Civic Intelligence

Professional Racers Owners Organization

990EZ • Fiscal year 2014 • EIN 33-0490263

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 02, 2015

2631 E Northgate StreetIndianapolis, IN 46220

(317) 373-8455

Siviq Scores

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

Liabilities / Assets

68th percentile

0.06x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.04x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

81st percentile

18%

Higher net margin than 81% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

89th percentile

49%

Faster asset growth than 89% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

23%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$117,512

Up $38,393 (+49%) from 2013

Net Assets

Up

$110,644

Up $32,932 (+42%) from 2013

Liabilities

Up

$6,868

Up $5,461 (+388%) from 2013

Revenue

Up

$185,858

Up $35,364 (+23%) from 2013

Expenses

Up

$152,926

Up $9,264 (+6.4%) from 2013

Net Income

Up

$32,932

Up $26,100 (+382%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $44,241Liabilities 2011: $21,107Net Assets 2011: $23,1342011Assets 2012: $72,242Liabilities 2012: $1,359Net Assets 2012: $70,8832012Assets 2013: $79,119Liabilities 2013: $1,407Net Assets 2013: $77,7122013Assets 2014: $117,512Liabilities 2014: $6,868Net Assets 2014: $110,6442014Assets 2015: $140,632Liabilities 2015: $1,691Net Assets 2015: $138,9412015Assets 2016: $116,831Liabilities 2016: $1,802Net Assets 2016: $115,0292016Assets 2017: $115,047Liabilities 2017: $3,522Net Assets 2017: $111,5252017Assets 2018: $153,556Liabilities 2018: $3,700Net Assets 2018: $149,8562018Assets 2019: $84,334Liabilities 2019: $6,515Net Assets 2019: $77,8192019Assets 2020: $78,227Liabilities 2020: $3,364Net Assets 2020: $74,8632020Assets 2021: $74,812Liabilities 2021: $3,790Net Assets 2021: $71,0222021Assets 2022: $45,483Liabilities 2022: $6,239Net Assets 2022: $39,2442022Assets 2023: $1,333,380Liabilities 2023: $1,305,796Net Assets 2023: $27,5842023Assets 2024: $393,640Liabilities 2024: $590,220Net Assets 2024: -$196,5802024

Highlighted filing

2014

Assets$117,512
Liabilities$6,868
Net Assets$110,644

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $159,579Expenses 2011: $109,579Net Income 2011: $50,0002011Revenue 2012: $191,185Expenses 2012: $143,436Net Income 2012: $47,7492012Revenue 2013: $150,494Expenses 2013: $143,662Net Income 2013: $6,8322013Revenue 2014: $185,858Expenses 2014: $152,926Net Income 2014: $32,9322014Revenue 2015: $169,819Expenses 2015: $141,522Net Income 2015: $28,2972015Revenue 2016: $113,646Expenses 2016: $137,555Net Income 2016: -$23,9092016Revenue 2017: $128,811Expenses 2017: $132,315Net Income 2017: -$3,5042017Revenue 2018: $172,032Expenses 2018: $173,712Net Income 2018: -$1,6802018Revenue 2019: $112,905Expenses 2019: $126,812Net Income 2019: -$13,9072019Revenue 2020: $104,559Expenses 2020: $104,180Net Income 2020: $3792020Revenue 2021: $125,154Expenses 2021: $123,257Net Income 2021: $1,8972021Revenue 2022: $108,715Expenses 2022: $134,278Net Income 2022: -$25,5632022Revenue 2023: $121,650Expenses 2023: $344,460Net Income 2023: -$222,8102023Revenue 2024: $237,637Expenses 2024: $344,664Net Income 2024: -$107,0272024

Highlighted filing

2014

Revenue$185,858
Expenses$152,926
Net Income$32,932
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 2, 2015
Return Version
2014v5.0
Gross Receipts
$185,858
Mission and Program Overview

Mission

To negotiate between the national hot rod association and the racers.

