Civic Intelligence

Valentine Speedway Association Inc

990EZ • Fiscal year 2012 • EIN 39-2055912

Jan 01, 2012 to Dec 31, 2012 • Filed on Mar 19, 2013

Organization ProfileVALENTINESPEEDWAY.ORG
PO Box 146182637-1461
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 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2012 filings • 501(c)4 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

29th percentile

-6.7%

Faster asset growth than 29% of similar nonprofits.

2012 filings • 501(c)4 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

35th percentile

-6.2%

Faster revenue growth than 35% of similar nonprofits.

2012 filings • 501(c)4 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$23,842

Down $1,703 (-6.7%) from 2011

Net Assets

$23,842

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin17th percentile

Revenue

Down

$11,480

Down $754 (-6.2%) from 2011

Expenses

Up

$13,183

Up $2,424 (+23%) from 2011

Net Income

Down

-$1,703

Down $3,178 (-215%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$40K$30K$20K$10K$0Assets 2011: $25,545Liabilities 2011: $02011Assets 2012: $23,842Net Assets 2012: $23,8422012Assets 2013: $32,837Liabilities 2013: $0Net Assets 2013: $32,8372013Assets 2014: $31,306Liabilities 2014: $100Net Assets 2014: $31,2062014Assets 2015: $28,953Liabilities 2015: $100Net Assets 2015: $28,8532015Assets 2016: $22,952Liabilities 2016: $100Net Assets 2016: $22,8522016Assets 2017: $18,780Liabilities 2017: $104Net Assets 2017: $18,6762017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2012

Assets$23,842
Liabilities-
Net Assets$23,842
Open 2012 Filing

Operations Trend

Revenue Growth35th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $12,234Expenses 2011: $10,759Net Income 2011: $1,4752011Revenue 2012: $11,480Expenses 2012: $13,183Net Income 2012: -$1,7032012Revenue 2013: $30,889Expenses 2013: $21,894Net Income 2013: $8,9952013Revenue 2014: $63,254Expenses 2014: $64,885Net Income 2014: -$1,6312014Revenue 2015: $99,435Expenses 2015: $101,788Net Income 2015: -$2,3532015Revenue 2016: $88,308Expenses 2016: $94,309Net Income 2016: -$6,0012016Revenue 2017: $66,579Expenses 2017: $70,755Net Income 2017: -$4,1762017Revenue 2018: $0Expenses 2018: $18,676Net Income 2018: -$18,6762018

Highlighted filing

2012

Revenue$11,480
Expenses$13,183
Net Income-$1,703
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Mar 19, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

The association maintains a racetrack to provide competitive amateur car, motorcylce, & atv racing to foster community and family involvement. The association hosting races provides additional sales tax, lodging, and revenue for local county & town governments & businesses.

