A Touch of Speed is a 501(c)(3) organization based in N Charleston, South Carolina, registered in 2019, with $49,991 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$50K
▼ 12.3% vs prior year
Recreation median: $129K
Expenses (FY2024)
$54K
Net assets
-$3,663
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Touch of Speed— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Touch of Speed: 0 mo reserves · -8% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Touch of Speed— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Touch of Speed: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $6,855 (FY2019) to $50K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-7.8%
Spent more than it raised in the latest fiscal year.
Total assets
$0
Total liabilities
$3,663
Net assets
-$3,663
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $49,991▼12.3% | $53,877▼5.6% | -$3,663▼1743% | $0▼100% | 990EZ |
| 2023 | $57,024▲34.3% | $57,069▼0.8% | $223▼16.8% | $223▼16.8% | 990EZ |
| 2022 | $42,449▲35.3% | $57,557▲174% | $268▼98.3% | $268▼98.3% | 990EZ |
| 2021 | $31,367▲282% | $20,981▲181% | $15,376▲208% | $15,376▲208% | 990EZ |
| 2020 | $8,221▲19.9% | $7,458▲194% | $4,990▲15.5% | $4,990▲15.5% | 990EZ |
| 2019 | $6,855 | $2,535 | $4,320 | $4,320 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to A Touch of Speed totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Paypal Charitable Giving Fund | General support | 2024 | $5,273 |
| Paypal Charitable Giving Fund | — | 2023 | $20,000 |
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Data for A Touch of Speed (EIN 84-2192973) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.