Kaw Valley Race Group Inc
- Assets
- $48.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenexa, KS
- Founding
- 12/1993
- Data as of
- 12/2023
- EIN
- 48-1103470
Organization Overview
Kaw Valley Race Group Inc is located in Lenexa, KS. The organization was established in 1993. According to its NTEE Classification (R99) the organization is classified as: Civil Rights, Social Action & Advocacy N.E.C., under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaw Valley Race Group Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Kaw Valley Race Group Inc generated $93.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $91.0k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
THE ORGANIZATION CONDUCTS AMATEUR RACING EVENTS AND PARTICIPATES IN OTHER SPORTS CAR EVENTS AND SOCIAL GATHERINGS OF MEMBERS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Prather President | 0 | $0 | |
Bill Johnson Board Member | 0 | $0 | |
Chris Kern Board Member | 0 | $0 | |
Bob Henson Board Member | 0 | $0 | |
Adam Pessetto Treasurer | 0 | $0 | |
James Cahill Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $93,183 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16 |
| Total Revenue | $93,208 |
| 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 | $765 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,187 |
| Total expenses | $90,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,755 |
| Other assets | $0 |
| Total assets | $48,755 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,755 |