MISSION
To Provide an environment where kids, teens, and young adults get together as a team to build strength while learning to make ethical decisions by practicing and learning car racing, which is a highly competitive sport.
DEMOGRAPHIC
ADDRESS
9420 SW 227TH LN
33190
COUNTY
miami dade county, FL
ORGANIZATIONAL OVERVIEW & RANKINGS
TEAM M305 RACING is a based in CUTLER BAY, FL, focused on Recreation, Sports, Leisure, Athletics causes , specifically Amateur Sports Clubs, Leagues, N.E.C.. Established in May 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,409,870 among 2,656,690 nonprofits nationally (Top 91%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 129,998 out of 155,377 organizations in FL (Top 84%).
In miami dade county, FL, the organization ranks 13,521 out of 17,253 nonprofits by assets (Top 79%), while locally in cutler bay, it stands at 188 among 229 organizations (Top 80%).
The organization reported no revenue in the most recent filing period, placing it at 2,159,937 nationally and 123,408 in FL.
Within its specific NTEE classification (N60 - N: Recreation, Sports, Leisure, Athletics), which includes 27,325 similar organizations, TEAM M305 RACING ranks 24,872 in assets (Top 92%) and 22,735 in revenue (Top 84%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
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
N60: Amateur Sports Clubs, Leagues, N.E.C.
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;
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
05/2018
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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