Motor Racing Outreach
- Assets
- $624.7k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NC
- Founding
- 07/1997
- Data as of
- 12/2021
- EIN
- 58-1859610
Organization Overview
Motor Racing Outreach is located in Concord, NC. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motor Racing Outreach 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, Motor Racing Outreach generated $1.4m 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 (3.0%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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
TO INTRODUCE THE RACING COMMUNITY TO A PERSONAL FAITH IN CHRIST, GROWTH IN CHRIST-LIKENESS,AND ACTIVE INVOLVEMENT IN CHURCH THROUGH RELATIONSHIPS THAT PROVIDE CARE IN TIMES OF STRESS,KNOWLEDGE OF GOD'S WORD, AND ASSISTANCE IN DEVELOPMENT OF LEADERSHIP SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPLAINCY 2021 PROVIDED 95 CHAPEL SERVICES AND PASTORAL CARE TO A COMMUNITY OF 3000. MEDIA CHAPEL, ONLINE CHAPEL, GEM THEATRE CHAPEL, AT TRACK BIBLE STUDIES WERE ALSO ORGANIZED AND ATTENDED AS WELL AS SHOP STUDIES AND HOME MINISTRY BIBLE STUDIES.
COMMUNITY CENTER 2021 PROVIDED SERVICES FOR 76 CHILDREN AT 10 NASCAR RACES. CHILDREN, FAMILIES AND COMMUNITY PROGRAMS AND SPECIAL EVENTS WERE OFFERED TO RACE DRIVERS, MEDIA, CREW MEMBERS AND COACH DRIVERS.
MROA 2021- CONDUCTS REGULAR MINISTRY TRAINING SEMINARS WHERE SUCH ISSUES AS PHILOSOPHY OF MINISTRY,EVANGELISM,TRAUMA,STEWARDSHIP AND TRACK AND CORPORATE RELATIONS ARE DISCUSSED AND ADDRESSED. PARTICIPATION IN MROA BEGINS WITH ATTENDANCE AT ONE OF THESE SEMINARS. FOR 2021, THE SEMINAR WAS HELD IN PHOENIX ARIZONA AND WE HAD 20 MEMBERS TO ATTEND. MROA MEMBERSHIP HAS TWO LEVELS, A PARTNER OR ASSOCIATE LEVEL DEPENDING ON THE LEVEL OF MINISTRY NEEDS. IN 2021, WE HAD 36 ASSOCIATE MEMBERS .
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Mauldin Jr President | OfficerTrustee | 40 | $129,656 |
Darrell Waltrip Chairman | OfficerTrustee | 1 | $0 |
John Siefker Vice Chair | OfficerTrustee | 1 | $0 |
Marcus Smith Director | Trustee | 1 | $0 |
Phil Parsons Director | Trustee | 0.5 | $0 |
Bobby Labonte Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,080 |
| Fundraising events | $97,005 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,107,003 |
| Noncash contributions included in lines 1a–1f | $1,050 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,211,088 |
| Total Program Service Revenue | $540 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $147,483 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,359,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $79,106 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,089 |
| Compensation of current officers, directors, key employees. | $55,235 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $633,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $158,284 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,022 |
| Advertising and promotion | $260 |
| Office expenses | $30,335 |
| Information technology | $11,005 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $97,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,537 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,341 |
| Insurance | $21,543 |
| All other expenses | $29,197 |
| Total functional expenses | $1,488,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $562,689 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $26,185 |
| Net Land, buildings, and equipment | $35,820 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $624,694 |
| Accounts payable and accrued expenses | $28,938 |
| 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 | $315,499 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $344,437 |
| Net assets without donor restrictions | $206,962 |
| Net assets with donor restrictions | $73,295 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $624,694 |
Grants Awarded
Over the last fiscal year, Motor Racing Outreach has awarded $66,621 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Oklahoma City, OK PURPOSE: Operating Support | $41,600 |
Dulles, VA PURPOSE: Operating Support | $20,000 |
Conover, NC PURPOSE: Operating Support | $5,021 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Motor Racing Outreach has recieved totaling $11,921.
| Awarding Organization | Amount |
|---|---|
Evernham Family-Racing For A Reason Foundation Mooresville, NC PURPOSE: CONTRIBUTION | $8,000 |
West Coast Stock Car Hall Of Fame Danville, CA PURPOSE: GENERAL SUPPORT | $2,500 |
Sempra Energy Foundation San Diego, CA PURPOSE: HEALTH & HUMAN SERVICES | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $421 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
South Carolina Christian Foundation Spartanburg, SC | $40,412,678 | $17,223,785 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |