Racing2learn
- Assets
- $185.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- Data as of
- 12/2022
- 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 12/2022, Racing2learn generated $26.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.9%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
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 | $1,060 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $192 |
| Gain or Loss | $25,111 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,363 |
| 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 | $485 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4 |
| Other expenses | $3,391 |
| Total expenses | $3,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,350 |
| Other assets | $0 |
| Total assets | $185,350 |
| Total liabilities | $11,545 |
| Net assets or fund balances | $173,805 |