CHAMPIONSHIP KART RACING ASSOC INC (EIN 030378936) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

DOUG MARSH

Phone

4192347394

Tax Period

2018-01-01 to 2018-12-31

CHAMPIONSHIP KART RACING ASSOC INC, founded in 2002, is a micro nonprofit that reported $39K in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year. Expenses of $34K left a modest 12% surplus.

Mission

EDUCATIONAL AND SOCIAL EVENTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $20,340

Program Service Revenue $18,646

Investment Income $0

Other Revenue $0

TOTAL REVENUE $38,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,372

Other Expenses $34,372

TOTAL EXPENSES $34,372

Year-over-Year Comparison

	2018	2017	Change
Revenue	$38,986	$41,749	-0.1%
Expenses	$34,372	$50,208	-0.3%
Net Income	$4,614	$-8,459	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK COTTON	TRUSTEE	001.00	Director	$0	$0	$0
LEE LINDSTROM	TRUSTEE	001.00	Director	$0	$0	$0
JEFF FAUBERT	TRUSTEE	001.00	Director	$0	$0	$0
SHAWN HEUTER	TRUSTEE	001.00	Director	$0	$0	$0
FRANK ANDRUSIS	TRUSTEE	001.00	Director	$0	$0	$0
DOUG MARSH	PRESIDENT	001.00	Officer	$0	$0	$0
JOHN NOVOSIELSKI	VICE PRESIDENT	001.00	Officer	$0	$0	$0
BOB DAVIS	SECRETARY	001.00	Officer	$0	$0	$0
JAMES DENHOLM	TREASURER	001.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2018	$38,986	$34,372	$28,071	$4,614

CHAMPIONSHIP KART RACING ASSOC INC