Civic Intelligence

Kandi Racing Association

990 • Fiscal year 2017 • EIN 41-1993665

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 02, 2018

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

(320) 220-7401

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.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.00x

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

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Net Margin

36th percentile

-1.0%

Higher net margin than 36% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2017 filings • 501(c)7 • <$500k nonprofits • Source year 2017

Asset Growth

5th percentile

-50%

Faster asset growth than 5% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)7 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$2,112

Down $2,110 (-50%) from 2016

Net Assets

Down

$2,112

Down $2,110 (-50%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin36th percentile

Revenue

Down

$220,328

Down $58,302 (-21%) from 2016

Expenses

Down

$222,438

Down $60,097 (-21%) from 2016

Net Income

Up

-$2,110

Up $1,795 (+46%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth5th 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

2017

Assets$2,112
Liabilities$0
Net Assets$2,112
Open 2017 Filing

Operations Trend

Revenue Growth13th 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

2017

Revenue$220,328
Expenses$222,438
Net Income-$2,110
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 2, 2018
Return Version
2017v2.2
Gross Receipts
$220,328
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
Cash and Non-Interest-Bearing Accounts$4,222$2,112▼ $2,110
Rtn Earn Endowment Incm Other Fnds$4,222$2,112▼ $2,110
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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$4,222$2,112▼ $2,110
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,222$2,112▼ $2,110
Total Liabilities and Net Assets / Fund Balance$4,222$2,112▼ $2,110

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$5,492$5,492
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Justin HedtkePresident & CEO
Mark GeerVice President
Adam PrieveDirector
Greg OvermanDirector
Steven BeachDirector
Stacy HillerudSecretary
Justin VogelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$220,328
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,110
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$222,438
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
Advertising$25,591--$25,591
Occupancy$25,301--$25,301
Insurance$14,501--$14,501
All Other Expenses$13,532--$13,532
Other Expenses$7,477--$7,477
Fees for Services Accounting$125--$125
Fees for Services Other$62--$62
Total Functional Expenses$222,438$0$0$222,438
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
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
3202207401
Address
P O BOX 1723, WILLMAR, MN 56201

Signing Officer

Name
Justin Hedtke
Title
President & CEO
Signed
2018-11-02
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
0
Employees
0

Preparer

Firm
Christianson PLLP
Address
302 5th Street SW, Willmar, MN 56201
Preparer
Keith R Cooreman
Phone
3202355937
Raw XML Appendix329 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/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE AUTO RACING RECREATION FOR DRIVERS FROM KANDIYOHI COUNTY AND SURROUNDING COMMUNITIES ALONG WITH ENTERTAINMENT FOR RESIDENTS OF WILLMAR AND SURROUNDING COMMUNITIES.
IRS990/AdvertisingGrp/ProgramServicesAmt025591
IRS990/AdvertisingGrp/TotalAmt025591
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013532
IRS990/AllOtherExpensesGrp/TotalAmt013532
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JUSTIN VOGEL
IRS990/BooksInCareOfDetail/PhoneNum03202639070
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0530 EASTERN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOTEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056316
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04222
IRS990/CashNonInterestBearingGrp/EOYAmt02112
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0222438
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0220328
IRS990/CYRevenuesLessExpensesAmt0-2110
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0222438
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0220328
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE ASSOCIATION WAS ORGANIZED TO PROVIDE AUTO RACING RECREATION FOR DRIVERS FROM KANDIYOHI COUNTY AND SURROUNDING COMMUNITIES ALONG WITH ENTERTAINMENT FOR RESIDENTS OF WILLMAR AND SURROUNDING COMMUNITIES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0125
IRS990/FeesForServicesAccountingGrp/TotalAmt0125
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt062
IRS990/FeesForServicesOtherGrp/TotalAmt062
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt07.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt27.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt37.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt57.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JUSTIN VOGEL
IRS990/Form990PartVIISectionAGrp/PersonNm1GREG OVERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN BEACH
IRS990/Form990PartVIISectionAGrp/PersonNm3ADAM PRIEVE
IRS990/Form990PartVIISectionAGrp/PersonNm4STACY HILLERUD
IRS990/Form990PartVIISectionAGrp/PersonNm5JUSTIN HEDTKE
IRS990/Form990PartVIISectionAGrp/PersonNm6MARK GEER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0220328
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt014501
IRS990/InsuranceGrp/TotalAmt014501
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05492
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt05492
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO PROVIDE AUTO RACING RECREATION FOR DRIVERS FROM KANDIYOHI COUNTY AND SURROUNDING COMMUNITIES ALONG WITH ENTERTAINMENT FOR RESIDENTS OF WILLMAR AND SURROUNDING COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04222
IRS990/NetAssetsOrFundBalancesEOYAmt02112
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt025301
IRS990/OccupancyGrp/TotalAmt025301
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PRIZES AND AWARDS
IRS990/OtherExpensesGrp/Desc1CONCESSION EXPENSE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3SALES TAX EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt082412
IRS990/OtherExpensesGrp/ProgramServicesAmt130564
IRS990/OtherExpensesGrp/ProgramServicesAmt222873
IRS990/OtherExpensesGrp/ProgramServicesAmt37477
IRS990/OtherExpensesGrp/TotalAmt082412
IRS990/OtherExpensesGrp/TotalAmt130564
IRS990/OtherExpensesGrp/TotalAmt222873
IRS990/OtherExpensesGrp/TotalAmt37477
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/RelatedOrExemptFuncIncomeAmt0220328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0220328
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0282535
IRS990/PYProgramServiceRevenueAmt0278630
IRS990/PYRevenuesLessExpensesAmt0-3905
IRS990/PYTotalExpensesAmt0282535
IRS990/PYTotalRevenueAmt0278630
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2110
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04222
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02112
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05492
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05492
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04222
IRS990/TotalAssetsEOYAmt02112
IRS990/TotalAssetsGrp/BOYAmt04222
IRS990/TotalAssetsGrp/EOYAmt02112
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0222438
IRS990/TotalFunctionalExpensesGrp/TotalAmt0222438
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04222
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02112
IRS990/TotalProgramServiceRevenueAmt0220328
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0220328
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220328
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04222
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02112
IRS990/TravelGrp/TotalAmt00
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN HEDTKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KANDI RACING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0KAND
ReturnHeader/Filer/EIN0411993665
ReturnHeader/Filer/PhoneNum03202207401
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1723
ReturnHeader/Filer/USAddress/CityNm0WILLMAR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056201
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411781145
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Christianson 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/ReturnTs02018-11-02T14:00:57-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,112
Liabilities
$0
Net assets
$2,112
Revenue
$220,328
Expenses
$222,438
Net income
-$2,110
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