Civic Intelligence

Healthy & Happy Racing Inc

EIN 47-2038981 • 501(c)3 • Brooklyn, NY

Profile

To financially support and guide needy teens through cycling

8691 Bay 16th StreetBrooklyn, NY 11214

www.hhracingteam.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

100th percentile

458%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

-26%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Down

$17,420

Down $6,086 (-26%) from 2018

Liabilities

Down

$95

Down $3 (-3.1%) from 2018

Net Assets

Down

$17,325

Down $6,083 (-26%) from 2018

Revenue

Down

-$1,329

Down $32,214 (-104%) from 2018

Expenses

Down

$4,754

Down $36,101 (-88%) from 2018

Net Income

Up

-$6,083

Up $3,887 (+39%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2015: $27,395Liabilities 2015: $59Net Assets 2015: $27,3362015Assets 2016: $51,012Liabilities 2016: $2,914Net Assets 2016: $48,0982016Assets 2017: $33,707Liabilities 2017: $329Net Assets 2017: $33,3782017Assets 2018: $23,506Liabilities 2018: $98Net Assets 2018: $23,4082018Assets 2019: $17,420Liabilities 2019: $95Net Assets 2019: $17,3252019

Highlighted filing

2019

Assets$17,420
Liabilities$95
Net Assets$17,325

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2015: $39,093Expenses 2015: $11,757Net Income 2015: $27,3362015Revenue 2016: $57,066Expenses 2016: $36,304Net Income 2016: $20,7622016Revenue 2017: $18,965Expenses 2017: $33,685Net Income 2017: -$14,7202017Revenue 2018: $30,885Expenses 2018: $40,855Net Income 2018: -$9,9702018Revenue 2019: -$1,329Expenses 2019: $4,754Net Income 2019: -$6,0832019

Highlighted filing

2019

Revenue-$1,329
Expenses$4,754
Net Income-$6,083

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 4, 2020
Return Version
2018v3.1
Gross Receipts
$4,373
Mission and Program Overview

Mission

To financially support and guide needy teens through cycling

Program Services

DescriptionGrantsExpenses
TO FINANCIALLY SUPPORT AND GUIDE NEEDY TEENS THROUGH CYCLING$750$4,754
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALESSANDRO MATTEUCCIPresidentPT$0--
RANDY LIUVice President-$0--
MICHAEL HOWARDSecretary/Treasurer-$0--
JP RORECHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Healthy & Happy Racing Inc
EIN
47-2038981
Phone
3474520069
Address
8691 BAY 16TH STREET, BROOKLYN, NY 11214

Signing Officer

Name
Alessandro Matteucci
Title
President
Phone
3474520069
Signed
2020-02-04
Discuss with paid preparer
Yes

Preparer

Firm
Costarothbort Cpas LLC
Address
445 BROADHOLLOW ROAD SUITE 124, MELVILLE, NY 11747
Preparer
Michael J Costa
Phone
5162801690
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 3,035. Returns and allowances: 0. Less cost of goods sold: 5,702. Gross profit: -2,667. Cost of goods sold: inventory at beginning of year: 14,120. Merchandise purchased: 5,000. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 13,418. Cost of goods sold: 5,702.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: insurance refund. Amount: 1,128.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 651. Description: race registrations and travel expenses. Amount: 775. Description: taxes and licenses. Amount: 50. Total to form 990-ez, line 16: 1,476.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 14,120. End of year amount: 13,418.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card payable. Beg. Of year amount: 98. End of year amount: 95.

Raw XML Appendix175 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum03474520069
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08691 BAY 16TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011214
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09386
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04002
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt075
IRS990EZ/CostOfGoodsSoldAmt05702
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6083
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02451
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023506
IRS990EZ/Form990TotalAssetsGrp/EOYAmt017420
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0750
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-2667
IRS990EZ/GrossReceiptsAmt04373
IRS990EZ/GrossSalesOfInventoryAmt03035
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0135
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt023408
IRS990EZ/NetAssetsOrFundBalancesEOYAmt017325
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt023408
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt017325
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt07.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALESSANDRO MATTEUCCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RANDY LIU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JP RORECH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt014120
IRS990EZ/OtherAssetsTotalDetail/EOYAmt013418
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01476
IRS990EZ/OtherRevenueTotalAmt01128
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO FINANCIALLY SUPPORT AND GUIDE NEEDY TEENS THROUGH CYCLING
IRS990EZ/PrintingPublicationsPostageAmt077
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FINANCIALLY SUPPORT AND GUIDE NEEDY TEENS THROUGH CYCLING
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04754
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt098
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt095
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04754
IRS990EZ/TotalProgramServiceExpensesAmt04754
IRS990EZ/TotalRevenueAmt0-1329
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HHRACINGTEAM.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0210
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020883
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt065691
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt054239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0157310
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03035
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt020687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt015007
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt045885
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0203195
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03245
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt036974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt024799
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt068931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt069246
IRS990ScheduleA/Total509Grp/TotalAmt0203195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03245
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt036974
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt024799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt068931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt069246
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0203195
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 3,035. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 5,702. GROSS PROFIT: -2,667. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 14,120. MERCHANDISE PURCHASED: 5,000. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 13,418. COST OF GOODS SOLD: 5,702.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE REFUND. AMOUNT: 1,128.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OFFICE EXPENSES. AMOUNT: 651. DESCRIPTION: RACE REGISTRATIONS AND TRAVEL EXPENSES. AMOUNT: 775. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 50. TOTAL TO FORM 990-EZ, LINE 16: 1,476.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 14,120. END OF YEAR AMOUNT: 13,418.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 98. END OF YEAR AMOUNT: 95.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALESSANDRO MATTEUCCI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03474520069
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEALTHY & HAPPY RACING INC
ReturnHeader/Filer/BusinessNameControlTxt0HEAL
ReturnHeader/Filer/EIN0472038981
ReturnHeader/Filer/PhoneNum03474520069
ReturnHeader/Filer/USAddress/AddressLine1Txt08691 BAY 16TH STREET
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011214
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02798F772DD5407812BE2B5F7D44F45E70D2C14EC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.99.51.186
ReturnHeader/FilingSecurityInformation/IPDt02020-02-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:31:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0465286678
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COSTAROTHBORT CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0445 BROADHOLLOW ROAD SUITE 124
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum05162801690
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J COSTA
ReturnHeader/ReturnTs02020-02-12T11:18:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.