Civic Intelligence

Corinthian Racing Founding Inc

EIN 92-2902843 • 501(c)3 • St Petersburg, FL

Profile

We aim to elevate sailor's skills, promote safety & competitive racing via financial support & training to build a community of skilled, environmentally-conscious racers so people can acquire expert level skills and experience all nautical activities

7901 4th ST N 300St Petersburg, FL 33702

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.56x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

62nd percentile

8.5%

Higher net margin than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

100th percentile

424500%

Faster asset growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$4,246

Up $4,245 (+424500%) from 2023

Liabilities

Up

$2,366

Up $2,366 from 2023

Net Assets

$1,880

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue83rd percentileNet Margin62nd percentile

Revenue

Up

$22,000

Up $22,000 from 2023

Expenses

Up

$20,120

Up $20,120 from 2023

Net Income

Up

$1,880

Up $1,880 from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth100th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0K$4.0K$2.0K$0Assets 2023: $1Liabilities 2023: $02023Assets 2024: $4,246Liabilities 2024: $2,366Net Assets 2024: $1,8802024

Highlighted filing

2024

Assets$4,246
Liabilities$2,366
Net Assets$1,880
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $22,000Expenses 2024: $20,120Net Income 2024: $1,8802024

Highlighted filing

2024

Revenue$22,000
Expenses$20,120
Net Income$1,880
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,246
Liabilities
$2,366
Net assets
$1,880
Revenue
$22,000
Expenses
$20,120
Net income
$1,880
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.25$2.37$1.88$22.0$20.1$1.88
2023Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$22,000
Mission and Program Overview

Mission

We aim to elevate sailor's skills, promote safety & competitive racing via financial support & training to build a community of skilled, environmentally-conscious racers so people can acquire expert level skills and experience all nautical activities

Program Services

DescriptionGrantsExpenses
Sailing education and coaching-$20,121
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer CanestraTreasurer-$0--
Daniel Thielman JrPresident-$0--
Auric HornemanSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Corinthian Racing Founding Inc
EIN
92-2902843
Phone
5614656210
Address
7901 4th ST N 300, St Petersburg, FL 33702

Signing Officer

Name
Jennifer Canestra
Title
Treasurer
Signed
2025-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Qlew Group LLC
Address
336 Bon Air Center 394, Greenbrae, CA 94904
Preparer
Jennifer Canestra
Phone
5614656210
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $953”

Other Expenses.1005

“Travel $6004”

Other Expenses.1

“Entry Fees $6335”

Other Expenses.2

“Gear $3775”

Other Expenses.3

“Coaching $1500”

Other Expenses.4

“GoFund Me Fees $521”

Other Expenses.5

“Chase Bank Fees $90”

Other Expenses.6

“Licenses & Permits $61”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $2366”

Raw XML Appendix135 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/PhoneNum05614656210
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Miami
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033133
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04246
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt022000
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01880
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019239
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0We aim to elevate sailor's skills, promote safety & competitive racing via financial support & training to build a community of skilled, environmentally-conscious racers so people can acquire expert level skills and experience all nautical activities
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Sailing education and coaching
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020121
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02366
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt020120
IRS990EZ/TotalProgramServiceExpensesAmt020121
IRS990EZ/TotalRevenueAmt022000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt022000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt022000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt022000
IRS990ScheduleA/TotalSupportAmt022000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $6004
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Entry Fees $6335
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Gear $3775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Coaching $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GoFund Me Fees $521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Chase Bank Fees $90
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Licenses & Permits $61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $2366
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1001
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Jennifer Canestra
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Corinthian Racing Founding Inc
ReturnHeader/Filer/BusinessNameControlTxt0CORI
ReturnHeader/Filer/EIN0922902843
ReturnHeader/Filer/PhoneNum05614656210
ReturnHeader/Filer/USAddress/AddressLine1Txt07901 4th ST N 300
ReturnHeader/Filer/USAddress/CityNm0St Petersburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033702
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461239284
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenbrae
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094904
ReturnHeader/PreparerPersonGrp/PhoneNum05614656210
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jennifer Canestra
ReturnHeader/ReturnTs02025-11-15T11:55:13-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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