Northern Nevada Kart Club
EIN: 352656187 · Reno, NV · NTEE: N99
| Metric | Value |
|---|---|
| Total Revenue | $162K |
| Total Expenses | $102K |
| Net Assets | $52K |
Is Northern Nevada Kart Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northern Nevada Kart Club
Northern Nevada Kart Club (EIN: 352656187) is a nonprofit organization based in Reno, NV, classified under NTEE code N99. The organization reported total revenue of $162K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Nevada Kart Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern Nevada Kart Club is a small nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $102K |
| Surplus / Deficit | +$17K |
| Total Assets | $54K |
| Total Liabilities | $2K |
| Net Assets | $52K |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Northern Nevada Kart Club reported a surplus of $17K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Northern Nevada Kart Club's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.7% | -41.1% | +42.7% |
| 2022 | +119.2% | +151.7% | -5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northern Nevada Kart Club 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 Northern Nevada Kart Club 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Northern Nevada Kart Club
Is Northern Nevada Kart Club a legitimate charity?
Northern Nevada Kart Club (EIN: 352656187) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $162K. No red flags identified. Financial health grade: A.
How does Northern Nevada Kart Club spend its money?
Northern Nevada Kart Club reported $162K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northern Nevada Kart Club tax-deductible?
Northern Nevada Kart Club is registered as a tax-exempt nonprofit (EIN: 352656187). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northern Nevada Kart Club located?
Northern Nevada Kart Club is headquartered in Reno, Nevada and files with the IRS under EIN 352656187. It is classified under NTEE code N99.
How many years of IRS 990 filings does Northern Nevada Kart Club have?
Northern Nevada Kart Club has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $162K in total revenue.
Filing History
IRS 990 filing history for Northern Nevada Kart Club showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Northern Nevada Kart Club's revenue has grown by 51.9%, moving from $78K to $119K. Total assets increased by 35.4% over the same period, from $40K to $54K. Total functional expenses rose by 48.3%, from $69K to $102K. In its most recent filing year (2023), Northern Nevada Kart Club reported a surplus of $17K, with revenue exceeding expenses. The organization holds $2K in liabilities against $54K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $102K | $54K | $2K | — | View 990 |
| 2022 | $171K | $173K | $38K | $0 | — | View 990 |
| 2021 | $78K | $69K | $40K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $102K, and assets of $54K (revenue -30.7% year-over-year).
- 2022: Revenue of $171K, expenses of $173K, and assets of $38K (revenue +119.2% year-over-year).
- 2021: Revenue of $78K, expenses of $69K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern Nevada Kart Club:
Data Sources and Methodology
This transparency report for Northern Nevada Kart Club 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.