Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 88-4132834 • 501(c)3 • Homestead, FL
Profile
To assist disadvantaged young racers to participate in motorsport.
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
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Up$1,653
Up $53 (+3.3%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$1,653
Up $53 (+3.3%) from 2023
Revenue
Up$114,287
Up $10,173 (+9.8%) from 2023
Expenses
Up$114,234
Up $8,951 (+8.5%) from 2023
Net Income
Up$53
Up $1,222 (+105%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To assist disadvantaged young racers to participate in motorsport.
| Description | Grants | Expenses |
|---|---|---|
| To provide scholarships, guidance and mentorship to young, talented racers. | $111,340 | $111,340 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Walter Jenkins III | President | PT | $0 | - | - |
| Valencia Morris | Secretary | - | $0 | - | - |
| Adrian Lopez | Director | - | $0 | - | - |
| Douglas P Henry | Treasurer/Director | - | $0 | - | - |
“Activity Scholarships, Grantee Various, Cash Grant 111,340, Relationship”
“Fundraising 500”
“Supplies 204”
“Bank service charge 60”
“Advertisitng and promotion 70”
“Miscellaneous expense 480”
“Renewal of State corporate status Sunbiz 62”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | Walter Jenkins III |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | Valencia Morris |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | Adrian Lopez |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | Douglas P Henry |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 0 | Organization has started operations recently. Not enough funding was received to pay staff. |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 1 | Organization has started operations recently. Not enough funding was received to pay staff. |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 2 | Organization has started operations recently. Not enough funding was received to pay staff. |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 3 | Organization has started operations recently. Not enough funding was received to pay staff. |
| CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt | 4 | Organization has started operations recently. Not enough funding was received to pay staff. |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Y J Michel & Associates PA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3052487202 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 15600 SW 288th St Ste 312 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Homestead |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33033 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1600 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1653 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 114287 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 53 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1500 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1600 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1653 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 111340 |
| IRS990EZ/GrossReceiptsAmt | 0 | 114287 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | Modified Cash basis |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 1600 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1653 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 1600 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1653 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 005.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Walter Jenkins III |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Valencia Morris |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Adrian Lopez |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Douglas P Henry |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer/Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1376 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To assist disadvantaged young racers to participate in motorsport. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 18 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To provide scholarships, guidance and mentorship to young, talented racers. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 111340 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 111340 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 114234 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 111340 |
| IRS990EZ/TotalRevenueAmt | 0 | 114287 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | wecanallrace.com |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 114287 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 104114 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21896 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 240297 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 240297 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 114287 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 104114 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 21896 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 240297 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 240297 |
| 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 | Activity Scholarships, Grantee Various, Cash Grant 111,340, Relationship |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Fundraising 500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Supplies 204 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Bank service charge 60 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Advertisitng and promotion 70 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Miscellaneous expense 480 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Renewal of State corporate status Sunbiz 62 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10, Grants Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990-EZ, Part I, Line 16, Other Expenses |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Walter Jenkins III |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7868897808 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WE CAN ALL RACE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WECA |
| ReturnHeader/Filer/EIN | 0 | 884132834 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Walter Jenkins III |
| ReturnHeader/Filer/PhoneNum | 0 | 7868897808 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4075 NE 15th St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Homestead |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33033 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 201755177 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Y J Michel & Associates PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 15600 SW 288 St Ste 312 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Homestead |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33033 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3054966169 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Yanick J Michel |
| ReturnHeader/ReturnTs | 0 | 2025-11-05T07:44:59-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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