Racing2learn
- Assets
- $206.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3942145
Organization Overview
Racing2learn is located in Mountain View, CA. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racing2learn 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, Racing2learn generated $106.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.4% each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO GET KIDS EXCITED ABOUT MATH AND SCIENCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Chang President | 8 | $0 | |
Christopher Lin Treasurer | 1 | $0 | |
Markus Adhiwiyogo Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $46,733 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,733 |
| 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 | $1,599 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $13 |
| Other expenses | $6,953 |
| Total expenses | $8,565 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,620 |
| Other assets | $0 |
| Total assets | $206,620 |
| Total liabilities | $8,565 |
| Net assets or fund balances | $198,055 |
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