Filing and Contact Details

Filer

EIN
39-2055912
Raw XML Appendix140 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/ActivitiesNotPreviouslyRpt0false
IRS990EZ/CashSavingsAndInvestments/BOY05111
IRS990EZ/CashSavingsAndInvestments/EOY03370
IRS990EZ/ContributionsGiftsGrantsEtc0215
IRS990EZ/CostOfGoodsSold00
IRS990EZ/CostOtherBasisAndSalesExpenses00
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/ExcessOrDeficitForYear0-1703
IRS990EZ/FeesAndOthPymtToIndContractors0450
IRS990EZ/ForeignFinancialAccount0false
IRS990EZ/ForeignOffice0false
IRS990EZ/FundraisingGrossIncome010
IRS990EZ/GainOrLossFromSaleOfAssets00
IRS990EZ/GamingGrossIncome00
IRS990EZ/GroProfitLossSalesOfInventory00
IRS990EZ/GrossReceipts011480
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InvestmentIncome03
IRS990EZ/LandAndBuildings/BOY020434
IRS990EZ/LandAndBuildings/EOY020472
IRS990EZ/MadeChangesToOrgnzngEtcDoc0false
IRS990EZ/MadeLoansToFromOfficers0false
IRS990EZ/MaintainAnyDonorAdvisedFunds0false
IRS990EZ/MembershipDues02540
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY025545
IRS990EZ/NetAssetsOrFundBalancesBOY025545
IRS990EZ/NetAssetsOrFundBalances/EOY023842
IRS990EZ/NetAssetsOrFundBalancesEOY023842
IRS990EZ/OccupancyRentUtilitiesAndMaint01913
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition015.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition115.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition215.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition315.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition415.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0RAY NASH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1DANNY HEDGES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2JACKIE HEDGES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3VAL JOHNSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4FAY NASH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Vice President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4TRACK COORIDINATOR
IRS990EZ/Organization501c0X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherExpensesTotal010820
IRS990EZ/PrimaryExemptPurpose0COMPETITIVE AMATEUR SHORT TRACKING RACING
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0PROGRAM SERVICE EXPENSES: AMBULANCE DRIVERS PROVIDED TO MAINTAIN a safe environment for spectators & drivers and provide support to the county hospital, ambulance drivers are on staff during racing events
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom10.00
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses01125
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses16373
IRS990EZ/ProgramServiceRevenue08712
IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SpecialEventsDirectExpenses00
IRS990EZ/SpecialEventsNetIncomeLoss010
IRS990EZ/StatesWhereCopyOfReturnIsFiled0UT
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10PO BOX 1361
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0CASPER
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0WY
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode082602
IRS990EZ/TheBooksAreInCareOf/NamePerson0JOHN R KENFIELD JR
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber03074367163
IRS990EZ/TotalAssets/BOY025545
IRS990EZ/TotalAssets/EOY023842
IRS990EZ/TotalExpenses013183
IRS990EZ/TotalProgramServiceExpenses07498
IRS990EZ/TotalRevenue011480
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/WebSite0VALENTINESPEEDWAY.ORG
IRS990ScheduleO/GeneralExplanation/Explanation0PROGRAM BUSINESS EXPENSES (OTHER):
IRS990ScheduleO/GeneralExplanation/Explanation1WEBSITE & INTERNET FEES $ 130.89
IRS990ScheduleO/GeneralExplanation/Explanation2RENT-EQUIP & MACHINERY (PORTA POTTIES) $1,901.20
IRS990ScheduleO/GeneralExplanation/Explanation3WATER-RACETRACK $2,000.00
IRS990ScheduleO/GeneralExplanation/Explanation4DRIVERS AWARDS & WINNINGS $1,942.55
IRS990ScheduleO/GeneralExplanation/Explanation5DIESEL FUEL EXPENSE $397.89
IRS990ScheduleO/GeneralExplanation/Explanation6GRAND TOTAL OF OTHER $6,372.53
IRS990ScheduleO/GeneralExplanation/Explanation7THE ASSOCIATION HAD CONSISTENT MEMBERSHIP DURING THE 2012 PERIOD, AND
IRS990ScheduleO/GeneralExplanation/Explanation8THE INSTALLATION OF THE RACETRACK LIGHTS HAVE ENABLED THE ASSOCIATION
