Motorcycle Racing Association Of Nevada
Motorcycle Racing Association Of Nevada maintains stable finances with zero officer compensation and no liabilities.
EIN: 201682623 · Las Vegas, NV · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $58K |
| Program Spending | 90% |
| Net Assets | $34K |
| Transparency Score | 85/100 |
Is Motorcycle Racing Association Of Nevada Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Motorcycle Racing Association Of Nevada directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Motorcycle Racing Association Of Nevada
Motorcycle Racing Association Of Nevada (EIN: 201682623) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code N50. The organization reported total revenue of $64K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Motorcycle Racing Association Of Nevada's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Motorcycle Racing Association Of Nevada is a micro nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $58K |
| Surplus / Deficit | +$6K |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | 9.7% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2018, Motorcycle Racing Association Of Nevada reported a surplus of $6K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2018), Motorcycle Racing Association Of Nevada's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +79.7% | +51.5% | +22.7% |
| 2017 | -32.1% | -25.4% | -8.5% |
| 2016 | +46.6% | +13.9% | -4.1% |
| 2015 | -21.8% | -28.7% | +15.2% |
| 2014 | +35.7% | +115.2% | -40.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Motorcycle Racing Association Of Nevada with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Motorcycle Racing Association Of Nevada allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is likely volunteer-led and does not pay its officers, which is highly efficient for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Motorcycle Racing Association Of Nevada:
- Consistent zero liabilities across all filings, indicating strong financial solvency.
- Zero officer compensation reported, suggesting a volunteer-led model and high efficiency.
- Stable asset base, with assets consistently exceeding liabilities.
- Positive net income in the latest filing (201812), demonstrating sound financial management.
- Consistent filing history, indicating good compliance and transparency.
Frequently Asked Questions about Motorcycle Racing Association Of Nevada
Is Motorcycle Racing Association Of Nevada a legitimate charity?
Motorcycle Racing Association Of Nevada (EIN: 201682623) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $64K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Motorcycle Racing Association Of Nevada spend its money?
Motorcycle Racing Association Of Nevada directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Motorcycle Racing Association Of Nevada tax-deductible?
Motorcycle Racing Association Of Nevada is registered as a tax-exempt nonprofit (EIN: 201682623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Motorcycle Racing Association Of Nevada compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Motorcycle Racing Association Of Nevada is above average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Motorcycle Racing Association Of Nevada located?
Motorcycle Racing Association Of Nevada is headquartered in Las Vegas, Nevada and files with the IRS under EIN 201682623. It is classified under NTEE code N50.
How many years of IRS 990 filings does Motorcycle Racing Association Of Nevada have?
Motorcycle Racing Association Of Nevada has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $64K in total revenue.
Is Motorcycle Racing Association Of Nevada a good charity?
Based on the available financial data, the Motorcycle Racing Association Of Nevada appears to be a well-managed, financially stable, and efficient organization. They consistently operate without liabilities and do not pay officer compensation, suggesting a strong commitment to their mission with minimal overhead. Their consistent revenue and asset levels indicate a sustainable operation.
How does their program spending compare to similar organizations?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to directly compare their program spending ratio. However, the consistent reporting of zero officer compensation strongly suggests that a very high percentage of their total expenses are likely directed towards their programs, as administrative overhead for salaries is non-existent.
What is the trend in their financial health?
The organization's financial health has been consistently stable over the past eight years. While revenue and expenses fluctuate, assets have remained positive and liabilities consistently at zero. The latest period (201812) shows a healthy surplus of $6,240 (Revenue $64,299 - Expenses $58,059), indicating good financial management.
Filing History
IRS 990 filing history for Motorcycle Racing Association Of Nevada showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Motorcycle Racing Association Of Nevada's revenue has grown by 34.1%, moving from $48K to $64K. Total assets decreased by 22.5% over the same period, from $43K to $34K. Total functional expenses rose by 1.9%, from $57K to $58K. In its most recent filing year (2018), Motorcycle Racing Association Of Nevada reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $64K | $58K | $34K | $0 | — | View 990 |
| 2017 | $36K | $38K | $27K | $0 | — | View 990 |
| 2016 | $53K | $51K | $30K | $0 | — | View 990 |
| 2015 | $36K | $45K | $31K | $0 | — | View 990 |
| 2014 | $46K | $63K | $27K | $0 | — | View 990 |
| 2013 | $34K | $29K | $46K | $0 | — | View 990 |
| 2012 | $35K | $38K | $41K | $0 | — | View 990 |
| 2011 | $48K | $57K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $64K, expenses of $58K, and assets of $34K (revenue +79.7% year-over-year).
- 2017: Revenue of $36K, expenses of $38K, and assets of $27K (revenue -32.1% year-over-year).
- 2016: Revenue of $53K, expenses of $51K, and assets of $30K (revenue +46.6% year-over-year).
- 2015: Revenue of $36K, expenses of $45K, and assets of $31K (revenue -21.8% year-over-year).
- 2014: Revenue of $46K, expenses of $63K, and assets of $27K (revenue +35.7% year-over-year).
- 2013: Revenue of $34K, expenses of $29K, and assets of $46K (revenue -3.9% year-over-year).
- 2012: Revenue of $35K, expenses of $38K, and assets of $41K (revenue -26.5% year-over-year).
- 2011: Revenue of $48K, expenses of $57K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Motorcycle Racing Association Of Nevada:
Data Sources and Methodology
This transparency report for Motorcycle Racing Association Of Nevada is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.