Civic Intelligence

Race Timing Unlimited Inc

990 • Fiscal year 2016 • EIN 26-1407427

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 11, 2017

612 Lafayette BlvdFredericksburg, VA 22401-6094

(540) 374-0545

Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.02x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

39th percentile

-0.5%

Higher net margin than 39% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

84th percentile

$24,891

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

90th percentile

87%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

3.9%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$42,838

Up $19,906 (+87%) from 2015

Net Assets

Up

$36,960

Up $19,310 (+109%) from 2015

Liabilities

Up

$5,878

Up $596 (+11%) from 2015

Revenue

Up

$372,284

Up $14,099 (+3.9%) from 2015

Expenses

Up

$373,997

Up $8,091 (+2.2%) from 2015

Net Income

Up

-$1,713

Up $6,008 (+78%) from 2015

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0-$20KAssets 2010: $36,223Liabilities 2010: $42,214Net Assets 2010: -$5,9912010Assets 2011: $42,238Liabilities 2011: $40,436Net Assets 2011: $1,8022011Assets 2012: $53,725Liabilities 2012: $30,358Net Assets 2012: $23,3672012Assets 2013: $52,688Liabilities 2013: $21,925Net Assets 2013: $30,7632013Assets 2014: $61,849Liabilities 2014: $11,342Net Assets 2014: $50,5072014Assets 2015: $22,932Liabilities 2015: $5,282Net Assets 2015: $17,6502015Assets 2016: $42,838Liabilities 2016: $5,878Net Assets 2016: $36,9602016Assets 2017: $8,858Liabilities 2017: $1,689Net Assets 2017: $7,1692017Assets 2018: $3,371Liabilities 2018: $3,410Net Assets 2018: -$392018Assets 2019: $15,916Liabilities 2019: $3,483Net Assets 2019: $12,4332019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2016

Assets$42,838
Liabilities$5,878
Net Assets$36,960

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $304,3782010Expenses 2011: $338,5782011Expenses 2012: $333,9232012Revenue 2013: $374,286Expenses 2013: $367,140Net Income 2013: $7,1462013Revenue 2014: $406,828Expenses 2014: $387,750Net Income 2014: $19,0782014Revenue 2015: $358,185Expenses 2015: $365,906Net Income 2015: -$7,7212015Revenue 2016: $372,284Expenses 2016: $373,997Net Income 2016: -$1,7132016Revenue 2017: $323,893Expenses 2017: $354,248Net Income 2017: -$30,3552017Revenue 2018: $292,732Expenses 2018: $299,941Net Income 2018: -$7,2092018Revenue 2019: $228,375Expenses 2019: $217,466Net Income 2019: $10,9092019Revenue 2020: $53,073Expenses 2020: $64,797Net Income 2020: -$11,7242020

Highlighted filing

2016

Revenue$372,284
Expenses$373,997
Net Income-$1,713
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 11, 2017
Return Version
2016v3.0
Gross Receipts
$372,284
Mission and Program Overview

Mission

Promotion of youth fitness

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$17,650$36,960▲ $19,310
Cash and Non-Interest-Bearing Accounts$13,010$36,376▲ $23,366
Land, Buildings, and Equipment, Net$9,922$6,462▼ $3,460
Loans From Officers Directors$4,949$538▼ $4,411
Total Assets$22,932$42,838▲ $19,906
Liabilities
Accounts Payable and Accrued Expenses$333$5,340▲ $5,007
Total Liabilities$5,282$5,878▲ $596
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,650$36,960▲ $19,310
Total Liabilities and Net Assets / Fund Balance$22,932$42,838▲ $19,906

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,462$93,246-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Vic CulpEx DirectorPT$24,891$24,891
Bob BrammerTreas-$1,642$1,642

