Fastrax Bmx
EIN: 450372736 · Bismarck, ND · NTEE: N60
| Metric | Value |
|---|---|
| Total Expenses | $65K |
| Net Assets | $34K |
Is Fastrax Bmx Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fastrax Bmx
Fastrax Bmx (EIN: 450372736) is a nonprofit organization based in Bismarck, ND, classified under NTEE code N60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fastrax Bmx's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fastrax Bmx is a micro nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2013–2018). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $65K |
| Surplus / Deficit | +$7K |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | 10.3% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2018, Fastrax Bmx reported a surplus of $7K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2013–2018), Fastrax Bmx's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +19.5% | +14.9% | +27.7% |
| 2017 | +88.4% | +114.5% | +17.8% |
| 2016 | -37.2% | -58.3% | +34.3% |
| 2015 | +23.7% | +104.7% | -41.5% |
| 2014 | +8.7% | -17.9% | +56.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fastrax Bmx has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fastrax Bmx with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Frequently Asked Questions about Fastrax Bmx
Is Fastrax Bmx a legitimate charity?
Fastrax Bmx (EIN: 450372736) is a registered tax-exempt nonprofit based in North Dakota. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Fastrax Bmx spend its money?
Fastrax Bmx reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fastrax Bmx tax-deductible?
Fastrax Bmx is registered as a tax-exempt nonprofit (EIN: 450372736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fastrax Bmx located?
Fastrax Bmx is headquartered in Bismarck, North Dakota and files with the IRS under EIN 450372736. It is classified under NTEE code N60.
How many years of IRS 990 filings does Fastrax Bmx have?
Fastrax Bmx has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Fastrax Bmx showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2013–2018), Fastrax Bmx's revenue has grown by 90.2%, moving from $38K to $73K. Total assets increased by 85.3% over the same period, from $19K to $34K. Total functional expenses rose by 72.7%, from $38K to $65K. In its most recent filing year (2018), Fastrax Bmx reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $73K | $65K | $34K | $0 | — | View 990 |
| 2017 | $61K | $57K | $27K | $0 | — | — |
| 2016 | $32K | $26K | $23K | $0 | — | — |
| 2015 | $51K | $63K | $17K | $0 | — | — |
| 2014 | $42K | $31K | $29K | $0 | — | — |
| 2013 | $38K | $38K | $19K | $0 | — | — |
Year-by-Year Financial Summary
- 2018: Revenue of $73K, expenses of $65K, and assets of $34K (revenue +19.5% year-over-year).
- 2017: Revenue of $61K, expenses of $57K, and assets of $27K (revenue +88.4% year-over-year).
- 2016: Revenue of $32K, expenses of $26K, and assets of $23K (revenue -37.2% year-over-year).
- 2015: Revenue of $51K, expenses of $63K, and assets of $17K (revenue +23.7% year-over-year).
- 2014: Revenue of $42K, expenses of $31K, and assets of $29K (revenue +8.7% year-over-year).
- 2013: Revenue of $38K, expenses of $38K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fastrax Bmx:
Data Sources and Methodology
This transparency report for Fastrax Bmx is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.