Civic Intelligence

Garden State Quarter Midget Racing Club Inc.

990EZ • Fiscal year 2023 • EIN 22-3149074

Jan 01, 2023 to Dec 31, 2023 • Filed on Feb 01, 2025

Organization Profilegardenstateqmrc.com
47 Blake AveCranford, NJ 07016

(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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

51st percentile

4.9%

Higher net margin than 51% of similar nonprofits.

2023 filings • NTEE O20 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • NTEE O20 • <$500k nonprofits • Source year 2023

Asset Growth

64th percentile

15%

Faster asset growth than 64% of similar nonprofits.

2023 filings • NTEE O • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

70%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • NTEE O • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$28,895

Up $3,681 (+15%) from 2022

Net Assets

Up

$28,895

Up $3,681 (+15%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin51st percentile

Revenue

Up

$75,143

Up $30,948 (+70%) from 2022

Expenses

Up

$71,462

Up $21,147 (+42%) from 2022

Net Income

Up

$3,681

Up $9,801 (+160%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth64th 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

2023

Assets$28,895
Liabilities-
Net Assets$28,895
Open 2023 Filing

Operations Trend

Revenue Growth84th 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

2023

Revenue$75,143
Expenses$71,462
Net Income$3,681
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 1, 2025
Return Version
2023v6.0
Gross Receipts
$75,143
Mission and Program Overview

Mission

Provide a youth fostering program.

Program Services

DescriptionGrantsExpenses
RACE EXPENSES-$46,991
AWARDS AND BANQUET-$18,744
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRITTANY FIORESecretaryPT$0--
KATHERINE MANAGOTreasurerPT$0--
ROBERT MURANTEPresidentPT$0--
SCOTT BUCCAVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Garden State Quarter Midget
EIN
22-3149074
Address
47 BLAKE AVE, CRANFORD, NJ 07016

Signing Officer

Name
Donna Ciccone
Title
Treasurer
Signed
2025-02-01
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.1002

“Office Expenses $1564”

Other Expenses.1

“TRACK EXPENSES $46991”

Other Expenses.2

“BANQUET $14071”

Other Expenses.3

“RACING AWARDS $4673”

Other Expenses.4

“Bank and credit card fees $217”

Raw XML Appendix156 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/PersonNm0KATHERINE MANAGO
IRS990EZ/BooksInCareOfDetail/PhoneNum09732638299
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01803A STATE ROAD 34
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007719
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025214
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028895
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03681
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03890
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025214
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028895
IRS990EZ/FundraisingGrossIncomeAmt05635
IRS990EZ/GrossReceiptsAmt075143
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt010775
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025214
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028895
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025214
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028895
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRITTANY FIORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KATHERINE MANAGO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT MURANTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SCOTT BUCCA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt067516
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A YOUTH FOSTERING PROGRAM.
IRS990EZ/PrintingPublicationsPostageAmt056
IRS990EZ/ProgramServiceRevenueAmt058733
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RACE EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AWARDS AND BANQUET
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt046991
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt118744
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt05635
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt071462
IRS990EZ/TotalProgramServiceExpensesAmt065735
IRS990EZ/TotalRevenueAmt075143
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0gardenstateqmrc.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08909
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08136
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010128
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt034733
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt036635
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt044198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt028543
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt043296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0152672
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0187405
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044195
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt053107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt036679
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053424
IRS990ScheduleA/Total509Grp/TotalAmt0187405
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt044195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt053107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt036679
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053424
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0187405
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRACK EXPENSES $46991
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANQUET $14071
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RACING AWARDS $4673
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK AND CREDIT CARD FEES $217
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA CICCONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARDEN STATE QUARTER MIDGET
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RACING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0GARD
ReturnHeader/Filer/EIN0223149074
ReturnHeader/Filer/USAddress/AddressLine1Txt047 BLAKE AVE
ReturnHeader/Filer/USAddress/CityNm0CRANFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007016
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02025-02-01T08:40:10-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,895
Liabilities
-
Net assets
$28,895
Revenue
$75,143
Expenses
$71,462
Net income
$3,681
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
2023Detailed filing. Detailed filing data is available for this year.$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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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