Classic Auto Rides Inc
- Assets
- $74.6k
- Revenue
- $321.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Buford, GA
- Founding
- Data as of
- 12/2023
- EIN
- 85-3575152
Organization Overview
Classic Auto Rides Inc is located in Buford, GA. 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. Classic Auto Rides 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 12/2023, Classic Auto Rides Inc generated $321.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.5% each year . All expenses for the organization totaled $308.4k during the year ending 12/2023. While expenses have increased by 47.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CAR CLUB ORGANIZED FOR SOCIAL EVENTS SUCH AS CAR CRUISE-INS AND CAR SHOWS; WHILE RAISING FUNDS TO HELP OUR COMMUNITY AND DONATIONS TO BE GIVEN TO CHARITIES SUCH AS FRIENDS U NEED INC. WHISPERING ANGELS YOUTH RANCH AND MANY MORE
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS U NEED INC. - TO HELP PROVIDE A LOCATION AND SERVICE FOR SPECIAL NEEDS ADULTS TO MEET LEARN DAILY LIFE SKILLS TO PARTICIPATE IN RECREATIONAL ACTIVITIES AND COMMUNITY SERVICES WITHOUT PLACING A FINANCIAL BURDEN ON THEIR FAMILIES.
WHISPERING ANGELS YOUTH RANCH - TO HELP PROVIDE A LOCATION AND SERVICE FOR CHILDREN AND FAMILIES WHO HAVE EXPERIENCED SEVERE TRAUMA ABUSE OR NEGLECT.
MEMORIAL PARK FUNERAL HOME - WE PAID ALL FUNERAL EXPENSES FOR HALL COUNTY DEPUTY PATRICK HOLTZCLAW'S WIFE AND TWO YOUNG CHILDREN WHO WERE TRAGICALLY KILLED IN A CAR ACCIDENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Brown President | Officer | 5 | $0 |
Brian Kilgore Vice President | Officer | 5 | $0 |
Rhonda Howard Secretary | Officer | 5 | $0 |
Carol Horst Treasurer | Officer | 5 | $0 |
Angela Brown Marketing And Event Planner | Officer | 5 | $0 |
Dale Brown Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,304 |
| Fundraising events | $95,853 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,106 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $312,263 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $321,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $143,200 |
| Grants and other assistance to domestic individuals. | $66,171 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,549 |
| Office expenses | $1,817 |
| Information technology | $299 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $450 |
| All other expenses | $53,244 |
| Total functional expenses | $308,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,568 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $74,568 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $74,568 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $74,568 |