Civic Intelligence

Racing Industry Charitable Foundation Inc.

990 • Fiscal year 2017 • EIN 36-3073230

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 10, 2018

3501 South Laramie AvenueCicero, IL 60804-4503

(708) 343-9375

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.44x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.17x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

61st percentile

8.1%

Higher net margin than 61% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$94,905

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

84th percentile

33%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

32nd percentile

-3.6%

Faster revenue growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$280,637

Up $69,150 (+33%) from 2016

Net Assets

Down

$157,352

Down $19,643 (-11%) from 2016

Liabilities

Up

$123,285

Up $88,793 (+257%) from 2016

Revenue

Down

$744,600

Down $27,977 (-3.6%) from 2016

Expenses

Down

$684,515

Down $22,295 (-3.2%) from 2016

Net Income

Down

$60,085

Down $5,682 (-8.6%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $934,786Liabilities 2013: $110,397Net Assets 2013: $824,3892013Assets 2014: $911,847Liabilities 2014: $102,446Net Assets 2014: $809,4012014Assets 2015: $207,624Liabilities 2015: $96,396Net Assets 2015: $111,2282015Assets 2016: $211,487Liabilities 2016: $34,492Net Assets 2016: $176,9952016Assets 2017: $280,637Liabilities 2017: $123,285Net Assets 2017: $157,3522017Assets 2018: $137,372Liabilities 2018: $18,962Net Assets 2018: $118,4102018Assets 2019: $322,773Liabilities 2019: $125,799Net Assets 2019: $196,9742019Assets 2020: $389,682Liabilities 2020: $141,109Net Assets 2020: $248,5732020Assets 2021: $379,169Liabilities 2021: $99,607Net Assets 2021: $279,5622021Assets 2022: $345,384Liabilities 2022: $66,474Net Assets 2022: $278,9102022Assets 2023: $341,990Liabilities 2023: $29,602Net Assets 2023: $312,3882023Assets 2024: $351,226Liabilities 2024: $24,473Net Assets 2024: $326,7532024

Highlighted filing

2017

Assets$280,637
Liabilities$123,285
Net Assets$157,352

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $778,105Expenses 2013: $762,898Net Income 2013: $15,2072013Revenue 2014: $772,001Expenses 2014: $786,989Net Income 2014: -$14,9882014Revenue 2015: $777,075Expenses 2015: $725,248Net Income 2015: $51,8272015Revenue 2016: $772,577Expenses 2016: $706,810Net Income 2016: $65,7672016Revenue 2017: $744,600Expenses 2017: $684,515Net Income 2017: $60,0852017Revenue 2018: $766,379Expenses 2018: $805,321Net Income 2018: -$38,9422018Revenue 2019: $868,740Expenses 2019: $790,176Net Income 2019: $78,5642019Revenue 2020: $776,494Expenses 2020: $724,895Net Income 2020: $51,5992020Revenue 2021: $771,214Expenses 2021: $740,225Net Income 2021: $30,9892021Revenue 2022: $766,664Expenses 2022: $767,316Net Income 2022: -$6522022Revenue 2023: $773,840Expenses 2023: $740,362Net Income 2023: $33,4782023Revenue 2024: $810,265Expenses 2024: $795,900Net Income 2024: $14,3652024

Highlighted filing

2017

Revenue$744,600
Expenses$684,515
Net Income$60,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 10, 2018
Return Version
2017v2.3
Gross Receipts
$744,600
Mission and Program Overview

Mission

Provide medical, dental, mental and social services to horse care workers at illinois race tracks

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$176,928-
Cash and Non-Interest-Bearing Accounts$168,834$43,935▼ $124,899
Land, Buildings, and Equipment, Net$6,031$40,896▲ $34,865
Prepaid Expenses and Deferred Charges$36,622$18,878▼ $17,744
Total Assets$211,487$280,637▲ $69,150
Liabilities
Deferred Revenue-$110,319-
Accounts Payable and Accrued Expenses$28,014$12,966▼ $15,048
Mortgage Notes Payable Secured by Investment Property$6,478--
Total Liabilities$34,492$123,285▲ $88,793
Net Assets / Fund Balance
Unrestricted Net Assets$176,995$157,352▼ $19,643
Total Net Assets Fund Balance$176,995$157,352▼ $19,643
Total Liabilities and Net Assets / Fund Balance$211,487$280,637▲ $69,150

