Civic Intelligence

Young Tracks Inc.

990 • Fiscal year 2021 • EIN 84-1149964

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

1647 Mid Valley DriveSteamboat Springs, CO 80487

(970) 879-5790

Siviq Scores

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

Liabilities / Assets

89th percentile

0.70x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.72x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

28th percentile

1.1%

Higher net margin than 28% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$81,716

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

17th percentile

-3.1%

Faster asset growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

22%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,553,615

Down $50,298 (-3.1%) from 2020

Net Assets

Up

$467,716

Up $16,592 (+3.7%) from 2020

Liabilities

Down

$1,085,899

Down $66,890 (-5.8%) from 2020

Revenue

Up

$1,500,310

Up $270,259 (+22%) from 2020

Expenses

Up

$1,483,718

Up $424,544 (+40%) from 2020

Net Income

Down

$16,592

Down $154,285 (-90%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,383,963Liabilities 2011: $1,165,559Net Assets 2011: $218,4042011Assets 2012: $1,370,759Liabilities 2012: $1,163,836Net Assets 2012: $206,9232012Assets 2013: $1,299,992Liabilities 2013: $1,150,787Net Assets 2013: $149,2052013Assets 2014: $1,300,204Liabilities 2014: $1,116,044Net Assets 2014: $184,1602014Assets 2015: $1,350,956Liabilities 2015: $1,067,695Net Assets 2015: $283,2612015Assets 2016: $1,337,954Liabilities 2016: $1,041,358Net Assets 2016: $296,5962016Assets 2017: $1,243,844Liabilities 2017: $1,025,289Net Assets 2017: $218,5552017Assets 2018: $1,266,613Liabilities 2018: $1,012,145Net Assets 2018: $254,4682018Assets 2019: $1,318,764Liabilities 2019: $1,038,517Net Assets 2019: $280,2472019Assets 2020: $1,603,913Liabilities 2020: $1,152,789Net Assets 2020: $451,1242020Assets 2021: $1,553,615Liabilities 2021: $1,085,899Net Assets 2021: $467,7162021Assets 2022: $1,251,648Liabilities 2022: $1,028,831Net Assets 2022: $222,8172022Assets 2023: $1,075,738Liabilities 2023: $1,027,740Net Assets 2023: $47,9982023Assets 2024: $1,226,231Liabilities 2024: $877,980Net Assets 2024: $348,2512024

Highlighted filing

2021

Assets$1,553,615
Liabilities$1,085,899
Net Assets$467,716

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $956,656Expenses 2011: $993,165Net Income 2011: -$36,5092011Expenses 2012: $991,7562012Revenue 2013: $1,022,540Expenses 2013: $1,080,258Net Income 2013: -$57,7182013Revenue 2014: $1,012,982Expenses 2014: $978,027Net Income 2014: $34,9552014Revenue 2015: $1,165,188Expenses 2015: $1,066,087Net Income 2015: $99,1012015Revenue 2016: $1,208,884Expenses 2016: $1,195,549Net Income 2016: $13,3352016Revenue 2017: $1,139,665Expenses 2017: $1,217,706Net Income 2017: -$78,0412017Revenue 2018: $1,205,041Expenses 2018: $1,169,128Net Income 2018: $35,9132018Revenue 2019: $1,230,523Expenses 2019: $1,204,744Net Income 2019: $25,7792019Revenue 2020: $1,230,051Expenses 2020: $1,059,174Net Income 2020: $170,8772020Revenue 2021: $1,500,310Expenses 2021: $1,483,718Net Income 2021: $16,5922021Revenue 2022: $1,307,747Expenses 2022: $1,552,646Net Income 2022: -$244,8992022Revenue 2023: $1,537,610Expenses 2023: $1,712,429Net Income 2023: -$174,8192023Revenue 2024: $2,189,848Expenses 2024: $1,889,595Net Income 2024: $300,2532024

Highlighted filing

2021

Revenue$1,500,310
Expenses$1,483,718
Net Income$16,592
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.1
Gross Receipts
$1,500,310
Mission and Program Overview

Mission

Provide daycare and preschool programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,149,431$1,111,238▼ $38,193
Cash and Non-Interest-Bearing Accounts$431,518$417,380▼ $14,138
Accounts Receivable$21,689$24,010▲ $2,321
Prepaid Expenses and Deferred Charges$1,275$987▼ $288
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,603,913$1,553,615▼ $50,298
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,003,020$967,307▼ $35,713
Deferred Revenue$129,958$90,940▼ $39,018
Accounts Payable and Accrued Expenses$19,811$27,652▲ $7,841
Total Liabilities$1,152,789$1,085,899▼ $66,890
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$436,124$462,640▲ $26,516
Net Assets With Donor Restrictions$15,000$5,076▼ $9,924
Total Net Assets Fund Balance$451,124$467,716▲ $16,592
Total Liabilities and Net Assets / Fund Balance$1,603,913$1,553,615▼ $50,298

