PHILLIPS COUNTY MOTOR SPORTS: Form 990EZ, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PHILLIPS COUNTY MOTOR SPORTS (EIN 41-2091901)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-08-26
- IRS object ID
- 202532389349200113
- Schema version
- 2024v5.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-08-26T11:00:16-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 810415266 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHMS PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1239 | AddressLine1Txt |
| City | MALTA | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59538 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 412091901 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILLIPS COUNTY MOTOR SPORTS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PHIL | BusinessNameControlTxt |
| Phone | 4066542430 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 31 | AddressLine1Txt |
| City | MALTA | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59538 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOURDES CAVEN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4066542430 | PhoneNum |
| Signature | 2025-08-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARTIN A JOHNSON CPA | PreparerPersonNm |
| PTIN | P00097561 | PTIN |
| Phone | 4066541575 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.PCMOTORSPORTS.ORG | WebsiteAddressTxt |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $152,551 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $68,393 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $60,217 | ProgramServiceRevenueAmt |
| Investment Income | $431 | InvestmentIncomeAmt |
| Fundraising Gross Income | $18,608 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $2,621 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $15,987 | SpecialEventsNetIncomeLossAmt |
| Gross Sales Of Inventory | $4,902 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $4,834 | CostOfGoodsSoldAmt |
| Gross Profit Loss Sls Of Invntry | $68 | GrossProfitLossSlsOfInvntryAmt |
| Total Revenue | $145,096 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $1,600 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $16,338 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $17,320 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $415 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $65,141 | OtherExpensesTotalAmt |
| Total Expenses | $100,814 | TotalExpensesAmt |
| Excess Or Deficit For Year | $44,282 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $50,507 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $94,789 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,471 | BOYAmt |
| EOY | $60,894 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,791 | BOYAmt |
| EOY | $44,328 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,811 | BOYAmt |
| EOY | $1,344 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,073 | BOYAmt |
| EOY | $106,566 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,566 | BOYAmt |
| EOY | $11,777 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,507 | BOYAmt |
| EOY | $94,789 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THE BUSINESS PURPOSE OF THIS CORPORATION SHALL BE TO WORK FOR THE PROMOTION AND ECONOMIC DEVELOPMENT AND TOURISM IN PHILLIPS COUNTY, IN THE STATE OF MONTANA. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | THE BUSINESS AND PURPOSE OF THIS ORGANIZATION SHALL BE TO WORK FOR THE PROMOTION AND ECONOMIC DEVELOPMENT AND TOURISM IN PHILLIPS COUNTY, IN THE STATE OF MONTANA | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $0 | ProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (11 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| DAN STOUT | ||||
| PRESIDENT | 1.00 | $0 | $0 | $0 |
| SHANE CARNAHAN | ||||
| VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| LOURDES CAVEN | ||||
| SECRETARY/TREASURER | 1.00 | $0 | $0 | $0 |
| DENNY OVERCAST | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| JAKE HENTGES | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| FRANK BALDICK | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAN OLSON | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| CHRIS CAVEN | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| TERRY TOWNSEND | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| JESSE DOBSON | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEVE NEIFFER | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOURDES CAVEN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9 SADDLE BUTTE DR | AddressLine1Txt |
| City | HAVRE | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4069454997 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AUCTION INCOME | Event1Nm |
| Gross Receipts Event1 | $18,608 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $18,608 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $2,621 | CashPrizesEvent1Amt |
| Gross Receipts Total | $18,608 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $18,608 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $2,621 | CashPrizesTotalEventsAmt |
| Direct Expense Summary Events | $2,621 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $15,987 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME | DESCRIPTION: INTEREST. AMOUNT: 431. TOTAL TO FORM 990-EZ, LINE 14: 17,320. |
| FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY | INCOME: GROSS RECEIPTS: 4,902. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 4,834. GROSS PROFIT: 68. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 4,834. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 4,834. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: SCHOLARSHIPS. DATE OF GIFT: 02/25/24. AMOUNT GIVEN: 1,500. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: DONATION. GRANTEE NAME: MALTA BOYS & GIRLS CLUB. GRANTEE ADDRESS: 101 S 7TH W MALTA, MT 59538. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 04/02/24. AMOUNT GIVEN: 100. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 1,600. |
| FORM 990-EZ, PART I, LINE 14 | DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 13,930. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,390. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: WINNINGS PAYOUT. AMOUNT: 39,678. DESCRIPTION: SUPPLIES. AMOUNT: 8,574. DESCRIPTION: INSURANCE. AMOUNT: 6,977. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,084. DESCRIPTION: TRAVEL & FUEL. AMOUNT: 1,211. DESCRIPTION: ADVERTISING. AMOUNT: 841. DESCRIPTION: FEES. AMOUNT: 600. DESCRIPTION: MEALS. AMOUNT: 1,623. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 699. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,854. TOTAL TO FORM 990-EZ, LINE 16: 65,141. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: SOFTWARE UPGRADES, NET OF AMORTIZATION. BEG. OF YEAR AMOUNT: 2,811. END OF YEAR AMOUNT: 1,344. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: FIRST STATE BANK LOAN. BEG. OF YEAR AMOUNT: 16,602. END OF YEAR AMOUNT: 11,727. DESCRIPTION: ROUNDING. BEG. OF YEAR AMOUNT: 9. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 2,955. END OF YEAR AMOUNT: 50. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. | DeclarationDesc |