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Piedmont Area Soap Box Derby Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743091423 ✦ Brandy station, VA ✦ Designated as a 501(c)(3)

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Overview

What is Piedmont Area Soap Box Derby Foundation?

The Piedmont Area Soap Box Derby Foundation is a nonprofit organization situated in Brandy Station, Virginia. Their primary role is to foster and support soap box derby races as a recreational sports club and league. By sponsoring these events, they contribute to the local community and provide an engaging platform for amateur racers. The foundation's activities are geared towards promoting friendly competition and camaraderie among its members.


Official website here: www.culpepersoapboxderby.com

Is Piedmont Area Soap Box Derby Foundation legitimate?

Piedmont Area Soap Box Derby Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Piedmont Area Soap Box Derby Foundation submitted a form 990EZ, 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.


Official website here: www.culpepersoapboxderby.com

What is the mission statement of Piedmont Area Soap Box Derby Foundation?

The Piedmont Area Soap Box Derby Foundation's mission is centered around promoting and supporting soap box derby races as an amateur sports club and league. By doing so, they contribute to the world of racing as a leisure activity, encouraging participation and camaraderie among its members. The foundation's activities are geared towards organizing and sponsoring these races, fostering a sense of community and competition within the sport.


Official website here: www.culpepersoapboxderby.com

Who is the CEO of Piedmont Area Soap Box Derby Foundation?

Tony Troilo is the President of Piedmont Area Soap Box Derby Foundation.


Official website here: www.culpepersoapboxderby.com

What is the revenue of Piedmont Area Soap Box Derby Foundation?

Piedmont Area Soap Box Derby Foundation's revenue in 2022 was $47,885.


Official website here: www.culpepersoapboxderby.com

Who are the executives of Piedmont Area Soap Box Derby Foundation and what are their salaries?


Here are 3 key members and their salaries:


Tony Troilo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Gilmore (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Garrett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.culpepersoapboxderby.com

Where can I find the form 990EZ for Piedmont Area Soap Box Derby Foundation?

Piedmont Area Soap Box Derby Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.culpepersoapboxderby.com

Learn more at the official website: www.culpepersoapboxderby.com

Mission Statement of Piedmont Area Soap Box Derby Foundation

The Piedmont Area Soap Box Derby Foundation, as an organization, is dedicated to promoting and sponsoring soap box derby races. Serving as an amateur sports club and league, this foundation encourages participation in these races, fostering a sense of camaraderie and competition among its members. By doing so, the Piedmont Area Soap Box Derby Foundation contributes to the development of various skills, such as teamwork, strategy, and sportsmanship, while providing an enjoyable and engaging activity for its participants.

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Impact




August, 2024

The Piedmont Area Soap Box Derby Foundation's impact can be seen in the promotion and sponsorship of soap box derby races in Brandy Station, VA. Through these activities, the Foundation provides opportunities for individuals to engage in amateur sports and racing, fostering community engagement and promoting a sense of competition and sportsmanship among participants. The Foundation's efforts contribute to the local community by organizing events that bring people together and create memorable experiences for both participants and spectators.




This information is meant to be a general summary of Piedmont Area Soap Box Derby Foundation. 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.

Revenue
$47,885 (2022)
Expenses
$50,665 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Program Service Revenue: $44,522
  • Gross Receipts: $50,735

Assets and Liabilities:

  • Total Assets: $146,521
  • Total Liabilities: $0
  • Net Assets: $146,521

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Organization Details

Principal Officer

Tony Troilo

Main Address

PO Box 82, Brandy Station, VA, 22714

NTEE Category

Code: N60 - Recreation

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