Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

2010

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Zone 2 Porsche Club of America Inc, with EIN 27-1979520, is a nonprofit organization dedicated to providing driver education and club racing activities to its members and the general public. With an operating budget of $143.8K and total revenue of $125.1K for the filing year 2024, the organization aims to enhance driving skills and safety through structured learning environments, while also supporting various 501(c)(3) organizations with proceeds from its events. More information can be found on their website at http://zone2.pca.org/.

Mission Statement

THE ORGANIZATION PROVIDES DRIVER EDUCATION TO MEMBERS OF THE PORSCHE CLUB OF AMERICA AND THE GENERAL PUBLIC AND CLUB RACING ACTIVITIES TO MEMBERS OF THE PORSCHE CLUB OF AMERICA. THE GOAL OF THE DRIVER'S EDUCATION PROGRAM IS TO PROVIDE A SAFE AND STRUCTURED LEARNING ENVIRONMENT WHERE PARTICIPANTS CAN IMPROVE THEIR DRIVING ABILITIES AND ACQUIRE A BETTER UNDERSTANDING OF THEIR VEHICLE DYNAMICS AND DRIVING SAFETY. EDUCATION EVENTS RESULT IN IMPROVED DRIVING SKILLS ON THE PUBLIC ROADS, WHICH RESULT IN GREATER PUBLIC SAFETY IN FURTHERANCE OF THE ORGANIZATION'S EXEMPT PURPOSE.OUR EVENTS ARE OPEN TO THE PUBLIC, INCLUDING CLASSROOM INSTRUCTION, WITHOUT ANY FEES. THE FEES WE CHARGE ARE FOR REGISTERED PARTICIPANTS WHO WILL BE DRIVING ON THE TRACK AND PARTICIPATING IN ALL ACTIVITIES. PARADE LAPS AND TASTE OF THE TRACK ALLOW PARTICIPANTS TO DRIVE AROUND THE RACE TRACK. PROCEEDS FROM THESE EVENTS ARE EARMARKED FOR DONATION TO VARIOUS 501(C)(3) ORGANIZATIONS.
Revenues
$125.1K
Expenses
$180.1K
Net Income:
-$55K
Assets
$0
Liabilities
$0
Net Assets:
+$0
Operating Budget
$143.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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R
Robert Balascio
Board Member
G
George Michaels
Board Member
P
Phil Grandfield
Board Member

Frequently Asked Questions

What is ZONE 2 PORSCHE CLUB OF AMERICA INC’s budget?
In 2024, ZONE 2 PORSCHE CLUB OF AMERICA INC reported an annual operating budget of around $144 thousand. More detailed financial information is available to registered users.
What causes does ZONE 2 PORSCHE CLUB OF AMERICA INC support?
ZONE 2 PORSCHE CLUB OF AMERICA INC supports work in Clubs.
Where does ZONE 2 PORSCHE CLUB OF AMERICA INC operate?
ZONE 2 PORSCHE CLUB OF AMERICA INC is headquartered in WILLIAMSBURG, VA.