Tri-C Karters Inc

990EZ • Fiscal year 2020 • EIN 56-2465298

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2021

Organization Profile N/A

1561 Cambridge AvenueRedlands, CA 92374

(909) 797-3140

Siviq Scores

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

No value available

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

Source year 2020

No value available

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

Source year 2020

5.8%

Higher net margin than 56% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Higher top officer pay than 92% of similar nonprofits.

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

6.4%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

3.7%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$33,521

Up $2,022 (+6.4%) from 2019

Net Assets

$33,521

Up $2,022 (+6.4%) from 2019

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin56th percentile

Revenue

$194,323

Up $6,903 (+3.7%) from 2019

Expenses

Down

$183,029

Down $6,073 (-3.2%) from 2019

Net Income

$11,294

Up $12,976 (+771%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

Highlighted filing

2020

Assets$33,521

Liabilities-

Net Assets$33,521

Open 2020 Filing

Operations Trend

Revenue Growth77th percentile

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

Highlighted filing

2020

Revenue$194,323

Expenses$183,029

Net Income$11,294

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Oct 26, 2021
Return Version: 2020v4.0
Gross Receipts: $194,323

Mission and Program Overview

Mission

Tri-c karters has been a mainstay of southern california karting for over 45 years, providing a family-oriented racing environment for novices and veterans alike.

Program Services

Description	Grants	Expenses
TRI-C KARTERS HAS BEEN A MAINSTAY OF SOUTHERN CALIFORNIA KARTING FOR OVER 45 YEARS, PROVIDING A FAMILY-ORIENTED RACING ENVIRONMENT FOR NOVICES AND VETERANS ALIKE.	-	-

Compensation and Service Providers

Top Officer Pay92nd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
NATHAN THIBODEAUX	President	-	$0	-	-
TRISHA AURELIO	Secretary	-	$0	-	-
ERIC NELSON	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Tri-c Karters Inc
EIN: 56-2465298
Address: 1561 CAMBRIDGE AVENUE, REDLANDS, CA 92374

Signing Officer

Name: Nathan Thibodeaux
Title: President
Phone: 9098561392
Signed: 2021-10-26
Discuss with paid preparer: Yes

Preparer

Firm: Prospect Financial Solutions LLC
Address: 31629 OUTER HIGHWAY 10 STE E, REDLANDS, CA 92373
Preparer: John S Hopkins Ea
Phone: 9097973140

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing 2,500 office supplies 377 wka insurance passes 16,385 equipment 2,542 hospitality 5,656 miscellaneous 6,252 misc-race 4,446 track rental 58,785 trophies 6,680 sales tax 433 prizes 5,329 services 4,917 shipping 106 transactions fee 5,673 non-investment depreciation 8,567 total 128,648”

Form 990-ez, Part I, Line 20

“TAX ADJUSTMENT -9,272”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 8,908 0 29,810 37,814 less accumulated depreciation 28,403 36,970 total 10,315 844”

Form 990-ez, Part III

“Tri-c karters has been a mainstay of southern california karting for over 45 years, providing a family-oriented racing environment for novices and veterans alike.”

