Association Of Offical Racing Chemists Inc
- Assets
- $224.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Storrs, CT
- Founding
- 06/1973
- EIN
- 23-7296295
Organization Overview
Association Of Offical Racing Chemists Inc is located in Storrs, CT. The organization was established in 1973. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Association Of Offical Racing Chemists 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 undefined, Association Of Offical Racing Chemists Inc generated $40.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $29.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 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
Describe the Organization's Program Activity:
Part 3
ASSISTED RACING CHEMIST DOING TESTING IN THE RACING INDUSTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clive Pierce President | 1 | $0 | |
David Batty Vice Preside | 1 | $0 | |
James Scarth Treasurer | 1 | $0 | |
Dennis Hill Executive Di | 10 | $16,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,616 |
| Total Program Service Revenue | $782 |
| Membership dues | $0 |
| Investment income | $202 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,600 |
| Statement of Expenses | |
|---|---|
| Total expenses | $29,066 |
| Balance Sheet | |
|---|---|
| Total assets | $224,118 |
| Total liabilities | $0 |
| Net assets or fund balances | $224,118 |