Western Colorado Drag Racing Assn Inc

EIN: 841301908

Clifton, CO

Total Revenue
$431,421
Total Expenses
$458,994
Total Assets
$161,496
Net Assets
$160,616
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CO
Principal Officer
Jeremy Styers
Phone
9702439486
Tax Period
2024-01-01 to 2024-12-31

Western Colorado Drag Racing Assn Inc, founded in 1996, is a small nonprofit that reported $431K in total revenue in fiscal year 2024.

Mission

Drag racing events

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $57,823
Program Service Revenue $370,496
Investment Income $21
Other Revenue $3,081
TOTAL REVENUE $431,421

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,411
Fundraising Expenses $0
Program Expenses $444,467
Other Expenses $332,583
TOTAL EXPENSES $458,994

Year-over-Year Comparison

2024 2023 Change
Revenue $431,421 $423,170 +0.0%
Expenses $458,994 $455,233 +0.0%
Net Income $-27,573 $-32,063 -0.1%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
43
Volunteers
25

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
0
$0
Total Directors
3
$913
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeremy Styers Director 10.00
Director
$913 $0 $913
Danica Stewart Director 10.00
Director
$0 $0 $0
Scott White Director 10.00
Director
$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 $431,421 $458,994 $161,496 $-27,573
2023 $423,170 $455,233 $189,988 $-32,063
2022 $452,094 $412,164 $221,188 $39,930
2021 $377,823 $337,109 $253,268 $40,714
2020 $261,272 $226,785 $213,406 $34,487
2019 $379,488 $353,885 $178,991 $25,603
2018 $374,621 $323,039 $157,687 $51,582
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Western Colorado Drag Racing Assn Inc with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.