Civic Intelligence

M3 Racing Inc

990EZ • Fiscal year 2023 • EIN 92-2548024

Jan 01, 2023 to Dec 31, 2023 • Filed on May 14, 2024

21913 Cobalt AveCaldwell, ID 83605

(208) 250-7550

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.66x

Higher debt load relative to assets than 93% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

1.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2023 filings • 501(c)7 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$46,121

No earlier filing loaded for comparison.

Net Assets

$15,791

No earlier filing loaded for comparison.

Liabilities

$30,330

No earlier filing loaded for comparison.

Revenue

$15,791

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2023: $46,121Liabilities 2023: $30,330Net Assets 2023: $15,7912023

Highlighted filing

2023

Assets$46,121
Liabilities$30,330
Net Assets$15,791

Operations Trend

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

$20K$15K$10K$5.0K$0Revenue 2023: $15,7912023

Highlighted filing

2023

Revenue$15,791
Expenses-
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.0
Gross Receipts
$64,606
Mission and Program Overview

Mission

Teaching leadership skills to young boys and girls through the sport of go karting

Program Services

DescriptionGrantsExpenses
Public speaking 7 young adults$0$0
Mechanical skills 7 young adults$0$0
Leadership 5 young adults$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott FeelyManager-$0--
Jeremy KnoppManager-$0--
Jesse ArnzenManager-$0--
Filing and Contact Details

Filer

Filer Name
M3 Racing Inc
EIN
92-2548024
In Care Of
% Scott Feely
Address
21913 Cobalt Ave, Caldwell, ID 83605

Signing Officer

Name
Scott Feely
Title
Manager
Signed
2024-05-14
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part II, line 24

| Asset Name:, BOY Amount:, EOY Amount:| Accounts Receivable, 0, $1487| Inventory, 0, $16669|

Part II, line 26

| Liabilities Name:, BOY Amount:, EOY Amount:| Loan, 0, $30330|

Raw XML Appendix111 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Scott Feely
IRS990EZ/BooksInCareOfDetail/PhoneNum02082507550
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021913 Cobalt Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Caldwell
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd083605
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027965
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07500
IRS990EZ/CostOfGoodsSoldAmt048815
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt015791
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046121
IRS990EZ/GrossProfitLossSlsOfInvntryAmt08291
IRS990EZ/GrossReceiptsAmt064606
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt057106
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt07500
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015791
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015791
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Scott Feely
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeremy Knopp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jesse Arnzen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Manager
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt018156
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Teaching leadership skills to young boys and girls through the sport of go karting
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Public speaking 7 young adults
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Mechanical skills 7 young adults
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Leadership 5 young adults
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0ID
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt030330
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalRevenueAmt015791
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Asset Name:, BOY Amount:, EOY Amount:| Accounts Receivable, 0, $1487| Inventory, 0, $16669|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Liabilities Name:, BOY Amount:, EOY Amount:| Loan, 0, $30330|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Scott Feely
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0M3 Racing Inc
ReturnHeader/Filer/BusinessNameControlTxt0M3RA
ReturnHeader/Filer/EIN0922548024
ReturnHeader/Filer/ForeignPhoneNum02082507550
ReturnHeader/Filer/InCareOfNm0% Scott Feely
ReturnHeader/Filer/USAddress/AddressLine1Txt021913 Cobalt Ave
ReturnHeader/Filer/USAddress/CityNm0Caldwell
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083605
ReturnHeader/ReturnTs02024-05-14T08:46:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Scott
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Feely
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$46.1$30.3$15.8$15.8