Drag Racing Association of Women

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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

1985

Legal Domicile

Principal Officer

Chris Hardesty

Phone

3098253843

Tax Period

2025-01-01 to 2025-12-31

Drag Racing Association of Women, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $399K in total revenue in fiscal year 2025. The organization ran a surplus of $105K, a strong 26% operating margin.

Mission

Financial and emotional support for drag racers, crew members, and their families for death or injuries suffered while participating in the sport.

Program Service Accomplishments

Program 1

Expenses: $114,618 Revenue: $0

Financial and emotional support for drag recers, crew members, and their families for death or injuries suffered while participating in the sport. The organization assisted 22 families in 2025.

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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 (2025)

Revenue Breakdown

Contributions & Grants $162,182

Program Service Revenue $0

Investment Income $199,565

Other Revenue $37,225

TOTAL REVENUE $398,972

Expense Breakdown

Grants Paid $114,000

Salaries & Benefits $0

Fundraising Expenses $47,902

Program Expenses $114,618

Other Expenses $142,693

TOTAL EXPENSES $294,105

Year-over-Year Comparison

	2025	2024	Change
Revenue	$398,972	$376,825	+0.1%
Expenses	$294,105	$266,334	+0.1%
Net Income	$104,867	$110,491	-0.1%

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

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
Chris Hardesty	President	1.00	Officer Director	$0	$0	$0
Beth Hyatt	Vice President	1.00	Officer Director	$0	$0	$0
Vicki Aswege	Treasurer	1.00	Officer Director	$0	$0	$0
Ashley Yost	Recording Secretary	1.00	Officer Director	$0	$0	$0
Sandra Alberti	Newsletter Editor	1.00	Director	$0	$0	$0
Sarah Bishop	Area Coordinator Liaison	1.00	Director	$0	$0	$0
Debby Thompson	Historian	1.00	Director	$0	$0	$0
Yokie Van Vallis	Trustee	1.00	Director	$0	$0	$0
Steve Le Sueur	Trustee	1.00	Director	$0	$0	$0
Olan Gotcher	Membership Secretary	1.00	Director	$0	$0	$0
Connie Sutton	Trustee	1.00	Director	$0	$0	$0
Theresa Tilford	Trustee	1.00	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
2025	$398,972	$294,105	$2,118,789	$104,867
2024	$376,825	$266,334	$1,963,969	$110,491
2023	$273,072	$322,960	$1,742,966	$-49,888
2022	$314,706	$347,451	$1,654,867	$-32,745
2021	$370,833	$302,498	$1,936,106	$68,335
2020	$252,714	$228,992	$1,674,764	$23,722
2019	$302,967	$320,440	$1,901,928	$-17,473
2018	$328,558	$341,871	$1,652,256	$-13,313