Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 85-3368401 • 501(c)3 • Heber City, UT
Profile
To teach, educate, and provide unique access to the sport of racing for youth and young adults.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
20th percentile
Faster revenue growth than 20% of similar nonprofits.
Assets
Down$297
Down $13,426 (-98%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$297
Down $13,426 (-98%) from 2023
Revenue
Down$5,581
Down $4,419 (-44%) from 2023
Expenses
Down$19,007
Down $30,688 (-62%) from 2023
Net Income
Up-$13,426
Up $26,269 (+66%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To teach, educate, and provide unique access to the sport of racing for youth and young adults.
| Description | Grants | Expenses |
|---|---|---|
| THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY AT LARGE AND THOSE WHO DIRECTLY AFFILIATE WITH THE FOUNDATION. THIS INCLUDES TEACHING A HISTORY OF RACING AND AUTOMOBILES; ENCOURAGING TEAMWORK AND A SENSE OF COMMUNITY THROUGH COLLABORATION WITH OTHER PROGRAMS; AND COACHING PROPER DRIVING TECHNIQUES AND COMPETITION. IT IS DEDICATED TO LIFTING THE SPIRITS AND CREATING OPPORTUNITIES OF INSPIRATION FOR CHILDREN THROUGHOUT THE INTERMOUNTAIN WEST BY PROVIDING THEM WITH UNIQUE ACCESS TO EVENTS AND TRAINING THAT WOULD NOT BE AVAILABLE TO THEM DUE TO THE HIGH COSTS ASSOCIATED WITH THE SPORT. SPECIFICALLY THE FOUNDATION SUPPORTS HANDS-ON EDUCATION AND SAFETY PROGRAMS, RECOGNIZES EXCELLENCE IN AUTOMOTIVE ENGINEERING EDUCATION AND PROMOTES AMATEUR AUTO-RACING. THE FOUNDATION, IN COOPERATION WITH UTAH MOTORSPORTS CAMPUS, WILL TEACH AND EDUCATE YOUTH AND YOUNG ADULTS IN HOW TO PARTICIPATE IN AMATEUR RACING. AS PART OF ITS EDUCATION PROGRAMMING, THE FOUNDATION MAY OWN ONE OR MORE VEHICLES AND OPERATE OR SUPPORT A TEAM. PARTICIPANTS WILL LEARN HOW TO OPERATE SUCH A PROGRAM AND THE SKILLS, DRIVE, AND AMBITION NECESSARY TO SUCCEED IN LIFE. | $800 | $19,007 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| REBECKAH G WATKINS | Secretary | - | $0 | - | - |
| IAN LACY | Treasurer | - | $0 | - | - |
| WESTON L WATKINS | President | - | $0 | - | - |
“Expenses insurance 424 bank charges 10 repairs 3,950 miscellaneous 7,450 non-investment depreciation 1,117 total 12,951”
“2004 ford explorer 6,324 0 less accumulated depreciation 738 0 total 5,586 0”
“To teach, educate, and provide unique access to the sport of racing for youth and young adults.”
“The foundation provides educational opportunities to the community at large and those who directly affiliate with the foundation. This includes teaching a history of racing and automobiles; encouraging teamwork and a sense of community through collaboration with other programs; and coaching proper driving techniques and competition. It is dedicated to lifting the spirits and creating opportunities of inspiration for children throughout the intermountain west by providing them with unique access to events and training that would not be available to them due to the high costs associated with the sport. Specifically the foundation supports hands-on education and safety programs, recognizes excellence in automotive engineering education and promotes amateur auto-racing. The foundation, in cooperation with utah motorsports campus, will teach and educate youth and young adults in how to participate in amateur racing. As part of its education programming, the foundation may own one or more vehicles and operate or support a team. Participants will learn how to operate such a program and the skills, drive, and ambition necessary to succeed in life.”
“No unrelated business income received during tax year.”
