Civic Intelligence

World Karting Association Inc

990 • Fiscal year 2018 • EIN 31-0810666

Dec 01, 2017 to Nov 30, 2018 • Filed on May 14, 2019

6051 Victory LaneConcord, NC 28027

(704) 455-1606

Siviq Scores

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

Liabilities / Assets

26th percentile

0.04x

Higher debt load relative to assets than 26% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

16th percentile

0.01x

Higher debt load relative to revenue than 16% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Net Margin

24th percentile

-4.0%

Higher net margin than 24% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2018 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2018

Asset Growth

7th percentile

-10%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2016 to 2018

Revenue Growth

47th percentile

1.4%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2016 to 2018

Assets

Down

$511,358

Down $124,079 (-20%) from 2016

Net Assets

Down

$493,113

Down $51,872 (-9.5%) from 2016

Liabilities

Down

$18,245

Down $72,207 (-80%) from 2016

Revenue

Up

$1,262,178

Up $34,254 (+2.8%) from 2016

Expenses

Up

$1,312,497

Up $22,667 (+1.8%) from 2016

Net Income

Up

-$50,319

Up $11,587 (+19%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $569,290Liabilities 2014: $64,559Net Assets 2014: $504,7312014Assets 2015: $661,185Liabilities 2015: $54,294Net Assets 2015: $606,8912015Assets 2016: $635,437Liabilities 2016: $90,452Net Assets 2016: $544,9852016Assets 2018: $511,358Liabilities 2018: $18,245Net Assets 2018: $493,1132018Assets 2019: $485,619Liabilities 2019: $85,496Net Assets 2019: $400,1232019Assets 2020: $491,938Liabilities 2020: $195,284Net Assets 2020: $296,6542020Assets 2021: $551,594Liabilities 2021: $261,766Net Assets 2021: $289,8282021Assets 2022: $566,349Liabilities 2022: $257,164Net Assets 2022: $309,1852022Assets 2023: $550,113Liabilities 2023: $253,209Net Assets 2023: $296,9042023Assets 2024: $537,200Liabilities 2024: $242,447Net Assets 2024: $294,7532024

Highlighted filing

2018

Assets$511,358
Liabilities$18,245
Net Assets$493,113

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $1,352,694Expenses 2014: $1,298,515Net Income 2014: $54,1792014Revenue 2015: $1,251,092Expenses 2015: $1,148,932Net Income 2015: $102,1602015Revenue 2016: $1,227,924Expenses 2016: $1,289,830Net Income 2016: -$61,9062016Revenue 2018: $1,262,178Expenses 2018: $1,312,497Net Income 2018: -$50,3192018Revenue 2019: $1,255,123Expenses 2019: $1,348,113Net Income 2019: -$92,9902019Revenue 2020: $1,044,098Expenses 2020: $1,147,567Net Income 2020: -$103,4692020Revenue 2021: $1,530,529Expenses 2021: $1,537,355Net Income 2021: -$6,8262021Revenue 2022: $1,552,440Expenses 2022: $1,533,083Net Income 2022: $19,3572022Revenue 2023: $1,629,619Expenses 2023: $1,641,900Net Income 2023: -$12,2812023Revenue 2024: $1,351,835Expenses 2024: $1,353,986Net Income 2024: -$2,1512024

Highlighted filing

2018

Revenue$1,262,178
Expenses$1,312,497
Net Income-$50,319
Jump To
Filing Snapshot
Filing Period
Dec 1, 2017 to Nov 30, 2018
Signed
May 14, 2019
Return Version
2017v2.2
Gross Receipts
$1,262,178
Mission and Program Overview

Mission

To provide a safe, fair, consistent, fun, and affordable environment for the beginner, hobbyist, and future stars of motorsports to fulfill their racing dreams.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$543,432$493,113▼ $50,319
Investments Other Securities$234,310$234,310→ $0
Savings and Temporary Cash Investments$212,869$134,905▼ $77,964
Accounts Receivable$57,613$83,827▲ $26,214
Cash and Non-Interest-Bearing Accounts$32,032$35,010▲ $2,978
Land, Buildings, and Equipment, Net$18,755$16,641▼ $2,114
Total Assets$562,244$511,358▼ $50,886
Other Assets Total$6,665$6,665→ $0
Liabilities
Accounts Payable and Accrued Expenses$18,812$19,321▲ $509
Other Liabilities-$-1,076-
Total Liabilities$18,812$18,245▼ $567
Net Assets / Fund Balance
Total Net Assets Fund Balance$543,432$493,113▼ $50,319
Total Liabilities and Net Assets / Fund Balance$562,244$511,358▼ $50,886

