Civic Intelligence

Evernham Family - Racing for a Reason

EIN 56-2053289 • Mooresville, NC

105 Bevan DriveMooresville, NC 28115
Siviq Scores

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

Liabilities / Assets

86th percentile

0.00x

Higher debt load relative to assets than 86% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.00x

Higher debt load relative to revenue than 85% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-25%

Higher net margin than 30% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$5,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

NTEE T20Z • $1M-$5M nonprofits • Source year 2024

Asset Growth

18th percentile

-5.8%

Faster asset growth than 18% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

-4.0%

Faster revenue growth than 35% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$2,006,809

Down $122,772 (-5.8%) from 2023

Liabilities

Down

$519

Down $10,275 (-95%) from 2023

Net Assets

Down

$2,006,290

Down $112,497 (-5.3%) from 2023

Operations
Liabilities / Revenue85th percentileNet Margin30th percentile

Revenue

Down

$460,629

Down $19,143 (-4.0%) from 2023

Expenses

Down

$573,944

Down $309,012 (-35%) from 2023

Net Income

Up

-$113,315

Up $289,869 (+72%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,833Liabilities 2011: $02011Assets 2012: $4,990Liabilities 2012: $02012Assets 2013: $21,573Liabilities 2013: $02013Assets 2014: $34,892Liabilities 2014: $02014Assets 2015: $100,974Liabilities 2015: $0Net Assets 2015: $100,9742015Assets 2017: $427,151Liabilities 2017: $0Net Assets 2017: $427,1512017Assets 2018: $2,683,370Liabilities 2018: $0Net Assets 2018: $2,683,3702018Assets 2019: $2,847,667Liabilities 2019: $0Net Assets 2019: $2,847,6672019Assets 2020: $2,597,809Liabilities 2020: $0Net Assets 2020: $2,597,8092020Assets 2021: $2,689,120Liabilities 2021: $0Net Assets 2021: $2,689,1202021Assets 2022: $2,535,167Liabilities 2022: $9,518Net Assets 2022: $2,525,6492022Assets 2023: $2,129,581Liabilities 2023: $10,794Net Assets 2023: $2,118,7872023Assets 2024: $2,006,809Liabilities 2024: $519Net Assets 2024: $2,006,2902024

Highlighted filing

2024

Assets$2,006,809
Liabilities$519
Net Assets$2,006,290
Open 2024 Filing

Operations Trend

Revenue Growth35th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $25,380Expenses 2011: $28,604Net Income 2011: -$3,2242011Revenue 2012: $83,000Expenses 2012: $79,843Net Income 2012: $3,1572012Revenue 2013: $398,213Expenses 2013: $381,630Net Income 2013: $16,5832013Revenue 2014: $371,308Expenses 2014: $357,989Net Income 2014: $13,3192014Revenue 2015: $393,904Expenses 2015: $327,822Net Income 2015: $66,0822015Revenue 2017: $371,887Expenses 2017: $295,085Net Income 2017: $76,8022017Revenue 2018: $2,825,429Expenses 2018: $568,107Net Income 2018: $2,257,3222018Revenue 2019: $531,115Expenses 2019: $367,071Net Income 2019: $164,0442019Revenue 2020: $265,559Expenses 2020: $479,667Net Income 2020: -$214,1082020Revenue 2021: $413,012Expenses 2021: $324,131Net Income 2021: $88,8812021Revenue 2022: $512,991Expenses 2022: $657,161Net Income 2022: -$144,1702022Revenue 2023: $479,772Expenses 2023: $882,956Net Income 2023: -$403,1842023Revenue 2024: $460,629Expenses 2024: $573,944Net Income 2024: -$113,3152024

Highlighted filing

2024

Revenue$460,629
Expenses$573,944
Net Income-$113,315
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$2,006,809
Liabilities
$519
Net assets
$2,006,290
Revenue
$460,629
Expenses
$573,944
Net income
-$113,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.01$0.00$2.01$0.46$0.57$0.11
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.01$2.12$0.48$0.88$0.40
2022Detailed filing. Detailed filing data is available for this year.$2.54$0.01$2.53$0.51$0.66$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.41$0.32$0.09
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.27$0.48$0.21
2019Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.53$0.37$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$2.83$0.57$2.26
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.37$0.30$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.39$0.33$0.07
2014Summary only. Only limited summary data is available for this year.$0.03$0.00$0.37$0.36$0.01
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.40$0.38$0.02
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.08$0.08$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.03$0.03$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Emory Det CullumDirector-$5,000-$5,000
Raymond D Evernham JrPresident-$0--
Erin C EvernhamDirector-$0--
William Evernham SrDirector-$0--
Raymond J EvernhamDirector-$0--
Richard D RussellDirector-$0--
Robert P MackDirector-$0--
Filing and Contact Details

Filer

Filer Name
Evernham Family - Racing For A Reason
EIN
56-2053289
Phone
7043601500
Address
105 Bevan Drive, Mooresville, NC 28115

Signing Officer

Name
Emory Det Cullum
Title
Director
Signed
2025-05-19
Discuss with paid preparer
Yes

Preparer

Firm
Miller Mcneish & Breedlove Pllc
Address
309 S LAUREL AVE, CHARLOTTE, NC 28207
Preparer
Alison M Mills
Phone
7043768415
Raw XML AppendixShowing 400 of 806 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Raymond D Evernham Jr
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Erin C Evernham
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2William Evernham Sr
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3Raymond J Evernham
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm4Emory Det Cullum
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm5Richard D Russell
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm6Robert P Mack
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