Christian Motorsports International is located in Tempe, AZ. The organization was established in 1984. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Christian Motorsports International employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Motorsports International 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 12/2021, Christian Motorsports International generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 2.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO SERVE PEOPLE IN THE WORLD OF MOTORSPORTS IN THE NAME OF JESUS CHRIST THROUGH PROVIDING FELLOWSHIP, PASTORAL CARE, EVANGELISM AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAPEL SERVICES FOR RACING ENTHUSIASTS THROUGHOUT THE U.S.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Baugher Executive Di | Officer | 50 | $48,696 |
James Jack Director | Trustee | 10 | $4,535 |
Tami Bandimere Chair | OfficerTrustee | 1 | $0 |
Chip Rumis Vice Chair | OfficerTrustee | 1 | $0 |
John Brimer Treasurer | OfficerTrustee | 1 | $0 |
Steve Earwood Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $111,710 |
Related organizations | $0 |
Government grants | $167,542 |
All other contributions, gifts, grants, and similar amounts not included above | $1,066,114 |
Noncash contributions included in lines 1a–1f | $29,468 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,345,366 |
Total Program Service Revenue | $3,460 |
Investment income | $6,213 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,175 |
Net Income from Fundraising Events | -$30,161 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $3,199 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,329,252 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $103,788 |
Compensation of current officers, directors, key employees. | $32,515 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $655,726 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $22,485 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,151 |
Advertising and promotion | $0 |
Office expenses | $66,322 |
Information technology | $23,820 |
Royalties | $0 |
Occupancy | $33,148 |
Travel | $180,738 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,537 |
Interest | $5,599 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,601 |
Insurance | $14,573 |
All other expenses | $1,997 |
Total functional expenses | $1,173,387 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $442,114 |
Savings and temporary cash investments | $903,242 |
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 | $20,783 |
Prepaid expenses and deferred charges | $3,345 |
Net Land, buildings, and equipment | $30,910 |
Investments—publicly traded securities | $3 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,400,397 |
Accounts payable and accrued expenses | $36,039 |
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 | $155,599 |
Other liabilities | $0 |
Total liabilities | $191,638 |
Net assets without donor restrictions | $621,454 |
Net assets with donor restrictions | $587,305 |
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 | $1,400,397 |
Over the last fiscal year, we have identified 1 grants that Christian Motorsports International has recieved totaling $7,043.
Awarding Organization | Amount |
---|---|
Adams County Community Foundation Inc Gettysburg, PA PURPOSE: DONOR ADVISED/DESIGNATED FUND GRANT | $7,043 |
Organization Name | Assets | Revenue |
---|---|---|
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Latino Coalition For Community Leadership Bakersfield, CA | $2,661,885 | $14,445,845 |
Living Stream Anaheim, CA | $110,298,756 | $20,926,950 |
Community Bible Study Colorado Springs, CO | $19,076,306 | $12,975,441 |
Cadence International Englewood, CO | $9,762,190 | $12,602,895 |
Youth For Christ International Ministries Englewood, CO | $7,359,781 | $13,249,220 |
Rescue International Dana Point, CA | $7,874,025 | $9,695,100 |
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |