Racing For Als Inc

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

EIN: 850750246 ✦ Apex, NC ✦ Designated as a 501(c)(3)

Overview

What is Racing For Als Inc?

Racing for Als Inc is a nonprofit organization situated in Apex, North Carolina, specifically at 3513 Foy Glen CT. Their primary mission is to generate funds and promote awareness for research and treatment of Motor Neuron Disease, commonly known as ALS. In the year 2021, they distributed grants to support and care for individuals suffering from ALS. Their activities are focused on advancing knowledge and potential solutions in the fight against this debilitating condition.


Official website here: www.racingforals.com

Is Racing For Als Inc legitimate?

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

Here 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.racingforals.com

What is the mission statement of Racing For Als Inc?

Racing for Als Inc's mission is centered around raising funds and fostering awareness for the research and treatment of Motor Neuron Disease, more commonly known as ALS. Their primary objective is to contribute to the scientific community's understanding and potential solutions for this debilitating condition. In the year 2021, the organization actively administered grants to support individuals living with ALS, demonstrating their commitment to both care and cure.


Official website here: www.racingforals.com

Who is the CEO of Racing For Als Inc?

Scott Lloyd is the President of Racing For Als Inc.


Official website here: www.racingforals.com

What is the revenue of Racing For Als Inc?

Racing For Als Inc's revenue in 2022 was $759,873.


Official website here: www.racingforals.com

Who are the executives of Racing For Als Inc and what are their salaries?

Here are 4 key members and their salaries:

    Scott Lloyd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cameron Singleton (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marya Lloyd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lloyd Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.racingforals.com

    Where can I find the form 990 for Racing For Als Inc?

    The Racing For Als Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.racingforals.com

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

    Mission Statement of Racing For Als Inc

    Racing for Als Inc, a nonprofit organization, is dedicated to making a significant impact in the fight against Motor Neuron Disease (ALS). Their primary mission is twofold: to raise funds and increase awareness for research and treatment options related to this debilitating condition. By administering grants in support and care of individuals with ALS during the calendar year 2021, Racing for Als Inc demonstrates its unwavering commitment to this cause. Through their efforts, they aim to contribute to the broader objective of finding effective treatments and ultimately, finding a cure for ALS.

    Impact

    This information is meant to be a general summary of Racing For Als Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Racing For ALS Inc's impact lies in its work to raise funds and awareness for the research and treatment of motor neuron disease, specifically ALS. Through administering grants in support and care of individuals with ALS, Racing For ALS Inc plays a crucial role in advancing efforts to improve the lives of those affected by this devastating disease. Their mission to raise funds and awareness for ALS research is a testament to their commitment to making a difference in the fight against this disease.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $23,558
  • Program Service Revenue: $0
  • Gross Receipts: $816,762

    • Assets and Liabilities:
  • Total Assets: $296,333
  • Total Liabilities: $118,706
  • Net Assets: $177,627
  • Organization Details

    Founding Year

    2020

    Principal Officer

    Scott Lloyd

    Main Address

    3513 FOY GLEN CT, APEX, NC, 27539

    NTEE Category

    Code: G50 - Disease

    If you are a representative of Racing For Als Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.