2025-02-25T21:45:05-07:00 2024-04-30 990 2023-05-01 112692076 PROSPECT PARK TRACK CLUB INC PROS 3479277825 PO Box 150658 Brooklyn NY 112150658 Douglas Olney Treasurer 3479277825 2025-02-25 1 2023 2025-03-06 01:10:19Z Crystal Cun PO Box 150658 Brooklyn NY 11215 415639 0 X www.pptc.org X 1970 NY Encourage and promote the sport of running and race-walking for competition, health and recreation; to support athletes to participate at national/international competitions; to fund raise for various running/walking and community-related organizations that support the sport; to assist in efforts to conserve, enhance and protect the recreational areas where many of these sporting events are conducted. 9 0 0 750 0 0 62747 92521 231471 260131 66 2379 -1026 17940 293258 372971 36648 36715 0 0 0 0 0 0 0 283377 269470 320025 306185 -26767 66786 278096 268784 76143 45 201953 268739 Encourage and promote the sport of running and race-walking for competition, health and recreation; to support athletes to participate at national/international competitions; to fund raise for various running/walking and community-related organizations that support the sport; to assist in efforts to conserve, enhance and protect the recreational areas where many of these sporting events are conducted. 0 0 148458 0 245467 Promotion of running races open to the general public to foster athletic competition in Brooklyn: Turkey Trot 5M, PPTC Endurance Fest, Cherry Tree 10M, Al Goldstein 5K Speed Series (6,883 participants). Includes $2,150 in expenses for race course measurement and certification. 28890 28890 27996 Direct fundraising initiatives targeted at the participants of PPTC running races to support the following Brooklyn, NY local organizations: American Indian Community House; Workers Justice Project; Knock Knock Give A Sock; Free to Run; People In Need; Prospect Park Alliance 8767 0 5781 Support provided to local athletes at non-PPTC athletic events involving international competition. 6000 6000 0 PPTC Grants Program to provide financial support to educational programs, after-school programs and charities that promote running and fitness primarily in Brooklyn, NY. 8300 0 8883 Provision of coached running and strength training workouts for PPTC member athletes to improve running performance and to compete in local, national and international athletic competitions. 825 825 0 PPTC Race Assistance Fund to provide financial support to PPTC members to participate in athletic events. (5 grants) 1000 0 0 Sponsorship of Runner Safety Awareness Week. 16125 6825 8883 202240 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X Benjamin Kuykendall 3479277825 PO Box 150658 Brooklyn NY 112150658 Eva Barnett Director 10 0 X 0 0 0 David Coleman Director 10 0 X 0 0 0 Amit Dubey Director 10 0 X 0 0 0 Danielle Fagenblat Director 10 0 X 0 0 0 Janice Fuld Director 10 0 X 0 0 0 Crystal Cun President 20 0 X 0 0 0 Linda Chan Vice President 20 0 X 0 0 0 Douglas Olney Treasurer 20 0 X 0 0 0 Katie Claiborne Secretary 10 0 X 0 0 0 0 0 0 0 0 0 0 0 0 54475 27996 0 0 10050 0 92521 Running Races open to the general public 711320 245467 245467 0 0 Coached running and strength training programs 611620 8883 8883 0 0 Support provided to PPTC members and general public at athletic events 485510 5781 5781 0 0 0 0 0 0 260131 2379 2379 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27996 45209 42668 2541 2541 0 0 PPTC Social Committee events 900099 12841 12841 0 0 2558 2558 0 0 15399 372971 280450 0 0 X 35890 35890 825 825 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3805 0 3805 0 0 0 0 0 0 0 0 0 0 0 16650 10450 6200 0 2673 0 2673 0 9020 0 9020 0 6570 0 6570 0 0 0 0 0 6127 0 6127 0 49 0 49 0 0 0 0 0 32884 0 32884 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Road Race Promotional Expenses 146308 146308 0 0 Support provided to athletes at non-PPTC events 8767 8767 0 0 RRCA annual dues 11503 0 11503 0 Race/Event volunteer items 14182 0 14182 0 10932 0 10932 0 306185 202240 103945 0 43438 46269 146864 109222 0 0 0 0 0 0 0 0 0 87794 113293 0 0 0 0 0 0 0 0 0 0 0 278096 268784 76143 45 0 0 0 0 0 0 0 76143 45 X 0 0 0 0 201953 268739 201953 268739 278096 268784 66786 0 0 0 0 0 X X 0 0 0 X 32427 40549 54296 62747 92521 