Arizona Road Racers
- Assets
- $133.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tucson, AZ
- Founding
- 05/1997
- Data as of
- 12/2021
- EIN
- 74-2049461
Organization Overview
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 12/2021, Arizona Road Racers generated $89.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $102.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) 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
PUTTING ON RACES IN THE PHOENIX AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norm Janoff Director | 10 | $0 | |
Janet Foote President | 10 | $0 | |
Hal Gensler Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,605 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,962 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $79,090 |
| Total Revenue | $89,657 |
| 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 | $13,203 |
| Printing, publications, postage, and shipping | $262 |
| Other expenses | $83,586 |
| Total expenses | $102,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,441 |
| Other assets | $0 |
| Total assets | $133,114 |
| Total liabilities | $17,018 |
| Net assets or fund balances | $116,096 |
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