Racetrack Ministry
- Assets
- $74.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, NH
- Founding
- 08/1988
- Data as of
- 12/2022
- EIN
- 22-2880458
Organization Overview
Racetrack Ministry is located in Salem, NH. The organization was established in 1988. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Racetrack Ministry 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, Racetrack Ministry generated $40.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $28.4k 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
OUTREACH - SOCIAL WELFARE TO AID LOW INCOME FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee Alphen President | 25 | $0 | |
Jim Frahm Director | 0 | $0 | |
Linda Fournier Director | 0 | $0 | |
Peter Klecan Treasurer | 0 | $0 | |
Ann Halloran Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $923 |
| Total Program Service Revenue | $39,657 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,611 |
| 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 | $1,949 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $69 |
| Other expenses | $26,342 |
| Total expenses | $28,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,743 |
| Other assets | $0 |
| Total assets | $74,743 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,743 |