2019-10-04T19:46:46-05:00 2017-12-31 770291466 HINRICHER & COUSINO LLP 3275 OLD CONEJO ROAD THOUSAND OAKS CA 91320 990EZ 2017-01-01 320260767 DRAGG INC DRAG 8059737244 300 N GRAVES AVENUE NO F OXNARD CA 93030 JOSE REVELES PRESIDENT 8059737244 2019-07-12 1 BRIAN COUSINO P01363025 8054961883 98.119.12.226 2019-07-12 11:42:04 PD P 11B865A19562DA37D5B5F9D874911D8E92A352B4 D160084DD10D5C2B8ED5B174DCCFEA6893756BC7 2017 2019-02-21 02:37:17Z X X DRAGGTEAM.ORG X X 139913 X 127095 4679 8139 139913 24177 1862 69982 166 51544 147731 -7818 191276 -49237 134221 X 141806 88669 49470 45552 191276 134221 0 0 191276 134221 X PROVIDE RESOURCES FOR RAISING COMMUNITY AWARENESS AND EDUCATING YOUNG PEOPLE REGARDING ALTERNATIVES TO STREET GANGS AND GRAFFITI AND TO ENCOURAGE YOUR PEOPLE TO PURSUE EDUCATION, TRADE SCHOOLS, HOBBIES AND SPORTS PROGRAMS, THROUGH THE DEVELOPMENT AND RACING OF A PRO-STOCK MODIFIED DRAG RACING POLICE CAR WITH THE INVOLVEMENT OF OFFICERS, THEIR PARENTS AND THE COMMUNITY. TO CARRY ON OTHERCHARITABLE ACTIVITIES ASSOCIATED WITH THIS GOAL UNDER THE TERMS OF THE LAW. EDUCATE AND PROMOTE SKILLED YOUTH INTO FIELDS OF AUTOMOTIVE EDUCATION INCLUDING AWARDING SCHOLARSHIPS FOR COMPLETE PROGRAMS TO TOP STUDENTS. 0 21961 21961 JOSE REVELES PRESIDENT 1.00 0 0 0 CYNDI HOOKSTRA VICE PRESIDENT 1.00 0 0 0 JOJI BARRIS SECRETARY 1.00 0 0 0 TRACY LEE CLARKE TREASURER 1.00 0 0 0 RODERICK GILES DIRECTOR 1.00 0 0 0 RANDY LATIMER DIRECTOR 1.00 0 0 0 JASON GELINAS DIRECTOR 1.00 0 0 0 DANIEL SHRUBB CO-DIRECTOR 10.00 0 0 0 CHARLES WOODRUFF CO-DIRECTOR 10.00 0 0 0 RICO SANTANA DIRECTOR 1.00 0 0 0 JOE RODRIQUEZ VICE PRESIDENT 1.00 0 0 0 SANDRA CARRILLO PRESIDENT 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CA THE ORGANIZATION 300 N GRAVES AVENUE NO F OXNARD CA 93030 8059737244 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 100000 171515 102250 55093 127095 555953 100000 171515 102250 55093 127095 555953 555953 2804 140 4601 15806 12803 36154 592107 0.93890 0.94910 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SALE OF MERCHANDISE - 2013 AMOUNT: $ 2,804. 2014 AMOUNT: $ 140. 2015 AMOUNT: $ 4,601. 2016 AMOUNT: $ 15,806. 2017 AMOUNT: $ 8,124. AUTO SERVICE TRAINING - 2017 AMOUNT: $ 4,679. FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: SALE OF MERCHANDISE. AMOUNT: 8,124. DESCRIPTION: OTHER INCOME. AMOUNT: 15. TOTAL TO FORM 990-EZ, LINE 8: 8,139. FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION. AMOUNT: 3,918. DESCRIPTION: OTHER EXPENSES. AMOUNT: 66,064. TOTAL TO FORM 990-EZ, LINE 14: 69,982. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 4,243. DESCRIPTION: CONFERENCES, CONVENTIONS AND MEETINGS. AMOUNT: 2,056. DESCRIPTION: EQUIPMENT RENTAL. AMOUNT: 397. DESCRIPTION: EVENT SUPPLIES. AMOUNT: 2,385. DESCRIPTION: INSURANCE. AMOUNT: 9,051. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 787. DESCRIPTION: PROGRAM SUPPLIES. AMOUNT: 21,961. DESCRIPTION: SCHOLARSHIPS. AMOUNT: 500. DESCRIPTION: TELEPHONE AND INTERNET. AMOUNT: 2,162. DESCRIPTION: UTILITIES. AMOUNT: 2,076. DESCRIPTION: WEBSITE. AMOUNT: 1,008. DESCRIPTION: TRAVEL. AMOUNT: 500. DESCRIPTION: DONATIONS. AMOUNT: 500. DESCRIPTION: FIELD TRIPS. AMOUNT: 992. DESCRIPTION: GRADUATION. AMOUNT: 2,926. TOTAL TO FORM 990-EZ, LINE 16: 51,544. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -49,237. FORM 990-EZ THE 2017 990-EZ IS BEING AMENDED BECAUSE THE ORIGINAL FILING WAS BASED INCOMPLETE BOOKEEPING FOR THE YEAR. AMENDED AMOUNTS FOR FORM 990-EZ ARE AS FOLLOWS: AMOUNT PART 1 LINE 1 - CONTRIBUTIONS, GIFTS, GRANTS $127,095 PART 1 LINE 2 - PROGRAM SERVICE FEES 4,679 PART 1 LINE 8 - OTHER REVENUE 8,139 PART 1 LINE 10 - GRANTS PAID 0 PART 1 LINE 12 - SALARIES, OTHER COMPENSATION 24,177 PART 1 LINE 13 - PROFESSIONAL FEES 1,862 PART 1 LINE 14 - OCCUPANCY, RENT, UTILITIES 69,982 PART 1 LINE 15 - PRINTING, PUBLICATIONS, POSTAGE 166 PART 1 LINE 16 - OTHER EXPENSES 51,544 PART II LINE 22 - CASH, SAVINGS 88,669 PART II LINE 24 - OTHER ASSETS 45,552 PART III LINE 28 - PROGRAM SERVICES EXPENSES 21,961 SCHEDULE A PART II LINE 1E 127,095 SCHEDULE B WAS AMENDED TO ADD A SECOND FOUNDATION DONOR THAT DONATED $50,000 AND REQURIED REPROTING ON SCHEDULE B THAT WAS NOT PREVIOSLY REPORTED. THE NET ASSETS WAS ADJUSTED BY $49,237 DUE TO ERRORS IN BOOKKEEPING THAT RESULTED IN THE DOUBLE RECORDING OF TRANSACTIONS. THE ERROR OCCURRED AS A RESULT OF THE BANKING AUTOMATIC IMPORT TO QUICKBOOKS. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: PREPAID EXPENSES & DEFERRED CHARGES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 0. DESCRIPTION: NON-DEPRECIABLE CARS. BEG. OF YEAR AMOUNT: 34,059. END OF YEAR AMOUNT: 34,059. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 15,411. END OF YEAR AMOUNT: 11,493. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.