Alto Velo Racing Club
- Assets
- $177.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 77-0377142
Organization Overview
Alto Velo Racing Club is located in Menlo Park, CA. The organization was established in 1995. 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. Alto Velo Racing Club 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, Alto Velo Racing Club generated $44.1k 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 (8.3%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2022. 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 |
|---|---|---|---|
Edward Stewart President | 5 | $0 | |
Ron Wolf Secretary | 5 | $0 | |
Sue Lin Holt Treasurer | 5 | $0 | |
Cameron Oreilly Board Member | 5 | $0 | |
William Hakim Board Member | 3 | $0 | |
John Janetzko Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $17,648 |
| Membership dues | $11,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,148 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,179 |
| Total expenses | $58,198 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,711 |
| Other assets | $0 |
| Total assets | $177,711 |
| Total liabilities | $0 |
| Net assets or fund balances | $177,711 |
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