Civic Intelligence

Racing Industry Charitable Foundation Inc.

990 • Fiscal year 2020 • EIN 36-3073230

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 23, 2021

Organization ProfileN/A

View Organization Page

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

79th percentile

0.36x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.18x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

51st percentile

6.6%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$108,140

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

69th percentile

21%

Faster asset growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

37th percentile

-11%

Faster revenue growth than 37% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$389,682

Up $66,909 (+21%) from 2019

Net Assets

Up

$248,573

Up $51,599 (+26%) from 2019

Liabilities

Up

$141,109

Up $15,310 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin51st percentile

Revenue

Down

$776,494

Down $92,246 (-11%) from 2019

Expenses

Down

$724,895

Down $65,281 (-8.3%) from 2019

Net Income

Down

$51,599

Down $26,965 (-34%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

2020

Assets$389,682
Liabilities$141,109
Net Assets$248,573
Open 2020 Filing

Operations Trend

Revenue Growth37th percentile

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

2020

Revenue$776,494
Expenses$724,895
Net Income$51,599
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 23, 2021
Return Version
2020v4.1
Gross Receipts
$776,494
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
Land, Buildings, and Equipment, Net$293,357$371,520▲ $78,163
Prepaid Expenses and Deferred Charges$17,259$18,162▲ $903
Pledges and Grants Receivable$12,157$0▼ $12,157
Total Assets$322,773$389,682▲ $66,909
Liabilities
Other Liabilities$90,744$115,382▲ $24,638
Accounts Payable and Accrued Expenses$35,055$25,727▼ $9,328
Total Liabilities$125,799$141,109▲ $15,310
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$196,974$248,573▲ $51,599
Total Net Assets Fund Balance$196,974$248,573▲ $51,599
Total Liabilities and Net Assets / Fund Balance$322,773$389,682▲ $66,909

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$288,665$15,193$303,858
Equipment$13,905$270,101$284,006
Leasehold Improvements$68,950$1,301$70,251
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul CoronadoExecutive DirectorFT$76,856$31,284$108,140

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$768,872
Program Service Revenue
$4,737
Investment Income
$0
Other Revenue
$2,885
All Other Contributions
$18,872
Change in Net Assets
$51,599

Audited Revenue Reconciliation

Revenue per Audited Statements
$776,494
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$776,494
Total Revenue per Form 990
$776,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$404,895
Other Expenses$320,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$197,652$34,292-$231,944
Fees for Services Other$140,761$9,539-$150,300
Current Officers, Directors, Trustees, and Key Employees$95,787$12,353-$108,140
Office Expenses$49,642$880-$50,522
Other Employee Benefits$34,823$1,138-$35,961
Payroll Taxes$25,179$3,671-$28,850
Depreciation Depletion$6,841$18,361-$25,202
Insurance$21,441--$21,441
Fees for Services Accounting-$9,600-$9,600
Occupancy$9,500--$9,500
Travel$4,814$3,398-$8,212
Conferences and Meetings$4,047--$4,047
Interest-$2,946-$2,946
Other Expenses$1,139--$1,139
Total Functional Expenses$628,717$96,178$0$724,895

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$724,895
Total Expenses per Audited Statements$724,895
Total Expenses per Form 990$724,895
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$115,382
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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
2021-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Kiehn
Formed
1979
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
0

Preparer

Firm
DUGAN & LOPATKA CPA'S PC
Address
4320 WINFIELD ROAD SUITE 450, WARRENVILLE, IL 60555-4036
Preparer
Ron Marklund
Phone
6306654440
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Medical contract labor: program service expenses 58,359. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,359. Mental health contract labor: program service expenses 17,284. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,284. Dental contract labor: program service expenses 35,734. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,734. Chaplancy services: program service expenses 29,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 29,384. Payroll services: program service expenses 0. Management and general expenses 9,539. Fundraising expenses 0. Total expenses 9,539.”

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 2017. The foundation does not expect a material net change in unrecognized tax benefits in the next twelve months.”

Raw XML AppendixShowing 400 of 412 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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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0113
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0393
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037117
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02885
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01359
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04244
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99880
IRS990ScheduleA/PublicSupportPY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt03877036
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0768872
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0861901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0760818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0721245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0764200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03877036
IRS990ScheduleA/TotalSupportAmt03881673
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt013905
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0270101
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0284006
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0724895
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt068950
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01301
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt070251
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0288665
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015193
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0303858
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0115382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0776494
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 2017. 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/TotalBookValueLandBuildingsAmt0371520
IRS990ScheduleD/TotalExpensesPerForm990Amt0724895
IRS990ScheduleD/TotalLiabilityAmt0115382
IRS990ScheduleD/TotalRevenuePerForm990Amt0776494
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0776494
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0724895
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 58,359. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,359. MENTAL HEALTH CONTRACT LABOR: PROGRAM SERVICE EXPENSES 17,284. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,284. DENTAL CONTRACT LABOR: PROGRAM SERVICE EXPENSES 35,734. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,734. CHAPLANCY SERVICES: PROGRAM SERVICE EXPENSES 29,384. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,384. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,539. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,539.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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 XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0322773
IRS990/TotalAssetsEOYAmt0389682
IRS990/TotalAssetsGrp/BOYAmt0322773
IRS990/TotalAssetsGrp/EOYAmt0389682
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0768872
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt096178
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0628717
IRS990/TotalFunctionalExpensesGrp/TotalAmt0724895
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0125799
IRS990/TotalLiabilitiesEOYAmt0141109
IRS990/TotalLiabilitiesGrp/BOYAmt0125799
IRS990/TotalLiabilitiesGrp/EOYAmt0141109
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0196974
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0248573
IRS990/TotalOtherCompensationAmt031284
IRS990/TotalProgramServiceExpensesAmt0628717
IRS990/TotalProgramServiceRevenueAmt04737
IRS990/TotalReportableCompFromOrgAmt076856
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07622
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0776494
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0322773
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0389682
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03398
IRS990/TravelGrp/ProgramServicesAmt04814
IRS990/TravelGrp/TotalAmt08212
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03501 SOUTH LARAMIE AVENUE
IRS990/USAddress/CityNm0CICERO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd0608044503
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN KIEHN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07083439375
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-23
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/PreparerFirmGrp/PreparerFirmEIN0362886485
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DUGAN & LOPATKA CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04320 WINFIELD ROAD SUITE 450

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$389,682
Liabilities
$141,109
Net assets
$248,573
Revenue
$776,494
Expenses
$724,895
Net income
$51,599
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.51$0.24$3.27$8.10$7.96$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.42$0.30$3.12$7.74$7.40$0.33
2022Detailed filing. Detailed filing data is available for this year.$3.45$0.66$2.79$7.67$7.67$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.79$1.00$2.80$7.71$7.40$0.31
2020Detailed filing. Detailed filing data is available for this year.$3.90$1.41$2.49$7.76$7.25$0.52
2019Detailed filing. Detailed filing data is available for this year.$3.23$1.26$1.97$8.69$7.90$0.79
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.19$1.18$7.66$8.05$0.39
2017Detailed filing. Detailed filing data is available for this year.$2.81$1.23$1.57$7.45$6.85$0.60
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.34$1.77$7.73$7.07$0.66
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.96$1.11$7.77$7.25$0.52
2014Detailed filing. Detailed filing data is available for this year.$9.12$1.02$8.09$7.72$7.87$0.15
2013Detailed filing. Detailed filing data is available for this year.$9.35$1.10$8.24$7.78$7.63$0.15