Civic Intelligence

Indiana Barrel Racing Futurity Inc

EIN 35-1742592 • 501(c)4 • Whiteland, IN

Profile

Sponsor & promote barrel racing

3567 East 700 NorthWhiteland, IN 46184

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

47th percentile

0.1%

Higher net margin than 47% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

56th percentile

0.6%

Faster asset growth than 56% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$62,130

Up $364 (+0.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$62,130

Up $364 (+0.6%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin47th percentile

Revenue

Up

$243,883

Up $26,317 (+12%) from 2023

Expenses

Up

$243,519

Up $25,427 (+12%) from 2023

Net Income

Up

$364

Up $890 (+169%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$80K$60K$40K$20K$0Assets 2021: $52,820Net Assets 2021: $52,8202021Assets 2022: $62,292Net Assets 2022: $62,2922022Assets 2023: $61,766Liabilities 2023: $0Net Assets 2023: $61,7662023Assets 2024: $62,130Liabilities 2024: $0Net Assets 2024: $62,1302024

Highlighted filing

2024

Assets$62,130
Liabilities$0
Net Assets$62,130
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$300K$200K$100K$0-$100KRevenue 2021: $151,533Expenses 2021: $146,701Net Income 2021: $4,8322021Revenue 2022: $185,921Expenses 2022: $176,449Net Income 2022: $9,4722022Revenue 2023: $217,566Expenses 2023: $218,092Net Income 2023: -$5262023Revenue 2024: $243,883Expenses 2024: $243,519Net Income 2024: $3642024

Highlighted filing

2024

Revenue$243,883
Expenses$243,519
Net Income$364
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,130
Liabilities
$0
Net assets
$62,130
Revenue
$243,883
Expenses
$243,519
Net income
$364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$2.44$2.44$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$2.18$2.18$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.62$0.62$1.86$1.76$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.53$1.52$1.47$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 17, 2025
Return Version
2024v5.1
Gross Receipts
$243,883
Mission and Program Overview

Mission

Sponsor & promote barrel racing

Sponsor and promote barrel racing activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$61,766$62,130▲ $364
Total Assets$61,766$62,130▲ $364
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$61,766$62,130▲ $364
Total Net Assets Fund Balance$61,766$62,130▲ $364
Total Liabilities and Net Assets / Fund Balance$61,766$62,130▲ $364
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Steve BenefielPresident
Vickie DukeSecretary
Stefanie DukeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$243,883
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$243,883
Change in Net Assets
$364
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$37,300$0$0$37,300
Other Expenses$19,628$0$0$19,628
Office Expenses$2,745$0$0$2,745
Advertising$2,003$0$0$2,003
Insurance$737$0$0$737
Total Functional Expenses$243,519$0$0$243,519
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
Indiana Barrel Racing Futurity Inc
EIN
35-1742592
Phone
3175357191
Address
3567 EAST 700 NORTH, WHITELAND, IN 46184

Signing Officer

Name
Vickie Duke
Title
Secretary
Phone
3175357191
Signed
2025-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vickie Duke
Formed
2016
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Hanafee and Jones Inc
Address
7400 N SHADELAND AVE STE 250, INDIANAPOLIS, IN 46250
Preparer
Robert W Jones
Phone
3175457439
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Finalizing return for review”

Form 990, Part IX, Line 24E

“Barrel event sponsorships 1000. 1000. 0. 0.”

Form 990, Part IX, Line 24E

“Refunds 6790. 6790. 0. 0.”

Form 990, Part IX, Line 24E

“Miscellaneous 412. 412. 0. 0.”

Form 990, Part IX, Line 24E

“Facility rental 29098. 29098. 0. 0.”

Raw XML Appendix270 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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0243883
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0243883
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0737
IRS990/InsuranceGrp/TotalAmt0737
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt061766
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt02745
IRS990/OfficeExpensesGrp/TotalAmt02745
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0AWARDS & TROPHIES
IRS990/OtherExpensesGrp/Desc1ASSOCIATION FEES
IRS990/OtherExpensesGrp/Desc2CASH AWARDS
IRS990/OtherExpensesGrp/Desc3SHOW EXPENSE
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0VICKIE DUKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0217566
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0218092
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-526
IRS990/PYTotalExpensesAmt0218092
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IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0364
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BARREL EVENT SPONSORSHIPS 1000. 1000. 0. 0.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-17
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ReturnHeader/Filer/PhoneNum03175357191
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046250
ReturnHeader/PreparerPersonGrp/PhoneNum03175457439
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W JONES
ReturnHeader/ReturnTs02025-04-22T05:42:55-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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