Civic Intelligence

Racer X

990 • Fiscal year 2018 • EIN 81-3685546

Jan 01, 2018 to Dec 31, 2018 • Filed on May 14, 2019

920 Center AvenuePittsburgh, PA 15215

(412) 287-8818

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

85th percentile

$24,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

54th percentile

3.4%

Faster asset growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

87th percentile

57%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,451

Up $113 (+3.4%) from 2017

Net Assets

Up

$3,451

Up $113 (+3.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$186,028

Up $67,542 (+57%) from 2017

Expenses

Up

$185,915

Up $32,103 (+21%) from 2017

Net Income

Up

$113

Up $35,439 (+100%) from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$3,451
Liabilities$0
Net Assets$3,451

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$186,028
Expenses$185,915
Net Income$113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 14, 2019
Return Version
2018v3.1
Gross Receipts
$186,028
Mission and Program Overview

Mission

To provide Swimming Meets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,338$3,451▲ $113
Total Assets$3,338$3,451▲ $113
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,338$3,451▲ $113
Total Net Assets Fund Balance$3,338$3,451▲ $113
Total Liabilities and Net Assets / Fund Balance$3,338$3,451▲ $113
Compensation and Service Providers

Employees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$186,028
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$134,390
Salaries, Compensation, and Employee Benefits$47,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$82,333$0$0$82,333
Other Salaries and Wages$42,615$0$0$42,615
Travel$38,628$0$0$38,628
All Other Expenses$13,074$0$0$13,074
Benefits to Members$4,458--$4,458
Payroll Taxes$4,452$0$0$4,452
Office Expenses$355$0$0$355
Total Functional Expenses$185,915$0$0$185,915
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 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
2019-05-14
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
4
Volunteers
1

Preparer

Firm
Richard A Reynolds CPA
Address
6239 Saltsburg Road, Pittsburgh, PA 15235
Preparer
Richard A Reynolds
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 Appendix270 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
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IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
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IRS990/ActivityOrMissionDesc0To provide Swimming Meets.
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013074
IRS990/AllOtherExpensesGrp/TotalAmt013074
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/ProgramServicesAmt04458
IRS990/BenefitsToMembersGrp/TotalAmt04458
IRS990/BooksInCareOfDetail/PersonNm0Jim Skirboll
IRS990/BooksInCareOfDetail/PhoneNum04122878818
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0920 Center Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Pittsburgh
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
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IRS990/CYBenefitsPaidToMembersAmt04458
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0134390
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0186028
IRS990/CYRevenuesLessExpensesAmt0113
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IRS990/CYTotalExpensesAmt0185915
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IRS990/Desc0Swimming Meets
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IRS990/EmployeeCnt04
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IRS990/ExpenseAmt0185915
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt024000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0186028
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide Swimming Meets.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03338
IRS990/NetAssetsOrFundBalancesEOYAmt03451
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt082333
IRS990/OccupancyGrp/TotalAmt082333
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0355
IRS990/OfficeExpensesGrp/TotalAmt0355
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt042615
IRS990/OtherSalariesAndWagesGrp/TotalAmt042615
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04452
IRS990/PayrollTaxesGrp/TotalAmt04452
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Jeff Skirboll
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0116085
IRS990/PYProgramServiceRevenueAmt0118486
IRS990/PYRevenuesLessExpensesAmt0-35326
IRS990/PYSalariesCompEmpBnftPaidAmt037727
IRS990/PYTotalExpensesAmt0153812
IRS990/PYTotalRevenueAmt0118486
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0113
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0186028
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0186028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0118486
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0304514
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0304514
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0186028
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0118486
IRS990ScheduleA/Total509Grp/TotalAmt0304514
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0304514
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Meetings were documented
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Tax returns were provided to all members
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03338
IRS990/TotalAssetsEOYAmt03451
IRS990/TotalAssetsGrp/BOYAmt03338
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0185915
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03338
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03451
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0186028
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0185915
IRS990/TotalProgramServiceRevenueAmt0186028
IRS990/TotalReportableCompFromOrgAmt024000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0186028
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0186028
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03338
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
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IRS990/TravelGrp/ProgramServicesAmt038628
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
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IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jim Skirboll
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04122878818
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Racer X
ReturnHeader/Filer/BusinessNameControlTxt0RACE
ReturnHeader/Filer/EIN0813685546
ReturnHeader/Filer/PhoneNum04122878818
ReturnHeader/Filer/USAddress/AddressLine1Txt0920 Center Avenue
ReturnHeader/Filer/USAddress/CityNm0Pittsburgh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015215
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09C1D0BD4D4F1B946437F82D85E6EAAE404AE4B2C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09C1D0BD4D4F1B946437F82D85E6EAAE404AE4B2C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.172.51.48
ReturnHeader/FilingSecurityInformation/IPDt02019-07-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm006:15:55
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Richard A Reynolds CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06239 Saltsburg Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pittsburgh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015235
ReturnHeader/PreparerPersonGrp/PhoneNum04127954194
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard A Reynolds
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-07-13T06:16:03-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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