Civic Intelligence

Raceline Ministry

EIN 82-3437418 • 501(c)3 • Winston Salem, NC

RevokedPub. 78 EligibleNTEE T23

Profile

Religious ministry to racing community

Revocation date: May 15, 2020

1755 Ralee DriveWinston Salem, NC 27127

racelineministry.com

Siviq Scores

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

Liabilities / Assets

80th percentile

0.00x

Higher debt load relative to assets than 80% of similar nonprofits.

NTEE T23 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.00x

Higher debt load relative to revenue than 79% of similar nonprofits.

NTEE T23 • <$500k nonprofits • Source year 2024

Net Margin

62nd percentile

16%

Higher net margin than 62% of similar nonprofits.

NTEE T23 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$48,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.1% of source-year revenue.

NTEE T23 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-20%

Faster asset growth than 21% of similar nonprofits.

NTEE T23 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

67th percentile

32%

Faster revenue growth than 67% of similar nonprofits.

NTEE T23 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$90,284

Down $23,085 (-20%) from 2023

Liabilities

Down

$300

Down $9,108 (-97%) from 2023

Net Assets

$89,984

No earlier filing loaded for comparison.

Revenue

Up

$191,014

Up $45,767 (+32%) from 2023

Expenses

Down

$160,963

Down $8,021 (-4.7%) from 2023

Net Income

Up

$30,051

Up $53,788 (+227%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $4,020Liabilities 2019: $8922019Assets 2020: $52,235Liabilities 2020: $3,8712020Assets 2021: $89,209Liabilities 2021: $7,1812021Assets 2022: $119,176Liabilities 2022: $1Net Assets 2022: $119,1762022Assets 2023: $113,369Liabilities 2023: $9,4082023Assets 2024: $90,284Liabilities 2024: $300Net Assets 2024: $89,9842024

Highlighted filing

2024

Assets$90,284
Liabilities$300
Net Assets$89,984

Operations Trend

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

$200K$100K$0-$100KRevenue 2017: $1Expenses 2017: $0Net Income 2017: $12017Revenue 2018: $1Expenses 2018: $0Net Income 2018: $12018Revenue 2019: $69,584Expenses 2019: $71,386Net Income 2019: -$1,8022019Revenue 2020: $118,590Expenses 2020: $103,354Net Income 2020: $15,2362020Revenue 2021: $186,371Expenses 2021: $138,697Net Income 2021: $47,6742021Revenue 2022: $150,793Expenses 2022: $153,208Net Income 2022: -$2,4152022Revenue 2023: $145,247Expenses 2023: $168,984Net Income 2023: -$23,7372023Revenue 2024: $191,014Expenses 2024: $160,963Net Income 2024: $30,0512024

Highlighted filing

2024

Revenue$191,014
Expenses$160,963
Net Income$30,051

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jan 20, 2026
Return Version
2024v5.2
Gross Receipts
$191,014
Mission and Program Overview

Mission

Religious ministry to racing community

Program Services

DescriptionGrantsExpenses
Provide ministry services to circuit races-$51,957
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK MERICALPresident-$48,000-$48,000
NORTH SELVEYVice President-$0--
BRIAN KRIGBAUMSecretary-$0--
RYAN TRUMANTreasurer-$0--
KURT BEAUCHAMPTrack Liason-$0--
Filing and Contact Details

Filer

Filer Name
Raceline Ministry
EIN
82-3437418
In Care Of
% MARK MERICAL
Phone
3303887993
Address
1755 Ralee Drive, Winston Salem, NC 27127

Signing Officer

Name
Mark Merical
Title
President
Phone
3303887993
Signed
2026-01-20
Discuss with paid preparer
Yes

Preparer

Firm
Rusty Walser Tax Service LLC
Address
385 Longmeadow Drive, Clemmons, NC 27012
Preparer
Rusty Walser
Phone
3367705060
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Benevolence & Charity less than $5,000 Amount 3,079

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 12,259Bank Fees 861Computer Equipment 2,122Professional Development 2,332Uniforms and Cleaning 1,867Membership Dues 612Paypal/Paytrace Fees 2,130Insurance 7,538Interest Paid 3,150Meals 17,684Office Supplies & Exp 1,350Telecommunications 1,557Track Supplies & Fees 302Travel 28,181Website 768Supplies 77Vehicle Exp. 15,702Health Insurance 6,360

Other changes in net assets or fund balances Part I line 20

Description AmountPrior-period adjustment for A/D (53,212)Prior-period Correction 9,184

Description of other assets Part II line 24

Category Beginning of Year End of YearRam Truck 50,000 8,640Keystone Raptor 40,000 27,700Club Car 3,000 326Sound Equipment 1 957 166Computer Equipment 1 4,089 707Sound Equipment 2 1,742 761Computer Equipment 2 4,414 1,930Trailer 0 40,501

Description of total liabilities Part II line 26

Category Beginning of Year End of YearLoans from officers 9,408 300

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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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