International Conference Of Sports Car Clubs Inc
- Assets
- $143.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, WA
- Founding
- 06/1969
- Data as of
- 12/2023
- EIN
- 23-7025426
Organization Overview
International Conference Of Sports Car Clubs Inc is located in Monroe, WA. The organization was established in 1969. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. International Conference Of Sports Car Clubs Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, International Conference Of Sports Car Clubs Inc generated $112.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $112.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 9 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
IN 2023, 1,749 ENTRIES AND 17 RACES WERE HOSTED UNDER ICSCC COMPETITION REGULATIONS. DRIVER TRAINING EVENTS AND VARIOUS OTHER RACING EVENTS WERE ALSO HELD IN 2023. DRIVERS FROM THE MEMBERSHIP AND AFFILIATE CLUBS COMPETED FOR POINTS LEADING TO A CHAMPIONSHIP IN APPROXIMATELY 41 DIFFERENT RACE CLASSES IN RACES HELD AT TRACKS AROUND THE PACIFIC NORTHWEST. CAR CLASSIFICATIONS AND PREPARATION RULES ARE STRUCTURED TO ALLOW PARTICIPATION OF THE WIDEST POSSIBLE RANGE OF CARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Bostrom President | 2 | $0 | |
Duane Martinsen Vice Preside | 2 | $0 | |
Bill Ecker License Dire | 2 | $0 | |
Mike Tripp Vice Preside | 2 | $0 | |
Roldan DE Guzman Race Steward | 5 | $0 | |
Charles Hurley Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $112,456 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,477 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,001 |
| Other expenses | $109,801 |
| Total expenses | $112,352 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,700 |
| Other assets | $0 |
| Total assets | $143,675 |
| Total liabilities | $15,595 |
| Net assets or fund balances | $128,080 |