Los Angeles Racing Dragons
- Assets
- $65.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Van Nuys, CA
- Founding
- 12/2002
- Data as of
- 12/2020
- EIN
- 33-0908177
Organization Overview
Los Angeles Racing Dragons is located in Van Nuys, CA. The organization was established in 2002. According to its NTEE Classification (N71) the organization is classified as: Olympics, 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. Los Angeles Racing Dragons 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 12/2020, Los Angeles Racing Dragons generated $26.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $21.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Yu Secretary | 15 | $0 | |
Dolores Covarrubias President | 10 | $0 | |
Diane Mccabe Finance Dire | 10 | $0 | |
Taylor Mar Coach | 20 | $0 | |
Leon Cheng Coach | 10 | $0 | |
Laurie Lawrence Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,454 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,459 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,063 |
| Total expenses | $21,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,540 |
| Other assets | $0 |
| Total assets | $65,540 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,540 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Los Angeles Racing Dragons has recieved totaling $555.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $555 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Naz Elite Inc Flagstaff, AZ | $22,418 | $813,294 |
California Rowing Club Oakland, CA | $2,120,229 | $319,693 |
Olympic Valley Freeride And Freestyle Team Olympic Valley, CA | $315,051 | $466,717 |
Usa Hockey Inc Scottsdale, AZ | $564,111 | $348,237 |
San Diego Exploratory Foundation San Diego, CA | $0 | $2,851 |
Usa Track & Field Inc Scottsdale, AZ | $101,727 | $0 |
Usa Track & Field Inc Folsom, CA | $697,776 | $112,150 |
Skating Club Of San Francisco Inc San Francisco, CA | $146,614 | $0 |
Columbia Gorge Racing Association Portland, OR | $151,220 | $0 |
Xc Oregon Bend, OR | $207,763 | $0 |
Mile High Volleyball Club Lake Arrowhead, CA | $10,977 | $0 |
La Velodrome Racing Association Carson, CA | $44,854 | $0 |