Tri-Valley Quarter Midget Racing
- Assets
- $53.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Livermore, CA
- Founding
- 04/2004
- Data as of
- 12/2023
- EIN
- 94-6104633
Organization Overview
Tri-Valley Quarter Midget Racing is located in Livermore, CA. The organization was established in 2004. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Tri-Valley Quarter Midget Racing 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, Tri-Valley Quarter Midget Racing generated $67.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $48.3k 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 Program Activity:
Part 3
DRIVER RECOGNITION/RACING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Obrien President | 0 | $0 | |
Bryan Zackary Vice President | 0 | $0 | |
Jennifer Anderson Secretary | 0 | $0 | |
Jesse Rollins Track Director | 0 | $0 | |
Jose Jimenez Tech Director | 0 | $0 | |
Joe Andersen Training Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,362 |
| Total Program Service Revenue | $25,346 |
| Membership dues | $3,360 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,896 |
| 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 | $1,620 |
| Occupancy, rent, utilities, and maintenance | $20,780 |
| Printing, publications, postage, and shipping | $2,325 |
| Other expenses | $23,581 |
| Total expenses | $48,306 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,375 |
| Other assets | $0 |
| Total assets | $53,375 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,375 |