Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Racing for Children'S Inc
EIN 92-1672577 • 501(c)3 • Birmingham, AL
Pub. 78 Eligible
Profile
To raise funding for and awareness of the need for increased research funding to assist children battling childhood cancer and blood disorders.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.85x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
98th percentile
Faster asset growth than 98% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Balance Sheet
Assets
Up$391,467
Up $324,155 (+482%) from 2023
Liabilities
$332,223
No earlier filing loaded for comparison.
Net Assets
Down$59,244
Down $8,068 (-12%) from 2023
Revenue
Up$96,303
Up $65,803 (+216%) from 2023
Expenses
Up$104,371
Up $91,342 (+701%) from 2023
Net Income
Down-$8,068
Down $25,539 (-146%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $391,467
- Liabilities
- $332,223
- Net assets
- $59,244
- Revenue
- $96,303
- Expenses
- $104,371
- Net income
- -$8,068
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $3.91 | $3.32 | $0.59 | $0.96 | $1.04 | $0.08 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.67 | $0.67 | $0.31 | $0.13 | $0.17 | |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.00 | $0.00 | ||||
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 29, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $96,303
Mission and Program Overview
Mission
To raise funding for and awareness of the need for increased research funding to assist children battling childhood cancer and blood disorders.
To raise funding for and awareness of the need for increased research funding to assist children battling childhood cancer and blood disorders. In addition, to provide respite where possible for these children and their families.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| RACING FOR CHILDREN'S, INC. RAISED FUNDS FOR CHILDREN'S OF ALABAMA, INC. (CHILDREN'S HOSPITAL), RAISED AWARENESS FOR CHILDHOOD CANCERS AND BLOOD DISORDERS PLUS PROVIDED PATIENT EXPERIENCES TO IMPROVE THE LIVES OF THESE PRECIOUS CHILDREN WHILE FIGHTING CHILDHOOD CANCER AND BLOOD DISORDERS. | - | $104,371 |
| RACING FOR CHILDREN'S, INC. RAISED FUNDS FOR CHILDREN'S OF ALABAMA, INC. (CHILDREN'S HOSPITAL), RAISED AWARENESS FOR CHILDHOOD CANCERS AND BLOOD DISORDERS PLUS PROVIDED PATIENT EXPERIENCES TO IMPROVE THE LIVES OF THESE PRECIOUS CHILDREN WHILE FIGHTING CHILDHOOD CANCER AND BLOOD DISORDERS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DOUG NEIL | President | - | $0 | - | - |
| BRYNLEY KING | Vice Preside | - | $0 | - | - |
| BRIAN STARR | Vice Preside | - | $0 | - | - |
| JEFF STONE JR | Vice Preside | - | $0 | - | - |
| MATT AIKEN | Secretary | - | $0 | - | - |
| AL ELLISON | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- RACING FOR CHILDREN'S INC
- EIN
- 92-1672577
- Phone
- 2054372040
- Address
- 2100 PROVIDENCE PARK STE 250, BIRMINGHAM, AL 35242
Signing Officer
- Name
- Al Ellison
- Title
- Treasurer
- Phone
- 2054372040
- Signed
- 2025-10-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Ellison & Ellison Pc
- Address
- 2100 PROVIDENCE PARK STE 250, BIRMINGHAM, AL 35242-7719
- Preparer
- Al Ellison Jr CPA Pfs
- Phone
- 2054372040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses program expenses 103,027 insurance 1,320 bank fees 24 total 104,371”
Form 990-ez, Part II, Line 24
“Rfc 997.1 promo car & trailer 49,500 49,500 ccna campaign car 0 332,223 total 49,500 381,723”
Form 990-ez, Part II, Line 26
“Community bank loan 0 332,223”
Form 990-ez, Part III
“To raise funding for and awareness of the need for increased research funding to assist children battling childhood cancer and blood disorders. In addition, to provide respite where possible for these children and their families.”
Form 990-ez, Part III, Line 28
“Racing for children's, inc. Raised funds for children's of alabama, inc. (children's hospital), raised awareness for childhood cancers and blood disorders plus provided patient experiences to improve the lives of these precious children while fighting childhood cancer and blood disorders.”
Form 990-ez, Part III, Line 31
“Racing for children's, inc. Raised funds for children's of alabama, inc. (children's hospital), raised awareness for childhood cancers and blood disorders plus provided patient experiences to improve the lives of these precious children while fighting childhood cancer and blood disorders.”
