Civic Intelligence

Sherman County Speedway

990EZ • Fiscal year 2023 • EIN 47-3667654

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

41st percentile

-0.4%

Higher net margin than 41% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-1.3%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-35%

Faster revenue growth than 7% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$20,944

Down $271 (-1.3%) from 2022

Net Assets

Down

$20,944

Down $271 (-1.3%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin41st percentile

Revenue

Down

$67,852

Down $36,832 (-35%) from 2022

Expenses

Down

$68,123

Down $38,969 (-36%) from 2022

Net Income

Up

-$271

Up $2,137 (+89%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2023

Assets$20,944
Liabilities-
Net Assets$20,944
Open 2023 Filing

Operations Trend

Revenue Growth7th 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

2023

Revenue$67,852
Expenses$68,123
Net Income-$271
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.0
Gross Receipts
$67,852
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.--
TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOE VALENTIPresident-$0--
JENNIFER ARNTTTreasurer-$0--
TAMMY COLBYSecretary-$0--
DENNIS MCINTYREDirector-$0--
ALEX WESTVice Preside-$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
2024-11-04
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 60 conferences/meetings 500 4,595 non-investment depreciation 529 total 5,684”

Form 990-ez, Part II, Line 24

“3,760 3,760 less accumulated depreciation 1,910 2,439 total 1,850 1,321”

Form 990-ez, Part III, Line 31

“To provide a safe venue for stock car racing.”

Raw XML Appendix110 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/BOYAmt019365
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019623
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-271
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt059748
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021215
IRS990EZ/Form990TotalAssetsGrp/EOYAmt020944
IRS990EZ/GrossReceiptsAmt067852
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt033
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021215
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020944
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021215
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt020944
IRS990EZ/OccupancyRentUtltsAndMaintAmt02550
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOE VALENTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER ARNTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TAMMY COLBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DENNIS MCINTYRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ALEX WEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01850
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01321
IRS990EZ/OtherExpensesTotalAmt05684
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/PrintingPublicationsPostageAmt0141
IRS990EZ/ProgramServiceRevenueAmt067819
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt068123
IRS990EZ/TotalRevenueAmt067852
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 60 CONFERENCES/MEETINGS 500 4,595 NON-INVESTMENT DEPRECIATION 529 TOTAL 5,684
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13,760 3,760 LESS ACCUMULATED DEPRECIATION 1,910 2,439 TOTAL 1,850 1,321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE A SAFE VENUE FOR STOCK CAR RACING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER ARNTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07858998196
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-04
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/IRSResponsiblePrtyInfoCurrInd0true
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/ZIPCd067735
ReturnHeader/PreparerPersonGrp/PhoneNum07858906594
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOUGLAS J SEDERSTROM CPA
ReturnHeader/ReturnTs02024-11-04T17:38:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,944
Liabilities
-
Net assets
$20,944
Revenue
$67,852
Expenses
$68,123
Net income
-$271
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