Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

New York Racing Club Inc is a nonprofit organization dedicated to promoting physical fitness through various racing events, including cycling, triathlon, running, skating, and swimming. With an operating budget of $55,000 and total revenue of $48,400 for the 2024 filing year, the organization aims to develop and coach both amateur and professional athletes, provide training materials, and enhance athletic facilities. The club actively participates in the administration of racing sports to ensure safe practices and encourage community involvement. More information can be found on their website at www.nyracing.org.

Mission Statement

To encourage, promote, support physical fitness through various racing events such as cycling, triathlon, running, skating, swimming and related sports. Develop and coach both amateur and professional athletes for competition in various racing sports. Endeavor to compile for the benefit of the public training materials, race descriptions, available events, and other materials relevant to racing sports. Develop amateur athletic facilities for use by amateur athletes for training and competition in various racing events. Encourage increased participation, teach teamwork and insure the safe conduct and growth of the sport. Participate as an organization in the administration of the sport of cycling, triathlon and inline speed skating to help ensure the safe conduct and growth of the sport and to assist other concerned organizations and individuals in the development of sport.
Revenues
$48.4K
Expenses
$55K
Net Income:
-$6.6K
Assets
$7.9K
Liabilities
$14.5K
Net Assets:
-$6.6K
Operating Budget
$55K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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A
Aliaksandr Kochatau
Board Member
C
Christopher Salucci
Board Member
M
Michael Cumming
Employee

Frequently Asked Questions

What is New York Racing Club Inc’s budget?
In 2024, New York Racing Club Inc reported an annual operating budget of around $55 thousand. More detailed financial information is available to registered users.
What causes does New York Racing Club Inc support?
New York Racing Club Inc supports work in Sports.
Where does New York Racing Club Inc operate?
New York Racing Club Inc is headquartered in Brooklyn, NY.