Civic Intelligence

Air Race Classic Inc.

990 • Fiscal year 2022 • EIN 03-0443003

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 22, 2024

107 Kent DriveNorth Wales, PA 19454

(267) 261-7667

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

0.07x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

8.1%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

118%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$265,993

Up $19,986 (+8.1%) from 2021

Net Assets

Up

$256,986

Up $22,072 (+9.4%) from 2021

Liabilities

Down

$9,007

Down $2,086 (-19%) from 2021

Revenue

Up

$121,629

Up $65,730 (+118%) from 2021

Expenses

Up

$99,557

Up $68,514 (+221%) from 2021

Net Income

Down

$22,072

Down $2,784 (-11%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $65,825Liabilities 2010: $500Net Assets 2010: $65,3252010Assets 2011: $81,309Liabilities 2011: $500Net Assets 2011: $80,8092011Assets 2012: $98,955Liabilities 2012: $500Net Assets 2012: $98,4552012Assets 2013: $105,403Liabilities 2013: $0Net Assets 2013: $105,4032013Assets 2014: $137,883Liabilities 2014: $2,2752014Assets 2015: $178,238Liabilities 2015: $5,4502015Assets 2016: $198,699Liabilities 2016: $4,100Net Assets 2016: $194,5992016Assets 2017: $208,178Liabilities 2017: $3,1252017Assets 2018: $244,426Liabilities 2018: $2,825Net Assets 2018: $241,6012018Assets 2019: $231,459Liabilities 2019: $2,225Net Assets 2019: $229,2342019Assets 2020: $223,051Liabilities 2020: $12,993Net Assets 2020: $210,0582020Assets 2021: $246,007Liabilities 2021: $11,093Net Assets 2021: $234,9142021Assets 2022: $265,993Liabilities 2022: $9,007Net Assets 2022: $256,9862022Assets 2023: $271,466Liabilities 2023: $7,958Net Assets 2023: $263,5082023Assets 2024: $290,877Liabilities 2024: $7,409Net Assets 2024: $283,4682024Assets 2025: $305,981Liabilities 2025: $8,234Net Assets 2025: $297,7472025

Highlighted filing

2022

Assets$265,993
Liabilities$9,007
Net Assets$256,986

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $81,327Expenses 2010: $59,858Net Income 2010: $21,4692010Revenue 2011: $89,857Expenses 2011: $74,373Net Income 2011: $15,4842011Revenue 2012: $84,299Expenses 2012: $66,653Net Income 2012: $17,6462012Revenue 2013: $80,684Expenses 2013: $74,236Net Income 2013: $6,4482013Revenue 2014: $94,635Expenses 2014: $64,430Net Income 2014: $30,2052014Revenue 2015: $113,830Expenses 2015: $76,650Net Income 2015: $37,1802015Revenue 2016: $165,551Expenses 2016: $143,740Net Income 2016: $21,8112016Revenue 2017: $131,171Expenses 2017: $120,717Net Income 2017: $10,4542017Revenue 2018: $114,209Expenses 2018: $77,661Net Income 2018: $36,5482018Revenue 2019: $102,369Expenses 2019: $114,736Net Income 2019: -$12,3672019Revenue 2020: $31,440Expenses 2020: $50,616Net Income 2020: -$19,1762020Revenue 2021: $55,899Expenses 2021: $31,043Net Income 2021: $24,8562021Revenue 2022: $121,629Expenses 2022: $99,557Net Income 2022: $22,0722022Revenue 2023: $131,214Expenses 2023: $124,692Net Income 2023: $6,5222023Revenue 2024: $150,846Expenses 2024: $130,886Net Income 2024: $19,9602024Revenue 2025: $114,696Expenses 2025: $100,417Net Income 2025: $14,2792025

Highlighted filing

2022

Revenue$121,629
Expenses$99,557
Net Income$22,072
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 22, 2024
Return Version
2021v4.1
Gross Receipts
$252,560
Mission and Program Overview

Mission

To develop and advance aviation education

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$227,552$247,538▲ $19,986
Inventories for Sale or Use$6,253$6,253→ $0
Land, Buildings, and Equipment, Net$5,387$5,387→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$246,007$265,993▲ $19,986
Other Assets Total$6,815$6,815→ $0
Liabilities
Deferred Revenue$11,093$9,007▼ $2,086
Total Liabilities$11,093$9,007▼ $2,086
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$228,099$185,859▼ $42,240
Net Assets With Donor Restrictions$6,815$71,127▲ $64,312
Total Net Assets Fund Balance$234,914$256,986▲ $22,072
Total Liabilities and Net Assets / Fund Balance$246,007$265,993▲ $19,986