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,306$26,810$43,116
Equipment$335$13,963$14,298
Other Assets Org$6,665--
Other Securities$234,310--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael TetreaultChair of Board
Kevin WilliamsPresident
Bobby GettysVice President
Chris KardashianTrustee District 1
Roger HatcherTrustee District 10
Robby HarperTrustee District 2
Chuck GafrararTrustee District 3
Matt BryantTrustee District 4
Randall LylesTrustee District 5
Pat SlatteryTrustee District 6
GeorgeLEE SierackiTrustee District 7
Michael TetreaultTrustee District 8
Angelo BuffomanteTrustee District 9
Kevin WilliamsCIK Liason
Steve JacobsonSecretary
Angelo BuffomanteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,247
Program Service Revenue
$1,211,092
Investment Income
$36
Other Revenue
$803
Change in Net Assets
$-50,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,156,413
Salaries, Compensation, and Employee Benefits$156,084
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$131,922-$131,922
Occupancy-$69,247-$69,247
Office Expenses-$29,013-$29,013
Travel$24,789--$24,789
All Other Expenses$13,560$5,899-$19,459
Payroll Taxes-$17,330-$17,330
Insurance$15,759--$15,759
Fees for Services Legal-$10,985-$10,985
Other Employee Benefits-$8,092-$8,092
Fees for Services Accounting-$4,960-$4,960
Advertising$2,776--$2,776
Depreciation Depletion-$2,114-$2,114
Interest-$934-$934
Conferences and Meetings$590--$590
Other Expenses$10--$10
Pension Plan Contributions-$-1,260-$-1,260
Total Functional Expenses$1,033,261$279,236$0$1,312,497
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$-1,076
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Some trustees own businesses that other trustees and the organization do transact business.

Members or stockholder classes and rights Part VI line 6

The membership is divided into ten districts throughout the united states and canada.

Member election for additional members Part VI line 7A

The membership vote on trustees to represent the different districts.

Governing body decisions Part VI line 7B

Any changes to bylaws require a vote from the membership.

Form 990 governing body review Part VI line 11

The form 990 is reviewed by the vice president and treasurer prior to filing the return.

Governing documents etc available to public Part VI line 19

Posted periodically in magazine and on website.

Filing and Contact Details

Filer

Filer Name
Wka Association
EIN
31-0810666
Address
6051 VICTORY LANE, CONCORD, NC 28027

Signing Officer

Name
Angelo Buffomante
Title
President
Phone
7044551606
Signed
2019-05-14
Discuss with paid preparer
No

