Ohio Valley Karting Association

Organization Overview

Ohio Valley Karting Association is located in Camden, OH. The organization was established in 1968. 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. Ohio Valley Karting Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Ohio Valley Karting Association generated $133.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $96.7k 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

TO PROVIDE GO KART RACING COMPETITION FOR MEMBERS AND TO PROMOTE RACING TO FAMILIES AND YOUNG ADULTS. COST ARE FOR ADVERTISING AND PROMO,AWARDS, DONATIONS, EMT EXPENSE, KID KART TROPHIES & AWARDS, LEGAL AND ACCOUNTING, MAINTENANCE REPAIR, MISC EXP, OFFICE SUPPLIES, PUBLICATIONS, RACE DAY TRACK EXP, SUPPLIES, BANQUET EXP, FUEL EXP, AND RACE DAY TRACK EXP. FOR THE 2018 SEASON ALL OF OUR RACES ARE HELD AT G&J KARTWAY IN CAMDEN OHIO. G&J KARTWAY OPENED 2 YEARS BEFORE OVKA WAS FOUNDED. AS A WKA MASTER TRACK, G&J HAS HOSTED NUMEROUS NATIONAL AND REGIONAL EVENTS OVER THE YEARS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$119,693
Membership dues$3,165
Investment income $1,548
Gain or Loss$0
Net Income from Gaming & Fundraising$9,534
Other Revenue$0
Total Revenue$133,940

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