Porsche Club Of America-Allegheny Regio
- Assets
- $196.0k
- Revenue
- $356.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Allison Park, PA
- Founding
- 10/1996
- Data as of
- 12/2022
- EIN
- 25-1565059
Organization Overview
Porsche Club Of America-Allegheny Regio is located in Allison Park, PA. The organization was established in 1996. 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. Porsche Club Of America-Allegheny Regio is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Porsche Club Of America-Allegheny Regio generated $356.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $326.8k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SAFETY ON ROADS BY ENCOURAGEMENT OF AND INSTRUCTION IN SAFE DRIVING TECHNIQUES DRIVER TRAINING IS OFFERED IN SEVERAL FORMATS
Describe the Organization's Program Activity:
Part 3 - Line 4a
A TOTAL OF 384 PARTICIPANTS WERE INVOLVED IN THREE DRIVING SCHOOL EVENTS. THE PURPOSE OF THE DRIVER TRAINING IS TO TEACH SAFE DRIVING TECHNIQUES THAT BENEFIT BOTH THE STUDENT AND OTHER HIGHWAY USERS BY IMPROVING THE LEVEL OF SKILL AND ENHANCING THE STUDENT'S RESPECT FOR OTHER USERS OF THE HIGHWAYS. BOTH ACTIVE AND PASSIVE INSTRUCTION ARE PROVIDED; ACTIVE INSTRUCTION IS ONLY PROVIDED IN CONTROLLED ENVIRONMENTS ON PRIVATE PROPERTY WHERE ACCESS CAN BE RESTRICTED TO THE PARTICIPANTS. INSTRUCTION IS PROVIDED BY VOLUNTEERS WHO ARE MEMBERS OF THE ORGANIZATION.
FUNDRAISING EVENTS TO RAISE MONEY FOR THE PITTSBURGH VINTAGE GRAND PRIX, A 501(C)(3). THROUGH THE PARTICIPATION OF THE ORGANIZATION, WE ARE ABLE TO RAISE SIGNIFICANT FUNDS FOR THE PITTSBURGH VINTAGE GRAND PRIX. ALL EVENTS ARE ORGANIZED AND MANAGED BY VOLUNTEER MEMBERS
EXPAND DRIVER EDUCATION AND MEMBER OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drake Core Vice President | Officer | 10 | $0 |
Gus Vasilakis President | Officer | 10 | $0 |
Thomas Uehling Treasurer | Officer | 10 | $0 |
Timothy Gustafson Secretary | Officer | 10 | $0 |
Ed Rice Past President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,373 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,339 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,712 |
| Total Program Service Revenue | $333,414 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,530 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $356,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,899 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,133 |
| Advertising and promotion | $0 |
| Office expenses | $30,845 |
| Information technology | $1,339 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $576 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,800 |
| All other expenses | $28,011 |
| Total functional expenses | $326,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,965 |
| Savings and temporary cash investments | $100,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $195,975 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $195,975 |
| Total liabilities and net assets/fund balances | $195,975 |
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