Civic Intelligence

Racing for Corey Indiana Inc

EIN 32-0166214 • 501(c)3 • Indianpaolis, IN

Profile

To support the operations and needs of the Foundations that support children with life threatening needs.

1030 S Kealing AvenueIndianpaolis, IN 46203

www.racingforcorey.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2018

Net Margin

10th percentile

-86%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

32nd percentile

-21%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-46%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$29,156

Down $7,533 (-21%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$29,156

Down $7,533 (-21%) from 2017

Operations
Liabilities / RevenueScore unavailableNet Margin10th percentile

Revenue

Down

$8,742

Down $7,435 (-46%) from 2017

Expenses

Up

$16,275

Up $5,831 (+56%) from 2017

Net Income

Down

-$7,533

Down $13,266 (-231%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2014: $24,437Net Assets 2014: $24,4372014Assets 2015: $35,920Net Assets 2015: $35,9202015Assets 2016: $30,956Net Assets 2016: $30,9562016Assets 2017: $36,689Net Assets 2017: $36,6892017Assets 2018: $29,156Net Assets 2018: $29,1562018

Highlighted filing

2018

Assets$29,156
Liabilities-
Net Assets$29,156
Open 2018 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2014: $21,369Expenses 2014: $7,631Net Income 2014: $13,7382014Revenue 2015: $22,192Expenses 2015: $10,709Net Income 2015: $11,4832015Revenue 2016: $18,965Expenses 2016: $23,929Net Income 2016: -$4,9642016Revenue 2017: $16,177Expenses 2017: $10,444Net Income 2017: $5,7332017Revenue 2018: $8,742Expenses 2018: $16,275Net Income 2018: -$7,5332018

Highlighted filing

2018

Revenue$8,742
Expenses$16,275
Net Income-$7,533
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,156
Liabilities
-
Net assets
$29,156
Revenue
$8,742
Expenses
$16,275
Net income
-$7,533
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$29.2$29.2$8.74$16.3$7.53
2017Detailed filing. Detailed filing data is available for this year.$36.7$36.7$16.2$10.4$5.73
2016Detailed filing. Detailed filing data is available for this year.$31.0$31.0$19.0$23.9$4.96
2015Detailed filing. Detailed filing data is available for this year.$35.9$35.9$22.2$10.7$11.5
2014Detailed filing. Detailed filing data is available for this year.$24.4$24.4$21.4$7.63$13.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$8,742
Mission and Program Overview

Mission

To support the operations and needs of the Foundations that support children with life threatening illnesses.

Program Services

DescriptionGrantsExpenses
To support organizations working on behalf of Indiana children$12,924$12,924
Hosting events enriching the lives of children with life threatening illnesses.$2,476-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael KlingeDirector-$0--
Marti HumphreySecretary-$0--
Filing and Contact Details

Filer

Filer Name
Racing for Corey Indiana Inc
EIN
32-0166214
Phone
3173567279
Address
1030 S Kealing Avenue, Indianpaolis, IN 46203

Signing Officer

Name
Michael Klinge
Title
Director
Signed
2019-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Mid-america Audit & Tax Inc
Address
7212 N SHADELAND AVE STE 103, INDIANAPOLIS, IN 46250
Preparer
Margaret E Fisk CPA
Phone
3172840200
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: The Make a Wish Foundation | Donee's Address: 7330 Woodland Drive Indianapolis IN 46278 | Cash Amount Given: $6524”

Other Expenses.1003

“Information Technology $95”

Other Expenses.1

“Events $2254”

Other Expenses.2

“Bank Fees $480”

Other Expenses.3

“Merchandise for events $222”

Raw XML Appendix137 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/PersonNm0Michael Klinge
IRS990EZ/BooksInCareOfDetail/PhoneNum03173567279
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01030 S Kealing Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Indianapolis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046203
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036689
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029156
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08722
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7533
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036689
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029156
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012924
IRS990EZ/GrossReceiptsAmt08742
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt020
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036689
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029156
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036689
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029156
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Klinge
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Marti Humphrey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03051
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To support the operations and needs of the Foundations that support children with life threatening illnesses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To support organizations working on behalf of Indiana children
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Hosting events enriching the lives of children with life threatening illnesses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012924
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12476
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012924
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016275
IRS990EZ/TotalProgramServiceExpensesAmt015400
IRS990EZ/TotalRevenueAmt08742
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.racingforcorey.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08721
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt018755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt057835
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0505
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0505
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85080
IRS990ScheduleA/PublicSupportTotal170Amt049636
IRS990ScheduleA/SubstantialContributorsTotAmt08199
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016177
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09191
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt018755
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt057835
IRS990ScheduleA/TotalSupportAmt058340
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: The Make a Wish Foundation | Donee's Address: 7330 Woodland Drive Indianapolis IN 46278 | Cash Amount Given: $6524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $95
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Events $2254
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Fees $480
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Merchandise for events $222
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Klinge
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Racing for Corey Indiana Inc
ReturnHeader/Filer/BusinessNameControlTxt0RACI
ReturnHeader/Filer/EIN0320166214
ReturnHeader/Filer/PhoneNum03173567279
ReturnHeader/Filer/USAddress/AddressLine1Txt01030 S Kealing Avenue
ReturnHeader/Filer/USAddress/CityNm0Indianpaolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261093736
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MID-AMERICA AUDIT & TAX INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07212 N SHADELAND AVE STE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046250
ReturnHeader/PreparerPersonGrp/PhoneNum03172840200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Margaret E Fisk CPA
ReturnHeader/ReturnTs02019-05-15T09:06:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.