Nonprofit · EIN 46-3250448
SCHOLARSHIPS FOR SPEEDWAY INC
Tax-exempt · INDIANAPOLIS, IN 46224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $120,593 | $119,223 | $1,370 | $250,335 | $0 | $250,335 |
| December 31, 2024 | 990-EZ | $103,599 | $126,145 | -$22,546 | $230,243 | – | $230,243 |
| December 31, 2023 | 990-EZ | $90,321 | $109,218 | -$18,897 | $232,530 | – | $232,530 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $103,397
- Investment income
- $17,196
Expenses
- Grants and similar amounts paid
- $116,980
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $584
- Other expenses
- $1,659
- Program services (functional)
- $2,243
Balance sheet and other
- Total assets, start of year
- $230,243
- Total assets, end of year
- $250,335
- Total liabilities, end of year
- $0
- Net assets, end of year
- $250,335
- Cash, savings and investments
- $250,335
- Gross receipts
- $120,593
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 |
|---|---|---|---|
| DEBBY GONZALES | PRESIDENT | 1 | $0 |
| KAREN WELCH | VICE-PRESIDENT | 1 | $0 |
| REGINA NEAL | TREASURER | 1 | $0 |
| LISA WATTS | SECRETARY | 1 | $0 |
| TOM SMITH | BOARD MEMBER | 1 | $0 |
| DENNIS HAMMER | BOARD MEMBER | 1 | $0 |
| MINDY LEWIS-HITCH | BOARD MEMBER | 1 | $0 |
| GINA GROVE | BOARD MEMBER | 1 | $0 |
| SCOTT SPEER | BOARD MEMBER | 1 | $0 |
| CHRISTIE SEARS | BOARD MEMBER | 1 | $0 |
990-EZ for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Debby Gonzales | President | 1 | $0 |
| Karen Welch | Vice President | 1 | $0 |
| Regina Neal | Treasurer | 1 | $0 |
| Scott Speer | Board Member | 1 | $0 |
| Tom Smith | Board Member | 1 | $0 |
| Dennis Hammer | Board Member | 1 | $0 |
| Mindy Lewis-Hitch | Board Member | 1 | $0 |
| Gina Grove | Board Member | 1 | $0 |
| Lisa Watts | Secretary | 1 | $0 |
| Christie Sears | Board Member | 1 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Debby Gonzales | President | 1 | $0 |
| Karen Welch | Vice President | 1 | $0 |
| Regina Neal | Treasurer | 1 | $0 |
| Scott Speer | Board Member | 1 | $0 |
| Tom Smith | Board Member | 1 | $0 |
| Dennis Hammer | Board Member | 1 | $0 |
| Mindy Lewis-Hitch | Board Member | 1 | $0 |
| Gina Grove | Board Member | 1 | $0 |
| Lisa Watts | Secretary | 1 | $0 |
| Christie Sears | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5300 CRAWFORDSVILLE RD STE 200, INDIANAPOLIS, IN 46224-5406
- In care of
- % DEBRA GONZALES
- Signed the 990-EZ
- DEBRA GONZALES, PRESIDENT
- Phone
- (317) 244-0236
- Return prepared by
- Clark and DeaKyne LLC
Mission
SEE SCHEDULE O
Program accomplishments
- SOLICITATION AND DISBURSEMENT OF FUNDS AS GRANTS/SCHOLARSHIPS FOR THE EDUCATIONAL BENEFIT OF CHILDREN OF SPEEDWAY, INExpenses $2,243 · grants $116,980
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
- 46-3250448
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $250,335
- Income (IRS master file)
- $120,593
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $120,593 | $119,223 | $250,335 | XML |
| 990-EZ | December 2024 | $103,599 | $126,145 | $230,243 | XML |
| 990-EZ | December 2023 | $90,321 | $109,218 | $232,530 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 46-3250448).
Questions about SCHOLARSHIPS FOR SPEEDWAY INC
- What is the EIN of SCHOLARSHIPS FOR SPEEDWAY INC?
- The employer identification number (EIN) of SCHOLARSHIPS FOR SPEEDWAY INC is 46-3250448.
- Is SCHOLARSHIPS FOR SPEEDWAY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to SCHOLARSHIPS FOR SPEEDWAY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SCHOLARSHIPS FOR SPEEDWAY 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 SCHOLARSHIPS FOR SPEEDWAY 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 SCHOLARSHIPS FOR SPEEDWAY 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 SCHOLARSHIPS FOR SPEEDWAY INC?
- The 990-EZ for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does SCHOLARSHIPS FOR SPEEDWAY INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $120,593, expenses of $119,223 and total assets of $250,335 at year end.
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