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North Carolina · Nonprofit

TRACK XPLOSION INC

TRACK XPLOSION INC (North Carolina) receives grants from 2 organizations whose IRS filings report $504 to it, the largest being DUKE ENERGY FOUNDATION ($504). 1 of them have funded it in more than one year.

Revenue FY2025
$44k
Funders on record
2
Grants received
$504
Net assets
$54k
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Track Xplosion Inc does

Mission

Fostering regional or national amateur athletes in track and field

As stated on its FY2025 Form 990-EZ.

Program

  1. Provided affordable youth track and field training and competitive league participation for over 200 student athletes ages 4-18, including weekly practices and meets. At the beginning of each season, the kids attend training camps to learn new events and on average 8-10 athletes earn scholarships to college.

    $53,181 spent
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $53,181.

02The 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 ($23k) Expenses 100 ($18k) Net assets 100 ($11k)2022 Revenue 172 ($39k) Expenses 164 ($29k) Net assets 405 ($45k)2023 Revenue 142 ($32k) Expenses 158 ($28k) Net assets 448 ($49k)2024 Revenue 176 ($40k) Expenses 150 ($26k) Net assets 573 ($63k)2025 Revenue 190 ($44k) Expenses 302 ($53k) Net assets 491 ($54k)
20172022202320242025
Revenue (190)Expenses (302)Net assets (491)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 2023 to 2024, from $50k to $64k (+28%).

$11k
$48k
$50k
$64k
$58k
20172022202320242025
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.

2017
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

44% of TRACK XPLOSION INC’s revenue is contributions — about as donation-reliant as the typical peer (99% for the typical peer).

This organization
Typical peer · 6,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$5k
’17
$10k
’22
$5k
’23
$14k
’24
−$10k
’25
03Who funds it

Who funds it, year by year

2021 → 2022: the base held at 1 funder, grant income fell $462 → $42.

Funder
'21
'22
'26*
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 TRACK XPLOSION INC’s funders (the co-funder graph). Top 1 of 2 funders by total. 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.

Where its funders are

100% of TRACK XPLOSION INC's grant income comes from North Carolina funders.

NC

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

’21
’22
North Carolina out of state home

Funder states come from each funder’s own filing. 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

TRACK XPLOSION INC has grown faster than half of the 3,200 youth development nonprofits its size.

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

this organization peer median middle 50% of peers· 3,200 youth development nonprofits under $100k, FY2025

Organizations like TRACK XPLOSION 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 North Carolina

Nationally

05Profile & governance

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

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

NC

Screen this organization

A dated, signed PDF of the compliance screen for TRACK XPLOSION 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TRACK XPLOSION INC?
TRACK XPLOSION INC (North Carolina) receives grants from 2 organizations whose IRS filings report $504 to it, the largest being DUKE ENERGY FOUNDATION ($504). 1 of them have funded it in more than one year.
How many funders does TRACK XPLOSION INC have?
IRS filings report 2 organizations giving $504 in grants to TRACK XPLOSION INC, 1 of which have funded it in more than one year.
Who is the largest funder of TRACK XPLOSION INC?
DUKE ENERGY FOUNDATION is the largest funder on record, with $504 in grants. The full list of funders is on this page.
How can an organization like TRACK XPLOSION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 Track Xplosion →

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 2 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