Clement Family Foundation

990EZ • Fiscal year 2012 • EIN 20-8534658

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 28, 2013

Organization Profile N/A

3333 Rusty Wallace Drive50208

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

16%

Higher net margin than 74% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

No value available

This filing does not contain officer compensation rows.

Source year 2012

24%

Faster asset growth than 76% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

-1.1%

Faster revenue growth than 46% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet

Liabilities / Assets53rd percentile

Assets

$127,731

Up $24,576 (+24%) from 2011

Net Assets

$127,731

Up $24,576 (+24%) from 2011

Liabilities

Flat

Flat from 2011

Revenue And Expenses

Liabilities / Revenue57th percentile Net Margin74th percentile

Revenue

Down

$149,373

Down $1,625 (-1.1%) from 2011

Expenses

$124,797

Up $12,538 (+11%) from 2011

Net Income

Down

$24,576

Down $14,163 (-37%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

Highlighted filing

2012

Assets$127,731

Liabilities$0

Net Assets$127,731

Open 2012 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2012

Revenue$149,373

Expenses$124,797

Net Income$24,576

Open 2012 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2012 to Dec 31, 2012
Signed: Aug 28, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

To exclusively promote and carry on any religious, charitable, or educational purpose and/or activity for which corporations may be organized under the provisions of section 501(c)(3)of the internal revenue code.

Filing and Contact Details

Filer

EIN: 20-8534658

Raw XML Appendix191 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.

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IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
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IRS990EZ/ForeignFinancialAccount	0	0
IRS990EZ/ForeignOffice	0	0
IRS990EZ/FundraisingGrossIncome	0	0
IRS990EZ/GainOrLossFromSaleOfAssets	0	0
IRS990EZ/GamingGrossIncome	0	130658
IRS990EZ/GrantsAndSimilarAmountsPaid	0	97976
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IRS990EZ/GrossReceipts	0	149373
IRS990EZ/GrossSalesOfInventory	0	0
IRS990EZ/InfoInScheduleOPartI	0	X
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IRS990EZ/MadeLoansToFromOfficers	0	0
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IRS990EZ/MembershipDues	0	0
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IRS990EZ/NetAssetsOrFundBalancesEOY	0	127731
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	1	0
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	Debb Smith
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	Stanley Clement
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Secretary
IRS990EZ/OperatingSchool	0	0
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	0
IRS990EZ/OrganizationHadUBI	0	0
IRS990EZ/OtherAssetsTotal/BOY	0	0
IRS990EZ/OtherAssetsTotal/EOY	0	0
IRS990EZ/OtherChangesInNetAssets	0	0
IRS990EZ/OtherExpensesTotal	0	20294
IRS990EZ/OtherRevenueTotal	0	0
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	Grants to other 501c(3) organizations like state flood/tornado recovery, animal rescue groups, and college scholarships.
IRS990EZ/PrintingPublicationsPostage	0	5492
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	Grants state universities for scholarships for local students.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	1500
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	0
IRS990EZ/ProgramServiceRevenue	0	0
IRS990EZ/ProhibitedTaxShelterTrans	0	0
IRS990EZ/RelatedOrgControlledEntity	0	0
IRS990EZ/SalariesOtherCompEmplBenefits	0	0
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SpecialEventsNetIncomeLoss	0	130658
IRS990EZ/SubjectToProxyTax	0	0
IRS990EZ/SumOfTotalLiabilities/BOY	0	0
IRS990EZ/SumOfTotalLiabilities/EOY	0	0
IRS990EZ/TanningServicesProvided	0	0
IRS990EZ/TaxImposedUnderIRC4911	0	0
IRS990EZ/TaxImposedUnderIRC4912	0	0
IRS990EZ/TaxImposedUnderIRC4955	0	0
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	3333 Rusty Wallace Drive
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	Newton
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	IA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	50208
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	Debb Smith
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	6417918000
IRS990EZ/TotalAssets/BOY	0	103155
IRS990EZ/TotalAssets/EOY	0	127731
IRS990EZ/TotalExpenses	0	124797
IRS990EZ/TotalProgramServiceExpenses	0	0
IRS990EZ/TotalRevenue	0	149373
IRS990EZ/TransactionWithControlEntity	0	0
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	0
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	14706
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	17469
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	6631
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	3022
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	63269
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	105097
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear	0	4009
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year	0	392
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years	0	794
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	5195
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYear	0	130658
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus1Year	0	133137
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus2Years	0	122216
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus3Years	0	105563
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus4Years	0	11709
IRS990ScheduleA/GrossReceiptsFromNonUBI/Total	0	503283
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear	0	4009
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year	0	392
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years	0	794
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	0
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	5195
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00847
IRS990ScheduleA/PriorYearSupportPercentage	0	0.99745
IRS990ScheduleA/PriorYrInvestIncomePercentage	0	0.00255
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0.99153
IRS990ScheduleA/PublicSupportTotal509	0	608380
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	145364
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	150606
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	128847
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	108585
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	74978
IRS990ScheduleA/Total509/Total	0	608380
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	149373
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	150998
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	129641
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	108585
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	74978
IRS990ScheduleA/TotalSupportTotal/Total	0	613575
IRS990ScheduleG/AddressOfGamingRecKeeperUS/AddressLine1	0	3333 Rusty Wallace Drive
IRS990ScheduleG/AddressOfGamingRecKeeperUS/City	0	Newton
IRS990ScheduleG/AddressOfGamingRecKeeperUS/State	0	IA
IRS990ScheduleG/AddressOfGamingRecKeeperUS/ZIPCode	0	50208
IRS990ScheduleG/AmountDistributed	0	0
IRS990ScheduleG/CharitableDistribRequired	0	0
IRS990ScheduleG/ContractWith3rdPartyForGamRev	0	0
IRS990ScheduleG/GamingInformation/CashPrizesOtherGaming	0	67452
IRS990ScheduleG/GamingInformation/CashPrizesTotalGaming	0	67452
IRS990ScheduleG/GamingInformation/DirectExpenseSummaryGaming	0	67452
IRS990ScheduleG/GamingInformation/GrossRevenueOtherGaming	0	108625
IRS990ScheduleG/GamingInformation/GrossRevenueTotalGaming	0	108625
IRS990ScheduleG/GamingInformation/NetGamingIncomeSummary	0	41173
IRS990ScheduleG/GamingInformation/NonCashPrizesOtherGaming	0	0
IRS990ScheduleG/GamingInformation/NonCashPrizesTotalGaming	0	0
IRS990ScheduleG/GamingInformation/OtherDirectExpensesOtherGaming	0	0
IRS990ScheduleG/GamingInformation/OtherDirectExpensesTotalGaming	0	0
IRS990ScheduleG/GamingInformation/RentFacilityCostsOtherGaming	0	0
IRS990ScheduleG/GamingInformation/RentFacilityCostsTotalGaming	0	0
IRS990ScheduleG/GamingManagerCompensation	0	0
IRS990ScheduleG/GamingManagerIsDirectorOfficer	0	X
IRS990ScheduleG/GamingManagerNamePerson	0	Debb Smith
IRS990ScheduleG/GamingManagerServicesProvided	0	Manage gaming operations
IRS990ScheduleG/GamingWithNonmembers	0	1
IRS990ScheduleG/Licensed	0	1
IRS990ScheduleG/LicenseSuspendedEtc	0	0
IRS990ScheduleG/MemberOfOtherEntity	0	0
IRS990ScheduleG/NameOfGamingRecKeeperPerson	0	Debb Smith
IRS990ScheduleG/PercentageOfGamingOthrFacility	0	0
IRS990ScheduleG/PercentageOfGamingOwnFacility	0	1
IRS990ScheduleG/StatesWhereGamingConducted	0	IA
IRS990ScheduleO/GeneralExplanation/Explanation	0	Description;Amount^Advertising;9542\|Sales Tax;10752^Total;20294^
IRS990ScheduleO/GeneralExplanation/Identifier	0	F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/Explanation	0	Missed filing date
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	208534658
ReturnHeader/Filer/Name/BusinessNameLine1	0	IOWA SPEEDWAY FOUNDATION
ReturnHeader/Filer/NameControl	0	IOWA
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ReturnHeader/Filer/USAddress/AddressLine1	0	3333 Rusty Wallace Drive
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ReturnHeader/Filer/USAddress/ZIPCode	0	50208
ReturnHeader/Officer/DateSigned	0	2013-08-28
ReturnHeader/Officer/Name	0	Debb Smith
ReturnHeader/Officer/Phone	0	6417918000
ReturnHeader/Officer/Title	0	President
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-01-01
ReturnHeader/TaxPeriodEndDate	0	2012-12-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-08-28T16:07:32-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $127,731
Liabilities: $0
Net assets: $127,731
Revenue: $149,373
Expenses: $124,797
Net income: $24,576

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2016Detailed filing. Detailed filing data is available for this year.	$0.12	$0.00	$0.12	$0.00	$0.01	$0.01
2015Detailed filing. Detailed filing data is available for this year.	$0.12	$0.00	$0.12	$0.00	$0.01	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$0.14	$0.00	$0.14	$0.03	$1.38	$1.35
2013Summary only. Only limited summary data is available for this year.	$1.49	$0.00		$0.68	$0.47	$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.28	$0.00	$1.28	$1.49	$1.25	$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.03	$0.00	$1.03	$1.51	$1.12	$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.65	$0.00	$0.65	$1.30	$1.01	$0.28