NORTH CAROLINA MOTORSPORTS ASSOCIATION

EIN: 010729873 Community Improvement

CONCORD, NC

Total Revenue
$274,311
Total Expenses
$154,428
Total Assets
$317,522
Net Assets
$287,392
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
DAVID MILLER
Phone
7044555680
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA MOTORSPORTS ASSOCIATION, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $274K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 44% operating margin.

Mission

REPRESENTATION AND ADVOCACY FOR THE MOTORSPORTS INDUSTRY IN NORTH CAROLINA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $261,800
Investment Income $0
Other Revenue $12,511
TOTAL REVENUE $274,311

Expense Breakdown

Grants Paid $100
Salaries & Benefits $72,736
Fundraising Expenses $0
Other Expenses $81,592
TOTAL EXPENSES $154,428

Year-over-Year Comparison

2024 2023 Change
Revenue $274,311 $226,226 +0.2%
Expenses $154,428 $151,032 +0.0%
Net Income $119,883 $75,194 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$60,000
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG WALTER CHAIRMAN 1.00
Officer Director
$0 $0 $0
SCOTT LAMPE VICE-CHAIRMA 1.00
Officer Director
$0 $0 $0
DAVE MORTON TREASURER 1.00
Officer Director
$0 $0 $0
WENDY STALLINGS SECRETARY 1.00
Officer Director
$0 $0 $0
GRETA RAY ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD BOSTIC BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER BOWERY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DODSON BOARD MEMBER 1.00
Director
$0 $0 $0
TODD ENGLISH BOARD MEMBER 1.00
Director
$0 $0 $0
GREG FORNELLI BOARD MEMBER 1.00
Director
$0 $0 $0
WINSTON KELLEY BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA MOFFITT BOARD MEMBER 1.00
Director
$0 $0 $0
BOSTON REID BOARD MEMBER 1.00
Director
$0 $0 $0
PHIL ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK ROGERS BOARD MEMBER 1.00
Director
$0 $0 $0
ALI STARNES BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK WOOD BOARD MEMBER 1.00
Director
$0 $0 $0
LES RUDD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MILLER EXECUTIVE DI 40.00
Officer
$60,000 $0 $60,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $274,311 $154,428 $317,522 $119,883
2024 $226,226 $151,032 $182,794 $75,194
2023 $195,600 $178,073 $98,216 $17,527
2022 $190,149 $183,334 $74,788 $6,815
2021 $191,098 $175,239 $74,939 $15,859
2020 $220,445 $219,504 $63,628 $941
2019 $222,915 $220,804 $66,664 $2,111
2018 $215,334 $223,183 $67,051 $-7,849
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NORTH CAROLINA MOTORSPORTS ASSOCIATION with other nonprofits in North Carolina and across the country.