Civic Intelligence

Scholarships for Speedwayinc

EIN 46-3250448 • 501(c)3 • Speedway, IN

Profile

To create scholarships for the youth of speedway.

5335 West 25th StreetSpeedway, IN 46224

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

22nd percentile

-22%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

51st percentile

-1.0%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$230,243

Down $2,287 (-1.0%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$230,243

No earlier filing loaded for comparison.

Revenue

Up

$103,599

Up $13,278 (+15%) from 2023

Expenses

Up

$126,145

Up $16,927 (+15%) from 2023

Net Income

Down

-$22,546

Down $3,649 (-19%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2013: $247,139Liabilities 2013: $02013Assets 2014: $277,621Net Assets 2014: $277,6212014Assets 2015: $262,423Net Assets 2015: $262,4232015Assets 2016: $264,999Liabilities 2016: $02016Assets 2017: $289,144Net Assets 2017: $289,1442017Assets 2018: $268,709Liabilities 2018: $02018Assets 2019: $284,683Net Assets 2019: $284,6832019Assets 2020: $286,541Net Assets 2020: $286,5412020Assets 2021: $303,599Net Assets 2021: $303,5992021Assets 2022: $234,521Net Assets 2022: $234,5212022Assets 2023: $232,530Liabilities 2023: $02023Assets 2024: $230,243Net Assets 2024: $230,2432024

Highlighted filing

2024

Assets$230,243
Liabilities-
Net Assets$230,243

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $405Expenses 2013: $14Net Income 2013: $3912013Revenue 2014: $80,901Expenses 2014: $62,350Net Income 2014: $18,5512014Revenue 2015: $63,039Expenses 2015: $69,466Net Income 2015: -$6,4272015Revenue 2016: $66,233Expenses 2016: $73,081Net Income 2016: -$6,8482016Revenue 2017: $60,757Expenses 2017: $66,185Net Income 2017: -$5,4282017Revenue 2018: $77,024Expenses 2018: $77,431Net Income 2018: -$4072018Revenue 2019: $71,190Expenses 2019: $97,363Net Income 2019: -$26,1732019Revenue 2020: $71,320Expenses 2020: $79,121Net Income 2020: -$7,8012020Revenue 2021: $96,001Expenses 2021: $103,484Net Income 2021: -$7,4832021Revenue 2022: $76,161Expenses 2022: $110,077Net Income 2022: -$33,9162022Revenue 2023: $90,321Expenses 2023: $109,218Net Income 2023: -$18,8972023Revenue 2024: $103,599Expenses 2024: $126,145Net Income 2024: -$22,5462024

Highlighted filing

2024

Revenue$103,599
Expenses$126,145
Net Income-$22,546

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$76,161
Mission and Program Overview

Mission

To create scholarships for the youth of speedway

Program Services

DescriptionGrantsExpenses
SOLICITATION AND DISBURSEMENT OF FUNDS AS GRANTS/SCHOLARSHIPS FOR THE EDUCATIONAL BENEFIT OF CHILDREN OF SPEEDWAY, IN.$107,300$107,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debby GonzalesPresident-$0--
Karen WelchVice President-$0--
Regina NealTreasurer-$0--
Scott SpeerBoard Member-$0--
Tom SmithBoard Member-$0--
Dennis HammerBoard Member-$0--
Mindy Lewis-HitchBoard Member-$0--
Gina GroveBoard Member-$0--
Lisa WattsSecretary-$0--
Christie SearsBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Scholarships for Speedway Inc
EIN
46-3250448
Phone
3172440236
Address
5335 West 25th Street, Speedway, IN 46224

Signing Officer

Name
Debra Gonzales
Title
President/Director
Signed
2023-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Clark CPA Group PC
Address
36 Motif Blvd, Brownsburg, IN 46112
Preparer
Derick R Busenbark CPA
Phone
3178522304
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: Approx. 101 Speedway Students | Cash Amount Given: $107300

Other Expenses.1002

Office Expenses $721

Other Expenses.1

Insurance $1357

Other Expenses.3

Bank fees $177

Raw XML Appendix195 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-35162
IRS990EZ/OtherExpensesTotalAmt02255
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CREATE SCHOLARSHIPS FOR THE YOUTH OF SPEEDWAY
IRS990EZ/PrintingPublicationsPostageAmt0522
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0107300
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Approx. 101 Speedway Students | Cash Amount Given: $107300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $721
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank fees $177
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Debra Gonzales
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Scholarships for Speedway Inc
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0463250448
ReturnHeader/Filer/PhoneNum03172440236
ReturnHeader/Filer/USAddress/AddressLine1Txt05335 West 25th Street
ReturnHeader/Filer/USAddress/CityNm0Speedway
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt036 Motif Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brownsburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046112
ReturnHeader/PreparerPersonGrp/PhoneNum03178522304
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Derick R Busenbark CPA
ReturnHeader/ReturnTs02023-11-13T08:38:59-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Debra
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Gonzales
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits