Specialty Vehicle Institute Of America
- Assets
- $6.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Irvine, CA
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 33-0044256
Organization Overview
Specialty Vehicle Institute Of America is located in Irvine, CA. The organization was established in 0000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Specialty Vehicle Institute Of America employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Specialty Vehicle Institute Of America is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Specialty Vehicle Institute Of America generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ATV SAFETY, HELP DEVELOP VEHICLE STANDARDS, AND CONDUCT PUBLIC INFORMATION AND EDUCATION PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGION OPERATIONS PROGRAM - THE OBJECTIVE OF THE REGION OPERATIONS PROGRAM IS TO PROVIDE DEALER AND INSTRUCTOR SUPPORT SERVICES TO FACILITATE ENROLLMENT IN A NATIONWIDE ATV RIDERCOURSE PROGRAM.
RIDER TRAINING PROGRAM - THE OBJECTIVE OF THE RIDER TRAINING PROGRAM IS TO PROMOTE AND FACILITATE ENROLLMENT IN A NATIONWIDE "HANDS ON" ATV RIDERCOURSE PROGRAM.
GOVERNMENT RELATIONS PROGRAM - THE OBJECTIVE OF THE GOVERNMENT RELATIONS PROGRAM IS TO MONITOR LEGISLATIVE AND REGULATORY MATTERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Colin Miller Chair | OfficerTrustee | 1 | $0 |
Chase Rastegar Trustee | Trustee | 1 | $0 |
Michael Mitchell Trustee | Trustee | 1 | $0 |
Landon Ball Secretary/treasurer | OfficerTrustee | 1 | $0 |
Russ Brenan Trustee | Trustee | 1 | $0 |
Ryan Stiver Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $248,990 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,990 |
| Total Program Service Revenue | $3,872,884 |
| Investment income | $38,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $11,977 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,175,254 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $161,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $129,112 |
| Other salaries and wages | $1,470,537 |
| Pension plan accruals and contributions | $96,624 |
| Other employee benefits | $306,548 |
| Payroll taxes | $113,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,130 |
| Fees for services: Accounting | $12,807 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $301,397 |
| Advertising and promotion | $3,768 |
| Office expenses | $20,859 |
| Information technology | $151,830 |
| Royalties | $0 |
| Occupancy | $75,099 |
| Travel | $9,827 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $855 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,217 |
| Insurance | $140,925 |
| All other expenses | $13,981 |
| Total functional expenses | $3,523,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,933,569 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $368,499 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,500,000 |
| Inventories for sale or use | $77,035 |
| Prepaid expenses and deferred charges | $165,720 |
| Net Land, buildings, and equipment | $274,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,319,758 |
| Accounts payable and accrued expenses | $285,378 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $338,314 |
| Total liabilities | $623,692 |
| Net assets without donor restrictions | $5,696,066 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,319,758 |
Grants Awarded
Over the last fiscal year, Specialty Vehicle Institute Of America has awarded $321,741 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE RIGHT RIDER ACCESS FUND PURPOSE: OFF HIGHWAY VEHICLE SAFETY SUPPORT | $230,000 |
OKLAHOMA 4H FOUNDATION PURPOSE: ATV SAFETY COURSES AND SAFETY INFORMATION | $91,741 |