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Nonprofiteer
← RACING FOR ALS INC

Form 990 for tax year 2024

Filed by RACING FOR ALS INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 22 December 2025. matched by us Only the Part I totals and the names listed in Part VII 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.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$1,041,063
Total expenses
$983,179
Contributions and grants received
$1,041,059
Grants paid
$577,101
Program service revenue
$0
Investment income
$4
Other revenue
$0
Total assets, end of year
$199,119
Total liabilities, end of year
$6,954
Net assets or fund balances, end of year
$192,165
Program services expenses (Part IX)
$983,179
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$983,179

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

    $1,041,059

  • 1g · Noncash contributions included above

    $9,734

  • 3 · Investment income

    total $4 · related or exempt $4

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $337,414 · program services $337,414

  • 2 · Grants to domestic individuals

    total $239,687 · program services $239,687

  • 11c · Fees: accounting

    total $3,997 · program services $3,997

  • 11g · Fees: other

    total $55,991 · program services $55,991

  • 12 · Advertising and promotion

    total $82,275 · program services $82,275

  • 13 · Office expenses

    total $118 · program services $118

  • 17 · Travel

    total $2,575 · program services $2,575

  • 19 · Conferences, conventions and meetings

    total $12,980 · program services $12,980

  • 20 · Interest

    total $1,987 · program services $1,987

  • 22 · Depreciation, depletion and amortization

    total $65,046 · program services $65,046

  • 23 · Insurance

    total $21,919 · program services $21,919

  • 24a · Other expenses: EQUIPMENT AND MAINTENAN

    total $72,697 · program services $72,697

  • 24b · Other expenses: RACING - TRACK COSTS/GA

    total $55,444 · program services $55,444

  • 24c · Other expenses: EQUIPMENT RENTAL

    total $19,024 · program services $19,024

  • 24d · Other expenses: BANK AND CREDIT CARD FE

    total $4,440 · program services $4,440

  • 24e · All other expenses

    total $7,585 · program services $7,585

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,746 · end of year $61,101

  • 2 · Savings and temporary cash investments

    beginning of year $2,508 · end of year $12,001

  • 10a · Land, buildings and equipment: cost or other basis

    $338,633

  • 10b · Land, buildings and equipment: accumulated depreciation

    $212,616

  • 10c · Land, buildings and equipment, net

    beginning of year $191,064 · end of year $126,017

  • 23 · Secured mortgages and notes payable

    beginning of year $76,037 · end of year $6,954

  • 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 $134,281 · end of year $192,165

Mission and programs · 2024

Mission

TO RAISE FUNDS AND AWARENESS FOR RESEARCH AND TREATMENT OF MOTOR NEURON DISEASE (ALS).

  • DURING CALENDAR YEAR 2024 RACING FOR ALS, INC. ADMINISTERED GRANTS IN SUPPORT AND CARE OF INDIVIDUALS WITH ALS.

    Expenses $983,179 · Grants $577,101 · Revenue $463,962

As filed on the 2024 return.

Listed in Part VII

  • Scott Lloyd

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Cameron Singleton

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Marya Lloyd

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Andrew Trammel

    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

Provenance

Return type
form_990
Tax year
2024
Filed
6 June 2025
IRS schema version
2024v5.1
Source object
202542069349300119

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