Totals
- Total revenue
- $4,961,787
- Total expenses
- $4,195,721
- Contributions and grants received
- $4,562,246
- Grants paid
- $2,483,751
- Program service revenue
- $0
- Investment income
- $340,509
- Other revenue
- $59,032
- Total assets, end of year
- $7,053,779
- Total liabilities, end of year
- $368,005
- Net assets or fund balances, end of year
- $6,685,774
- Program services expenses (Part IX)
- $3,274,818
- Management and general expenses
- $315,723
- Fundraising expenses
- $605,180
- Program service expenses (Part III)
- $3,274,818
Program services were 78.1% 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.
-
1c · Fundraising events
$490,303
-
1f · All other contributions, gifts and grants
$4,071,943
-
1g · Noncash contributions included above
$471,533
-
4 · Income from investment of tax-exempt bond proceeds
total $340,509 · excluded $340,509
-
8a · Fundraising events: gross income
$22,000
-
8a · Fundraising events: contributions included on line 1c
$490,303
-
8b · Fundraising events: direct expenses
$104,957
-
8c · Net income from fundraising events
total -$82,957 · excluded -$82,957
-
9a · Gaming: gross income
$280,426
-
9b · Gaming: direct expenses
$138,437
-
9c · Net income from gaming
total $141,989 · excluded $141,989
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,478,901 · program services $2,478,901
-
2 · Grants to domestic individuals
total $4,850 · program services $4,850
-
5 · Compensation of officers, directors and key employees
total $226,333 · program services $226,333
-
7 · Other salaries and wages
total $454,710 · program services $31,778 · management and general $206,448 · fundraising $216,484
-
8 · Pension plan contributions
total $23,435 · program services $8,225 · management and general $7,585 · fundraising $7,625
-
9 · Other employee benefits
total $65,849 · program services $26,204 · management and general $16,294 · fundraising $23,351
-
10 · Payroll taxes
total $47,621 · program services $18,339 · management and general $14,464 · fundraising $14,818
-
11c · Fees: accounting
total $56,109 · program services $22,200 · management and general $13,930 · fundraising $19,979
-
11g · Fees: other
total $727 · program services $727
-
12 · Advertising and promotion
total $492,581 · program services $301,246 · management and general $7,886 · fundraising $183,449
-
13 · Office expenses
total $174,171 · program services $62,928 · management and general $21,470 · fundraising $89,773
-
14 · Information technology
total $77,451 · program services $21,068 · management and general $15,283 · fundraising $41,100
-
17 · Travel
total $85,982 · program services $69,759 · management and general $10,198 · fundraising $6,025
-
23 · Insurance
total $5,555 · program services $2,222 · management and general $1,389 · fundraising $1,944
-
24e · All other expenses
total $1,446 · program services $38 · management and general $776 · fundraising $632
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,764,541 · end of year $3,692,923
-
2 · Savings and temporary cash investments
beginning of year $3,161,101 · end of year $3,256,388
-
3 · Pledges and grants receivable
beginning of year $294,767 · end of year $83,360
-
9 · Prepaid expenses and deferred charges
beginning of year $2,017 · end of year $4,846
-
15 · Other assets
beginning of year $104,698 · end of year $16,262
-
17 · Accounts payable and accrued expenses
beginning of year $180,718 · end of year $162,418
-
19 · Deferred revenue
beginning of year $226,698 · end of year $205,587
-
27 · Net assets without donor restrictions
beginning of year $5,153,960 · end of year $5,770,951
-
28 · Net assets with donor restrictions
beginning of year $765,748 · end of year $914,823
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
TO IMPROVE THE LIVES OF CHILDREN WHO NEED IT MOST IN OUR NASCAR COMMUNITIES
-
SEE SCHEDULE O
Expenses $1,806,309 · Grants $1,542,701
-
SEE SCHEDULE O
Expenses $286,687 · Grants $205,000
-
COMMUNITY SUPPORT: THE NASCAR FOUNDATION EMBODIES THE SPIRIT OF THE NASCAR INDUSTRY AND ENSURES IMPACT WITHIN THE NASCAR RACING COMMUNITIES. THROUGH AT-TRACK PROGRAMS FOR LOCAL CHARITIES, TRACK PARTNERS WITH DONOR ADVISED FUNDS, AND CHARITABLE CONTRIBUTIONS TO INITIATIVES OF IMPORTANCE AND SIGNIFICANCE TO OUR RACING FAMILY, WE ARE ABLE TO IMPROVE THE LIVES OF CHILDREN WHO NEED IT MOST IN COMMUNITIES WHERE NASCAR LIVES, WORKS, AND RACES.
Expenses $1,181,822 · Grants $736,051
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mike HeltonMIKE HELTON
CHAIRMAN/PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Lesa KennedyLESA KENNEDY
VICE CHAIRPERSON/DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer France BatesJENNIFER FRANCE BATES
VICE CHAIRPERSON/SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Susan SchandelSUSAN SCHANDEL
TREASURER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Hurley HaywoodHURLEY HAYWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer SiegelJENNIFER SIEGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Harold GoodemoteHAROLD GOODEMOTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rusty WallaceRUSTY WALLACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Stu GrantSTU GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Glenn RitcheyGLENN RITCHEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Katie PalmerKATIE PALMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Peter JungPETER JUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Larry WoodardLARRY WOODARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Charlie LyedeckerCHARLIE LYEDECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Randy DyeRANDY DYE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Andrea BrimmerANDREA BRIMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chris RiceCHRIS RICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nichole KriegerNICHOLE KRIEGER
EXECUTIVE DIRECTOR
- Total calculated
- $226,333
- From this org
- $211,393
- From related orgs
- $0
- Other
- $14,940
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,465
- Bonus
- $30,742
- Other
- $9,186
- Deferred
- $8,344
- Nontaxable benefits
- $6,596
- Filer's total
- $226,333
-
Jennifer QuattrocchiJENNIFER QUATTROCCHI
SR. DIRECTOR
- Total calculated
- $120,263
- From this org
- $112,554
- From related orgs
- $0
- Other
- $7,709
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE EXECUTIVE DIRECTOR IS ELIGIBLE FOR INCENTIVE COMPENSATION. THIS COMPENSATION IS BASED ON QUALITATIVE AND QUANTITATIVE GOALS OF THE ORGANIZATION AND THE ACHIEVEMENT OF THESE GOALS BY THE ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
PROGRAM SUPPORT
-
PROGRAM SUPPORT
-
$100,186
PROGRAM SUPPORT
-
$100,000
PROGRAM SUPPORT
-
SHRINERS HOSPITAL FOR CHILDREN
$86,799
PROGRAM SUPPORT
-
PROGRAM SUPPORT
-
PROGRAM SUPPORT
-
$57,500
PROGRAM SUPPORT
-
$50,000
PROGRAM SUPPORT
-
GREATER CHICAGO FOOD DEPOSITORY
$50,000
PROGRAM SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402499349301205
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.