NATIONAL HOT ROD ASSOCIATION

As filed

Subsection

06

Classification

1000

Street

2035 E FINANCIAL WAY

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE ASSOCIATION EXPENDS SUBSTANTIAL RESOURCES IN SUPPORT OF IMPROVING, PROMOTING, AND ADVANCING THE COMMON INTEREST OF THOSE ENGAGED IN THE SPORT OF DRAG RACING PRIMARILY THROUGH PROVIDING A GOVERNING STRUCTURE, SANCTIONING CERTAIN RACES, CONTINUOUSLY INVESTING IN FACILITY SAFETY AND NHRA TRACK IMPROVEMENTS, AND FOSTERING THE CONDUCT OF THOUSANDS OF DRAG RACING EVENTS ANNUALLY ON NATIONAL AS WELL AS LOCAL LEVELS. THE ASSOCIATION PROVIDES SUPPORT TO RACER PARTICIPANTS, TO TRACK OPERATORS CONDUCTING THESE EVENTS, AND TO MANUFACTURERS AND DISTRIBUTORS OF VEHICLES, PARTS AND PRODUCTS USED IN RACING.THROUGH THESE ACTIVITIES AND EVENTS, THE ASSOCIATION PROMOTES THE SPORT AND INDUSTRY OF DRAG RACING BY FOSTERING THE ENTHUSIASM OF THE PUBLIC AND PARTICIPANTS, AND PROVIDING A PROVING GROUND AND SHOWCASE FOR MANUFACTURERS AND DISTRIBUTORS. THE ASSOCIATION IS ACTIVELY ENGAGED IN ENHANCING THE PUBLIC IMAGE OF DRAG RACING WITH A VIEW TOWARD INCREASING PARTICIPATION AND FOSTERING THE ASSOCIATION'S MISSION OF PRESERVING AND PROTECTING THE SPORT OF DRAG RACING AND IMPROVING SAFETY IN THE SPORT BY, AMONG OTHER THINGS, FOSTERING A NETWORK OF RACING VENUES AND RACING SERIES. THE ASSOCIATION'S GREATEST PUBLIC RELATIONS TOOLS ARE ITS ANNUAL SERIES OF NATIONAL EVENTS THAT ARE TELECAST AND SHOWCASE THE BEST OF THE SPORT, INCLUDING ITS DIVERSE PARTICIPANTS AND COMPLEX TECHNOLOGY, AS WELL AS ITS TELEVISION PROGRAMS AND WEBSITE AND ITS PUBLICATION, NATIONAL DRAGSTER, WHICH IS PUBLISHED TO PROVIDE FULL COVERAGE DURING THE RACING SEASON. THROUGH THESE EVENTS AND ACTIVITIES THE ASSOCIATION WORKS TO INCREASE THE SIZE AND INVOLVEMENT OF THE BUSINESSES WHICH ARE PART OF THE DRAG RACING INDUSTRY AND WHICH ULTIMATELY SUPPORT THE SPORT AND ITS PARTICIPANTS BOTH ON THE RACER AND SPECTATOR LEVEL. THE ASSOCIATION ALSO PROVIDES A FULL SPECTRUM OF RACING OPPORTUNITIES BEGINNING AT THE JR. DRAG RACING LEAGUE LEVEL WHERE GIRLS AND BOYS AS YOUNG AS FIVE MAY PARTICIPATE, TO THE GRASS ROOTS "STREET LEGAL" LEVEL, AND PROGRESSING ALL THE WAY TO VEHICLES WITH SPEEDS OVER 300 MPH. THE ASSOCIATION PROMOTES THE CAREER AND EDUCATIONAL OPPORTUNITIES AVAILABLE IN THE INDUSTRY THROUGH ITS INNOVATIVE YOUTH AND EDUCATION SERVICES PROGRAM WHICH EXPOSES SEVERAL THOUSAND HIGH SCHOOL STUDENTS TO CAREER OPPORTUNITIES IN THE SPORT. THE ASSOCIATION TYPICALLY ALSO CONDUCTS A DEDICATED ANNUAL CAREER OPPORTUNITIES FAIR.