Board Members and Trustees

NameTitle
Caren WalkerDirector
Debi BernardesDirector
Joe NicoteraDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$372,284
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,916
Salaries, Compensation, and Employee Benefits$49,913
Grants and Similar Amounts Paid$2,168
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$22,391$4,132$0$26,523
Other Salaries and Wages$23,390$0$0$23,390
Other Expenses$10,325$0$0$10,325
Depreciation Depletion$6,531$0$0$6,531
Travel$3,946$439$0$4,385
Fees for Services Other$3,466$866$0$4,332
Insurance$3,877$0$0$3,877
Information Technology$2,329$259$0$2,588
Grants to Domestic Orgs$2,168--$2,168
Advertising$907$0$0$907
Fees for Services Accounting$0$600$0$600
Conferences and Meetings$0$397$0$397
Interest$186$0$0$186
Total Functional Expenses$367,304$6,693$0$373,997
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$4,949$538▼ $4,411
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Race Timing Unlimited Inc
EIN
26-1407427
Phone
5403740545
Address
612 Lafayette Blvd, Fredericksburg, VA 22401-6094

Signing Officer

Name
Bob Brammer
Title
Treas
Phone
5403740545
Signed
2017-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Brammer
Formed
2007
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
3
Employees
14
Volunteers
75

Preparer

Firm
Brammer & Associates LLC
Address
612 Lafayette Blvd Ste 150, Fredericksburg, VA 22401-6094
Preparer
W Robert Brammer Ea
Phone
5403740545
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

by email

Form 990EZ, Part I, Line 16

Advertising

Form 990EZ, Part I, Line 16

Donations

Form 990EZ, Part I, Line 16

Race Fees Passed to Sponsoring Orgs

Form 990EZ, Part I, Line 16

Race Related Oper Exp

Form 990EZ, Part I, Line 16

Bank & Credit Fees

Form 990EZ, Part I, Line 16

Insurance

Form 990EZ, Part I, Line 16

Equip Transport

Form 990EZ, Part I, Line 16

Office & Web Exp

Form 990EZ, Part I, Line 16

Travel

Form 990EZ, Part I, Line 16

Uniforms

Form 990EZ, Part I, Line 16

Licenses

Form 990EZ, Part I, Line 16

Interest Exp

Form 990EZ, Part I, Line 16

Repairs

Form 990EZ, Part II, Line 24

Timing & SAfety Equipment (net of Deprn)

Form 990EZ, Part II, Line 26

Note payable - Culp

Form 990EZ, Part II, Line 26

Payroll Taxes

Raw XML Appendix392 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Repairs
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Timing & SAfety Equipment (net of Deprn)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Note payable - Culp
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Payroll Taxes
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt022932
IRS990/TotalAssetsEOYAmt042838
IRS990/TotalAssetsGrp/BOYAmt022932
IRS990/TotalAssetsGrp/EOYAmt042838
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06693
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0367304
IRS990/TotalFunctionalExpensesGrp/TotalAmt0373997
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05282
IRS990/TotalLiabilitiesEOYAmt05878
IRS990/TotalLiabilitiesGrp/BOYAmt05282
IRS990/TotalLiabilitiesGrp/EOYAmt05878
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017650
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt036960
IRS990/TotalProgramServiceExpensesAmt0367304
IRS990/TotalProgramServiceRevenueAmt0372284
IRS990/TotalReportableCompFromOrgAmt026533
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0372284
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0372284
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt022932
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042838
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0439
IRS990/TravelGrp/ProgramServicesAmt03946
IRS990/TravelGrp/TotalAmt04385
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0612 Lafayette Blvd
IRS990/USAddress/CityNm0Fredericksburg
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022401
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0RaceTimingUnlimited.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BOB BRAMMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum05403740545
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Race Timing Unlimited Inc
ReturnHeader/Filer/BusinessNameControlTxt0RACE
ReturnHeader/Filer/EIN0261407427
ReturnHeader/Filer/PhoneNum05403740545
ReturnHeader/Filer/USAddress/AddressLine1Txt0612 Lafayette Blvd
ReturnHeader/Filer/USAddress/CityNm0Fredericksburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0224016094
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00342CC9B41EB2A5C284433CAA4E7CB77084DE6A3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00342CC9B41EB2A5C284433CAA4E7CB77084DE6A3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.71.202.48
ReturnHeader/FilingSecurityInformation/IPDt02017-05-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm012:14:10
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRAMMER & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0612 Lafayette Blvd Ste 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fredericksburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0224016094
ReturnHeader/PreparerPersonGrp/PhoneNum05403740545
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0W ROBERT BRAMMER EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-12T12:14:13-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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