Form 990 for tax year 2023
Filed by TRACKSIDE VETERAN SALUTE FOUNDATION NFP.
Totals
- Total revenue
- $401,335
- Total expenses
- $277,479
- Contributions and grants received
- $401,335
- Grants paid
- $100
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $123,856
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $123,856
- Program services expenses (Part IX)
- $78,643
- Management and general expenses
- $198,836
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $78,643
Program services were 28.3% 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
$401,335
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $100 · program services $100
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $186,187 · management and general $186,187
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,355 · management and general $3,355
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $6,774 · program services $6,774
-
12 · Advertising and promotion
total $3,982 · program services $3,982
-
13 · Office expenses
total $1,935 · program services $369 · management and general $1,566
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $5,345 · management and general $5,345
-
17 · Travel
total $35,793 · program services $35,793
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $4,026 · program services $4,026
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,383 · management and general $2,383
-
23 · Insurance
total $0
-
24a · Other expenses: Ambassador / Sponsorship
total $11,405 · program services $11,405
-
24b · Other expenses: Track Rental
total $10,003 · program services $10,003
-
24c · Other expenses: Program Food Supplies
total $3,089 · program services $3,089
-
24d · Other expenses: Event Tickets / Entrance Fees
total $2,800 · program services $2,800
-
24e · All other expenses
total $302 · program services $302
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $104,439
-
10a · Land, buildings and equipment: cost or other basis
$21,800
-
10b · Land, buildings and equipment: accumulated depreciation
$2,383
-
10c · Land, buildings and equipment, net
end of year $19,417
-
27 · Net assets without donor restrictions
end of year $123,856
Mission and programs · 2023
Mission
Provide opportunity to Veterans to experiance opportunities of entertainment through motorsports to allow them to escape and bond with new friends via speacial VIP experiences.
-
We gathered a select group of Vietnam veterans and brought them to NASCAR Tracks where they where treated with red carpet white glove reception by fans and competitors alike. This was to give them the thanks and reception they did not receive upon arival home from Vietnam
Expenses $78,643 · Grants $100
As filed on the 2023 return.
Listed in Part VII
-
Douglas Stringer
President
- Total calculated
- $186,187
- From this org
- $186,187
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Ross Taylor
Vice President
- Total calculated
- $0
- Hours/week
- 40
-
Stephen Sawyer
Secretary / Treasuer
- Total calculated
- $0
- Hours/week
- 25
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
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 January 2026
- IRS schema version
- 2023v6.0
- Source object
- 202600209349301110
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