The Great Race Inc
- Assets
- $28.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Auburn, NY
- Founding
- 04/2017
- Data as of
- 12/2023
- EIN
- 16-1277336
Organization Overview
The Great Race Inc is located in Auburn, NY. The organization was established in 2017. 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. Great Race Inc 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 12/2023, Great Race Inc generated $53.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $47.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) 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
TO RUN A RACE FOR THE COMMUNITY AND USE PROCEEDS TO MAKE DONATIONS TO CHARITIES IN THE LOCAL COMMUNITY AS WELL AS PROVIDE SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Kelly Director | 1 | $0 | |
John Dalziel Vice Preside | 1 | $0 | |
Janna Rodriguez Secretary | 1 | $0 | |
Ryan Ringwood Treasurer | 1 | $0 | |
Chris Porten Director | 1 | $0 | |
Jim Hanley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,250 |
| Total Program Service Revenue | $35,393 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $700 |
| Total Revenue | $53,343 |
| 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 | $9,242 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,676 |
| Total expenses | $47,918 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,207 |
| Other assets | $0 |
| Total assets | $28,207 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,207 |