American Motorsports Association
- Assets
- $5.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- Data as of
- 12/2023
- EIN
- 88-2650028
Organization Overview
American Motorsports Association is located in Jefferson City, MO. According to its NTEE Classification (M42) the organization is classified as: Automotive Safety, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Motorsports Association 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, American Motorsports Association generated $97.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $107.7k 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 Program Activity:
Part 3
THE AMERICAN MOTORSPORTS ASSOCIATION WILL PRIMARILY SEEK TO PROMOTE THE PASSION OF MOTORSPORTS, INCLUDING RACING, TRACTOR PULLS, AND OTHER EVENTS BY GETTING MORE PEOPLE INVOLVED AT EVERY LEVEL, AND ADVANCE SAFETY AND EDUCATION FOR MEMBERS OF THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Olde Director | 0.5 | $0 | |
Jason Papich Director | 0.5 | $0 | |
Tony Toste Director | 0.5 | $0 | |
Reid Millard President | 2 | $0 | |
Renee Reuter Secretary | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,990 |
| Total Program Service Revenue | $72,203 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,193 |
| 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 | $2,290 |
| Occupancy, rent, utilities, and maintenance | $1,067 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $104,389 |
| Total expenses | $107,746 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,306 |
| Other assets | $0 |
| Total assets | $5,308 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,308 |