Indiana Motorsports Association Inc

Nonprofit profile at a glance

EIN
203196334
IRS 990-EZ coverage
2010–2014
Forms available
Form 990-EZ 2014
Location
Indianapolis, IN, USA
Phone
3173340569
Rating confidence
Limited
Sector
Amateur Sports Competitions

Official website

Reported finances

Revenue
$8,817
Expenses
$94,261
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • TOM WEISENBACH (EXECUTIVE DIRECTOR)
  • AL LOWE (CHAIRMAN/PRESIDENT)

People named in this filing

  • TOM WEISENBACH (EXECUTIVE DIRECTOR)
  • AL LOWE (CHAIRMAN/PRESIDENT)
  • BO BUCHANAN (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Indiana motorsports association was established as an entity devoted solely to making the motorsports industry in the state of Indiana as healthy as possible. Through the partnership of direct industry organizations (teams, tracks, manufacturers and suppliers) and the indirect service organizations (financial, legal, shipping, communications, etc), the association serves its members through networking events, offering members only benefit programs, creating and nourishing educational programs and internship opportunities, and ensuring all members have the capability to take part in opportunities throughout the state.

What it reported doing in 2014

Continued in 2014 were successful monthly networking lunches, offering members and guests an extended networking opportunity to encourage and promote business within the membership and take advantage of member benefit programs.

Operating model

Revenue model
Membership-supported. 81% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 2
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -969.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 40.6%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -24.4% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -7.6% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.