Overview
What is Performance Racing Inc?
Performance Racing Inc, situated in Diamond Bar, California, is a dedicated nonprofit organization that champions and educates the public about the American tradition centered around automobiles and trucks, particularly those employed in racing, travel, and various other purposes. Their primary objective is to foster and enhance this culture by encouraging the ongoing refinement, innovation, and personalization of vehicles. By serving as an information hub, Performance Racing aims to enlighten the public on matters pertinent to the automotive industry.
Is Performance Racing Inc legitimate?
Performance Racing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Performance Racing Inc 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.
What is the mission statement of Performance Racing Inc?
Performance Racing Inc's mission is centered around advocating and educating the public about the American culture and lifestyle that is deeply connected to automobiles and trucks, used for various purposes such as racing and travel. The organization's primary objective is to continuously enhance and customize these vehicles, promoting this culture and lifestyle. They strive to educate the public on matters affecting the industry, aiming to foster a broader understanding and appreciation for it.
Who is the CEO of Performance Racing Inc?
Tim Martin is the Secretary of Performance Racing Inc. The CEO's salary of Performance Racing Inc is $0 and their total compensation is $0.
What is the revenue of Performance Racing Inc?
Performance Racing Inc's revenue in 2022 was $120,315.
Who are the executives of Performance Racing Inc and what are their salaries?
Here are 9 key members and their salaries (Performance Racing Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990EZ for Performance Racing Inc?
Performance Racing Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Performance Racing Inc
Performance Racing Inc, a nonprofit organization, is committed to advancing and promoting the American culture that revolves around automobiles and trucks, primarily used for racing, travel, and various purposes. Their mission is to continually enhance and personalize these vehicles through education and improvement. By doing so, Performance Racing Inc aims to educate the public on matters affecting the industry, fostering a deeper appreciation and understanding of this culture.
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Impact
October, 2024
Performance Racing Inc significantly influences the American automotive culture by advocating for and educating the public on the lifestyle surrounding automobiles and trucks, particularly in the context of racing and travel. By focusing on continual improvement, development, and personalization of vehicles, the organization fosters a deep appreciation for the skills and creativity involved in automotive customization and performance enhancement.
Based in Diamond Bar, CA, Performance Racing Inc addresses current issues impacting the automotive industry, providing vital information and resources that help enthusiasts and potential drivers navigate the complexities of racing and vehicle modification. Through various educational initiatives and community engagement efforts, they aim to strengthen the bond among automotive aficionados and enhance public understanding of the cultural significance of racing and personal vehicles.
This commitment not only nurtures a vibrant community of car enthusiasts but also supports the broader automotive industry, encouraging innovation and sustainable practices that benefit both consumers and businesses alike. By promoting a culture centered around automotive passion, Performance Racing Inc plays a crucial role in preserving and advancing a uniquely American way of life that values exploration, competition, and personalized expression through vehicles.
This information is meant to be a general summary of Performance 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: $120,315
Assets and Liabilities:
- Total Assets: $160,269
- Total Liabilities: $66,777
- Net Assets: $93,492
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Organization Details
Phone
(909) 978-6709Principal Officer
Tim Martin
Main Address
1575 S VALLEY VISTA DR, DIAMOND BAR, CA, 91765
NTEE Category
Code: Z99 - Unknown
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