KYLE PETTY CHARITY RIDE TRUST INC

Address
125 FLOYD SMITH DRIVE NO 45
CHARLOTTE, NC 28262
Contact
Phone: +1 (704) 714-4545
Nonprofit
NTEE: N12 - Fund Raising and/or Fund Distribution
EIN: 47-2812550

Mission

TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.
 201720162015
Basic features of the organization
Year of formation2015
Subsection code03
PF filing required0  
Metropolitan statistical area1520
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00
Number of employees000
Number of people compensated >$100k000
Number of volunteers000
Number of highly compensated contractors000
Personnel
Cable, George
TitleBOARD MEMBERBOARD MEMBER 
Name of key/compensated personGEORGE CABLEGEORGE CABLE 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org0.000.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Campbell, Terry
TitleTREASURERTREASURERTREASURER
Name of key/compensated personTERRY CAMPBELLTERRY CAMPBELLTERRY CAMPBELL
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Christner, John
TitleBOARD MEMBERBOARD MEMBER 
Name of key/compensated personJOHN CHRISTNERJOHN CHRISTNER 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org0.000.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Gossage, Eddie
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personEDDIE GOSSAGEEDDIE GOSSAGEEDDIE GOSSAGE
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Heafner, Mike
TitleASSISTANT SECRETARYASSISTANT SECRETARYASSISTANT SECRETARY
Name of key/compensated personMIKE HEAFNERMIKE HEAFNERMIKE HEAFNER
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Irvin, Morri
TitleSECRETARYSECRETARYSECRETARY
Name of key/compensated personMORRI IRVINMORRI IRVINMORRI IRVIN
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Martin, David
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personDR DAVID MARTINDR DAVID MARTINDR DAVID MARTIN
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Misenheimer, Vic
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personVIC MISENHEIMERVIC MISENHEIMERVIC MISENHEIMER
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Monafort, Jon
TitleVICE PRESIDENTVICE PRESIDENTVICE PRESIDENT
Name of key/compensated personJON MONAFORTJON MONAFORTJON MONAFORT
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Petty, Kyle
TitlePRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personKYLE PETTYKYLE PETTYKYLE PETTY
Position of compensated person
Current individual trustee or directorTrueTrueTrue
Average hours per week working for org0.000.000.00
Reportable compensation from org$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.
Program service expenses, total$1,861.00$960.00$580.00
Programs, including revenue & expenses
TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.
Program expenses$1,861.00$960.00$580.00
Program descriptionTO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.TO FUNCTION AS THE ENDOWMENT FOR THE BENEFIT OF CHILDREN WITH CHRONIC MEDICAL CONDITIONS OR SERIOUS ILLNESSES.
Financial data
Revenue
Total revenue$406,044.00$254,918.00$270,723.00
Revenue from contributions (total)$351,650.00$250,000.00$261,343.00
Investment income, current yr$54,394.00$4,918.00$9,380.00
Total revenue from grants, etc., current yr$351,650.00$250,000.00$261,343.00
Total unrelated business revenue$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00
Program service revenue (total)  $0.00
Gross receipts$800,726.00$254,918.00$270,723.00
Sources of contributions
Contributions from related organizations$350,000.00$250,000.00$261,343.00
Revenue from all other contributions$1,650.00  
Other types of revenue
Income from dividends, interest, and similar investments$16,269.00$4,918.00$9,380.00
Net rental income  $0.00
Expense categories (totals)
Total functional expenses: sum of all$1,861.00$960.00$580.00
Total functional expenses: program service $1,861.00$960.00$580.00
Total functional expenses: management and general$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00
Fees for services
Legal fees (total)  $580.00
Fundraising service fees (total)$0.00$0.00$0.00
Assets and liabilities
Total assets$998,253.00$518,761.00$256,434.00
Total assets, beginning of year$518,761.00$256,434.00 
Total liabilities$0.00$0.00$0.00
Total liabilities, beginning of year$0.00$0.00 
Net assets$998,253.00$518,761.00$256,434.00
Net assets, beginning of year$518,761.00$256,434.00 
Investments: publicly traded securities$988,661.00$508,958.00$245,671.00
Cash: non-interest bearing$9,592.00$9,803.00$10,763.00
Cash: non-interest bearing, beginning of year$9,803.00$10,763.00 
Other financial variables
Revenue less expenses$404,183.00$253,958.00$270,143.00
Total net assets or fund balances$998,253.00$518,761.00$256,434.00
Governance and accountability
Number of voting members10108
Number of independent voting members10108
Cash accountingTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-01
Tax year end date2017-12-012016-12-012015-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990
Reason for form submission
First filing  True
Date e-filing submitted2018-08-182017-08-102016-08-17
IRS schema version2017v2.22016v3.02015v2.1
Filing identifier201830859349300878201720699349300142201630829349300803
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