Civic Intelligence

Kandi Racing Association

990 • Fiscal year 2015 • EIN 41-1993665

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 16, 2016

Organization ProfileN/A
P O Box 1723Willmar, MN 56201

(320) 382-6195

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

53rd percentile

0.00x

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Net Margin

69th percentile

11%

Higher net margin than 69% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2015 filings • 501(c)7 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

947%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

82nd percentile

22%

Faster revenue growth than 82% of similar nonprofits.

2015 filings • 501(c)7 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$8,127

Up $7,351 (+947%) from 2014

Net Assets

Up

$8,127

Up $33,826 (+132%) from 2014

Liabilities

Down

$0

Down $26,475 (-100%) from 2014

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin69th percentile

Revenue

Up

$319,136

Up $58,592 (+22%) from 2014

Expenses

Up

$285,310

Up $5,984 (+2.1%) from 2014

Net Income

Up

$33,826

Up $52,608 (+280%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$40K$20K$0-$20K-$40KAssets 2010: $3,966Liabilities 2010: $5,070Net Assets 2010: -$1,1042010Assets 2011: $4,651Liabilities 2011: $5,889Net Assets 2011: -$1,2382011Assets 2012: $4,652Liabilities 2012: $9,516Net Assets 2012: -$4,8642012Assets 2013: $2,440Liabilities 2013: $9,357Net Assets 2013: -$6,9172013Assets 2014: $776Liabilities 2014: $26,475Net Assets 2014: -$25,6992014Assets 2015: $8,127Liabilities 2015: $0Net Assets 2015: $8,1272015Assets 2016: $4,222Liabilities 2016: $0Net Assets 2016: $4,2222016Assets 2017: $2,112Liabilities 2017: $0Net Assets 2017: $2,1122017Assets 2018: $3,089Liabilities 2018: $19,500Net Assets 2018: -$16,4112018Assets 2019: $1,130Liabilities 2019: $15,500Net Assets 2019: -$14,3702019Assets 2020: $8,894Liabilities 2020: $947Net Assets 2020: $7,9472020Assets 2021: $30,360Liabilities 2021: $1,011Net Assets 2021: $29,3492021Assets 2022: $20,857Liabilities 2022: $20,857Net Assets 2022: $02022Assets 2023: $9,234Liabilities 2023: $9,234Net Assets 2023: $02023Assets 2024: $7,794Liabilities 2024: $7,794Net Assets 2024: $02024Assets 2025: $8,392Liabilities 2025: $8,392Net Assets 2025: $02025

Highlighted filing

2015

Assets$8,127
Liabilities$0
Net Assets$8,127
Open 2015 Filing

Operations Trend

Revenue Growth82nd percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $315,8972010Expenses 2011: $260,7612011Expenses 2012: $264,3292012Revenue 2013: $260,367Expenses 2013: $262,420Net Income 2013: -$2,0532013Revenue 2014: $260,544Expenses 2014: $279,326Net Income 2014: -$18,7822014Revenue 2015: $319,136Expenses 2015: $285,310Net Income 2015: $33,8262015Revenue 2016: $278,630Expenses 2016: $282,535Net Income 2016: -$3,9052016Revenue 2017: $220,328Expenses 2017: $222,438Net Income 2017: -$2,1102017Revenue 2018: $241,717Expenses 2018: $260,891Net Income 2018: -$19,1742018Revenue 2019: $198,584Expenses 2019: $195,892Net Income 2019: $2,6922019Revenue 2020: $188,248Expenses 2020: $165,931Net Income 2020: $22,3172020Revenue 2021: $325,041Expenses 2021: $303,639Net Income 2021: $21,4022021Revenue 2022: $307,281Expenses 2022: $307,281Net Income 2022: $02022Revenue 2023: $376,894Expenses 2023: $376,894Net Income 2023: $02023Revenue 2024: $265,032Expenses 2024: $265,032Net Income 2024: $02024Revenue 2025: $297,105Expenses 2025: $297,105Net Income 2025: $02025

Highlighted filing

2015

Revenue$319,136
Expenses$285,310
Net Income$33,826
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 16, 2016
Return Version
2015v2.0
Gross Receipts
$319,136
Mission and Program Overview

Mission

Auto racing recreation for drivers from kandiyohi county and surrounding communities along with entertainment for residents of willmar and surrounding communitites

To provide auto racing recreation for drivers from kandiyohi county and surrounding communities along with entertainment for residents of willmar and surrounding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$20,000--
Rtn Earn Endowment Incm Other Fnds$-25,699$8,127▲ $33,826
Cash and Non-Interest-Bearing Accounts$776$6,495▲ $5,719
Accounts Receivable-$1,632-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$776$8,127▲ $7,351
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$6,475--
Total Liabilities$26,475$0▼ $26,475
Net Assets / Fund Balance
Total Net Assets Fund Balance$-25,699$8,127▲ $33,826
Total Liabilities and Net Assets / Fund Balance$776$8,127▲ $7,351
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
John MuellerPresident
Jason MccoyVice President
Bronson HoffDirector
Jed MuellerDirector
Jonathan OlmscheidDirector
Steven BeachDirector
Sue MartinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$319,136
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$33,826
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,310
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$34,676--$34,676
Other Expenses$19,016--$19,016
Occupancy$13,497--$13,497
Insurance$12,405--$12,405
Advertising$11,984--$11,984
Interest$178--$178
Total Functional Expenses$285,310$0$0$285,310
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$20,000--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Kandi Racing Association
EIN
41-1993665
Phone
3203826195
Address
P O BOX 1723, WILLMAR, MN 56201

