Competitive Drive Inc is a private foundation focused on Recreation & Sports, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3K
+6.8% YoY
Revenue
$200
-66.7% YoY
Net Investment Income
—
Expenses
—
-100.0% YoY
Under IRS private-foundation payout rules, Competitive Drive Inc reported a distributable amount of $152 for 2024 — the minimum it must pay out in qualifying distributions.
About Competitive Drive Inc
Based on IRS filings
Competitive Drive Inc is a private foundation focused on Recreation & Sports, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,128 | $2,928 | $2,359 |
| Revenue | $200 | $600 | $600 |
| Expenses | — | $31 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $152 | $131 | $103 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRENT PIATTELLI | CEO | 1 | — |
| GREGORY HANLON JR | CFO SECRETARY | 1 | — |
| STEPHEN WALLACE JR | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Competitive Drive Inc?
Competitive Drive Inc is a nonprofit organization focused on Recreation & Sports, based in LOS ALTOS, CA. It holds $3K in total assets as of 2024.
How large is Competitive Drive Inc?
As of 2024, Competitive Drive Inc holds $3K in total assets with $200 in annual revenue.
How much is Competitive Drive Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Competitive Drive Inc reported a distributable amount of $152 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Competitive Drive Inc's EIN?
Competitive Drive Inc's EIN (Employer Identification Number) is 46-4827383. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.