Racers Emergency Support Program Inc
- Assets
- $317.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gresham, OR
- Founding
- 07/1994
- Data as of
- 12/2022
- EIN
- 33-0384251
Organization Overview
Racers Emergency Support Program Inc is located in Gresham, OR. 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 12/2022, Racers Emergency Support Program Inc generated $44.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $37.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 8 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debi Julius President & CEO | 1 | $0 | |
Laura Winslett Secretary | 1 | $0 | |
Dewanna Kirkland Vice President | 1 | $0 | |
Shauntel Winslett Director | 1 | $0 | |
Sue Heidemann Director | 1 | $0 | |
Beverly Stokes Treasurer & CFO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,832 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,780 |
| Investment income | $227 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,639 |
| Other Revenue | $1,329 |
| Total Revenue | $44,807 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,294 |
| Other expenses | $32,035 |
| Total expenses | $37,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,457 |
| Other assets | $0 |
| Total assets | $317,457 |
| Total liabilities | $3,098 |
| Net assets or fund balances | $314,359 |
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