Bizzarro Racing
- Assets
- $14.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mashpee, MA
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 56-2408776
Organization Overview
Bizzarro Racing is located in Mashpee, MA. The organization was established in 2006. 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. Bizzarro 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 12/2021, Bizzarro Racing generated $33.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $25.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PAYS FOR TRANSPORTATION, LODGING,ENTRY FEES AND EQUIPMENT FOR BMX BICYCLE RACING EVENTSFOR UNDERPRIVILEGED YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
London Wilmot President | 10 | $0 | |
Pamela Oldham Treasurer | 5 | $0 | |
Roberta Wilmot Clerk | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,633 |
| Total Program Service Revenue | $14,899 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $291 |
| Total Revenue | $33,823 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $155 |
| Other expenses | $25,208 |
| Total expenses | $25,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,332 |
| Other assets | $0 |
| Total assets | $14,889 |
| Total liabilities | $1,736 |
| Net assets or fund balances | $13,153 |
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