Civic Intelligence

Nappanee Raceway Inc

990EZ • Fiscal year 2018 • EIN 35-1459725

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

Organization ProfileN/A
1270 W 600 SMillersburg, IN 46543

(574) 238-7773

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

60th percentile

6.0%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2018 filings • 501(c)7 • <$500k nonprofits • Source year 2018

Asset Growth

50th percentile

1.3%

Faster asset growth than 50% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-11%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)7 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$120,248

Up $1,567 (+1.3%) from 2017

Net Assets

Up

$120,248

Up $1,567 (+1.3%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin60th percentile

Revenue

Down

$25,957

Down $3,283 (-11%) from 2017

Expenses

Down

$24,390

Down $5,901 (-19%) from 2017

Net Income

Up

$1,567

Up $2,618 (+249%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$150K$100K$50K$0Assets 2014: $108,617Net Assets 2014: $108,6172014Assets 2015: $109,407Net Assets 2015: $109,4072015Assets 2016: $119,732Net Assets 2016: $119,7322016Assets 2017: $118,681Net Assets 2017: $118,6812017Assets 2018: $120,248Net Assets 2018: $120,2482018Assets 2019: $121,232Net Assets 2019: $121,2322019Assets 2020: $115,745Net Assets 2020: $115,7452020Assets 2021: $101,967Net Assets 2021: $101,9672021Assets 2022: $94,800Liabilities 2022: $2,036Net Assets 2022: $92,7642022Assets 2023: $95,362Liabilities 2023: $1,559Net Assets 2023: $93,8032023Assets 2024: $105,260Liabilities 2024: $1,520Net Assets 2024: $103,7402024

Highlighted filing

2018

Assets$120,248
Liabilities-
Net Assets$120,248
Open 2018 Filing

Operations Trend

Revenue Growth25th percentile

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

$100K$50K$0-$50KRevenue 2014: $23,021Expenses 2014: $22,767Net Income 2014: $2542014Revenue 2015: $27,974Expenses 2015: $27,184Net Income 2015: $7902015Revenue 2016: $27,050Expenses 2016: $16,725Net Income 2016: $10,3252016Revenue 2017: $29,240Expenses 2017: $30,291Net Income 2017: -$1,0512017Revenue 2018: $25,957Expenses 2018: $24,390Net Income 2018: $1,5672018Revenue 2019: $9,877Expenses 2019: $8,893Net Income 2019: $9842019Revenue 2020: $64,237Expenses 2020: $69,724Net Income 2020: -$5,4872020Revenue 2021: $39,964Expenses 2021: $53,742Net Income 2021: -$13,7782021Revenue 2022: $52,501Expenses 2022: $61,704Net Income 2022: -$9,2032022Revenue 2023: $63,373Expenses 2023: $62,334Net Income 2023: $1,0392023Revenue 2024: $67,867Expenses 2024: $57,930Net Income 2024: $9,9372024

Highlighted filing

2018

Revenue$25,957
Expenses$24,390
Net Income$1,567
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$90,347
Mission and Program Overview

Mission

Recreational facilities provided for amateur horse racing

Recreational amateur horse racing for standardbred horses.

Program Services

DescriptionGrantsExpenses
Recreational facilities provided for amateur horse racing.--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Garold DelagrangePres-$0--
Wilbur BorkholderVP-$0--
Sue MillerSec-$0--
Alan EarlDirector-$0--
Devon MillerDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Racing events$47,218$47,218$10,726$36,492
Advertisements$5,365$5,365$3,450$1,915
Total Events$52,583$52,583$51,913$670
Filing and Contact Details

Filer

Filer Name
Nappanee Raceway Inc
EIN
35-1459725
Phone
5742387773
Address
1270 W 600 S, Millersburg, IN 46543

Signing Officer

Name
Garold Delagrange
Title
President
Signed
2019-05-13
Discuss with paid preparer
No

Preparer

Firm
Krider Accounting PC
Address
PO Box 408, Middlebury, IN 46540
Preparer
Floyd E Plank
Phone
5748259338
Supplemental Narrative

Additional Explanations

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

“Rent of facilities 8,585”

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

“Equipment rental and maintenance 1,951”

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

“Supplies 59”

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

“Insurance 5,446”

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

“Sales tax 1,048”

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

“Track improvements 5,503”

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

“Trash removal 1,175”

Raw XML Appendix146 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/PersonNm0Garold Delagrange
IRS990EZ/BooksInCareOfDetail/PhoneNum05742387773
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011270W 600S
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Millersburg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046543
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023881
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt025448
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt012477
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01567
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0118681
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0120248
IRS990EZ/FundraisingGrossIncomeAmt052583
IRS990EZ/GrossProfitLossSlsOfInvntryAmt04220
IRS990EZ/GrossReceiptsAmt090347
IRS990EZ/GrossReceiptsForPublicUseAmt04600
IRS990EZ/GrossSalesOfInventoryAmt016697
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt094800
IRS990EZ/LandAndBuildingsGrp/EOYAmt094800
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt012482
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0118681
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0120248
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0118681
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0120248
IRS990EZ/OccupancyRentUtltsAndMaintAmt08405
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0002.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Garold Delagrange
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Wilbur Borkholder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sue Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Alan Earl
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Devon Miller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Sec
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt015182
IRS990EZ/OtherRevenueTotalAmt08585
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Recreational amateur horse racing for standardbred horses.
IRS990EZ/PrintingPublicationsPostageAmt0803
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Recreational facilities provided for amateur horse racing.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt051913
IRS990EZ/SpecialEventsNetIncomeLossAmt0670
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024390
IRS990EZ/TotalRevenueAmt025957
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt036853
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt036853
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051913
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Racing events
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Advertisements
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047218
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05365
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt052583
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt047218
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05365
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052583
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0670
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0884
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0884
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014176
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010726
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Rent of facilities 8,585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Equipment rental and maintenance 1,951
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 59
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 5,446
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Sales tax 1,048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Track improvements 5,503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Trash removal 1,175
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Garold Delagrange
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Nappanee Raceway Inc
ReturnHeader/Filer/BusinessNameControlTxt0NAPP
ReturnHeader/Filer/EIN0351459725
ReturnHeader/Filer/PhoneNum05742387773
ReturnHeader/Filer/USAddress/AddressLine1Txt01270 W 600 S
ReturnHeader/Filer/USAddress/CityNm0Millersburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046543
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05AA49C1D0E520F1051E153F3235E4048BDE5E29F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05AA49C1D0E520F1051E153F3235E4048BDE5E29F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.102.87.45
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm017:28:29
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Krider Accounting PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Middlebury
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046540
ReturnHeader/PreparerPersonGrp/PhoneNum05748259338
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Floyd E Plank
ReturnHeader/ReturnTs02019-05-13T05:53:43-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$120,248
Liabilities
-
Net assets
$120,248
Revenue
$25,957
Expenses
$24,390
Net income
$1,567
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.02$1.04$0.68$0.58$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.94$0.63$0.62$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$0.53$0.62$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.02$1.02$0.40$0.54$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.16$1.16$0.64$0.70$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.21$1.21$0.10$0.09$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.26$0.24$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.19$1.19$0.29$0.30$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.27$0.17$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.28$0.27$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.09$1.09$0.23$0.23$0.00