Tri-state Karting Inc
Only null% goes to programs Strong reserves Declining revenue
Tri-state Karting Inc is a 501(c)(3) organization based in Amarillo, Texas, registered in 1997, with $3,421 in FY2020 revenue. CharityIndex grades it F.
20000 Prairie Wind Rd, Amarillo, TX, 79124 EIN 75-2634867 Since 1997
Revenue (FY2020)
$3,421
▼ 93.8% vs prior year
Youth median: $163K
Expenses (FY2020)
$7,437
Net assets
$21K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-state Karting Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating34 mo reserves · -117% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-state Karting Inc: 34 mo reserves · -117% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-state Karting Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-state Karting Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 20000 Prairie Wind Rd, Amarillo, TX, 79124
- City
- Amarillo
- State
- Texas
- Category
- Youth Development
- Subcategory
- Youth Development Programs
- Website
- …
Financial trends
Revenue declined from $53K (FY2012) to $3,421 (FY2020) across 9 reported years.
Financial snapshot
Financial health & position (FY2020)
Liabilities $4Net assets $21K
Operating margin
-117.4%
Spent more than it raised in the latest fiscal year.
Total assets
$21K
Total liabilities
$4
Net assets
$21K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2020 | $3,421▼93.8% | $7,437▼83.5% | $21,225▼15.9% | $21,229▼15.9% | 990EZ |
| 2019 | $54,827▲1.1% | $45,184▼21.2% | $25,241▲61.8% | $25,245▲61.8% | 990EZ |
| 2018 | $54,229▲20.2% | $57,305▲14.8% | $15,598▼16.5% | $15,603▼16.5% | 990EZ |
| 2017 | $45,119▼9.7% | $49,919▼4.6% | $18,674▼20.4% | $18,680▼20.4% | 990EZ |
| 2016 | $49,968▼30.6% | $52,325▼15.5% | $23,474▼9.1% | $23,480▼9.1% | 990EZ |
| 2015 | $72,031▲21.1% | $61,889▼3.5% | $25,831▲64.6% | $25,836▲64.6% | 990EZ |
| 2014 | $59,486▼22.1% | $64,142▼6.7% | $15,689▼23.4% | $15,694▼23.3% | 990EZ |
| 2013 | $76,337▲43.2% | $68,784▲33.4% | $20,470▲87.6% | $20,472▲75.7% | 990EZ |
| 2012 | $53,298 | $51,555 | $10,910 | $11,650 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Tri-state Karting Inc a legitimate nonprofit?
- Yes. Tri-state Karting Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-2634867, based in Amarillo, Texas. Donations are tax-deductible.
- What is Tri-state Karting Inc's EIN?
- Tri-state Karting Inc's Employer Identification Number (EIN) is 75-2634867.
- How much revenue does Tri-state Karting Inc report?
- Tri-state Karting Inc reported $3,421 in total revenue on its fiscal year 2020 IRS Form 990 filing.
- What financial grade does Tri-state Karting Inc have?
- CharityIndex grades Tri-state Karting Inc F, based on financial health (reserves and operating margin).
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Data for Tri-state Karting Inc (EIN 75-2634867) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.