Racing Officials Accreditationprogram Inc
- Assets
- $118.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-4137857
Organization Overview
Racing Officials Accreditationprogram Inc is located in Lexington, KY. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racing Officials Accreditationprogram Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Racing Officials Accreditationprogram Inc generated $104.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $107.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Lamb Vice Chairman | 0.4 | $0 | |
Eric Hammelback Director | 0.4 | $0 | |
Wendy Davis Secretary | 0.4 | $0 | |
Kristin Werner Treasurer | 0.4 | $0 | |
Eddie Arroyo Director | 0.4 | $0 | |
Remi Bellocq Director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,500 |
| Total Program Service Revenue | $45,964 |
| Membership dues | $0 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,798 |
| Professional fees and other payments to independent contractors | $18,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,727 |
| Other expenses | $49,010 |
| Total expenses | $107,535 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,064 |
| Other assets | $0 |
| Total assets | $118,064 |
| Total liabilities | $0 |
| Net assets or fund balances | $118,064 |