Triple R Racing Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Growing revenue
Triple R Racing Inc is a 501(c)(3) organization based in Glendale, Arizona, registered in 1982, with $115,340 in FY2024 revenue. CharityIndex grades it C+.
5428 W Monte Cristo Ave, Glendale, AZ, 85306 EIN 94-2840302 Since 1982
Revenue (FY2024)
$115K
▲ 104.8% vs prior year
Expenses (FY2024)
$109K
Net assets
$16K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Triple R Racing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +6% margin
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 Triple R Racing Inc: 2 mo reserves · +6% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Triple R Racing Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Triple R Racing Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $56K (FY2016) to $115K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,500Net assets $16K
Operating margin
5.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23K
Total liabilities
$7,500
Net assets
$16K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $115,340▲105% | $108,821▼5.2% | $15,833▲70.0% | $23,333▲151% | 990 |
| 2023 | $56,324▼31.9% | $114,754▲32.1% | $9,314▼68.0% | $9,314▼68.0% | 990EZ |
| 2022 | $82,713▲16.3% | $86,872▲17.2% | $29,112▲32.6% | $29,112▲32.6% | 990EZ |
| 2021 | $71,114▼10.1% | $74,093▼13.4% | $21,947▲143% | $21,947▲143% | 990EZ |
| 2020 | $79,144▲8.1% | $85,577▼5.2% | $9,027▼17.0% | $9,027▼17.0% | 990EZ |
| 2019 | $73,197▲28.6% | $90,316▲11.8% | $10,876▼19.5% | $10,876▼19.5% | 990EZ |
| 2018 | $56,918▼7.0% | $80,798▲19.7% | $13,507▼6.0% | $13,507▼6.0% | 990EZ |
| 2017 | $61,227▲10.2% | $67,500▲17.7% | $14,365▼4.6% | $14,365▼4.6% | 990EZ |
| 2016 | $55,553 | $57,359 | $15,061 | $15,061 | 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.
Frequently asked questions
- Is Triple R Racing Inc a legitimate nonprofit?
- Yes. Triple R Racing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2840302, based in Glendale, Arizona. Donations are tax-deductible.
- What is Triple R Racing Inc's EIN?
- Triple R Racing Inc's Employer Identification Number (EIN) is 94-2840302.
- How much revenue does Triple R Racing Inc report?
- Triple R Racing Inc reported $115,340 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Triple R Racing Inc have?
- CharityIndex grades Triple R Racing Inc C+, based on financial health (reserves and operating margin).
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Data for Triple R Racing Inc (EIN 94-2840302) 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.