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Nonprofit · EIN 45-3158354

DRAG RACERS BENEVOLENT FUND

Tax-exempt · PHOENIX, AZ 85086

Financials

$29K$20K2024
Revenue Expenses · by fiscal year end
Financials of DRAG RACERS BENEVOLENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$28,893$19,903$8,990$51,238$0$51,238
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$28,893
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$19,888
Management and general (functional)
$15

Balance sheet and other

Total assets, start of year
$42,248
Total assets, end of year
$51,238
Total liabilities, end of year
$0
Net assets, end of year
$51,238
Net assets without donor restrictions
$51,238
Gross receipts
$28,893
Employees
0

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 / weekCompensation
CHARLES C ANDERSONDIRECTOR
Trustee or director
–$0
KELI J ATKINSDIRECTOR
Trustee or director
–$0
LONNIE W GRIMDIRECTOR
Trustee or director
–$0
STEPHEN G ODOMDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
39012 N 6TH DR, PHOENIX, AZ 85086-8953
In care of
% CHARLES C ANDERSON
Principal officer (990 for 2024)
CHARLES C ANDERSON, 39012 N 6TH DRIVE, PHOENIX, AZ 85086
Signed the 990
CHARLES C ANDERSON, DIRECTOR
Phone
(817) 265-8844
Return prepared by
BRIMER AND HOBBS CPAS

Mission

TO PROVIDE CRITICAL ASSISTANCE FOR RACE PARTICIPANTS OR THEIR FAMILIES IN NEED AND/OR OTHER 501(C)(3) ORGANIZATIONS WITH SIMILAR GOALS, ASSOCIATED WITH RACING ACTIVITIES AND THE NATIONAL HOT ROD ASSOCIATION. OUR ALL VOLUNTEER STAFF WILL ORGANIZE AN ANNUAL FUND RAISING EVENT TO RAISE MONEY FOR THIS CHARITABLE PURPOSE. THESE FUNDS WILL BE AWARDED TO RACERS, THEIR FAMILIES OR OTHER QUALIFIED ORGAINIZATIONS WHICH ALSO SUPPORT RACERS WHICH ARE IN NEED OF MEDICAL OR FINANCIAL SUPPORT DUE TO NHRA RACING ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • ASSISTANCE FOR RACE PARTICIPANTS OR THEIR FAMILIES IN NEED AND/OR OTHER 501(C)(3) ORGANIZATIONS WITH SIMILAR GOALS, ASSOCIATED WITH RACING ACTIVITIES AND THE NATIONAL HOD ROD ASSOCIATION. FUNDS WERE AWARDED TO RACERS, THEIR FAMILIES AND OTHER QUALIFIED ORGANIZATIONS WHICH ALSO SUPPORT RACERS WHICH ARE IN NEED OF MEDICAL OR FINANCIAL SUPPORT DUE TO NHRA RACING ACTIVITIES.
    Expenses $19,888 · revenue $28,893

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2024Check at the IRS

IRS record

EIN
45-3158354
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
2011
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$51,238
Income (IRS master file)
$28,893

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$28,893$19,903$51,238IRS
990December 2022$1,449$10,117$47,134IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 45-3158354).

Questions about DRAG RACERS BENEVOLENT FUND

What is the EIN of DRAG RACERS BENEVOLENT FUND?
The employer identification number (EIN) of DRAG RACERS BENEVOLENT FUND is 45-3158354.
Is DRAG RACERS BENEVOLENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to DRAG RACERS BENEVOLENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DRAG RACERS BENEVOLENT FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of DRAG RACERS BENEVOLENT FUND 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 DRAG RACERS BENEVOLENT FUND 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 DRAG RACERS BENEVOLENT FUND?
The 990 for the year ended December 31, 2024 names CHARLES C ANDERSON.
Who are the officers and directors of DRAG RACERS BENEVOLENT FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does DRAG RACERS BENEVOLENT FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $28,893, expenses of $19,903 and total assets of $51,238 at year end.

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