Civic Intelligence

Woodbridge Karters Inc

990 • Fiscal year 2016 • EIN 54-1529478

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

462 Earle RoadCharles Town, WV 25414

(304) 728-7705

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.00x

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

6th percentile

-34%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

14th percentile

-18%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-49%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$138,141

Down $30,593 (-18%) from 2015

Net Assets

Down

$138,141

Down $30,593 (-18%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$88,877

Down $85,979 (-49%) from 2015

Expenses

Down

$119,470

Down $58,238 (-33%) from 2015

Net Income

Down

-$30,593

Down $27,741 (-973%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $174,931Liabilities 2010: $0Net Assets 2010: $174,9312010Assets 2011: $162,660Liabilities 2011: $0Net Assets 2011: $162,6602011Assets 2012: $185,386Liabilities 2012: $0Net Assets 2012: $185,3862012Assets 2013: $165,078Liabilities 2013: $0Net Assets 2013: $165,0782013Assets 2014: $171,586Liabilities 2014: $0Net Assets 2014: $171,5862014Assets 2015: $168,734Liabilities 2015: $0Net Assets 2015: $168,7342015Assets 2016: $138,141Liabilities 2016: $0Net Assets 2016: $138,1412016Assets 2017: $143,310Liabilities 2017: $0Net Assets 2017: $143,3102017Assets 2018: $124,497Liabilities 2018: $0Net Assets 2018: $124,4972018Assets 2019: $141,344Liabilities 2019: $0Net Assets 2019: $141,3442019Assets 2020: $133,131Liabilities 2020: $0Net Assets 2020: $133,1312020Assets 2021: $168,888Liabilities 2021: $0Net Assets 2021: $168,8882021Assets 2022: $214,114Liabilities 2022: $0Net Assets 2022: $214,1142022Assets 2023: $210,339Liabilities 2023: $0Net Assets 2023: $210,3392023Assets 2024: $174,199Liabilities 2024: $0Net Assets 2024: $174,1992024

Highlighted filing

2016

Assets$138,141
Liabilities$0
Net Assets$138,141

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $220,398Expenses 2010: $199,823Net Income 2010: $20,5752010Revenue 2011: $175,679Expenses 2011: $187,950Net Income 2011: -$12,2712011Expenses 2012: $181,4192012Revenue 2013: $191,835Expenses 2013: $212,143Net Income 2013: -$20,3082013Revenue 2014: $160,086Expenses 2014: $149,778Net Income 2014: $10,3082014Revenue 2015: $174,856Expenses 2015: $177,708Net Income 2015: -$2,8522015Revenue 2016: $88,877Expenses 2016: $119,470Net Income 2016: -$30,5932016Revenue 2017: $149,756Expenses 2017: $144,587Net Income 2017: $5,1692017Revenue 2018: $155,908Expenses 2018: $174,721Net Income 2018: -$18,8132018Revenue 2019: $79,008Expenses 2019: $62,161Net Income 2019: $16,8472019Revenue 2020: $49,292Expenses 2020: $57,505Net Income 2020: -$8,2132020Revenue 2021: $144,750Expenses 2021: $108,993Net Income 2021: $35,7572021Revenue 2022: $202,611Expenses 2022: $157,385Net Income 2022: $45,2262022Revenue 2023: $195,298Expenses 2023: $199,073Net Income 2023: -$3,7752023Revenue 2024: $166,669Expenses 2024: $202,809Net Income 2024: -$36,1402024

Highlighted filing

2016

Revenue$88,877
Expenses$119,470
Net Income-$30,593
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$166,216
Mission and Program Overview

Mission

Go kart racing for recreational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$88,531$115,823▲ $27,292
Savings and Temporary Cash Investments$77,356$21,000▼ $56,356
Land, Buildings, and Equipment, Net$2,847$1,318▼ $1,529
Total Assets$168,734$138,141▼ $30,593
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$168,734$138,141▼ $30,593
Total Net Assets Fund Balance$168,734$138,141▼ $30,593
Total Liabilities and Net Assets / Fund Balance$168,734$138,141▼ $30,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,318$32,512$33,830
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rodney SmithPresident
Aamir HyderDirector
Bob AndersonDirector
Bob BurkettDirector
Fiona CollinsDirector
Jc SandersDirector
Jeff TroupDirector
Pirooz JavanDirector
Scott SandersSecretary
Clark Gaynor SrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,660
Program Service Revenue
$82,520
Investment Income
$1,697
Other Revenue
$0
Change in Net Assets
$-30,593
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,470
Grants and Similar Amounts Paid$4,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$60,000
Insurance---$7,719
Grants to Domestic Individuals---$4,000
Advertising---$2,612
Travel---$2,540
All Other Expenses---$2,150
Other Expenses---$1,763
Depreciation Depletion---$1,529
Fees for Services Accounting---$985
Office Expenses---$28
Total Functional Expenses$0$0$0$119,470
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

YES

Form 990, Page 6, Part VI, Line 7B

YES

Form 990, Page 6, Part VI, Line 11B

The board of directors review the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

The board of directors review conflicts of interest periodically.

Form 990, Page 6, Part VI, Line 19

Form 990 is made available upon request.

Filing and Contact Details

Filer

Filer Name
Woodbridge Karters Inc
EIN
54-1529478
Phone
3047287705
Address
462 EARLE ROAD, CHARLES TOWN, WV 25414

Signing Officer

Name
Rodney Smith
Title
President
Phone
3047287705
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rodney Smith
Formed
1950
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
235
Employees
0
Volunteers
30

Preparer

Firm
Mumaw & Vickers Pllc
Address
102 WEST LIBERTY ST, CHARLES TOWN, WV 25414
Preparer
Keith L Mumaw CPA
Phone
3047257451
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Event organizers and assistants.

Raw XML Appendix309 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEW CONFLICTS OF INTEREST PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS MADE AVAILABLE UPON REQUEST.
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550727904
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MUMAW & VICKERS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0102 WEST LIBERTY ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLES TOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd025414
ReturnHeader/PreparerPersonGrp/PhoneNum03047257451
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH L MUMAW CPA
ReturnHeader/ReturnTs02017-11-15T20:53:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.00$1.74$1.67$2.03$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.00$2.10$1.95$1.99$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.00$2.14$2.03$1.57$0.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$1.45$1.09$0.36
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.49$0.58$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.00$1.41$0.79$0.62$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$1.56$1.75$0.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$1.50$1.45$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.89$1.19$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.00$1.69$1.75$1.78$0.03
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.00$1.72$1.60$1.50$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$1.92$2.12$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$1.81
2011Summary only. Only limited summary data is available for this year.$1.63$0.00$1.63$1.76$1.88$0.12
2010Summary only. Only limited summary data is available for this year.$1.75$0.00$1.75$2.20$2.00$0.21