Race 4 Excellence Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 2020, with $3,103 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$3,103
▼ 61.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$10K
Net assets
-$6,333
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 Race 4 Excellence Inc— 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 Race 4 Excellence Inc: 0 mo reserves · -228% margin earns a F 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 Race 4 Excellence Inc— 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 Race 4 Excellence Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $12K (FY2021) to $3,103 (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-227.7%
Spent more than it raised in the latest fiscal year.
Total assets
$1,003
Total liabilities
$7,336
Net assets
-$6,333
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,103▼61.4% | $10,169▲24.7% | -$6,333▼964% | $1,003▲36.8% | 990EZ |
| 2023 | $8,045▲19.3% | $8,155▼4.4% | $733▼13.0% | $733▼13.0% | 990EZ |
| 2022 | $6,742▼41.5% | $8,532▼4.1% | $843▼68.0% | $843▼68.0% | 990EZ |
| 2021 | $11,528 | $8,895 | $2,633 | $2,633 | 990EZ |
| 2020 | — | — | $0 | $0 | 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.
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Data for Race 4 Excellence Inc (EIN 85-0986626) 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.