Motor Racing Outreach
Concord, North Carolina
BHealth Score
55B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$1.9M
Total Revenue
๐
$2.0M
Total Expenses
๐ฆ
$374K
Net Assets
๐
$397K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+12.1%
Year-over-year change (2022 โ 2023)
Net Margin
-3.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.19
Net assets divided by total expenses
Liabilities-to-Assets
51.5%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,899,279โ12% | $1,969,014โ29% | $770,823โ1% | โ |
| 2022 | $1,694,912โ25% | $1,531,417โ3% | $766,650โ23% | โ |
| 2021 | $1,359,111โ12% | $1,488,322โ16% | $624,694โ16% | โ |
| 2020 | $1,551,966โ7% | $1,285,668โ17% | $740,861โ35% | โ |
| 2019 | $1,448,954โ12% | $1,541,998โ4% | $546,927โ3% | โ |
| 2018 | $1,645,816โ14% | $1,611,355โ23% | $528,766โ1% | โ |
| 2017 | $1,908,768โ5% | $2,104,717โ17% | $532,981โ27% | โ |
| 2016 | $1,818,765โ8% | $1,802,876โ21% | $732,505โ24% | โ |
| 2015 | $1,682,490โ13% | $1,485,142โ11% | $590,485โ38% | โ |
| 2014 | $1,487,672โ2% | $1,341,417โ5% | $427,679โ19% | โ |
| 2013 | $1,525,583โ15% | $1,418,369โ5% | $360,054โ13% | โ |
| 2012 | $1,331,858โ2% | $1,493,424โ18% | $318,676โ32% | โ |
| 2011 | $1,360,094 | $1,269,411 | $465,692 | โ |
Frequently Asked Questions
What does Motor Racing Outreach do?โผ
Motor Racing Outreach is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Motor Racing Outreach financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Motor Racing Outreach.
How much revenue does Motor Racing Outreach generate?โผ
Motor Racing Outreach reports $1.7M in annual revenue and holds $586K in total assets, based on IRS filings.
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