To negotiate between the national hot rod association and the racers

Program Services

DescriptionGrantsExpenses
TO NEGOTIATE BETWEEN THE NATIONAL HOT ROD ASSOCIATION AND THE RACERS$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALAN JOHNSONPresident-$0--
V GAINESVice-President-$0--
MICHELLE DOMAGALATreasurer And SecretaryFT$0--
CONNIE KALITTABoard Member-$0--
BILL MILLERBoard Member-$0--
DON SCHUMACHERBoard Member-$0--
RODGER BROGDONBoard Member-$0--
BOB TASCO IIIBoard Member-$0--
BOB VANDERGNIFF SRBoard Member-$0--
CHAD HEADBoard Member-$0--
MORGAN LUCASBoard Member-$0--
ROBERT HIGHTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Professional Racers Owners Organization
EIN
33-0490263
Phone
3173738455
Address
2631 E NORTHGATE STREET, INDIANAPOLIS, IN 46220

Signing Officer

Name
V Gaines
Title
Vice President
Phone
3033885755
Signed
2015-03-02
Discuss with paid preparer
Yes

Preparer

Firm
Daniel Ratliff & Company
Address
301 S MCDOWELL ST STE 502, CHARLOTTE, NC 28204
Preparer
Larry G Gerber
Phone
7043715000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: event - pro winter warmup . Amount: 78,459.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 84. Description: other expenses. Amount: 3,384. Total to form 990-ez, line 14: 3,468.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance . Amount: 39,540. Description: travel & meals . Amount: 20,017. Description: bank & finance charges . Amount: 15. Description: dues & subscriptions . Amount: 436. Description: taxes-state corp . Amount: 430. Description: uniforms . Amount: 597. Description: event expenses . Amount: 2,989. Description: auto expense . Amount: 369. Description: supplies . Amount: 150. Description: accrual to cash adjustment . Amount: 1,399. Total to form 990-ez, line 16: 65,942.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid insurance . Beg. Of year amount: 7,284. End of year amount: 7,348. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 1,604.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: payroll liabilities . Beg. Of year amount: 1,407. End of year amount: 1,698. Description: other liabilities . Beg. Of year amount: 0. End of year amount: 5,170.

Raw XML Appendix169 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/ExplanationTxt0DESCRIPTION: EVENT - PRO WINTER WARMUP . AMOUNT: 78,459.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 84. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,384. TOTAL TO FORM 990-EZ, LINE 14: 3,468.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INSURANCE . AMOUNT: 39,540. DESCRIPTION: TRAVEL & MEALS . AMOUNT: 20,017. DESCRIPTION: BANK & FINANCE CHARGES . AMOUNT: 15. DESCRIPTION: DUES & SUBSCRIPTIONS . AMOUNT: 436. DESCRIPTION: TAXES-STATE CORP . AMOUNT: 430. DESCRIPTION: UNIFORMS . AMOUNT: 597. DESCRIPTION: EVENT EXPENSES . AMOUNT: 2,989. DESCRIPTION: AUTO EXPENSE . AMOUNT: 369. DESCRIPTION: SUPPLIES . AMOUNT: 150. DESCRIPTION: ACCRUAL TO CASH ADJUSTMENT . AMOUNT: 1,399. TOTAL TO FORM 990-EZ, LINE 16: 65,942.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID INSURANCE . BEG. OF YEAR AMOUNT: 7,284. END OF YEAR AMOUNT: 7,348. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PAYROLL LIABILITIES . BEG. OF YEAR AMOUNT: 1,407. END OF YEAR AMOUNT: 1,698. DESCRIPTION: OTHER LIABILITIES . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,170.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0V GAINES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03033885755
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROFESSIONAL RACERS OWNERS ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0PROF
ReturnHeader/Filer/EIN0330490263
ReturnHeader/Filer/PhoneNum03173738455
ReturnHeader/Filer/USAddress/AddressLine1Txt02631 E NORTHGATE STREET
ReturnHeader/Filer/USAddress/CityNm0INDIANAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046220
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561982812
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANIEL RATLIFF & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 S MCDOWELL ST STE 502
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028204
ReturnHeader/PreparerPersonGrp/PhoneNum07043715000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY G GERBER
ReturnHeader/ReturnTs02015-04-02T07:05:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.39$0.59$0.20$0.24$0.34$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.33$1.31$0.03$0.12$0.34$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.11$0.13$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.13$0.12$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.07$0.10$0.10$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.08$0.11$0.13$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.17$0.17$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.11$0.13$0.13$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.11$0.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.17$0.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.19$0.15$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.15$0.14$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.19$0.14$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.02$0.02$0.16$0.11$0.05