Grand Prix Foundation Of Long Beach Inc
- Assets
- $70.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 08/1991
- Data as of
- 06/2023
- EIN
- 33-0446818
Organization Overview
Grand Prix Foundation Of Long Beach Inc is located in Long Beach, CA. The organization was established in 1991. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Prix Foundation Of Long Beach 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 06/2023, Grand Prix Foundation Of Long Beach Inc generated $18.6k 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 (20.6%) each year. All expenses for the organization totaled $31.8k during the year ending 06/2023. 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
THROUGH SPONSORSHIP AND DIRECT FUNDRAISING EVENTS, THE ORGANIZATION PROVIDED GRANTS TO QUALIFIED CHARITABLE PUBLIC BENEFITS NON-PROFIT CORPORATIONS BASED IN THE CITY OF LONG BEACH OR CONNECTED TO AUTO RACING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Duree President | 20 | $0 | |
Valerie DE Martino Secretary | 2 | $0 | |
Harry Saltzgaver Treasurer | 2 | $0 | |
Matt Fischer Director | 2 | $0 | |
Dede Rossi Director | 2 | $0 | |
Jim Michaelian Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,593 |
| Other Revenue | $0 |
| Total Revenue | $18,593 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $456 |
| Total expenses | $31,756 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,611 |
| Other assets | $0 |
| Total assets | $70,611 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,611 |