Arizona Road Racers is located in Tucson, AZ. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur 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. Arizona Road Racers is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Arizona Road Racers generated $121.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $118.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. 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
PUTTING ON RACES IN THE PHOENIX AREA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Foote President | 10 | $0 | |
Norm Janoff Director | 10 | $0 | |
Hal Gensler Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,291 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,859 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $109,310 |
| Total Revenue | $121,460 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $14,564 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $101,212 |
| Total expenses | $118,205 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,144 |
| Other assets | $0 |
| Total assets | $132,327 |
| Total liabilities | $23,746 |
| Net assets or fund balances | $108,581 |