Civic Intelligence

Sherman County Speedway

990EZ • Fiscal year 2020 • EIN 47-3667654

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 27, 2021

Organization ProfileN/A
PO Box 461Goodland, KS 67735

(785) 899-8196

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

81st percentile

22%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

100th percentile

993050%

Faster asset growth than 100% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

57th percentile

-9.7%

Faster revenue growth than 57% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$19,863

Up $19,861 (+993050%) from 2019

Net Assets

Up

$19,863

Up $22,902 (+754%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin81st percentile

Revenue

Down

$106,508

Down $11,438 (-9.7%) from 2019

Expenses

Down

$83,606

Down $38,888 (-32%) from 2019

Net Income

Up

$22,902

Up $27,450 (+604%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$30K$20K$10K$0-$10KAssets 2019: $2Liabilities 2019: $3,041Net Assets 2019: -$3,0392019Assets 2020: $19,863Net Assets 2020: $19,8632020Assets 2021: $23,622Net Assets 2021: $23,6222021Assets 2022: $21,215Net Assets 2022: $21,2152022Assets 2023: $20,944Net Assets 2023: $20,9442023Assets 2024: $18,511Net Assets 2024: $18,5112024

Highlighted filing

2020

Assets$19,863
Liabilities-
Net Assets$19,863
Open 2020 Filing

Operations Trend

Revenue Growth57th percentile

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

$150K$100K$50K$0-$50KRevenue 2019: $117,946Expenses 2019: $122,494Net Income 2019: -$4,5482019Revenue 2020: $106,508Expenses 2020: $83,606Net Income 2020: $22,9022020Revenue 2021: $120,781Expenses 2021: $117,022Net Income 2021: $3,7592021Revenue 2022: $104,684Expenses 2022: $107,092Net Income 2022: -$2,4082022Revenue 2023: $67,852Expenses 2023: $68,123Net Income 2023: -$2712023Revenue 2024: $103,718Expenses 2024: $106,150Net Income 2024: -$2,4322024

Highlighted filing

2020

Revenue$106,508
Expenses$83,606
Net Income$22,902
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 27, 2021
Return Version
2020v4.0
Gross Receipts
$106,508
Mission and Program Overview

Mission

To provide a safe venue for stock car racing.

Program Services

DescriptionGrantsExpenses
TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTOPHER MICHAEL KENNEDYPresident-$0--
TANNER SCHMIDTVice Preside-$0--
JENNIFER ARNTTTreasurer-$0--
MELISSA JOHNSONSecretary-$0--
JAY MURRAYDirector-$0--
BRIAN GUYERDirector-$0--
SANDY MILLERDirector-$0--
MICHAEL JOHNSONDirector-$0--
CURT KENNEDYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sherman County Speedway
EIN
47-3667654
Phone
7858998196
Address
PO BOX 461, GOODLAND, KS 67735

Signing Officer

Name
Jennifer Arntt
Title
Treasurer
Phone
7858998196
Signed
2021-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Douglas J Sederstrom CPA Pa
Address
1617 CLARK ST, GOODLAND, KS 67735-3152
Preparer
Douglas J Sederstrom CPA
Phone
7858906594
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 271 4,383 non-investment depreciation 134 total 4,788”

Form 990-ez, Part II, Line 24

“0 3,760 less accumulated depreciation 0 134 total 0 3,626”

Form 990-ez, Part II, Line 26

“Note payable - bumpy roads 2,000 0 checks in excess of bank balance 1,041 0”

Raw XML Appendix133 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0CHRISTOPHER MICHAEL KENNEDY
CompensationExplanation/CompensationExplanationGrp/PersonNm1TANNER SCHMIDT
CompensationExplanation/CompensationExplanationGrp/PersonNm2JENNIFER ARNTT
CompensationExplanation/CompensationExplanationGrp/PersonNm3MELISSA JOHNSON
CompensationExplanation/CompensationExplanationGrp/PersonNm4JAY MURRAY
CompensationExplanation/CompensationExplanationGrp/PersonNm5BRIAN GUYER
CompensationExplanation/CompensationExplanationGrp/PersonNm6SANDY MILLER
CompensationExplanation/CompensationExplanationGrp/PersonNm7MICHAEL JOHNSON
CompensationExplanation/CompensationExplanationGrp/PersonNm8CURT KENNEDY
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JENNIFER ARNTT
IRS990EZ/BooksInCareOfDetail/PhoneNum07858998196
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 461
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GOODLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd067735
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016237
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt022902
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt075451
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019863
IRS990EZ/GrossReceiptsAmt0106508
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-3039
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019863
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-3039
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019863
IRS990EZ/OccupancyRentUtltsAndMaintAmt03300
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTOPHER MICHAEL KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TANNER SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JENNIFER ARNTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MELISSA JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JAY MURRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRIAN GUYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SANDY MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MICHAEL JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CURT KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03626
IRS990EZ/OtherExpensesTotalAmt04788
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/PrintingPublicationsPostageAmt067
IRS990EZ/ProgramServiceRevenueAmt0106508
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03041
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083606
IRS990EZ/TotalRevenueAmt0106508
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 271 4,383 NON-INVESTMENT DEPRECIATION 134 TOTAL 4,788
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10 3,760 LESS ACCUMULATED DEPRECIATION 0 134 TOTAL 0 3,626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTE PAYABLE - BUMPY ROADS 2,000 0 CHECKS IN EXCESS OF BANK BALANCE 1,041 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER ARNTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07858998196
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHERMAN COUNTY SPEEDWAY
ReturnHeader/Filer/BusinessNameControlTxt0SHER
ReturnHeader/Filer/EIN0473667654
ReturnHeader/Filer/PhoneNum07858998196
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 461
ReturnHeader/Filer/USAddress/CityNm0GOODLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd067735
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263719168
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOUGLAS J SEDERSTROM CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01617 CLARK ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GOODLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0677353152
ReturnHeader/PreparerPersonGrp/PhoneNum07858906594
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS J SEDERSTROM CPA
ReturnHeader/ReturnTs02021-10-28T15:02:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ARNTT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,863
Liabilities
-
Net assets
$19,863
Revenue
$106,508
Expenses
$83,606
Net income
$22,902
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.19$1.04$1.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.21$0.68$0.68$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.21$1.05$1.07$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.24$0.24$1.21$1.17$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.20$1.07$0.84$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.03$0.03$1.18$1.22$0.05