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Nonprofiteer
← CAROLINAS REGION PORSCHE CLUB OF AMERICA

Form 990 for tax year 2024

Filed by CAROLINAS REGION PORSCHE CLUB OF AMERICA.

Totals

Total revenue
$404,863
Total expenses
$360,943
Contributions and grants received
$43,438
Grants paid
$0
Program service revenue
$357,440
Investment income
$0
Other revenue
$3,985
Total assets, end of year
$174,572
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$174,572
Program services expenses (Part IX)
$360,943
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$341,047

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

    $43,438

  • 2a · Program service revenue: NATIONAL MEMBERSHIP

    total $53,001 · related or exempt $53,001

  • 2b · Program service revenue: EVENT INCOME

    total $51,438 · related or exempt $51,438

  • 2c · Program service revenue: SPONSORSHIPS

    total $36,150 · related or exempt $36,150

  • 2d · Program service revenue: DRIVER EDUCATION

    total $204,851 · related or exempt $204,851

  • 2e · Program service revenue: NEWSLETTER

    total $12,000 · related or exempt $12,000

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $14,500

  • 10b · Cost of goods sold

    $12,494

  • 10c · Net income from sales of inventory

    total $2,006 · related or exempt $2,006

  • 11a · Other revenue: MISCELLANEOUS

    total $1,979 · related or exempt $1,979

  • 11e · Other revenue, total

    $1,979

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $595 · program services $595

  • 13 · Office expenses

    total $1,098 · program services $1,098

  • 17 · Travel

    total $2,073 · program services $2,073

  • 23 · Insurance

    total $5,792 · program services $5,792

  • 24a · Other expenses: DRIVER EDUCATION PROGRAM

    total $198,762 · program services $198,762

  • 24b · Other expenses: OTHER CLUB PROGRAM EXPENS

    total $141,560 · program services $141,560

  • 24c · Other expenses: PRINTING & PUBLICATION

    total $725 · program services $725

  • 24d · Other expenses: AWARDS

    total $10,338 · program services $10,338

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $90,036 · end of year $123,647

  • 2 · Savings and temporary cash investments

    beginning of year $36,301 · end of year $36,315

  • 4 · Accounts receivable

    beginning of year $165

  • 8 · Inventories for sale or use

    beginning of year $4,136 · end of year $3,660

  • 9 · Prepaid expenses and deferred charges

    end of year $10,950

  • 27 · Net assets without donor restrictions

    beginning of year $130,638 · end of year $174,572

  • 31 · Retained earnings, endowment or other funds

    beginning of year $130,638 · end of year $174,572

Mission and programs · 2024

Mission

TO PROMOTE SAFETY, COURTESY, AND THE ENJOYMENT OF OWNUNG A PORSCHE AUTOMOBILE

Activities or mission (Part I)

TO PROMOTE TRAFFIC SAFETY, COURTESY, AND THE ENJOYMENT OF OWNUNG A PORSCHE AUTOMOBILE

  • DRIVER EDUCATION PROGRAM PROVIDING INSTRUCTION IN THE AREAS OF CAR

    Expenses $198,762 · Grants $204,851

  • LOCAL AREA AND OTHER PROGRAMS PROVIDING THE OPPORTUNITY FOR DRIVERS TO

    Expenses $141,560 · Grants $140,589

  • ELECTRONIC PUBLICATION OF A MONTHLY NEWSLETTER FOR APPROXIMATELY 3900

    Expenses $725 · Grants $12,000

As filed on the 2024 return.

Listed in Part VII

  • Jerry Widner

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6
  • James Hess

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Sadie Kilcreas

    TREASURER

    Total calculated
    $0
    Hours/week
    6
  • Alex Galloway

    SECRETARY

    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.

Provenance

Return type
form_990
Tax year
2024
Filed
2 March 2025
IRS schema version
2024v5.0
Source object
202520659349301537

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