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$732,131$471,925-
Other Land Buildings$37,371$149,812-
Land$300,615--
Leasehold Improvements$41,121$82,873-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim MartinExecutive DirectorFT$81,716$81,716

Board Members and Trustees

NameTitle
Kristin GoforthPresident
Will MeltonVice President
Jeff OamekDirector
Kate CarltonDirector
Samantha KopickoDirector
Angela SherwoodSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$313,239
Program Service Revenue
$1,182,694
Investment Income
$70
Other Revenue
$4,307
All Other Contributions
$103,079
Change in Net Assets
$16,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,039,770
Other Expenses$355,303
Total Fundraising Expense$96,495
Grants and Similar Amounts Paid$88,645
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$824,454$77,968$55,632$958,054
Grants to Domestic Individuals$88,645--$88,645
Current Officers, Directors, Trustees, and Key Employees$27,244$27,236$27,236$81,716
Interest$40,657$3,117$2,745$46,519
Depreciation Depletion$35,756$2,741$2,414$40,911
Other Expenses$26,792$2,607$2,296$26,792
Fees for Services Accounting-$26,190-$26,190
All Other Expenses$25,543$200$105$25,848
Insurance$14,367$1,101$970$16,438
Occupancy$9,921$761$670$11,352
Office Expenses$7,315$561$494$8,370
Total Functional Expenses$1,240,274$146,949$96,495$1,483,718
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Board of Directors reviews and approves prior to filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director salary is based on performance. The annual evaluation is done by the Board of Directors.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request.

Filing and Contact Details

Filer

Filer Name
Young Tracks Inc
EIN
84-1149964
Phone
9708795790
Address
1647 Mid Valley Drive, Steamboat Springs, CO 80487

Signing Officer

Name
Kim Martin
Title
Executive Director
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
31
Volunteers
22

Preparer

Firm
Singletrack Accounting
Address
1815 Central Park Dr STE 110 152, Steamboat Springs, CO 80487
Preparer
Joe Soave CPA
Phone
8774104343
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt055632
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077968
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0824454
IRS990/OtherSalariesAndWagesGrp/TotalAmt0958054
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01275
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0987
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Food Reimbursement
IRS990/ProgramServiceRevenueGrp/Desc1Preschool Program Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034901
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11147793
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034901
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11147793
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0455728
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt055938
IRS990/PYInvestmentIncomeAmt0157
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0285797
IRS990/PYOtherRevenueAmt01517
IRS990/PYProgramServiceRevenueAmt0772649
IRS990/PYRevenuesLessExpensesAmt0170877
IRS990/PYSalariesCompEmpBnftPaidAmt0717439
IRS990/PYTotalExpensesAmt01059174
IRS990/PYTotalRevenueAmt01230051
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt016592
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt026000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt026000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0313239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0455728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0150519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0162480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108001
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01189967
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0234
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0165
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0663
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01182694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0772649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01060930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01042396
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01031627
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05090296
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0234
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0165
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0663
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99580
IRS990ScheduleA/PublicSupportPY509Pct00.99030
IRS990ScheduleA/PublicSupportTotal509Amt06254263
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt026000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt026000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01495933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01228377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01211449
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01204876
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01139628
IRS990ScheduleA/Total509Grp/TotalAmt06280263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01496003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01228534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01211683
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01205041
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01139665
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06280926
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0732131
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0471925
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01204056
IRS990ScheduleD/LandGrp/BookValueAmt0300615
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0300615
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt041121
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt082873
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0123994
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037371
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0149812
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0187183
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01111238
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt088645
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Tuition Assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt033
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Fair Market Value
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of Directors reviews and approves prior to filing.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.23$0.88$0.35$2.19$1.89$0.30
2023Detailed filing. Detailed filing data is available for this year.$1.08$1.03$0.05$1.54$1.71$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.25$1.03$0.22$1.31$1.55$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.55$1.09$0.47$1.50$1.48$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.60$1.15$0.45$1.23$1.06$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.32$1.04$0.28$1.23$1.20$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.27$1.01$0.25$1.21$1.17$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.24$1.03$0.22$1.14$1.22$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.34$1.04$0.30$1.21$1.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.35$1.07$0.28$1.17$1.07$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.30$1.12$0.18$1.01$0.98$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.30$1.15$0.15$1.02$1.08$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$1.16$0.21$0.99
2011Summary only. Only limited summary data is available for this year.$1.38$1.17$0.22$0.96$0.99$0.04