MOTORCYCLE SAFETY LEAGUE OF VA

EIN: 541255996 501(c)(3)

ASHLAND, VA

Total Revenue
$19,756
Total Expenses
$282,167
Total Assets
$186,727
Net Assets
$186,059
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
VA
Principal Officer
CUNDIFF H SIMMONS
Phone
8043688614
Tax Period
2024-01-01 to 2024-12-31

Motorcycle Safety League of Virginia Inc, founded in 1984, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2018.

Mission

PARTIALLY ADMINISTER THE VA RIDER TRAINING PROGRAM, TRAINING AND REVIEWING INSTRUCTORS AND SUPPLYING EQUIPMENT TO ENSURE THE HIGHEST QUALITY OF EDUCATION FOR NOVICE TO EXPERIENCED RIDERS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $11,324
Investment Income $8,432
Other Revenue $0
TOTAL REVENUE $19,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,303
Fundraising Expenses $0
Program Expenses $250,561
Other Expenses $158,864
TOTAL EXPENSES $282,167

Year-over-Year Comparison

2024 2023 Change
Revenue $19,756 $32,514 -0.4%
Expenses $282,167 $252,623 +0.1%
Net Income $-262,411 $-220,109 +0.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
2
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
1
$71,000
Total Directors
2
$111,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CUNDIFF H SIMMONS PRESIDENT 1.00
Officer Director
$71,000 $0 $71,000
FRED W AUSTIN CEO 1.00
Director
$40,000 $0 $40,000
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
2024 $19,756 $282,167 $186,727 $-262,411
2023 $32,514 $252,623 $450,855 $-220,109
2022 $219,591 $320,056 $672,594 $-100,465
2021 $431,324 $386,277 $770,250 $45,047
2020 $709,185 $581,444 $817,396 $127,741
2019 $1,060,781 $990,605 $608,006 $70,176
2018 $1,010,148 $1,074,496 $545,808 $-64,348
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