Form 990 for tax year 2024
Filed by PORSCHE CLUB OF AMERICA PEACHSTATE REGION INC.
Totals
- Total revenue
- $439,799
- Total expenses
- $414,845
- Contributions and grants received
- $2,112
- Grants paid
- $5,803
- Program service revenue
- $416,947
- Investment income
- $20,725
- Other revenue
- $15
- Total assets, end of year
- $434,264
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $434,264
- Program services expenses (Part IX)
- $409,386
- Management and general expenses
- $5,459
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $409,386
Program services were 98.7% 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
$2,112
-
2a · Program service revenue: Track Events
total $271,805 · related or exempt $271,805
-
2b · Program service revenue: Membership
total $49,017 · related or exempt $49,017
-
2c · Program service revenue: Autocross
total $32,252 · related or exempt $32,252
-
2d · Program service revenue: Rennfest
total $25,037 · related or exempt $25,037
-
2e · Program service revenue: Driving Tours
total $16,288 · related or exempt $16,288
-
2f · All other program service revenue
total $22,548 · related or exempt $19,173 · unrelated business $3,375
-
3 · Investment income
total $20,725 · excluded $20,725
-
11a · Other revenue: Miscellaneous Income
total $15 · related or exempt $15
-
11e · Other revenue, total
$15
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,803 · program services $5,803
-
13 · Office expenses
total $5,459 · management and general $5,459
-
19 · Conferences, conventions and meetings
total $393,541 · program services $393,541
-
24a · Other expenses: Publication - Presse
total $9,965 · program services $9,965
-
24b · Other expenses: Miscellaneous Expense
total $77 · program services $77
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25,571 · end of year $43,448
-
2 · Savings and temporary cash investments
beginning of year $394,920 · end of year $387,743
-
10a · Land, buildings and equipment: cost or other basis
$3,154
-
10b · Land, buildings and equipment: accumulated depreciation
$631
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $2,523
-
15 · Other assets
end of year $550
-
25 · Other liabilities
beginning of year $11,181 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $409,310 · end of year $434,264
Mission and programs · 2024
Mission
Our main mission is to enhance the Porsche ownership and driving experience. We achieve this by meeting several objectives, including promoting the highest standards of courtesy and safety on the roads, fostering goodwill and fellowship among Porsche owners, maintaining the highest standards of operation and performance, establishing mutually beneficial relationships with Porsche dealers, the factory and other service sources, exchanging ideas with other Porsche clubs throughout the world, and establishing mutually cooperative relationships with other sports car clubs.
Activities or mission (Part I)
To cater to the particular needs and interests of the Porsche owner.
-
The Organization conducts numerous track and driving activities as outlined below:(1) Porsche Club race is an annual event held at Road Atlanta Speedway. The activity includes sprint races and 90-minute "Peachstate 225 Endurance Races." Additionally, we offer driver education classes to both members and the public. Our goal is to increase awareness of driver safety standards through education and training. This program provides a safe and structured environment for participants to experience high-speed driving, which helps to create better and safer drivers. (2) Autocross is an affordable and enjoyable way to participate in competitive motorsports. Additionally, it is one of the safest and most controlled environments to learn car control. (3) Tours are social events mixed with group driving to interesting destinations. Tours are non-competitive events meant to be fun for everyone in the family. We visit museums, wineries, good restaurants, car collections, state parks, and occasionally even a race track.(4) Participants in the Concours event are judged based on their Porsche's cleanliness and originality. Points are awarded or deducted based on the class they have registered for. (5) Rennfest is a weekend event for members to relax and socialize with other members. The weekend includes a welcoming hospitality social, social lunches and dinners. We also conduct various driving events including autocross, driving tours and concours.
Expenses $409,386 · Grants $5,803 · Revenue $413,587
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sherry Knuth
President
- Total calculated
- $0
- Hours/week
- 10
-
Mike Giamarco
Vice President
- Total calculated
- $0
- Hours/week
- 15
-
Bill Frohoff
Secretary/Safety & Ins
- Total calculated
- $0
- Hours/week
- 5
-
Joe Baker
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Andrew Ellsom
Past President
- Total calculated
- $0
- Hours/week
- 15
-
Robert Brad
Autocross Chair
- Total calculated
- $0
- Hours/week
- 10
-
David Bloom
Concours Chair
- Total calculated
- $0
- Hours/week
- 5
-
Nigel Poland
Membership Chair
- Total calculated
- $0
- Hours/week
- 3
-
Sabrina Hutchinson
Presse Editor
- Total calculated
- $0
- Hours/week
- 5
-
Gary Samoluk
Rally Chair
- Total calculated
- $0
- Hours/week
- 5
-
Lee Knuth
Social Editor
- Total calculated
- $0
- Hours/week
- 5
-
Sam Mosley
Tours Chair
- Total calculated
- $0
- Hours/week
- 5
-
Mike Wilson
Track Chair
- Total calculated
- $0
- Hours/week
- 5
-
Andrew Ellsom
Webmeister
- Total calculated
- $0
- Hours/week
- 5
-
Cyndi Ellsom
Social Media Chair
- Total calculated
- $0
- Hours/week
- 5
-
Robert Schultz
Rennfest Chair
- Total calculated
- $0
- Hours/week
- 10
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
-
General Support for the Organization.
-
$2,500
General Support for the Organization.
-
General Support for the Organization.
-
$302
General Support for the Organization.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349321626
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