Civic Intelligence

Speedway Community Development Corporation

990EZ • Fiscal year 2019 • EIN 20-8396487

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 07, 2020

Organization ProfileN/A
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

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

55th percentile

5.1%

Faster asset growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-51%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$92,750

Up $4,519 (+5.1%) from 2018

Net Assets

Up

$92,750

Up $5,044 (+5.8%) from 2018

Liabilities

Down

$0

Down $525 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin95th percentile

Revenue

Down

$6,302

Down $6,546 (-51%) from 2018

Expenses

Down

$1,900

Down $9,495 (-83%) from 2018

Net Income

Up

$4,402

Up $2,949 (+203%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

2019

Assets$92,750
Liabilities$0
Net Assets$92,750
Open 2019 Filing

Operations Trend

Revenue Growth9th percentile

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

2019

Revenue$6,302
Expenses$1,900
Net Income$4,402
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 7, 2020
Return Version
2019v5.1
Gross Receipts
$6,302
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.$500$500
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVE LANGPresident-$0--
MAGGIE BISHOPVice President-$0--
ADAM GONZALEZSecretary-$0--
JOHN RELLERTreasurer-$0--
CARLOS MAYOfficer-$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
David Lang
Title
President
Phone
3172464100
Signed
2020-08-07

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: 49. Description: program expenses. Amount: 500. Description: bank charges. Amount: 128. Description: office supplies & software. Amount: 138. Total to form 990-ez, line 16: 815.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: prior period adjustment. Amount: 642.”

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

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

Raw XML Appendix160 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/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVE LANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAGGIE BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADAM GONZALEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOHN RELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CARLOS MAY
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/OtherChangesInNetAssetsAmt0642
IRS990EZ/OtherExpensesTotalAmt0815
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/ProgramServiceRevenueAmt05802
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SPONSORSHIP OF JR. BASEBALL/SOFTBALL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0500
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0525
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01900
IRS990EZ/TotalProgramServiceExpensesAmt0500
IRS990EZ/TotalRevenueAmt06302
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt019464
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt069316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0190900
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt087282
IRS990ScheduleA/OtherIncome170Grp/TotalAmt088432
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68340
IRS990ScheduleA/PublicSupportPY170Pct00.63930
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt069316
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0190900
IRS990ScheduleA/TotalSupportAmt0279332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 49. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 500. DESCRIPTION: BANK CHARGES. AMOUNT: 128. DESCRIPTION: OFFICE SUPPLIES & SOFTWARE. AMOUNT: 138. TOTAL TO FORM 990-EZ, LINE 16: 815.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 642.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 525. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID LANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03172464100
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-07
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/AtSubmissionFilingDeviceId069FDE0FCA6B6959D707F5308BCB93833B6F76445
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.222.35.158
ReturnHeader/FilingSecurityInformation/IPDt02020-08-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0US
ReturnHeader/FilingSecurityInformation/IPTm009:07:28
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/PreparationDt02020-08-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN W KELLER CPA
ReturnHeader/ReturnTs02020-08-25T09:51:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$92,750
Liabilities
$0
Net assets
$92,750
Revenue
$6,302
Expenses
$1,900
Net income
$4,402
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.06$0.02$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.01$0.88$0.13$0.11$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.00$0.86$0.33$0.99$0.65
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.00$1.51$1.15$2.35$1.20
2015Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$3.86$2.10$1.76
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$3.19$4.15$0.95
2013Summary only. Only limited summary data is available for this year.$1.55$0.04$1.51$4.23$4.18$0.05
2012Summary only. Only limited summary data is available for this year.$1.78$0.32$1.46$4.24$2.97$1.27
2011Summary only. Only limited summary data is available for this year.$0.24$0.05$1.13$1.15$0.01
2010Summary only. Only limited summary data is available for this year.$0.21$0.00$0.17$0.00$0.17