West Texas Motorcross Park Inc
- Assets
- $105.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 06/2001
- Data as of
- 12/2022
- EIN
- 75-2348341
Organization Overview
West Texas Motorcross Park Inc is located in Midland, TX. The organization was established in 2001. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Texas Motorcross Park Inc 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 12/2022, West Texas Motorcross Park Inc generated $79.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $89.5k during the year ending 12/2022. While expenses have increased by 4.3% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Carlton President | 0 | $0 | |
Mike Lee Director | 0 | $0 | |
Doug Baker Director | 0 | $0 | |
Micah Hugo Director | 0 | $0 | |
Dustin Turner Vice Preside | 0 | $0 | |
Matt Carlton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,568 |
| Membership dues | $53,622 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,310 |
| Professional fees and other payments to independent contractors | $425 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $60 |
| Other expenses | $83,701 |
| Total expenses | $89,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,962 |
| Other assets | $0 |
| Total assets | $105,392 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,392 |
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