Civic Intelligence

Racing for Lives Inc.

990EZ • Fiscal year 2020 • EIN 84-2594526

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization ProfileWWW.RACINGFORLIVES.ORG
169 Hudson St Frnt 1NNew York, NY 10013

(212) 965-0606

Siviq Scores

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

Liabilities / Assets

95th percentile

2.26x

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

2020 filings • NTEE P12 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.74x

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

2020 filings • NTEE P12 • <$500k nonprofits • Source year 2020

Net Margin

19th percentile

-41%

Higher net margin than 19% of similar nonprofits.

2020 filings • NTEE P12 • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$0

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE P12 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

$15,208

No earlier filing loaded for comparison.

Net Assets

-$19,192

No earlier filing loaded for comparison.

Liabilities

$34,400

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin19th percentile

Revenue

$46,318

No earlier filing loaded for comparison.

Expenses

$65,510

No earlier filing loaded for comparison.

Net Income

-$19,192

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2020

Assets$15,208
Liabilities$34,400
Net Assets-$19,192
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$46,318
Expenses$65,510
Net Income-$19,192
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$46,318
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 RACING FOR LIVES--
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN BETTENHAUSENPresident/TreasFT$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
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Wagner & Zwerman LLP
Address
201 Old Country Road Ste 202, Melville, NY 11747
Preparer
Andrew M Zwerman CPA
Phone
6317771000
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $21311”

Other Expenses.1002

“Office Expenses $6327”

Other Expenses.1005

“Travel $1442”

Other Expenses.1

“FUNDRAISING $34459”

Other Expenses.2

“UNIFORMS $967”

Other Expenses.3

“BANK CHARGES $4”

Total Liabilities.1

“EIDL - Beginning $0 EIDL - Ending $34400”

Raw XML Appendix130 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/PersonNm0BEN 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/EOYAmt015208
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt046318
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-19192
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01000
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015208
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt046318
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-19192
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-19192
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt045.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BEN BETTENHAUSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HUGH BRODER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President/Treas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt064510
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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 RACING FOR LIVES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt034400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt065510
IRS990EZ/TotalRevenueAmt046318
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.RACINGFORLIVES.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt046318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt046318
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt046318
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt046318
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt046318
IRS990ScheduleA/TotalSupportAmt046318
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $21311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $6327
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1442
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING $34459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNIFORMS $967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK CHARGES $4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EIDL - Beginning $0 EIDL - Ending $34400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEN BETTENHAUSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
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/PreparerFirmGrp/PreparerFirmEIN0112836481
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wagner & Zwerman LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 Old Country Road Ste 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Melville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum06317771000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW M ZWERMAN CPA
ReturnHeader/ReturnTs02021-11-10T11:38:34-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BETTENHAUSEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$15,208
Liabilities
$34,400
Net assets
-$19,192
Revenue
$46,318
Expenses
$65,510
Net income
-$19,192
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
2020Detailed filing. Detailed filing data is available for this year.$15.2$34.4$19.2$46.3$65.5$19.2