Civic Intelligence

Kyle Larson Foundation

990EZ • Fiscal year 2023 • EIN 86-2278658

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

Organization Profilewww.kylelarsonfoundation.org
309 S Laurel AveCharlotte, NC 28207

(704) 376-8415

Siviq Scores

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

Liabilities / Assets

75th percentile

0.01x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • NTEE P99 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.01x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • NTEE P99 • <$500k nonprofits • Source year 2023

Net Margin

72nd percentile

31%

Higher net margin than 72% of similar nonprofits.

2023 filings • NTEE P99 • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2023 filings • NTEE P99 • <$500k nonprofits • Source year 2023

Asset Growth

82nd percentile

46%

Faster asset growth than 82% of similar nonprofits.

2023 filings • NTEE P99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

34th percentile

-13%

Faster revenue growth than 34% of similar nonprofits.

2023 filings • NTEE P99 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$139,579

Up $43,712 (+46%) from 2022

Net Assets

Up

$137,594

Up $41,727 (+44%) from 2022

Liabilities

Up

$1,985

Up $1,985 from 2022

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin72nd percentile

Revenue

Down

$135,358

Down $20,656 (-13%) from 2022

Expenses

Up

$93,631

Up $2,476 (+2.7%) from 2022

Net Income

Down

$41,727

Down $23,132 (-36%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$150K$100K$50K$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $31,850Liabilities 2021: $842Net Assets 2021: $31,0082021Assets 2022: $95,867Liabilities 2022: $0Net Assets 2022: $95,8672022Assets 2023: $139,579Liabilities 2023: $1,985Net Assets 2023: $137,5942023Assets 2024: $109,875Liabilities 2024: $255Net Assets 2024: $109,6202024

Highlighted filing

2023

Assets$139,579
Liabilities$1,985
Net Assets$137,594
Open 2023 Filing

Operations Trend

Revenue Growth34th percentile

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

$200K$100K$0-$100KRevenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $196,610Expenses 2021: $165,602Net Income 2021: $31,0082021Revenue 2022: $156,014Expenses 2022: $91,155Net Income 2022: $64,8592022Revenue 2023: $135,358Expenses 2023: $93,631Net Income 2023: $41,7272023Revenue 2024: $70,842Expenses 2024: $98,816Net Income 2024: -$27,9742024

Highlighted filing

2023

Revenue$135,358
Expenses$93,631
Net Income$41,727
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Gross Receipts
$135,358
Mission and Program Overview

Mission

The Kyle Larson Foundation is dedicated to bringing people together and providing support to hands-on charitable organizations that benefit today's youth, families and communities in need.

Program Services

DescriptionGrantsExpenses
The Kyle Larson Foundation is dedicated to bringing people together and providing support to hands-on charitable organizations that benefit today's youth, families and communities in need-$70,881
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kyle LarsonChairman-$0--
Josh PetermanVice Chairman-$0--
Rick RussellTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Kyle Larson Foundation
EIN
86-2278658
Phone
7043768415
Address
309 S Laurel Ave, Charlotte, NC 28207

Signing Officer

Name
Kyle Larson
Title
Chairman
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Miller Mcneish & Breedlove Pllc
Address
309 S LAUREL AVE, CHARLOTTE, NC 28207
Preparer
Alison M Mills
Phone
7043768415
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: Urban Youth Racing School | Donee's Address: 1080 N. Delaware Avenue, Ste 202 Pennsylvania PA 19125 | Cash Amount Given: $15000”

Other Expenses.1012

“Insurance $1060”

Other Expenses.1

“Raffle Expense - Vehicle $55409”

Other Expenses.2

“Bank Charges $1128”

Other Expenses.3

“Charitable Event Expenses $695”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $1985”

Raw XML Appendix164 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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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OtherExpensesTotalAmt058292
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt070881
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt035220
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0116610
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0196610
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0487982
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0185642
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt035220
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0302340
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Urban Youth Racing School | Donee's Address: 1080 N. Delaware Avenue, Ste 202 Pennsylvania PA 19125 | Cash Amount Given: $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $1060
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Raffle Expense - Vehicle $55409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Charges $1128
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kyle Larson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Kyle Larson Foundation
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ReturnHeader/Filer/EIN0862278658
ReturnHeader/Filer/PhoneNum07043768415
ReturnHeader/Filer/USAddress/AddressLine1Txt0309 S Laurel Ave
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028207
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832891693
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0309 S LAUREL AVE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028207
ReturnHeader/PreparerPersonGrp/PhoneNum07043768415
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alison M Mills
ReturnHeader/ReturnTs02024-05-08T06:45:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kyle
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Larson
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$139,579
Liabilities
$1,985
Net assets
$137,594
Revenue
$135,358
Expenses
$93,631
Net income
$41,727
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.71$0.99$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.02$1.38$1.35$0.94$0.42
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$1.56$0.91$0.65
2021Detailed filing. Detailed filing data is available for this year.$0.32$0.01$0.31$1.97$1.66$0.31
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00