SPORTS CAR CLUB OF AMERICA FOUNDATION INC (EIN 742442065) - 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

1986

Legal Domicile

Phone

7853577222

Tax Period

2024-01-01 to 2024-12-31

SPORTS CAR CLUB OF AMERICA FOUNDATION INC, founded in 1986, is a small nonprofit that reported $267K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 25% operating margin.

Mission

Create, develop and faciliate programs in education, research and community outreach that foster an awareness and an all-encompassing knowledge of automotive and competitive motorsport activity.

🔒

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 $179,430

Program Service Revenue $0

Investment Income $9,171

Other Revenue $78,741

TOTAL REVENUE $267,342

Expense Breakdown

Grants Paid $129,142

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,041

Other Expenses $71,957

TOTAL EXPENSES $201,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,342	$155,714	+0.7%
Expenses	$201,099	$158,444	+0.3%
Net Income	$66,243	$-2,730	-25.3%

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

N/A

Volunteers

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF JACOBS	Chairman	5.00	Officer Director	$0	$0	$0
RALEIGH BOREEN	Director	5.00	Director	$0	$0	$0
TERE PULLIAM	Director	5.00	Director	$0	$0	$0
BOB EDDY	Director	5.00	Director	$0	$0	$0
VELMA BOREEN	Secretary	5.00	Officer Director	$0	$0	$0
HOWARD DUNCAN	Director	5.00	Director	$0	$0	$0
JIM WEIDENBAUM	Director	5.00	Director	$0	$0	$0
ARNOLD COLEMAN	Executive Dir.	5.00	Officer	$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
2024	$267,342	$201,099	$399,381	$66,243
2021	$205,588	$132,921	$415,788	$72,667
2018	$214,985	$130,687	$328,376	$84,298

SPORTS CAR CLUB OF AMERICA FOUNDATION INC