NATIONAL HOT ROD ASSOCIATION (EIN 951686172) - Form 990 Financial Analysis & Trantor Score

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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

1951

Legal Domicile

Principal Officer

PETER CLIFFORD

Phone

6269144761

Tax Period

2023-01-01 to 2023-12-31

NATIONAL HOT ROD ASSOCIATION, founded in 1951, is a mid-sized nonprofit that reported $99.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $94.1M left a modest 5% surplus.

Mission

PRESERVE AND PROMOTE THE SPORT OF DRAG RACING AND IMPROVE SAFETY IN THE SPORT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $350,000

Program Service Revenue $93,074,976

Investment Income $1,160,556

Other Revenue $4,651,375

TOTAL REVENUE $99,236,907

Expense Breakdown

Grants Paid $10,405

Salaries & Benefits $23,814,018

Fundraising Expenses $0

Other Expenses $70,250,400

TOTAL EXPENSES $94,074,823

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,236,907	$88,809,883	+0.1%
Expenses	$94,074,823	$82,386,401	+0.1%
Net Income	$5,162,084	$6,423,482	-0.2%

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

Governance

Voting Members

Independent Members

Employees

1128

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

$1,875,131

Total Directors

$1,834,331

Key Employees

$404,240

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN CROMWELL	PRESIDENT	40.00	Officer Director	$897,135	$42,495	$939,630
PETER CLIFFORD	CEO/BOARD CHAIRMAN	40.00	Officer Director	$640,140	$29,561	$669,701
MICHAEL COHEN	BOARD MEMBER	1.00	Director	$75,000	$0	$75,000
EDWIN DESSER	SECRETARY	1.00	Officer Director	$75,000	$0	$75,000
LEE ANN GLIHA	BOARD MEMBER	1.00	Director	$75,000	$0	$75,000
CHEYENNE HUANG	ACTING TREASURER	40.00	Officer	$179,776	$11,024	$190,800
JOSHUA PETERSON	VP RACING ADMINISTRATION	40.00	Key Emp	$372,713	$31,527	$404,240
LINDA LOUIE	VP & GENERAL COUNSEL	40.00	Highest	$915,126	$57,757	$972,883
BRADLEY GERBER	VP SALES & CHIEF DVPMT	40.00	Highest	$692,429	$13,934	$706,363
NED WALLISER	VP COMPETITION	40.00	Highest	$372,491	$57,121	$429,612
STEPHEN REINTJES	VP BROADCASTING	40.00	Highest	$289,004	$53,049	$342,053
EVAN JONAT	VP LIVE EVENTS	40.00	Highest	$268,544	$54,467	$323,011
GRAHAM LIGHT	FORMER SECRETARY	1.00		$166,684	$0	$166,684

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	$99,236,907	$94,074,823	$80,100,080	$5,162,084
2022	$88,809,883	$82,386,401	$70,216,676	$6,423,482
2021	$84,074,162	$68,553,944	$60,527,116	$15,520,218
2020	$39,532,721	$47,413,520	$40,984,221	$-7,880,799
2019	$93,599,685	$92,842,161	$50,623,778	$757,524
2018	$97,029,313	$95,529,410	$49,990,171	$1,499,903

NATIONAL HOT ROD ASSOCIATION