Liberty Mountain Racing Team Inc
- Assets
- $123.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 04/1985
- Data as of
- 04/2024
- EIN
- 52-1379630
Organization Overview
Liberty Mountain Racing Team Inc is located in Washington, DC. The organization was established in 1985. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, 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. Liberty Mountain Racing Team 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 04/2024, Liberty Mountain Racing Team Inc generated $144.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $133.4k during the year ending 04/2024. While expenses have increased by 8.6% 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
2024
Describe the Organization's Program Activity:
Part 3
CONDUCTED RACE TRAINING FOR WINTER SKI SEASON OF 2023-2024.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chip Swisher Ex-President | 1 | $0 | |
Matt Supercynski Vice President | 1 | $0 | |
Kerstin Canby Treasurer | 1 | $0 | |
David Meiser President | 1 | $0 | |
Eric Niiler Secretary | 1 | $0 | |
Stephanie Inhat Tris West Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $86,256 |
| Membership dues | $57,468 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,764 |
| 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 | $103,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,264 |
| Total expenses | $133,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,091 |
| Other assets | $0 |
| Total assets | $123,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $123,091 |