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Nonprofit · EIN 75-2591014

NORTH TEXAS KARTERS INC

Tax-exempt · LEWISVILLE, TX 75067

Financials

$315K$194K2023$292K$180K2024$296K$221K2025
Revenue Expenses · by fiscal year end
Financials of NORTH TEXAS KARTERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2026990$296,138$220,866$75,272$752,530$0$752,530
February 28, 2025990$291,884$180,190$111,694$676,618$0$676,618
February 29, 2024990$315,041$193,729$121,312$565,384$0$565,384
Financial details: 990 for the year ended February 28, 2026

Revenue

Contributions, gifts and grants
$187,354
Membership dues
$123,186
Program service revenue
$103,422
Investment income
$2,454
Net income from sales of inventory
$2,908
Other revenue
$2,908

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$800
Occupancy
$74,776
Depreciation
$35,405
Management and general (functional)
$220,866

Balance sheet and other

Total assets, start of year
$676,618
Total assets, end of year
$752,530
Total liabilities, end of year
$0
Net assets, end of year
$752,530
Land, buildings and equipment
$509,809
Gross receipts
$340,909
Employees
0
Volunteers
250
Year formed
1995
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended February 28, 2026, highest compensation first.

NameTitleHours / weekCompensation
ROBERT SCHABELTreasurer
Officer
0$0
ALLEN BRADLEYPresident
Officer
0$0
MATT BRODERICKVice President
Officer
0$0
990 for the year ended February 28, 2025: 3 people
NameTitleHours / weekCompensation
ROBERT SCHABELTreasurer
Officer
0$0
ALLEN BRADLEYPresident
Officer
0$0
MATT BRODERICKVice President
Officer
0$0
990 for the year ended February 29, 2024: 3 people
NameTitleHours / weekCompensation
ROBERT SCHABELTreasurer
Officer
–$0
ALLEN BRADLEYPresident
Officer
–$0
MATT BRODERICKVice President
Officer
–$0

Address and contacts

Address (IRS master file)
1320 SADDLEBACK LN, LEWISVILLE, TX 75067-5520
In care of
% ROBERT SCHABEL
Principal officer (990 for 2025)
Robert Schabel, 1320 Saddleback Lane, Lewisville, TX 75067
Signed the 990
ROBERT SCHABEL, Treasurer
Phone
(940) 230-4334

Mission

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.

990 for the year ended February 28, 2026

Program accomplishments

  • Bi-Annual Races

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026990 on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
75-2591014
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$752,530
Income (IRS master file)
$340,909

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2026$296,138$220,866$752,530XML
990February 2025$291,884$180,190$676,618IRS
990February 2024$315,041$193,729$565,384XML
990February 2023$217,405$198,727$444,071IRS
990February 2022–––IRS
990February 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2591014).

Questions about NORTH TEXAS KARTERS INC

What is the EIN of NORTH TEXAS KARTERS INC?
The employer identification number (EIN) of NORTH TEXAS KARTERS INC is 75-2591014.
Is NORTH TEXAS KARTERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to NORTH TEXAS KARTERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH TEXAS KARTERS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NORTH TEXAS KARTERS INC due?
The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH TEXAS KARTERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2026.
Who is the principal officer of NORTH TEXAS KARTERS INC?
The 990 for the year ended February 28, 2026 names Robert Schabel.
Who are the officers and directors of NORTH TEXAS KARTERS INC?
The 990 for the year ended February 28, 2026 lists 3 people; 0 received compensation from the organization.
How much revenue does NORTH TEXAS KARTERS INC have?
On its 990 for the year ended February 28, 2026 it reported revenue of $296,138, expenses of $220,866 and total assets of $752,530 at year end.

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