Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Intermountain Athlete Development Foundation
990EZ • Fiscal year 2024 • EIN 85-3368401
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
13th percentile
Faster revenue growth than 13% of similar nonprofits.
Balance Sheet
Assets
Down$297
Down $13,426 (-98%) from 2023
Net Assets
Down$297
Down $13,426 (-98%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
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
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 17, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $10,050
Mission and Program Overview
Mission
To teach, educate, and provide unique access to the sport of racing for youth and young adults.
Program Services
| 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 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| REBECKAH G WATKINS | Secretary | - | $0 | - | - |
| IAN LACY | Treasurer | - | $0 | - | - |
| WESTON L WATKINS | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Intermountain Athlete Development
- EIN
- 85-3368401
- Phone
- 8014926092
- Address
- 2654 EAST WATER WHEEL CT, HEBER CITY, UT 84032
Signing Officer
- Name
- Weston L Watkins
- Title
- President
- Phone
- 8014926092
- Signed
- 2025-11-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Hartle & Rees LLC
- Address
- 448 E WINCHESTER ST STE 400, SALT LAKE CITY, UT 84107
- Preparer
- Joshua Vancott
- Phone
- 8019042070
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses insurance 424 bank charges 10 repairs 3,950 miscellaneous 7,450 non-investment depreciation 1,117 total 12,951”
Form 990-ez, Part II, Line 24
“2004 ford explorer 6,324 0 less accumulated depreciation 738 0 total 5,586 0”
Form 990-ez, Part III
“To teach, educate, and provide unique access to the sport of racing for youth and young adults.”
Form 990-ez, Part III, Line 28
“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.”
Form 990-ez, Part V, Line 35B
“No unrelated business income received during tax year.”
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| 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. |
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| 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 |
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| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
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| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
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| 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 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $297
- Liabilities
- -
- Net assets
- $297
- Revenue
- $5,581
- Expenses
- $19,007
- Net income
- -$13,426