Lone Star Corvette Classic Inc
- Assets
- $800.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 03/2016
- Data as of
- 12/2023
- EIN
- 47-5369877
Organization Overview
Lone Star Corvette Classic Inc is located in Plano, TX. The organization was established in 2016. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lone Star Corvette Classic 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 12/2023, Lone Star Corvette Classic Inc generated $37.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $41.4k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DONATIONS: NATIONAL CORVETTE MUSEUM 350 CORVETTE DRIVE BOWLING GREEN KY 42101 $14,400 VFW POST 178 6670 MOORE STREET FRISCO, TX 75034 $250 YMCA CAMP GRADY SPRUCE C/O YMCA OF METRO DALLAS 601 N AKARD ST DALLAS TX 75201 $292.72 FRISCO EDUCATION FOUNDATION PO BOX 567 FRISCO TX 75034 $292.72 SCOTTISH RITE FOR CHILDREN 2222 WELBORN ST DALLAS TX 75219 $7,200 PLANO SYMPHONY ORCHESTRA 1635 DORCHESTER DR PLANO TX 75075 $292.76 RESTORATIVE FARMS 4500 TODD ST DALLAS TX 75210 $292.72 CINDY HESS MEMORIAL YMCA OF WAXAHACHIE TX 75165 $292.72 TEXAS PEACE OFFICERS MEMORIAL RIDE PO BOX 1672 HUMBLE TX 77347 $7.200.00
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Carrion President | 4 | $0 | |
Mark Bond Vice President | 4 | $0 | |
John Raiden Treasurer | 4 | $0 | |
Gail Carrion Secretary | 4 | $0 | |
Phil Metcalf Classic Officer | 4 | $0 | |
Ellie Mendez Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,151 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,746 |
| Other Revenue | $0 |
| Total Revenue | $37,724 |
| 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 | $3,380 |
| Other expenses | $0 |
| Total expenses | $41,386 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $800 |
| Other assets | $0 |
| Total assets | $800 |
| Total liabilities | $0 |
| Net assets or fund balances | $800 |