Racers Emergency Support Program Inc is located in Anthem, AZ. The organization was established in 1994. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racers Emergency Support Program Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Racers Emergency Support Program Inc generated $63.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $55.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AMOUNTS EXPENDED FOR FINANCIAL AID TO RACERS, CREW MEMBERS, OR FAMILY MEMBERS INJURED OR KILLED WHILE DRAG BOAT RACING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Winslett Secretary | 1 | $0 | |
Debi Julius President & CEO | 1 | $0 | |
Shauntel Winslett Director | 1 | $0 | |
Dewanna Kirkland Vice President | 1 | $0 | |
Sue Heidemann Director | 1 | $0 | |
Beverly Stokes Treasurer & CFO | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,383 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,900 |
| Investment income | $10,899 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,814 |
| Other Revenue | $1,181 |
| Total Revenue | $63,177 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,658 |
| Other expenses | $47,795 |
| Total expenses | $55,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $325,280 |
| Other assets | $0 |
| Total assets | $325,280 |
| Total liabilities | $2,739 |
| Net assets or fund balances | $322,541 |