Society Of Vintage Racing Enthusiasts
EIN: 464826199 · Lakebay, WA · NTEE: N50
| Metric | Value |
|---|---|
| Total Revenue | $302K |
| Total Expenses | $198K |
| Net Assets | $172K |
Is Society Of Vintage Racing Enthusiasts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society Of Vintage Racing Enthusiasts
Society Of Vintage Racing Enthusiasts (EIN: 464826199) is a nonprofit organization based in Lakebay, WA, classified under NTEE code N50. The organization reported total revenue of $302K and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Vintage Racing Enthusiasts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Vintage Racing Enthusiasts is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $279K |
| Total Expenses | $198K |
| Surplus / Deficit | +$81K |
| Total Assets | $172K |
| Net Assets | $172K |
| Operating Margin | 28.9% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Society Of Vintage Racing Enthusiasts reported a surplus of $81K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Society Of Vintage Racing Enthusiasts's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.1% | -40.3% | +88.2% |
| 2022 | +16.5% | +19.7% | +39.4% |
| 2021 | +63.4% | +7.0% | +82.3% |
| 2020 | -39.2% | -15.7% | -66.5% |
| 2019 | +4.2% | +7.3% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society Of Vintage Racing Enthusiasts has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Society Of Vintage Racing Enthusiasts with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $81K, with revenue exceeding expenses.
Frequently Asked Questions about Society Of Vintage Racing Enthusiasts
Is Society Of Vintage Racing Enthusiasts a legitimate charity?
Based on AI analysis of IRS 990 filings, Society Of Vintage Racing Enthusiasts (EIN: 464826199) insufficient data. 0 red flags identified, 0 strengths noted.
How does Society Of Vintage Racing Enthusiasts spend its money?
Detailed spending breakdown data is not yet available for Society Of Vintage Racing Enthusiasts. Check back for updated IRS 990 analysis.
Are donations to Society Of Vintage Racing Enthusiasts tax-deductible?
Society Of Vintage Racing Enthusiasts is registered as a tax-exempt nonprofit (EIN: 464826199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Society Of Vintage Racing Enthusiasts located?
Society Of Vintage Racing Enthusiasts is headquartered in Lakebay, Washington and files with the IRS under EIN 464826199. It is classified under NTEE code N50.
How many years of IRS 990 filings does Society Of Vintage Racing Enthusiasts have?
Society Of Vintage Racing Enthusiasts has 11 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 $302K in total revenue.
Filing History
IRS 990 filing history for Society Of Vintage Racing Enthusiasts showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Society Of Vintage Racing Enthusiasts's revenue has grown by 4.9%, moving from $266K to $279K. Total assets increased by 135.6% over the same period, from $73K to $172K. Total functional expenses fell by 31.5%, from $290K to $198K. In its most recent filing year (2023), Society Of Vintage Racing Enthusiasts reported a surplus of $81K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $279K | $198K | $172K | $0 | — | — |
| 2022 | $358K | $332K | $91K | $0 | — | View 990 |
| 2021 | $307K | $278K | $66K | $0 | — | View 990 |
| 2020 | $188K | $260K | $36K | $0 | — | — |
| 2019 | $309K | $308K | $108K | $0 | — | View 990 |
| 2018 | $297K | $287K | $106K | $0 | — | View 990 |
| 2017 | $307K | $279K | $96K | $0 | — | View 990 |
| 2016 | $301K | $311K | $61K | $0 | — | View 990 |
| 2015 | $347K | $313K | $71K | $0 | — | View 990 |
| 2014 | $292K | $332K | $38K | $0 | — | View 990 |
| 2013 | $266K | $290K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $279K, expenses of $198K, and assets of $172K (revenue -22.1% year-over-year).
- 2022: Revenue of $358K, expenses of $332K, and assets of $91K (revenue +16.5% year-over-year).
- 2021: Revenue of $307K, expenses of $278K, and assets of $66K (revenue +63.4% year-over-year).
- 2020: Revenue of $188K, expenses of $260K, and assets of $36K (revenue -39.2% year-over-year).
- 2019: Revenue of $309K, expenses of $308K, and assets of $108K (revenue +4.2% year-over-year).
- 2018: Revenue of $297K, expenses of $287K, and assets of $106K (revenue -3.4% year-over-year).
- 2017: Revenue of $307K, expenses of $279K, and assets of $96K (revenue +2.0% year-over-year).
- 2016: Revenue of $301K, expenses of $311K, and assets of $61K (revenue -13.1% year-over-year).
- 2015: Revenue of $347K, expenses of $313K, and assets of $71K (revenue +18.7% year-over-year).
- 2014: Revenue of $292K, expenses of $332K, and assets of $38K (revenue +9.8% year-over-year).
- 2013: Revenue of $266K, expenses of $290K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society Of Vintage Racing Enthusiasts:
Data Sources and Methodology
This transparency report for Society Of Vintage Racing Enthusiasts 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.