Civic Intelligence

Foundre Racing Inc

990PF • Fiscal year 2020 • EIN 84-3914622

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 24, 2022

2672 E Ridgewood LnGilbert, AZ 85298

(602) 686-9000

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

87th percentile

46%

Higher net margin than 87% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

99th percentile

1175%

Faster asset growth than 99% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

-4.8%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$20,609

Up $18,992 (+1175%) from 2019

Net Assets

Up

$20,609

Up $18,992 (+1175%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$40,938

Down $2,046 (-4.8%) from 2019

Expenses

Down

$21,946

Down $19,421 (-47%) from 2019

Net Income

Up

$18,992

Up $17,375 (+1075%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2019: $1,617Liabilities 2019: $0Net Assets 2019: $1,6172019Assets 2020: $20,609Liabilities 2020: $0Net Assets 2020: $20,6092020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$20,609
Liabilities$0
Net Assets$20,609

Operations Trend

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

$100K$50K$0-$50KRevenue 2019: $42,984Expenses 2019: $41,367Net Income 2019: $1,6172019Revenue 2020: $40,938Expenses 2020: $21,946Net Income 2020: $18,9922020Revenue 2021: $42,227Expenses 2021: $62,836Net Income 2021: -$20,6092021

Highlighted filing

2020

Revenue$40,938
Expenses$21,946
Net Income$18,992
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 24, 2022
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WESLEY E BIESENDirectorPT$0--
JAMES C NICHOLSDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Foundre Racing Inc
EIN
84-3914622
Phone
6026869000
Address
2672 E RIDGEWOOD LN, GILBERT, AZ 85298

Signing Officer

Name
Wesley E Biesen
Title
Director
Phone
6026869000
Signed
2022-01-24

Preparer

Firm
Toepel Company Pc
Address
2500 S POWER RD STE 129, MESA, AZ 85209
Preparer
Paul D Toepel
Phone
4808338300
Raw XML Appendix186 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.

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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.FOUNDRERACING.COM
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0PROMOTING YOUTH RACING TEAM
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IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0SUBMISSION TO ORGANIZATION FOR RACING FEES.
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0NONE
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WESLEY E BIESEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06026869000
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDRE RACING INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0843914622
ReturnHeader/Filer/PhoneNum06026869000
ReturnHeader/Filer/USAddress/AddressLine1Txt02672 E RIDGEWOOD LN
ReturnHeader/Filer/USAddress/CityNm0GILBERT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085298
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860573885
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TOEPEL COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02500 S POWER RD STE 129
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MESA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085209
ReturnHeader/PreparerPersonGrp/PhoneNum04808338300
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL D TOEPEL
ReturnHeader/ReturnTs02022-02-15T17:04:59-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WESLEY E
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BIESEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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