Motorsport Safety Academy Inc
- Assets
- $21.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rancho Palos Verdes, CA
- Founding
- Data as of
- 12/2022
- EIN
- 84-4856565
Organization Overview
Motorsport Safety Academy Inc is located in Rancho Palos Verdes, CA. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, 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. Motorsport Safety Academy 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, Motorsport Safety Academy Inc generated $69.8k in total revenue. All expenses for the organization totaled $66.4k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IT IS AN ORGANIZATION WHERE THE HIGH-PERFORMANCE DRIVER EDUCATION (HPDE) COMMUNITY CAN COME TOGETHER AND HAVE A SINGLE VOICE, A PLACE TO SHARE EXPERIENCES AND CONCERNS, AND A PLACE TO COLLABORATE ON IMPROVING THE SPORT.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $69,843 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,843 |
| 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 | $45,876 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $5,467 |
| Other expenses | $9,076 |
| Total expenses | $66,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,071 |
| Other assets | $0 |
| Total assets | $21,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,071 |
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