Civic Intelligence

Racing for Lives Inc

EIN 84-2594526 • 501(c)3 • New York, NY

Profile

General program and other events held throughout the year by racing for lives.

169 Hudson St Frnt 1NNew York, NY 10013

www.racingforlives.org

Siviq Scores

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

Liabilities / Assets

100th percentile

40.49x

Higher debt load relative to assets than 100% of similar nonprofits.

NTEE P12 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

NTEE P12 • <$500k nonprofits • Source year 2023

Asset Growth

46th percentile

-2.6%

Faster asset growth than 46% of similar nonprofits.

NTEE P12 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$896

Down $24 (-2.6%) from 2022

Liabilities

Up

$36,276

Up $1,776 (+5.1%) from 2022

Net Assets

Down

-$35,380

Down $1,800 (-5.4%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$1,800

Up $1,676 (+1352%) from 2022

Net Income

Down

-$1,800

Down $1,676 (-1352%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth46th percentile

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

$40K$20K$0-$20K-$40KAssets 2020: $15,208Liabilities 2020: $34,400Net Assets 2020: -$19,1922020Assets 2021: $944Liabilities 2021: $34,400Net Assets 2021: -$33,4562021Assets 2022: $920Liabilities 2022: $34,500Net Assets 2022: -$33,5802022Assets 2023: $896Liabilities 2023: $36,276Net Assets 2023: -$35,3802023

Highlighted filing

2023

Assets$896
Liabilities$36,276
Net Assets-$35,380
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2020: $46,318Expenses 2020: $65,510Net Income 2020: -$19,1922020Revenue 2021: $0Expenses 2021: $14,264Net Income 2021: -$14,2642021Revenue 2022: $0Expenses 2022: $124Net Income 2022: -$1242022Revenue 2023: $0Expenses 2023: $1,800Net Income 2023: -$1,8002023

Highlighted filing

2023

Revenue$0
Expenses$1,800
Net Income-$1,800
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$896
Liabilities
$36,276
Net assets
-$35,380
Revenue
$0
Expenses
$1,800
Net income
-$1,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$36.3$35.4$0.00$1.80$1.80
2022Detailed filing. Detailed filing data is available for this year.$0.92$34.5$33.6$0.00$0.12$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$34.4$33.5$0.00$14.3$14.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$34.4$19.2$46.3$65.5$19.2
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

General program and other events held throughout the year by racing for lives.

Program Services

DescriptionGrantsExpenses
GENERAL PROGRAM AND OTHER EVENTS HELD THROUGHOUT THE YEAR BY RACINGFOR LIVES$0$0
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN BETTENHAUSENPresidentPT$0--
HUGH BRODERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Racing for Lives Inc
EIN
84-2594526
Phone
2129650606
Address
169 HUDSON ST FRNT 1N, NEW YORK, NY 10013

Signing Officer

Name
Ben Bettenhausen
Title
President & CEO
Phone
2129650606
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
88 FROEHLICH FARM BLVD 3RD FLOOR, WOODBURY, NY 11797
Preparer
Scott Sanders
Phone
5163643390
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank charges. Amount: 24. Description: interest expense. Amount: 100. Total to form 990-ez, line 16: 124.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: eidl. Beg. Of year amount: 34,400. End of year amount: 34,500.”

Raw XML Appendix125 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BEN BETTENHAUSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum02129650606
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0475 GREENWICH STREET 4B
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0100131791
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0944
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0920
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-124
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0944
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0920
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-33456
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-33580
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-33456
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-33580
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BEN BETTENHAUSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HUGH BRODER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0124
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GENERAL PROGRAM AND OTHER EVENTS HELD THROUGHOUT THE YEAR BY RACING FOR LIVES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GENERAL PROGRAM AND OTHER EVENTS HELD THROUGHOUT THE YEAR BY RACINGFOR LIVES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt034400
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034500
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0124
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RACINGFORLIVES.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt046318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt046318
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt046318
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt046318
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt046318
IRS990ScheduleA/TotalSupportAmt046318
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 24. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 100. TOTAL TO FORM 990-EZ, LINE 16: 124.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: EIDL. BEG. OF YEAR AMOUNT: 34,400. END OF YEAR AMOUNT: 34,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BEN BETTENHAUSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02129650606
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RACING FOR LIVES INC
ReturnHeader/Filer/BusinessNameControlTxt0RACI
ReturnHeader/Filer/EIN0842594526
ReturnHeader/Filer/PhoneNum02129650606
ReturnHeader/Filer/USAddress/AddressLine1Txt0169 HUDSON ST FRNT 1N
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010013
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872525370
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt088 FROEHLICH FARM BLVD 3RD FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011797
ReturnHeader/PreparerPersonGrp/PhoneNum05163643390
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT SANDERS
ReturnHeader/ReturnTs02023-11-15T15:01:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BETTENHAUSEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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