Civic Intelligence

Racing Thoughts Inc.

990EZ • Fiscal year 2024 • EIN 13-3835811

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 29, 2024

Organization Profilejanecomfortandcompany.org
41 Eastern Parkway 9ABrooklyn, NY 11238

(212) 226-5109

Siviq Scores

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

Liabilities / Assets

68th percentile

0.03x

Higher debt load relative to assets than 68% of similar nonprofits.

2024 filings • NTEE A • <$500k nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2024 filings • NTEE A • <$500k nonprofits • Source year 2024

Net Margin

68th percentile

18%

Higher net margin than 68% of similar nonprofits.

2024 filings • NTEE A • <$500k nonprofits • Source year 2024

Top Officer Pay

78th percentile

$1,500

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2024 filings • NTEE A • <$500k nonprofits • Source year 2024

Asset Growth

66th percentile

15%

Faster asset growth than 66% of similar nonprofits.

2024 filings • NTEE A • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

0.9%

Faster revenue growth than 47% of similar nonprofits.

2024 filings • NTEE A • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$132,833

Up $17,071 (+15%) from 2023

Net Assets

Up

$128,449

Up $17,233 (+15%) from 2023

Liabilities

Down

$4,384

Down $162 (-3.6%) from 2023

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin68th percentile

Revenue

Up

$97,894

Up $902 (+0.9%) from 2023

Expenses

Down

$80,661

Down $42,120 (-34%) from 2023

Net Income

Up

$17,233

Up $43,022 (+167%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$150K$100K$50K$0Assets 2010: $47,239Liabilities 2010: $4,228Net Assets 2010: $43,0112010Assets 2011: $71,237Liabilities 2011: $8,2432011Assets 2012: $93,703Liabilities 2012: $2,4022012Assets 2013: $95,004Liabilities 2013: $2,294Net Assets 2013: $92,7102013Assets 2014: $90,909Liabilities 2014: $1,469Net Assets 2014: $89,4402014Assets 2015: $89,764Liabilities 2015: $3,9512015Assets 2016: $76,849Liabilities 2016: $0Net Assets 2016: $76,8492016Assets 2017: $80,697Liabilities 2017: $141Net Assets 2017: $80,5562017Assets 2018: $83,502Liabilities 2018: $5,399Net Assets 2018: $78,1032018Assets 2019: $82,221Liabilities 2019: $255Net Assets 2019: $81,9662019Assets 2020: $107,002Liabilities 2020: $0Net Assets 2020: $107,0022020Assets 2021: $134,553Liabilities 2021: $7,219Net Assets 2021: $127,3342021Assets 2022: $141,969Liabilities 2022: $4,964Net Assets 2022: $137,0052022Assets 2023: $115,762Liabilities 2023: $4,546Net Assets 2023: $111,2162023Assets 2024: $132,833Liabilities 2024: $4,384Net Assets 2024: $128,4492024Assets 2025: $145,284Liabilities 2025: $2,769Net Assets 2025: $142,5152025

Highlighted filing

2024

Assets$132,833
Liabilities$4,384
Net Assets$128,449
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $94,750Expenses 2010: $64,547Net Income 2010: $30,2032010Revenue 2011: $144,428Expenses 2011: $124,445Net Income 2011: $19,9832011Revenue 2012: $128,842Expenses 2012: $100,535Net Income 2012: $28,3072012Revenue 2013: $88,745Expenses 2013: $87,336Net Income 2013: $1,4092013Revenue 2014: $87,198Expenses 2014: $90,468Net Income 2014: -$3,2702014Revenue 2015: $57,027Expenses 2015: $60,654Net Income 2015: -$3,6272015Revenue 2016: $128,905Expenses 2016: $137,869Net Income 2016: -$8,9642016Revenue 2017: $48,797Expenses 2017: $43,529Net Income 2017: $5,2682017Revenue 2018: $99,357Expenses 2018: $101,810Net Income 2018: -$2,4532018Revenue 2019: $45,349Expenses 2019: $41,486Net Income 2019: $3,8632019Revenue 2020: $57,390Expenses 2020: $32,354Net Income 2020: $25,0362020Revenue 2021: $46,031Expenses 2021: $25,699Net Income 2021: $20,3322021Revenue 2022: $47,535Expenses 2022: $37,864Net Income 2022: $9,6712022Revenue 2023: $96,992Expenses 2023: $122,781Net Income 2023: -$25,7892023Revenue 2024: $97,894Expenses 2024: $80,661Net Income 2024: $17,2332024Revenue 2025: $53,707Expenses 2025: $39,641Net Income 2025: $14,0662025

Highlighted filing

2024

Revenue$97,894
Expenses$80,661
Net Income$17,233
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 29, 2024
Return Version
2023v5.1
Gross Receipts
$97,894
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

DescriptionGrantsExpenses
Jane Comfort and Company started the fiscal year with rehearsals for a new work, Negotiation #351, which premiered in September at the 2023 DanceNOW festival at Joe's Pub in New York City. In October, Jane was commissioned by NYS Dance Force to mentor NY State artist Olive Prince. Jane spent a week in Ithaca with her and her company, giving feedback on her choreography and challenging her to take more risks. The company celebrated the premiere of the documentary film about Jane Comfort's life and choreographic work, entitled "Breaking Form," at the 2024 Dance On Camera film festival at Lincoln Center to a sold out audience. This feature length film, directed by acclaimed documentarian Alexandra Nikolchev, includes contributions from former performers, composers, and artists who have worked with the company as well as impactful historical footage from periods in New York City that are relevant to Ms. Comfort's choreographic history. "Breaking Form" was screened at festivals in Martha's Vineyard and at the world-renowned Jacob's Pillow Dance Festival, to excellent feedback and spirited discussion. Jane began rehearsing for a new work for the 2024 DanceNOW festival in June.-$66,803
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jane ComfortArtistic DirectorPT$1,500-$1,500
Cynthia SvigalsSecretary-$0--
Lawton FittDirector-$0--
John ComfortDirector-$0--
Sukey WagnerPresident-$0--
Nancy FitzpatrickDirector-$0--
Adrian DohertyTreasurer-$0--
Don McCoyDirector-$0--
Filing and Contact Details

Filer

Filer Name
Racing Thoughts Inc
EIN
13-3835811
Phone
2122265109
Address
41 Eastern Parkway 9A, Brooklyn, NY 11238

Signing Officer

Name
Jane Comfort
Title
Artistic Director
Signed
2024-09-29
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 $1167”

Other Expenses.1001

“Advertising and Promotion $79”

Other Expenses.1002

“Office Expenses $30”

Other Expenses.1003

“Information Technology $609”

Other Expenses.1004

“Royalties $7540”

Other Expenses.1012

“Insurance $1764”

Other Expenses.1

“Production costs $22250”

Other Expenses.2

“Dues and memberships $2949”

Other Expenses.3

“Software $1403”

Other Expenses.4

“Hospitality $958”

Other Expenses.5

“Payroll service $821”

Other Expenses.6

“Bank and transaction fees $753”

Other Expenses.7

“Ticket purchase $476”

Other Expenses.8

“Rehearsal space rental $210”

Other Expenses.9

“Filing fees $75”

Other Expenses.10

“Penalties $50”

Other Expenses.11

“Fundraising expense $30”

Other Expenses.12

“Touring costs $6”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $4038”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $2022 Accounts Payable and Accrued Expenses - Ending $3954”