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,387-$5,387
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lara GaertePresident
Donna HarrisVice President
Sherry KandleSecretary
Linda EvansTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$41,652
Program Service Revenue
$79,572
Investment Income
$-3,299
Other Revenue
$3,704
All Other Contributions
$41,652
Change in Net Assets
$22,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,557
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$5,960$7,817-$13,777
Other Expenses$10,629--$10,629
Advertising$2,722--$2,722
Fees for Services Legal-$1,597-$1,597
Fees for Services Accounting-$500-$500
Total Functional Expenses$89,643$9,914$0$99,557
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Air Race Classic
EIN
03-0443003
Phone
2672617667
Address
107 KENT DRIVE, NORTH WALES, PA 19454

Signing Officer

Name
Linda Evans
Title
Treasurer
Signed
2024-08-22
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Mcgrath Nothman Pc
Address
9180 E DESERT COVE AVE SUITE 104, Scottsdale, AZ 85260
Preparer
Paul R Nothman
Phone
4809511040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

ARC BANK SERVICE CHARGES: Column (A) - Total = $2532; Column (B) - Program Services = $0; Column (C) - Management & General = $2532; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ARC EARLY DISCOUNTS: Column (A) - Total = $3220; Column (B) - Program Services = $3220; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ARC INSURANCE: Column (A) - Total = $3116; Column (B) - Program Services = $0; Column (C) - Management & General = $3116; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ARC IT EXPENSES: Column (A) - Total = $1486; Column (B) - Program Services = $0; Column (C) - Management & General = $1486; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ARC MISCELLANEOUS EXPENSES: Column (A) - Total = $3; Column (B) - Program Services = $0; Column (C) - Management & General = $3; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ARC SPONSORS EXPENSE: Column (A) - Total = $680; Column (B) - Program Services = $0; Column (C) - Management & General = $680; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $2740; Column (B) - Program Services = $2740; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Raw XML AppendixShowing 400 of 406 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO DEVELOP AND ADVANCE AVIATION EDUCATION
IRS990/AdvertisingGrp/ProgramServicesAmt02722
IRS990/AdvertisingGrp/TotalAmt02722
IRS990/AllOtherContributionsAmt041652
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07817
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05960
IRS990/AllOtherExpensesGrp/TotalAmt013777
IRS990/AmendedReturnInd0X
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0LINDA EVANS
IRS990/BooksInCareOfDetail/PhoneNum02672617667
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0107 KENT DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTH WALES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019454
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0227552
IRS990/CashNonInterestBearingGrp/EOYAmt0247538
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt03589
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt041652
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-3299
IRS990/CYOtherExpensesAmt099557
IRS990/CYOtherRevenueAmt03704
IRS990/CYProgramServiceRevenueAmt079572
IRS990/CYRevenuesLessExpensesAmt022072
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt099557
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0121629
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt011093
IRS990/DeferredRevenueGrp/EOYAmt09007
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0ANNUAL CROSS COUNTRY AIR RACE FOR WOMEN INVOLVING NUMEROUS NORTH AMERICAN AIRPORTS. PROCEEDS GOING TO CHARITIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt06815
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt071127
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt089643
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0500
IRS990/FeesForServicesAccountingGrp/TotalAmt0500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01597
IRS990/FeesForServicesLegalGrp/TotalAmt01597
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0LARA GAERTE
IRS990/Form990PartVIISectionAGrp/PersonNm1DONNA HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm2SHERRY KANDLE
IRS990/Form990PartVIISectionAGrp/PersonNm3LINDA EVANS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-5272
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0122070
IRS990/GrossReceiptsAmt0252560
IRS990/GrossSalesOfInventoryAmt010528
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt06253
IRS990/InventoriesForSaleOrUseGrp/EOYAmt06253
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01973
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt01973
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05387
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05387
IRS990/LandBldgEquipCostOrOtherBssAmt05387
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0127342
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO DEVELOP AND ADVANCE AVIATION EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0234914
IRS990/NetAssetsOrFundBalancesEOYAmt0256986
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5272
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0-5272
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt06939
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt06939
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0973
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0228099
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0185859
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06815
IRS990/OtherAssetsTotalGrp/EOYAmt06815
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ARC AWARD ITEMS
IRS990/OtherExpensesGrp/Desc1ARC WEBSITE DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2ARC RACE EXPENSES
IRS990/OtherExpensesGrp/Desc3Printing and Publications
IRS990/OtherExpensesGrp/ProgramServicesAmt029025
IRS990/OtherExpensesGrp/ProgramServicesAmt126775
IRS990/OtherExpensesGrp/ProgramServicesAmt214532
IRS990/OtherExpensesGrp/ProgramServicesAmt310629
IRS990/OtherExpensesGrp/TotalAmt029025
IRS990/OtherExpensesGrp/TotalAmt126775
IRS990/OtherExpensesGrp/TotalAmt214532
IRS990/OtherExpensesGrp/TotalAmt310629
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED LOSS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-3235
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-3235
IRS990/OtherRevenueTotalAmt0-3235
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0LINDA EVANS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0812900
IRS990/ProgramServiceRevenueGrp/Desc0AIR RACE CLASSIC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt079572
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt079572
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt024930
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02596
IRS990/PYInvestmentIncomeAmt01007
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt028447
IRS990/PYOtherRevenueAmt06425
IRS990/PYProgramServiceRevenueAmt023537
IRS990/PYRevenuesLessExpensesAmt024856
IRS990/PYTotalExpensesAmt031043
IRS990/PYTotalRevenueAmt055899
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt022072
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt076543
