Overview
What is Living Legends Of Auto Racing Inc?
Living Legends of Auto Racing Inc, based in Port Orange, Florida, is a nonprofit organization with a mission to preserve and celebrate the history of racing. They achieve this by operating a museum and providing educational classes in local schools. The museum showcases various aspects of racing history, while the educational classes aim to engage students and foster an interest in the sport's rich history. The organization's activities are designed to promote a deeper understanding and appreciation of racing, encouraging the next generation to carry on this exciting legacy.
Official website here: www.livinglegendsofautoracing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating. This rating signifies that Living Legends Of Auto Racing Inc has met several accountability and financial standards, achieving a solid score primarily focused on its fiscal responsibility. A 76% score indicates a need for improvement in certain governance aspects, particularly concerning policy documentation.
The organization exhibits strong governance qualities, highlighted by a fully independent board, which is a positive attribute for ensuring unbiased management. Additionally, there have been no material diversions of assets, and the nonprofit is transparent with its financial documentation, as evidenced by its tax forms being publicly available. The program expense ratio stands impressively at 100%, demonstrating a commitment to allocating all resources towards its mission.
However, the absence of key policies, such as a conflict of interest policy and whistleblower policy, reflects areas that require attention. These missing elements could potentially impact the organization's operational integrity and stakeholder trust. Addressing these gaps would enhance the overall governance framework and improve its rating for future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Living Legends Of Auto Racing Inc legitimate?
Living Legends Of Auto Racing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Legends Of Auto Racing Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.livinglegendsofautoracing.com
What is the mission statement of Living Legends Of Auto Racing Inc?
The Living Legends of Auto Racing Inc is dedicated to preserving the rich history of automobile racing. They accomplish this by operating a museum and conducting educational programs in local schools. The objective of these educational classes is to inspire students and broaden their understanding of the sport's heritage. By promoting historical knowledge and education, Living Legends of Auto Racing Inc seeks to foster a deeper appreciation for the world of racing.
Official website here: www.livinglegendsofautoracing.com
Who is the CEO of Living Legends Of Auto Racing Inc?
Nancy West is the Director of Living Legends Of Auto Racing Inc.
Official website here: www.livinglegendsofautoracing.com
What is the revenue of Living Legends Of Auto Racing Inc?
Living Legends Of Auto Racing Inc's revenue in 2022 was $48,606.
Official website here: www.livinglegendsofautoracing.com
Who are the executives of Living Legends Of Auto Racing Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.livinglegendsofautoracing.com
Where can I find the form 990 for Living Legends Of Auto Racing Inc?
Living Legends Of Auto Racing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livinglegendsofautoracing.com
Learn more at the official website: www.livinglegendsofautoracing.com
Mission Statement of Living Legends Of Auto Racing Inc
Living Legends of Auto Racing Inc is dedicated to preserving and celebrating the rich history of racing. They accomplish this mission by maintaining a museum and offering educational classes in local schools. The museum serves as a repository for racing memorabilia, providing visitors with a glimpse into the past of this thrilling sport. In addition to maintaining the museum, Living Legends of Auto Racing Inc also conducts educational classes in area schools. These classes aim to educate students about the history and impact of racing, fostering a deeper appreciation for this exciting genre of motorsport. By promoting the history of racing through these means, Living Legends of Auto Racing Inc plays a vital role in ensuring that this cherished past is not forgotten and that future generations can appreciate the thrill and passion that racing has inspired over the years.
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Impact
August, 2024
Living Legends Of Auto Racing Inc's impact is significant as it promotes the rich history of racing through operating a museum and providing educational classes in area schools. By preserving and showcasing the heritage of auto racing, this organization plays a vital role in educating the public, especially students, about the evolution and significance of this sport. Through its efforts, Living Legends Of Auto Racing Inc helps to ensure that the legacy of racing is celebrated and passed down to future generations, contributing to the appreciation and understanding of this cultural phenomenon.
This information is meant to be a general summary of Living Legends Of Auto Racing Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $48,606
Assets and Liabilities:
- Total Assets: $53,358
- Total Liabilities: $0
- Net Assets: $53,358
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Organization Details
Principal Officer
Nancy West
Main Address
PO BOX 290854, PORT ORANGE, FL, 321290854
NTEE Category
Code: N60 - Recreation
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