Classic Auto Rides Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Social car club organized for social event and gathering while raising funds for donations to be given to charities, such as Friends U Need Inc, Whispering Angels Youth Ranch and North Gwinnett Co OP
- Income
- $325,837
- Spending
- $370,432
- Spent on programs
- 100%
- Reserves
- 1 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 6
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 25% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 14% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 44 out of 100. Higher than 20% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
5 of 250 of 10 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $370,432 spent. Buford High School Foundation $25000 Friends U Need $25000 Whispering Angels $25000 Brightside Cafe $10000 Progeria Foundation $10000 Childrens Healthcare of Atlanta $20000 Citibank Services for Billy Wilson $8378.08 Emergency Dive Response Team $5000 Gateway House $10000
- Gwinnett Special Forces Special Olympics $15000 Hometown Christian Counceling $25000 Jarrard Burch Foundation $3000 Justice Federal Credit Union Chase Redner $5000 Krogh Family Scholorship Foundation $20000 Memorial Park Funeral Home Henry Aquilar $3500 Mt Piscah Misitry $5000 Top Dog K9 veteran dog facility $10000 Unseen Hands Ministry $5000
- 12 Stone Church $1000 Krunkelton Family $4180.81 Holiday Goodies for Children $1096.11 North Gwinnett Co-Op Food donation $855.25 International United Miss for Phoebe Harper $500
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.