Nonprofit · EIN 30-0337745
MOTORSPORTS CHARITIES INC
Also known as NASCAR FOUNDATION
Tax-exempt · DAYTONA BEACH, FL 32120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,303,865 | $4,472,370 | $831,495 | $7,885,256 | $367,987 | $7,517,269 |
| December 31, 2023 | 990 | $4,961,787 | $4,195,721 | $766,066 | $7,053,779 | $368,005 | $6,685,774 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,837,996
- Program service revenue
- $0
- Investment income
- $389,565
- Net income from fundraising events
- -$103,531
- Net income from gaming
- $179,835
- Other revenue
- $76,304
Expenses
- Grants and similar amounts paid
- $2,627,259
- Compensation of officers, directors and key employees
- $259,215
- Other salaries and wages
- $477,127
- Salaries, compensation and benefits (total)
- $868,854
- Professional fundraising fees
- $0
- Accounting fees
- $51,344
- Travel
- $85,593
- Program services (functional)
- $3,466,058
- Management and general (functional)
- $414,259
- Fundraising (functional)
- $592,053
Balance sheet and other
- Total assets, start of year
- $7,053,779
- Total assets, end of year
- $7,885,256
- Total liabilities, end of year
- $367,987
- Net assets, end of year
- $7,517,269
- Net assets without donor restrictions
- $6,242,634
- Net assets with donor restrictions
- $1,274,635
- Gross receipts
- $5,591,262
- Employees
- 8
- Volunteers
- 842
- Year formed
- 2006
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLE KRIEGER | EXECUTIVE DIRECTOR Key employee | 40 | $246,576 | $20,536 |
| JENNIFER QUATTROCCHI | SENIOR DIRECTOR Highest-paid employee | 40 | $120,598 | $9,105 |
| MIKE HELTON | CHAIRMAN/PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER FRANCE BATES | VICE CHAIRPERSON/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN SCHANDEL | TREASURER/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| LESA KENNEDY | VICE CHAIRPERSON/DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREA BRIMMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RANDY DYE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HAROLD GOODEMOTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STU GRANT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HURLEY HAYWOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PETER JUNG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLIE LYEDECKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATIE PALMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRIS RICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GLENN RITCHEY | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER SIEGEL | DIRECTOR Trustee or director | 2 | $0 |
| RUSTY WALLACE | DIRECTOR Trustee or director | 2 | $0 |
| LARRY WOODARD | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLE KRIEGER | EXECUTIVE DIRECTOR Key employee | 40 | $211,393 | $14,940 |
| JENNIFER QUATTROCCHI | SR. DIRECTOR Highest-paid employee | 40 | $112,554 | $7,709 |
| MIKE HELTON | CHAIRMAN/PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LESA KENNEDY | VICE CHAIRPERSON/DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER FRANCE BATES | VICE CHAIRPERSON/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SUSAN SCHANDEL | TREASURER/DIRECTOR Trustee or director, Officer | 4 | $0 | $0 |
| HURLEY HAYWOOD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JENNIFER SIEGEL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| HAROLD GOODEMOTE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RUSTY WALLACE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| STU GRANT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GLENN RITCHEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATIE PALMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PETER JUNG | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LARRY WOODARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHARLIE LYEDECKER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RANDY DYE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDREA BRIMMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CHRIS RICE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2875, DAYTONA BEACH, FL 32120-2875
- In care of
- % CORRIE MARINE
- Principal officer (990 for 2024)
- MIKE HELTON, TAX DEPT 53 PO BOX 2875, DAYTONA BEACH, FL 32120
- Signed the 990
- CHRIS GLENN, TREASURER
- Phone
- (386) 310-5885
- Website
- WWW.NASCARFOUNDATION.ORG
- Return prepared by
- KPMG LLP
Mission
SEE SCHEDULE O
Program accomplishments
- SEE SCHEDULE OExpenses $1,527,814 · grants $1,260,707
- SEE SCHEDULE OExpenses $279,920 · grants $205,000
- COMMUNITY SUPPORT: THE NASCAR FOUNDATION EMBODIES THE SPIRIT OF THE NASCAR INDUSTRY AND ENSURES IMPACT WITHIN THE NASCAR RACING COMMUNITIES. THROUGH AT-TRACK PROGRAMS FOR LOCAL CHARITIES, TRACK PARTNERS WITH DONOR ADVISED FUNDS, AND CHARITABLE CONTRIBUTIONS TO INITIATIVES OF IMPORTANCE AND SIGNIFICANCE TO OUR RACING FAMILY, WE ARE ABLE TO IMPROVE THE LIVES OF CHILDREN WHO NEED IT MOST IN COMMUNITIES WHERE NASCAR LIVES, WORKS, AND RACES.Expenses $1,658,324 · grants $1,161,552
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 30-0337745
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $8,428,875
- Income (IRS master file)
- $5,069,814
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,303,865 | $4,472,370 | $7,885,256 | XML |
| 990 | December 2023 | $4,961,787 | $4,195,721 | $7,053,779 | XML |
| 990 | December 2022 | $3,918,753 | $3,271,013 | $6,327,124 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0337745).
Questions about MOTORSPORTS CHARITIES INC
- What is the EIN of MOTORSPORTS CHARITIES INC?
- The employer identification number (EIN) of MOTORSPORTS CHARITIES INC is 30-0337745.
- Is MOTORSPORTS CHARITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to MOTORSPORTS CHARITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MOTORSPORTS CHARITIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MOTORSPORTS CHARITIES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOTORSPORTS CHARITIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MOTORSPORTS CHARITIES INC?
- The 990 for the year ended December 31, 2024 names MIKE HELTON.
- Who are the officers and directors of MOTORSPORTS CHARITIES INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $246,576 (NICHOLE KRIEGER, EXECUTIVE DIRECTOR).
- How much revenue does MOTORSPORTS CHARITIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,303,865, expenses of $4,472,370 and total assets of $7,885,256 at year end.
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