Indiana · Nonprofit
SCHOLARSHIPS FOR SPEEDWAY INC
SCHOLARSHIPS FOR SPEEDWAY INC (Indiana) receives grants from 6 organizations whose IRS filings report $29,541 to it, the largest being WATERSITE FOUNDATION ($15,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $121k
- Funders on record
- 6
- Grants received
- $30k
- Net assets
- $250k
What Scholarships for Speedway Inc does
Mission
To create scholarships for the youth of speedway
As stated on its FY2024 Form 990-EZ.
Program
Solicitation and disbursement of funds as grants/scholarships for the educational benefit of children of speedway, in
$2,243 spentof which $116,980 as grants100% of program spending
The program described on its FY2025 Form 990-EZ. Program spending in total: $2,243.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $304k to $235k (−23%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
86% of SCHOLARSHIPS FOR SPEEDWAY INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $1k → $6k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SCHOLARSHIPS FOR SPEEDWAY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SCHOLARSHIPS FOR SPEEDWAY INC leans on a few funders — its largest provides 51% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund SCHOLARSHIPS FOR SPEEDWAY INC.
Largest funder’s share by year: 2017 83% · 2018 80% · 2020 99% · 2021 98% · 2022 95% · 2023 83% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of SCHOLARSHIPS FOR SPEEDWAY INC's grant income comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SCHOLARSHIPS FOR SPEEDWAY INC has grown faster than half of the 17,450 education nonprofits its size.
this organization peer median middle 50% of peers· 17,450 education nonprofits $100k–$1M, FY2025
Organizations like SCHOLARSHIPS FOR SPEEDWAY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for SCHOLARSHIPS FOR SPEEDWAY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SCHOLARSHIPS FOR SPEEDWAY INC?
- SCHOLARSHIPS FOR SPEEDWAY INC (Indiana) receives grants from 6 organizations whose IRS filings report $29,541 to it, the largest being WATERSITE FOUNDATION ($15,000). 3 of them have funded it in more than one year.
- How many funders does SCHOLARSHIPS FOR SPEEDWAY INC have?
- IRS filings report 6 organizations giving $29,541 in grants to SCHOLARSHIPS FOR SPEEDWAY INC, 3 of which have funded it in more than one year.
- Who is the largest funder of SCHOLARSHIPS FOR SPEEDWAY INC?
- WATERSITE FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
- How can an organization like SCHOLARSHIPS FOR SPEEDWAY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Scholarships for Speedway →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing