Civic Intelligence

Laguna Seca Raceway Foundation

990EZ • Fiscal year 2016 • EIN 75-3088903

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 08, 2017

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

45th percentile

-0.2%

Faster asset growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

8th percentile

-56%

Faster revenue growth than 8% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$337,421

Down $766 (-0.2%) from 2015

Net Assets

Down

$337,078

Down $707 (-0.2%) from 2015

Liabilities

Down

$343

Down $59 (-15%) from 2015

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin19th percentile

Revenue

Down

$4,777

Down $6,004 (-56%) from 2015

Expenses

Down

$5,484

Down $7,790 (-59%) from 2015

Net Income

Up

-$707

Up $1,786 (+72%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth45th 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

2016

Assets$337,421
Liabilities$343
Net Assets$337,078
Open 2016 Filing

Operations Trend

Revenue Growth8th 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

2016

Revenue$4,777
Expenses$5,484
Net Income-$707
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 8, 2017
Return Version
2016v3.0
Gross Receipts
$4,777
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.$4,986-
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
2017-08-08
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 $3206”

Other Expenses.1002

“Office Expenses $423”

Other Expenses.1009

“Depreciation $664”

Other Expenses.1012

“Insurance $797”

Other Expenses.1

“BANK CHARGES $2072”

Other Expenses.2

“Credit Card Fees $172”

Other Expenses.3

“Administration Services $136”

Other Expenses.4

“OTHER EXPENSES $70”

Other Assets.1005

“Accounts Receivable - Beginning $28290 Accounts Receivable - Ending $28590”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $402 Accounts Payable and Accrued Expenses - Ending $343”

Raw XML Appendix179 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/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENNETH SCHLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STEVEN FIELDS
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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/BOYAmt028290
IRS990EZ/OtherAssetsTotalDetail/EOYAmt028590
IRS990EZ/OtherExpensesTotalAmt04334
IRS990EZ/OtherRevenueTotalAmt03206
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.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04986
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0402
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0343
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05484
IRS990EZ/TotalProgramServiceExpensesAmt04986
IRS990EZ/TotalRevenueAmt04777
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAZDARACEWAY.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0168500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0242543
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/TotalSupportAmt0242543
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC REVENUE $3206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $664
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $797
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES $2072
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Credit Card Fees $172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Administration Services $136
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER EXPENSES $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Receivable - Beginning $28290 Accounts Receivable - Ending $28590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $402 Accounts Payable and Accrued Expenses - Ending $343
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH SCHLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-08
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/ReturnTs02017-08-08T09:00:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$337,421
Liabilities
$343
Net assets
$337,078
Revenue
$4,777
Expenses
$5,484
Net income
-$707
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