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.
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 |