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$40,896$243,110$284,006
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul CoronadoExecutive DirectorFT$71,447$23,458$94,905

Board Members and Trustees

NameTitle
Ken KiehnPresident
Tim CareyVice President
Brian ZanderDirector
Tony PetrilloDirector
Jim StumpfSecretary
Jim MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$721,245
Program Service Revenue
$13,247
Investment Income
$10,108
Other Revenue
$0
All Other Contributions
$1,836
Change in Net Assets
$60,085

Audited Revenue Reconciliation

Revenue per Audited Statements
$744,600
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$744,600
Total Revenue per Form 990
$744,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$388,765
Other Expenses$295,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,344$31,629-$214,973
Fees for Services Other$97,277$6,685-$103,962
Current Officers, Directors, Trustees, and Key Employees$83,484$11,421-$94,905
Other Employee Benefits$52,460$1,754-$54,214
Office Expenses$36,975$646-$37,621
Fees for Services Legal-$29,944-$29,944
Payroll Taxes$21,533$3,140-$24,673
Insurance$23,647--$23,647
Occupancy$13,972--$13,972
Fees for Services Accounting-$9,005-$9,005
Depreciation Depletion$2,262$6,070-$8,332
Travel$1,762$1,244-$3,006
Conferences and Meetings$2,417--$2,417
Other Expenses$2,214$5,151-$2,214
All Other Expenses$1,548--$1,548
Total Functional Expenses$577,826$106,689$0$684,515

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$684,515
Total Expenses per Audited Statements$684,515
Total Expenses per Form 990$684,515
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 is reviewed by the organization president and executive director to ensure the completion of an accurate return

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy enforcement is dictated by its by-laws, which is subject to frequent review

Form 990, Part VI, Section B, Line 15A

The executive director's compensation is based on the following areas educational and licensing requirements for health/human service administrators, years of administrative and clinical job experience in the health and human service field, and years of employment

Form 990, Part VI, Section C, Line 19

The racing industry charitable foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Racing Industry Charitable Foundation
EIN
36-3073230
Phone
7083439375
Address
3501 SOUTH LARAMIE AVENUE, CICERO, IL 60804-4503

Signing Officer

Name
Ken Kiehn
Title
President
Phone
7083439375
Signed
2018-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Kiehn
Formed
1979
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
0

Preparer

Firm
DUGAN & LOPATKA CPA'S PC
Address
104 E ROOSEVELT ROAD SUITE 102, WHEATON, IL 60187-5267
Preparer
Ron Marklund
Phone
6306654440
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Medical contract labor: program service expenses 33,840. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,840. Dental contract labor: program service expenses 38,437. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,437. Chaplancy services: program service expenses 25,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,000. Payroll services: program service expenses 0. Management and general expenses 6,685. Fundraising expenses 0. Total expenses 6,685.

Form 990, Part IX, Line 24E

Miscellaneous: program service expenses 1,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,548.

FORM 990, PART XII, LINE 2C:

The process has not changed from previous years

Financial Statement Notes

PART X, LINE 2:

The foundation files informational returns in the u.s. Federal jurisdiction and illinois. With few exceptions, the foundation is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years before 2014. The foundation does not expect a material net change in unrecognized tax benefits in the next twelve months.

