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California · Nonprofit

NATIONAL HOT ROD ASSOCIATION

NATIONAL HOT ROD ASSOCIATION (California) receives grants from 3 organizations whose IRS filings report $1,236,800 to it, the largest being THE VANCE FAMILY FOUNDATION ($1,050,000). 2 of them have funded it in more than one year.

Revenue FY2024
$97M
Funders on record
3
Grants received
$1.2M
Net assets
$59M
2/3 repeat funderspeak grant-dependency 0%
01What it does

What National Hot Rod Association does

Mission

To improve business conditions in the sport of drag racing and in the hot rod industry, and promote and advance the common business interests of those engaged in the sport of drag racing and the hot rod industry, to promote safety, sportsmanship and fellowship and exchange of knowledge and information among hot rod enthusiasts, and to carry on the activities within the purview of section 501(c)(6) of the internal revenue code of 1986, as amended, and california revenue and taxation section 23701e.

As stated on its FY2024 Form 990.

Programs

  1. The association expends substantial resources in support of improving, promoting, and advancing the common interest of those engaged in the sport of drag racing primarily through providing a governing structure, sanctioning certain races, continuously investing in facility safety and nhra track improvements, and fostering the conduct of thousands of drag racing events annually on national as well as local levels. The association provides support to racer participants, to track operators conducting these events, and to manufacturers and distributors of vehicles, parts and products used in racing.through these activities and events, the association promotes the sport and industry of drag racing by fostering the enthusiasm of the public and participants, and providing a proving ground and showcase for manufacturers and distributors. The association is actively engaged in enhancing the public image of drag racing with a view toward increasing participation and fostering the association's mission of preserving and protecting the sport of drag racing and improving safety in the sport by, among other things, fostering a network of racing venues and racing series. The association's…

  2. The association establishes rules that govern competition including rules and standards that are designed to enhance safety in the sport as well as promote fair competition. The association continually analyzes and learns from experience gained from over seven decades of sanctioning the sport and information garnered from the thousands of events conducted each year. The association analyzes and tries to anticipate the need for changes in guidelines applicable to race track facilities, and standards for race vehicles, personal protective equipment and the conduct of events. The association analyzes incidents and shares its experience to improve safety and benefit the sport. The association works with the industry it represents in the development of parts and equipment for race vehicles and encourages manufacturers to continue to be innovative in the development of safety oriented equipment, with technology that can be used not only in race vehicles but for everyday passenger cars as well. As part of its mission to improve safety in the sport of drag racing, the association also works on facility issues and improvements throughout a broad network of affiliated tracks throughout…

  3. The association's publication, national dragster, provides in-depth information to tens of thousands of members and to even more pass-along readers. Information is provided to thousands of members and nonmembers through the association's websites, nhra.com. And nhraracer.com. The publication showcases the latest in automotive technology, race coverage, interviews, news, statistics and advertising to spectators, competitors, sponsors, track operators, hobbyists, enthusiasts and others. The printed and online publication is distributed to provide full coverage during the racing season and has the largest readership of all drag racing publications and the internet website is also widely viewed.

The 3 programs described on its FY2023 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($95M) Expenses 100 ($94M) Net assets 100 ($30M)2018 Revenue 102 ($97M) Expenses 102 ($96M) Net assets 105 ($31M)2019 Revenue 99 ($94M) Expenses 99 ($93M) Net assets 108 ($32M)2020 Revenue 42 ($40M) Expenses 50 ($47M) Net assets 81 ($24M)2021 Revenue 89 ($84M) Expenses 73 ($69M) Net assets 133 ($40M)2022 Revenue 94 ($89M) Expenses 88 ($82M) Net assets 167 ($50M)2023 Revenue 105 ($99M) Expenses 100 ($94M) Net assets 186 ($55M)2024 Revenue 102 ($97M) Expenses 98 ($92M) Net assets 199 ($59M)
'17'18'19'20'21'22'23'24
Revenue (102)Expenses (98)Net assets (199)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $41M to $61M (+48%).

$48M
$50M
$51M
$41M
$61M
$70M
$80M
$87M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 3%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$854k
’17
$1.5M
’18
$758k
’19
−$7.9M
’20
$16M
’21
$6.4M
’22
$5.2M
’23
$4.2M
’24
2.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed1614131312131312
Joined·+0+2+1+0+2+0+1
No longer listed·2311102
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $22k → $372k.

Funder
'18
'19
'20
'21
'22
'23
total
$77k
funders
1
1
1
2
2
2

From the IRS filings of NATIONAL HOT ROD ASSOCIATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NATIONAL HOT ROD ASSOCIATION leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 78% · 2022 94% · 2023 94% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

94% of NATIONAL HOT ROD ASSOCIATION's grant income comes from California funders.

IN
CA

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like NATIONAL HOT ROD ASSOCIATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

5
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

IN
CA

Part of a family of 2 related entities

  • Nhra Vision · exempt
  • Nhra Ignition · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL HOT ROD ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NATIONAL HOT ROD ASSOCIATION?
NATIONAL HOT ROD ASSOCIATION (California) receives grants from 3 organizations whose IRS filings report $1,236,800 to it, the largest being THE VANCE FAMILY FOUNDATION ($1,050,000). 2 of them have funded it in more than one year.
How many funders does NATIONAL HOT ROD ASSOCIATION have?
IRS filings report 3 organizations giving $1,236,800 in grants to NATIONAL HOT ROD ASSOCIATION, 2 of which have funded it in more than one year.
Who is the largest funder of NATIONAL HOT ROD ASSOCIATION?
THE VANCE FAMILY FOUNDATION is the largest funder on record, with $1,050,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL HOT ROD ASSOCIATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing