Civic Intelligence

Racer X

EIN 81-3685546 • 501(c)3 • Pittsburgh, PA

Profile

To provide Swimming Meets.

920 Center AvenuePittsburgh, PA 15215

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

56th percentile

4.6%

Higher net margin than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

89th percentile

$24,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

96th percentile

247%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

52nd percentile

-0.8%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$11,970

Up $8,519 (+247%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Up

$11,970

Up $8,519 (+247%) from 2018

Operations
Liabilities / Revenue62nd percentileNet Margin56th percentile

Revenue

Down

$184,550

Down $1,478 (-0.8%) from 2018

Expenses

Down

$176,031

Down $9,884 (-5.3%) from 2018

Net Income

Up

$8,519

Up $8,406 (+7439%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$15K$10K$5.0K$0Assets 2017: $3,338Liabilities 2017: $0Net Assets 2017: $3,3382017Assets 2018: $3,451Liabilities 2018: $0Net Assets 2018: $3,4512018Assets 2019: $11,970Liabilities 2019: $0Net Assets 2019: $11,9702019

Highlighted filing

2019

Assets$11,970
Liabilities$0
Net Assets$11,970
Open 2019 Filing

Operations Trend

Revenue Growth52nd percentile

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

$200K$100K$0-$100KRevenue 2017: $118,486Expenses 2017: $153,812Net Income 2017: -$35,3262017Revenue 2018: $186,028Expenses 2018: $185,915Net Income 2018: $1132018Revenue 2019: $184,550Expenses 2019: $176,031Net Income 2019: $8,5192019

Highlighted filing

2019

Revenue$184,550
Expenses$176,031
Net Income$8,519
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,970
Liabilities
$0
Net assets
$11,970
Revenue
$184,550
Expenses
$176,031
Net income
$8,519
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$1.85$1.76$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.86$1.86$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.18$1.54$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 1, 2020
Return Version
2019v5.1
Gross Receipts
$184,550
Mission and Program Overview

Mission

To provide Swimming Meets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,451$11,970▲ $8,519
Total Assets$3,451$11,970▲ $8,519
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,451$11,970▲ $8,519
Total Net Assets Fund Balance$3,451$11,970▲ $8,519
Total Liabilities and Net Assets / Fund Balance$3,451$11,970▲ $8,519
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James SkirbollPresidentFT$24,000$24,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$184,550
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$8,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,521
Salaries, Compensation, and Employee Benefits$47,052
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$82,440$0$0$82,440
Other Salaries and Wages$42,600$0$0$42,600
Travel$37,625$0$0$37,625
Benefits to Members$4,458--$4,458
Payroll Taxes$4,452$0$0$4,452
All Other Expenses$4,106$0$0$4,106
Office Expenses$350$0$0$350
Total Functional Expenses$176,031$0$0$176,031
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Racer X
EIN
81-3685546
Phone
4122878818
Address
920 Center Avenue, Pittsburgh, PA 15215

Signing Officer

Name
Jim Skirboll
Title
President
Phone
4122878818
Signed
2020-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Skirboll
Formed
2016
Legal Domicile
Pa
Voting Board Members
1
Independent Board Members
1
Employees
2
Volunteers
1

Preparer

Firm
Richard A Reynolds CPA
Address
6239 Saltsburg Road, Pittsburgh, PA 15235
Preparer
Richard A Reynolds CPA
Phone
4127954194
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

“Meetings were documented”

Pt VI, Line 11B

“Tax returns were provided to all members”

Raw XML Appendix268 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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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum04122878818
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ReturnHeader/Filer/PhoneNum04122878818
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ReturnHeader/FilingSecurityInformation/IPTm009:24:45
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ReturnHeader/ReturnTs02020-11-03T09:24:56-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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