MOTORCYCLE ROADRACING ASSOCIATION INC

EIN: 841125508 Recreation & Sports

GREENWOOD VILLAGE, CO

Total Revenue
$336,507
Total Expenses
$335,087
Total Assets
$72,417
Net Assets
$72,411
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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
1989
Legal Domicile
CO
Phone
3038103960
Tax Period
2023-01-01 to 2023-12-31

MOTORCYCLE ROADRACING ASSOCIATION INC, founded in 1989, is a small nonprofit in the Recreation & Sports sector that reported $337K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE AND FOSTER ADVANCEMENT, APPRECIATION, AND PERPETUATION OF SAFE, INEXPENSIVE AND COMPTETATIVE MOTORCYCLE ROADRACING EVENTS IN THE ROCKY MOUNTAIN REGION.

Program Service Accomplishments

Program 1

PROVIDED RACING AT AN INEXPENSIVE COSTS TO MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,483
Program Service Revenue $302,886
Investment Income $123
Other Revenue $12,015
TOTAL REVENUE $336,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,630
Fundraising Expenses $0
Other Expenses $299,457
TOTAL EXPENSES $335,087

Year-over-Year Comparison

2023 2022 Change
Revenue $336,507 $296,759 +0.1%
Expenses $335,087 $302,090 +0.1%
Net Income $1,420 $-5,331 -1.3%
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
N/A
Employees
N/A
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
14
$35,630
Total Directors
6
$24,315
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Terranami President 0.00
Officer Director
$6,265 $0 $6,265
BOB HASENHUNDL Vice President 0.00
Officer Director
$4,825 $0 $4,825
TERRI THOMPSON Secretary 0.00
Officer Director
$4,660 $0 $4,660
Noel Ross Treasurer 0.00
Officer
$4,625 $0 $4,625
Catherine Rayburn RIDER REP 0.00
Officer Director
$4,300 $0 $4,300
DAN SPURLOCK NEW RIDER DIREC 0.00
Officer Director
$3,815 $0 $3,815
Santiago Shirtz VP RULES 0.00
Officer
$3,010 $0 $3,010
BLAIR HARNESS RIDER REPRESENT 0.00
Officer
$1,170 $0 $1,170
Codey Chewning RIDER REP 0.00
Officer
$935 $0 $935
DENNIS STOWERS RIDER REP 0.00
Officer
$810 $0 $810
JARED DEAR RIDER REP 0.00
Officer Director
$450 $0 $450
ERIK MAXWELL RIDER REPRESENT 0.00
Officer
$435 $0 $435
JOHN MCKOWN RACE DIRECTOR 0.00
Officer
$240 $0 $240
Timothy David RIDER REP 0.00
Officer
$90 $0 $90
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 No data No data No data No data
2023 $336,507 $335,087 $72,417 $1,420
2022 $296,759 $302,090 $70,994 $-5,331
2021 $283,105 $275,253 $76,322 $7,852
2019 $318,724 $306,218 $85,204 $12,506
2018 $316,239 $322,637 $72,698 $-6,398
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