Motorcycle Safety League Of Virginia Inc
- Assets
- $770.3k
- Revenue
- $431.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Ashland, VA
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 54-1255996
Organization Overview
Motorcycle Safety League Of Virginia Inc is located in Ashland, VA. The organization was established in 1984. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2021, Motorcycle Safety League Of Virginia Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motorcycle Safety League Of Virginia 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 12/2021, Motorcycle Safety League Of Virginia Inc generated $431.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $386.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PARTIALLY ADMINISTER THE VA RIDER TRAINING PROGRAM, TRAINING AND REVIEWING INSTRUCTORS AND SUPPLYING EQUIPMENT TO ENSURE THE HIGHEST QUALITY OF EDUCATION FOR NOVICE TO EXPERIENCED RIDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INSTRUCTOR TRAINING AND CURRICULUM SUPPORT SERVICE TO STATE MOTORCYCLE PROGRAMS AND THREE-WHEEL TRAINING SITES ACROSS THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cundiff H Simmons President | OfficerTrustee | 40 | $78,120 |
Fred W Austin CEO | Trustee | 40 | $71,140 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,091 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,091 |
| Total Program Service Revenue | $3,672 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $346,561 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $431,324 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,260 |
| Compensation of current officers, directors, key employees. | $67,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,067 |
| Pension plan accruals and contributions | $7,213 |
| Other employee benefits | $0 |
| Payroll taxes | $13,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,574 |
| Advertising and promotion | $3,875 |
| Office expenses | $2,931 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,122 |
| Travel | $3,549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,786 |
| Insurance | $13,890 |
| All other expenses | $3,477 |
| Total functional expenses | $386,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $658,001 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,377 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $48,686 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $57,186 |
| Other assets | $0 |
| Total assets | $770,250 |
| Accounts payable and accrued expenses | $1,206 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,206 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $769,044 |
| Total liabilities and net assets/fund balances | $770,250 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Insurance Institute For Highway Safety Arlington, VA | $62,581,399 | $30,892,913 |
Automotive Coalition For Traffic Sa Fety Inc Leesburg, VA | $7,189,891 | $14,804,411 |
American Traffic Safety Services Assoc Inc Fredericksburg, VA | $15,180,268 | $8,818,535 |
Governors Highway Safety Association Ghsa Washington, DC | $9,639,746 | $5,191,852 |
Center For Auto Safety Inc Washington, DC | $1,103,032 | $328,420 |
Partners For Automated Vehicle Education Inc Mclean, VA | $408,482 | $679,051 |
Car Care Council Inc Bethesda, MD | $15,598,726 | $6,676,072 |
Roadway Safety Foundation Washington, DC | $649,744 | $504,112 |
Aded Inc Hickory, NC | $680,720 | $505,059 |
Motorcycle Safety League Of Virginia Inc Ashland, VA | $770,250 | $431,324 |
Auto Glass Safety Council Inc Garrisonville, VA | $209,996 | $238,026 |
The Crash Foundation Washington, DC | $356,320 | $265,026 |