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Nonprofit · EIN 34-1965137

RACING FOR RECOVERY

Tax-exempt · HOLLAND, OH 43528

Financials

$4.9M$4M2023$5.6M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of RACING FOR RECOVERY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,578,888$3,896,297$1,682,591$5,735,579$1,073,211$4,662,368
December 31, 2023990$4,886,134$3,974,970$911,164$3,755,216$1,113,063$2,642,153
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$14,702
Program service revenue
$5,571,803
Investment income
-$7,617
Net gain from sales of assets
-$7,617
Other revenue
$0

Expenses

Grants and similar amounts paid
$565,571
Compensation of officers, directors and key employees
$425,819
Other salaries and wages
$920,626
Salaries, compensation and benefits (total)
$1,546,554
Professional fundraising fees
$0
Legal fees
$33,132
Accounting fees
$56,655
Occupancy
$197,887
Depreciation
$197,190
Program services (functional)
$3,241,316
Management and general (functional)
$654,981

Balance sheet and other

Total assets, start of year
$3,755,216
Total assets, end of year
$5,735,579
Total liabilities, end of year
$1,073,211
Net assets, end of year
$4,662,368
Land, buildings and equipment
$2,596,347
Net assets without donor restrictions
$4,662,368
Gross receipts
$5,586,505
Employees
44
Volunteers
30
Year formed
2001
State of legal domicile
OH

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.

NameTitleHours / weekCompensationOther / benefits
TODD CRANDELLFOUNDER & PRESIDENT
Trustee or director, Officer
40$249,515$4,175
HELENE DAUMADVISORY BOARD
Trustee or director
1$59,975$5,986
ADAM CUSTERADVISORY BOARD
Trustee or director
1$56,297$0
JULIE UHRMANADVISORY BOARD
Trustee or director
1$47,403$2,468
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationOther / benefits
TODD CRANDELLFOUNDER & PRESIDENT
Trustee or director, Officer
40$157,346$7,718
HELENE DAUMADVISORY BOARD
Trustee or director
1$51,760$7,718
SKYLAR CRANDELLADVISORY BOARD
Trustee or director
1$51,385$1,317

Address and contacts

Address (IRS master file)
6202 TRUST DR, HOLLAND, OH 43528-8425
In care of
% TODD CRANDELL
Principal officer (990 for 2024)
TODD CRANDELL, 6202 TRUST DRIVE, HOLLAND, OH 43528
Signed the 990
TODD CRANDELL, PRESIDENT
Phone
(419) 824-8462
Return prepared by
GBQ PARTNERS LLC

Mission

PREVENT ALL FORMS OF SUBSTANCE ABUSE BY PROMOTING A LIFESTYLE OF FITNESS AND HEALTH FOR ALL THOSE AFFECTED BY ADDICTION.

990 for the year ended December 31, 2024

Program accomplishments

  • PREVENT ALL FORMS OF SUBSTANCE ABUSE BY PROMOTING A LIFESTYLE OF FITNESS AND HEALTH FOR ALL THOSE AFFECTED BY ADDICTION.
    Expenses $3,241,316 · grants $565,571 · revenue $5,571,803

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1965137
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,735,579
Income (IRS master file)
$5,586,505

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,578,888$3,896,297$5,735,579XML
990December 2023$4,886,134$3,974,970$3,755,216XML
990December 2022$3,180,630$3,947,819$2,742,042IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 34-1965137).

Questions about RACING FOR RECOVERY

What is the EIN of RACING FOR RECOVERY?
The employer identification number (EIN) of RACING FOR RECOVERY is 34-1965137.
Is RACING FOR RECOVERY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to RACING FOR RECOVERY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RACING FOR RECOVERY 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 RACING FOR RECOVERY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RACING FOR RECOVERY 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 RACING FOR RECOVERY?
The 990 for the year ended December 31, 2024 names TODD CRANDELL.
Who are the officers and directors of RACING FOR RECOVERY?
The 990 for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $249,515 (TODD CRANDELL, FOUNDER & PRESIDENT).
How much revenue does RACING FOR RECOVERY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,578,888, expenses of $3,896,297 and total assets of $5,735,579 at year end.

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