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Indiana · Nonprofit

SPEEDWAY TRAILS ASSOCIATION

SPEEDWAY TRAILS ASSOCIATION (Indiana) receives grants from 4 organizations whose IRS filings report $3,280,816 to it, the largest being Central Indiana Community Foundation Inc ($2,041,785). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$755k
Funders on record
4
Grants received
$3.3M
Net assets
$2.4M
2/4 repeat funderspeak grant-dependency 76%
01What it does

What Speedway Trails Association does

Mission

Speedway Trails Association's mission is to create a safe community trail system in the Town of Speedway, accessible for all - strollers to wheel chairs. The purpose of these trails is to connect neighbors, promote local businesses, improve the environment and provide for a healthy community.

As stated on its FY2025 Form 990.

Programs

  1. Speedway Trail's Association is currently expanding B&O trail in western Marion County, Indiana. This section of trail is being built in cooperation with Hendricks Co B&O Trail Association. The 3-mile section of trail under construction will connect the current B&O Trail in Town of Speedway on the east with Town of Brownsburg's segment of B&O Trail on the west. This link will create 16 continues miles of trail running westward from downtown Indianapolis connecting several communities. Through 2025, $1,519,438 has been spent on land acquisition, design, & construction of this segment of trail. Funding for the project was originated through receipt of Next Level Trails grant through Indiana Department of Natural Resources, with significant contribution of matching funds from Central Indiana Community Foundation.

    $1,014,095 spent
    94% of program spending
  2. Speedway Trails owns and maintains P&E Trail in Town of Speedway. This 1.5 mile segment of trail connects Main St in Speedway with a retail shopping center. In 2025, a 200 yard stretch of eastern end of the trail was milled and repaved at a cost of $49,191. Remaining expense is mowing and upkeep of adjacent land.

    $62,025 spent
    6% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,076,120.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($1.6M) Expenses 100 ($325k) Net assets 100 ($1.8M)2021 Revenue 3 ($45k) Expenses 110 ($359k) Net assets 83 ($1.5M)2022 Revenue 291 ($4.7M) Expenses 101 ($329k) Net assets 322 ($5.9M)2023 Revenue 7 ($121k) Expenses 31 ($100k) Net assets 324 ($5.9M)2024 Revenue 82 ($1.3M) Expenses 122 ($396k) Net assets 98 ($1.8M)2025 Revenue 46 ($755k) Expenses 45 ($148k) Net assets 131 ($2.4M)
202020212022202320242025
Revenue (46)Expenses (45)Net assets (131)Peer revenue range

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 $1.5M to $5.9M (+289%).

$1.8M
$1.5M
$5.9M
$5.9M
$1.8M
$2.4M
202020212022202320242025
Total assetsTotal liabilities

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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 85% · 2021 0% · 2022 63% · 2024 70%. Grants only. Government contracts and fees sit inside program revenue.

92% of SPEEDWAY TRAILS ASSOCIATION’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$1.3M
’20
−$314k
’21
$4.4M
’22
$20k
’23
$932k
’24
$607k
’25
31
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed15136444
Joined·+3+0+0+1+0
No longer listed·57210
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $45k.

3 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 SPEEDWAY TRAILS ASSOCIATION’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

SPEEDWAY TRAILS ASSOCIATION leans on a few funders — its largest provides 62% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 SPEEDWAY TRAILS ASSOCIATION.

62%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — 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 SPEEDWAY TRAILS ASSOCIATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2k that is directly attributable, 100% of it comes from Indiana funders.

IN

Funder states come from each funder’s own filing. $3.3M 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.

04Its place in the field

Against its field

SPEEDWAY TRAILS ASSOCIATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin80% · top quartile
Months of reserve31.3mo · top quartile
Revenue growth (annualized)−14% · bottom quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like SPEEDWAY TRAILS ASSOCIATION

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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 SPEEDWAY TRAILS ASSOCIATION: 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.

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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 SPEEDWAY TRAILS ASSOCIATION?
SPEEDWAY TRAILS ASSOCIATION (Indiana) receives grants from 4 organizations whose IRS filings report $3,280,816 to it, the largest being Central Indiana Community Foundation Inc ($2,041,785). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SPEEDWAY TRAILS ASSOCIATION have?
IRS filings report 4 organizations giving $3,280,816 in grants to SPEEDWAY TRAILS ASSOCIATION, 2 of which have funded it in more than one year.
Who is the largest funder of SPEEDWAY TRAILS ASSOCIATION?
Central Indiana Community Foundation Inc is the largest funder on record, with $2,041,785 in grants. The full list of funders is on this page.
How can an organization like SPEEDWAY TRAILS ASSOCIATION 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 Speedway Trails Association →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 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 14, 2026. What this page cannot tell you · view filing