DRAG RACERS INC
CREEDMOOR,
North Carolina,
27522
EIN: 85-3892333
Recreation, Sports, Leisure, Athletics
DEMOGRAPHIC
ADDRESS
2550 CAPITOL DR
27522
COUNTY
granville county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
DRAG RACERS INC is a based in CREEDMOOR, NC, focused on Recreation, Sports, Leisure, Athletics causes , specifically Recreation, Sports, Leisure, Athletics N.E.C.. Established in August 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,488,479 among 2,656,690 nonprofits nationally (Top 94%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 77,452 out of 80,207 organizations in NC (Top 97%).
In granville county, NC, the organization ranks 242 out of 298 nonprofits by assets (Top 81%), while locally in creedmoor, it stands at 55 among 74 organizations (Top 55%).
The organization reported no revenue in the most recent filing period, placing it at 2,212,653 nationally and 61,209 in NC.
Within its specific NTEE classification (N99 - N: Recreation, Sports, Leisure, Athletics), which includes 8,546 similar organizations, DRAG RACERS INC ranks 7,989 in assets (Top 94%) and 7,157 in revenue (Top 84%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N99: Recreation, Sports, Leisure, Athletics N.E.C.
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2022
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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