Nonprofit · EIN 85-0986626
RACE 4 EXCELLENCE INC
Tax-exempt · BROOKLYN, NY 11210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $3,073 | $14,630 | -$11,557 | $0 | $17,890 | -$17,890 |
| December 31, 2024 | 990-EZ | $3,103 | $10,169 | -$7,066 | $1,003 | $7,336 | -$6,333 |
| December 31, 2023 | 990-EZ | $8,045 | $8,155 | -$110 | $733 | – | $733 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,073
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $14,630
Balance sheet and other
- Total assets, start of year
- $1,003
- Total assets, end of year
- $0
- Total liabilities, end of year
- $17,890
- Net assets, end of year
- -$17,890
- Gross receipts
- $3,073
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE HUTCHINSON | EXECUTIVE DIRECTOR | 20 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE HUTCHINSON | EXECUTIVE DIRECTOR | 20 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE HUTCHINSON | EXECUTIVE DIRECTOR | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 1418 BROOKLYN AVE, BROOKLYN, NY 11210-1810
- Signed the 990-EZ
- GEORGE HUTCHINSON, PRESIDENT
- Phone
- (917) 426-4414
- Return prepared by
- PEYRONEL FINANCIAL SERVICES
Mission
RACE REMOTE CONTROLLED VEHICLES FOR FUN
Program accomplishments
- USE REMOTE CONTROLLED VEHICLES TO CREATE A FUN ANDCHALLENGING ENVIRONMENT WHERE MIDDLE SCHOOL BOYS CAN BUILDSELF-ESTEEM AND SELF-WORTH WHILE ACQUIRING SKILLS FOR LIFE
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-0986626
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A23)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $3,073
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $3,073 | $14,630 | $0 | IRS |
| 990-EZ | December 2024 | $3,103 | $10,169 | $1,003 | XML |
| 990-EZ | December 2023 | $8,045 | $8,155 | $733 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 85-0986626).
Questions about RACE 4 EXCELLENCE INC
- What is the EIN of RACE 4 EXCELLENCE INC?
- The employer identification number (EIN) of RACE 4 EXCELLENCE INC is 85-0986626.
- Is RACE 4 EXCELLENCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to RACE 4 EXCELLENCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RACE 4 EXCELLENCE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RACE 4 EXCELLENCE 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 RACE 4 EXCELLENCE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of RACE 4 EXCELLENCE INC?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does RACE 4 EXCELLENCE INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $3,073, expenses of $14,630 and total assets of $0 at year end.
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