What the amendment changed
Compared with the return it replaced , filed 11 May 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $0 changed to $759,873
- Total expenses
- $0 changed to $743,319
- Contributions and grants received
- $0 changed to $734,835
- Grants paid
- $0 changed to $278,041
- Investment income
- $0 changed to $23,558
- Other revenue
- $0 changed to $1,480
- Total assets, end of year
- $161,073 changed to $296,333
- Total liabilities, end of year
- $0 changed to $118,706
- Net assets or fund balances, end of year
- $161,073 changed to $177,627
- Program services expenses
- $0 changed to $743,319
- Program service expenses (Part III)
- not reported changed to $743,319
Totals
- Total revenue
- $759,873
- Total expenses
- $743,319
- Contributions and grants received
- $734,835
- Grants paid
- $278,041
- Program service revenue
- $0
- Investment income
- $23,558
- Other revenue
- $1,480
- Total assets, end of year
- $296,333
- Total liabilities, end of year
- $118,706
- Net assets or fund balances, end of year
- $177,627
- Program services expenses (Part IX)
- $743,319
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $743,319
Program services were 100.0% 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
$734,835
-
1g · Noncash contributions included above
$43,358
-
3 · Investment income
total $2 · related or exempt $2
-
7a · Gross sales of assets other than inventory
other assets $80,445
-
7b · Less cost or other basis and sales expenses
other assets $56,889
-
7c · Gain or loss
other assets $23,556
-
7d · Net gain or loss
total $23,556 · related or exempt $23,556
-
11a · Other revenue: OTHER INCOME
total $1,480 · related or exempt $1,480
-
11e · Other revenue, total
$1,480
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $236,041 · program services $236,041
-
2 · Grants to domestic individuals
total $42,000 · program services $42,000
-
11b · Fees: legal
total $267 · program services $267
-
11c · Fees: accounting
total $2,644 · program services $2,644
-
11g · Fees: other
total $51,200 · program services $51,200
-
12 · Advertising and promotion
total $104,937 · program services $104,937
-
13 · Office expenses
total $95 · program services $95
-
17 · Travel
total $7,296 · program services $7,296
-
19 · Conferences, conventions and meetings
total $21,508 · program services $21,508
-
20 · Interest
total $6,068 · program services $6,068
-
22 · Depreciation, depletion and amortization
total $53,505 · program services $53,505
-
23 · Insurance
total $25,996 · program services $25,996
-
24a · Other expenses: RACING - TRACK COSTS/GA
total $75,793 · program services $75,793
-
24b · Other expenses: RACING - EQUIPMENT AND
total $70,874 · program services $70,874
-
24c · Other expenses: AUTO AND TRAILER
total $22,620 · program services $22,620
-
24d · Other expenses: RACING - MATERIALS AND
total $9,807 · program services $9,807
-
24e · All other expenses
total $12,668 · program services $12,668
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,231 · end of year $35,222
-
2 · Savings and temporary cash investments
beginning of year $47,752 · end of year $5,001
-
10a · Land, buildings and equipment: cost or other basis
$338,633
-
10b · Land, buildings and equipment: accumulated depreciation
$82,523
-
10c · Land, buildings and equipment, net
beginning of year $152,870 · end of year $256,110
-
23 · Secured mortgages and notes payable
beginning of year $46,780 · end of year $118,706
-
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 $161,073 · end of year $177,627
Mission and programs · 2022
Mission
TO RAISE FUNDS AND AWARENESS FOR RESEARCH AND TREATMENT OF MOTOR NEURON DISEASE (ALS).
-
DURING CALENDAR YEAR 2021 RACING FOR ALS, INC. ADMINISTERED GRANTS IN SUPPORT AND CARE OF INDIVIDUALS WITH ALS.
Expenses $743,319 · Grants $278,041
As filed on the 2022 return.
Listed in Part VII
-
Scott LloydSCOTT LLOYD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Cameron SingletonCAMERON SINGLETON
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Marya LloydMARYA LLOYD
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
David Lloyd JrDAVID LLOYD JR
TREASURER
- Total calculated
- $0
- Hours/week
- 5
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 22 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301679349300020
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