philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

North Texas Karters INC

Tax-deductible

Lewisville, TX501(c)(3)Since 1995Recreation & SportsEIN 75-2591014

This page gets seen. Tell your story. Claim this org.

To encourage karting as a sport in a friendly and responsible manor, conduct karting events for both novice and expert in safe environment, provide educational instruction for proper kart maintance and driving.

501(c)(3) charity; gifts are tax-deductible.
Run by 250 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $68K a year · 25% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
13 mo
of spending, in cash
Looks good: 13.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
310
of 310 voting members
Looks good: 310 of 310 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$296K
+1% vs prior year
Spent
$221K
Net assets
$753K
By yearFY2021–FY2025
Revenue
$296K
FY2025▲ +1%
Revenue by fiscal year
FY2021$235K
FY2022$308K
FY2023$217K
FY2024$315K
FY2025$292K
FY2025$296K
Expenses
$221K
FY2025▲ +23%
Expenses by fiscal year
FY2021$225K
FY2022$229K
FY2023$199K
FY2024$194K
FY2025$180K
FY2025$221K
Net assets
$753K
FY2025▲ +11%
Net assets by fiscal year
FY2021$346K
FY2022$425K
FY2023$444K
FY2024$565K
FY2025$677K
FY2025$753K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $221K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Allen Bradley
President
$0Pt VII · Sec A
Matt Broderick
Vice President
$0Pt VII · Sec A
See North Texas Karters INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

North Texas Karters INC is a recreation and sports nonprofit based in Lewisville, TX, formed in 1995.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2025
01

Bi-Annual Races

Pt IX · col B

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$296K
Ln 12
Gifts and grantsLn 1h$187K
Fees for servicesLn 2g$103K
Other incomeLn 4–11$3K
Money outPt IX
$221K
Ln 25
Managementcol C$221K
Owns and owesPt X
$753K
net assets · Ln 32
Cash and savingsLn 1–2$243K
Total assetsLn 16$753K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a310
IndependentVI 1b310
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$187K
Fees for servicesLn 2g$103K
Investment incomeLn 3$2K
Other incomeLn 4–11$3K
Total revenueLn 12$296K
Assets in detailPt X, end of year
CashLn 1$133K
SavingsLn 2$110K
Cash and savings togetherLn 1–2$243K
Land, buildings, equipmentLn 10c$510K
Total assetsLn 16$753K
LiabilitiesLn 26$0
Net assetsLn 32$753K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6250
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$131K$243K
Land, buildings, equipmentLn 10c$545K$510K
Total assetsLn 16$677K$753K
LiabilitiesLn 26$0$0
Net assetsLn 32$677K$753K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$800$800
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$24K$24K
Information technologyLn 14$6K$6K
OccupancyLn 16$75K$75K
Conferences, conventions and meetingsLn 19$54K$54K
Depreciation, depletion and amortizationLn 22$35K$35K
InsuranceLn 23$22K$22K
Total functional expensesLn 25$221K$0$221K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $292K$180K$112K$677K 990 PDF
FY2024 $315K$194K$121K$565K 990 PDF
FY2023 $217K$199K$19K$444K 990 PDF
FY2022 $308K$229K$79K$425K 990 PDF
FY2021 $235K$225K$10K$346K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $296,138 across 7 lines filed
Lines not itemized here account for $2,908 of total revenue; see the IRS return.
VIII-1b Membership dues$123,186
VIII-1f All other contributions, gifts and grants$64,168
VIII-1h Total contributions, gifts and grants$187,354
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $103,422$103,422
VIII-3 Investment incomeRelated to mission $2,454$2,454
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $105,876 · Unrelated business $0 · Excluded from tax $0$296,138
Part IX · Statement of functional expenses $220,866 across 8 lines filed
IX-11c Accounting feesManagement $800$800
IX-12 Advertising and promotionManagement $3,720$3,720
IX-13 Office expensesManagement $23,836$23,836
IX-14 Information technologyManagement $6,291$6,291
IX-16 OccupancyManagement $74,776$74,776
IX-19 Conferences, conventions and meetingsManagement $53,577$53,577
IX-22 Depreciation, depletion and amortizationManagement $35,405$35,405
IX-23 InsuranceManagement $22,461$22,461
IX-25 Total functional expensesPrograms $0 · Management $220,866 · Fundraising $0$220,866
Part X · Balance sheet $752,530 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $131,404$132,877
X-2 Savings and temporary cash investments$109,844
X-10c Land, buildings and equipment, netStart of year $545,214$509,809
X-16 Total assetsStart of year $676,618$752,530
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $676,618$752,530
X-33 Total liabilities and net assetsStart of year $676,618$752,530
Part XI · Reconciliation of net assets $752,530 net assets at year end
XI-1 Total revenue$296,138
XI-2 Total expenses$220,866
XI-3 Revenue less expenses$75,272
XI-4 Net assets at start of year$676,618
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$752,530

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Export with similar orgs (CSV)
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.