Technik Competition

990EZ • Fiscal year 2022 • EIN 84-2726750

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

Organization Profile TECHNIKCOMPETITION.COM

136 Winding WaySan Carlos, CA 94070-2815

(310) 922-1977

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

410%

Higher net margin than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Higher top officer pay than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

-68%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

No value available

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

Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets58th percentile

Assets

Down

$23,596

Down $50,124 (-68%) from 2021

Net Assets

Down

$23,596

Down $33,858 (-59%) from 2021

Liabilities

Down

Down $16,266 (-100%) from 2021

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin100th percentile

Revenue

Down

-$8,256

Down $102,829 (-109%) from 2021

Expenses

Down

$25,602

Down $31,434 (-55%) from 2021

Net Income

Down

-$33,858

Down $71,395 (-190%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

Highlighted filing

2022

Assets$23,596

Liabilities$0

Net Assets$23,596

Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

Highlighted filing

2022

Revenue-$8,256

Expenses$25,602

Net Income-$33,858

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Nov 8, 2023
Return Version: 2022v5.0
Gross Receipts: $39,805

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

Top Officer Pay78th percentile

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: 2023-11-08
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: 695. Description: merchant fees. Amount: 236. Description: advertising. Amount: 5. Description: cogs - program. Amount: 9,275. Description: interest expense. Amount: 6. Description: opperations. Amount: 50. Description: payroll taxes. Amount: 1,054. Description: program expenses - direct. Amount: 3,344. Total to form 990-ez, line 16: 14,665.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: race car, trailer and equiptment. Beg. Of year amount: 51,485. End of year amount: 3,778.”

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

“Description: american express. Beg. Of year amount: 1,266. End of year amount: 0. Description: loan - hopelain homes. Beg. Of year amount: 15,000. End of year amount: 0.”

Raw XML Appendix155 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	22235
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	19818
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	5322
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	48061
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-33858
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	896
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	73720
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	23596
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-28061
IRS990EZ/GrossReceiptsAmt	0	39805
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	57454
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	23596
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	57454
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	23596
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	51485
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	3778
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	14665
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/PrintingPublicationsPostageAmt	0	41
IRS990EZ/ProgramServiceRevenueAmt	0	14483
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/SalariesOtherCompEmplBnftAmt	0	10000
IRS990EZ/SaleOfAssetsGrossAmt	0	20000
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	CA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	16266
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
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	25602
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	-8256
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	HTTPS://TECHNIKCOMPETITION.COM/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	5322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	94573
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	24119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	124014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	14483
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	14483
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	138497
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	19805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	94573
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	24119
IRS990ScheduleA/Total509Grp/TotalAmt	0	138497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	19805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	94573
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	24119
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	138497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: BANK FEES. AMOUNT: 695. DESCRIPTION: MERCHANT FEES. AMOUNT: 236. DESCRIPTION: ADVERTISING. AMOUNT: 5. DESCRIPTION: COGS - PROGRAM. AMOUNT: 9,275. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 6. DESCRIPTION: OPPERATIONS. AMOUNT: 50. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,054. DESCRIPTION: PROGRAM EXPENSES - DIRECT. AMOUNT: 3,344. TOTAL TO FORM 990-EZ, LINE 16: 14,665.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: RACE CAR, TRAILER AND EQUIPTMENT. BEG. OF YEAR AMOUNT: 51,485. END OF YEAR AMOUNT: 3,778.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: AMERICAN EXPRESS. BEG. OF YEAR AMOUNT: 1,266. END OF YEAR AMOUNT: 0. DESCRIPTION: LOAN - HOPELAIN HOMES. BEG. OF YEAR AMOUNT: 15,000. END OF YEAR AMOUNT: 0.
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	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
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	2023-11-08
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/IRSResponsiblePrtyInfoCurrInd	0	0
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	2023-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	SCOTT H WALTHEREA
ReturnHeader/ReturnTs	0	2023-11-12T20:46:02-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	PETER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	HOPELAIN
ReturnHeader/TaxPeriodBeginDt	0	2022-01-01
ReturnHeader/TaxPeriodEndDt	0	2022-12-31
ReturnHeader/TaxYr	0	2022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $23,596
Liabilities: $0
Net assets: $23,596
Revenue: -$8,256
Expenses: $25,602
Net income: -$33,858

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$17.1	$0.90	$16.2	$14.1	$19.6	$5.51
2023Summary only. Only limited summary data is available for this year.	$22.0	$0.24		$27.2	$29.1	$1.86
2022Detailed filing. Detailed filing data is available for this year.	$23.6	$0.00	$23.6	$8.26	$25.6	$33.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$73.7	$16.3	$57.5	$94.6	$57.0	$37.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$19.9	$0.00	$19.9	$24.1	$4.20	$19.9
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00		$0.00	$0.00