RACINGAWARENESSCOM

EIN: 272402185 501(c)(3)

GRAND RAPIDS, MI

Total Revenue
$-1,555
Total Expenses
$101,527
Total Assets
$25,660
Net Assets
$25,660
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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
2010
Legal Domicile
MI
Principal Officer
JEFF STRIEGLE
Phone
6168133084
Tax Period
2020-01-01 to 2020-12-31

RACINGAWARENESSCOM, founded in 2010, is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. Revenue fell 102% from the prior year — a significant decline worth monitoring.

Mission

RACINGAWARENESS.COM IS A MULTIFACETED FUNDRAISING PROGRAM DESIGNED TO RAISE AWARENESS AND FUNDS THROUGH PRIVATE AND CORPORATE DONATIONS TO LAUNCH AND SUPPORT PROGRAMS AND SERVICES FOR CHILDREN AND THEIR FAMILIES.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $792
Program Service Revenue $0
Investment Income $0
Other Revenue $-2,347
TOTAL REVENUE $-1,555

Expense Breakdown

Grants Paid $101,260
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,260
Other Expenses $267
TOTAL EXPENSES $101,527

Year-over-Year Comparison

2020 2019 Change
Revenue $-1,555 $82,639 -1.0%
Expenses $101,527 $5,474 +17.5%
Net Income $-103,082 $77,165 -2.3%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF STRIEGLE PRESIDENT/DIRECTOR 5.00
Officer Director
$0 $0 $0
NORM JELSMA VP/DIRECTOR 1.00
Officer Director
$0 $0 $0
PHILIP KOWATCH TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
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
2020 $-1,555 $101,527 $25,660 $-103,082
2019 $82,639 $5,474 $128,742 $77,165
2018 $42,667 $59,033 $51,577 $-16,366
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