RACE TEAM ALLIANCE INC

EIN: 611750702

CHARLOTTE, NC

Total Revenue
$1,173,628
Total Expenses
$1,185,963
Total Assets
$352,352
Net Assets
$206,724
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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
2014
Legal Domicile
DE
Principal Officer
JONATHAN MARSHALL
Phone
7032019651
Tax Period
2024-01-01 to 2024-12-31

RACE TEAM ALLIANCE INC, founded in 2014, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PRESERVE, PROMOTE, AND GROW THE SPORT OF STOCK CAR RACING AND ADVANCE THE LONG-TERM INTERESTS OF THE RACING TEAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,170,000
Investment Income $15
Other Revenue $3,613
TOTAL REVENUE $1,173,628

Expense Breakdown

Grants Paid $0
Salaries & Benefits $606,705
Fundraising Expenses $0
Other Expenses $579,258
TOTAL EXPENSES $1,185,963

Year-over-Year Comparison

2024 2023 Change
Revenue $1,173,628 $1,062,041 +0.1%
Expenses $1,185,963 $1,096,653 +0.1%
Net Income $-12,335 $-34,612 -0.6%
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
10
Independent Members
10
Employees
4
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
2
$434,599
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE J GIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT I KAUFFMAN CHAIRMAN 4.00
Officer Director
$0 $0 $0
RICHARD R CHILDRESS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD L PETTY BOARD MEMBER 1.00
Director
$0 $0 $0
JACK ROUSH BOARD MEMBER 1.00
Director
$0 $0 $0
JOE CUSTER BOARD MEMBER 1.00
Director
$0 $0 $0
TAD GESCHICKTER BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF GORDON BOARD MEMBER 1.00
Director
$0 $0 $0
WALTER CZARNECKI BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER GIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF DICKERSON BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN MARSHALL EXECUTIVE DIRECTOR 50.00
Officer
$434,599 $0 $434,599
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 $1,173,628 $1,185,963 $352,352 $-12,335
2023 $1,062,041 $1,096,653 $432,581 $-34,612
2022 $1,005,147 $1,034,990 $302,400 $-29,843
2021 $607,421 $673,286 $304,867 $-65,865
2020 $1,087,550 $910,438 $347,982 $177,112
2019 $1,219,195 $1,081,792 $245,672 $137,403
2018 $1,005,000 $1,060,452 $127,655 $-55,452
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