WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC (EIN 161572964) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

JOHN R SAUNDERS

Phone

6075359044

Tax Period

2024-01-01 to 2024-12-31

WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC, founded in 1999, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 18% operating margin.

Mission

THE INTERNATIONAL MOTOR RACING RESEARCH CENTER COLLECTS, SHARES AND PRESERVES THE HISTORY OF MOTORSPORTS. SPANNING CONTINENTS, ERAS AND RACE SERIES, THE CENTER'S COLLECTION EMBODIES THE SPEED, DRAMA AND CAMARADERIE OF AMATEUR AND PROFESSIONAL MOTOR RACING THROUGHOUT THE WORLD. THE CENTER WELCOMES SERIOUS RESEARCHERS AND THE CASUAL FANS ALIKE TO SHARE STORIES OF RACE DRIVERS, RACE SERIES, AND RACE CARS CAPTURED ON OUR SHELVES AND WALLS, AND BROUGHT TO LIFE THROUGH A REGULAR CALENDAR OF PUBLIC LECTURES AND SPECIAL EVENTS. THE CENTER'S COLLECTION DOCUMENTS THE HISTORY OF RACING IN THE MORE THAN 4000 BOOKS OR 250 DIFFERENT MOTORSPORTS MAGAZINES AND NEWSPAPERS TITLES; CLUB AND SANCTIONING BODY RECORDS; RACE RESULTS, PROGRAMS AND POSTERS; PAPERS OF MOTORSPORTS JOURNALISTS AND SCHOLARS; CORRESPONDENCE OF RACE ORGANIZERS; AND STILL AND MOVING IMAGES HOUSED ONSITE AND IN OUR EXPANDING OFFSITE COLLECTIONS STORAGE FACILITIES. ITS KNOWLEDGEABLE RESEARCH AND ARCHIVES STAFF ASSISTS HUNDRE

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $844,547

Program Service Revenue $16,515

Investment Income $348,670

Other Revenue $-40,407

TOTAL REVENUE $1,169,325

Expense Breakdown

Grants Paid $0

Salaries & Benefits $325,775

Fundraising Expenses $466,188

Program Expenses $235,885

Other Expenses $634,080

TOTAL EXPENSES $959,855

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,169,325	$580,566	+1.0%
Expenses	$959,855	$726,224	+0.3%
Net Income	$209,470	$-145,658	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$95,481

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN R SAUNDERS	CHAIRMAN	0.50	Officer Director	$0	$0	$0
LARRY KESSLER	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
BILL BRANSON	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
SCOTT WELLIVER	TREASURER	0.50	Officer Director	$0	$0	$0
BEREN ARGETSINGER	SECRETARY	0.50	Officer Director	$0	$0	$0
DAWN BURLEW	TRUSTEE	0.50	Director	$0	$0	$0
NICHOLAS CRAW	TRUSTEE	0.50	Director	$0	$0	$0
CHRIS DYSON	TRUSTEE	0.50	Director	$0	$0	$0
EVAN FAY EARLE	TRUSTEE	0.50	Director	$0	$0	$0
JOHN CGORSLINE	TRUSTEE	0.50	Director	$0	$0	$0
PHIL HENDERSON	TRUSTEE	0.50	Director	$0	$0	$0
MICHAEL KANALEY	TRUSTEE	0.50	Director	$0	$0	$0
ROB ROESSEL	TRUSTEE	0.50	Director	$0	$0	$0
DINAH GUELDENPFENNIG WEISBERG	TRUSTEE	0.50	Director	$0	$0	$0
CHIP WILE	TRUSTEE	0.50	Director	$0	$0	$0
DARYL Q WOLFE	TRUSTEE	0.50	Director	$0	$0	$0
PHYLLISA DESARNO	TRUSTEE	0.50	Director	$0	$0	$0
MARK STEIGERWALD	EXECUTIVE DIRECTOR	40.00	Officer	$95,481	$0	$95,481

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
2024	$1,169,325	$959,855	$5,379,931	$209,470
2023	$580,566	$726,224	$5,064,582	$-145,658
2022	$904,156	$876,096	$5,001,610	$28,060
2021	$1,213,065	$806,977	$5,496,575	$406,088
2020	$794,375	$717,835	$4,874,605	$76,540
2019	$650,586	$554,676	$4,466,605	$95,910
2018	$842,664	$682,372	$3,948,242	$160,292

WATKINS GLEN MOTOR RACING RESEARCH COUNCIL INC