Laguna Seca Raceway Foundation

990EZ • Fiscal year 2012 • EIN 75-3088903

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 15, 2013

Organization Profile WWW.MAZDARACEWAY.COM

PO Box 207893942

Siviq Scores

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

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

71%

Higher net margin than 96% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

No value available

This filing does not contain officer compensation rows.

Source year 2012

7.7%

Faster asset growth than 61% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

-15%

Faster revenue growth than 28% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet

Liabilities / Assets55th percentile

Assets

$388,487

Up $27,865 (+7.7%) from 2011

Net Assets

$387,732

Up $29,317 (+8.2%) from 2011

Liabilities

Down

$755

Down $1,452 (-66%) from 2011

Revenue And Expenses

Liabilities / Revenue68th percentile Net Margin96th percentile

Revenue

Down

$41,562

Down $7,289 (-15%) from 2011

Expenses

$12,245

Up $1,651 (+16%) from 2011

Net Income

Down

$29,317

Down $8,940 (-23%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

Highlighted filing

2012

Assets$388,487

Liabilities$755

Net Assets$387,732

Open 2012 Filing

Operations Trend

Revenue Growth28th percentile

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

Highlighted filing

2012

Revenue$41,562

Expenses$12,245

Net Income$29,317

Open 2012 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2012 to Dec 31, 2012
Signed: Aug 15, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

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

Filing and Contact Details

Filer

EIN: 75-3088903

Raw XML Appendix156 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	CARL ANDERSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	MARY SMITH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	KATHY HAYWORTH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	Vice President
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IRS990EZ/OtherAssetsTotal/BOY	0	16940
IRS990EZ/OtherAssetsTotal/EOY	0	26090
IRS990EZ/OtherExpensesTotal	0	4177
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	THE ORGANIZATION RAISES FUNDS FOR THE CONSTRUCTION AND IMPROVEMENT OF FACILITIES THAT WILL BE OWNED BY GOVERNMENT AGENCIES.
IRS990EZ/PrintingPublicationsPostage	0	386
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	THE ORGANIZATION RAISES FUNDS FOR THE CONSTRUCTION AND IMPROVEMENT OF FACILITIES THAT WILL BE OWNED BY GOVERNMENT AGENCIES.
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/RelatedOrgSection527Org	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	0
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	2207
IRS990EZ/SumOfTotalLiabilities/EOY	0	755
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	PO BOX 2078
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	MONTEREY
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	CA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	93942
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	JAMES HARRIS
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8312428211
IRS990EZ/TotalAssets/BOY	0	360622
IRS990EZ/TotalAssets/EOY	0	388487
IRS990EZ/TotalExpenses	0	12245
IRS990EZ/TotalRevenue	0	41562
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	WWW.MAZDARACEWAY.COM
IRS990ScheduleA/AmountsSubstContributorsTotal	0	72653
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear	0	41562
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year	0	48851
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years	0	59137
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years	0	13461
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years	0	127787
IRS990ScheduleA/GiftsGrantsContribReceived170/Total	0	290798
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years	0	3203
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years	0	9356
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years	0	13435
IRS990ScheduleA/GrossInvestmentIncome170/Total	0	25994
IRS990ScheduleA/NetUBI/Total	0	0
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years	0	90
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years	0	105
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years	0	361
IRS990ScheduleA/OtherIncome170/Total	0	556
IRS990ScheduleA/PubliclySupportedOrg170b1Avi	0	X
IRS990ScheduleA/PublicSupportPertcentage170	0	0.68740
IRS990ScheduleA/PublicSupportPertcentPriorYear	0	0.54680
IRS990ScheduleA/PublicSupportTotal170	0	218145
IRS990ScheduleA/TaxRevLeviedForOrgBenefit170/Total	0	0
IRS990ScheduleA/ThirtyThreePercntTestsCY170	0	X
IRS990ScheduleA/Total170/CurrentTaxYear	0	41562
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year	0	48851
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years	0	59137
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years	0	13461
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years	0	127787
IRS990ScheduleA/Total170/Total	0	290798
IRS990ScheduleA/TotalSupport	0	317348
IRS990ScheduleA/ValueSrvcFcltsFurnishedByGovt/Total	0	0
IRS990ScheduleO/GeneralExplanation/Explanation	0	Accounts Payable and Accrued Expenses - Beginning $2207 Accounts Payable and Accrued Expenses - Ending $755
IRS990ScheduleO/GeneralExplanation/Explanation	1	Accounts Receivable - Beginning $16940 Accounts Receivable - Ending $26090
IRS990ScheduleO/GeneralExplanation/Explanation	2	Other Expense $30
IRS990ScheduleO/GeneralExplanation/Explanation	3	Replica Exp $678
IRS990ScheduleO/GeneralExplanation/Explanation	4	Paver Exp $1882
IRS990ScheduleO/GeneralExplanation/Explanation	5	Advertising and Promotion $1587
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, Part II, Line 26.1001
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990-EZ, Part II, Line 24.1005
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IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Other Expenses.1001
ReturnHeader/BuildTS	0	2016-02-25 16:41:14Z
ReturnHeader/Filer/EIN	0	753088903
ReturnHeader/Filer/Name/BusinessNameLine1	0	LAGUNA SECA RACEWAY FUND
ReturnHeader/Filer/NameControl	0	LAGU
ReturnHeader/Filer/Phone	0	8312428211
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 2078
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ReturnHeader/Filer/USAddress/ZIPCode	0	93942
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-08-15
ReturnHeader/Officer/Name	0	CARL ANDERSON
ReturnHeader/Officer/Title	0	President
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	FARBER HASS HURLEY LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	15600 DEVONSHIRE ST STE 210
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	GRANADA HILLS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	CA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	913447252
ReturnHeader/Preparer/Name	0	Michael Hurley
ReturnHeader/Preparer/Phone	0	8188951943
ReturnHeader/Preparer/SelfEmployed	0	X
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-01-01
ReturnHeader/TaxPeriodEndDate	0	2012-12-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-08-15T11:15:52-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $388,487
Liabilities: $755
Net assets: $387,732
Revenue: $41,562
Expenses: $12,245
Net income: $29,317

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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