Skip to content
Nonprofiteer
← KYLE PETTY CHARITY RIDE TRUST INC

Form 990 for tax year 2025

Filed by KYLE PETTY CHARITY RIDE TRUST INC.

Totals

Total revenue
$368,659
Total expenses
$38,374
Contributions and grants received
$32,000
Grants paid
$0
Program service revenue
$0
Investment income
$336,659
Other revenue
$0
Total assets, end of year
$8,107,736
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$8,107,736
Program services expenses (Part IX)
$0
Management and general expenses
$38,374
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $32,000

  • 3 · Investment income

    total $336,196 · excluded $336,196

  • 7a · Gross sales of assets other than inventory

    securities $930,000

  • 7b · Less cost or other basis and sales expenses

    securities $929,537

  • 7c · Gain or loss

    securities $463

  • 7d · Net gain or loss

    total $463 · excluded $463

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $37,116 · management and general $37,116

  • 24a · Other expenses: OTHER ADMIN EXPENSES

    total $1,258 · management and general $1,258

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,876 · end of year $2,618

  • 11 · Investments: publicly traded securities

    beginning of year $7,178,079 · end of year $8,105,118

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $7,181,955 · end of year $8,107,736

Mission and programs · 2025

Mission

TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.

  • TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.

As filed on the 2025 return.

Listed in Part VII

  • Kyle Petty

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Terry Campbell

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Morri Irvin

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Mike Heafner

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dr David Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Vic Misenheimer

    ASSISANT SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • John Christner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • George Cable

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Gurley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jason Manafort

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Justin Manafort

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
24 April 2026
IRS schema version
2025v4.1
Source object
202601149349301750

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.