Mission
SUPPORTING THE RACING INDUSTRY IN NORTH CAROLINA THROUGH EDUCATIONAL INITIATIVES.
Small Public Charity
NORTH CAROLINA MOTORSPORTS FOUNDATION INC
Based in CONCORD, NC, NORTH CAROLINA MOTORSPORTS FOUNDATION INC operates as a Small Public Charity. The organization reported $67K in revenue, $54K in expenses, $71K in total assets for fiscal year 2026.
EIN: 200333635
CONCORD, NC
Economic Development
NTEE: S30
Latest filing: 2026
Total Revenue$67K
Total Expenses$54K
Total Assets$71K
Grant Records0
Filing Years2022–2026
Where $100 goes at North Carolina Motorsports Foundation Inc
How North Carolina Motorsports Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 9 years.
$81
Programs
the work itself
$19
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $81 for programs
$81
Working with individuals and organizations involved in the motorsport industry in north carolina who have an interest in benefitting other charitable organizations and improving economic development in north…
Source: Form 990-EZ filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD MEMBER
Ali Starnes
BOARD MEMBER
Boston Reid
BOARD MEMBER
Brad Bostic
EXECUTIVE DI
Chad Willis
BOARD MEMBER
Dan Klenetsky
TREASURER
Dave Morton
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $67K | $54K | $71K |
| 2025 | $52K | $46K | $58K |
| 2024 | $29K | $33K | $53K |
| 2023 | $35K | $50K | $58K |
| 2022 | $41K | $30K | $71K |
Between 2022 and 2026, reported annual revenue grew from $41K to $67K (+62%), with total assets most recently reported at $71K.
Interactive year-over-year charts and full filing details available with membership.