Quarter Midgets of America Inc
Nonprofit profile at a glance
- EIN
- 956071171
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2018, Form 990-EZ 2024
- Location
- San Diego, CA, USA
- Phone
- 2067955980
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development N.E.C.
Reported finances
- Revenue
- $129,719
- Expenses
- $136,363
- Assets
- $158,787
- Liabilities
- $325
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DENISE SMUTNY (PRESIDENT)
People named in this filing
- DENISE SMUTNY (PRESIDENT)
- CRAIG DELLAROCCO (VICE PRESIDE)
- FLANNERY OLSON (SECRETARY)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sanctioning body to teach kids to become good drivers thru sportsmanship, cooperation, through quarter midget racing, operating and maintaining race tracks, for members, currently sanctioning approx 30 active clubs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 42
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.2%; rating input score 77
- Program expense ratio: 73.4%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.1%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 1.16; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -7.6% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: -10.3% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 77.2% of revenue deployed · 73.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $100K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- 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: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 22/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.