Raw XML AppendixShowing 400 of 408 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt028014
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012966
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE MEDICAL, DENTAL, MENTAL AND SOCIAL SERVICES TO HORSE CARE WORKERS AT ILLINOIS RACE TRACKS
IRS990/AllOtherContributionsAmt01836
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01548
IRS990/AllOtherExpensesGrp/TotalAmt01548
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PAUL CORONADO
IRS990/BooksInCareOfDetail/PhoneNum07083439375
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03501 SOUTH LARAMIE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CICERO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0608044503
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0168834
IRS990/CashNonInterestBearingGrp/EOYAmt043935
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt011421
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt083484
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt094905
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02417
IRS990/ConferencesMeetingsGrp/TotalAmt02417
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0721245
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010108
IRS990/CYOtherExpensesAmt0295750
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt013247
IRS990/CYRevenuesLessExpensesAmt060085
IRS990/CYSalariesCompEmpBnftPaidAmt0388765
IRS990/CYTotalExpensesAmt0684515
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0744600
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt0110319
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06070
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02262
IRS990/DepreciationDepletionGrp/TotalAmt08332
IRS990/Desc0PROVIDE MEDICAL, DENTAL, MENTAL AND SOCIAL SERVICES TO HORSE CARE WORKERS AT ILLINOIS RACE TRACKS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0577826
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09005
IRS990/FeesForServicesAccountingGrp/TotalAmt09005
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt029944
IRS990/FeesForServicesLegalGrp/TotalAmt029944
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06685
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt097277
IRS990/FeesForServicesOtherGrp/TotalAmt0103962
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt623458
IRS990/Form990PartVIISectionAGrp/PersonNm0KEN KIEHN
IRS990/Form990PartVIISectionAGrp/PersonNm1TIM CAREY
IRS990/Form990PartVIISectionAGrp/PersonNm2JIM STUMPF
IRS990/Form990PartVIISectionAGrp/PersonNm3JIM MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm4TONY PETRILLO
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN ZANDER
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL CORONADO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt671447
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt010000
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0719409
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt010000
IRS990/GrossReceiptsAmt0744600
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023647
IRS990/InsuranceGrp/TotalAmt023647
IRS990/InvestmentIncomeGrp/ExclusionAmt0108
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0108
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0243110
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06031
IRS990/LandBldgEquipBasisNetGrp/EOYAmt040896
IRS990/LandBldgEquipCostOrOtherBssAmt0284006
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE MEDICAL, DENTAL, MENTAL AND SOCIAL SERVICES TO HORSE CARE WORKERS AT ILLINOIS RACE TRACKS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06478
IRS990/NetAssetsOrFundBalancesBOYAmt0176995
IRS990/NetAssetsOrFundBalancesEOYAmt0157352
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt010000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt013972
IRS990/OccupancyGrp/TotalAmt013972
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0646
IRS990/OfficeExpensesGrp/ProgramServicesAmt036975
IRS990/OfficeExpensesGrp/TotalAmt037621
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01754
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt052460
IRS990/OtherEmployeeBenefitsGrp/TotalAmt054214
IRS990/OtherExpensesGrp/Desc0MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc1DENTAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2BACKSTRETCH EVENTS
IRS990/OtherExpensesGrp/Desc3LAB SERVICE FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05151
IRS990/OtherExpensesGrp/ProgramServicesAmt037633
IRS990/OtherExpensesGrp/ProgramServicesAmt117298
IRS990/OtherExpensesGrp/ProgramServicesAmt22214
IRS990/OtherExpensesGrp/TotalAmt037633
IRS990/OtherExpensesGrp/TotalAmt117298
IRS990/OtherExpensesGrp/TotalAmt25151
IRS990/OtherExpensesGrp/TotalAmt32214
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031629
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0183344
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214973
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03140
IRS990/PayrollTaxesGrp/ProgramServicesAmt021533
IRS990/PayrollTaxesGrp/TotalAmt024673
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036622
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018878
IRS990/PrincipalOfficerNm0KEN KIEHN
IRS990/PriorPeriodAdjustmentsAmt0-79728
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0621400
IRS990/ProgramServiceRevenueGrp/Desc0COPAYMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013247
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0764200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0113
IRS990/PYOtherExpensesAmt0245774
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08264
IRS990/PYRevenuesLessExpensesAmt065767
IRS990/PYSalariesCompEmpBnftPaidAmt0461036
IRS990/PYTotalExpensesAmt0706810
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0772577
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt060085
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013247
