Chinook Performance Racing is located in Melfa, VA. The organization was established in 2014. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Chinook Performance Racing 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 12/2022, Chinook Performance Racing generated $114.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $124.8k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER ATHLETIC COMPETITION BY PROVIDING THE OPPORTUNITY FOR ATHLETES TO TRAIN AND COMPETE.
Describe the Organization's Program Activity:
Part 3
FOSTER ATHLETIC COMPETITION BY PROVIDING THE OPPORTUNITY FOR ATHLETES TO TRAIN AND COMPETE.
FOSTER ATHLETIC COMPETITION BY PROVIDING THE OPPORTUNITY FOR ATHLETES TO TRAIN AND COMPETE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Macauley Nash President | 0 | $0 | |
Richard Yocum Secretary | 0 | $0 | |
Deborah Davis Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,665 |
Total Program Service Revenue | $99,112 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $114,781 |
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 | $2,797 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $121,991 |
Total expenses | $124,788 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $83,983 |
Other assets | $0 |
Total assets | $88,836 |
Total liabilities | $14,204 |
Net assets or fund balances | $74,632 |
Over the last fiscal year, we have identified 1 grants that Chinook Performance Racing has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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Richmond Volleyball Club Henrico, VA | $4,492,529 | $3,770,472 |
National Junior College Athletic Association Charlotte, NC | $4,854,958 | $4,218,539 |
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