Educate and promote skilled youth into fields of automotive education including awarding scholarships for complete program to top students.

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $5K a year · 3% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
13 mo
of spending, in cash
Looks good: 13.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $28K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$286K
+26% vs prior year
Spent
$222K
To programs
74%
Net assets
$275K
By yearFY2020–FY2025
Revenue
$286K
FY2023▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2020$147K
FY2021$280K
FY2022$226K
FY2023$286K
FY2024$96K
FY2025$138K
Expenses
$222K
FY2023▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$200K
FY2021$201K
FY2022$254K
FY2023$222K
FY2024$164K
FY2025$164K
Net assets
$275K
FY2023▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$135K
FY2021$223K
FY2022$210K
FY2023$275K
FY2024$206K
FY2025$154K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2011-05-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Feb 2014.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $165K Management & general 16% · $36K Fundraising 9% · $21K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Dragg INC executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Awards scholarships to train and advance skilled youth in automotive education.

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Provided by the organization

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1 program · $165K · in their own filed words · FY2023
01

Educate and promote skilled youth into fields of automotive education including awarding scholarships for complete program to top students.

$165Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$28K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$286K
Ln 12
Gifts and grantsLn 1h$296K
Investment incomeLn 3$177
Money outPt IX
$222K
Ln 25
Programscol B$165K
Managementcol C$36K
Fundraisingcol D$21K
Owns and owesPt X
$275K
net assets · Ln 32
Cash and savingsLn 1–2$239K
Total assetsLn 16$275K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$296K
Government grantsLn 1e$134K
Fundraising eventsLn 1c$21K
Investment incomeLn 3$177
Total revenueLn 12$286K
Assets in detailPt X, end of year
CashLn 1$239K
Cash and savings togetherLn 1–2$239K
Land, buildings, equipmentLn 10c$35K
Total assetsLn 16$275K
LiabilitiesLn 26$0
Net assetsLn 32$275K
OperationsPt I, VI
EmployeesI 54
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$158K$239K
Land, buildings, equipmentLn 10c$53K$35K
Total assetsLn 16$210K$275K
LiabilitiesLn 26$0$0
Net assetsLn 32$210K$275K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$65K$52K$13K
Payroll taxesLn 10$5K$4K$1K
Legal feesLn 11b$8K$6K$2K
Accounting feesLn 11c$3K$1K$1K
Office expensesLn 13$1K$515$514
Information technologyLn 14$1K$949$119$119
OccupancyLn 16$67K$54K$13K
Depreciation, depletion and amortizationLn 22$14K$14K
InsuranceLn 23$9K$7K$2K
Other expenses (24a–d)Ln 24$41K$18K$2K$21K
All other expensesLn 24e$7K$6K$1K
Total functional expensesLn 25$222K$165K$36K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $138K$164K−$26K$154K 990 PDF
FY2024 $96K$164K−$68K$206K 990 PDF
FY2023 Viewing $286K$222K$64K$275K 990 PDF
FY2022 $226K$254K−$28K$210K 990 PDF
FY2021 $280K$201K$79K$223K 990 PDF
FY2020 $147K$200K−$53K$135K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $285,972 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $219,532$296,125
I-9 Program service revenue$0
I-10 Investment incomePrior year $4,324$177
I-11 Other revenuePrior year $2,604−$10,330
I-12 Total revenuePrior year $226,460$285,972
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $81,273$70,408
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $173,034$151,293
I-18 Total expensesPrior year $254,307$221,701
I-19 Revenue less expensesPrior year −$27,847$64,271
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $285,972 across 7 lines filed
Lines not itemized here account for −$10,520 of total revenue; see the IRS return.
VIII-1c Fundraising events$21,227
VIII-1e Government grants$133,968
VIII-1f All other contributions, gifts and grants$140,930
VIII-1h Total contributions, gifts and grants$296,125
VIII-3 Investment incomeRelated to mission $177$177
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $190$190
VIII-12 Total revenueRelated to mission −$10,153 · Unrelated business $0 · Excluded from tax $0$285,972
Part IX · Statement of functional expenses $221,701 across 11 lines filed
IX-7 Other salaries and wagesPrograms $52,004 · Management $13,001$65,005
IX-10 Payroll taxesPrograms $4,322 · Management $1,081$5,403
IX-11b Legal feesPrograms $6,400 · Management $1,600$8,000
IX-11c Accounting feesPrograms $1,447 · Management $1,447$2,894
IX-13 Office expensesPrograms $515 · Management $514$1,029
IX-14 Information technologyPrograms $949 · Management $119 · Fundraising $119$1,187
IX-16 OccupancyPrograms $53,760 · Management $13,440$67,200
IX-22 Depreciation, depletion and amortizationPrograms $13,619$13,619
IX-23 InsurancePrograms $7,381 · Management $1,846$9,227
IX-24 Other expenses (24a–d)Programs $18,398 · Management $1,746 · Fundraising $20,680$40,824
IX-24e All other expensesPrograms $5,850 · Management $1,463$7,313
IX-25 Total functional expensesPrograms $164,645 · Management $36,257 · Fundraising $20,799$221,701
Part X · Balance sheet $274,568 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $157,559$239,318
X-10c Land, buildings and equipment, netStart of year $52,738$35,250
X-16 Total assetsStart of year $210,297$274,568
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $210,297$274,568
X-32 Total net assets or fund balancesStart of year $210,297$274,568
X-33 Total liabilities and net assetsStart of year $210,297$274,568
Part XI · Reconciliation of net assets $274,568 net assets at year end
XI-1 Total revenue$285,972
XI-2 Total expenses$221,701
XI-3 Revenue less expenses$64,271
XI-4 Net assets at start of year$210,297
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$274,568

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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