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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | WESTON L WATKINS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8014926092 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2654 EAST WATER WHEEL COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HEBER CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | UT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 84032 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8137 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 297 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 6000 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 4469 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13426 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 5256 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 13723 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 297 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | -419 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 800 |
| IRS990EZ/GrossReceiptsAmt | 0 | 10050 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 13723 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 297 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 13723 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 297 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | REBECKAH G WATKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | IAN LACY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WESTON L WATKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5586 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12951 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO TEACH, EDUCATE, AND PROVIDE UNIQUE ACCESS TO THE SPORT OF RACING FOR YOUTH AND YOUNG ADULTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY AT LARGE AND THOSE WHO DIRECTLY AFFILIATE WITH THE FOUNDATION. THIS INCLUDES TEACHING A HISTORY OF RACING AND AUTOMOBILES; ENCOURAGING TEAMWORK AND A SENSE OF COMMUNITY THROUGH COLLABORATION WITH OTHER PROGRAMS; AND COACHING PROPER DRIVING TECHNIQUES AND COMPETITION. IT IS DEDICATED TO LIFTING THE SPIRITS AND CREATING OPPORTUNITIES OF INSPIRATION FOR CHILDREN THROUGHOUT THE INTERMOUNTAIN WEST BY PROVIDING THEM WITH UNIQUE ACCESS TO EVENTS AND TRAINING THAT WOULD NOT BE AVAILABLE TO THEM DUE TO THE HIGH COSTS ASSOCIATED WITH THE SPORT. SPECIFICALLY THE FOUNDATION SUPPORTS HANDS-ON EDUCATION AND SAFETY PROGRAMS, RECOGNIZES EXCELLENCE IN AUTOMOTIVE ENGINEERING EDUCATION AND PROMOTES AMATEUR AUTO-RACING. THE FOUNDATION, IN COOPERATION WITH UTAH MOTORSPORTS CAMPUS, WILL TEACH AND EDUCATE YOUTH AND YOUNG ADULTS IN HOW TO PARTICIPATE IN AMATEUR RACING. AS PART OF ITS EDUCATION PROGRAMMING, THE FOUNDATION MAY OWN ONE OR MORE VEHICLES AND OPERATE OR SUPPORT A TEAM. PARTICIPANTS WILL LEARN HOW TO OPERATE SUCH A PROGRAM AND THE SKILLS, DRIVE, AND AMBITION NECESSARY TO SUCCEED IN LIFE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 800 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 19007 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 4050 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | UT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 19007 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 19007 |
| IRS990EZ/TotalRevenueAmt | 0 | 5581 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 6000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3630 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 189214 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 76847 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 285691 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 34994 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 250697 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 6000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3630 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 189214 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 76847 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 285691 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 285691 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INSURANCE 424 BANK CHARGES 10 REPAIRS 3,950 MISCELLANEOUS 7,450 NON-INVESTMENT DEPRECIATION 1,117 TOTAL 12,951 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 2004 FORD EXPLORER 6,324 0 LESS ACCUMULATED DEPRECIATION 738 0 TOTAL 5,586 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO TEACH, EDUCATE, AND PROVIDE UNIQUE ACCESS TO THE SPORT OF RACING FOR YOUTH AND YOUNG ADULTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY AT LARGE AND THOSE WHO DIRECTLY AFFILIATE WITH THE FOUNDATION. THIS INCLUDES TEACHING A HISTORY OF RACING AND AUTOMOBILES; ENCOURAGING TEAMWORK AND A SENSE OF COMMUNITY THROUGH COLLABORATION WITH OTHER PROGRAMS; AND COACHING PROPER DRIVING TECHNIQUES AND COMPETITION. IT IS DEDICATED TO LIFTING THE SPIRITS AND CREATING OPPORTUNITIES OF INSPIRATION FOR CHILDREN THROUGHOUT THE INTERMOUNTAIN WEST BY PROVIDING THEM WITH UNIQUE ACCESS TO EVENTS AND TRAINING THAT WOULD NOT BE AVAILABLE TO THEM DUE TO THE HIGH COSTS ASSOCIATED WITH THE SPORT. SPECIFICALLY THE FOUNDATION SUPPORTS HANDS-ON EDUCATION AND SAFETY PROGRAMS, RECOGNIZES EXCELLENCE IN AUTOMOTIVE ENGINEERING EDUCATION AND PROMOTES AMATEUR AUTO-RACING. THE FOUNDATION, IN COOPERATION WITH UTAH MOTORSPORTS CAMPUS, WILL TEACH AND EDUCATE YOUTH AND YOUNG ADULTS IN HOW TO PARTICIPATE IN AMATEUR RACING. AS PART OF ITS EDUCATION PROGRAMMING, THE FOUNDATION MAY OWN ONE OR MORE VEHICLES AND OPERATE OR SUPPORT A TEAM. PARTICIPANTS WILL LEARN HOW TO OPERATE SUCH A PROGRAM AND THE SKILLS, DRIVE, AND AMBITION NECESSARY TO SUCCEED IN LIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | NO UNRELATED BUSINESS INCOME RECEIVED DURING TAX YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART V, LINE 35B |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | WESTON L WATKINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8014926092 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INTERMOUNTAIN ATHLETE DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INTE |
| ReturnHeader/Filer/EIN | 0 | 853368401 |
| ReturnHeader/Filer/PhoneNum | 0 | 8014926092 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2654 EAST WATER WHEEL CT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HEBER CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 84032 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 870549457 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HARTLE & REES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 448 E WINCHESTER ST STE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SALT LAKE CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 84107 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8019042070 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSHUA VANCOTT |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T20:43:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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