Icy Racing

990EZ • Fiscal year 2011 • EIN 23-2339780

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 02, 2012

Organization Profile

1230 Bridegtown Pike19053-2219

Siviq Scores

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

0.18x

Higher debt load relative to assets than 79% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

0.08x

Higher debt load relative to revenue than 79% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

-125%

Higher net margin than 4% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

No value available

This filing does not contain officer compensation rows.

Source year 2011

-72%

Faster asset growth than 5% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

-82%

Faster revenue growth than 4% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet

Liabilities / Assets79th percentile

Assets

Down

$8,406

Down $21,324 (-72%) from 2010

Net Assets

Down

$6,906

Down $22,824 (-77%) from 2010

Liabilities

$1,500

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue79th percentile Net Margin4th percentile

Revenue

Down

$18,268

Down $84,835 (-82%) from 2010

Expenses

Down

$41,092

Down $38,796 (-49%) from 2010

Net Income

Down

-$22,824

Down $46,039 (-198%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

Highlighted filing

2011

Assets$8,406

Liabilities$1,500

Net Assets$6,906

Open 2011 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2011

Revenue$18,268

Expenses$41,092

Net Income-$22,824

Open 2011 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2011 to Dec 31, 2011
Signed: Nov 2, 2012
Return Version: 2011v1.2

Filing and Contact Details

Filer

EIN: 23-2339780

Raw XML Appendix148 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/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	29730
IRS990EZ/CashSavingsAndInvestments/EOY	0	8406
IRS990EZ/ContributionsGiftsGrantsEtc	0	0
IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-22824
IRS990EZ/FiledScheduleA	0	false
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/FundraisingGrossIncome	0	0
IRS990EZ/GainOrLossFromSaleOfAssets	0	0
IRS990EZ/GamingGrossIncome	0	0
IRS990EZ/GroProfitLossSalesOfInventory	0	0
IRS990EZ/GrossReceipts	0	18268
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InvestmentIncome	0	0
IRS990EZ/LoansToFromOfficers	0	1500
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	true
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	0
IRS990EZ/MethodOfAccountingCash	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	29730
IRS990EZ/NetAssetsOrFundBalancesBOY	0	29730
IRS990EZ/NetAssetsOrFundBalances/EOY	0	6906
IRS990EZ/NetAssetsOrFundBalancesEOY	0	6906
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1	0	1230 BRIDGETOWN PIKE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City	0	LANGHORNE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State	0	PA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode	0	19053
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	10.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	DAVID ROSENBLUM
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	Director
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherExpensesTotal	0	41092
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	DRUG ABUSE PREVENTION
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	Opportunity for inner city youths living in a drug abuse environment to participate in auto racing, 2 youths participating.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	41092
IRS990EZ/ProgramServiceRevenue	0	18268
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/RelatedOrgSection527Org	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SpecialEventsNetIncomeLoss	0	0
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/EOY	0	1500
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	1230 BRIDGETOWN PIKE
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	LANGORNE
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	PA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	190532247
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	ICY RACING
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	2157577043
IRS990EZ/TotalAssets/BOY	0	29730
IRS990EZ/TotalAssets/EOY	0	8406
IRS990EZ/TotalExpenses	0	41092
IRS990EZ/TotalProgramServiceExpenses	0	41092
IRS990EZ/TotalRevenue	0	18268
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	WWW.ICYRACING.COM
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	4000
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	4000
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	0
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years	0	1
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years	0	1
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years	0	9
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	11
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	18268
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	103103
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	10554
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	283590
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	267441
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	682956
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years	0	1
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years	0	1
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	9
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	11
IRS990ScheduleA/InvestmentIncomePercentage	0	0
IRS990ScheduleA/PriorYearSupportPercentage	0	1.00000
IRS990ScheduleA/PriorYrInvestIncomePercentage	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	1.00000
IRS990ScheduleA/PublicSupportPertcentage170	0	0
IRS990ScheduleA/PublicSupportTotal170	0	0
IRS990ScheduleA/PublicSupportTotal509	0	686956
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	18268
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	103103
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	10554
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	283590
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	271441
IRS990ScheduleA/Total509/Total	0	686956
IRS990ScheduleA/TotalSupportTotal/Total	0	686967
IRS990ScheduleL/LoanTable/ApprovedByBoard	0	true
IRS990ScheduleL/LoanTable/BalanceDue	0	1500
IRS990ScheduleL/LoanTable/Default	0	false
IRS990ScheduleL/LoanTable/LoanFromOrganization	0	X
IRS990ScheduleL/LoanTable/NamePerson	0	DAVID ROSENBLUM
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount	0	1500
IRS990ScheduleL/LoanTable/PurposeOfLoan	0	CASH FLOW NEEDS
IRS990ScheduleL/LoanTable/WrittenAgreement	0	false
IRS990ScheduleL/TotalBalanceDue	0	1500
IRS990ScheduleO/GeneralExplanation/Explanation	0	RACING EXPENSES 41092.
IRS990ScheduleO/GeneralExplanation/Explanation	1	PAYABLES TO OFFICERS, KEY EMPLOYEES, ETC. 0. 1500.
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS	0	2016-02-24 21:20:13Z
ReturnHeader/Filer/EIN	0	232339780
ReturnHeader/Filer/Name/BusinessNameLine1	0	ICY RACING
ReturnHeader/Filer/NameControl	0	ICYR
ReturnHeader/Filer/Phone	0	2157577043
ReturnHeader/Filer/USAddress/AddressLine1	0	1230 BRIDEGTOWN PIKE
ReturnHeader/Filer/USAddress/City	0	LANGHORNE
ReturnHeader/Filer/USAddress/State	0	PA
ReturnHeader/Filer/USAddress/ZIPCode	0	190532219
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2012-11-02
ReturnHeader/Officer/Name	0	DAVID ROSENBLUM
ReturnHeader/Officer/Phone	0	2157577043
ReturnHeader/Officer/Title	0	DIRECTOR
ReturnHeader/Preparer/DatePrepared	0	2012-11-02
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	DAVID E KLEIN CPA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	3993 HUNTINDON PIKE SUITE 201
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	HUNTINGDON VALLEY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	PA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	190061931
ReturnHeader/Preparer/Name	0	DAVID E KLEIN
ReturnHeader/Preparer/Phone	0	2159475474
ReturnHeader/Preparer/SelfEmployed	0	X
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2011-01-01
ReturnHeader/TaxPeriodEndDate	0	2011-12-31
ReturnHeader/TaxYear	0	2011
ReturnHeader/Timestamp	0	2012-11-02T11:20:31-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $8,406
Liabilities: $1,500
Net assets: $6,906
Revenue: $18,268
Expenses: $41,092
Net income: -$22,824

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.08	$0.02	$0.07	$0.18	$0.41	$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.30		$0.30	$1.03	$0.80	$0.23