South Central Racing Llc is located in Salida, CO. The organization was established in 2016. 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. South Central Racing Llc 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, South Central Racing Llc generated $7.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $10.5k during the year ending 12/2017. 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
ORGANIZED SALIDA CLASSIC BIKING EVENT; PROVIDED SUPPORT TO LOCAL HIGH SCHOOL BIKE TEAM; PROVIDED GRANT TO CHAFFEE COUNTY SPORTS COMMISSION; SUPPORTED OTHER LOCAL RELATED ACTIVITIES AND SCHOOL PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Tauer President | 2 | $0 | |
Connie Goscinski-Smith Secretary | 2 | $0 | |
Leda Shovelton Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,251 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$2,896 |
Other Revenue | $0 |
Total Revenue | $7,359 |
Statement of Expenses | |
---|---|
Total expenses | $10,500 |
Balance Sheet | |
---|---|
Total assets | $38,113 |
Total liabilities | $0 |
Net assets or fund balances | $38,113 |
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