Civic Intelligence

Minnesota Quarter Midget Racing Association

EIN 47-5301072 • 501(c)3 • Elko New Market, MN

Profile

Provide a platform to develop youth racers for families with children ages 5 through 16

24840 Evandale TrailElko New Market, MN 55020

www.mqmra.com

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

79th percentile

28%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

18%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$116,519

Up $25,224 (+28%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$116,519

Up $25,224 (+28%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin81st percentile

Revenue

Up

$83,594

Up $12,973 (+18%) from 2023

Expenses

Up

$58,370

Up $25,338 (+77%) from 2023

Net Income

Down

$25,224

Down $12,365 (-33%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

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

$150K$100K$50K$0Assets 2021: $23,300Liabilities 2021: $0Net Assets 2021: $23,3002021Assets 2022: $53,706Net Assets 2022: $53,7062022Assets 2023: $91,295Net Assets 2023: $91,2952023Assets 2024: $116,519Net Assets 2024: $116,5192024

Highlighted filing

2024

Assets$116,519
Liabilities-
Net Assets$116,519
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$100K$50K$0Revenue 2021: $34,624Expenses 2021: $31,096Net Income 2021: $3,5282021Revenue 2022: $62,401Expenses 2022: $31,995Net Income 2022: $30,4062022Revenue 2023: $70,621Expenses 2023: $33,032Net Income 2023: $37,5892023Revenue 2024: $83,594Expenses 2024: $58,370Net Income 2024: $25,2242024

Highlighted filing

2024

Revenue$83,594
Expenses$58,370
Net Income$25,224
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$116,519
Liabilities
-
Net assets
$116,519
Revenue
$83,594
Expenses
$58,370
Net income
$25,224
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.17$1.17$0.84$0.58$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.91$0.71$0.33$0.38
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.54$0.62$0.32$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.35$0.31$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.2
Gross Receipts
$183,832
Mission and Program Overview

Mission

Promoting quarter midget racing in minnesota through maintaining a family and community focused racing program that encourages the development youth drivers.

Provide a platform to develop youth racers for families with children ages 5 through 16

Program Services

DescriptionGrantsExpenses
PROVIDE A YOUTH RACING PLATFORM FOR YOUTH$0$58,370
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RYAN ROSEPresidentPT$0--
ADAM WIEBUSCHVice President-$0--
VINCENT OLDRETreasurer-$0--
JOCELYN JERINSecretary-$0--
ROOKIE COORDINATORDavid Fredrickson-$0--
TIFFANY MAHERMarketing And Pr-$0--
JONATHAN EILENSafety Director-$0--
JACOB GOEDETech Director-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Quarter Midget Racing Association
EIN
47-5301072
Phone
6122821169
Address
24840 EVANDALE TRAIL, ELKO NEW MARKET, MN 55020

Signing Officer

Name
Ryan Rose
Title
President
Phone
6122821169
Signed
2025-05-15

Preparer

Firm
Lindgren & Associates
Address
11515 LAKE LANE STE 102, CHISAGO CITY, MN 55013
Preparer
Cory R Lindgren
Phone
6512572152
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Bank and credit card fees 5249.”

Form 990EZ, Part I, Line 16

“Banquet and meetings expenses 11163.”

Form 990EZ, Part I, Line 16

“General office, track supplies, misc 385.”

Form 990EZ, Part I, Line 16

“SUBSCRIPTIONS 1455.”

Form 990EZ, Part I, Line 16

“SUPPLIES 3893.”

Form 990EZ, Part I, Line 16

“TRACK EQUIPMENT 10569.”

Form 990EZ, Part I, Line 16

“TRACK FUEL 1769.”

Form 990EZ, Part I, Line 16

“TROPHYS AND AWARDS 5691.”

Form 990EZ, Part I, Line 16

“TRAVEL 872.”

Raw XML Appendix198 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/BenefitsPaidToOrForMembersAmt0876
IRS990EZ/BooksInCareOfDetail/PersonNm0RYAN ROSE
IRS990EZ/BooksInCareOfDetail/PhoneNum06122821169
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt024840 EVANDALE TRAIL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ELKO NEW MARKET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055020
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt091295
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0116519
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt032453
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt0100238
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025224
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02349
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt091295
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0116519
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04664
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0183832
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0119
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt09220
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt091295
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0116519
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt091295
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116519
IRS990EZ/OccupancyRentUtltsAndMaintAmt013033
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
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/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RYAN ROSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ADAM WIEBUSCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VINCENT OLDRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOCELYN JERIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROOKIE COORDINATOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TIFFANY MAHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JONATHAN EILEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JACOB GOEDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DAVID FREDRICKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MARKETING AND PR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SAFETY DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TECH DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt041046
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A PLATFORM TO DEVELOP YOUTH RACERS FOR FAMILIES WITH CHILDREN AGES 5 THROUGH 16
IRS990EZ/PrintingPublicationsPostageAmt01066
IRS990EZ/ProgramServiceRevenueAmt037138
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE A YOUTH RACING PLATFORM FOR YOUTH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt058370
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0104902
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058370
IRS990EZ/TotalProgramServiceExpensesAmt058370
IRS990EZ/TotalRevenueAmt083594
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MQMRA.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt032453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034931
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt029906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0116290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt083594
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt084213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt081393
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt046366
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt015294
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0310860
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0427150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0116047
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0119144
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0111299
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt060866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt019794
IRS990ScheduleA/Total509Grp/TotalAmt0427150
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0427150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BANK AND CREDIT CARD FEES 5249.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANQUET AND MEETINGS EXPENSES 11163.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL OFFICE, TRACK SUPPLIES, MISC 385.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUBSCRIPTIONS 1455.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SUPPLIES 3893.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRACK EQUIPMENT 10569.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRACK FUEL 1769.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TROPHYS AND AWARDS 5691.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRAVEL 872.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN ROSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06122821169
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA QUARTER MIDGET RACING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0475301072
ReturnHeader/Filer/PhoneNum06122821169
ReturnHeader/Filer/USAddress/AddressLine1Txt024840 EVANDALE TRAIL
ReturnHeader/Filer/USAddress/CityNm0ELKO NEW MARKET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055020
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263840030
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LINDGREN & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011515 LAKE LANE STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHISAGO CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055013
ReturnHeader/PreparerPersonGrp/PhoneNum06512572152
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cory R Lindgren
ReturnHeader/ReturnTs02025-11-17T21:54:15-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.