Civic Intelligence

Racing Hearts

990EZ • Fiscal year 2018 • EIN 45-5271941

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 15, 2019

4123 Park BlvdPalo Alto, CA 94306

(650) 308-4183

Siviq Scores

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

Liabilities / Assets

86th percentile

0.30x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

2.67x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$30,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 57.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

23rd percentile

-16%

Faster asset growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-76%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$457,812

Down $87,697 (-16%) from 2017

Net Assets

Down

$318,441

Down $6,156 (-1.9%) from 2017

Liabilities

Down

$139,371

Down $81,541 (-37%) from 2017

Revenue

Down

$52,236

Down $165,498 (-76%) from 2017

Expenses

Down

$58,392

Down $54,745 (-48%) from 2017

Net Income

Down

-$6,156

Down $110,753 (-106%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $36,661Liabilities 2013: $4,965Net Assets 2013: $31,6962013Assets 2014: $89,918Liabilities 2014: $0Net Assets 2014: $89,9182014Assets 2015: $153,642Liabilities 2015: $15,425Net Assets 2015: $138,2172015Assets 2016: $228,366Liabilities 2016: $8,366Net Assets 2016: $220,0002016Assets 2017: $545,509Liabilities 2017: $220,912Net Assets 2017: $324,5972017Assets 2018: $457,812Liabilities 2018: $139,371Net Assets 2018: $318,4412018Assets 2019: $341,885Net Assets 2019: $341,8852019Assets 2020: $220,341Net Assets 2020: $220,3412020Assets 2021: $168,323Liabilities 2021: $20,202Net Assets 2021: $148,1212021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2018

Assets$457,812
Liabilities$139,371
Net Assets$318,441

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2013: $41,619Expenses 2013: $15,357Net Income 2013: $26,2622013Revenue 2014: $177,913Expenses 2014: $119,691Net Income 2014: $58,2222014Revenue 2015: $153,276Expenses 2015: $104,977Net Income 2015: $48,2992015Revenue 2016: $190,746Expenses 2016: $108,963Net Income 2016: $81,7832016Revenue 2017: $217,734Expenses 2017: $113,137Net Income 2017: $104,5972017Revenue 2018: $52,236Expenses 2018: $58,392Net Income 2018: -$6,1562018Revenue 2019: $85,026Expenses 2019: $61,582Net Income 2019: $23,4442019Revenue 2020: $33,724Expenses 2020: $155,268Net Income 2020: -$121,5442020Revenue 2021: $3,966Expenses 2021: $76,186Net Income 2021: -$72,2202021Revenue 2022: $1,765Expenses 2022: $149,702Net Income 2022: -$147,9372022

Highlighted filing

2018

Revenue$52,236
Expenses$58,392
Net Income-$6,156
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 15, 2019
Return Version
2018v3.1
Gross Receipts
$74,942
Mission and Program Overview

Mission

Advocating and empowering access to life saving heart defibrillators (AEDs) in our schools and our communities.

Program Services

DescriptionGrantsExpenses
Providing AED and AED education in School Districts, Police Departments and small service centers$57,742-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE MARTINSONPresidentPT$30,000-$30,000
LISA BERNARDTreasurerPT$19,750-$19,750
ANNE CRIBBSBoard Member-$0--
CINDY CHANGBoard Member-$0--
JOHN GOLDMANBoard Member-$0--
CHRISTINE AUGUSTINEBoard Member-$0--
SHARI SHOENFELD MEYERSBoard Member-$0--
CHASE BEHRINGERBoard Member-$0--
MARYANN BERKOWITZBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heart Race and Wellness Event$31,318$31,318$22,706$8,612
Total Events$31,318$31,318$22,706$8,612
Filing and Contact Details

Filer

Filer Name
Racing Hearts
EIN
45-5271941
Phone
6503084183
Address
4123 PARK BLVD, PALO ALTO, CA 94306

Signing Officer

Name
Stephanie Martinson
Title
Executive Director
Signed
2019-04-15
Discuss with paid preparer
Yes

Preparer

Firm
R Wood & Associates Inc
Address
PO Box 20488, San Jose, CA 95160
Preparer
D Wood Lebovitz
Phone
4089783833
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2191

Other Expenses.1002

Office Expenses $48

Other Expenses.1009

Depreciation $466

Other Expenses.1010

Amortization $184

Other Expenses.1012

Insurance $1250

Other Assets.1003

Machinery and Equipment - Beginning $2785 Machinery and Equipment - Ending $2319

Other Assets.1005

Accounts Receivable - Beginning $11991 Accounts Receivable - Ending $0

Other Assets.1006

Pledges and Grants Receivable - Beginning $4052 Pledges and Grants Receivable - Ending $98

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $103685 Prepaid Expenses and Deferred Charges - Ending $40199

Other Assets.1012

Intangible Assets - Beginning $2392 Intangible Assets - Ending $2208

Total Liabilities.1003

Deferred Revenue - Beginning $220912 Deferred Revenue - Ending $139371

Raw XML Appendix185 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0420604
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt030000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHANIE MARTINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LISA BERNARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANNE CRIBBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CINDY CHANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN GOLDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHRISTINE AUGUSTINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHARI SHOENFELD MEYERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CHASE BEHRINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MARYANN BERKOWITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0124905
IRS990EZ/OtherAssetsTotalDetail/EOYAmt044824
IRS990EZ/OtherExpensesTotalAmt04139
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Advocating and empowering access to life saving heart defibrillators (AEDs) in our schools and our communities.
IRS990EZ/PrintingPublicationsPostageAmt0696
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Providing AED and AED education in School Districts, Police Departments and small service centers
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt057742
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt049750
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt022706
IRS990EZ/SpecialEventsNetIncomeLossAmt08612
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0220912
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0139371
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058392
IRS990EZ/TotalProgramServiceExpensesAmt057742
IRS990EZ/TotalRevenueAmt052236
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0RACINGHEARTS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044092
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0127480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0124496
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0296068
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0296068
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt044092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0127480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124496
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0296068
IRS990ScheduleA/TotalSupportAmt0296068
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022706
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HEART RACE AND WELLNESS EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031318
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031318
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031318
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031318
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08612
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022706
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022706
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0WELLNESS EVENT AND HEART RACE
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2b - Fundraiser Additional Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $48
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Amortization $184
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Machinery and Equipment - Beginning $2785 Machinery and Equipment - Ending $2319
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Receivable - Beginning $11991 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pledges and Grants Receivable - Beginning $4052 Pledges and Grants Receivable - Ending $98
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Prepaid Expenses and Deferred Charges - Beginning $103685 Prepaid Expenses and Deferred Charges - Ending $40199
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Intangible Assets - Beginning $2392 Intangible Assets - Ending $2208
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Deferred Revenue - Beginning $220912 Deferred Revenue - Ending $139371
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1010
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1003
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHANIE MARTINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RACING HEARTS
ReturnHeader/Filer/BusinessNameControlTxt0RACI
ReturnHeader/Filer/EIN0455271941
ReturnHeader/Filer/PhoneNum06503084183
ReturnHeader/Filer/USAddress/AddressLine1Txt04123 PARK BLVD
ReturnHeader/Filer/USAddress/CityNm0PALO ALTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094306
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770052454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0R Wood & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 20488
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Jose
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095160
ReturnHeader/PreparerPersonGrp/PhoneNum04089783833
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0D WOOD LEBOVITZ
ReturnHeader/ReturnTs02019-04-15T09:56:06-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings