SPEEDWAY CHILDREN'S CHARITIES (EIN 561331429) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MARCUS SMITH

Phone

7044554426

Tax Period

2024-01-01 to 2024-12-31

SPEEDWAY CHILDREN'S CHARITIES, founded in 1982, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.4M in total revenue in fiscal year 2024.

Mission

SPEEDWAY CHILDREN'S CHARITIES' PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS AND PROVIDE GRANTS TO NON-PROFIT ORGANIZATIONS THAT MEET THE DIRECT NEEDS OF CHILDREN WITH MEDICAL, EDUCATIONAL, OR SOCIAL CHALLENGES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,578,922

Program Service Revenue $0

Investment Income $0

Other Revenue $826,398

TOTAL REVENUE $5,405,320

Expense Breakdown

Grants Paid $4,094,141

Salaries & Benefits $720,972

Fundraising Expenses $1,115,336

Program Expenses $4,105,933

Other Expenses $619,837

TOTAL EXPENSES $5,434,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,405,320	$5,525,470	0.0%
Expenses	$5,434,950	$5,792,267	-0.1%
Net Income	$-29,630	$-266,797	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

1535

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

$14,392

Total Directors

$62,665

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCUS SMITH	CHAIRMAN	0.20	Officer Director	$0	$0	$0
JERRY CALDWELL	DIRECTOR	0.20	Director	$0	$0	$0
MARK FABER	DIRECTOR	0.20	Director	$0	$0	$0
MATT GRECI	DIRECTOR	0.20	Director	$0	$0	$0
BRIAN FLYNN	DIRECTOR	0.20	Director	$0	$0	$0
BRANDON HUTCHISON	DIRECTOR	0.20	Director	$0	$0	$0
DAVID MCGRATH	DIRECTOR	0.20	Director	$0	$0	$0
CHRIS POWELL	DIRECTOR	0.20	Director	$0	$0	$0
MIKE TATOIAN	DIRECTOR	0.20	Director	$0	$0	$0
GREG WALTER	DIRECTOR	0.20	Director	$0	$0	$0
CLAUDIA BYRD	DIRECTOR	40.00	Director	$56,635	$6,030	$62,665
JESSICA FICKENSCHER	MANAGING DIRECTOR	10.00	Officer	$0	$0	$0
COREY GLASS	TREASURER & ASSISTANT SECRETARY	0.30	Officer	$0	$0	$0
LISA STARNES	EXECUTIVE DIRECTOR (THRU 2/28/24)	40.00	Officer	$13,331	$1,061	$14,392

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
2024	$5,405,320	$5,434,950	$1,200,728	$-29,630
2023	$5,525,470	$5,792,267	$1,214,200	$-266,797
2022	$4,860,135	$4,046,818	$1,470,639	$813,317
2021	$3,172,744	$2,991,162	$809,434	$181,582
2020	$1,752,353	$2,000,693	$415,792	$-248,340
2019	$4,349,495	$4,103,052	$3,387,723	$246,443

SPEEDWAY CHILDREN'S CHARITIES