Drive Strong Inc
- Assets
- $247.7k
- Revenue
- $223.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Dawsonville, GA
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-4981240
Organization Overview
Drive Strong Inc is located in Dawsonville, GA. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drive Strong 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 12/2022, Drive Strong Inc generated $223.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $292.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DEFENSIVE DRIVING TRAINING AND RAISE AWARENESS ABOUT THE RISKS OF UNSAFE DRIVING FOR TEENS OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DRIVE STRONG INC - IN PARTNERSHIP WITH ATLANTA MOTORSPORTS PARK - PROVIDES ATLANTA TEENAGERS WITH A UNIQUE OPPORTUNITY TO LEARN LIFE-SAVING ADVANCED DRIVING SKILLS FROM PROFESSIONAL INSTRUCTORS. USING THE PARK'S STATE OF THE ART TRAINING FACILITIES, INCLUDING A WORLD CLASS SKID PAD AND ICE HILL, DRIVE STRONG ATLANTA TEACHES ADVANCED DRIVING MANEUVERS THAT ARE NOT COVERED DURING TRADITIONAL DRIVERS EDUCATION. STUDENTS LEARN VITAL DRIVING SKILLS FOR LIFE INCLUDING WET WEATHER, EVASIVE AND DEFENSIVE HANDLING SKILLS AS WELL AS THE DANGERS OF DISTRACTED DRIVING. THE ORGANIZATION PROVIDES A ONE-DAY INSTRUCTIONAL TEEN DRIVING PROGRAM. THE PROGRAM IS AVAILABLE TO STUDENTS AGED 15-19 WHO HAVE HAD THEIR PERMIT FOR SIX MONTHS AND AT LEAST 25 HOURS OF BASIC DRIVING EXPERIENCE WITH A PARENT OR GUARDIAN. STUDENTS RECEIVE IMMEDIATE FEEDBACK ON SAFETY PRECAUTIONS AND VEHICLE HANDING CORRECTIONS AS STUDENTS RESPOND TO REAL WORLD SCENARIOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Crane Treasurer | OfficerTrustee | 5 | $0 |
Jan Stockbridge President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,790 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,790 |
| Total Program Service Revenue | $202,692 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $223,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,654 |
| Advertising and promotion | $2,967 |
| Office expenses | $11,035 |
| Information technology | $2,670 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,655 |
| Insurance | $10,574 |
| All other expenses | $0 |
| Total functional expenses | $292,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,639 |
| Savings and temporary cash investments | $466 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $104,070 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125,532 |
| Total assets | $247,707 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $93,400 |
| Other liabilities | $13,526 |
| Total liabilities | $106,926 |
| Net assets without donor restrictions | $140,781 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $247,707 |