Raw XML Appendix136 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.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | AL ELLISON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2054372040 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2100 PROVIDENCE PARK STE 250 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BIRMINGHAM |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 35242 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 17812 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9744 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 96303 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8068 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 67312 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 391467 |
| IRS990EZ/GrossReceiptsAmt | 0 | 96303 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 67312 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 59244 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 67312 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 59244 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DOUG NEIL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BRYNLEY KING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BRIAN STARR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JEFF STONE JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MATT AIKEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | AL ELLISON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 49500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 381723 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 104371 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO RAISE FUNDING FOR AND AWARENESS OF THE NEED FOR INCREASED RESEARCH FUNDING TO ASSIST CHILDREN BATTLING CHILDHOOD CANCER AND BLOOD DISORDERS. IN ADDITION, TO PROVIDE RESPITE WHERE POSSIBLE FOR THESE CHILDREN AND THEIR FAMILIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | RACING FOR CHILDREN'S, INC. RAISED FUNDS FOR CHILDREN'S OF ALABAMA, INC. (CHILDREN'S HOSPITAL), RAISED AWARENESS FOR CHILDHOOD CANCERS AND BLOOD DISORDERS PLUS PROVIDED PATIENT EXPERIENCES TO IMPROVE THE LIVES OF THESE PRECIOUS CHILDREN WHILE FIGHTING CHILDHOOD CANCER AND BLOOD DISORDERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | RACING FOR CHILDREN'S, INC. RAISED FUNDS FOR CHILDREN'S OF ALABAMA, INC. (CHILDREN'S HOSPITAL), RAISED AWARENESS FOR CHILDHOOD CANCERS AND BLOOD DISORDERS PLUS PROVIDED PATIENT EXPERIENCES TO IMPROVE THE LIVES OF THESE PRECIOUS CHILDREN WHILE FIGHTING CHILDHOOD CANCER AND BLOOD DISORDERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 104371 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 332223 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 104371 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 104371 |
| IRS990EZ/TotalRevenueAmt | 0 | 96303 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://RACINGFORCHILDRENS.ORG/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 96303 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 126803 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 126803 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 96303 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 126803 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 126803 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES PROGRAM EXPENSES 103,027 INSURANCE 1,320 BANK FEES 24 TOTAL 104,371 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | RFC 997.1 PROMO CAR & TRAILER 49,500 49,500 CCNA CAMPAIGN CAR 0 332,223 TOTAL 49,500 381,723 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | COMMUNITY BANK LOAN 0 332,223 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO RAISE FUNDING FOR AND AWARENESS OF THE NEED FOR INCREASED RESEARCH FUNDING TO ASSIST CHILDREN BATTLING CHILDHOOD CANCER AND BLOOD DISORDERS. IN ADDITION, TO PROVIDE RESPITE WHERE POSSIBLE FOR THESE CHILDREN AND THEIR FAMILIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | RACING FOR CHILDREN'S, INC. RAISED FUNDS FOR CHILDREN'S OF ALABAMA, INC. (CHILDREN'S HOSPITAL), RAISED AWARENESS FOR CHILDHOOD CANCERS AND BLOOD DISORDERS PLUS PROVIDED PATIENT EXPERIENCES TO IMPROVE THE LIVES OF THESE PRECIOUS CHILDREN WHILE FIGHTING CHILDHOOD CANCER AND BLOOD DISORDERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | RACING FOR CHILDREN'S, INC. RAISED FUNDS FOR CHILDREN'S OF ALABAMA, INC. (CHILDREN'S HOSPITAL), RAISED AWARENESS FOR CHILDHOOD CANCERS AND BLOOD DISORDERS PLUS PROVIDED PATIENT EXPERIENCES TO IMPROVE THE LIVES OF THESE PRECIOUS CHILDREN WHILE FIGHTING CHILDHOOD CANCER AND BLOOD DISORDERS. |
| 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 II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | AL ELLISON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2054372040 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-10-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RACING FOR CHILDREN'S INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RACI |
| ReturnHeader/Filer/EIN | 0 | 921672577 |
| ReturnHeader/Filer/PhoneNum | 0 | 2054372040 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2100 PROVIDENCE PARK STE 250 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BIRMINGHAM |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 35242 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 631159705 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ELLISON & ELLISON PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2100 PROVIDENCE PARK STE 250 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BIRMINGHAM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 352427719 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2054372040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-10-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AL ELLISON JR CPA PFS |
| ReturnHeader/ReturnTs | 0 | 2025-10-29T20:08:53-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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