Civic Intelligence

Young Tracks Inc.

990 • Fiscal year 2023 • EIN 84-1149964

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

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

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.67x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

66th percentile

$97,777

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

10th percentile

-14%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

18%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,075,738

Down $175,910 (-14%) from 2022

Net Assets

Down

$47,998

Down $174,819 (-78%) from 2022

Liabilities

Down

$1,027,740

Down $1,091 (-0.1%) from 2022

Revenue

Up

$1,537,610

Up $229,863 (+18%) from 2022

Expenses

Up

$1,712,429

Up $159,783 (+10%) from 2022

Net Income

Up

-$174,819

Up $70,080 (+29%) from 2022

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

2023

Assets$1,075,738
Liabilities$1,027,740
Net Assets$47,998

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

2023

Revenue$1,537,610
Expenses$1,712,429
Net Income-$174,819
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$1,537,610
Mission and Program Overview

Mission

Provide daycare and preschool programs

Provide preschool & childcare services

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,071,859$1,035,767▼ $36,092
Savings and Temporary Cash Investments$52,984$30,720▼ $22,264
Accounts Receivable$56,131$18,029▼ $38,102
Prepaid Expenses and Deferred Charges$2,287$0▼ $2,287
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-
Cash and Non-Interest-Bearing Accounts$68,387$-8,778▼ $77,165
Total Assets$1,251,648$1,075,738▼ $175,910
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$929,835$892,168▼ $37,667
Deferred Revenue$57,575$76,809▲ $19,234
Accounts Payable and Accrued Expenses$41,421$58,761▲ $17,340
Other Liabilities-$2-
Total Liabilities$1,028,831$1,027,740▼ $1,091
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$222,817$47,998▼ $174,819
Total Net Assets Fund Balance$222,817$47,998▼ $174,819
Total Liabilities and Net Assets / Fund Balance$1,251,648$1,075,738▼ $175,910

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$674,296$529,760-
Other Land Buildings$30,102$142,544-
Land$300,615--
Leasehold Improvements$30,754$93,240-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim MartinExecutive DirectorFT$97,777$97,777

Board Members and Trustees

NameTitle
Kate CarltonPresident
Angela SherwoodVice President
Eric VloskyDirector
George RombergDirector
Kindra MerrillSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$371,404
Program Service Revenue
$1,162,158
Investment Income
$1,320
Other Revenue
$2,728
All Other Contributions
$148,160
Change in Net Assets
$-174,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,186,021
Other Expenses$378,922
Grants and Similar Amounts Paid$147,486
Total Fundraising Expense$94,478
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$881,210$43,608$12,309$937,127
Grants to Domestic Individuals$147,486--$147,486
Current Officers, Directors, Trustees, and Key Employees$14,667$53,777$29,333$97,777
Payroll Taxes$73,965$8,040$3,438$85,443
Other Employee Benefits$64,642$702$330$65,674
Fees for Services Other$2,045$337$42,473$44,855
Interest$38,691$2,447$1,055$42,193
Depreciation Depletion$33,097$2,093$902$36,092
All Other Expenses$26,210--$26,210
Fees for Services Accounting-$25,693-$25,693
Insurance$22,927$1,450$625$25,002
Other Expenses$14,362$1,376$1,564$17,302
Occupancy$14,197$898$387$15,482
Office Expenses$8,108$513$221$8,842
Total Functional Expenses$1,472,746$145,205$94,478$1,712,429
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$2
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, Section B, Line 11B

Board of Directors reviews and approves prior to filing.

Form 990, Part VI, Section B, Line 15A

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

Form 990, Part VI, Section C, Line 19

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
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
36
Volunteers
30

Preparer

Firm
Singletrack Accounting
Address
1815 Central Park Dr STE 110 152, Steamboat Springs, CO 80487
Preparer
Joe Soave CPA
Phone
9703679414
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012309
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043608
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0881210
IRS990/OtherSalariesAndWagesGrp/TotalAmt0937127
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PayrollTaxesGrp/FundraisingAmt03438
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08040
IRS990/PayrollTaxesGrp/ProgramServicesAmt073965
IRS990/PayrollTaxesGrp/TotalAmt085443
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Food Reimbursement
IRS990/ProgramServiceRevenueGrp/Desc1Preschool Program Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028795
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11133363
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028795
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11133363
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0253846
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IRS990/PYGrantsAndSimilarPaidAmt090992
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IRS990/PYOtherExpensesAmt0412273
IRS990/PYOtherRevenueAmt0834
IRS990/PYProgramServiceRevenueAmt01052334
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IRS990/PYSalariesCompEmpBnftPaidAmt01049381
IRS990/PYTotalExpensesAmt01552646
IRS990/PYTotalRevenueAmt01307747
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-174819
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052984
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030720
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0253846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0313239
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0455728
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0150519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01544736
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01320
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0733
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0234
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02514
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01162158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01052333
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01182694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0772649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01060930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05230764
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01320
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0733
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0234
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02514
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt06775500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01533562
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01306179
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01495933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01228377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01211449
IRS990ScheduleA/Total509Grp/TotalAmt06775500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01534882
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01496003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01228534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01211683
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06778014
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/BookValueAmt0674296
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0529760
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01204056
IRS990ScheduleD/LandGrp/BookValueAmt0300615
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0300615
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt030754
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt093240
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0123994
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030102
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0142544
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0172646
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01035767
IRS990ScheduleD/TotalLiabilityAmt02
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0147486
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Tuition Assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Fair Market Value
IRS990ScheduleI/Total501c3OrgCnt00
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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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits