Veteran Empowerment Through Motorsports Inc
- Assets
- $25.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Upper Arlington, OH
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 46-1521553
Organization Overview
Veteran Empowerment Through Motorsports Inc is located in Upper Arlington, OH. The organization was established in 2013. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veteran Empowerment Through Motorsports Inc 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 12/2021, Veteran Empowerment Through Motorsports Inc generated $54.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $36.2k during the year ending 12/2021. While expenses have increased by 0.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter A Cline CEO | 0 | $0 | |
Joe Bianco Lt Col Usmc President | 0 | $0 | |
Robert Dickey II Vice Preside | 0 | $0 | |
Stephanie Steve Secretary | 0 | $0 | |
Rick Rozzell Treasurer | 0 | $0 | |
Bernard L Willis Lt Col Usaf Ang Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,178 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,178 |
| 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 | $1,161 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,051 |
| Total expenses | $36,212 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,296 |
| Other assets | $0 |
| Total assets | $25,296 |
| Total liabilities | $979 |
| Net assets or fund balances | $24,317 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Veteran Empowerment Through Motorsports Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Sports Car Club Of America Foundation Inc Topeka, KS | | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Legion Auxiliary Indianapolis, IN | $53,756,323 | $11,649,453 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
American Legion Auxiliary Bowling Green, KY | $99,496 | $4,500,725 |
Disabled American Veterans Paid Time Off Plan And Tr Erlanger, KY | $4,127,164 | $2,957,196 |
American Legion Indianapolis, IN | $6,888,018 | $3,332,697 |
Veterans Research Foundation Pittsburgh, PA | $4,865,557 | $2,533,091 |
American Legion Lansing, MI | $6,617,226 | $3,234,715 |
American Legion Wormleysburg, PA | $6,891,300 | $3,184,606 |
Michigan Veterans Foundation Inc Detroit, MI | $12,857,454 | $2,381,059 |
Veterans Of Foreign Wars Of The United States Dept Of Pennsylvania Harrisburg, PA | $9,683,468 | $3,300,434 |
Veterans Of Foreign Wars Dept Of Michigan Lansing, MI | $3,020,634 | $1,962,824 |
American Legion Department Of Ohio Inc Delaware, OH | $10,500,677 | $3,629,626 |