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0176928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0721245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0764200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0755000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0757500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0756791
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03754736
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0113
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0103
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0536
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt079086
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt03754736
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0721245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0764200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0755000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0757500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0756791
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03754736
IRS990ScheduleA/TotalSupportAmt03755272
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt040896
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0243110
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0284006
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0684515
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0744600
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2014. THE FOUNDATION DOES NOT EXPECT A MATERIAL NET CHANGE IN UNRECOGNIZED TAX BENEFITS IN THE NEXT TWELVE MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040896
IRS990ScheduleD/TotalExpensesPerForm990Amt0684515
IRS990ScheduleD/TotalRevenuePerForm990Amt0744600
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0744600
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0684515
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 IS REVIEWED BY THE ORGANIZATION PRESIDENT AND EXECUTIVE DIRECTOR TO ENSURE THE COMPLETION OF AN ACCURATE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY ENFORCEMENT IS DICTATED BY ITS BY-LAWS, WHICH IS SUBJECT TO FREQUENT REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S COMPENSATION IS BASED ON THE FOLLOWING AREAS EDUCATIONAL AND LICENSING REQUIREMENTS FOR HEALTH/HUMAN SERVICE ADMINISTRATORS, YEARS OF ADMINISTRATIVE AND CLINICAL JOB EXPERIENCE IN THE HEALTH AND HUMAN SERVICE FIELD, AND YEARS OF EMPLOYMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RACING INDUSTRY CHARITABLE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEDICAL CONTRACT LABOR: PROGRAM SERVICE EXPENSES 33,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,840. DENTAL CONTRACT LABOR: PROGRAM SERVICE EXPENSES 38,437. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,437. CHAPLANCY SERVICES: PROGRAM SERVICE EXPENSES 25,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,685. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,685.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,548. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,548.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS HAS NOT CHANGED FROM PREVIOUS YEARS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0211487
IRS990/TotalAssetsEOYAmt0280637
IRS990/TotalAssetsGrp/BOYAmt0211487
IRS990/TotalAssetsGrp/EOYAmt0280637
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0721245
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106689
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0577826
IRS990/TotalFunctionalExpensesGrp/TotalAmt0684515
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034492
IRS990/TotalLiabilitiesEOYAmt0123285
IRS990/TotalLiabilitiesGrp/BOYAmt034492
IRS990/TotalLiabilitiesGrp/EOYAmt0123285
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0176995
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0157352
IRS990/TotalOtherCompensationAmt023458
IRS990/TotalProgramServiceExpensesAmt0577826
IRS990/TotalProgramServiceRevenueAmt013247
IRS990/TotalReportableCompFromOrgAmt071447
IRS990/TotalRevenueGrp/ExclusionAmt010108
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013247
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0744600
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0211487
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0280637
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01244
IRS990/TravelGrp/ProgramServicesAmt01762
IRS990/TravelGrp/TotalAmt03006
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0176995
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0157352
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03501 SOUTH LARAMIE AVENUE
IRS990/USAddress/CityNm0CICERO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0608044503
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN KIEHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07083439375
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RACING INDUSTRY CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0RACI
ReturnHeader/Filer/EIN0363073230
ReturnHeader/Filer/PhoneNum07083439375
ReturnHeader/Filer/USAddress/AddressLine1Txt03501 SOUTH LARAMIE AVENUE
ReturnHeader/Filer/USAddress/CityNm0CICERO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0608044503
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B6A7CAC20A1AEB3A3B22382E643C185CAA027999
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId085C5EED3BF92877B55315C5127F40714637A7B5F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.93.92.241
ReturnHeader/FilingSecurityInformation/IPDt02018-08-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:00:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362886485
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUGAN & LOPATKA CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0104 E ROOSEVELT ROAD SUITE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHEATON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings