Civic Intelligence

Good Times Quarter Midget Racing Assoc In

EIN 20-8821362 • 501(c)3 • Madera, CA

Profile

To organize and support racing activities

2370 W Cleveland AveMadera, CA 93637

http//www.goodtimesqm.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

85th percentile

47%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$30,631

Down $34,666 (-53%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$56,765

Down $31,236 (-35%) from 2023

Expenses

Up

$90,871

Up $26,409 (+41%) from 2023

Net Income

Down

-$34,106

Down $57,645 (-245%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2013: $38,362Liabilities 2013: $02013Assets 2014: $41,824Liabilities 2014: $02014Assets 2015: $23,233Liabilities 2015: $02015Assets 2016: $19,563Liabilities 2016: $02016Assets 2017: $33,512Net Assets 2017: $33,5122017Assets 2018: $40,257Net Assets 2018: $40,2572018Assets 2019: $47,836Liabilities 2019: $02019Assets 2020: $44,021Net Assets 2020: $44,0212020Assets 2022: $39,820Net Assets 2022: $39,8202022Assets 2023: $65,297Liabilities 2023: $02023Assets 2024: $30,631Liabilities 2024: $02024

Highlighted filing

2024

Assets$30,631
Liabilities$0
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $57,424Expenses 2013: $55,355Net Income 2013: $2,0692013Revenue 2014: $58,203Expenses 2014: $55,741Net Income 2014: $2,4622014Revenue 2015: $121,330Expenses 2015: $134,950Net Income 2015: -$13,6202015Revenue 2016: $72,128Expenses 2016: $75,798Net Income 2016: -$3,6702016Revenue 2017: $72,380Expenses 2017: $62,101Net Income 2017: $10,2792017Revenue 2018: $62,364Expenses 2018: $55,619Net Income 2018: $6,7452018Revenue 2019: $66,239Expenses 2019: $58,660Net Income 2019: $7,5792019Revenue 2020: $69,523Expenses 2020: $73,338Net Income 2020: -$3,8152020Revenue 2022: $80,065Expenses 2022: $51,296Net Income 2022: $28,7692022Revenue 2023: $88,001Expenses 2023: $64,462Net Income 2023: $23,5392023Revenue 2024: $56,765Expenses 2024: $90,871Net Income 2024: -$34,1062024

Highlighted filing

2024

Revenue$56,765
Expenses$90,871
Net Income-$34,106

Filings

Latest Detailed Filing

The latest 2024 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Feb 1, 2021 to Jan 31, 2022
Signed
Dec 15, 2022
Return Version
2021v4.1
Gross Receipts
$80,065
Mission and Program Overview

Mission

To create and maintain a clean,safe, healthy sport, which may be enjoyed by father, son, mother, daughter in relationship with better sportsmanship. To acquaint the younger generation with the handling of mechanical devices, coordination, alertness, and ability to handle motor-driven vehicles. To impress the younger generation with the idea of fairness, generosity, and sense of responsibility without envy to others.

Program Services

DescriptionGrantsExpenses
GOOD TIMES QUARTER MIDGET RACING ORGANIZES AND SUPPORTS SEVERAL RACING EVENTS EACH YEAR, HOSTING LOCAL RACING IN MADERA, CALIFORNIA AND ALSO HOSTING NATIONAL EVENTS HELD IN OTHER LOCALES, SUCH AS LAS VEGAS, NEVADA-$48,461
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derek HolidayPresident-$0--
Tim LydonVice President-$0--
Shellie AmerjanSecretary-$0--
Annaliza VierraTreasurer-$0--
Cody JessupSafety Director-$0--
Jim Stringfield IIITech Director-$0--
Kim LydonSnack Bar-$0--
Julie StringfieldPit Steward-$0--
Sarah HolidayPublicity Direc-$0--
Jason VierraTraining Direct-$0--
Tammy PadillaRegional Direct-$0--
Filing and Contact Details

Filer

Filer Name
Good Times Quarter Midget Racing
EIN
20-8821362
Phone
5597060749
Address
2370 W CLEVELAND AVE, Madera, CA 93637

Signing Officer

Name
Annaliza Vierra
Title
Treasurer
Signed
2022-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Hudson Henderson & Company Inc
Address
7473 N Ingram Suite 102, Fresno, CA 93711
Preparer
Kip Hudson
Phone
5594127576
Supplemental Narrative

Additional Explanations

Other Revenue.1

Refunds $31

Other Expenses.1

SSWN (2021) $28931

Other Expenses.2

MAINTENANCE $8258

Other Expenses.3

TOWER SUPPLIES $1548

Other Expenses.4

CLUB CAR/RACE DAY $1075

Other Expenses.5

SNACK BAR $361

Other Expenses.6

THROPHIES $325

Other Expenses.7

SOS/NONPROFIT STATUS $20

Other Expenses.8

ERRORS $10

Raw XML Appendix193 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/OperateHospitalInd0false
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hudson Henderson & Company Inc
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ReturnHeader/TaxPeriodBeginDt02021-02-01
ReturnHeader/TaxPeriodEndDt02022-01-31
ReturnHeader/TaxYr02021

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