Civic Intelligence

Legacy Racing

990EZ • Fiscal year 2020 • EIN 82-2937125

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

Organization ProfileN/A
1600 SE J St Ste 2Bentonville, AR 72712

(479) 530-7523

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

18th percentile

-28%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

8th percentile

-52%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-61%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$7,016

Down $7,549 (-52%) from 2019

Net Assets

Down

$7,016

Down $7,549 (-52%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin18th percentile

Revenue

Down

$26,916

Down $42,699 (-61%) from 2019

Expenses

Down

$34,465

Down $28,530 (-45%) from 2019

Net Income

Down

-$7,549

Down $14,169 (-214%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$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

2020

Assets$7,016
Liabilities$0
Net Assets$7,016
Open 2020 Filing

Operations Trend

Revenue Growth16th percentile

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

2020

Revenue$26,916
Expenses$34,465
Net Income-$7,549
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.1
Gross Receipts
$26,916
Mission and Program Overview

Mission

To provie racing education for local community

Program Services

DescriptionGrantsExpenses
TO PROVIDE RACING EDUCATION TO THE LOCAL COMMUNITY$0$34,465
Compensation and Service Providers
Top Officer Pay76th 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
2021-05-11
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: 14,500. Description: race administration fee. Amount: 16,041. Description: supplies and shipping. Amount: 3,924. Total to form 990-ez, line 16: 34,465.”

Raw XML Appendix138 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/BOYAmt014565
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07016
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7549
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014565
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07016
IRS990EZ/GrossReceiptsAmt026916
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014565
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07016
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014565
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07016
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/OtherExpensesTotalAmt034465
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIE RACING EDUCATION FOR LOCAL COMMUNITY
IRS990EZ/ProgramServiceRevenueAmt026916
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE RACING EDUCATION TO THE LOCAL COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034465
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/TotalExpensesAmt034465
IRS990EZ/TotalProgramServiceExpensesAmt034465
IRS990EZ/TotalRevenueAmt026916
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt026916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt069615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt074268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt039277
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0210076
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0210076
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt074268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt039277
IRS990ScheduleA/Total509Grp/TotalAmt0210076
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt026916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt069615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt074268
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt039277
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0210076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CHARITABLE DONATION. AMOUNT: 14,500. DESCRIPTION: RACE ADMINISTRATION FEE. AMOUNT: 16,041. DESCRIPTION: SUPPLIES AND SHIPPING. AMOUNT: 3,924. TOTAL TO FORM 990-EZ, LINE 16: 34,465.
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/SignatureDt02021-05-11
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/PreparationDt02021-07-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK KRUEGER CPA
ReturnHeader/ReturnTs02021-08-02T17:26:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RUSH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,016
Liabilities
$0
Net assets
$7,016
Revenue
$26,916
Expenses
$34,465
Net income
-$7,549
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