Civic Intelligence

Indiana Street Karting Association

EIN 82-1178582 • 501(c)7 • Elwood, IN

Profile

To organize, promote and conduct street racing of motorized karts for the enjoyment of association members. To establish a fair and equally applied set of rules to further the associations objectives, such that all members shall enjoy the association's ability to further the association/club sport of kart street racing. A minimum of 2 kart racing events a year and at a maximum of 15 kart racing events a year.

1319 N 9th StElwood, IN 46036

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

31st percentile

-4.3%

Higher net margin than 31% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2022

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

47th percentile

-0.4%

Faster asset growth than 47% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

92nd percentile

60%

Faster revenue growth than 92% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Down

$9,716

Down $84 (-0.9%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$9,716

Down $84 (-0.9%) from 2020

Revenue

Up

$77,207

Up $47,182 (+157%) from 2020

Expenses

Up

$80,491

Up $55,230 (+219%) from 2020

Net Income

Down

-$3,284

Down $8,048 (-169%) from 2020

Trend Graphs

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2017: $12,158Liabilities 2017: $0Net Assets 2017: $12,1582017Assets 2018: $12,369Liabilities 2018: $0Net Assets 2018: $12,3692018Assets 2019: $5,036Liabilities 2019: $0Net Assets 2019: $5,0362019Assets 2020: $9,800Net Assets 2020: $9,8002020Assets 2022: $9,716Net Assets 2022: $9,7162022

Highlighted filing

2022

Assets$9,716
Liabilities-
Net Assets$9,716

Operations Trend

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

$100K$50K$0-$50KRevenue 2017: $93,363Expenses 2017: $81,205Net Income 2017: $12,1582017Revenue 2018: $99,667Expenses 2018: $99,456Net Income 2018: $2112018Revenue 2019: $69,419Expenses 2019: $76,752Net Income 2019: -$7,3332019Revenue 2020: $30,025Expenses 2020: $25,261Net Income 2020: $4,7642020Revenue 2022: $77,207Expenses 2022: $80,491Net Income 2022: -$3,2842022

Highlighted filing

2022

Revenue$77,207
Expenses$80,491
Net Income-$3,284

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 1, 2023
Return Version
2022v5.0
Gross Receipts
$77,207
Mission and Program Overview

Mission

To organize, promote and conduct street racing of motorized karts for the enjoyment of association members. To establish a fair and equally applied set of rules to further the associations objectives, such that all members shall enjoy the association's ability to further the association/club sport of kart street racing. A minimum of 2 kart racing events a year and at a maximum of 15 kart racing events a year.

Program Services

DescriptionGrantsExpenses
TO ORGANIZE, PROMOTE AND CONDUCT STREET RACING OF MOTORIZED KARTS FOR THE ENJOYMENT OF ASSOCIATION MEMBERS. TO ESTABLISH A FAIR AND EQUALLY APPLIED SET OF RULES TO FURTHER THE ASSOCIATIONS OBJECTIVES, SUCH THAT ALL MEMBERS SHALL ENJOY THE ASSOCIATION'S ABILITY TO FURTHER THE ASSOCIATION/CLUB SPORT OF KART STREET RACING. A MINIMUM OF 2 KART RACING EVENTS A YEAR AND AT A MAXIMUM OF 15 KART RACING EVENTS A YEAR.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMIE SOWDERSDirector & P-$0--
ANTHONY WEISKEDirector & V-$0--
SARAH HUFFMANDirector & T-$0--
TRISH HODGESDirector & S-$0--
Filing and Contact Details

Filer

Filer Name
Indiana Street Karting Association
EIN
82-1178582
Phone
7656200650
Address
1319 N 9TH ST, ELWOOD, IN 46036

Signing Officer

Name
Sarah Huffman
Title
Director & Treasurer
Phone
5747020440
Signed
2023-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Chambers & Co LLC
Address
210 S 5TH ST, LOGANSPORT, IN 46947
Preparer
Tony Key CPA
Phone
5747225432
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

To organize, promote and conduct street racing of motorized karts for the enjoyment of association members. To establish a fair and equally applied set of rules to further the associations objectives, such that all members shall enjoy the association's ability to further the association/club sport of kart street racing. A minimum of 2 kart racing events a year and at a maximum of 15 kart racing events a year.

