Motorcycle Training Institute Ofocean County Inc
- Assets
- $912.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, NJ
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5122275
Organization Overview
Motorcycle Training Institute Ofocean County Inc is located in Lakewood, NJ. The organization was established in 2006. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motorcycle Training Institute Ofocean County 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 12/2022, Motorcycle Training Institute Ofocean County Inc generated $22.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $79.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
INSTRUCTION IN THE HARLEY-DAVIDSON RIDER'S EDGE NEW RIDER COURSE, A CUSTOMIZED FORM OF THE BASIC RIDER COURSE DEVELOPED BY THE MOTORCYCLE SAFETY FOUNDATION, THE ONLY NATIONALLY RECOGNIZED ENTRY LEVEL MOTORCYCLE RIDER TRAINING COURSE. THE COURSE IS FOR THE GENERAL SAFETY AND TRAINING FOR NEW MOTORCYCLE RIDERS AND MUST COMPLY WITH STRICT REQUIREMENTS OF NEW JERSEY LAW WHICH DICTATE CLASS SIZE, SCHEDULES, INSTRUCTOR QUALIFICATIONS, FACILITIES, EQUIPMENT, SIZE OF THE RANGE, AND NEARLY ALL FACTS OF THE COURSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asa G Murray President | 5 | $0 | |
Sandra J Murray Vp/treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,625 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,625 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,817 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,102 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,747 |
| Total expenses | $79,666 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $912 |
| Other assets | $0 |
| Total assets | $912 |
| Total liabilities | $97,505 |
| Net assets or fund balances | -$96,593 |