Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Palmyra Racing Association Inc Co Sheryl Ladelfa
990EZ • Fiscal year 2015 • EIN 16-1477370
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
66th percentile
Faster asset growth than 66% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Balance Sheet
Assets
Up$235,041
Up $27,800 (+13%) from 2014
Net Assets
Up$231,656
Up $24,415 (+12%) from 2014
Liabilities
Up$3,385
Up $3,385 from 2014
Revenue And Expenses
Revenue
Down$129,343
Down $14,665 (-10%) from 2014
Expenses
Down$104,928
Down $33,924 (-24%) from 2014
Net Income
Up$24,415
Up $19,259 (+374%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Mar 28, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $129,343
Mission and Program Overview
Mission
To promote, encourage, aid and engage in the art and skill of motorcycling and the better understanding thereof and to foster the safety of such sport.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Provide a fun, safe place to practice motorcycle riding while at the same time promoting family values and activities for all members. | $0 | $98,964 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Bill McMahon | President | - | $0 | - | - |
| Dan Stone | Vice President | - | $0 | - | - |
| Sheryl LaDelfa | Treasurer | - | $0 | - | - |
| Deb Carlson | Secretary | - | $0 | - | - |
| Russ Rugaber | Member | - | $0 | - | - |
| Mark Bisig | Member | - | $0 | - | - |
| Andy VanCamp | Member | - | $0 | - | - |
| Michelle Jones | Member | - | $0 | - | - |
| Randy Smith | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Palmyra Racing Association Inc
- EIN
- 16-1477370
- Phone
- 3152631400
- Address
- 126 East Charlotte Ave, Palmyra, NY 14522
Signing Officer
- Name
- Sheryl LaDelfa
- Title
- Treasurer
- Phone
- 3152631400
- Signed
- 2016-03-28
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Heveron & Company CPAs PLLC
- Address
- 260 Plymouth Avenue South, Rochester, NY 14608
- Preparer
- Brenda Smith
- Phone
- 5852322956
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 4 - Other Investment Income
“Description: Interest Income. Amount: 157.”
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: Other Related Revenue. Amount: 2,916. Description: Rental Income. Amount: 11,185. Total to Form 990-EZ, line 8: 14,101.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Race and Banquet and Event Expenses. Amount: 27,677. Description: Insurance. Amount: 14,266. Description: Other Program Expenses. Amount: 3,515. Description: Business Expenses. Amount: 697. Description: Employee/Member Relations. Amount: 1,212. Description: Depreciation. Amount: 10,009. Total to Form 990-EZ, line 16: 57,376.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Other Depreciable Assets. Beg. of Year Amount: 37,877. End of Year Amount: 36,275.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 3,385.”
Raw XML Appendix158 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 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | The Organization |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3152631400 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 126 East Charlotte Ave |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Palmyra |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14522 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 169364 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 198766 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 24415 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1726 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 207241 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 235041 |
| IRS990EZ/GrossReceiptsAmt | 0 | 129343 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 157 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 56528 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 207241 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 231656 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 207241 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 231656 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 45799 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.00 |
| 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/AverageHrsPerWkDevotedToPosRt | 8 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| 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/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Bill McMahon |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Dan Stone |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Sheryl LaDelfa |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Deb Carlson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Russ Rugaber |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Mark Bisig |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Andy VanCamp |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Michelle Jones |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | Randy Smith |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Member |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Member |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 37877 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 36275 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 57376 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 14101 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To promote, encourage, aid and engage in the art and skill of motorcycling and the better understanding thereof and to foster the safety of such sport. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 27 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 58557 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Provide a fun, safe place to practice motorcycle riding while at the same time promoting family values and activities for all members. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 98964 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3385 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 104928 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 98964 |
| IRS990EZ/TotalRevenueAmt | 0 | 129343 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.palmyramx.com |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: Interest Income. Amount: 157. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Other Related Revenue. Amount: 2,916. Description: Rental Income. Amount: 11,185. Total to Form 990-EZ, line 8: 14,101. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Race and Banquet and Event Expenses. Amount: 27,677. Description: Insurance. Amount: 14,266. Description: Other Program Expenses. Amount: 3,515. Description: Business Expenses. Amount: 697. Description: Employee/Member Relations. Amount: 1,212. Description: Depreciation. Amount: 10,009. Total to Form 990-EZ, line 16: 57,376. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Other Depreciable Assets. Beg. of Year Amount: 37,877. End of Year Amount: 36,275. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 3,385. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Other Investment Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 8 - Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | 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. |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Sheryl LaDelfa |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3152631400 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-03-28 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Palmyra Racing Association Inc |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O Sheryl LaDelfa |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PALM |
| ReturnHeader/Filer/EIN | 0 | 161477370 |
| ReturnHeader/Filer/PhoneNum | 0 | 3152631400 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 126 East Charlotte Ave |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Palmyra |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14522 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 271895149 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Heveron & Company CPAs PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 260 Plymouth Avenue South |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Rochester |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14608 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5852322956 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-03-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Brenda Smith |
| ReturnHeader/ReturnTs | 0 | 2016-04-02T13:49:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $235,041
- Liabilities
- $3,385
- Net assets
- $231,656
- Revenue
- $129,343
- Expenses
- $104,928
- Net income
- $24,415