Motorsport Safety Foundation Corp C/O Cisneros Ventures

EIN: 464319283 501(c)(3)

CORAL GABLES, FL

Total Revenue
$232,218
Total Expenses
$232,292
Total Assets
$19,240
Net Assets
$17,082
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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
2013
Legal Domicile
FL
Principal Officer
HENRIQUE CISNEROS
Phone
3053555110
Tax Period
2018-01-01 to 2018-12-31

Motorsport Safety Foundation Corp C/O Cisneros Ventures, founded in 2013, is a small nonprofit that reported $232K in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year.

Mission

The Motorsport Safety Foundation is a nonprofit organization dedicated to improving safety standards in motorsport.

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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 (2018)

Revenue Breakdown

Contributions & Grants $181,620
Program Service Revenue $50,598
Investment Income $0
Other Revenue $0
TOTAL REVENUE $232,218

Expense Breakdown

Grants Paid $0
Salaries & Benefits $100,020
Fundraising Expenses $330
Program Expenses $41,315
Other Expenses $132,272
TOTAL EXPENSES $232,292

Year-over-Year Comparison

2018 2017 Change
Revenue $232,218 $246,632 -0.1%
Expenses $232,292 $254,551 -0.1%
Net Income $-74 $-7,919 -1.0%
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
2
Independent Members
2
Employees
N/A
Volunteers
1

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENRIQUE J CISNEROS CHAIRMAN & PRESIDENT 15.0
Officer Director
$0 $0 $0
MARK LOPEZ SECRETARY 1.5
Officer Director
$0 $0 $0
SCOT ELKINS CHIEF OPERATING OFFICER 30.0
Highest
$100,020 $0 $100,020
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
2018 $232,218 $232,292 $19,240 $-74
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