Sheyenne River Speedway is located in Lisbon, ND. The organization was established in 2014. 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. Sheyenne River Speedway 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, Sheyenne River Speedway generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (62.8%) each year. All expenses for the organization totaled $348.0 during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (77.6%) per year over the past 4 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
2020
Describe the Organization's Program Activity:
Part 3
SHEYENNE RIVER SPEEDWAY RAISES MONEY FOR IMPROVEMENT PROJECTSAT SHEYENNE SPEEDWAY IN LISBON, ND.
SHEYENNE RIVER SPEEDWAY RAISES MONEY FOR IMPROVEMENT PROJECTSAT SHEYENNE SPEEDWAY IN LISBON, ND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Macdonald President | 8 | $0 | |
Dawn Macdonald Treasurer | 0.25 | $0 | |
Le Carlblom Secretary | 0.1 | $0 | |
Scott Carlblom Vice President | 0.1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,005 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$491 |
Other Revenue | $0 |
Total Revenue | $2,514 |
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 | $157 |
Printing, publications, postage, and shipping | $56 |
Other expenses | $135 |
Total expenses | $348 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,582 |
Other assets | $0 |
Total assets | $3,582 |
Total liabilities | $0 |
Net assets or fund balances | $3,582 |
Over the last fiscal year, we have identified 2 grants that Sheyenne River Speedway has recieved totaling $40,007.
Awarding Organization | Amount |
---|---|
North Dakota Community Foundation Bismarck, ND PURPOSE: PROGRAM SUPPORT | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
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