Driving Challenge Foundation
- Assets
- $0.0
- Revenue
- $7.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lucasville, OH
- Founding
- 06/2014
- Data as of
- 12/2020
- EIN
- 46-2565320
Organization Overview
Driving Challenge Foundation is located in Lucasville, OH. The organization was established in 2014. According to its NTEE Classification (N69) the organization is classified as: Equestrian, 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. Driving Challenge Foundation 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 12/2020, Driving Challenge Foundation generated $7.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $12.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Smith President/executive Direct | 1 | $0 | |
Beth B Jones Chairperson | 1 | $0 | |
Barbara Dunham Treasurer And Secretary | 2 | $0 | |
Steven Denjem Director | 1 | $0 | |
Steven Shrock Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $117 |
| Other expenses | $1,419 |
| Total operating and administrative expenses | $2,331 |
| Contributions, gifts, grants paid | $9,858 |
| Total expenses and disbursements | $12,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Driving Challenge Foundation has awarded $9,858 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
INDIVIDUALS PARTICIPATING AND ATTEN PURPOSE: ASSISTANCE AND AWARDS TO INDIVIDUALS WHO DEMONSTRATE A COMMITMENT TO AND PARTICIPATION IN THE HACKNEY HORSE INDUSTRY. | $8,100 |
RIVER RIDGE RIDING ACADEMY PURPOSE: GENERAL CONTRIBUTION TO DISBURSE REMAINING FUNDS | $1,758 |