Motorsports Ministries Inc
- Assets
- $83.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Rosa, CA
- Founding
- 04/1994
- Data as of
- 12/2020
- EIN
- 94-3062932
Organization Overview
Motorsports Ministries Inc is located in Santa Rosa, CA. The organization was established in 1994. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Motorsports Ministries 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 12/2020, Motorsports Ministries Inc generated $118.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $158.3k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
CHURCH SERVICES AND OUTREACH TO THOSE ASSOCIATED WITH THE MOTOR RACING CIRCUIT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Anderson Trustee | 1 | $0 | |
Dick Martin Trustee | 1 | $0 | |
Robert Ruman Trustee | 1 | $0 | |
John Doonan Trustee | 1 | $0 | |
John Gorsline Trustee | 1 | $0 | |
Terry Borcheller President | 15 | $4,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,818 |
| 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 | $118,818 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,500 |
| Professional fees and other payments to independent contractors | $85 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $64 |
| Other expenses | $153,656 |
| Total expenses | $158,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,676 |
| Other assets | $0 |
| Total assets | $83,756 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,756 |