Small Public Charity

FORMULA SAE AT LSU

FORMULA SAE AT LSU is a nonprofit organization categorized as Small Public Charity based in BATON ROUGE, LA. Its most recent IRS filing (2024) reports revenue of $14K, expenses of $9K, total assets of $5K.

EIN: 261161977 BATON ROUGE, LA Professional Societies & Associations NTEE: B03 Latest filing: 2024
Total Revenue$14K
Total Expenses$9K
Total Assets$5K
Grant Records0
Filing Years2023–2024

Mission

TigerRacing is established to aid students in the development of technical, communication, management, business, and professional relationship skills outside of the classroom through mentorship and hands-on interaction with peers, faculty, and non-LSU contributors with the goal to design, manufacture, build, and compete a racecar.

Where $100 goes at Formula Sae at Lsu

How Formula Sae at Lsu divides every $100 it spends, from its own Form 990-EZ filings, averaged across 2 years.

$100 Programs the work itself
<$1 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 $100 for programs

$50
Yearly team travel expenses for collegiate design competition (benefits 25 team individuals)
50% of program spending · Reported in the filing: 25 individuals
$50
Total sponsorships received (benefits entire team)
About 50% (cost not reported)
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Treasurer Elijah Gray
President Evan Kerr
Vice-President Gareth Oram

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $14K $9K $5K
2023 $65K $9K $65K

Between 2023 and 2024, reported annual revenue declined from $65K to $14K (-78%), with total assets most recently reported at $5K.

Interactive year-over-year charts and full filing details available with membership.

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