Vintage Racer Group Inc
Vintage Racer Group Inc shows consistent asset growth and no reported officer compensation across all filings.
EIN: 202271091 · Wyndmoor, PA · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $562K |
| Total Expenses | $381K |
| Program Spending | 90% |
| Net Assets | $232K |
| Transparency Score | 85/100 |
Is Vintage Racer Group Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vintage Racer Group Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vintage Racer Group Inc
Vintage Racer Group Inc (EIN: 202271091) is a nonprofit organization based in Wyndmoor, PA, classified under NTEE code N50. The organization reported total revenue of $562K and total assets of $335K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vintage Racer Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vintage Racer Group Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $448K |
| Total Expenses | $381K |
| Surplus / Deficit | +$67K |
| Total Assets | $260K |
| Total Liabilities | $29K |
| Net Assets | $232K |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 8.2 months |
Financial Health Grade: A
In 2023, Vintage Racer Group Inc reported a surplus of $67K with revenue exceeding expenses, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vintage Racer Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.6% | -7.9% | +33.7% |
| 2022 | +3.7% | +42.6% | -5.9% |
| 2021 | +123.6% | +89.1% | +85.6% |
| 2020 | -63.4% | -65.1% | +22.0% |
| 2019 | +74.5% | +31.7% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Vintage Racer Group Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Vintage Racer Group Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation.
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 Vintage Racer Group Inc:
- Consistent asset growth, from $91,405 in 2019 to $334,978 currently.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Long history of IRS 990 filings (13 periods), demonstrating transparency and compliance.
- Generally prudent expense management, with expenses often below or close to revenue (e.g., 2023 expenses of $380,826 against $447,731 revenue).
Frequently Asked Questions about Vintage Racer Group Inc
Is Vintage Racer Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vintage Racer Group Inc (EIN: 202271091) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Vintage Racer Group Inc spend its money?
Vintage Racer Group Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vintage Racer Group Inc tax-deductible?
Vintage Racer Group Inc is registered as a tax-exempt nonprofit (EIN: 202271091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vintage Racer Group Inc's spending goes to programs?
Vintage Racer Group Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vintage Racer Group Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vintage Racer Group Inc 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 Vintage Racer Group Inc located?
Vintage Racer Group Inc is headquartered in Wyndmoor, Pennsylvania and files with the IRS under EIN 202271091. It is classified under NTEE code N50.
How many years of IRS 990 filings does Vintage Racer Group Inc have?
Vintage Racer Group Inc has 13 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 $562K in total revenue.
Is Vintage Racer Group Inc a good charity?
Based on the available financial data, Vintage Racer Group Inc appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable absence of reported officer compensation, suggesting efficient use of funds. Its long filing history also indicates transparency.
How has Vintage Racer Group Inc's financial health changed over time?
Vintage Racer Group Inc has shown consistent growth in assets, from $91,405 in 2019 to $334,978 currently. While revenue and expenses have fluctuated, the organization has generally maintained a positive net asset position, indicating improving financial health.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all 13 available filings, which is a strong indicator that resources are not being diverted to high executive salaries and are likely focused on program delivery.
Filing History
IRS 990 filing history for Vintage Racer Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vintage Racer Group Inc's revenue has grown by 832.8%, moving from $48K to $448K. Total assets increased by 97.7% over the same period, from $132K to $260K. Total functional expenses rose by 3207.2%, from $12K to $381K. In its most recent filing year (2023), Vintage Racer Group Inc reported a surplus of $67K, with revenue exceeding expenses. The organization holds $29K in liabilities against $260K in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $232K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $448K | $381K | $260K | $29K | — | View 990 |
| 2022 | $401K | $414K | $195K | $29K | — | View 990 |
| 2021 | $387K | $290K | $207K | $29K | — | View 990 |
| 2020 | $173K | $153K | $112K | $29K | — | View 990 |
| 2019 | $473K | $440K | $91K | $29K | — | View 990 |
| 2018 | $271K | $334K | $67K | $29K | — | View 990 |
| 2017 | $313K | $313K | $118K | $29K | — | View 990 |
| 2016 | $363K | $383K | $117K | $29K | — | View 990 |
| 2015 | $258K | $280K | $126K | $29K | — | View 990 |
| 2014 | $377K | $356K | $130K | $29K | — | View 990 |
| 2013 | $280K | $300K | $110K | $29K | — | View 990 |
| 2012 | $9K | $11K | $130K | $0 | — | View 990 |
| 2011 | $48K | $12K | $132K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $448K, expenses of $381K, and assets of $260K (revenue +11.6% year-over-year).
- 2022: Revenue of $401K, expenses of $414K, and assets of $195K (revenue +3.7% year-over-year).
- 2021: Revenue of $387K, expenses of $290K, and assets of $207K (revenue +123.6% year-over-year).
- 2020: Revenue of $173K, expenses of $153K, and assets of $112K (revenue -63.4% year-over-year).
- 2019: Revenue of $473K, expenses of $440K, and assets of $91K (revenue +74.5% year-over-year).
- 2018: Revenue of $271K, expenses of $334K, and assets of $67K (revenue -13.4% year-over-year).
- 2017: Revenue of $313K, expenses of $313K, and assets of $118K (revenue -13.8% year-over-year).
- 2016: Revenue of $363K, expenses of $383K, and assets of $117K (revenue +40.7% year-over-year).
- 2015: Revenue of $258K, expenses of $280K, and assets of $126K (revenue -31.4% year-over-year).
- 2014: Revenue of $377K, expenses of $356K, and assets of $130K (revenue +34.4% year-over-year).
- 2013: Revenue of $280K, expenses of $300K, and assets of $110K (revenue +3021.2% year-over-year).
- 2012: Revenue of $9K, expenses of $11K, and assets of $130K (revenue -81.3% year-over-year).
- 2011: Revenue of $48K, expenses of $12K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vintage Racer Group Inc:
Data Sources and Methodology
This transparency report for Vintage Racer Group Inc 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.