Civic Intelligence

Speedway Community Development Corporation

990EZ • Fiscal year 2018 • EIN 20-8396487

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 11, 2019

1450 North Lynhurst DriveSpeedway, IN 46224

(317) 246-4120

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

52nd percentile

2.3%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-62%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$88,231

Up $1,978 (+2.3%) from 2017

Net Assets

Up

$87,706

Up $1,453 (+1.7%) from 2017

Liabilities

Up

$525

Up $525 from 2017

Revenue

Down

$12,848

Down $20,602 (-62%) from 2017

Expenses

Down

$11,395

Down $87,160 (-88%) from 2017

Net Income

Up

$1,453

Up $66,558 (+102%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $20,824Liabilities 2010: $02010Assets 2011: $24,115Liabilities 2011: $4,6122011Assets 2012: $177,728Liabilities 2012: $31,666Net Assets 2012: $146,0622012Assets 2013: $155,334Liabilities 2013: $4,089Net Assets 2013: $151,2452013Assets 2014: $56,016Liabilities 2014: $0Net Assets 2014: $56,0162014Assets 2015: $271,329Liabilities 2015: $0Net Assets 2015: $271,3292015Assets 2016: $151,358Liabilities 2016: $0Net Assets 2016: $151,3582016Assets 2017: $86,253Liabilities 2017: $0Net Assets 2017: $86,2532017Assets 2018: $88,231Liabilities 2018: $525Net Assets 2018: $87,7062018Assets 2019: $92,750Liabilities 2019: $0Net Assets 2019: $92,7502019

Highlighted filing

2018

Assets$88,231
Liabilities$525
Net Assets$87,706

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $17,222Expenses 2010: $0Net Income 2010: $17,2222010Revenue 2011: $113,305Expenses 2011: $114,626Net Income 2011: -$1,3212011Revenue 2012: $423,861Expenses 2012: $297,303Net Income 2012: $126,5582012Revenue 2013: $423,045Expenses 2013: $417,862Net Income 2013: $5,1832013Revenue 2014: $319,453Expenses 2014: $414,681Net Income 2014: -$95,2282014Revenue 2015: $385,721Expenses 2015: $209,874Net Income 2015: $175,8472015Revenue 2016: $114,743Expenses 2016: $234,714Net Income 2016: -$119,9712016Revenue 2017: $33,450Expenses 2017: $98,555Net Income 2017: -$65,1052017Revenue 2018: $12,848Expenses 2018: $11,395Net Income 2018: $1,4532018Revenue 2019: $6,302Expenses 2019: $1,900Net Income 2019: $4,4022019

Highlighted filing

2018

Revenue$12,848
Expenses$11,395
Net Income$1,453
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 11, 2019
Return Version
2018v3.1
Gross Receipts
$12,848
Mission and Program Overview

Mission

To encourage, support, and assist in activities, projects, and programs that further social, cultural, and economic redevelopment and rehabilitation in and around the town of speedway, indiana (the town); to encourage, support, and assist in the economic development of the town through activities and projects that are designed to stimulate capital investment and revitalization in and improvement of, public and other spaces throughout the town; to promote the social welfare of the town's residents by enhancing and improving the social, cultural, and economic conditions in and around the town; to foster, develop, and maintain conditions that contribute to the growth of business and employment opportunities in and around the town; to enhance and to beautify public areas and facilities, and generally to upgrade the effectiveness of the infrastructure in and around the town; and to conduct such other activities as are consistent with or ancillary to the above purposes.

Program Services

DescriptionGrantsExpenses
SPONSORSHIP OF JR. BASEBALL/SOFTBALL.$0$2,000
SPEEDWAY HOLIDAY ILLUMINATION$0$750
HOUSING REHABILITATION AND HOMEOWNER EMERGENCY ASSISTANCE.$0$401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WAYNE GRABMANPresident-$0--
MAGGIE BISHOPVice President-$0--
REGINA MORTSecretary-$0--
DAVID LANGTreasurer-$0--
JACOB BLASDELOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Speedway Community Development
EIN
20-8396487
Phone
3172464120
Address
1450 NORTH LYNHURST DRIVE, SPEEDWAY, IN 46224

Signing Officer

Name
Wayne Grabman
Title
President
Phone
3172464100
Signed
2019-07-11

Preparer

Firm
Greenwalt Cpas Inc
Address
5342 W VERMONT STREET, INDIANAPOLIS, IN 46224
Preparer
John W Keller CPA
Phone
3172412999
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 1,194. Description: program expenses. Amount: 2,401. Description: speedway holiday illumination. Amount: 750. Description: miscellaneous. Amount: 210. Description: bank charges. Amount: 120. Total to form 990-ez, line 16: 4,675.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 525.

Raw XML Appendix165 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum03172464120
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPEEDWAY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WAYNE GRABMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAGGIE BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2REGINA MORT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID LANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JACOB BLASDEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4OFFICER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04675
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ENCOURAGE, SUPPORT, AND ASSIST IN ACTIVITIES, PROJECTS, AND PROGRAMS THAT FURTHER SOCIAL, CULTURAL, AND ECONOMIC REDEVELOPMENT AND REHABILITATION IN AND AROUND THE TOWN OF SPEEDWAY, INDIANA (THE TOWN); TO ENCOURAGE, SUPPORT, AND ASSIST IN THE ECONOMIC DEVELOPMENT OF THE TOWN THROUGH ACTIVITIES AND PROJECTS THAT ARE DESIGNED TO STIMULATE CAPITAL INVESTMENT AND REVITALIZATION IN AND IMPROVEMENT OF, PUBLIC AND OTHER SPACES THROUGHOUT THE TOWN; TO PROMOTE THE SOCIAL WELFARE OF THE TOWN'S RESIDENTS BY ENHANCING AND IMPROVING THE SOCIAL, CULTURAL, AND ECONOMIC CONDITIONS IN AND AROUND THE TOWN; TO FOSTER, DEVELOP, AND MAINTAIN CONDITIONS THAT CONTRIBUTE TO THE GROWTH OF BUSINESS AND EMPLOYMENT OPPORTUNITIES IN AND AROUND THE TOWN; TO ENHANCE AND TO BEAUTIFY PUBLIC AREAS AND FACILITIES, AND GENERALLY TO UPGRADE THE EFFECTIVENESS OF THE INFRASTRUCTURE IN AND AROUND THE TOWN; AND TO CONDUCT SUCH OTHER ACTIVITIES AS ARE CONSISTENT WITH OR ANCILLARY TO THE ABOVE PURPOSES.
IRS990EZ/ProgramServiceRevenueAmt08185
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SPONSORSHIP OF JR. BASEBALL/SOFTBALL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HOUSING REHABILITATION AND HOMEOWNER EMERGENCY ASSISTANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2SPEEDWAY HOLIDAY ILLUMINATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1401
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2750
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TotalProgramServiceExpensesAmt03151
IRS990EZ/TotalRevenueAmt012848
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt019464
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt069316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0159952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0350352
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01150
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt0197691
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0350352
IRS990ScheduleA/TotalSupportAmt0548043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 1,194. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 2,401. DESCRIPTION: SPEEDWAY HOLIDAY ILLUMINATION. AMOUNT: 750. DESCRIPTION: MISCELLANEOUS. AMOUNT: 210. DESCRIPTION: BANK CHARGES. AMOUNT: 120. TOTAL TO FORM 990-EZ, LINE 16: 4,675.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 525.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE GRABMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03172464100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPEEDWAY COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SPEE
ReturnHeader/Filer/EIN0208396487
ReturnHeader/Filer/PhoneNum03172464120
ReturnHeader/Filer/USAddress/AddressLine1Txt01450 NORTH LYNHURST DRIVE
ReturnHeader/Filer/USAddress/CityNm0SPEEDWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046224
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CB458A3E9F3B824B1DE94C2FF269DEC5518C936E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.149.79.53
ReturnHeader/FilingSecurityInformation/IPDt02019-07-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0US
ReturnHeader/FilingSecurityInformation/IPTm010:02:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351489521
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREENWALT CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05342 W VERMONT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046224
ReturnHeader/PreparerPersonGrp/PhoneNum03172412999
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN W KELLER CPA
ReturnHeader/ReturnTs02019-07-31T09:11:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings