Us 13 Kart Club 2024 Inc
Nonprofit profile at a glance
- EIN
- 992949495
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Milton, DE, USA
- Phone
- 3025196540
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $75,384
- Expenses
- $39,763
- Assets
- $35,621
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MIKE PATCHETT (PRESIDENT)
- AARON HEADLEY (VICE PRESIDENT)
People named in this filing
- MIKE PATCHETT (PRESIDENT)
- ROBERT SEARCEY (TREASURER)
- MELYSSA FARMER (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
Promote safe and affordable go-karting
What it reported doing in 2024
To promote safe, affordable, and competitive go-kart racing, fostering a community where racers of all skill levels can enjoy the thrillof the sport while emphasizing sportsmansh
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 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 45
- Transparency & Controls: 82
- Sustainability: 70
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 33.7%; rating input score 34
- Program expense ratio: 63.9%; rating input score 64
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 47.3%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 33.7% of revenue deployed · 63.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.