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WORLD OF SPEED

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Public IRS 990 nonprofit record

WORLD OF SPEED

EIN 46-5267468

What they do

WORLD of SPEED FIRST OPENED ITS DOORS to THE PUBLIC ON APRIL 24, 2015 and SHOWCASED UP to 100 VEHICLES. CURRENT and FUTURE GENERATIONS of STUDENTS, AUTOMOTIVE ENTHUSIASTS, and PROFESSIONALS HAVE BEEN INSPIRED THROUGH EDUCATION, COMMUNITY ENGAGEMENT, and THE EXPLORATION of CAREER OPPORTUNITIES IN THE AUTOMOTIVE INDUSTRY. DUE to THE IMPACT and DISRUPTION of COVID-19 IN EARLY 2020, WORLD of SPEED MADE THE DECISION to CEASE ACTIVITIES and CLOSE THEIR DOORS. THE 2021 YEAR WAS DEDICATED to PLANNING and EXECUTING THE ORGANIZATIONS DISSOLUTION INCLUDING THE DISTRIBUTION of THE ORGANIZATIONS MANY ASSETS. FINAL DISTRIBUTION OCCURRED IN NOVEMBER of 2021.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $67.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work67.4% of expenses · Program services

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$171,742

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$115,832 · 67.4% of expenses
See all reported dollar amounts
Expenses$171,742
Mission work (program services)$115,832
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (10)

CHARLIE WAIBELDIRECTOR

DALE PENN IIDIRECTOR

JEFF MILLERDIRECTOR

LARRY VLLUMDIRECTOR

LARRY VOLLUMDIRECTOR

MARILYN LOYTREASURER

MARY JAEGERSECRETARY

PHILLIP FOGG SRDIRECTOR

RACHAEL SNEDDONDIRECTOR

SARAH BANYCHAIR

About this charity

Location
27490 SW 95TH AVENUE, WILSONVILLE, OR 97070
County
Clackamas
In care of
SARAH BANY
Primary officer
SARAH BANY, BOARD CHAIR

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
January 1, 2021
Return type
990EZ
Tax preparer
GARY MCGEE & CO LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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