Motorcycle Training Center Inc is located in Howell, NJ. The organization was established in 2016. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Motorcycle Training Center Inc 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 12/2017, Motorcycle Training Center Inc generated $54.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $49.0k during the year ending 12/2017. While expenses have increased by 9.3% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
MOTORCYCLE SAFETY TRAINING
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $54,025 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $54,025 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $37,678 |
Professional fees and other payments to independent contractors | $600 |
Occupancy, rent, utilities, and maintenance | $325 |
Printing, publications, postage, and shipping | $63 |
Other expenses | $10,342 |
Total expenses | $49,008 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,555 |
Other assets | $0 |
Total assets | $23,702 |
Total liabilities | $11,589 |
Net assets or fund balances | $12,113 |
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