Civic Intelligence

Los Angeles Racing Club Inc

EIN 92-3184848 • 4947(a)1 • Simi Valley, CA

990-N CoverageNTEE O50

Profile

YOUTH SOCCER LEAGUE

1748 Stow StreetSimi Valley, CA 93063
Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE O50 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE O50 • <$500k nonprofits • Source year 2023

Net Margin

56th percentile

9.3%

Higher net margin than 56% of similar nonprofits.

NTEE O50 • <$500k nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE O50 • <$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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

$6,628

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$6,628

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue65th percentileNet Margin56th percentile

Revenue

$71,468

No earlier filing loaded for comparison.

Expenses

$64,840

No earlier filing loaded for comparison.

Net Income

$6,628

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2023: $6,628Liabilities 2023: $0Net Assets 2023: $6,6282023

Highlighted filing

2023

Assets$6,628
Liabilities$0
Net Assets$6,628
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0Revenue 2023: $71,468Expenses 2023: $64,840Net Income 2023: $6,6282023

Highlighted filing

2023

Revenue$71,468
Expenses$64,840
Net Income$6,628
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$6,628
Liabilities
$0
Net assets
$6,628
Revenue
$71,468
Expenses
$64,840
Net income
$6,628
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$6.63$0.00$6.63$71.5$64.8$6.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 30, 2024
Return Version
2023v5.1
Gross Receipts
$71,468
Mission and Program Overview

Mission

YOUTH SOCCER LEAGUE

Program Services

DescriptionGrantsExpenses
YOUTH SOCCER LEAGUE 6-18 YEAR OLDS INCLUDING UNIFORMS, TOURNAMENT FEES & MATCH ESSENTIALS-$42,810
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILMAR COREASPresidentPT$0--
WALTER ESCOBARVice PresidentPT$0--
HENRY GUERRASecretaryPT$0--
IDA BARBATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Los Angeles Racing Club Inc
EIN
92-3184848
Address
1748 STOW STREET, Simi Valley, CA 93063

Signing Officer

Name
Wilmar Coreas
Title
President
Phone
8182944776
Signed
2024-09-30
Discuss with paid preparer
No

Preparer

Firm
Martinez Lara & Associates Inc
Address
541 NORTH MACLAY AVE STE 103, San Fernando, CA 91340
Preparer
Victor Martinez
Phone
8183611668
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBANK 103BATTERY 30APP SUBSCRIPTION 21EQUIPMENT & UNIFORMS 22,662FIELD LIGHTS - 2 2,800FUEL FOR GENERATORS, ETC 2,970LEAGUE FEES 6,612WEBSITE 600WATERS FOR KIDS 35EQUIPMENT REPAIR 32TOURNAMENT FEES 5,661TRAVEL FOR TOURNAMENTS 2,105MISCELLANEOUS 1,500”

Raw XML Appendix118 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/PersonNm0WILMAR COREAS
IRS990EZ/BooksInCareOfDetail/PhoneNum08182944776
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01748 STOW STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Simi Valley
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093063
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06628
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06628
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01600
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06628
IRS990EZ/GrossReceiptsAmt071468
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06628
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06628
IRS990EZ/OccupancyRentUtltsAndMaintAmt016838
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt032.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WILMAR COREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WALTER ESCOBAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HENRY GUERRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3IDA BARBA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization4947a1NotPFInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt045131
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0YOUTH SOCCER LEAGUE
IRS990EZ/PrintingPublicationsPostageAmt01271
IRS990EZ/ProgramServiceRevenueAmt071468
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0YOUTH SOCCER LEAGUE 6-18 YEAR OLDS INCLUDING UNIFORMS, TOURNAMENT FEES & MATCH ESSENTIALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042810
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt064840
IRS990EZ/TotalProgramServiceExpensesAmt042810
IRS990EZ/TotalRevenueAmt071468
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt071468
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt071468
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt071468
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt071468
IRS990ScheduleA/Total509Grp/TotalAmt071468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt071468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt071468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBANK 103BATTERY 30APP SUBSCRIPTION 21EQUIPMENT & UNIFORMS 22,662FIELD LIGHTS - 2 2,800FUEL FOR GENERATORS, ETC 2,970LEAGUE FEES 6,612WEBSITE 600WATERS FOR KIDS 35EQUIPMENT REPAIR 32TOURNAMENT FEES 5,661TRAVEL FOR TOURNAMENTS 2,105MISCELLANEOUS 1,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WILMAR COREAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08182944776
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOS ANGELES RACING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0LOSA
ReturnHeader/Filer/EIN0923184848
ReturnHeader/Filer/USAddress/AddressLine1Txt01748 STOW STREET
ReturnHeader/Filer/USAddress/CityNm0Simi Valley
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093063
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874011612
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARTINEZ LARA & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0541 NORTH MACLAY AVE STE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Fernando
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091340
ReturnHeader/PreparerPersonGrp/PhoneNum08183611668
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTOR MARTINEZ
ReturnHeader/ReturnTs02024-09-30T19:32:34-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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