Civic Intelligence

Sherman County Speedway

990EZ • Fiscal year 2021 • EIN 47-3667654

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 27, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

45th percentile

3.1%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

58th percentile

13%

Faster revenue growth than 58% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$23,622

Up $3,759 (+19%) from 2020

Net Assets

Up

$23,622

Up $3,759 (+19%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$120,781

Up $14,273 (+13%) from 2020

Expenses

Up

$117,022

Up $33,416 (+40%) from 2020

Net Income

Down

$3,759

Down $19,143 (-84%) from 2020

Historical Trend

Balance Sheet Trend

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

2021

Assets$23,622
Liabilities-
Net Assets$23,622

Operations Trend

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

2021

Revenue$120,781
Expenses$117,022
Net Income$3,759
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 27, 2022
Return Version
2021v4.0
Gross Receipts
$120,781
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

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTOPHER MICHAEL KENNEDYPresident-$0--
JENNIFER ARNTTTreasurer-$0--
MELISSA JOHNSONSecretary-$0--
JAY MURRAYDirector-$0--
BRIAN GUYERDirector-$0--
SANDY MILLERDirector-$0--
MICHAEL JOHNSONDirector-$0--
CURT KENNEDYVice Preside-$0--
LLOYD STOVERDirector-$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
2022-10-27
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 48 4,989 non-investment depreciation 1,036 total 6,073

Form 990-ez, Part II, Line 24

3,760 3,760 less accumulated depreciation 134 1,170 total 3,626 2,590

Raw XML Appendix123 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/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/BOYAmt016237
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021032
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03759
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0107563
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt019863
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023622
IRS990EZ/GrossReceiptsAmt0120781
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt019863
IRS990EZ/NetAssetsOrFundBalancesEOYAmt023622
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt019863
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023622
IRS990EZ/OccupancyRentUtltsAndMaintAmt03200
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/PersonNm1JENNIFER ARNTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MELISSA JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAY MURRAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRIAN GUYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SANDY MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MICHAEL JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CURT KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LLOYD STOVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03626
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02590
IRS990EZ/OtherExpensesTotalAmt06073
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/PrintingPublicationsPostageAmt0186
IRS990EZ/ProgramServiceRevenueAmt0120779
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117022
IRS990EZ/TotalRevenueAmt0120781
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 48 4,989 NON-INVESTMENT DEPRECIATION 1,036 TOTAL 6,073
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13,760 3,760 LESS ACCUMULATED DEPRECIATION 134 1,170 TOTAL 3,626 2,590
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER ARNTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07858998196
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-27
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/PreparationDt02022-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS J SEDERSTROM CPA
ReturnHeader/ReturnTs02022-10-28T14:42:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ARNTT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings