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Zmotion Racing Foundation Inc

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

EIN: 800228554 ✦ Parkland, FL ✦ Designated as a 501(c)(3)

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Overview

What is Zmotion Racing Foundation Inc?

Zmotion Racing Foundation Inc is a nonprofit organization dedicated to promoting healthier lives through cycling. Their initiative, known as Zmotion, encourages individuals to lead stronger, longer lives. This program consists of four key components: education, inspiration, participation, and its impact on the community, as well as other charitable purposes. The foundation aims to inspire and engage people in cycling activities while contributing positively to their overall well-being and the community.

Is Zmotion Racing Foundation Inc legitimate?

Zmotion Racing Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zmotion Racing Foundation 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

What is the mission statement of Zmotion Racing Foundation Inc?

The Zmotion Racing Foundation Inc's mission is centered around promoting health and wellness, aiming to help individuals live longer, stronger lives. This is achieved through a multifaceted initiative comprising education, inspiration, participation, and its impact on the community, as well as other charitable purposes, all focused on cycling.

Who is the CEO of Zmotion Racing Foundation Inc?

Charles Medcraft is the Director of Zmotion Racing Foundation Inc.

What is the revenue of Zmotion Racing Foundation Inc?

Zmotion Racing Foundation Inc's revenue in 2020 was $14,533.

Who are the executives of Zmotion Racing Foundation Inc and what are their salaries?


Here are 5 key members and their salaries:


R Scott Alderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Layne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Medcraft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Seiler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francine Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Zmotion Racing Foundation Inc?

Zmotion Racing Foundation Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Zmotion Racing Foundation Inc

Zmotion Racing Foundation Inc's mission revolves around enhancing the lives of individuals by promoting stronger, longer, and healthier living. This is achieved through the initiative of cycling, which is the primary focus of the organization. The Zmotion Initiative consists of four key components: education, inspiration, participation, and its impact on the community, as well as other charitable purposes.

By incorporating education into their mission, Zmotion Racing Foundation Inc aims to educate people about the benefits of cycling and how it can contribute to improved health and well-being. This aspect of their mission likely involves workshops, seminars, or outreach programs to share knowledge and promote the positive effects of cycling on physical and mental health.

Inspiration is another crucial component of Zmotion Racing Foundation Inc's mission. They strive to inspire individuals to embrace the cycling lifestyle and its potential for enhancing their lives. This could be achieved through motivational events, success stories, or role models within the cycling community.

The third component of the Zmotion Initiative is participation. Zmotion Racing Foundation Inc encourages people to actively engage in cycling as a means of improving their health and well-being. This could involve organizing cycling events, providing resources for cycling groups, or offering support to individuals who are new to cycling.

Lastly, the organization's mission encompasses other charitable purposes and the impact of the Zmotion Initiative on the community. This could include fundraising for cycling-related causes, partnering with other organizations to promote health and wellness, or using the platform of cycling to address broader social issues.

Unfortunately, the information provided indicates that Zmotion Racing Foundation Inc is no longer active or terminated. Despite this, the mission and potential impact of the organization, as described in the information, remain a testament to the power of cycling as a tool for promoting healthier, stronger lives.

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Impact




October, 2024

Zmotion Racing Foundation Inc has made a significant impact through its Zmotion Initiative, which promotes stronger, longer, and healthier lives via cycling. The initiative focuses on four key components: education, inspiration, participation, and assessing its effects on the community. By encouraging cycling as a healthy lifestyle choice, Zmotion Racing fosters physical well-being and community engagement. Its emphasis on education helps individuals understand the benefits of cycling, while its inspirational campaigns motivate people to incorporate cycling into their daily lives. Participation initiatives create opportunities for individuals to engage in cycling events, promoting a culture of health and fitness. Additionally, the foundation's assessment of its community impact ensures that the positive effects of cycling are continually recognized and enhanced. Through these efforts, Zmotion Racing Foundation Inc has contributed to a healthier, more active community.




This information is meant to be a general summary of Zmotion Racing Foundation 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
$14,533 (2020)
Expenses
$9,089 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $14,533

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

2008

Principal Officer

Charles Medcraft

Main Address

6500 BRIGHTON COURT, PARKLAND, FL, 33067

NTEE Category

Code: T12 - Philanthropy

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