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Funding

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.

$104k
Revenue FY2024
6
Funders on record
$30k
Grants received
$230k
Net assets
3/6 repeat funderspeak grant-dependency 7%

Against its field

Scholarships for Speedway Inc has grown faster than half of the 22,771 education nonprofits its size.

Operating margin−22% · bottom quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 22,771 education nonprofits $100k–$1M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($61k) Expenses 100 ($66k) Net assets 100 ($289k)2018 Revenue 127 ($77k) Expenses 117 ($77k) Net assets 93 ($269k)2019 Revenue 117 ($71k) Expenses 147 ($97k) Net assets 98 ($285k)2020 Revenue 117 ($71k) Expenses 120 ($79k) Net assets 99 ($287k)2021 Revenue 158 ($96k) Expenses 156 ($103k) Net assets 105 ($304k)2022 Revenue 125 ($76k) Expenses 166 ($110k) Net assets 81 ($235k)2023 Revenue 149 ($90k) Expenses 165 ($109k) Net assets 80 ($233k)2024 Revenue 171 ($104k) Expenses 191 ($126k) Net assets 80 ($230k)
'17'18'19'20'21'22'23'24
Revenue (171)Expenses (191)Net assets (80)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

86% of Scholarships for Speedway Inc’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.

$5k
17
$407
18
$26k
19
$8k
20
$7k
21
$34k
22
$19k
23
$23k
24
02Who funds it

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.

51%
largest funder
96%
top three
~3
effective funders

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.

MI
IN

In-state vs out-of-state, by year

17
18
20
21
22
23
Indiana out of state home

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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Scholarships for Speedway Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

04Profile & governance

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.

Footprint & structure

Files a return copy in 1 state

IN

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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6funders 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 August 27, 2026. What this page cannot tell you · view filing