MOTORSPORTS CHARITIES INC (EIN 300337745) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

MIKE HELTON

Phone

3863105885

Tax Period

2024-01-01 to 2024-12-31

MOTORSPORTS CHARITIES INC, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.3M in total revenue in fiscal year 2024. The organization ran a surplus of $831K, a strong 16% operating margin.

Mission

TO IMPROVE THE LIVES OF CHILDREN WHO NEED IT MOST IN OUR NASCAR COMMUNITIES

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,837,996

Program Service Revenue $0

Investment Income $389,565

Other Revenue $76,304

TOTAL REVENUE $5,303,865

Expense Breakdown

Grants Paid $2,627,259

Salaries & Benefits $868,854

Fundraising Expenses $592,053

Program Expenses $3,466,058

Other Expenses $976,257

TOTAL EXPENSES $4,472,370

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,303,865	$4,961,787	+0.1%
Expenses	$4,472,370	$4,195,721	+0.1%
Net Income	$831,495	$766,066	+0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

842

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

Total Directors

Key Employees

$267,112

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE HELTON	CHAIRMAN/PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER FRANCE BATES	VICE CHAIRPERSON/SECRETARY	2.00	Officer Director	$0	$0	$0
SUSAN SCHANDEL	TREASURER/DIRECTOR	4.00	Officer Director	$0	$0	$0
LESA KENNEDY	VICE CHAIRPERSON/DIRECTOR	2.00	Director	$0	$0	$0
ANDREA BRIMMER	DIRECTOR	2.00	Director	$0	$0	$0
RANDY DYE	DIRECTOR	2.00	Director	$0	$0	$0
HAROLD GOODEMOTE	DIRECTOR	2.00	Director	$0	$0	$0
STU GRANT	DIRECTOR	2.00	Director	$0	$0	$0
HURLEY HAYWOOD	DIRECTOR	2.00	Director	$0	$0	$0
PETER JUNG	DIRECTOR	2.00	Director	$0	$0	$0
CHARLIE LYEDECKER	DIRECTOR	2.00	Director	$0	$0	$0
KATIE PALMER	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS RICE	DIRECTOR	2.00	Director	$0	$0	$0
GLENN RITCHEY	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER SIEGEL	DIRECTOR	2.00	Director	$0	$0	$0
RUSTY WALLACE	DIRECTOR	2.00	Director	$0	$0	$0
LARRY WOODARD	DIRECTOR	2.00	Director	$0	$0	$0
NICHOLE KRIEGER	EXECUTIVE DIRECTOR	40.00	Key Emp	$246,576	$20,536	$267,112
JENNIFER QUATTROCCHI	SENIOR DIRECTOR	40.00	Highest	$120,598	$9,105	$129,703

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	$5,303,865	$4,472,370	$7,885,256	$831,495
2023	$4,961,787	$4,195,721	$7,053,779	$766,066
2022	$3,918,753	$3,271,013	$6,327,124	$647,740
2021	$4,114,172	$2,783,767	$5,712,174	$1,330,405
2020	$2,724,487	$2,195,166	$4,126,930	$529,321
2019	$3,248,694	$2,782,005	$3,765,213	$466,689
2018	$3,639,592	$3,031,121	$3,168,155	$608,471

MOTORSPORTS CHARITIES INC