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041652
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024930
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030978
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt035300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049591
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0182451
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01972
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01007
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03882
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06427
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05514
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt018802
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt083482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029962
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt015048
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt065227
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt061438
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0255157
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-3300
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01007
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03882
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06427
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05514
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013530
IRS990ScheduleA/InvestmentIncomeCYPct00.03020
IRS990ScheduleA/InvestmentIncomePYPct00.02860
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0-3234
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0-3234
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt0-5272
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt0-5272
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97700
IRS990ScheduleA/PublicSupportPY509Pct00.97140
IRS990ScheduleA/PublicSupportTotal509Amt0437608
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0125134
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054892
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt046026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0100527
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0111029
IRS990ScheduleA/Total509Grp/TotalAmt0437608
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0118600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt055899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt049908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0106954
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0116543
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0447904
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05387
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05387
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05387
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARC BANK SERVICE CHARGES: Column (A) - Total = $2532; Column (B) - Program Services = $0; Column (C) - Management & General = $2532; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARC EARLY DISCOUNTS: Column (A) - Total = $3220; Column (B) - Program Services = $3220; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ARC INSURANCE: Column (A) - Total = $3116; Column (B) - Program Services = $0; Column (C) - Management & General = $3116; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ARC IT EXPENSES: Column (A) - Total = $1486; Column (B) - Program Services = $0; Column (C) - Management & General = $1486; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ARC MISCELLANEOUS EXPENSES: Column (A) - Total = $3; Column (B) - Program Services = $0; Column (C) - Management & General = $3; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ARC SPONSORS EXPENSE: Column (A) - Total = $680; Column (B) - Program Services = $0; Column (C) - Management & General = $680; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Postage and Shipping: Column (A) - Total = $2740; Column (B) - Program Services = $2740; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0246007
IRS990/TotalAssetsEOYAmt0265993
IRS990/TotalAssetsGrp/BOYAmt0246007
IRS990/TotalAssetsGrp/EOYAmt0265993
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt041652
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09914
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt089643
IRS990/TotalFunctionalExpensesGrp/TotalAmt099557
IRS990/TotalGrossUBIAmt0-3299
IRS990/TotalLiabilitiesBOYAmt011093
IRS990/TotalLiabilitiesEOYAmt09007
IRS990/TotalLiabilitiesGrp/BOYAmt011093
IRS990/TotalLiabilitiesGrp/EOYAmt09007
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234914
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0256986
IRS990/TotalProgramServiceExpensesAmt089643
IRS990/TotalProgramServiceRevenueAmt079572
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt083276
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0121629
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-3299
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0246007
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0265993
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/USAddress/AddressLine1Txt0107 KENT DRIVE
IRS990/USAddress/CityNm0NORTH WALES
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019454
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA EVANS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AIR RACE CLASSIC
ReturnHeader/Filer/BusinessNameControlTxt0AIRR
ReturnHeader/Filer/EIN0030443003
ReturnHeader/Filer/PhoneNum02672617667
ReturnHeader/Filer/USAddress/AddressLine1Txt0107 KENT DRIVE
ReturnHeader/Filer/USAddress/CityNm0NORTH WALES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019454
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860804062
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCGRATH NOTHMAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09180 E DESERT COVE AVE SUITE 104
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Scottsdale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085260
ReturnHeader/PreparerPersonGrp/PhoneNum04809511040

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.06$0.08$2.98$1.15$1.00$0.14
2024Detailed filing. Detailed filing data is available for this year.$2.91$0.07$2.83$1.51$1.31$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.71$0.08$2.64$1.31$1.25$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.66$0.09$2.57$1.22$1.00$0.22
2021Detailed filing. Detailed filing data is available for this year.$2.46$0.11$2.35$0.56$0.31$0.25
2020Detailed filing. Detailed filing data is available for this year.$2.23$0.13$2.10$0.31$0.51$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.31$0.02$2.29$1.02$1.15$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.44$0.03$2.42$1.14$0.78$0.37
2017Summary only. Only limited summary data is available for this year.$2.08$0.03$1.31$1.21$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.99$0.04$1.95$1.66$1.44$0.22
2015Summary only. Only limited summary data is available for this year.$1.78$0.05$1.14$0.77$0.37
2014Summary only. Only limited summary data is available for this year.$1.38$0.02$0.95$0.64$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.81$0.74$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.01$0.98$0.84$0.67$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.01$0.81$0.90$0.74$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.01$0.65$0.81$0.60$0.21