Arizona Road Racers is located in Tucson, AZ. The organization was established in 1997. 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. Arizona Road Racers is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Arizona Road Racers generated $121.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $118.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PUTTING ON RACES IN THE PHOENIX AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janet Foote President | 10 | $0 | |
Norm Janoff Director | 10 | $0 | |
Hal Gensler Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,291 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,859 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $109,310 |
Total Revenue | $121,460 |
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 | $14,564 |
Printing, publications, postage, and shipping | $188 |
Other expenses | $101,212 |
Total expenses | $118,205 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $103,144 |
Other assets | $0 |
Total assets | $132,327 |
Total liabilities | $23,746 |
Net assets or fund balances | $108,581 |