BADGER MIDGET AUTO RACING ASSOCIATION INC

EIN: 396075535

SUN PRAIRIE, WI

Total Revenue
$229,205
Total Expenses
$226,540
Total Assets
$43,753
Net Assets
$43,753
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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
1942
Legal Domicile
WI
Principal Officer
JAMES SCHULENBURG
Phone
6085761946
Tax Period
2023-01-01 to 2023-12-31

BADGER MIDGET AUTO RACING ASSOCIATION INC, founded in 1942, is a small nonprofit that reported $229K in total revenue in fiscal year 2023.

Mission

AUTO RACING EVENTS OR SERIES

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $14,330
Program Service Revenue $214,797
Investment Income $15
Other Revenue $63
TOTAL REVENUE $229,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $226,540
TOTAL EXPENSES $226,540

Year-over-Year Comparison

2023 2022 Change
Revenue $229,205 N/A N/A
Expenses $226,540 N/A N/A
Net Income $2,665 N/A N/A
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

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Governance

Voting Members
14
Independent Members
100
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
QUINN MCCABE PRESIDENT 005.00
Officer
$0 $0 $0
LINDA BREDESON SECRETARY 005.00
Officer
$0 $0 $0
MIKE STROIK VICE-PRES 005.00
Officer
$0 $0 $0
JIM SCHULENBURG TREASURER 005.00
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
2024 No data No data No data No data
2023 $229,205 $226,540 $43,753 $2,665
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