Nonprofit · EIN 31-1054018
INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC
Tax-exempt · INDIANAPOLIS, IN 46220
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $113,402 | $91,498 | $21,904 | $149,968 | – | $149,968 |
| December 31, 2024 | 990-EZ | $103,074 | $83,814 | $19,260 | $128,064 | – | $128,064 |
| December 31, 2023 | 990-EZ | $99,977 | $95,869 | $4,108 | $108,804 | – | $108,804 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $100,313
- Program service revenue
- $8,820
- Investment income
- $4,269
Expenses
- Benefits paid to members
- $71,800
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $8,478
- Occupancy
- $9,946
- Printing, publications and postage
- $1,274
- Program services (functional)
- $91,498
Balance sheet and other
- Total assets, start of year
- $128,064
- Total assets, end of year
- $149,968
- Total liabilities, end of year
- –
- Net assets, end of year
- $149,968
- Cash, savings and investments
- $145,968
- Gross receipts
- $113,402
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Koby Kerns | at large director | 1 | $0 |
| Scott Hatfield | at large director | 1 | $0 |
| Bob Getts | President | 2 | $0 |
| Cleo Wells | Vice President | 3 | $0 |
| Peg Huffman | Treasurer secretary | 4 | $0 |
| Jerry Pearson | at large director | 1 | $0 |
| Dave Fulton | at large director | 1 | $0 |
| Larry Thienes | Inner City Youth Racing League chair | 3 | $0 |
| Timdrick Stewart | Inner City Youth Racing League chair | 3 | $0 |
| James Gray | at large director | 3 | $0 |
| Latonya Brown | at large director | 1 | $0 |
| Curtis Atkins | at large director | 3 | $0 |
| Katrina Getts | at large director | 2 | $0 |
| Joe Alred | at large director | 1 | $0 |
990-EZ for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Koby Kerns | at large director | 1 | $0 |
| Scott Hatfield | at large director | 1 | $0 |
| Bob Getts | President | 2 | $0 |
| Cleo Wells | Vice President | 4 | $0 |
| Peg Huffman | Treasurer secretary | 4 | $0 |
| Tyson Vaughn | at large director | 1 | $0 |
| Jerry Pearson | at large director | 1 | $0 |
| Dave Fulton | at large director | 1 | $0 |
| Larry Thienes | Inner City Youth Racing League chair | 5 | $0 |
| Don Sheets | at large director | 1 | $0 |
| James Gray | at large director | 1 | $0 |
| Latonya Brown | at large director | 1 | $0 |
| Curtis Atkins | at large director | 3 | $0 |
| Katrina Getts | at large director | 2 | $0 |
| Donald Edmonds | at large director | 1 | $0 |
| Joe Alred | at large director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Koby Kerns | at large director | 1 | $0 |
| Scott Hatfield | at large director | 1 | $0 |
| Bob Getts | President | 2 | $0 |
| Cleo Wells | Vice President | 4 | $0 |
| Peg Huffman | Treasurer secretary | 4 | $0 |
| Tyson Vaughn | at large director | 1 | $0 |
| Jerry Pearson | at large director | 1 | $0 |
| Dave Fulton | at large director | 1 | $0 |
| Larry Thienes | Inner City Youth Racing League chair | 5 | $0 |
| Don Sheets | at large director | 1 | $0 |
| James Gray | at large director | 1 | $0 |
| Latonya Brown | at large director | 1 | $0 |
| Curtis Atkins | at large director | 3 | $0 |
| Katrina Getts | at large director | 2 | $0 |
| Donald Edmonds | at large director | 1 | $0 |
| Joe Alred | at large director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6112 HARLESCOTT RD, INDIANAPOLIS, IN 46220-4146
- In care of
- % PEG HUFFMAN
- Signed the 990-EZ
- Peggy Huffman, Treasurer
Mission
Youth mentoring education and community involvement.
Program accomplishments
- Indianapolis Inner City Youth Racing League program to work with underserved youth who come from homes with limited means to get an opportunity to participate successfully in the soap box derbyExpenses $40,739 · grants $40,739
- Indianapolis Soap Box Derby local and regional programming to be a positive influence on children through participation in the soap box derby eventsExpenses $49,058 · grants $49,294
- Fourth Grade STEM mini car program as part of the 500 Festival Committees 4th grade STEM initiative.Expenses $1,701 · grants $1,701
- The Indianapolis Soap Box Derby and its Inner City Youth Racing League receive several in-kind donations that are not reflected in the 990. These are difficult to value correctly. They receive program space at an unused building from Marian University receive site use and mowing at their dedicated track at Riverside Park from the City of Indianapolis and have donations of tools gasoline used soap box derby cars from donors.grants $15,000
- A resource has been loaned to our organization from a private group to assist with community outreach areas such as providing a STEM activity to Indiana 4th grade classrooms using mini soap box derby cars and a detailed lesson plan to contribute to the Indianapolis 500 Festival 4th grade STEM program as well as other outreach activities such as recruiting volunteers.grants $40,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 31-1054018
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $149,968
- Income (IRS master file)
- $113,402
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $113,402 | $91,498 | $149,968 | XML |
| 990-EZ | December 2024 | $103,074 | $83,814 | $128,064 | IRS |
| 990-EZ | December 2023 | $99,977 | $95,869 | $108,804 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1054018).
Questions about INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC
- What is the EIN of INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC?
- The employer identification number (EIN) of INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC is 31-1054018.
- Is INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does INDIANAPOLIS SOAP BOX DERBY ASSOCIATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $113,402, expenses of $91,498 and total assets of $149,968 at year end.
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