Phoenix Kart Racing Association (EIN 860430603) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Phone

5202477717

Tax Period

2024-01-01 to 2024-12-31

Phoenix Kart Racing Association, founded in 1996, is a small nonprofit that reported $535K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 19% operating margin.

Mission

PROMOTION OF KART SAFETY: MEMBERS ARE PROVIDED WITH EDUCATIONAL MATERIAL DIRECTLY RELATED TO THE PROMOTION OF KART SAFETY. SPECIAL EVENTS PROVIDE ADDITIONAL HANDS ON TRAINING

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $164,150

Program Service Revenue $370,699

Investment Income $359

Other Revenue $0

TOTAL REVENUE $535,208

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $433,892

Other Expenses $433,892

TOTAL EXPENSES $433,892

Year-over-Year Comparison

	2024	2023	Change
Revenue	$535,208	$404,738	+0.3%
Expenses	$433,892	$312,515	+0.4%
Net Income	$101,316	$92,223	+0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

$18,181

Total Directors

$20,826

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Haley	President	4.00	Officer Director	$0	$0	$0
David Hilburn	Vice President	4.00	Officer Director	$0	$0	$0
Bret Viney	Treasurer	4.00	Officer Director	$540	$0	$540
David Haraldsen	Secretary	16.00	Officer Director	$17,641	$0	$17,641
Richard Cordova	Director	4.00	Director	$2,505	$0	$2,505
Charles Bily	Director	4.00	Director	$0	$0	$0
Paul Hendricks	Director	4.00	Director	$140	$0	$140

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	$535,208	$433,892	$451,639	$101,316
2023	$404,738	$312,515	$350,323	$92,223
2022	$343,994	$429,928	$258,099	$-85,934
2021	$371,266	$278,906	$344,033	$92,360
2020	$280,323	$208,102	$251,673	$72,221
2019	$199,621	$197,734	$179,453	$1,887
2018	$209,143	$193,892	$187,096	$15,251

Phoenix Kart Racing Association