IRS990ScheduleO/GeneralExplanation/Explanation9TO HOST NIGHT RACING. IN MAY 2012, THE ASSOCIATION ONCE AGAIN PRESENTED THEIR ANNUAL SAFETY CHILD SEMINAR
IRS990ScheduleO/GeneralExplanation/Explanation10TO THE LOCAL EARLY CHILDHOOD DEVELOPMENT CENTER EXHIBITING REQUIRED SAFETY
IRS990ScheduleO/GeneralExplanation/Explanation11UNIFORMS AND HELMETS. DRIVERS BROUGHT THEIR CARS TO ALLOW THE
IRS990ScheduleO/GeneralExplanation/Explanation12CHILDREN AND/OR PARENTS TO START UP THE CAR. THE ASSOCIATION GAVE AWAY
IRS990ScheduleO/GeneralExplanation/Explanation13FREE CHILD ADMISSION TICKETS TO THE CLASS IN THE HOPES THAT
IRS990ScheduleO/GeneralExplanation/Explanation14CHILDREN'S FAMILY WOULD ATTEND A RACING EVENT DURING OUR SEASON. THIS
IRS990ScheduleO/GeneralExplanation/Explanation15NOT ONLY GENERATES ADDITIONAL PROGRAM SERVICE REVENUE, BUT ALSO
IRS990ScheduleO/GeneralExplanation/Explanation16FOSTERS A FAMILY-ORIENTED ENVIRONMENT. THE ASSOCIATION BELIEVES
IRS990ScheduleO/GeneralExplanation/Explanation17THAT IF ENOUGH PARTICIPATION IS GENERATED, NOT ONLY WILL THE ASSOCIATION, BUT
IRS990ScheduleO/GeneralExplanation/Explanation18THE LOCAL BUSINESSES IN TOWN OF GLENROCK WILL BENEFIT FROM
IRS990ScheduleO/GeneralExplanation/Explanation19PROGRAM BUSINESS EXP: WEBSITE & INTERNET 130. PROGRAM BUSINESS EXP: DRIVER AWARDS & WINNINGS 1943. PROGRAM BUSINESS EXP: WATER-RACETRACK 2000. PROGRAM BUSINESS EXP: DUES & SUBSCRIPTIONS 100. PROGRAM BUSINESS EXP: DIESEL FUEL EXP 398. MANAGEMENT & GENERAL: WY SECRETARY OF STATE TAX 27. MANAGEMENT & GENERAL: INSURANCE EXPENSE 1082. MANAGEMENT & GENERAL: CONFERENCE & BANQUETS 979. PROGRAM BUSINESS EXP: AMBULANCE DRVR FEES 1125. FUNDRAISING: RACETRACK LOGOED MRCHDSE 425. DEPRECIATION 2546. MANAGEMEN
IRS990ScheduleO/GeneralExplanation/Explanation20ACCOUNTS PAYABLE
IRS990ScheduleO/GeneralExplanation/Explanation21THE INCREASED TRAFFIC. DUE TO WYOMING DEPARTMENT OF TRANSPORTATION STATUTORY
IRS990ScheduleO/GeneralExplanation/Explanation22REQUIREMENTS, THE ASSOCIATION INSTALLED A NEW CATTLE GUARD AT THE ENTRANCE OF THE RACETRACK.
IRS990ScheduleO/GeneralExplanation/Explanation23FOR THE LABOR DAY RACE, THE ASSOCIATION GAVE AWAY A TOTAL OF (35) ADMISSION
IRS990ScheduleO/GeneralExplanation/Explanation24TICKETS TO EMS PERSONNEL (11 TICKETS), EMT/FIREFIGHTERS (4), AND MILITARY/VETERANS (20)
IRS990ScheduleO/GeneralExplanation/Explanation25AS A MEANS TO 'THANK' THESE INDIVIDUALS FOR THEIR SERVICES TO
IRS990ScheduleO/GeneralExplanation/Explanation26OUR LOCAL TOWN, COUNTY, STATE, AND COUNTRY.
IRS990ScheduleO/GeneralExplanation/Identifier0Pt III, Line 31
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0392055912
ReturnHeader/Filer/Name/BusinessNameLine10VALENTINE SPEEDWAY ASSOCIATION INC
ReturnHeader/Filer/NameControl0VALE
ReturnHeader/Filer/Phone03074367163
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1461
ReturnHeader/Filer/USAddress/City0GLENROCK
ReturnHeader/Filer/USAddress/State0WY
ReturnHeader/Filer/USAddress/ZIPCode0826371461
ReturnHeader/Officer/DateSigned02013-03-19
ReturnHeader/Officer/Name0DANNY HEDGES
ReturnHeader/Officer/Phone03074367163
ReturnHeader/Officer/Title0VICE PRESIDENT
ReturnHeader/Preparer/DatePrepared02013-03-25
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10JOHN R KENFIELD JR CPA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10PO BOX 1361
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0CASPER
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0WY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0826021361
ReturnHeader/Preparer/Name0JOHN R KENFIELD JR CPA
ReturnHeader/Preparer/Phone03074367163
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-03-25T19:08:35-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$23,842
Liabilities
-
Net assets
$23,842
Revenue
$11,480
Expenses
$13,183
Net income
-$1,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.19$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.67$0.71$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.88$0.94$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.99$1.02$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.63$0.65$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.31$0.22$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.24$0.11$0.13$0.02
2011Summary only. Only limited summary data is available for this year.$0.26$0.00$0.12$0.11$0.01