Cadillac V-Club Inc

EIN: 883941251

AUSTIN, TX

Total Revenue
$221,779
Total Expenses
$213,589
Total Assets
$121,691
Net Assets
$115,042
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
Mike Franks
Phone
2064568249
Tax Period
2025-01-01 to 2025-12-31

Cadillac V-Club Inc, founded in 2022, is a small nonprofit that reported $222K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. Expenses of $214K left a modest 4% surplus.

Mission

This is a social club for owners of Cadillac V-Series limited production vehicles with the purpose of bringing members together as a community for learning sport and general outreach to those interested in the automobile experiences who may be interested in what this particular type of Cadillac has to offer.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $59,200

SPECIAL EVENTS: The Cadillac V-Club programs SPECIAL EVENTS around the United States mostly at racetracks. Members and some guests attending contribute about one-third of the cost membership and...

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SPECIAL EVENTS: The Cadillac V-Club programs SPECIAL EVENTS around the United States mostly at racetracks. Members and some guests attending contribute about one-third of the cost membership and sponsor fees provide most of remainder funding. Attendees learn automotive technical and driving skills and share social interactions.

Program 2
Expenses: $0 Revenue: $8,877

FORMAL EVENTS: The Cadillac V-Club programs four Quarterly and Annual FORMAL EVENTS at our 22 chapters around the United States. We have approximately 1000 members and about 1 4 will regularly...

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FORMAL EVENTS: The Cadillac V-Club programs four Quarterly and Annual FORMAL EVENTS at our 22 chapters around the United States. We have approximately 1000 members and about 1 4 will regularly attend. Last year 138 Formal Events were held in museums car shops parks scenic locations restaurants etc. Chapter Directors at the 22 locations scheduled and promoted the events invited their chapter members and paid for the venue costs such as entrance fees meals. Payments were all made using the clubs Chase credit card. The costs for these events are subsidized mostly by membership and sponsorships. These events are where the greatest interaction takes place for club 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 (2025)

Revenue Breakdown

Contributions & Grants $160,100
Program Service Revenue $68,087
Investment Income $0
Other Revenue $-6,408
TOTAL REVENUE $221,779

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $213,589
TOTAL EXPENSES $213,589

Year-over-Year Comparison

2025 2024 Change
Revenue $221,779 $245,468 -0.1%
Expenses $213,589 $200,667 +0.1%
Net Income $8,190 $44,801 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Franks Director Chairman 50.00
Director
$0 $0 $0
Chance Browning Officer Vice President CMO 30.00
Officer
$0 $0 $0
Douglas Cornelius Officer Vice President CFO 30.00
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
2025 $221,779 $213,589 $121,691 $8,190
2024 $245,468 $200,667 $133,701 $44,801
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