Rad Racing Nw in Olympia, Washington (WA)
Table of contents:
| Rad Racing Nw | |
| Employer Identification Number (EIN) | 912077772 |
| Name of Organization | Rad Racing Nw |
| In Care of Name | Jim Brown |
| Address | 7139 Cavalier Loop Sw, Olympia, WA 98512-7941 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 03/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $68,271 |
| Amount of Income | $89,483 |
| Form 990 Revenue Amount | $77,277 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Amateur Sports Competitions |
Non-representatives - add comments:
Amount of income in 2013: $89,483 (it was $104,328 in 2012)
| This organization: | $89,483 |
| Other organizations performing similar types of work: | $68,822 |
Assets in 2013: $68,271 (it was $57,359 in 2012)
| This organization: | $68,271 |
| Other organizations performing similar types of work: | $29,808 |
Expenses in 2013: $73,258
| Rad Racing Nw: | $73,258 |
| Other organizations performing similar types of work: | $62,550 |
Income to expenses ratio in 2013: 1.2
| Rad Racing Nw: | 1.2 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 66.1%
| This organization: | 66.1% |
| Other organizations performing similar types of work: | 38.2% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total revenue | $60,500 | $74,728 | $77,178 | $77,277 |
| Contributions, gifts, grants, and similar amounts received | $33,000 | $57,460 | $50,675 | $51,069 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 | $0 |
| Membership dues and assessments | $23,000 | $12,520 | $11,701 | $14,175 |
| Investment income | $0 | $0 | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 | $1,149 |
| Gross amount from sale of assets other than inventory | $0 | $0 | $0 | $1,149 |
| Less: cost or other basis and sales expenses | $0 | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $1,000 | $2,676 | $8,816 | $10,884 |
| Gross income from gaming | $0 | $0 | $0 | $0 |
| Gross income from fundraising events | $1,000 | $5,411 | $20,986 | $23,090 |
| Less: direct expenses from gaming and fundraising events | $0 | $2,735 | $12,170 | $12,206 |
| Gross profit/loss from sales of inventory | $3,500 | $2,072 | $5,986 | $0 |
| Other revenue | $0 | $0 | $0 | $0 |
| Total expenses | $54,606 | $63,570 | $71,323 | $73,258 |
| Total net assets | $34,515 | $45,673 | $51,528 | $55,547 |
| Excess/Deficit for the year | $5,894 | $11,158 | $5,855 | $4,019 |
| Net assets or fund balances at beginning of year | $28,621 | $34,515 | $45,673 | $51,528 |
| Other changes in net assets or fund balances | $0 | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $45,673 | $51,528 | $55,547 | |
| Balance Sheets | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Total assets | $47,192 | $48,771 | $57,359 | $68,271 |
| Total liabilities | $12,677 | $3,098 | $5,831 | $12,724 |
| Net assets or fund balances | $34,515 | $45,673 | $51,528 | $55,547 |
| Other Information | ||||
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No | |
| Total amount involved | $0 | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $402,551 |
| Subtotal | $402,551 |
| Gifts, grants, contributions, and membership fees received | $264,100 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $138,451 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $402,551 |
| Public support | $402,551 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Seattle Gun Club | 26520 292nd Ave Se Ste 3, Ravensdale, WA 98051-8633 | WA | 2009-11 | $657,057 |
| 2 | Usa Pickleball Association | 170 Power Ave, Seattle, WA 98122-6546 | WA | 2012-09 | $508,519 |
| 3 | United States Bowling Congress Inc, 80272 Washington State Usbc | 2525 Broadway Ste 4606, Everett, WA 98201-3020 | WA | 2004-09 | $336,073 |
| 4 | United States Bowling Congress Inc, 80279 South Sound Usbc | 4517 S M St, Tacoma, WA 98418-3738 | WA | 2004-09 | $171,345 |
| 5 | Us Quidditch Inc | Suite 30, Seattle, WA 98103 | WA | 2011-06 | $162,457 |
| 6 | Storm Aquatics | PO BOX 171, Lake Stevens, WA 98258-0171 | WA | 2004-07 | $150,749 |
| 7 | Uspc Newco Inc, Baywood | 5201 Boulevard Extension Rd Se, Olympia, WA 98501 | WA | 2002-09 | $128,743 |
| 8 | Washington Amateur Softball Association, Wasa | 14404 Ne 5th Ct, Vancouver, WA 98685-5768 | WA | 2014-07 | $121,277 |
| 9 | Rad Racing Nw | 7139 Cavalier Loop Sw, Olympia, WA 98512-7941 | WA | 2001-03 | $89,483 |
| 10 | Pacific Northwest Officials Group | 6183 Lincoln Dr, Ferndale, WA 98248-8787 | WA | 2015-04 | $82,060 |
| 11 | Ms Maris Martial Arts Club | 18023 E Lk Desire Dr Se, Renton, WA 98058-9555 | WA | 2014-07 | $76,145 |
| 12 | United States Bowling Congress Inc, 80280 Spokane County Usbc | 27915 N Dalton Rd, Deer Park, WA 99006-9709 | WA | 2004-09 | $70,857 |
| 13 | United States Bowling Congress Inc, 80288 Thurston County Usbc | 1637 Quasar Way Ne, Olympia, WA 98506-3495 | WA | 2004-09 | $55,254 |
| 14 | Tri-Cities Umpires Association | 922 Sanford Ave, Richland, WA 99352-3713 | WA | 2003-02 | $51,712 |
| 15 | Team Fasst | 22512 Ne 165th Ct, Woodinville, WA 98077-7453 | WA | 2006-11 | $41,671 |
| 16 | Sgc Soaring Foundation, Ronald K Ferguson Pres | PO BOX 7184, Bellevue, WA 98008-1184 | WA | 2001-07 | $40,352 |
| 17 | United States Bowling Congress Inc, Snohomish County Usbc | 2202 Summit Avenue, Everet, WA 98201 | WA | 2004-09 | $40,014 |
| 18 | Flying Ajs | 317 112th Ave Ne Apt 1108, Bellevue, WA 98004-6578 | WA | 2002-10 | $27,979 |
| 19 | United States Bowling Congress Inc, Kitsap Usbc Wba | 6945 Clover Valley Rd Se, Port Orchard, WA 98367 | WA | 2004-09 | $21,805 |
| 20 | United States Bowling Congress Inc, Palouse Regional Bowling Association | 1001 Mader Road, Palouse, WA 99161 | WA | 2004-09 | $14,357 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 6,596 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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