Signing Officer

Name
Jonathan Olmscheid
Title
Director
Signed
2016-06-16
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
0
Employees
0

Preparer

Firm
Christianson & Associates PLLP
Address
302 5th Street SW, Willmar, MN 56201
Preparer
Keith R Cooreman
Phone
3202355937
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“ADMIN FEES EXPENSE: Column (A) - Total = $4592; Column (B) - Program Services = $4592; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“ALCOHOL EXPENSE: Column (A) - Total = $1905; Column (B) - Program Services = $1905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“CONTRACT LABOR: Column (A) - Total = $9074; Column (B) - Program Services = $9074; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“EMT FEES: Column (A) - Total = $1048; Column (B) - Program Services = $1048; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“EQUIPMENT RENT: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“FUEL: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“MEMBERSHIP & FEES: Column (A) - Total = $240; Column (B) - Program Services = $240; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Postage and Shipping: Column (A) - Total = $222; Column (B) - Program Services = $222; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SALES TAX EXPENSE: Column (A) - Total = $9635; Column (B) - Program Services = $9635; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SALES TAX SETTLEMENT: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SPRINT SANCTION FEES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“SUPPLIES: Column (A) - Total = $1250; Column (B) - Program Services = $1250; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“WISSOTA FEES: Column (A) - Total = $6710; Column (B) - Program Services = $6710; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Raw XML Appendix379 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/OtherExpensesGrp/Desc2MISC EXPENSES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0134846
IRS990/OtherExpensesGrp/ProgramServicesAmt137611
IRS990/OtherExpensesGrp/ProgramServicesAmt221097
IRS990/OtherExpensesGrp/ProgramServicesAmt319016
IRS990/OtherExpensesGrp/TotalAmt0134846
IRS990/OtherExpensesGrp/TotalAmt137611
IRS990/OtherExpensesGrp/TotalAmt221097
IRS990/OtherExpensesGrp/TotalAmt319016
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RACE TRACK INCOME & FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0319136
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0319136
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03001
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0279326
IRS990/PYOtherRevenueAmt06407
IRS990/PYProgramServiceRevenueAmt0251136
IRS990/PYRevenuesLessExpensesAmt0-18782
IRS990/PYTotalExpensesAmt0279326
IRS990/PYTotalRevenueAmt0260544
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt033826
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-25699
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08127
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MARK STAHL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0LOAN FROM TREASURER
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADMIN FEES EXPENSE: Column (A) - Total = $4592; Column (B) - Program Services = $4592; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALCOHOL EXPENSE: Column (A) - Total = $1905; Column (B) - Program Services = $1905; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTRACT LABOR: Column (A) - Total = $9074; Column (B) - Program Services = $9074; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EMT FEES: Column (A) - Total = $1048; Column (B) - Program Services = $1048; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EQUIPMENT RENT: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FUEL: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MEMBERSHIP & FEES: Column (A) - Total = $240; Column (B) - Program Services = $240; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Postage and Shipping: Column (A) - Total = $222; Column (B) - Program Services = $222; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14SALES TAX EXPENSE: Column (A) - Total = $9635; Column (B) - Program Services = $9635; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15SALES TAX SETTLEMENT: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16SPRINT SANCTION FEES: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17SUPPLIES: Column (A) - Total = $1250; Column (B) - Program Services = $1250; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18WISSOTA FEES: Column (A) - Total = $6710; Column (B) - Program Services = $6710; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0776
IRS990/TotalAssetsEOYAmt08127
IRS990/TotalAssetsGrp/BOYAmt0776
IRS990/TotalAssetsGrp/EOYAmt08127
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285310
IRS990/TotalFunctionalExpensesGrp/TotalAmt0285310
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026475
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt026475
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-25699
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08127
IRS990/TotalProgramServiceRevenueAmt0319136
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0319136
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0319136
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0776
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08127
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN OLMSCHEID
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KANDI RACING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0KAND
ReturnHeader/Filer/EIN0411993665
ReturnHeader/Filer/PhoneNum03203826195
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1723
ReturnHeader/Filer/USAddress/CityNm0WILLMAR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Christianson & Associates PLLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0302 5th Street SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willmar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056201
ReturnHeader/PreparerPersonGrp/PhoneNum03202355937
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Keith R Cooreman
ReturnHeader/ReturnTs02016-06-16T06:55:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,127
Liabilities
$0
Net assets
$8,127
Revenue
$319,136
Expenses
$285,310
Net income
$33,826
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$2.97$2.97$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$2.65$2.65$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.00$3.77$3.77$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.00$3.07$3.07$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$3.25$3.04$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$1.88$1.66$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.16$0.14$1.99$1.96$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.20$0.16$2.42$2.61$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$2.20$2.22$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$2.79$2.83$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$3.19$2.85$0.34
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.26$0.26$2.61$2.79$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.09$0.07$2.60$2.62$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.10$0.05$2.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.06$0.01$2.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.05$0.01$3.16