Wka Association

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To provide a safe, fair, consistent, fun, and affordable environment for the beginner, hobbyist, and future stars of motorsports to fulfill their racing dreams.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0810666) · Dispute this line
501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $15K a year · 1% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
2.4 mo
of spending, in cash
2.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$233K
43% of total assets
Liabilities are 43% of assets.
Pt X · Ln 26
Independent board members
13
of 13 voting members
13 of 13 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.4M
+5% vs prior year
Spent
$1.4M
To programs
92%
Net assets
$312K
By yearFY2020–FY2025
Revenue
$1.4M
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.5M
FY2022$1.6M
FY2023$1.6M
FY2024$1.4M
FY2025$1.4M
Expenses
$1.4M
FY2025▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.5M
FY2022$1.5M
FY2023$1.6M
FY2024$1.4M
FY2025$1.4M
Net assets
$312K
FY2025▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$297K
FY2021$290K
FY2022$309K
FY2023$297K
FY2024$295K
FY2025$312K

From the FY2025 Form 990 (year ending November 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $1.3M Management & general 8% · $115K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
District 1 Trustee
$0Pt VII · Sec A
District 2 Trustee
$0Pt VII · Sec A
District 3 Trustee
$0Pt VII · Sec A
District 4 Trustee
$0Pt VII · Sec A
District 6 Trustee
$0Pt VII · Sec A
District 7 Trustee
$0Pt VII · Sec A
District 8 Trustee
$0Pt VII · Sec A
See Wka Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps people race cars affordably in a fun, safe environment.

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3 programs · $1.3M · in their own filed words · FY2024
01

Conducts and sanctions race events for the benefit of the members

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0810666) · Dispute this line
$1.3Mprogram expense
02

Supply insurance for members during association sanctioned events.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0810666) · Dispute this line
$21Kprogram expense
03

Wka maintains a direct mail program to keep members informed of activities, events, and elections etc.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-0810666) · Dispute this line
$6Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Fees for servicesLn 2g$1.4M
Gifts and grantsLn 1h$9K
Investment incomeLn 3$36
Money outPt IX
$1.4M
Ln 25
Programscol B$1.3M
Managementcol C$115K
Owns and owesPt X
$312K
net assets · Ln 32
Cash and savingsLn 1–2$286K
Total assetsLn 16$545K
LiabilitiesLn 26$233K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9K
Fees for servicesLn 2g$1.4M
Investment incomeLn 3$36
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$168K
SavingsLn 2$117K
Cash and savings togetherLn 1–2$286K
Accounts receivableLn 4$47K
Land, buildings, equipmentLn 10c$17K
InvestmentsLn 11–13$186K
Other assetsLn 15$9K
Total assetsLn 16$545K
LiabilitiesLn 26$233K
Net assetsLn 32$312K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$236K$286K
InvestmentsLn 11–13$186K$186K
Land, buildings, equipmentLn 10c$31K$17K
Total assetsLn 16$537K$545K
LiabilitiesLn 26$242K$233K
Net assetsLn 32$295K$312K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$8K$8K
Payroll taxesLn 10$608$608
Legal feesLn 11b$22K$22K
Other fees for servicesLn 11g$6K$3K$3K
Advertising and promotionLn 12$24K$24K
Office expensesLn 13$20K$20K
OccupancyLn 16$49K$49K
TravelLn 17$106K$106K
InterestLn 20$10K$10K
Depreciation, depletion and amortizationLn 22$14K$12K$2K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$1.1M$1.1M
All other expensesLn 24e$17K$7K$10K
Total functional expensesLn 25$1.4M$1.3M$115K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Aug 18, 2026 $1.4M$1.4M$17K$312K 990 PDF
FY2024Filed with the IRS Jul 8, 2025 $1.4M$1.4M−$2K$295K 990 PDF
FY2023Filed with the IRS Jul 30, 2024 $1.6M$1.6M−$12K$297K 990 PDF
FY2022Filed with the IRS Sep 1, 2023 $1.6M$1.5M$19K$309K 990 PDF
FY2021Filed with the IRS May 2, 2022 $1.5M$1.5M−$7K$290K 990 PDF
FY2020Filed with the IRS Jul 16, 2021 $1.0M$1.1M−$103K$297K 990 PDF

Schedules filed Part IV

D · Assets and endowments O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $1,423,607 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $24,875$8,523
I-9 Program service revenuePrior year $1,325,463$1,415,048
I-10 Investment incomePrior year $140$36
I-11 Other revenuePrior year $1,357$0
I-12 Total revenuePrior year $1,351,835$1,423,607
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $27,253$8,608
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,326,733$1,397,813
I-18 Total expensesPrior year $1,353,986$1,406,421
I-19 Revenue less expensesPrior year −$2,151$17,186
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $1,423,607 across 6 lines filed
VIII-1b Membership dues$8,523
VIII-1h Total contributions, gifts and grants$8,523
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,415,048$1,415,048
VIII-3 Investment incomeRelated to mission $36$36
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,415,084 · Unrelated business $0 · Excluded from tax $0$1,423,607
Part IX · Statement of functional expenses $1,406,421 across 13 lines filed
IX-7 Other salaries and wagesManagement $8,000$8,000
IX-10 Payroll taxesManagement $608$608
IX-11b Legal feesManagement $22,181$22,181
IX-11g Other fees for servicesPrograms $3,170 · Management $2,700$5,870
IX-12 Advertising and promotionPrograms $24,473$24,473
IX-13 Office expensesManagement $20,394$20,394
IX-16 OccupancyManagement $49,103$49,103
IX-17 TravelPrograms $105,737$105,737
IX-20 InterestPrograms $9,836$9,836
IX-22 Depreciation, depletion and amortizationPrograms $12,102 · Management $1,875$13,977
IX-23 InsurancePrograms $20,531$20,531
IX-24 Other expenses (24a–d)Programs $1,108,573$1,108,573
IX-24e All other expensesPrograms $7,391 · Management $9,747$17,138
IX-25 Total functional expensesPrograms $1,291,813 · Management $114,608 · Fundraising $0$1,406,421
Part X · Balance sheet $544,793 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $102,838$168,440
X-2 Savings and temporary cash investmentsStart of year $132,703$117,191
X-4 Accounts receivableStart of year $75,307$46,787
X-10c Land, buildings and equipment, netStart of year $30,648$16,671
X-12 Other securitiesStart of year $186,347$186,347
X-15 Other assetsStart of year $9,357$9,357
X-16 Total assetsStart of year $537,200$544,793
X-17 Accounts payable and accrued expensesStart of year −$13,845−$33,078
X-25 Other liabilitiesStart of year $256,292$265,932
X-26 Total liabilitiesStart of year $242,447$232,854
X-31 Retained earnings or endowmentStart of year $294,753$311,939
X-32 Total net assets or fund balancesStart of year $294,753$311,939
X-33 Total liabilities and net assetsStart of year $537,200$544,793
Part XI · Reconciliation of net assets $311,939 net assets at year end
XI-1 Total revenue$1,423,607
XI-2 Total expenses$1,406,421
XI-3 Revenue less expenses$17,186
XI-4 Net assets at start of year$294,753
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$311,939

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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