282540 235143 65577 215207 289009 318181 1123117 0 0 0 0 1500 1500 0 0 0 0 0 0 0 0 0 0 0 0 267570 106126 269503 351756 412202 1407157 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1407157 61 71 31 65 2379 2607 0 0 0 0 0 0 61 71 31 65 2379 2607 0 0 0 0 0 0 0 0 0 0 1059 1059 267631 106197 269534 351821 415640 1410823 0.99740 0.99978 0.00185 0.00022 X Schedule A, Part III, Line 12 Reimbursement for erroneous payment ($1,000); Class action settlement received ($59) Turkey Trot Race for Reconciliation 135722 21174 114548 0 0 6750 0 0 60861 Al Goldstein Speed Series 72784 4888 67896 0 0 0 0 0 33077 1 46776 1934 44842 525 0 3950 811 0 28605 255282 27996 227286 525 0 10700 811 0 122543 134579 92707 1 American Indian Community House 275 Madison Avenue Suite 2014 New York NY 10016 237088777 501(c)3 22000 0 To support the activities of the American Indian Community House (AICH) whose mission is to improve and promote the well-being of the American Indian Community and to increase the visibility of American Indian cultures in an urban setting in order to cultivate awareness, understanding and respect. AICH is a 501(c)(3) not-for-profit organization serving the needs of Native Americans residing in New York City 8 2 Schedule I, Part I, Line 2 As part of the annual PPTC Turkey Trot: Race for Reconciliation on Thanksgiving Day, for the second consecutive year the event included a special fundraising initiative to support the American Indian Community House. The event directors met directly with the organization's leadership prior to being designated as the recipient. The event directors can monitor the activities of the American Indian Community House at any time through accessing their website. Danielle Fagenblat Director 255 PPTC Race Assistance Fund Payment of entry fees for members experiencing financial hardship Will Ngo Vice President 155 PPTC Race Assistance Fund Payment of entry fees for members experiencing financial hardship Evy Barnett Director 160 PPTC Race Assistance Fund Payment of entry fees for members experiencing financial hardship Form 990, Part VI, Section A, Line 6 As of April 2024, the Prospect Park Track club had 2,359 active members in good standing. Form 990, Part VI, Section A, Line 7a All Prospect Park Track Club members in good standing at the time annual elections are conducted may vote for candidates running for positions on the Board of Directors and Officers. Form 990, Part VI, Section A, Line 7b Prospect Park Track Club members are entitled to oversight of governing decisions by calling a special meeting of Members. A Special Meeting may be called at any time on the petition of 10 percent of the total number of members in good standing and entitled to vote. Such petition shall state the date, time and purpose of such meeting and be submitted to the Board, which shall cause the notice of such meeting to be communicated to all members. Form 990, Part VI, Section B, Line 11b The Treasurer maintains an electronic copy of the Form 990 filing in the official files. Officers and Directors are provided with a copy of the submitted Form 990. The Form 990 submission is available to any PPTC member upon request. Form 990, Part VI, Section B, Line 12c Officers and Directors annually file Conflict of Interest forms with the Club Secretary. The Secretary will notify other members of the Board of any situations that may affect the governance of the Club. The Board is responsible for addressing all Conflict of Interest issues. Form 990, Part VI, Section C, Line 19 Governing documents and other policies are available to the public on the PPTC website. Meeting minutes and other financial documents are available to PPTC members on the PPTC website. Other documents are available upon request. Form 990, Part IX, Line 11g Program services: Speed workout coaching, $5,000; Strength training, $3,300; Race course measurement and certification, $2,150. Management services: Diversity consulting, $3,700; DEI assessment, $2,500. Form 990, Part XII, Line 1 To better conform with Generally Accepted Accounting Principles, PPTC has converted from strictly cash accounting. Clothing inventory is established as an asset. Cost of Goods Sold is based on actual inventory sales.