Nhra Vision

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

EIN: 943021388 ✦ San dimas, CA ✦ Designated as a 501(c)(3)

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Overview

What is Nhra Vision?

Nhra Vision, based in San Dimas, California, is a charitable and educational nonprofit organization with a focus on preserving and showcasing the history of motorsports, particularly drag racing. Established with the goal of reuniting enthusiasts and providing a platform for newcomers, Nhra Vision organizes events like the Nostalgia Nationals, featuring vintage drag racing, car shows, meet-and-greets with racing legends, and the popular "Cacklefest" car exhibition. The organization's mission is to educate the public about the sport's history and development, fostering a deeper understanding of the people and industry connected to it. Nhra Vision maintains a facility open to the public, displaying valuable items related to drag racing, and sponsors activities to promote the sport and encourage youth participation. The organization has a team of 11 dedicated individuals.


Official website here: www.nhramuseum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Nhra Vision has received an overall score of 81%, reflecting solid performance in accountability and finance metrics, which are the sole basis for its rating. This score indicates a commitment to responsible financial practices, with the charity scoring full points in several key areas, including financial statements and conflict of interest policies.

The organization demonstrates strong program expense efficiency with an impressive program expense ratio of 86.17%. This means that a large portion of its funding is directed towards its programs, suggesting effective use of donations. Additional strengths include a well-documented governance structure with policies in place for whistleblower protection and document retention.

Despite its positive attributes, the rating is limited to accountability and finance, with no insights provided on programmatic impact or outcomes. As such, while Nhra Vision shows strong financial stewardship, further information about its mission effectiveness would be beneficial for potential donors looking to understand the overall impact of their contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Nhra Vision legitimate?

Nhra Vision is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhra Vision 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: $242,293

For more financial information, click here


Official website here: www.nhramuseum.org

What is the mission statement of Nhra Vision?

NHRA Vision is established with charitable and educational objectives. The organization collects, preserves, and displays valuable items related to the sport of drag racing in a public facility. NHRA Vision engages in activities that promote a better understanding of the history and development of the sport, as well as the individuals and industry associated with it. The organization actively supports and promotes drag racing, particularly encouraging youth and others to participate.


Official website here: www.nhramuseum.org

Who is the CEO of Nhra Vision?

Dale Coleman is the Board Member of Nhra Vision.


Official website here: www.nhramuseum.org

What is the revenue of Nhra Vision?

Nhra Vision's revenue in 2022 was $1,595,015.


Official website here: www.nhramuseum.org

Who are the executives of Nhra Vision and what are their salaries?

The average compensation at Nhra Vision during 2022 was $22,027. There are 11 employees and 15 volunteers at Nhra Vision.


Here are 12 key members and their salaries:


Bradley Gerber (Board Member)
  • Compensation: $0
  • Related: $425,042
  • Other: $12,928
Marleen Gurrola (Secretary (As Of 06/22))
  • Compensation: $0
  • Related: $251,068
  • Other: $38,948
Evan Jonat (Board Member)
  • Compensation: $0
  • Related: $248,798
  • Other: $46,025
David Kennedy (President & Chair (As Of 06/22))
  • Compensation: $0
  • Related: $173,300
  • Other: $47,377
Cheyenne Huang (Treasurer (As Of 06/22))
  • Compensation: $0
  • Related: $165,477
  • Other: $7,105
Graham Light (Board Member (Thru 06/22))
  • Compensation: $0
  • Related: $138,134
  • Other: $0
Thomas Mckernan (President & Chair (Thru 06/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack O'Bannon (Treasurer (Thru 07/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Mcmurtry (Secretary (Thru 07/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gale Banks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Coleman (Board Member)
  • Compensation: $35,000
  • Related: $0
  • Other: $0
Alex Xydias (Board Member (Thru 06/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhramuseum.org

Where can I find the form 990 for Nhra Vision?

Nhra Vision's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhramuseum.org

Learn more at the official website: www.nhramuseum.org

Mission Statement of Nhra Vision

NHRA Vision, a charitable and educational organization, is dedicated to preserving and showcasing the rich history and artifacts of motorsports, particularly drag racing. The organization collects, maintains, and exhibits items of enduring interest or value related to this thrilling sport in a public facility. NHRA Vision's activities are geared towards fostering a deeper understanding of the sport's evolution, the people who have shaped it, and the industry that surrounds it. The organization actively promotes drag racing, encouraging participation from youth and others, thereby ensuring the sport's continued growth and vibrancy.

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Impact




July, 2024

Nhra Vision's impact lies in its dedicated efforts to preserve and display motorsports history and items while educating the public about the same. Through events like the Nostalgia Nationals, Nhra Vision provides a platform for hot rodders and racers to reunite, reminisce about the sport's origins, and introduce new audiences to the historic roots of drag racing. By offering vintage drag racing, car shows, opportunities to meet legends, and displays like the popular "Cacklefest," Nhra Vision not only celebrates the sport but also fosters a deeper understanding of its history and development. Overall, Nhra Vision contributes to the promotion of drag racing and encourages participation in the sport, particularly among youth and other interested individuals.




This information is meant to be a general summary of Nhra Vision. 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
$1,595,015 (2022)
Expenses
$1,385,061 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75,039
  • Program Service Revenue: $761,814
  • Gross Receipts: $1,730,736

Assets and Liabilities:

  • Total Assets: $2,389,172
  • Total Liabilities: $304,304
  • Net Assets: $2,084,868

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Programs

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

HOT ROD REUNIONS

Revenue

$718,704

MUSEUM ADMISSIONS

Revenue

$43,110

Organization Details

Founding Year

1986

Principal Officer

Dale Coleman

Main Address

140 VIA VERDE 100, SAN DIMAS, CA, 91773

NTEE Category

Code: A50 - Arts

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