Raw XML Appendix108 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
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	NATHAN THIBODEAUX
CompensationExplanation/CompensationExplanationGrp/PersonNm	1	TRISHA AURELIO
CompensationExplanation/CompensationExplanationGrp/PersonNm	2	ERIC NELSON
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	TRISHA THIBODEAUX
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9097973140
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	1561 CAMBRIDGE AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	REDLANDS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	92374
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	21184
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	32677
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	11294
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	54375
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	31499
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	33521
IRS990EZ/GrossReceiptsAmt	0	194323
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	15065
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	31499
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	33521
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	31499
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	33521
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	NATHAN THIBODEAUX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	TRISHA AURELIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	ERIC NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	10315
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	844
IRS990EZ/OtherChangesInNetAssetsAmt	0	-9272
IRS990EZ/OtherExpensesTotalAmt	0	128648
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TRI-C KARTERS HAS BEEN A MAINSTAY OF SOUTHERN CALIFORNIA KARTING FOR OVER 45 YEARS, PROVIDING A FAMILY-ORIENTED RACING ENVIRONMENT FOR NOVICES AND VETERANS ALIKE.
IRS990EZ/PrintingPublicationsPostageAmt	0	6
IRS990EZ/ProgramServiceRevenueAmt	0	179258
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TRI-C KARTERS HAS BEEN A MAINSTAY OF SOUTHERN CALIFORNIA KARTING FOR OVER 45 YEARS, PROVIDING A FAMILY-ORIENTED RACING ENVIRONMENT FOR NOVICES AND VETERANS ALIKE.
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	CA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	183029
IRS990EZ/TotalRevenueAmt	0	194323
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES MARKETING 2,500 OFFICE SUPPLIES 377 WKA INSURANCE PASSES 16,385 EQUIPMENT 2,542 HOSPITALITY 5,656 MISCELLANEOUS 6,252 MISC-RACE 4,446 TRACK RENTAL 58,785 TROPHIES 6,680 SALES TAX 433 PRIZES 5,329 SERVICES 4,917 SHIPPING 106 TRANSACTIONS FEE 5,673 NON-INVESTMENT DEPRECIATION 8,567 TOTAL 128,648
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	TAX ADJUSTMENT -9,272
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	PREPAID EXPENSES AND DEFERRED CHARGES 8,908 0 29,810 37,814 LESS ACCUMULATED DEPRECIATION 28,403 36,970 TOTAL 10,315 844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TRI-C KARTERS HAS BEEN A MAINSTAY OF SOUTHERN CALIFORNIA KARTING FOR OVER 45 YEARS, PROVIDING A FAMILY-ORIENTED RACING ENVIRONMENT FOR NOVICES AND VETERANS ALIKE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	NATHAN THIBODEAUX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9098561392
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	TRI-C KARTERS INC
ReturnHeader/Filer/BusinessNameControlTxt	0	TRI-
ReturnHeader/Filer/EIN	0	562465298
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1561 CAMBRIDGE AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	REDLANDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CA
ReturnHeader/Filer/USAddress/ZIPCd	0	92374
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	472267516
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	PROSPECT FINANCIAL SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	31629 OUTER HIGHWAY 10 STE E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	REDLANDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	92373
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9097973140
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JOHN S HOPKINS EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2021-10-29T13:36:04-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	NATHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	THIBODEAUX
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $33,521
Liabilities: -
Net assets: $33,521
Revenue: $194,323
Expenses: $183,029
Net income: $11,294

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.87	$0.00	$0.87	$3.33	$3.58	$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.10	$0.00	$1.10	$3.92	$3.20	$0.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.39	$0.00	$0.39	$2.41	$2.39	$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.38	$0.00	$0.38	$2.38	$2.37	$0.01
2020Detailed filing. Detailed filing data is available for this year.	$0.34		$0.34	$1.94	$1.83	$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.31		$0.31	$1.87	$1.89	$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.33		$0.33	$1.45	$1.44	$0.01
2017Detailed filing. Detailed filing data is available for this year.	$0.32		$0.32	$1.26	$1.00	$0.27
2016Summary only. Only limited summary data is available for this year.	$0.10	$0.00		$1.30	$1.19	$0.11
2015Summary only. Only limited summary data is available for this year.	$0.02	$0.00		$1.04	$1.21	$0.17
2014Summary only. Only limited summary data is available for this year.	$0.19	$0.00		$0.44	$0.26	$0.18
2013Summary only. Only limited summary data is available for this year.	$0.01	$0.00		$0.89	$0.93	$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.06	$0.00	$0.06	$0.73	$0.73	$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.07	$0.00	$0.07	$0.48	$0.58	$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.17	$0.00	$0.17	$1.10	$1.11	$0.01