Battle Scarred Motorsports is located in Biloxi, MS. The organization was established in 2019. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Battle Scarred Motorsports 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, Battle Scarred Motorsports generated $164.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $169.8k during the year ending 12/2022. While expenses have increased by 13.6% per year over the past 3 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
2022
Describe the Organization's Program Activity:
Part 3
PARTICIPATION IN ENDURANCE RACING EVENTS TO HELP ACTIVE MILITARY, VETERANS AND FIRST RESPONDERS RECOVER FROM MENTAL WOUNDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Czech CEO | 0 | $0 | |
Brian Fennell Tx Chp Lead | 0 | $0 | |
Daniel Johnson La Chp Lead | 0 | $0 | |
Derek Fox CFO | 0 | $0 | |
Brian Strack Secretary | 0 | $0 | |
Joseph Barton Legal Counse | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $93,672 |
Total Program Service Revenue | $71,100 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $164,772 |
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 | $160,556 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,226 |
Total expenses | $169,782 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,184 |
Other assets | $0 |
Total assets | $54,184 |
Total liabilities | $39,731 |
Net assets or fund balances | $14,453 |