Civic Intelligence

Legacy Racing

EIN 82-2937125 • 501(c)3 • Bentonville, AR

990-N Coverage

Profile

To provie racing education for local community

1600 SE J St Ste 2Bentonville, AR 72712

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 2021

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

43rd percentile

-0.5%

Higher net margin than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

-3.4%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

92%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$6,780

Down $236 (-3.4%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$6,780

Down $236 (-3.4%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin43rd percentile

Revenue

Up

$51,600

Up $24,684 (+92%) from 2020

Expenses

Up

$51,836

Up $17,371 (+50%) from 2020

Net Income

Up

-$236

Up $7,313 (+97%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

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

$15K$10K$5.0K$0Assets 2017: $6,254Net Assets 2017: $6,2542017Assets 2018: $7,945Liabilities 2018: $0Net Assets 2018: $7,9452018Assets 2019: $14,565Liabilities 2019: $0Net Assets 2019: $14,5652019Assets 2020: $7,016Liabilities 2020: $0Net Assets 2020: $7,0162020Assets 2021: $6,780Liabilities 2021: $0Net Assets 2021: $6,7802021

Highlighted filing

2021

Assets$6,780
Liabilities$0
Net Assets$6,780
Open 2021 Filing

Operations Trend

Revenue Growth90th percentile

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

$100K$50K$0-$50KRevenue 2017: $39,277Expenses 2017: $33,023Net Income 2017: $6,2542017Revenue 2018: $74,268Expenses 2018: $72,577Net Income 2018: $1,6912018Revenue 2019: $69,615Expenses 2019: $62,995Net Income 2019: $6,6202019Revenue 2020: $26,916Expenses 2020: $34,465Net Income 2020: -$7,5492020Revenue 2021: $51,600Expenses 2021: $51,836Net Income 2021: -$2362021

Highlighted filing

2021

Revenue$51,600
Expenses$51,836
Net Income-$236
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,780
Liabilities
$0
Net assets
$6,780
Revenue
$51,600
Expenses
$51,836
Net income
-$236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$6.78$0.00$6.78$51.6$51.8$0.24
2020Detailed filing. Detailed filing data is available for this year.$7.02$0.00$7.02$26.9$34.5$7.55
2019Detailed filing. Detailed filing data is available for this year.$14.6$0.00$14.6$69.6$63.0$6.62
2018Detailed filing. Detailed filing data is available for this year.$7.95$0.00$7.95$74.3$72.6$1.69
2017Detailed filing. Detailed filing data is available for this year.$6.25$6.25$39.3$33.0$6.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 28, 2022
Return Version
2021v4.2
Gross Receipts
$51,600
Mission and Program Overview

Mission

To provide racing education to the local community.

To provie racing education for local community

Program Services

DescriptionGrantsExpenses
TO PROVIDE RACING EDUCATION TO THE LOCAL COMMUNITY$0$51,836
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE RUSHPresident-$0--
ALISON RUSHVice President-$0--
JAMES REEVESSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Legacy Racing
EIN
82-2937125
Phone
4795307523
Address
1600 SE J ST STE 2, BENTONVILLE, AR 72712

Signing Officer

Name
Mike Rush
Title
Officer
Phone
4795307524
Signed
2022-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Nichols Cauley & Associates LLC
Address
PO BOX 2644, DALTON, GA 30722
Preparer
Mark Krueger CPA
Phone
7062782834
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: charitable donation. Amount: 18,000. Description: race administration fee. Amount: 9,000. Description: supplies and shipping. Amount: 19,855. Description: race awards. Amount: 4,099. Description: facilities and equipment. Amount: 362. Description: insurance. Amount: 520. Total to form 990-ez, line 16: 51,836.”

Raw XML Appendix143 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LEGACY RACING
IRS990EZ/BooksInCareOfDetail/PhoneNum04795307523
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01600 SE J ST STE 2
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BENTONVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd072712
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07016
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06780
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-236
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07016
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06780
IRS990EZ/GrossReceiptsAmt051600
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07016
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06780
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07016
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06780
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKE RUSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALISON RUSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES REEVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt051836
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIE RACING EDUCATION FOR LOCAL COMMUNITY
IRS990EZ/ProgramServiceRevenueAmt051600
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE RACING EDUCATION TO THE LOCAL COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051836
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt051836
IRS990EZ/TotalProgramServiceExpensesAmt051836
IRS990EZ/TotalRevenueAmt051600
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt051600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt026916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt069615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt074268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt039277
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0261676
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0261676
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt069615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt074268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt039277
IRS990ScheduleA/Total509Grp/TotalAmt0261676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt051600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt069615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt074268
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt039277
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0261676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CHARITABLE DONATION. AMOUNT: 18,000. DESCRIPTION: RACE ADMINISTRATION FEE. AMOUNT: 9,000. DESCRIPTION: SUPPLIES AND SHIPPING. AMOUNT: 19,855. DESCRIPTION: RACE AWARDS. AMOUNT: 4,099. DESCRIPTION: FACILITIES AND EQUIPMENT. AMOUNT: 362. DESCRIPTION: INSURANCE. AMOUNT: 520. TOTAL TO FORM 990-EZ, LINE 16: 51,836.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE RUSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum04795307524
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEGACY RACING
ReturnHeader/Filer/BusinessNameControlTxt0LEGA
ReturnHeader/Filer/EIN0822937125
ReturnHeader/Filer/PhoneNum04795307523
ReturnHeader/Filer/USAddress/AddressLine1Txt01600 SE J ST STE 2
ReturnHeader/Filer/USAddress/CityNm0BENTONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AR
ReturnHeader/Filer/USAddress/ZIPCd072712
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582475857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NICHOLS CAULEY & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2644
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030722
ReturnHeader/PreparerPersonGrp/PhoneNum07062782834
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK KRUEGER CPA
ReturnHeader/ReturnTs02022-05-16T13:41:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RUSH
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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