National Motor Sports Press Association
- Assets
- $118.2k
- Revenue
- $49.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Darlington, SC
- Founding
- 10/1981
- Data as of
- 08/2021
- EIN
- 57-0713699
Organization Overview
National Motor Sports Press Association is located in Darlington, SC. The organization was established in 1981. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, 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. National Motor Sports Press Association 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 08/2021, National Motor Sports Press Association generated $49.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $21.2k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE MOTORSPORTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE MOTORSPORTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Jordan Sec Treasurer | Officer | 0 | $0 |
Reid Spencer Pres | Officer | 0 | $0 |
Ben White Vice Pres | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,372 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13 |
| Information technology | $1,040 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,374 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,791 |
| Insurance | $627 |
| All other expenses | $0 |
| Total functional expenses | $21,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,458 |
| Savings and temporary cash investments | $2,355 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $118,203 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $118,203 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Motor Sports Press Association has recieved totaling $6,250.
| Awarding Organization | Amount |
|---|---|
Motorsports Charities Inc Daytona Beach, FL PURPOSE: PROGRAM SUPPORT | $6,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Intercollegiate Athletic Assn Charlotte, NC | $1,647,093 | $3,002,061 |
575 Sports & Wellness Inc Canton, GA | $1,007,139 | $1,841,153 |
Cleveland County Alws Baseball Inc Shelby, NC | $1,206,630 | $1,175,426 |
Peach Belt Athetic Conference Inc Martinez, GA | $774,998 | $880,002 |
Carol S Petrea Youth Golf Foundation Inc Shallotte, NC | $2,368,815 | $677,340 |
Usa South Athletic Conference Inc Rome, GA | $292,046 | $569,479 |
Enka Youth Sports Organization Inc Asheville, NC | $9,219,173 | $298,655 |
South Carolina Athletic Coaches Association Inc Greenwood, SC | $1,406,403 | $563,281 |
Archer Athletic Association Inc Grayson, GA | $108,755 | $425,848 |
Tidal Wave Swim Foundation Inc Acworth, GA | $171,183 | $373,547 |
Adaptive Sports Usa Inc Charlotte, NC | $0 | $301,376 |
Indian Trail Athletic Association Indian Trail, NC | $292,350 | $498,482 |