Civic Intelligence

Desert Vets Racing Inc

EIN 83-1463107 • 501(c)3 • Ridgecrest, CA

Profile

To provide an opportunity for veterans and active duty personnel to enjoy offroad racing without the expense.

1338 S Farragut StRidgecrest, CA 93555

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

81st percentile

29%

Higher net margin than 81% 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

98th percentile

451%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2021

Revenue Growth

87th percentile

64%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$167

Up $166 (+16600%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

$15,461

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin81st percentile

Revenue

Up

$50,033

Up $38,749 (+343%) from 2018

Expenses

Up

$35,419

Up $27,696 (+359%) from 2018

Net Income

Up

$14,614

Up $11,053 (+310%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$20K$15K$10K$5.0K$0Assets 2018: $1Liabilities 2018: $02018Assets 2021: $167Liabilities 2021: $0Net Assets 2021: $15,4612021

Highlighted filing

2021

Assets$167
Liabilities$0
Net Assets$15,461
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

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

$60K$40K$20K$0Revenue 2018: $11,284Expenses 2018: $7,723Net Income 2018: $3,5612018Revenue 2021: $50,033Expenses 2021: $35,419Net Income 2021: $14,6142021

Highlighted filing

2021

Revenue$50,033
Expenses$35,419
Net Income$14,614
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$167
Liabilities
$0
Net assets
$15,461
Revenue
$50,033
Expenses
$35,419
Net income
$14,614
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.00$15.5$50.0$35.4$14.6
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$11.3$7.72$3.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 4, 2022
Return Version
2021v4.2
Gross Receipts
$50,716
Mission and Program Overview

Mission

To provide an opportunity for veterans and active duty personnel to enjoy offroad racing without the expense.

Program Services

DescriptionGrantsExpenses
DURING 2020 WE WERE ABLE TO PROVIDE RACING AND OTHER OFFROADING EXPERIENCES TO OVER 30 FORMER AND ACTIVE DUTY MILITARY MEMBERS FOR NO CHARGE.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL PASCARELLACo Founder-$0--
ASHLEY PASCARELLACFO-$0--
Filing and Contact Details

Filer

Filer Name
Desert Vets Racing Inc
EIN
83-1463107
Phone
7603826192
Address
1338 S FARRAGUT ST, RIDGECREST, CA 93555

Signing Officer

Name
Mike Pascarella
Title
Co-founder
Phone
7603826192
Signed
2022-05-04
Discuss with paid preparer
Yes

Preparer

Firm
H and R Block
Address
643 N CHINA LAKE BLVD STE B, RIDGECREST, CA 93555
Preparer
Steven Eck
Phone
7603842565
Supplemental Narrative

Additional Explanations

Pg 1 Line 16

“SUPPLIES 13316”

Pg 1 Line 16

“FEES 759”

Pg 1 Line 16

“WEBSITE 2825”

Pg 1 Line 16

“FUEL 2948”

Pg 1 Line 16

“ENTRY 4644”

Pg 1 Line 16

“REPAIRS 2299”

Pg 1 Line 16

“TRAVEL 1194”

Raw XML Appendix131 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL PASCARELLA
IRS990EZ/BooksInCareOfDetail/PhoneNum07603826192
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01338 S FARRAGUT ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Ridgecrest
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093555
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0847
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0167
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt049966
IRS990EZ/CostOfGoodsSoldAmt0683
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014614
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03531
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0847
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0167
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt067
IRS990EZ/GrossReceiptsAmt050716
IRS990EZ/GrossSalesOfInventoryAmt0750
IRS990EZ/GroupExemptionNum02055
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0847
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015461
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0847
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0167
IRS990EZ/OccupancyRentUtltsAndMaintAmt01869
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL PASCARELLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ASHLEY PASCARELLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO FOUNDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt027985
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AN OPPORTUNITY FOR VETERANS AND ACTIVE DUTY PERSONNEL TO ENJOY OFFROAD RACING WITHOUT THE EXPENSE.
IRS990EZ/PrintingPublicationsPostageAmt02034
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DURING 2020 WE WERE ABLE TO PROVIDE RACING AND OTHER OFFROADING EXPERIENCES TO OVER 30 FORMER AND ACTIVE DUTY MILITARY MEMBERS FOR NO CHARGE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035419
IRS990EZ/TotalRevenueAmt050033
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt049966
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017086
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt023421
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt090473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02270
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03020
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt093493
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt050716
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt017086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt023421
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02270
IRS990ScheduleA/Total509Grp/TotalAmt093493
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt050716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt017086
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt023421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02270
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt093493
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPLIES 13316
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FEES 759
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WEBSITE 2825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUEL 2948
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ENTRY 4644
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REPAIRS 2299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRAVEL 1194
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PG 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PG 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PG 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PG 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PG 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PG 1 LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PG 1 LINE 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE PASCARELLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum07603826192
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DESERT VETS RACING INC
ReturnHeader/Filer/BusinessNameControlTxt0DESE
ReturnHeader/Filer/EIN0831463107
ReturnHeader/Filer/PhoneNum07603826192
ReturnHeader/Filer/USAddress/AddressLine1Txt01338 S FARRAGUT ST
ReturnHeader/Filer/USAddress/CityNm0RIDGECREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093555
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770276801
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0H AND R BLOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0643 N CHINA LAKE BLVD STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIDGECREST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093555
ReturnHeader/PreparerPersonGrp/PhoneNum07603842565
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN ECK
ReturnHeader/ReturnTs02022-05-04T22:42:03Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PASCARELLA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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