Civic Intelligence

Falci Adaptive Motorsports

EIN 82-4536348 • 501(c)3 • Morrison, CO

Profile

Development of adapted technologies for disabled patients, including those with spinal cord injuries, using stock cars as developmental platforms for the technologies.

6511 Crestbrook DriveMorrison, CO 80465

www.falcimotorsports.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.14x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

0.98x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

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

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 2020

Asset Growth

73rd percentile

17%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$30,316

Up $4,342 (+17%) from 2019

Liabilities

Up

$4,270

Up $109 (+2.6%) from 2019

Net Assets

Up

$26,046

Up $4,233 (+19%) from 2019

Operations
Liabilities / Revenue95th percentileNet Margin98th percentile

Revenue

Up

$4,365

Up $526 (+14%) from 2019

Expenses

Down

$130

Down $54,039 (-100%) from 2019

Net Income

Up

$4,235

Up $54,565 (+108%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$80K$60K$40K$20K$0Assets 2018: $76,226Liabilities 2018: $4,083Net Assets 2018: $72,1432018Assets 2019: $25,974Liabilities 2019: $4,161Net Assets 2019: $21,8132019Assets 2020: $30,316Liabilities 2020: $4,270Net Assets 2020: $26,0462020

Highlighted filing

2020

Assets$30,316
Liabilities$4,270
Net Assets$26,046
Open 2020 Filing

Operations Trend

Revenue Growth67th percentile

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

$200K$100K$0-$100KRevenue 2018: $170,475Expenses 2018: $98,332Net Income 2018: $72,1432018Revenue 2019: $3,839Expenses 2019: $54,169Net Income 2019: -$50,3302019Revenue 2020: $4,365Expenses 2020: $130Net Income 2020: $4,2352020

Highlighted filing

2020

Revenue$4,365
Expenses$130
Net Income$4,235
Open 2020 Filing

Filings

Most recent year

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

Open filing
Assets
$30,316
Liabilities
$4,270
Net assets
$26,046
Revenue
$4,365
Expenses
$130
Net income
$4,235
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.30$0.04$0.26$0.04$0.00$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.04$0.22$0.04$0.54$0.50
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.04$0.72$1.70$0.98$0.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$4,365
Mission and Program Overview

Mission

Development of adapted technologies for disabled patients, including those with spinal cord injuries, using stock cars as developmental platforms for the technologies.

Program Services

DescriptionGrantsExpenses
WORK ON DEVELOPING A STOCK CAR THAT CAN BE DRIVEN BY SPINAL CORD INJURED INDIVIDUALS.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT FALCIDirector/PrePT$0--
KELLY FALCIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Falci Adaptive Motorsports
EIN
82-4536348
Phone
3037615281
Address
6511 CRESTBROOK DRIVE, MORRISON, CO 80465

Signing Officer

Name
Scott Falci
Title
Director/president
Phone
3037615281
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Winterscheidt and Widegren LLC
Address
8055 E TUFTS AVE STE 550, DENVER, CO 80237
Preparer
Kathryn L Hanson
Phone
3032213157
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses interest 108 administrative expenses 22 total 130”

Form 990-ez, Part II, Line 26

“Loans from officers 4,163 4,270”

Form 990-ez, Part III

“Development of adapted technologies for disabled patients, including those with spinal cord injuries, using stock cars as developmental platforms for the technologies.”

Raw XML Appendix129 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0SCOTT FALCI
CompensationExplanation/CompensationExplanationGrp/PersonNm1KELLY FALCI
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0SCOTT FALCI
IRS990EZ/BooksInCareOfDetail/PhoneNum03037615281
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06511 CRESTBROOK DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MORRISON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080465
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025974
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030316
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04365
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04235
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025974
IRS990EZ/Form990TotalAssetsGrp/EOYAmt030316
IRS990EZ/GrossReceiptsAmt04365
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LoansToFromOfficersAmt04270
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021811
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026046
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021811
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026046
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SCOTT FALCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KELLY FALCI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR/PRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0130
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0DEVELOPMENT OF ADAPTED TECHNOLOGIES FOR DISABLED PATIENTS, INCLUDING THOSE WITH SPINAL CORD INJURIES, USING STOCK CARS AS DEVELOPMENTAL PLATFORMS FOR THE TECHNOLOGIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WORK ON DEVELOPING A STOCK CAR THAT CAN BE DRIVEN BY SPINAL CORD INJURED INDIVIDUALS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04163
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04270
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0130
IRS990EZ/TotalRevenueAmt04365
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FALCIMOTORSPORTS.ORG
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04365
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03839
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0170475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0178679
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0178679
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04365
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03839
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0170475
IRS990ScheduleA/Total509Grp/TotalAmt0178679
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04365
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03839
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0170475
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0178679
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt04270
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING FUNDS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt03962
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SCOTT FALCI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT & DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt04270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INTEREST 108 ADMINISTRATIVE EXPENSES 22 TOTAL 130
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOANS FROM OFFICERS 4,163 4,270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEVELOPMENT OF ADAPTED TECHNOLOGIES FOR DISABLED PATIENTS, INCLUDING THOSE WITH SPINAL CORD INJURIES, USING STOCK CARS AS DEVELOPMENTAL PLATFORMS FOR THE TECHNOLOGIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT FALCI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03037615281
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FALCI ADAPTIVE MOTORSPORTS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FALC
ReturnHeader/Filer/EIN0824536348
ReturnHeader/Filer/PhoneNum03037615281
ReturnHeader/Filer/USAddress/AddressLine1Txt06511 CRESTBROOK DRIVE
ReturnHeader/Filer/USAddress/CityNm0MORRISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080465
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823172350
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WINTERSCHEIDT AND WIDEGREN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08055 E TUFTS AVE STE 550
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080237
ReturnHeader/PreparerPersonGrp/PhoneNum03032213157
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHRYN L HANSON
ReturnHeader/ReturnTs02021-11-15T10:40:12-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FALCI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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