional fundraising fees
- $0
- Accounting fees
- $36,567
- Occupancy
- $307,254
- Travel
- $73,064
- Depreciation
- $18,715
- Program services (functional)
- $2,766,652
- Management and general (functional)
- $238,723
Balance sheet and other
- Total assets, start of year
- $1,853,341
- Total assets, end of year
- $2,039,458
- Total liabilities, end of year
- $1,237,088
- Net assets, end of year
- $802,370
- Land, buildings and equipment
- $44,604
- Net assets without donor restrictions
- $802,370
- Gross receipts
- $3,019,163
- Employees
- 4
- Year formed
- 1980
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER EDWARDS | EXECUTIVE DI Key employee | 40 | $151,964 |
| MEGAN FAULKNER | SPONSORSHIP Highest-paid employee | 40 | $104,354 |
| SCOTT GHELFI | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JULENE AUGUSTA | TREASURER Trustee or director, Officer | 2 | $0 |
| DONNA TOCCI | CLERK Trustee or director, Officer | 2 | $0 |
| ROBERT ANTONUCCI | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| CARL CAVOSSA | DIRECTOR Trustee or director | 1 | $0 |
| TRAVIS WATSON | DIRECTOR Trustee or director | 1 | $0 |
| JASON CULLINANE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended March 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT GHELFI | PRESIDENT Trustee or director, Officer | 10 | $0 |
| JULENE AUGUSTA | TREASURER Trustee or director, Officer | 1 | $0 |
| DONNA TOCCI | CLERK Trustee or director, Officer | 1 | $0 |
| ROBERT ANTONUCCI | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| CARL F CAVOSSA | DIRECTOR Trustee or director | 1 | $0 |
| TRAVIS WATSON | DIRECTOR Trustee or director | 1 | $0 |
| JASON CULLINANE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended March 31, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER EDWARDS | EXECUTIVE DI Officer | 40 | $100,400 |
| ROBERT ANTONUCCI | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| JULENE AUGUSTA | DIRECTOR Trustee or director | – | $0 |
| CARL F CAVOSSA | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| JEFF CUTTER | TREASURER Trustee or director, Officer | 2 | $0 |
| SCOTT GHELFI | PRESIDENT Trustee or director, Officer | 10 | $0 |
| GEOFF NICKERSON | CLERK Trustee or director, Officer | 1 | $0 |
| DONNA TOCCI | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 205 WORCESTER CT STE 4B, FALMOUTH, MA 02540-3920
- In care of
- % FALM
- Principal officer (990 for 2024)
- SCOTT GHELFI, 240 HILL AND PLAIN ROAD, EAST FALMOUTH, MA 02536
- Signed the 990
- SCOTT GHELFI, PRESIDENT
- Phone
- (508) 540-7000
- Website
- WWW.FALMOUTHROADRACE.COM
- Return prepared by
- SANDERS WALSH & EATON CPAS LLC
Mission
THE ORGANIZATION IS COMMITTED TO POSITIVELY IMPACTING INDIVIDUALS AND BUSINESSES IN THE TOWN OF FALMOUTH THROUGH CONSISTENT INVOLVEMENT WITH THE COMMUNITY AND ANNUAL PHILANTHROPIC GIVING. THE ORGANIZATION PROMOTES HEALTH AND FITNESS THROUGH COMMUNITY PROGRAMS AND IT'S ANNUAL ROAD RACE.
Program accomplishments
- THE ORGANIZATION PROMOTES AND RUNS THE ANNUAL FALMOUTH ROAD RACE, A WORLD CLASS EVENT. PROCEEDS ARE DONATED TO VARIOUS COMMUNITY AND SCHOOL ORGANIZATIONS IN AN ATTEMPT TO ADVANCE THE WELFARE OF ALL SPORTS IN GENERAL AND TRACK AND RUNNING IN PARTICULAR. NONSPORTS ORGANIZATIONS ALSO RECEIVE DONATIONS PROVIDING THEIR ORGANIZATION'S FUNCTION IS TO PROMOTE GOODWILL AND PROVIDES A SERVICE TO THE COMMUNITY OF FALMOUTH.Expenses $2,766,652 · grants $743,898 · revenue $1,901,475
- TO PROMOTE PUBLIC HEATH THROUGH PHILANTHROPY.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2676136
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N6XZ)
- Assets (IRS master file)
- $2,039,458
- Income (IRS master file)
- $3,019,163
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $3,017,203 | $3,005,375 | $2,039,458 | XML |
| 990 | March 2024 | $2,634,924 | $2,525,070 | $1,853,341 | XML |
| 990 | March 2023 | $2,526,898 | $2,489,384 | $1,579,423 | IRS |
| 990 | March 2022 | $1,811,771 | $1,686,087 | $1,539,908 | XML |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2676136).
Questions about FALMOUTH ROAD RACE INC
- What is the EIN of FALMOUTH ROAD RACE INC?
- The employer identification number (EIN) of FALMOUTH ROAD RACE INC is 04-2676136.
- Is FALMOUTH ROAD RACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to FALMOUTH ROAD RACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FALMOUTH ROAD RACE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FALMOUTH ROAD RACE INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FALMOUTH ROAD RACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of FALMOUTH ROAD RACE INC?
- The 990 for the year ended March 31, 2025 names SCOTT GHELFI.
- Who are the officers and directors of FALMOUTH ROAD RACE INC?
- The 990 for the year ended March 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $151,964 (JENNIFER EDWARDS, EXECUTIVE DI).
- How much revenue does FALMOUTH ROAD RACE INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $3,017,203, expenses of $3,005,375 and total assets of $2,039,458 at year end.
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All nonprofits in FALMOUTH · Massachusetts · Recreation and sports