Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Technik Competition
990EZ • Fiscal year 2021 • EIN 84-2726750
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.22x
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Up$73,720
Up $53,803 (+270%) from 2020
Net Assets
Up$57,454
Up $37,537 (+188%) from 2020
Liabilities
Up$16,266
Up $16,266 from 2020
Revenue And Expenses
Revenue
Up$94,573
Up $70,454 (+292%) from 2020
Expenses
Up$57,036
Up $52,834 (+1257%) from 2020
Net Income
Up$37,537
Up $17,620 (+88%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- May 31, 2022
- Return Version
- 2021v4.2
- Gross Receipts
- $94,573
Mission and Program Overview
Mission
Tc is exclusively for charitable purposes. It offers disadvantaged individuals a role on active motorsport race team to learn, practice interpersonal and vocational skills like car service to create stability in people's lives and the community
Technik competition is an all-volunteer, not-for-profit motorsport team providing underserved youth with vocational training and life skill development.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TECHNIK'S UNIQUE PROGRAM IS BUILT AROUND MENTORSHIP PAIRING EXPERIENCED LEADERS WITH MEN AND WOMEN, AND MATCHING THEM WITH CURRICULUMS FOR DEVELOPMENT AND HANDS-ON LEARNING. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PETER HOPELAIN | CEO | PT | $0 | - | - |
| MOLLY HAGGARTY | Secretary | PT | $0 | - | - |
| SCOTT WALTHER | CFO | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Technik Competition
- EIN
- 84-2726750
- Phone
- 3109221977
- Address
- 136 WINDING WAY, SAN CARLOS, CA 94070-2815
Signing Officer
- Name
- Peter Hopelain
- Title
- Executive
- Phone
- 6504479385
- Signed
- 2022-05-31
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Scott H Walther Inc
- Address
- 509 BRINKERHOFF AVENUE, SANTA BARBARA, CA 93101
- Preparer
- Scott H Waltherea
- Phone
- 8055041600
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 703. Description: merchant fees. Amount: 72. Description: operating expenses. Amount: 55,488. Description: business registration. Amount: 25. Description: miscellaneous. Amount: 748. Total to form 990-ez, line 16: 57,036.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: parts for sale. Beg. Of year amount: 873. End of year amount: 0. Description: race car, trailer and equiptment. Beg. Of year amount: 18,181. End of year amount: 51,485.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: american express. Beg. Of year amount: 0. End of year amount: 1,266. Description: loan - hopelain homes. Beg. Of year amount: 0. End of year amount: 15,000.”
Raw XML Appendix140 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SCOTT H WALTHER EA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8055041600 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 509 BRINKERHOFF AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SANTA BARBARA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 93101 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 863 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22235 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 94573 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 37537 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 19917 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 73720 |
| IRS990EZ/GrossReceiptsAmt | 0 | 94573 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 19917 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 57454 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 19917 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 57454 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PETER HOPELAIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MOLLY HAGGARTY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SCOTT WALTHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CEO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CFO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 19054 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 51485 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 57036 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TECHNIK COMPETITION IS AN ALL-VOLUNTEER, NOT-FOR-PROFIT MOTORSPORT TEAM PROVIDING UNDERSERVED YOUTH WITH VOCATIONAL TRAINING AND LIFE SKILL DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TECHNIK'S UNIQUE PROGRAM IS BUILT AROUND MENTORSHIP PAIRING EXPERIENCED LEADERS WITH MEN AND WOMEN, AND MATCHING THEM WITH CURRICULUMS FOR DEVELOPMENT AND HANDS-ON LEARNING. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 16266 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 57036 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 94573 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://TECHNIKCOMPETITION.COM/ |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 94573 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 24119 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 118692 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 118692 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 94573 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 24119 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 118692 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 94573 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 24119 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 118692 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: BANK FEES. AMOUNT: 703. DESCRIPTION: MERCHANT FEES. AMOUNT: 72. DESCRIPTION: OPERATING EXPENSES. AMOUNT: 55,488. DESCRIPTION: BUSINESS REGISTRATION. AMOUNT: 25. DESCRIPTION: MISCELLANEOUS. AMOUNT: 748. TOTAL TO FORM 990-EZ, LINE 16: 57,036. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PARTS FOR SALE. BEG. OF YEAR AMOUNT: 873. END OF YEAR AMOUNT: 0. DESCRIPTION: RACE CAR, TRAILER AND EQUIPTMENT. BEG. OF YEAR AMOUNT: 18,181. END OF YEAR AMOUNT: 51,485. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: AMERICAN EXPRESS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,266. DESCRIPTION: LOAN - HOPELAIN HOMES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 15,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PETER HOPELAIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6504479385 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TECHNIK COMPETITION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TECH |
| ReturnHeader/Filer/EIN | 0 | 842726750 |
| ReturnHeader/Filer/PhoneNum | 0 | 3109221977 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 136 WINDING WAY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAN CARLOS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 940702815 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 811831471 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCOTT H WALTHER INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 509 BRINKERHOFF AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SANTA BARBARA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 93101 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8055041600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SCOTT H WALTHEREA |
| ReturnHeader/ReturnTs | 0 | 2022-06-02T16:41:27-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | PETER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HOPELAIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $73,720
- Liabilities
- $16,266
- Net assets
- $57,454
- Revenue
- $94,573
- Expenses
- $57,036
- Net income
- $37,537