Cathedral Land and Speed Company
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Using motorsports and the automotive arts to teach workforce development, leadership, and skills training in a hands-on communal environment.
- Income
- $147,853
- Spending
- $109,916
- Reserves
- 13 months of spending
- Largest source of income
- donations and private grants, 75%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (employment, under $250k).
Reserves
35 of 35Spendable reserves would cover 13.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ 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)
- $20,000 spent. Motorsports: Karting 101 12 students across four cohorts, each cohort met twice weekly for eight weeks for a mandatory 40hrs and an additional optional 40hrs on Saturdays. Plus an offsite track day. (each student was served between 40-90hrs per eight weeks) Learned: systems thinking and theory/disassembly/assembly of 2-stroke engines, carburetors, braking system, steering system, and much more. As well as basic fabrication, basic hand tools and shop tools (metal shear, metal break, disc and bench grinder, files, hacksaw, etc).
- $8,000 spent. Intro to Motorsports: Karting 102 Three students (16-18 years of age, 33% female) for our initial cohort, twice weekly for six weeks. Six 10hr off-site track days, plus 15hrs of mandatory prep and repair and an optional 30hrs on Saturdays. (each student was served between 75-105hrs across six weeks) Learned: in addition to a far deeper understanding of all the 101 topics: theory and application of race driving, how to systematically break down a race track, threshold braking and throttle application, vision control, sound decision-making, personal accountability, teamwork.
- $3,000 spent. Individual pre-apprenticeships: Two students, totaling 486hrs
Source: Form 990EZ 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 January 2022.
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.