UTAH MOTORSPORTS FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
UTAH MOTORSPORTS FOUNDATION (EIN 87-0628481)
Tax period
2017-05-01 to 2018-04-30
Filed
2018-09-17
IRS object ID
201822609349301162
Schema version
2017v2.2
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

FieldValueIRS element (for citing)
Return2018-09-17T09:58:39-07:00ReturnTs
Tax Period End2018-04-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1B TAYLOR & ASSOCIATES CPA'S PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12102 E 3300 SAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84109ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-05-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN870628481EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UTAH MOTORSPORTS FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUTAHBusinessNameControlTxt
Phone8015339179PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1764 WEST SOUTH TEMPLEAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84104ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMIKE NISHPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8015339179PhoneNum
Signature2018-09-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBECKY B TAYLORPreparerPersonNm
PTINP00047213PTIN
Phone8014864360PhoneNum
Preparation2018-09-17PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMIKE NISHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1764 W SOUTH TEMPLEAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84104ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$40,319GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateUTLegalDomicileStateCd
Activity Or MissionRAISING FUNDS TO ASSIST INDIVIDUALS IN NEED IN THE MOTORSPORTS INDUSTRYActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$563TotalGrossUBIAmt
PY Contributions Grants$42,390PYContributionsGrantsAmt
CY Contributions Grants$39,756CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$622PYInvestmentIncomeAmt
CY Investment Income$563CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$43,012PYTotalRevenueAmt
CY Total Revenue$40,319CYTotalRevenueAmt
PY Grants And Similar Paid$9,860PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$30,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$201CYTotalFundraisingExpenseAmt
PY Other Expenses$4,149PYOtherExpensesAmt
CY Other Expenses$2,246CYOtherExpensesAmt
PY Total Expenses$14,009PYTotalExpensesAmt
CY Total Expenses$32,246CYTotalExpensesAmt
PY Revenues Less Expenses$29,003PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,073CYRevenuesLessExpensesAmt
Total Assets BOY$600,590TotalAssetsBOYAmt
Total Assets EOY$609,116TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$600,590NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$609,116NetAssetsOrFundBalancesEOYAmt
MissionRAISING FUNDS TO ASSIST INDIVIDUALS IN NEED IN THE MOTORSPORTS INDUSTRYMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$20,000ExpenseAmt
DescGAVE ASSISTANCE TO 8 INDIVIDUALS TO ASSIST THEM WITH THEIR MEDICAL NEEDSDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$7,500ExpenseAmt
Grant$4,500GrantAmt
DescGAVE ASSISTANCE TO 2 INDIVIDUALS TO ASSIST THEM WITH THEIR FINANCIAL NEEDSDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,500ExpenseAmt
DescGAVE ASSISTANCE TO 2 FAMILIES TO ASSIST THEM WITH FUNERAL EXPENSES FOR THEIR FAMILY MEMBERDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$30,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHE FOUNDATIONPersonNm
Phone8013280629PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1764 WEST SOUTH TEMPLEAddressLine1Txt
CitySALT LAKE CITYCityNm
State AbbreviationUTStateAbbreviationCd
ZIP84104ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
TERRY NISH
TRUSTEE5.00Yes (X)$0$0$0
LARRY LAWSON
TRUSTEE1.00Yes (X)$0$0$0
MIKE CHAPMAN
TRUSTEE1.00Yes (X)$0$0$0
PAT SULLIVAN
TRUSTEE1.00Yes (X)$0$0$0
NICK NACCARATO
TRUSTEE1.00Yes (X)$0$0$0
CECIL MCCRAY
TRUSTEE5.00Yes (X)$0$0$0
MIKE NISH
TRUSTEE5.00Yes (X)$0$0$0
SAM JAMES
TRUSTEE1.00Yes (X)$0$0$0
BRYAN DELANEY
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$39,756FundraisingAmt
Total Contributions$39,756TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$563TotalRevenueColumnAmt
Unrelated Business Revenue$563UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$39,756ContriRptFundraisingEventAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,319TotalRevenueColumnAmt
Unrelated Business Revenue$563UnrelatedBusinessRevenueAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$30,000TotalAmt
Program Services$30,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$845TotalAmt
Program Services$0ProgramServicesAmt
Management And General$845ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$201TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$201FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,200TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,200ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$32,246TotalAmt
Program Services$30,000ProgramServicesAmt
Management And General$2,045ManagementAndGeneralAmt
Fundraising$201FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$148,197BOYAmt
EOY$59,116EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$452,393BOYAmt
EOY$550,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$600,590BOYAmt
EOY$609,116EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$600,590BOYAmt
EOY$609,116EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$600,590BOYAmt
EOY$609,116EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$600,590BOYAmt
EOY$609,116EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$8,073ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,064CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$54,068CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,063CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,390CurrentTaxYearMinus1YearAmt
Current Tax Year$39,757CurrentTaxYearAmt
Total$245,342TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,064CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$54,068CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$67,063CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,390CurrentTaxYearMinus1YearAmt
Current Tax Year$39,757CurrentTaxYearAmt
Total$245,342TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$245,342PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$480CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$630CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$622CurrentTaxYearMinus1YearAmt
Total$1,958TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$480CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$630CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$226CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$622CurrentTaxYearMinus1YearAmt
Total$1,958TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$247,300TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99210PublicSupportCY509Pct
Public Support PY5090.99060PublicSupportPY509Pct
Investment Income CY0.00790InvestmentIncomeCYPct
Investment Income PY0.00940InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 2TERRY NISH IS MIKE NISH'S FATHER
Pt VI, Line 11bCOPIES OF 990 ARE MADE AVAILABLE IN PDF FORMAT AND EMAILED PER REQUEST
Pt VI, Line 19COPIES OF ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVALIABLE TO THE PUBLIC UPON REQUEST

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