Grab My Wheel Inc
- Assets
- $14.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 03/2007
- Data as of
- 12/2021
- EIN
- 20-5615564
Organization Overview
Grab My Wheel Inc is located in Raleigh, NC. The organization was established in 2007. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grab My Wheel 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 12/2021, Grab My Wheel Inc generated $79.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $76.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE MAIN FUNDRAISING EVENT IS LE TOUR DE FEMME WHICH ISA WOMENS ONLY BIKE RIDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Hamner Jr President | 10 | $0 | |
Dave Goodall Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,118 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,118 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $787 |
| Printing, publications, postage, and shipping | $161 |
| Other expenses | $16,821 |
| Total expenses | $76,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,172 |
| Other assets | $0 |
| Total assets | $14,886 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,886 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grab My Wheel Inc has recieved totaling $6,156.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,140 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Wine Auction Nashville, TN | $1,455,016 | $3,050,154 |
South Carolina Medical Association Foundation Columbia, SC | $2,934,149 | $977,722 |
Regenmed Development Organization Winstonsalem, NC | $1,918,667 | $1,082,279 |
T J Martell Foundation Nashville, TN | $1,696,815 | $381,037 |
Fore Batten Foundation Chapel Hill, NC | $1,880,374 | $1,570,342 |
Isakson Initiative Inc Atlanta, GA | $1,622,312 | $1,140,837 |
Paula Takacs Foundation For Sarcoma Research Weddington, NC | $577,201 | $617,474 |
A Cure In Sight Raleigh, NC | $90,213 | $324,456 |
Herbert Kosten Pancreatic Cancer Charitable Fund Memphis, TN | $314,081 | $160,097 |
Challenge To Conquer Cancer Greenville, SC | $15,012 | $206,385 |
Megs Smile Foundation Inc Holly Springs, NC | $388,009 | $280,550 |
Champ Foundation Durham, NC | $431,396 | $187,225 |