Racing For Kids
Harbor Spgs, Michigan
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$249K
Total Revenue
📊
$290K
Total Expenses
🏦
$161K
Net Assets
📋
$24K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-43.0%
Year-over-year change (2022 → 2023)
Net Margin
-16.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.56
Net assets divided by total expenses
Liabilities-to-Assets
12.8%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $249,174↓43% | $289,894↓26% | $184,863↓9% | — |
| 2022 | $437,286↑10% | $391,844↑17% | $203,478↑29% | — |
| 2021 | $396,305↑80% | $333,724↑53% | $157,956↑65% | — |
| 2020 | $220,496↓52% | $218,817↓48% | $95,970↑2% | — |
| 2019 | $455,144↑16% | $423,231↑4% | $94,533↑50% | — |
| 2018 | $391,686 | $407,733↓3% | $63,012↓21% | — |
| 2017 | $389,997↓8% | $421,591↓1% | $79,277↓29% | — |
| 2016 | $421,946↑43% | $426,381↓1% | $111,528↓3% | — |
| 2015 | $294,465↓26% | $432,364↑9% | $114,815↓55% | — |
| 2014 | $398,365↓1% | $395,953↑13% | $252,941↑1% | — |
| 2013 | $403,220↓3% | $350,541↑23% | $250,483↑27% | — |
| 2012 | $417,225↑45% | $284,103↓20% | $197,286↑208% | — |
| 2011 | $288,345 | $357,299 | $64,090 | — |
Frequently Asked Questions
What does Racing For Kids do?▼
Racing For Kids is a health care nonprofit organization based in Michigan. It is classified under NTEE code E86 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Racing For Kids financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Racing For Kids.
How much revenue does Racing For Kids generate?▼
Racing For Kids reports $312K in annual revenue and holds $118K in total assets, based on IRS filings.
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