Civic Intelligence

Scholarships for Speedway Inc.

990EZ • Fiscal year 2018 • EIN 46-3250448

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization ProfileN/A
5335 West 25th StreetSpeedway, IN 46224

(317) 244-0236

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

39th percentile

-0.5%

Higher net margin than 39% 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

33rd percentile

-7.1%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$268,709

Flat from 2018

Net Assets

$268,709

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin39th percentile

Revenue

Flat

$77,024

Flat from 2018

Expenses

Flat

$77,431

Flat from 2018

Net Income

Flat

-$407

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$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: $268,709Net Assets 2018: $268,7092018Assets 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

2018

Assets$268,709
Liabilities-
Net Assets$268,709
Open 2018 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this 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 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

2018

Revenue$77,024
Expenses$77,431
Net Income-$407
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$77,024
Mission and Program Overview

Mission

To create scholarships for the youth of speedway

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.$73,967$73,967
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA WATTSPresident/Di-$0--
KAREN WELCHV.President/-$0--
DEBRA GONZALESSecretary/Di-$0--
REGINA NEALTreasurer/Di-$0--
DENNIS HAMMERDirector-$0--
MINDY LEWIS-HITCHDirector-$0--
JAN NEATDirector-$0--
RHONDA SHAWDirector-$0--
TOM SMITHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Scholarships for Speedwayinc
EIN
46-3250448
Phone
3172440236
Address
5335 WEST 25TH STREET, SPEEDWAY, IN 46224

Signing Officer

Name
Lisa Watts
Title
President/director
Phone
3172440236
Signed
2019-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Rider Kenley & Associates
Address
9755 RANDALL DRIVE SUITE 100, INDIANAPOLIS, IN 46280
Preparer
Brian a Rider
Phone
3175823000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 73,967”

Form 990-ez, Part I, Line 16

“Expenses insurance 1,752 office supplies 321 bank fees 265 total 2,338”

Form 990-ez, Part I, Line 20

“Unrealized gains and losses on 0 investments carried at market value -20,028”

Raw XML Appendix171 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0REGINA NEAL
IRS990EZ/BooksInCareOfDetail/PhoneNum03172440236
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05335 W 25TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPEEDWAY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046224
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0289144
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0268709
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt062653
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-407
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0289144
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0268709
IRS990EZ/GrantsAndSimilarAmountsPaidAmt073967
IRS990EZ/GrossReceiptsAmt077024
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt014371
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0289144
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0268709
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0289144
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0268709
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LISA WATTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KAREN WELCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBRA GONZALES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3REGINA NEAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DENNIS HAMMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MINDY LEWIS-HITCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAN NEAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7RHONDA SHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TOM SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V.PRESIDENT/
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-20028
IRS990EZ/OtherExpensesTotalAmt02338
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO CREATE SCHOLARSHIPS FOR THE YOUTH OF SPEEDWAY.
IRS990EZ/PrintingPublicationsPostageAmt01126
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SOLICITATION AND DISBURSEMENT OF FUNDS AS GRANTS/SCHOLARSHIPS FOR THE EDUCATIONAL BENEFIT OF CHILDREN OF SPEEDWAY, IN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt073967
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073967
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt077431
IRS990EZ/TotalProgramServiceExpensesAmt073967
IRS990EZ/TotalRevenueAmt077024
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt062653
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt046936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt056066
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt065965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt070304
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0301924
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt013821
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt010167
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012833
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt017503
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt068695
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt013821
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012833
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt017503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt068695
IRS990ScheduleA/InvestmentIncomeCYPct00.19000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.81460
IRS990ScheduleA/PublicSupportTotal509Amt0301924
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt062653
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt056066
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt065965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt070304
IRS990ScheduleA/Total509Grp/TotalAmt0301924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt077024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt060757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt066233
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt078798
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt087807
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0370619
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 73,967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 1,752 OFFICE SUPPLIES 321 BANK FEES 265 TOTAL 2,338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAINS AND LOSSES ON 0 INVESTMENTS CARRIED AT MARKET VALUE -20,028
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LISA WATTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03172440236
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHOLARSHIPS FOR SPEEDWAYINC
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0463250448
ReturnHeader/Filer/PhoneNum03172440236
ReturnHeader/Filer/USAddress/AddressLine1Txt05335 WEST 25TH STREET
ReturnHeader/Filer/USAddress/CityNm0SPEEDWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046224
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId083A090F89F2C63B01281DE188F32FC5B6995B6BC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07CCDEDB8E3D0B9A54F1109DB09B8DB82E52374FA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.63.53.50
ReturnHeader/FilingSecurityInformation/IPDt02019-11-13
ReturnHeader/FilingSecurityInformation/IPTm011:54:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351752525
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RIDER KENLEY & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09755 RANDALL DRIVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0INDIANAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046280
ReturnHeader/PreparerPersonGrp/PhoneNum03175823000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN A RIDER
ReturnHeader/ReturnTs02019-11-14T09:11:34-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$268,709
Liabilities
-
Net assets
$268,709
Revenue
$77,024
Expenses
$77,431
Net income
-$407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$2.30$1.04$1.26$0.23
2023Summary only. Only limited summary data is available for this year.$2.33$0.00$0.90$1.09$0.19
2022Detailed filing. Detailed filing data is available for this year.$2.35$2.35$0.76$1.10$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$3.04$0.96$1.03$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$2.87$0.71$0.79$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.85$2.85$0.71$0.97$0.26
2018Detailed filing. Detailed filing data is available for this year.$2.69$2.69$0.77$0.77$0.00
2018Summary only. Only limited summary data is available for this year.$2.69$0.00$0.77$0.77$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.89$2.89$0.61$0.66$0.05
2016Summary only. Only limited summary data is available for this year.$2.65$0.00$0.66$0.73$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.62$2.62$0.63$0.69$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.78$2.78$0.81$0.62$0.19
2013Summary only. Only limited summary data is available for this year.$2.47$0.00$0.00$0.00$0.00