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North Texas Karters Inc

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

EIN: 752591014 ✦ Lewisville, TX ✦ Designated as a 501(c)(3)

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Overview

What is North Texas Karters Inc?

North Texas Karters Inc is a nonprofit organization dedicated to promoting karting as a competitive and enjoyable sport. They organize events for both beginners and experienced drivers, ensuring a secure setting for all participants. The organization also offers educational instruction on kart maintenance and driving techniques, ensuring the safety and improvement of its members. Their activities primarily focus on bi-annual races, providing an engaging platform for karting enthusiasts.


Official website here: www.ntkarters.com/

Is North Texas Karters Inc legitimate?

North Texas Karters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Texas Karters 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ntkarters.com/

What is the mission statement of North Texas Karters Inc?

North Texas Karters Inc. is committed to promoting karting as a sport in a responsible and friendly manner. They organize events for both novice and experienced drivers, ensuring a safe environment. Additionally, they offer educational instruction on proper kart maintenance and driving techniques. Their activities include bi-annual races to engage and develop the skills of karting enthusiasts.


Official website here: www.ntkarters.com/

Who is the CEO of North Texas Karters Inc?

John Towne is the President of North Texas Karters Inc.


Official website here: www.ntkarters.com/

What is the revenue of North Texas Karters Inc?

North Texas Karters Inc's revenue in 2023 was $217,405.


Official website here: www.ntkarters.com/

Who are the executives of North Texas Karters Inc and what are their salaries?

There 50 volunteers at North Texas Karters Inc.


Here are 3 key members and their salaries:


Robert Schabel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Towne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Welker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ntkarters.com/

Where can I find the form 990 for North Texas Karters Inc?

North Texas Karters Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ntkarters.com/

Learn more at the official website: www.ntkarters.com/

Mission Statement of North Texas Karters Inc

North Texas Karters Inc, as an organization, is dedicated to promoting karting as a sport in a congenial and responsible manner. Their primary mission is to organize and host karting events catering to both novice and expert racers, ensuring a secure environment for all participants. Additionally, North Texas Karters provides educational instruction on proper kart maintenance and driving techniques, aiming to foster a safe and enjoyable experience for all participants. Their activities include bi-annual races, offering opportunities for both enthusiasts and seasoned racers to test their skills and compete in a friendly and responsible setting.

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Impact




October, 2024

North Texas Karters Inc significantly contributes to the local community by promoting karting as a thrilling and accessible sport. By organizing karting events for both novice and expert drivers, they create a dynamic environment that fosters skill development and sportsmanship. The bi-annual races serve not only as competitions but also as opportunities for community engagement and camaraderie among participants.

Their emphasis on safety ensures that all drivers can enjoy the sport in a responsible manner, while the educational instruction provided for proper kart maintenance and driving techniques equips participants with valuable knowledge that enhances their experience. This focus on education and safety encourages responsible karting practices, nurturing a generation of informed drivers who respect the sport and its regulations.

Overall, North Texas Karters Inc plays a vital role in enriching the recreational landscape of Lewisville, TX, by offering engaging experiences that build community connections and promote lifelong skills in karting.




This information is meant to be a general summary of North Texas Karters 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.

Revenue
$217,405 (2023)
Expenses
$198,727 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $43
  • Program Service Revenue: $107,651
  • Gross Receipts: $268,552

Assets and Liabilities:

  • Total Assets: $444,071
  • Total Liabilities: $0
  • Net Assets: $444,071

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BiAnnual Races

Revenue

$107,651

Organization Details

Founding Year

1995

Principal Officer

John Towne

Main Address

1320 Saddleback Lane, Lewisville, TX, 75067

NTEE Category

Code: N60 - Recreation

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