QUARTER MIDGETS OF AMERICA INC: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
QUARTER MIDGETS OF AMERICA INC (EIN 95-6071171)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-20
IRS object ID
202501409349200945
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-20T17:24:58-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN475278347PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALLISON & GIBB LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line131351 VIA COLINAS STE 202AddressLine1Txt
CityWESTLAKE VILLAGECityNm
State AbbreviationCAStateAbbreviationCd
ZIP913624561ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN956071171EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1QUARTER MIDGETS OF AMERICA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlQUARBusinessNameControlTxt
Phone2067955980PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11820 LAW STAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92109ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENISE SMUTNYPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2067955980PhoneNum
Signature2025-05-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA A ALLISONPreparerPersonNm
PTINP01971329PTIN
Phone8183946689PhoneNum
Preparation2025-05-20PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.QUARTERMIDGETS.ORGWebsiteAddressTxt
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$129,719GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$25,350ContributionsGiftsGrantsEtcAmt
Program Service Revenue$21,827ProgramServiceRevenueAmt
Membership Dues$75,662MembershipDuesAmt
Investment Income$14InvestmentIncomeAmt
Other Revenue Total$6,866OtherRevenueTotalAmt
Total Revenue$129,719TotalRevenueAmt
Grants And Similar Amounts Paid$2,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$8,788FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$1,511PrintingPublicationsPostageAmt
Other Expenses Total$124,064OtherExpensesTotalAmt
Total Expenses$136,363TotalExpensesAmt
Excess Or Deficit For Year-$6,644ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$165,106NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$158,462NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$123,030BOYAmt
EOY$131,855EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$43,541BOYAmt
EOY$26,932EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$166,571BOYAmt
EOY$158,787EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,465BOYAmt
EOY$325EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$165,106BOYAmt
EOY$158,462EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeSANCTIONING 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.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomSANCTIONING 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.DescriptionProgramSrvcAccomTxt
Grants And Allocations$2,000GrantsAndAllocationsAmt
Program Service Expenses$100,125ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$100,125TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (7 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
DENISE SMUTNY
PRESIDENT20.00$0
CRAIG DELLAROCCO
VICE PRESIDE10.00$0
FLANNERY OLSON
SECRETARY20.00$0
NICOL VENARD
TREASURER20.00$0
PAUL WAGAR
SAFETY DIREC5.00$0
GRANT BENNET
TECH DIRECTO10.00$0
KIM JOHNSON
PUBLICITY DI10.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNICOLE VENARDPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11820 LAW STAddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92109ZIPCd
FieldValueIRS element (for citing)
Phone2067955980PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 8PRODUCT SALES 6,866 TOTAL 6,866
FORM 990-EZ, PART I, LINE 16EXPENSES ADVERTISING 9,610 OFFICE SUPPLIES 1,538 INFORMATION TECHNOLOGY 6,960 TRAVEL 38,685 CONFERENCES AND MEETINGS 7,049 INTEREST EXPENSE 284 INSURANCE 32,326 GRAND NATIONAL EXPENSE 3,035 BANK & MERCHANT FEES 2,642 DUES & SUBSCRIPTIONS 5,918 TELEPHONE 1,017 NON-INVESTMENT DEPRECIATION 15,000 TOTAL 124,064
FORM 990-EZ, PART II, LINE 24ACCOUNTS RECEIVABLE 1,000 1,000 PREPAID EXPENSES AND DEFERRED CHARGES 6,413 4,804 SOFTWARE 45,000 45,000 LESS ACCUMULATED DEPRECIATION 13,750 28,750 TRADEMARKS 1,178 1,178 LOANS TO ORQMA 3,700 3,700 TOTAL 43,541 26,932
FORM 990-EZ, PART II, LINE 26ACCOUNTS PAYABLE AND ACCRUED EXPENSES 640 325 CREDIT CARD 825 0
FORM 990-EZ, PART IIISANCTIONING 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.

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