• THE ASSOCIATION ESTABLISHES RULES THAT GOVERN COMPETITION INCLUDING RULES AND STANDARDS THAT ARE DESIGNED TO ENHANCE SAFETY IN THE SPORT AS WELL AS PROMOTE FAIR COMPETITION. THE ASSOCIATION CONTINUALLY ANALYZES AND LEARNS FROM EXPERIENCE GAINED FROM OVER SEVEN DECADES OF SANCTIONING THE SPORT AND INFORMATION GARNERED FROM THE THOUSANDS OF EVENTS CONDUCTED EACH YEAR. THE ASSOCIATION ANALYZES AND TRIES TO ANTICIPATE THE NEED FOR CHANGES IN GUIDELINES APPLICABLE TO RACE TRACK FACILITIES, AND STANDARDS FOR RACE VEHICLES, PERSONAL PROTECTIVE EQUIPMENT AND THE CONDUCT OF EVENTS. THE ASSOCIATION ANALYZES INCIDENTS AND SHARES ITS EXPERIENCE TO IMPROVE SAFETY AND BENEFIT THE SPORT. THE ASSOCIATION WORKS WITH THE INDUSTRY IT REPRESENTS IN THE DEVELOPMENT OF PARTS AND EQUIPMENT FOR RACE VEHICLES AND ENCOURAGES MANUFACTURERS TO CONTINUE TO BE INNOVATIVE IN THE DEVELOPMENT OF SAFETY ORIENTED EQUIPMENT, WITH TECHNOLOGY THAT CAN BE USED NOT ONLY IN RACE VEHICLES BUT FOR EVERYDAY PASSENGER CARS AS WELL. AS PART OF ITS MISSION TO IMPROVE SAFETY IN THE SPORT OF DRAG RACING, THE ASSOCIATION ALSO WORKS ON FACILITY ISSUES AND IMPROVEMENTS THROUGHOUT A BROAD NETWORK OF AFFILIATED TRACKS THROUGHOUT NORTH AMERICA. THE ASSOCIATION SHARES INFORMATION WITH OWNERS AND OPERATORS OF VARIOUS RACING FACILITIES REGARDING IMPROVEMENTS AIMED TO IMPROVE SAFETY AS WELL AS IMPROVE THE CONDUCT OF EVENTS, AND THEREBY ATTRACT MORE PARTICIPANTS AND SPECTATORS. THE ASSOCIATION DEVOTES SUBSTANTIAL RESOURCES TO IMPROVING RACING FACILITIES AND HELPING TRACK OWNERS AND OPERATORS PROMOTE PROGRAMS WHICH ARE LIKELY TO ATTRACT MORE SPONSORS, SPECTATORS AND PARTICIPANTS ALIKE. THE ASSOCIATION OWNS AND MAINTAINS A SMALL NUMBER OF RACING FACILITIES TO PRESERVE THE RIGHT TO RACE AND PROVIDE RACING VENUES IN CERTAIN GEOGRAPHICAL AREAS AS WELL AS TO USE AS A PROVING GROUND FOR PROGRAMS AND INITIATIVES THAT IMPROVE ITS ABILITY TO PERFORM ITS ROLE AS A SANCTIONING BODY.

• THE ASSOCIATION'S PUBLICATION, NATIONAL DRAGSTER, PROVIDES IN-DEPTH INFORMATION TO TENS OF THOUSANDS OF MEMBERS AND TO EVEN MORE PASS-ALONG READERS. INFORMATION IS PROVIDED TO THOUSANDS OF MEMBERS AND NONMEMBERS THROUGH THE ASSOCIATION'S WEBSITES, NHRA.COM. AND NHRARACER.COM. THE PUBLICATION SHOWCASES THE LATEST IN AUTOMOTIVE TECHNOLOGY, RACE COVERAGE, INTERVIEWS, NEWS, STATISTICS AND ADVERTISING TO SPECTATORS, COMPETITORS, SPONSORS, TRACK OPERATORS, HOBBYISTS, ENTHUSIASTS AND OTHERS. THE PRINTED AND ONLINE PUBLICATION IS DISTRIBUTED TO PROVIDE FULL COVERAGE DURING THE RACING SEASON AND HAS THE LARGEST READERSHIP OF ALL DRAG RACING PUBLICATIONS AND THE INTERNET WEBSITE IS ALSO WIDELY VIEWED.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $96,662,196

  Expenses

  $92,494,120

  Contributions

  $0

  Grants paid

  $12,601

• 2023

  Revenue

  $99,236,907

  Expenses

  $94,074,823

  Contributions

  $350,000

  Grants paid

  $10,405

• 2022

  Revenue

  $88,809,883

  Expenses

  $82,386,401

  Contributions

  $2,738,000

  Grants paid

  $8,817

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $84,074,162

  Expenses

  $68,553,944

  Assets (EOY)

  $60,527,116

• 2020 · 990

  Revenue

  $39,532,721

  Expenses

  $47,413,520

  Assets (EOY)

  $40,984,221

• 2019 · 990

  Revenue

  $93,599,685

  Expenses

  $92,842,161

  Assets (EOY)

  $50,623,778

• 2018 · 990

  Revenue

  $97,029,313

  Expenses

  $95,529,410

  Assets (EOY)

  $49,990,171

• 2017 · 990

  Revenue

  $94,778,501

  Expenses

  $93,924,588

  Assets (EOY)

  $47,636,612

• 2016 · 990

  Revenue

  $95,047,034

  Expenses

  $98,713,516

  Assets (EOY)

  $45,353,577

• 2015 · 990

  Revenue

  $97,619,846

  Expenses

  $103,332,330

  Assets (EOY)

  $45,624,351

• 2014 · 990

  Revenue

  $99,463,758

  Expenses

  $100,075,263

  Assets (EOY)

  $55,648,155

• 2013 · 990

  Revenue

  $99,251,581

  Expenses

  $97,911,543

  Assets (EOY)

  $57,332,618

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $97,093,169

  Assets (EOY)

  $59,409,677

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• RPM MINISTRY INC

  $6,300

  2022 · GRANT ASSISTANCE

• RPM MINISTRY INC

  $6,000

  2024 · GRANT ASSISTANCE

• RPM MINISTRY INC

  $6,000

  2023 · GRANT ASSISTANCE

Where these grants went next →

Grants received

• SPECIALTY EQUIPMENT MARKET ASSOCIATION

  $22,000

  2022 · GENERAL SUPPORT

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files