Form 990-ez, Part III, Line 28

To organize, promote and conduct street racing of motorized karts for the enjoyment of association members. To establish a fair and equally applied set of rules to further the associations objectives, such that all members shall enjoy the association's ability to further the association/club sport of kart street racing. A minimum of 2 kart racing events a year and at a maximum of 15 kart racing events a year.

Raw XML Appendix99 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum07656200650
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01319 N 9TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ELWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046036
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09716
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IRS990EZ/ContributionsGiftsGrantsEtcAmt05500
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IRS990EZ/ExcessOrDeficitForYearAmt0-3284
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANTHONY WEISKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SARAH HUFFMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TRISH HODGES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR & P
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR & V
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR & T
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR & S
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ORGANIZE, PROMOTE AND CONDUCT STREET RACING OF MOTORIZED KARTS FOR THE ENJOYMENT OF ASSOCIATION MEMBERS. TO ESTABLISH A FAIR AND EQUALLY APPLIED SET OF RULES TO FURTHER THE ASSOCIATIONS OBJECTIVES, SUCH THAT ALL MEMBERS SHALL ENJOY THE ASSOCIATION'S ABILITY TO FURTHER THE ASSOCIATION/CLUB SPORT OF KART STREET RACING. A MINIMUM OF 2 KART RACING EVENTS A YEAR AND AT A MAXIMUM OF 15 KART RACING EVENTS A YEAR.
IRS990EZ/ProgramServiceRevenueAmt071707
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ORGANIZE, PROMOTE AND CONDUCT STREET RACING OF MOTORIZED KARTS FOR THE ENJOYMENT OF ASSOCIATION MEMBERS. TO ESTABLISH A FAIR AND EQUALLY APPLIED SET OF RULES TO FURTHER THE ASSOCIATIONS OBJECTIVES, SUCH THAT ALL MEMBERS SHALL ENJOY THE ASSOCIATION'S ABILITY TO FURTHER THE ASSOCIATION/CLUB SPORT OF KART STREET RACING. A MINIMUM OF 2 KART RACING EVENTS A YEAR AND AT A MAXIMUM OF 15 KART RACING EVENTS A YEAR.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt080491
IRS990EZ/TotalRevenueAmt077207
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ORGANIZE, PROMOTE AND CONDUCT STREET RACING OF MOTORIZED KARTS FOR THE ENJOYMENT OF ASSOCIATION MEMBERS. TO ESTABLISH A FAIR AND EQUALLY APPLIED SET OF RULES TO FURTHER THE ASSOCIATIONS OBJECTIVES, SUCH THAT ALL MEMBERS SHALL ENJOY THE ASSOCIATION'S ABILITY TO FURTHER THE ASSOCIATION/CLUB SPORT OF KART STREET RACING. A MINIMUM OF 2 KART RACING EVENTS A YEAR AND AT A MAXIMUM OF 15 KART RACING EVENTS A YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ORGANIZE, PROMOTE AND CONDUCT STREET RACING OF MOTORIZED KARTS FOR THE ENJOYMENT OF ASSOCIATION MEMBERS. TO ESTABLISH A FAIR AND EQUALLY APPLIED SET OF RULES TO FURTHER THE ASSOCIATIONS OBJECTIVES, SUCH THAT ALL MEMBERS SHALL ENJOY THE ASSOCIATION'S ABILITY TO FURTHER THE ASSOCIATION/CLUB SPORT OF KART STREET RACING. A MINIMUM OF 2 KART RACING EVENTS A YEAR AND AT A MAXIMUM OF 15 KART RACING EVENTS A YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH HUFFMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05747020440
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANA STREET KARTING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0821178582
ReturnHeader/Filer/PhoneNum07656200650
ReturnHeader/Filer/USAddress/AddressLine1Txt01319 N 9TH ST
ReturnHeader/Filer/USAddress/CityNm0ELWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046036
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351908018
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHAMBERS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 S 5TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOGANSPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046947
ReturnHeader/PreparerPersonGrp/PhoneNum05747225432
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TONY KEY CPA
ReturnHeader/ReturnTs02023-05-10T10:10:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SARAH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HUFFMAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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