Nonprofit · EIN 88-4369630
A & E RACING CORP
Tax-exempt · HOOKSETT, NH 03106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $57,500 | $55,467 | $2,033 | $5,542 | – | $5,542 |
| December 31, 2024 | 990-EZ | $56,500 | $70,856 | -$14,356 | $3,510 | – | $3,510 |
| December 31, 2023 | 990-EZ | $51,757 | $33,891 | $17,866 | $17,866 | – | $17,866 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $57,500
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,081
- Other expenses
- $54,386
- Program services (functional)
- $53,231
Balance sheet and other
- Total assets, start of year
- $3,509
- Total assets, end of year
- $5,542
- Total liabilities, end of year
- –
- Net assets, end of year
- $5,542
- Cash, savings and investments
- $725
- Gross receipts
- $57,500
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 |
|---|---|---|---|
| ERICK VEIT | PRESIDENT | 5 | $0 |
| JEREMY BEAUDOIN | VICE PRESIDE | 3 | $0 |
| TARA VEIT | TREASURER | 5 | $0 |
| SHELLEY MCQUARRIE | SECRETARY | 3 | $0 |
| KRISTINA PICARD | DIRECTOR | 3 | $0 |
| YANCI FUSTINI | DIRECTOR | 3 | $0 |
| SAMUEL WIGGIN | DIRECTOR | 3 | $0 |
| NICK WALCOTT | DIRECTOR | 3 | $0 |
| RACHEL WALCOTT | DIRECTOR | 3 | $0 |
| JESSICA HOUDE | DIRECTOR | 3 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERICK VEIT | PRESIDENT | 5 | $0 |
| TARA VEIT | TREASURER | 5 | $0 |
| SHELLEY MCQUARRIE | VICE PRESIDE | 3 | $0 |
| KRISTINA PICARD | DIRECTOR | 3 | $0 |
| YANCI FUSTINI | DIRECTOR | 3 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERICK VEIT | PRESIDENT | 5 | $0 |
| TARA VEIT | TREASURER | 5 | $0 |
| SHELLEY MCQUARRIE | VICE PRESIDE | 3 | $0 |
| KRISTINA PICARD | DIRECTOR | 3 | $0 |
| YANCI FUSTINI | DIRECTOR | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 5 EASTPOINT DR UNIT 16, HOOKSETT, NH 03106-2040
- In care of
- % ERICK VEIT
- Signed the 990-EZ
- TARA VEIT, TREASURER
- Phone
- (603) 657-0113
- Website
- AANDERACING.COM
- Return prepared by
- CARMEL DUVAL CPA PLLC
Mission
EMPOWERING YOUTH FOR A BRIGHTER FUTURE. PROVIDING OPPORTUNITIES FOR LEADERSHIP, GROWTH, AND COMMUNITY INVOLVEMENT. OUR MISSION AT A&E RACING IS TO PROVIDE TRAINING AND DEVELOPMENT FOR YOUNG ATHLETES WHO HAVE POTENTIAL TO ADVANCE TO A PROFESSIONAL LEVEL. A & E RACING CORP IS A MOTOCROSS PROGRAM THAT IS BASED IN NEW HAMPSHIRE WITH COMPETITIONS IN THE NORTHEAST AND EAST COAST REGIONS. A & E RACING CORP IS A HIGHLY COMPETITIVE PROGRAM FOR YOUTH MOTOCROSS RACERS. THE PURPOSE OF THE CORPORATION IS TO PROVIDE FUNDING FOR ASPIRING YOUNG MOTOCROSS RACERS IN THE NEW ENGLAND REGION WHO NEED SUPPORT WITH EQUIPMENT, TRAVEL, TRAINING, DEVELOPMENT AND MECHANICS.
Program accomplishments
- THIS IS THE THIRD YEAR FOR THE ORGANIZATION. RACE SEASON IS BETWEEN THE MONTHS OF APRIL AND NOVEMBER EACH YEAR. THEY WERE ABLE TO WORK WITH CHILDREN FROM THE AGES OF 10 TO 18. A TOTAL OF 14 CHILDREN (4 GIRLS AND 10 BOYS) PARTICIPATED IN THE PROGRAMS FOR 2025.
- THEY WERE ABLE TO ATTEND A TOTAL OF 48 RACES. THOSE RACES WERE HELD AT SEVERAL LOCATIONS AND WITHIN CLASSES AT EACH RACE. THERE WERE 3 DIFFERENT SERIES WHICH INCLUDED 2 REGIONAL AND 1 NATIONAL. EACH OF THESE SERIES HAVE SEPARATE RULES TO DETERMINE WHO CAN PARTICIPATE DEPENDING ON THE AGE OF THE CHILD AND THE SIZE OF THE MOTORBIKE THAT IS USED. THE CHILDREN ARE REQUIRED TO COMPLETE AN APPLICATION PROCESS TO BE CONSIDERED TO BE A SPONSORED RIDER. THE APPLICATION INCLUDES QUESTIONS INCLUDING GOALS AND PLANS TO ACHIEVE THOSE GOALS AS WELL AS STRENGTHS TO CONTRIBUTE TO THE TEAM. EXPECTATIONS TO BE A PART OF THE RACING TEAM INCLUDE 1) BEING RESPECTFUL AND RESPONSIBLE BOTH ON AND OFF THE RACING TRACK. 2) ASSIST IN BEING AN ACTIVE PARTICPANT IN MAINTAINING EQUIPMENT. 3) ASSIST IN HELPING SET UP TENTS AND RACING TRACK.Expenses $53,231
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 | 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
- 88-4369630
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N99)
- Assets (IRS master file)
- $5,542
- Income (IRS master file)
- $57,500
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $57,500 | $55,467 | $5,542 | IRS |
| 990-EZ | December 2024 | $56,500 | $70,856 | $3,510 | IRS |
| 990-EZ | December 2023 | $51,757 | $33,891 | $17,866 | XML |
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 88-4369630).
Questions about A & E RACING CORP
- What is the EIN of A & E RACING CORP?
- The employer identification number (EIN) of A & E RACING CORP is 88-4369630.
- Is A & E RACING CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to A & E RACING CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does A & E RACING CORP 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 A & E RACING CORP 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 A & E RACING CORP 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 A & E RACING CORP?
- The 990-EZ for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does A & E RACING CORP have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $57,500, expenses of $55,467 and total assets of $5,542 at year end.
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