International Kart Federation Inc

Nonprofit profile at a glance

EIN
952077657
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018
Location
San Jose, CA, USA
Phone
9099234999
Rating confidence
Limited
Sector
International, Foreign Affairs, and National Security N.E.C.

Reported finances

Revenue
$77,074
Expenses
$109,033
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Roger Miller (President)
  • Don Durbin (Vice President)

People named in this filing

  • Roger Miller (President)
  • Tim Trostel (Director)
  • Jack Hoegerl (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

International Kart Federation Inc. is an organization formed in 1957 as a governing body for the sport of amateur kart racing programs throughout the United States.

What it reported doing in 2018

The Organization primarily formulates rules, regulations, and class standards for karting competition and kart driver safety. It sanctions karting events at member tracks, and evaluates and makes recommendations for approved safety aspects of those tracks and the competition equipment. The organization processes approximately 1,000 memberships per year, and records all individual member competition credits throughout the year. These activities provide the class structure and levels of competition for national karting events.The organization also administers pit-pass programs for all members and member tracks, which provides coverage of liability and medical coverage in connection with karting activities. The organization publishes Karter News Magazine, which is a technical inspection manual and includes engine/parts homologation processes for use by individual members and area governors and coordinator. The publication also advises members of updates, changes and race dates and locations.International Kart Federation conducts election for its Board of Directors, and for area governors. It is the oldest sanctioning organization in karting.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 74
  • Sustainability: 13
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -41.5%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.3% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: -24.2% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.