Desert Vets Racing Inc
- Assets
- $167.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgecrest, CA
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 83-1463107
Organization Overview
Desert Vets Racing Inc is located in Ridgecrest, CA. The organization was established in 2020. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Desert Vets Racing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DURING 2020 WE WERE ABLE TO PROVIDE RACING AND OTHER OFFROADING EXPERIENCES TO OVER 30 FORMER AND ACTIVE DUTY MILITARY MEMBERS FOR NO CHARGE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Pascarella Co Founder | 0 | $0 | |
Ashley Pascarella CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,966 |
| 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 | $50,033 |
| 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 | $3,531 |
| Occupancy, rent, utilities, and maintenance | $1,869 |
| Printing, publications, postage, and shipping | $2,034 |
| Other expenses | $27,985 |
| Total expenses | $35,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167 |
| Other assets | $0 |
| Total assets | $167 |
| Total liabilities | $0 |
| Net assets or fund balances | $167 |