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QUARTER MIDGETS OF AMERICA INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
QUARTER MIDGETS OF AMERICA INC (EIN 95-6071171)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-06-08
IRS object ID
201731599349301133
Schema version
2016v3.0
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)
Return2017-06-08T14:49:54-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273388427PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLEARPATH ACCOUNTANTSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line120 W DRY CREEK CIR 200AddressLine1Txt
CityLITTLETONCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80120ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

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
Phone6109720362PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2161AddressLine1Txt
CityLITTLETONCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80120ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAPRIL HANSARDPersonNm
Person TitleTREASURER ELECTPersonTitleTxt
Phone3174626027PhoneNum
Signature2017-06-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCOLIN M GRUBBPreparerPersonNm
PTINP01229717PTIN
Phone7202834151PhoneNum
Preparation2017-06-08PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device IdDA0BFC1D7EEB97DFC8E3018F2B497D4275FCE6DAAtSubmissionCreationDeviceId
At Submission Filing Device Id639E43D7064DA110D86365B3D40C5518D435221FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAPRIL HANSARDPrincipalOfficerNm
Gross Receipts$284,315GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressHTTP://WWW.QUARTERMIDGETS.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionSANCTIONING 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 CLUBSActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers120TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$180,434PYProgramServiceRevenueAmt
CY Program Service Revenue$173,141CYProgramServiceRevenueAmt
PY Investment Income$7PYInvestmentIncomeAmt
CY Investment Income$18CYInvestmentIncomeAmt
PY Other Revenue$14,166PYOtherRevenueAmt
CY Other Revenue$111,156CYOtherRevenueAmt
PY Total Revenue$194,607PYTotalRevenueAmt
CY Total Revenue$284,315CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$205,402PYOtherExpensesAmt
CY Other Expenses$249,248CYOtherExpensesAmt
PY Total Expenses$205,402PYTotalExpensesAmt
CY Total Expenses$249,248CYTotalExpensesAmt
PY Revenues Less Expenses-$10,795PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$35,067CYRevenuesLessExpensesAmt
Total Assets BOY$162,821TotalAssetsBOYAmt
Total Assets EOY$83,982TotalAssetsEOYAmt
Total Liabilities BOY$100,562TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$62,259NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$83,982NetAssetsOrFundBalancesEOYAmt
MissionSAME AS PART 1, LINE 1MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$249,248ExpenseAmt
Revenue$173,141RevenueAmt
DescSAME AS PART 1, LINE 1Desc
Total Program Service Expenses$249,248TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
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 OrganizationsfalseGrantsToOrganizationsInd
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 RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
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 AddressYes (true)OfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLEARPATH ACCOUNTANTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7202834151PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120 W DRY CREEK CIRCLEAddressLine1Txt
Address Line2SUITE 200AddressLine2Txt
CityLITTLETONCityNm
State AbbreviationCOStateAbbreviationCd
ZIP80120ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAVID YOUNG
PRESIDENT12.000.00Yes (X)$0$0$0
DONNA OSBORN
VICE PRESIDE8.000.00Yes (X)$0$0$0
GINNY BARNARD
SECRETARY8.000.00Yes (X)$0$0$0
STACEY Y PERONE
TREASURER12.000.00Yes (X)$0$0$0
CHRIS WALSTER
SAFETY DIREC8.000.00Yes (X)$0$0$0
JERRY MOSTEK
TECH DIRECTO8.000.00Yes (X)$0$0$0
DEBBIE ZIMMERMAN
PUBLICITY DI8.000.00Yes (X)$0$0$0
APRIL HANSARD
TREASURER ELYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP FEES$135,995$135,995
RACE REGISTRATIONS$23,118$23,118
SPONSORSHIPS$9,000$9,000
CLUB CHARTERS$3,100$3,100
MISC INCOME$1,728$1,728

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$200TotalRevenueColumnAmt
Related Or Exempt Func Income$200RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$173,141TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$18TotalRevenueColumnAmt
Related Or Exempt Func Income$18RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TIRE INCOME 40810 TIRE REBATE$103,790$103,790
PRODUCT SALES 40410 RESTRICTO$7,366$7,366
FieldValueIRS element (for citing)
Other Revenue Total$111,156OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$284,315TotalRevenueColumnAmt
Related Or Exempt Func Income$284,315RelatedOrExemptFuncIncomeAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$40,500TotalAmt
Program Services$40,500ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,676TotalAmt
Program Services$4,676ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$110TotalAmt
Program Services$110ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,299TotalAmt
Program Services$5,299ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,864TotalAmt
Program Services$1,864ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$28,685TotalAmt
Program Services$28,685ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3TotalAmt
Program Services$3ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$577TotalAmt
Program Services$577ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,436TotalAmt
Program Services$1,436ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
TIRE REBATE EXPENSE$97,955$97,955
TRAVEL TO GRANDS$29,234$29,234
GRAND NATIONAL SPONSORSHI$9,000$9,000
POSTAGE AND DELIVERY$6,265$6,265

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$23,644TotalAmt
Program Services$23,644ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$249,248TotalAmt
Program Services$249,248ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$101,320BOYAmt
EOY$4,115EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$25,534BOYAmt
EOY$76,693EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$900EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,300BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$16,472BOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$39,562LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,466LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,017BOYAmt
EOY$1,096EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,178BOYAmt
EOY$1,178EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$162,821BOYAmt
EOY$83,982EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$18,412BOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$82,150BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$100,562BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$62,259BOYAmt
EOY$83,982EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$62,259BOYAmt
EOY$83,982EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$162,821BOYAmt
EOY$83,982EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$35,067ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$13,318PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$26OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,562OtherCostOrOtherBasisAmt
Depreciation$38,466DepreciationAmt
Book Value$1,096BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,096TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$284,315TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$284,315RevenueSubtotalAmt
Total Revenue Per Form990$284,315TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$249,274TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$26OtherExpensesIncludedAmt
Expenses Not Reported$26ExpensesNotReportedAmt
Expenses Subtotal$249,248ExpensesSubtotalAmt
Total Expenses Per Form990$249,248TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 4, PART XII, LINE 2DFormAndLineReferenceDesc
ExplanationBOOK / TAX DEPRECIATION DIFFERENCE 26ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 9DAVID YOUNG DONNA OSBORN GINNY BARNARD STACEY Y PERONE CHRIS WALSTER JERRY MOSTEK DEBBIE ZIMMERMAN APRIL HANSARD
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 PART VI IS FINISHED BY THE TAX PREPARER IT IS REVIEWED BY THE TREASURER AND OTHER OFFICERS OF THE ORGANIZATION. IT IS MADE AVAILABLE AT THE NATIONAL MEETING AND PUBLISHED ON ORGANIZATIONS WEBSITE.
FORM 990, PAGE 6, PART VI, LINE 19FORM 990 PART VI IS FINISHED BY THE TAX PREPARER IT IS REVIEWED BY THE TREASURER AND OTHER OFFICERS OF THE ORGANIZATION. IT IS MADE AVAILABLE AT THE NATIONAL MEETING AND PUBLISHED ON ORGANIZATIONS WEBSITE. THE ORGANIZATIONS RULEBOOK (PUBLISHED ANNUALLY) CONTAINS THIS INFORMATION, ALL MEMBERS RECEIVE THIS AFTER PAYMENT OF DUES AND ARE IN GOOD STANDING WITH THE ORGANIZATION. UPDATES OF CHANGES, ADDITIONS ARE PUBLISHED ON THE ORGANIZATION WEBSITE. THERE WERE NO CHANGES, ADDITIONS FOR THE YEAR 2015.
FORM 990, PART XI, LINE 9BOOK / TAX DEPRECIATION DIFFERENCE -26

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