everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Racing Thoughts Inc

Brooklyn, NY / EIN 13-3835811 / Form 990-EZ / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011144,428124,44519,9836.1
2012128,842100,53528,30710.9
201388,74587,3361,40912.7
201487,19890,468−3,27011.9
201557,02760,654−3,62717.0
2016128,905137,869−8,9646.7
201748,79743,5295,26822.2
201899,357101,810−2,4539.2
201945,34941,4863,86323.7
202057,39032,35425,03639.7
202146,03125,69920,33259.5
202247,53537,8649,67143.4
202396,992122,781−25,78910.9
202497,89480,66117,23319.1

In its most recent public year (2024), this organization brought in $17,233 more than it spent. Its reserves stood at about 19.1 months of spending, up from 6.1 in 2011.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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