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Nonprofit · EIN 75-2842003

RED RIVER RACING TEAM

Also known as RED RIVER

Tax-exempt (reinstated) · SAN MARCOS, TX 78666

Financials

$53K$52K2023
Revenue Expenses · by fiscal year end
Financials of RED RIVER RACING TEAM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$52,976$52,004$972$5,146$0$5,146
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$2,500
Membership dues
$400
Program service revenue
$50,076
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$23,776
Benefits paid to members
$1,837
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$4,158
Occupancy
$15,204
Printing, publications and postage
$6,410
Other expenses
$619

Balance sheet and other

Total assets, start of year
$4,174
Total assets, end of year
$5,146
Total liabilities, end of year
$0
Net assets, end of year
$5,146
Cash, savings and investments
$5,146
Gross receipts
$52,976

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Larry LewisPresident1$0
Barry GayTreasurer1$0
Benjamin KvanliSecretary10$0

Address and contacts

Address (IRS master file)
602 I-35 N, SAN MARCOS, TX 78666-6939
In care of
% BENJAMIN KVANLI
Signed the 990-EZ
Ben Kvanli, Founder
Phone
(512) 203-0093

Mission

To teach about the river environment to all ages and abilities.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Instruction for Juvenile delinquents to help them to develop goals and appreciate the value of life. We were able to keep kids active outdoors despite all the the social changes.
    grants $4,550
  • We helped wounded Veterans and their families to enjoy the river environment through river trips, hunting trips, fishing trips, BBQs, and Adaptive Sports training.
    grants $18,284
  • Jr Olympic competition: We developed training opportunities and travelled to rivers with our best athletes.
    grants $941

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
75-2842003
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,146
Income (IRS master file)
$52,976

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
August 12, 2013
Reinstated
Effective May 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$52,976$52,004$5,146XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2842003).

Questions about RED RIVER RACING TEAM

What is the EIN of RED RIVER RACING TEAM?
The employer identification number (EIN) of RED RIVER RACING TEAM is 75-2842003.
Is RED RIVER RACING TEAM tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
Are donations to RED RIVER RACING TEAM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RED RIVER RACING TEAM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RED RIVER RACING TEAM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RED RIVER RACING TEAM last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who are the officers and directors of RED RIVER RACING TEAM?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does RED RIVER RACING TEAM have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $52,976, expenses of $52,004 and total assets of $5,146 at year end.

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