Financial Information for Fifty Plus Racing Foundation INC

Fifty Plus Racing Foundation INC's annual revenue was $370K in tax year 2024, reported on their IRS Form 990. They spent $168K in total expenses. 50% went to programs and services.

Financial Breakdown

What is Fifty Plus Racing Foundation INC's total annual expenses?

Fifty Plus Racing Foundation INC spent $168K in tax year 2024, according to their IRS Form 990 filing.

How much of Fifty Plus Racing Foundation INC's budget goes to programs?

Fifty Plus Racing Foundation INC spent $84K (50% of expenses) on programs and services in tax year 2024.

How much does Fifty Plus Racing Foundation INC spend on overhead?

Fifty Plus Racing Foundation INC's overhead in tax year 2024 includes administrative (50%) of their expenses.

What is Fifty Plus Racing Foundation INC's net worth?

Fifty Plus Racing Foundation INC had net assets of −$1.1M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.