Total Liabilities.1

“- Beginning $0 - 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Organization
IRS990EZ/BooksInCareOfDetail/PhoneNum02122265109
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt041 Eastern Parkway 9A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011238
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0115762
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0128795
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt090089
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017233
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024116
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0115762
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132833
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt097894
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02638
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0111216
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0128449
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0111216
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0128449
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jane Comfort
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Cynthia Svigals
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lawton Fitt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3John Comfort
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Sukey Wagner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Nancy Fitzpatrick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Adrian Doherty
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Don McCoy
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Artistic Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04038
IRS990EZ/OtherExpensesTotalAmt040003
IRS990EZ/OtherRevenueTotalAmt01167
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Racing 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/ProgramServiceRevenueAmt04000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Jane Comfort and Company started the fiscal year with rehearsals for a new work, Negotiation #351, which premiered in September at the 2023 DanceNOW festival at Joe's Pub in New York City. In October, Jane was commissioned by NYS Dance Force to mentor NY State artist Olive Prince. Jane spent a week in Ithaca with her and her company, giving feedback on her choreography and challenging her to take more risks. The company celebrated the premiere of the documentary film about Jane Comfort's life and choreographic work, entitled "Breaking Form," at the 2024 Dance On Camera film festival at Lincoln Center to a sold out audience. This feature length film, directed by acclaimed documentarian Alexandra Nikolchev, includes contributions from former performers, composers, and artists who have worked with the company as well as impactful historical footage from periods in New York City that are relevant to Ms. Comfort's choreographic history. "Breaking Form" was screened at festivals in Martha's Vineyard and at the world-renowned Jacob's Pillow Dance Festival, to excellent feedback and spirited discussion. Jane began rehearsing for a new work for the 2024 DanceNOW festival in June.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt066803
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt016542
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04546
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04384
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt080661
IRS990EZ/TotalProgramServiceExpensesAmt066803
IRS990EZ/TotalRevenueAmt097894
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0janecomfortandcompany.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt090089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt047082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt051712
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0286452
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02638
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01304
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt088
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04120
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt048362
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01167
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0375
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0248
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt040
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01830
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62940
IRS990ScheduleA/PublicSupportPY170Pct00.60940
IRS990ScheduleA/PublicSupportTotal170Amt0184052
IRS990ScheduleA/SubstantialContributorsTotAmt0102400
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt090089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt047082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044693
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt051712
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0286452
IRS990ScheduleA/TotalSupportAmt0292402
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Miscellaneous $1167
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $79
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information Technology $609
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Royalties $7540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $1764
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Production costs $22250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Dues and memberships $2949
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Software $1403
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Hospitality $958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll service $821
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Bank and transaction fees $753
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Ticket purchase $476
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Rehearsal space rental $210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Filing fees $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Penalties $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Fundraising expense $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Touring costs $6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $4038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Accounts Payable and Accrued Expenses - Beginning $2022 Accounts Payable and Accrued Expenses - Ending $3954
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Total Liabilities.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jane Comfort
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Artistic Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Racing Thoughts Inc
ReturnHeader/Filer/BusinessNameControlTxt0RACI
ReturnHeader/Filer/EIN0133835811
ReturnHeader/Filer/PhoneNum02122265109
ReturnHeader/Filer/USAddress/AddressLine1Txt041 Eastern Parkway 9A
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011238
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823782880
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mary G Sormeley CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0560 Day Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ridgefield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007657
ReturnHeader/PreparerPersonGrp/PhoneNum02018328922
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mary G Sormeley
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-09-29T16:45:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$132,833
Liabilities
$4,384
Net assets
$128,449
Revenue
$97,894
Expenses
$80,661
Net income
$17,233
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.45$0.03$1.43$0.54$0.40$0.14
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.04$1.28$0.98$0.81$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.16$0.05$1.11$0.97$1.23$0.26
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.05$1.37$0.48$0.38$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.07$1.27$0.46$0.26$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$0.57$0.32$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.45$0.41$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.05$0.78$0.99$1.02$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.49$0.44$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$1.29$1.38$0.09
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.90$0.04$0.57$0.61$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.01$0.89$0.87$0.90$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.02$0.93$0.89$0.87$0.01
2012Summary only. Only limited summary data is available for this year.$0.94$0.02$1.29$1.01$0.28
2011Summary only. Only limited summary data is available for this year.$0.71$0.08$1.44$1.24$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.04$0.43$0.95$0.65$0.30
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • NTEE A620 • <$500k nonprofits