Organization Details

Formed
1985
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
4

Preparer

Firm
Better Financial Solutions LLC
Address
6465 Frank Ave NW, North Canton, OH 44720
Preparer
Marie Cutlip
Phone
3304945335
Raw XML AppendixShowing 400 of 481 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018812
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019321
IRS990/AccountsReceivableGrp/BOYAmt057613
IRS990/AccountsReceivableGrp/EOYAmt083827
IRS990/AcctCompileOrReviewBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE A SAFE, FAIR, CONSISTENT, FUN, AND AFFORDABLE ENVIRONMENT FOR THE BEGINNER, HOBBYIST, AND FUTURE STARS OF MOTORSPORTS TO FULFILL THEIR RACING DREAMS.
IRS990/AdvertisingGrp/ProgramServicesAmt02776
IRS990/AdvertisingGrp/TotalAmt02776
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05899
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013560
IRS990/AllOtherExpensesGrp/TotalAmt019459
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Marie Borsuk
IRS990/BooksInCareOfDetail/PhoneNum07044551606
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06051 Victory Lane
IRS990/BooksInCareOfDetail/USAddress/CityNm0Concord
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028027
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt032032
IRS990/CashNonInterestBearingGrp/EOYAmt035010
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0590
IRS990/ConferencesMeetingsGrp/TotalAmt0590
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt050247
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt036
IRS990/CYOtherExpensesAmt01156413
IRS990/CYOtherRevenueAmt0803
IRS990/CYProgramServiceRevenueAmt01211092
IRS990/CYRevenuesLessExpensesAmt0-50319
IRS990/CYSalariesCompEmpBnftPaidAmt0156084
IRS990/CYTotalExpensesAmt01312497
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01262178
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02114
IRS990/DepreciationDepletionGrp/TotalAmt02114
IRS990/Desc0CONDUCTS AND SANCTIONS RACE EVENTS FOR THE BENEFIT OF THE MEMBERS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0996883
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04960
IRS990/FeesForServicesAccountingGrp/TotalAmt04960
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010985
IRS990/FeesForServicesLegalGrp/TotalAmt010985
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt155.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt165.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Tetreault
IRS990/Form990PartVIISectionAGrp/PersonNm1Chris Kardashian
IRS990/Form990PartVIISectionAGrp/PersonNm2Robby Harper
IRS990/Form990PartVIISectionAGrp/PersonNm3Chuck Gafrarar
IRS990/Form990PartVIISectionAGrp/PersonNm4Matt Bryant
IRS990/Form990PartVIISectionAGrp/PersonNm5Randall Lyles
IRS990/Form990PartVIISectionAGrp/PersonNm6Pat Slattery
IRS990/Form990PartVIISectionAGrp/PersonNm7GeorgeLEE Sieracki
IRS990/Form990PartVIISectionAGrp/PersonNm8Michael Tetreault
IRS990/Form990PartVIISectionAGrp/PersonNm9Angelo Buffomante
IRS990/Form990PartVIISectionAGrp/PersonNm10Roger Hatcher
IRS990/Form990PartVIISectionAGrp/PersonNm11Kevin Williams
IRS990/Form990PartVIISectionAGrp/PersonNm12Bobby Gettys
IRS990/Form990PartVIISectionAGrp/PersonNm13BOBBY GETTYS
IRS990/Form990PartVIISectionAGrp/PersonNm14Steve Jacobson
IRS990/Form990PartVIISectionAGrp/PersonNm15Angelo Buffomante
IRS990/Form990PartVIISectionAGrp/PersonNm16Kevin Williams
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair of Board
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee District 1
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee District 2
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee District 3
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee District 4
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee District 5
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee District 6
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee District 7
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee District 8
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee District 9
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee District 10
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CIK Liason
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01262178
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt036
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt036
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InsuranceGrp/ProgramServicesAmt015759
IRS990/InsuranceGrp/TotalAmt015759
IRS990/InterestGrp/ManagementAndGeneralAmt0934
IRS990/InterestGrp/TotalAmt0934
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0234310
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0234310
IRS990/IRPDocumentCnt065
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040773
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018755
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016641
IRS990/LandBldgEquipCostOrOtherBssAmt057414
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt050247
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE A SAFE, FAIR, CONSISTENT, FUN, AND AFFORDABLE ENVIRONMENT FOR THE BEGINNER, HOBBYIST, AND FUTURE STARS OF MOTORSPORTS TO FULFILL THEIR RACING DREAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0543432
IRS990/NetAssetsOrFundBalancesEOYAmt0493113
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt069247
IRS990/OccupancyGrp/TotalAmt069247
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029013
IRS990/OfficeExpensesGrp/TotalAmt029013
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06665
IRS990/OtherAssetsTotalGrp/EOYAmt06665
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08092
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08092
IRS990/OtherExpensesGrp/Desc0RACE EXPENSE
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2POSTAGE AND SHIPPING
IRS990/OtherExpensesGrp/Desc3LICENSE AND PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt0865469
IRS990/OtherExpensesGrp/ProgramServicesAmt198965
IRS990/OtherExpensesGrp/ProgramServicesAmt211343
IRS990/OtherExpensesGrp/ProgramServicesAmt310
IRS990/OtherExpensesGrp/TotalAmt0865469
IRS990/OtherExpensesGrp/TotalAmt198965
IRS990/OtherExpensesGrp/TotalAmt211343
IRS990/OtherExpensesGrp/TotalAmt310
IRS990/OtherLiabilitiesGrp/EOYAmt0-1076
IRS990/OtherRevenueMiscGrp/BusinessCd0713990
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0803
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0803
IRS990/OtherRevenueTotalAmt0803
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0131922
IRS990/OtherSalariesAndWagesGrp/TotalAmt0131922
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017330
IRS990/PayrollTaxesGrp/TotalAmt017330
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0-1260
IRS990/PensionPlanContributionsGrp/TotalAmt0-1260
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0RACE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1INSURANCELICENSE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0952277
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1258815
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0952277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1258815
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPLY INSURANCE FOR MEMBERS DURING ASSOCIATION SANCTIONED EVENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022259
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0258815
IRS990/ProgSrvcAccomActy3Grp/Desc0WKA MAINTAINS A DIRECT MAIL PROGRAM TO KEEP MEMBERS INFORMED OF ACTIVITIES, EVENTS, AND ELECTIONS ETC.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt014119
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077557
IRS990/PYInvestmentIncomeAmt043
IRS990/PYOtherExpensesAmt0962153
IRS990/PYOtherRevenueAmt0720
IRS990/PYProgramServiceRevenueAmt01082511
IRS990/PYRevenuesLessExpensesAmt0-1553
IRS990/PYSalariesCompEmpBnftPaidAmt0200231
IRS990/PYTotalExpensesAmt01162384
IRS990/PYTotalRevenueAmt01160831
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-50319
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0952277
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0543432
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0493113
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0212869
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0134905
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0335
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013963
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014298
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06665
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016306
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026810
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043116
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-1076
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liabilities
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0234310
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN WORLD KARTING INC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016641
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06665
IRS990ScheduleD/TotalBookValueSecuritiesAmt0234310
IRS990ScheduleD/TotalLiabilityAmt0-1076
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME TRUSTEES OWN BUSINESSES THAT OTHER TRUSTEES AND THE ORGANIZATION DO TRANSACT BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERSHIP IS DIVIDED INTO TEN DISTRICTS THROUGHOUT THE UNITED STATES AND CANADA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP VOTE ON TRUSTEES TO REPRESENT THE DIFFERENT DISTRICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CHANGES TO BYLAWS REQUIRE A VOTE FROM THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT AND TREASURER PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5POSTED PERIODICALLY IN MAGAZINE AND ON WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0230431010
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PUBLISHING
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0WORLD KARTING INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt06051 VICTORY LANE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CONCORD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd028027
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt025300
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CAPITAL CONTRIB PD TO WKI
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1PCT OF OCCUPANCY BASED ON WKI REVENUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2HALF OF OFFICE ADMIN WAGES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0WORLD KARTING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1WORLD KARTING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2WORLD KARTING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1n
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2o
IRS990/SchoolOperatingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings