Civic Intelligence

Laguna Seca Raceway Foundation

990EZ • Fiscal year 2015 • EIN 75-3088903

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

Organization ProfileWWW.MAZDARACEWAY.COM
P O Box 2078Monterey, CA 93942

(831) 242-8211

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

44th percentile

-0.7%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-94%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$338,187

Down $2,493 (-0.7%) from 2014

Net Assets

Down

$337,785

Down $2,493 (-0.7%) from 2014

Liabilities

Flat

$402

Flat from 2014

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin14th percentile

Revenue

Down

$10,781

Down $157,719 (-94%) from 2014

Expenses

Up

$13,274

Up $577 (+4.5%) from 2014

Net Income

Down

-$2,493

Down $158,296 (-102%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$800K$600K$400K$200K$0Assets 2011: $360,622Liabilities 2011: $2,207Net Assets 2011: $358,4152011Assets 2012: $388,487Liabilities 2012: $755Net Assets 2012: $387,7322012Assets 2013: $185,471Liabilities 2013: $996Net Assets 2013: $184,4752013Assets 2014: $340,680Liabilities 2014: $402Net Assets 2014: $340,2782014Assets 2015: $338,187Liabilities 2015: $402Net Assets 2015: $337,7852015Assets 2016: $337,421Liabilities 2016: $343Net Assets 2016: $337,0782016Assets 2022: $433,473Liabilities 2022: $0Net Assets 2022: $433,4732022Assets 2023: $500,278Liabilities 2023: $0Net Assets 2023: $500,2782023Assets 2024: $721,164Liabilities 2024: $0Net Assets 2024: $721,1642024

Highlighted filing

2015

Assets$338,187
Liabilities$402
Net Assets$337,785
Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $48,851Expenses 2011: $10,594Net Income 2011: $38,2572011Revenue 2012: $41,562Expenses 2012: $12,245Net Income 2012: $29,3172012Revenue 2013: $22,692Expenses 2013: $225,949Net Income 2013: -$203,2572013Revenue 2014: $168,500Expenses 2014: $12,697Net Income 2014: $155,8032014Revenue 2015: $10,781Expenses 2015: $13,274Net Income 2015: -$2,4932015Revenue 2016: $4,777Expenses 2016: $5,484Net Income 2016: -$7072016Revenue 2022: $312,710Expenses 2022: $15,666Net Income 2022: $297,0442022Revenue 2023: $87,780Expenses 2023: $33,682Net Income 2023: $54,0982023Revenue 2024: $725,611Expenses 2024: $515,147Net Income 2024: $210,4642024

Highlighted filing

2015

Revenue$10,781
Expenses$13,274
Net Income-$2,493
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.0
Gross Receipts
$10,781
Mission and Program Overview

Mission

The organization raises funds for the construction and improvement of facilities that will be owned by government agencies.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION RAISES FUNDS FOR THE CONSTRUCTION AND IMPROVEMENT OF FACILITIES THAT WILL BE OWNED BY GOVERNMENT AGENCIES.$13,274-
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH SCHLEYPresident-$0--
STEVEN FIELDSSecretary-$0--
CARL ANDERSONVice President-$0--
GREGG CURRYBoard Member-$0--
GREG EVANSBoard Member-$0--
JIM GRABERBoard Member-$0--
KATHY HAYWORTHBoard Member-$0--
WARREN SPIEKERBoard Member-$0--
DANNY SULLIVANBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Laguna Seca Raceway Fund
EIN
75-3088903
Phone
8312428211
Address
P O BOX 2078, MONTEREY, CA 93942

Signing Officer

Name
Kenneth Schley
Title
President
Signed
2016-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Price Paige and Company
Address
677 Scott Avenue, Clovis, CA 93612
Preparer
Fausto Hinojosa CPA CFE
Phone
5592999540
Supplemental Narrative

Additional Explanations

Other Revenue.1

“MISC REVENUE $1606”

Other Expenses.1001

“Advertising and Promotion $9250”

Other Expenses.1009

“Depreciation $664”

Other Expenses.1

“OTHER EXPENSES $1823”

Other Expenses.2

“Credit Card CHARGES $638”

Other Expenses.3

“Credit Card TERMINAL LEASE $575”

Other Expenses.4

“BANK CHARGES $324”

Other Assets.1005

“Accounts Receivable - Beginning $27690 Accounts Receivable - Ending $28290”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $402 Accounts Payable and Accrued Expenses - Ending $402”

Raw XML Appendix176 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/PersonNm0KEN SCHLEY
IRS990EZ/BooksInCareOfDetail/PhoneNum08312428211
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2078
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTEREY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093942
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0309671
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0307242
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08671
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2493
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0340680
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0338187
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt010781
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0504
IRS990EZ/LandAndBuildingsGrp/BOYAmt03319
IRS990EZ/LandAndBuildingsGrp/EOYAmt02655
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0340278
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0337785
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0340278
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0337785
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
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/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENNETH SCHLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVEN FIELDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CARL ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GREGG CURRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GREG EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JIM GRABER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KATHY HAYWORTH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7WARREN SPIEKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DANNY SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt027690
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028290
IRS990EZ/OtherExpensesTotalAmt013274
IRS990EZ/OtherRevenueTotalAmt01606
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION RAISES FUNDS FOR THE CONSTRUCTION AND IMPROVEMENT OF FACILITIES THAT WILL BE OWNED BY GOVERNMENT AGENCIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION RAISES FUNDS FOR THE CONSTRUCTION AND IMPROVEMENT OF FACILITIES THAT WILL BE OWNED BY GOVERNMENT AGENCIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013274
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0402
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0402
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013274
IRS990EZ/TotalProgramServiceExpensesAmt013274
IRS990EZ/TotalRevenueAmt010781
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAZDARACEWAY.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0168500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt041562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt048851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0290362
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99040
IRS990ScheduleA/PublicSupportTotal170Amt0290362
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0168500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022692
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt041562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt048851
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0290362
IRS990ScheduleA/TotalSupportAmt0290362
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC REVENUE $1606
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $9250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $664
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER EXPENSES $1823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Credit Card CHARGES $638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credit Card TERMINAL LEASE $575
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK CHARGES $324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Receivable - Beginning $27690 Accounts Receivable - Ending $28290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $402 Accounts Payable and Accrued Expenses - Ending $402
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1001
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH SCHLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Laguna Seca Raceway Fund
ReturnHeader/Filer/BusinessNameControlTxt0LAGU
ReturnHeader/Filer/EIN0753088903
ReturnHeader/Filer/PhoneNum08312428211
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 2078
ReturnHeader/Filer/USAddress/CityNm0MONTEREY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093942
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Price Paige and Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0677 Scott Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clovis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093612
ReturnHeader/PreparerPersonGrp/PhoneNum05592999540
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Fausto Hinojosa CPA CFE
ReturnHeader/ReturnTs02016-11-11T11:29:19-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$338,187
Liabilities
$402
Net assets
$337,785
Revenue
$10,781
Expenses
$13,274
Net income
-$2,493
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.21$0.00$7.21$7.26$5.15$2.10
2023Detailed filing. Detailed filing data is available for this year.$5.00$0.00$5.00$0.88$0.34$0.54
2022Detailed filing. Detailed filing data is available for this year.$4.33$0.00$4.33$3.13$0.16$2.97
2016Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$0.05$0.05$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.11$0.13$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.40$1.69$0.13$1.56
2013Detailed filing. Detailed filing data is available for this year.$1.85$0.01$1.84$0.23$2.26$2.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.01$3.88$0.42$0.12$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$0.02$3.58$0.49$0.11$0.38