Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Racing Thoughts Inc.
990EZ • Fiscal year 2016 • EIN 13-3835811
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 4.7% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Down$76,849
Down $12,915 (-14%) from 2015
Net Assets
$76,849
No earlier filing loaded for comparison.
Liabilities
Down$0
Down $3,951 (-100%) from 2015
Revenue And Expenses
Revenue
Up$128,905
Up $71,878 (+126%) from 2015
Expenses
Up$137,869
Up $77,215 (+127%) from 2015
Net Income
Down-$8,964
Down $5,337 (-147%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2015 to Jun 30, 2016
- Signed
- Mar 4, 2017
- Return Version
- 2015v3.0
- Gross Receipts
- $128,905
Mission and Program Overview
Mission
Racing Thoughts was formed to support the artistic work of Jane Comfort and Company. Jane Comfort has been choreographing since 1978 and creates dance theater works that are dedicated to achieving a new fusion of text and movement as a means of deep social commentary.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Companys works have confronted issues such as racism, homophobia, sexism, gender issues, government sanctioned torture, and identity. The company has also demonstrated a commitment to collaboration with visionary artists. Jane Comfort and Company provides performances, workshops, lecture demonstrations, master classes, and humanities events that attract multi-ethnic, multi-generational dance, music, and theater audience as well as groups outside of traditional artistic communities. The company seeks venues that are able to facilitate meaningful exchange within the community.Program activities for fiscal year 2016 included three tours of Jane Comfort and Companys 2012 work titled Beauty and a premiere of a new work, You Are Here. Also in September 2016, Jane Comfort and Company created a short performance for the DanceNow Festival at Joes Pub in New York City. Clown Car received the audience choice award at and was selected to perform in an additional DanceNow Encore performance. Beauty toured to the University of Rochester in January 2016 for a 4-day performance residency that included student classes and one public performance. A month later, Jane Comfort and Company returned to Raritan Valley Community College with Beauty for one performance. Finally, Beauty toured to the University of Washington in Seattle for three performances and two student classes in April 2016. All tours included one night of post-performance artist discussions with the audience. In March 2016 Jane Comfort and Companys newest work, You Are Here, had a week-long technical residency at the American Dance Institute in Rockville, Maryland where the Company performed two work-in-progress public performances, both with post-performance receptions with the artists and audiences. The new work premiered in June 2016 at The Kitchen in New York with three performances. | $120,265 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jane Comfort | Artistic Director | FT | $6,000 | - | $6,000 |
| Cynthia Svigals | Secretary | - | $0 | - | - |
| Lawton Fitt | Director | - | $0 | - | - |
| John Comfort | Director | - | $0 | - | - |
| Sukey Wagner | President | - | $0 | - | - |
| Nancy Fitzpatrick | Director | - | $0 | - | - |
| Adrian Buzz Doherty | Treasurer | - | $0 | - | - |
| Don McCoy | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Racing Thoughts Inc
- EIN
- 13-3835811
- Phone
- 2122265109
- Address
- 55 North Moore St, New York, NY 10013
Signing Officer
- Name
- Jane Comfort
- Title
- Artistic Director
- Signed
- 2017-03-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Mary G Sormeley CPA
- Address
- 560 Day Ave, Ridgefield, NJ 07657
- Preparer
- Mary G Sormeley
- Phone
- 2018328922
Supplemental Narrative
Additional Explanations
Other Revenue.1
“Miscellaneous $1883”
Other Expenses.1001
“Advertising and Promotion $321”
Other Expenses.1002
“Office Expenses $1135”
Other Expenses.1005
“Travel $13613”
Other Expenses.1010
“Amortization $130”
Other Expenses.1012
“Insurance $5790”
Other Expenses.1
“Production expenses $8291”
Other Expenses.2
“Miscellaneous $5013”
Other Expenses.3
“Hospitality $2545”
Other Expenses.4
“Dues and subscriptions $560”
Other Expenses.5
“Bank charges $355”
Other Expenses.6
“Local transportation $238”
Other Expenses.9
“Filing fees $100”
Other Expenses.10
“Telephone & telecommunications $95”
Other Expenses.11
“Ticket purchase $90”
Other Expenses.12
“Penalties and fees $3”
Other Assets.1006
“Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $1493”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $8059 Prepaid Expenses and Deferred Charges - Ending $2373”
Other Assets.1012
“Intangible Assets - Beginning $0 Intangible Assets - Ending $389”
Other Assets.1
“Security deposit - Beginning $10 Security deposit - Ending $10”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $585 Payable to Officers, Directors, Etc. - Ending $0”
Total Liabilities.1
“Payroll liabilities - Beginning $3366 Payroll liabilities - Ending $0”
Raw XML Appendix214 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Organization |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2122265109 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 55 North Moore St |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | New York |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10013 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 81695 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 72584 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 57208 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8964 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 26979 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 89764 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 76849 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 128905 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 64 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 85813 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 76849 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 85813 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 76849 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 6000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jane Comfort |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Cynthia Svigals |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Lawton Fitt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | John Comfort |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Sukey Wagner |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Nancy Fitzpatrick |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Adrian Buzz Doherty |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Don McCoy |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Artistic Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 8069 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4265 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38279 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1883 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Racing Thoughts was formed to support the artistic work of Jane Comfort and Company. Jane Comfort has been choreographing since 1978 and creates dance theater works that are dedicated to achieving a new fusion of text and movement as a means of deep social commentary. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 357 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 69750 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Companys works have confronted issues such as racism, homophobia, sexism, gender issues, government sanctioned torture, and identity. The company has also demonstrated a commitment to collaboration with visionary artists. Jane Comfort and Company provides performances, workshops, lecture demonstrations, master classes, and humanities events that attract multi-ethnic, multi-generational dance, music, and theater audience as well as groups outside of traditional artistic communities. The company seeks venues that are able to facilitate meaningful exchange within the community.Program activities for fiscal year 2016 included three tours of Jane Comfort and Companys 2012 work titled Beauty and a premiere of a new work, You Are Here. Also in September 2016, Jane Comfort and Company created a short performance for the DanceNow Festival at Joes Pub in New York City. Clown Car received the audience choice award at and was selected to perform in an additional DanceNow Encore performance. Beauty toured to the University of Rochester in January 2016 for a 4-day performance residency that included student classes and one public performance. A month later, Jane Comfort and Company returned to Raritan Valley Community College with Beauty for one performance. Finally, Beauty toured to the University of Washington in Seattle for three performances and two student classes in April 2016. All tours included one night of post-performance artist discussions with the audience. In March 2016 Jane Comfort and Companys newest work, You Are Here, had a week-long technical residency at the American Dance Institute in Rockville, Maryland where the Company performed two work-in-progress public performances, both with post-performance receptions with the artists and audiences. The new work premiered in June 2016 at The Kitchen in New York with three performances. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 120265 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 72254 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3951 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 137869 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 120265 |
| IRS990EZ/TotalRevenueAmt | 0 | 128905 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | janecomfortandcompany.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 57208 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 52932 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35897 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 48271 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77203 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 271511 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 64 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 58 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 58 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 535 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 792 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 1883 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 1883 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.55670 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.58600 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 152630 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 118881 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 57208 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 52932 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35897 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 48271 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77203 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 271511 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 274186 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Miscellaneous $1883 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Advertising and Promotion $321 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Office Expenses $1135 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Travel $13613 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Amortization $130 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Insurance $5790 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Production expenses $8291 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Miscellaneous $5013 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Hospitality $2545 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Dues and subscriptions $560 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Bank charges $355 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Local transportation $238 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Filing fees $100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Telephone & telecommunications $95 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Ticket purchase $90 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Penalties and fees $3 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $1493 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Prepaid Expenses and Deferred Charges - Beginning $8059 Prepaid Expenses and Deferred Charges - Ending $2373 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Intangible Assets - Beginning $0 Intangible Assets - Ending $389 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | Security deposit - Beginning $10 Security deposit - Ending $10 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | Payable to Officers, Directors, Etc. - Beginning $585 Payable to Officers, Directors, Etc. - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | Payroll liabilities - Beginning $3366 Payroll liabilities - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1010 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Other Assets.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Other Assets.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jane Comfort |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Artistic Dir. |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-03-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Racing Thoughts Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RACI |
| ReturnHeader/Filer/EIN | 0 | 133835811 |
| ReturnHeader/Filer/PhoneNum | 0 | 2122265109 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 55 North Moore St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New York |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10013 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Mary G Sormeley CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 560 Day Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Ridgefield |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07657 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2018328922 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mary G Sormeley |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2017-03-04T08:08:58-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $76,849
- Liabilities
- $0
- Net assets
- $76,849
- Revenue
- $128,905
- Expenses
- $137,869
- Net income
- -$8,964