WORLD OF SPEED (EIN 465267468) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

SARAH BANY

Phone

5035636444

Tax Period

2020-01-01 to 2020-12-31

WORLD OF SPEED, founded in 2014, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2020. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $410K, a strong 22% operating margin.

Mission

EDUCATIONAL MUSEUM DEDICATED TO THE CELEBRATION AND PRESERVATION OF MOTORSPORTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $1,775,990

Program Service Revenue $30,814

Investment Income $47,361

Other Revenue $40,616

TOTAL REVENUE $1,894,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $786,978

Fundraising Expenses $133,906

Program Expenses $1,146,707

Other Expenses $697,985

TOTAL EXPENSES $1,484,963

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,894,781	$2,289,452	-0.2%
Expenses	$1,484,963	$2,587,318	-0.4%
Net Income	$409,818	$-297,866	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH BANY	CHAIR	3.00	Officer Director	$0	$0	$0
MARILYN LOY	TREASURER	2.00	Officer Director	$0	$0	$0
MARY JAEGER	SECRETARY	2.00	Officer Director	$0	$0	$0
PHILLIP FOGG SR	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MILLER	DIRECTOR	1.00	Director	$0	$0	$0
DALE PENN II	DIRECTOR	1.00	Director	$0	$0	$0
RACHAEL SNEDDON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY VLLUM	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE WAIBEL	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$1,894,781	$1,484,963	$186,359	$409,818
2018	$2,665,712	$2,252,852	$3,593,305	$412,860

WORLD OF SPEED