North Carolina Auto Racing Hall Of Fame is located in Mooresville, NC. The organization was established in 1994. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Auto Racing Hall Of Fame 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 12/2022, North Carolina Auto Racing Hall Of Fame generated $128.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $84.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
STOCKS FOR TOTS FUNDRAISER TO SUPPORT PHAROS PARENTING WHOSE MISSION IS TO BUILD POSITIVE PARENTING SKILLS THROUGH TARGETED EDUCATION IN-HOME COACHING & SUPPORTIVE INTERVENTION PROGRAMS. TOTAL FUNDS DONATED IN 2022 WERE $11,300.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Don Miller Chairman | 20 | $0 | |
Cecile Ebert Vice Chairman | 1 | $0 | |
Bobby Allison Director | 1 | $0 | |
Ryan Newman Director | 1 | $0 | |
John Dodson Director | 1 | $0 | |
James Boyle Director CFO | 4 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $9,686 |
Interest on Savings | $1,017 |
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 | $76,511 |
Other Income | $41,198 |
Total Revenue | $128,412 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $10,430 |
Taxes | $0 |
Depreciation | $21,268 |
Occupancy | $13,144 |
Travel, conferences, and meetings | $270 |
Printing and publications | $0 |
Other expenses | $27,091 |
Total operating and administrative expenses | $72,717 |
Contributions, gifts, grants paid | $11,300 |
Total expenses and disbursements | $84,017 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $187,163 |
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 | $14,790 |
Prepaid expenses and deferred charges | $951 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $412,232 |
Other assets | $272,415 |
Total assets | $926,574 |
Accounts payable and accrued expenses | $15,582 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $168,087 |
Other liabilities | $0 |
Total liabilities | $183,669 |