Civic Intelligence

Racers for Kids

EIN 47-4393543 • 501(c)4 • Midlothian, TX

Profile

TO HELP CHILDREN IN NEED

4250 Sir Lancelot CircleMidlothian, TX 76065
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

1st percentile

-40900%

Higher net margin than 1% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

7th percentile

-100%

Faster asset growth than 7% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,227 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $1,227 (-100%) from 2020

Operations
Liabilities / Revenue60th percentileNet Margin1st percentile

Revenue

$3

No earlier filing loaded for comparison.

Expenses

Up

$1,230

Up $1,180 (+2360%) from 2020

Net Income

-$1,227

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$3.0K$2.0K$1.0K$0Assets 2016: $770Liabilities 2016: $0Net Assets 2016: $7702016Assets 2017: $2,184Liabilities 2017: $0Net Assets 2017: $2,1842017Assets 2018: $2,330Liabilities 2018: $0Net Assets 2018: $2,3302018Assets 2019: $2,330Liabilities 2019: $0Net Assets 2019: $2,3302019Assets 2020: $1,227Liabilities 2020: $0Net Assets 2020: $1,2272020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0K$1.0K$0-$1.0K-$2.0KRevenue 2016: $500Expenses 2016: $1,325Net Income 2016: -$8252016Revenue 2017: $1,750Expenses 2017: $336Net Income 2017: $1,4142017Expenses 2018: $8602018Expenses 2020: $502020Revenue 2021: $3Expenses 2021: $1,230Net Income 2021: -$1,2272021

Highlighted filing

2021

Revenue$3
Expenses$1,230
Net Income-$1,227
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$3
Expenses
$1,230
Net income
-$1,227
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0$0$0$3$1,230$1,227
2020Detailed filing. Detailed filing data is available for this year.$1,227$0$1,227$50
2019Detailed filing. Detailed filing data is available for this year.$2,330$0$2,330
2018Detailed filing. Detailed filing data is available for this year.$2,330$0$2,330$860
2017Detailed filing. Detailed filing data is available for this year.$2,184$0$2,184$1,750$336$1,414
2016Detailed filing. Detailed filing data is available for this year.$770$0$770$500$1,325$825
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 7, 2022
Return Version
2021v4.2
Gross Receipts
$3
Mission and Program Overview

Mission

TO HELP CHILDREN IN NEED

Program Services

DescriptionGrantsExpenses
THE FOUNDATION STRIVES TO HELP CHILDREN IN NEED BY CREATING AWARENESS FOR CHILDHOOD DISEASES AND DISABILITIES, RAISE FUNDING FOR MEDICAL RESEARCH, AND PROVIDING HOPE,-$1,230
COMPASSION, AND ENTHUSIASM FOR AFFLICTED CHILDREN AND THEIR FAMILIES THROUGHTHE EXCITING WORLD OF MOTORSPORTS RACING.--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JASON KIZLINSKIDirector-$0--
DONNA K WATSONDirector-$0--
MARGIE KIZLINSKIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Racers for Kids
EIN
47-4393543
Address
4250 SIR LANCELOT CIRCLE, MIDLOTHIAN, TX 76065

Signing Officer

Name
Donna Watson
Title
Director
Phone
2143951883
Signed
2022-09-07
Discuss with paid preparer
Yes

Preparer

Firm
Taxes and
Address
6213 SPRING CYPRESS RD, SPRING, TX 77379
Preparer
Sandra J Harvey
Phone
2812514477
Supplemental Narrative

Additional Explanations

Amended return information

“Amending income to show amounts of income, bank charges, and expenses not available when original return was filed.”

Description of other expenses Part I line 16

“Description amountgifts for children 1,230”

Raw XML Appendix114 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/PersonNm0JASON KIZLINSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum02143951883
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04250 SIR LANCELOT CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDLOTHIAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076065
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01227
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1227
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01227
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt03
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01227
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01227
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JASON KIZLINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DONNA K WATSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARGIE KIZLINSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01230
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO HELP CHILDREN IN NEED
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION STRIVES TO HELP CHILDREN IN NEED BY CREATING AWARENESS FOR CHILDHOOD DISEASES AND DISABILITIES, RAISE FUNDING FOR MEDICAL RESEARCH, AND PROVIDING HOPE,
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COMPASSION, AND ENTHUSIASM FOR AFFLICTED CHILDREN AND THEIR FAMILIES THROUGHTHE EXCITING WORLD OF MOTORSPORTS RACING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01230
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01230
IRS990EZ/TotalProgramServiceExpensesAmt01230
IRS990EZ/TotalRevenueAmt03
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0DISTRIBUTED FINAL GIFTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-12-28
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt01187
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0AMOUNT SPENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMENDING INCOME TO SHOW AMOUNTS OF INCOME, BANK CHARGES, AND EXPENSES NOT AVAILABLE WHEN ORIGINAL RETURN WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTGIFTS FOR CHILDREN 1,230
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONNA WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02143951883
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RACERS FOR KIDS
ReturnHeader/Filer/BusinessNameControlTxt0RACE
ReturnHeader/Filer/EIN0474393543
ReturnHeader/Filer/USAddress/AddressLine1Txt04250 SIR LANCELOT CIRCLE
ReturnHeader/Filer/USAddress/CityNm0MIDLOTHIAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076065
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760029663
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAXES AND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06213 SPRING CYPRESS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077379
ReturnHeader/PreparerPersonGrp/PhoneNum02812514477
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANDRA J HARVEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-09-07T16:00:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DONNA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WATSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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