Civic Intelligence

Garden State Quarter Midget Racing Club Inc.

990EZ • Fiscal year 2019 • EIN 22-3149074

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization Profilegardenstateqmrc.com
120 Dora AvenueWaldwick, NJ 07463

(973) 263-8299

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

57th percentile

5.7%

Higher net margin than 57% of similar nonprofits.

2019 filings • NTEE O • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2019 filings • NTEE O • <$500k nonprofits • Source year 2019

Asset Growth

72nd percentile

29%

Faster asset growth than 72% of similar nonprofits.

2019 filings • NTEE O • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

33rd percentile

-8.7%

Faster revenue growth than 33% of similar nonprofits.

2019 filings • NTEE O • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$13,404

Up $3,045 (+29%) from 2018

Net Assets

Up

$13,404

Up $3,045 (+29%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin57th percentile

Revenue

Down

$53,424

Down $5,098 (-8.7%) from 2018

Expenses

Down

$50,379

Down $5,749 (-10%) from 2018

Net Income

Up

$3,045

Up $651 (+27%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$80K$60K$40K$20K$0Assets 2011: $64,024Liabilities 2011: $02011Assets 2012: $52,941Liabilities 2012: $02012Assets 2013: $52,282Liabilities 2013: $02013Assets 2014: $31,828Liabilities 2014: $02014Assets 2015: $3,756Liabilities 2015: $02015Assets 2016: $7,189Net Assets 2016: $7,1892016Assets 2017: $7,965Net Assets 2017: $7,9652017Assets 2018: $10,359Net Assets 2018: $10,3592018Assets 2019: $13,404Net Assets 2019: $13,4042019Assets 2020: $26,118Net Assets 2020: $26,1182020Assets 2021: $31,334Net Assets 2021: $31,3342021Assets 2022: $25,214Net Assets 2022: $25,2142022Assets 2023: $28,895Net Assets 2023: $28,8952023Assets 2024: $36,405Net Assets 2024: $36,4052024

Highlighted filing

2019

Assets$13,404
Liabilities-
Net Assets$13,404
Open 2019 Filing

Operations Trend

Revenue Growth33rd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $65,179Expenses 2011: $85,897Net Income 2011: -$20,7182011Revenue 2012: $93,647Expenses 2012: $104,730Net Income 2012: -$11,0832012Revenue 2013: $71,998Expenses 2013: $72,657Net Income 2013: -$6592013Revenue 2014: $76,933Expenses 2014: $97,387Net Income 2014: -$20,4542014Revenue 2015: $119,727Expenses 2015: $147,799Net Income 2015: -$28,0722015Revenue 2016: $75,931Expenses 2016: $72,498Net Income 2016: $3,4332016Revenue 2017: $62,052Expenses 2017: $61,276Net Income 2017: $7762017Revenue 2018: $58,522Expenses 2018: $56,128Net Income 2018: $2,3942018Revenue 2019: $53,424Expenses 2019: $50,379Net Income 2019: $3,0452019Revenue 2020: $36,681Expenses 2020: $23,967Net Income 2020: $12,7142020Revenue 2021: $53,106Expenses 2021: $47,890Net Income 2021: $5,2162021Revenue 2022: $44,195Expenses 2022: $50,315Net Income 2022: -$6,1202022Revenue 2023: $75,143Expenses 2023: $71,462Net Income 2023: $3,6812023Revenue 2024: $60,302Expenses 2024: $52,792Net Income 2024: $7,5102024

Highlighted filing

2019

Revenue$53,424
Expenses$50,379
Net Income$3,045
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$53,424
Mission and Program Overview

Mission

Provide a youth fostering program.

Program Services

DescriptionGrantsExpenses
RACE EXPENSES$30,006-
AWARDS AND BANQUET$16,449-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAMANTHA JANYSecretary-$0--
CHARMAINE LARKINTreasurer-$0--
GEORGE WHITEPresident-$0--
RON MULLENVice President-$0--
Filing and Contact Details

Filer

Filer Name
Garden State Quarter Midget
EIN
22-3149074
Address
120 DORA AVENUE, WALDWICK, NJ 07463

Signing Officer

Name
Charmaine Larkin
Title
Treasurer
Signed
2020-11-11
Discuss with paid preparer
Yes

Preparer

Firm
James A Lynch CPA
Address
421 West Main Street, Boonton, NJ 07005
Preparer
James a Lynch CPA
Phone
9732638299
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1573”

Other Expenses.1002

“Office Expenses $502”

Other Expenses.1

“TRACK EXPENSES $29713”

Other Expenses.2

“BANQUET $13553”

Other Expenses.3

“RACING AWARDS $2896”

Other Expenses.4

“TRASH REMOVAL $293”

Other Expenses.5

“FEES - PROFESSIONAL $173”

Other Expenses.6

“CONTRIBUTIONS $100”

Other Expenses.7

“FEES AND LICENSES $26”

Raw XML Appendix164 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/PersonNm0Charmaine Larkin
IRS990EZ/BooksInCareOfDetail/PhoneNum09732638299
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 DORA AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALDWICK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007463
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010359
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013404
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03045
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01550
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010359
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013404
IRS990EZ/FundraisingGrossIncomeAmt0945
IRS990EZ/GrossReceiptsAmt053424
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010359
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013404
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt010359
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013404
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SAMANTHA JANY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHARMAINE LARKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GEORGE WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RON MULLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt048829
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A YOUTH FOSTERING PROGRAM.
IRS990EZ/ProgramServiceRevenueAmt052479
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RACE EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AWARDS AND BANQUET
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030006
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt116449
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt0945
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt050379
IRS990EZ/TotalProgramServiceExpensesAmt046455
IRS990EZ/TotalRevenueAmt053424
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0gardenstateqmrc.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt014585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08662
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014801
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt042398
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt054875
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt048415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt067269
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0101862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0272421
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0314819
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt059225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt063000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt075931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0116663
IRS990ScheduleA/Total509Grp/TotalAmt0314819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt059225
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt063000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt075931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0116666
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0314822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1573
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $502
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRACK EXPENSES $29713
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANQUET $13553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RACING AWARDS $2896
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRASH REMOVAL $293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FEES - PROFESSIONAL $173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CONTRIBUTIONS $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FEES AND LICENSES $26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARMAINE LARKIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARDEN STATE QUARTER MIDGET
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RACING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0GARD
ReturnHeader/Filer/EIN0223149074
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 DORA AVENUE
ReturnHeader/Filer/USAddress/CityNm0WALDWICK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007463
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223393905
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0James A Lynch CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0421 West Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boonton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007005
ReturnHeader/PreparerPersonGrp/PhoneNum09732638299
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES A LYNCH CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-11T06:43:04-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,404
Liabilities
-
Net assets
$13,404
Revenue
$53,424
Expenses
$50,379
Net income
$3,045
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.60$0.53$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.29$0.75$0.71$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.44$0.50$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.31$0.53$0.48$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.26$0.37$0.24$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.53$0.50$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.59$0.56$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.62$0.61$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.07$0.76$0.72$0.03
2015Summary only. Only limited summary data is available for this year.$0.04$0.00$1.20$1.48$0.28
2014Summary only. Only limited summary data is available for this year.$0.32$0.00$0.77$0.97$0.20
2013Summary only. Only limited summary data is available for this year.$0.52$0.00$0.72$0.73$0.01
2012Summary only. Only limited summary data is available for this year.$0.53$0.00$0.94$1.05$0.11
2011Summary only. Only limited summary data is available for this year.$0.64$0.00$0.65$0.86$0.21