SCHOLARSHIPS FOR SPEEDWAY INC: Form 990EZ, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- SCHOLARSHIPS FOR SPEEDWAY INC (EIN 46-3250448)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-09-17
- IRS object ID
- 202612609349200506
- Schema version
- 2025v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-09-17T08:57:04-06:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 475118875 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Clark and DeaKyne LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5610 CRAWFORDSVILLE RD 1602 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463250448 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHOLARSHIPS FOR SPEEDWAY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DEBRA GONZALES | InCareOfNm |
| Business Name Control | SCHO | BusinessNameControlTxt |
| Phone | 3172440236 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 CRAWFORDSVILLE RD STE 200 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46224 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEBRA GONZALES | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3172440236 | PhoneNum |
| Signature | 2026-08-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN DEAKYNE | PreparerPersonNm |
| PTIN | P01887764 | PTIN |
| Phone | 3172443177 | PhoneNum |
| Preparation | 2026-09-17 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $120,593 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $103,397 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $17,196 | InvestmentIncomeAmt |
| Total Revenue | $120,593 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $116,980 | GrantsAndSimilarAmountsPaidAmt |
| Printing Publications Postage | $584 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $1,659 | OtherExpensesTotalAmt |
| Total Expenses | $119,223 | TotalExpensesAmt |
| Excess Or Deficit For Year | $1,370 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $230,243 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $18,722 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $250,335 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,243 | BOYAmt |
| EOY | $250,335 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,243 | BOYAmt |
| EOY | $250,335 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,243 | BOYAmt |
| EOY | $250,335 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | SEE SCHEDULE O | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | SOLICITATION AND DISBURSEMENT OF FUNDS AS GRANTS/SCHOLARSHIPS FOR THE EDUCATIONAL BENEFIT OF CHILDREN OF SPEEDWAY, IN | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $116,980 | GrantsAndAllocationsAmt |
| Program Service Expenses | $2,243 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,243 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| DEBBY GONZALES | ||||
| PRESIDENT | 1.00 | $0 | $0 | $0 |
| KAREN WELCH | ||||
| VICE-PRESIDENT | 1.00 | $0 | $0 | $0 |
| REGINA NEAL | ||||
| TREASURER | 1.00 | $0 | $0 | $0 |
| LISA WATTS | ||||
| SECRETARY | 1.00 | $0 | $0 | $0 |
| TOM SMITH | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| DENNIS HAMMER | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| MINDY LEWIS-HITCH | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| GINA GROVE | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| SCOTT SPEER | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| CHRISTIE SEARS | ||||
| BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REGINA NEAL | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 CRAWFORDSVILLE RD STE 200 | AddressLine1Txt |
| City | INDIANAPOLIS | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3172440236 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $84,339 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,968 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,852 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $89,236 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $103,397 | CurrentTaxYearAmt |
| Total | $426,792 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $84,339 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,968 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $78,852 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $89,236 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $103,397 | CurrentTaxYearAmt |
| Total | $426,792 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $426,792 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,662 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,193 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,469 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,363 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,196 | CurrentTaxYearAmt |
| Total | $59,883 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,662 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,193 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,469 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,363 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,196 | CurrentTaxYearAmt |
| Total | $59,883 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $96,001 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,161 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $90,321 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $103,599 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $120,593 | CurrentTaxYearAmt |
| Total | $486,675 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.87700 | PublicSupportCY509Pct |
| Public Support PY509 | 0.87660 | PublicSupportPY509Pct |
| Investment Income CY | 0.12000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.12000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | Activity APPROX 120 SPEEDWAY STUDENTS Amount 116,980 |
| Description of other expenses Part I line 16 | Description AmountBANK FEES 337INSURANCE 785OFFICE EXPENSE 515LICENSE AND REGISTRATION 22 |
| Other changes in net assets or fund balances Part I line 20 | Description AmountUNREALIZED GAIN ON INVESTMENTS 18,722 |
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