Parkway Ford Heritage Mission
- Assets
- $341.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-3442565
Organization Overview
Parkway Ford Heritage Mission is located in Newport Beach, CA. According to its NTEE Classification (X01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkway Ford Heritage Mission 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 12/2023, Parkway Ford Heritage Mission generated $47.9k 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 (41.2%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CHRISTIAN MINISTRY TO THE AMATEUR DRAG RACING COMMUNITY
Describe the Organization's Program Activity:
Part 3
ENGINEERING COSTS
WEBSITE DEVELOPMENT
LEGAL EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John R Burns CEO | 20 | $0 | |
Jeffrey B Welles CFO | 10 | $0 | |
Willard Dunlap Director | 5 | $0 | |
Hayden Butler Director | 5 | $0 | |
Stephen Scarlett Director | 5 | $0 | |
Craig Bothwell Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,877 |
| 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 | $47,877 |
| 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 | $1,212 |
| Occupancy, rent, utilities, and maintenance | $16,320 |
| Printing, publications, postage, and shipping | $1,800 |
| Other expenses | $9,000 |
| Total expenses | $28,332 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,415 |
| Other assets | $0 |
| Total assets | $341,743 |
| Total liabilities | $62,429 |
| Net assets or fund balances | $279,314 |