RACEWAY GIVES FOUNDATION

EIN: 843952685 501(c)(3) Youth Development

MADISON, IL

Total Revenue
$220,778
Total Expenses
$214,826
Total Assets
$705,778
Net Assets
$705,778
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
CURTIS FRANCOIS
Phone
6182158888
Tax Period
2025-01-01 to 2025-12-31

RACEWAY GIVES FOUNDATION, founded in 2019, is a small nonprofit in the Youth Development sector that reported $221K in total revenue in fiscal year 2025. Net assets of $706K represent 38 months of operating reserves.

Mission

SERVE AS A COMMUNITY ASSET, TECHNOLOGY SHOWCASE AND UNIQUELY SINGULAR MOTORSPORTS CROWN JEWEL FEATURING FAITHFUL AND EXEMPLARY SERVICE TO ALL CONSTITUENTS. POSITION GMP/WWTR AS AUTO RACING'S PREMIER FACILITY AND SPONSOR FOR STEM LEARNING IN GREATER ST LOUIS REGION.LEVERAGE GMP/WWTR, STEM PROGRAMS VISIBILITY AND REACH ALONG WITH LOCAL SPONSORSHIP TO DEVELOP AND SUPPORT CULTURAL, RACIAL, AND DIVERSE LOCAL MOTOR RACING TALENT THAT MAY GO UNNOTICED DUE TO FINANCIAL OR AWARENESS CONSTRAINTS.MAXIMIZE UTILIZATION OF GMP/WWTR FACILITIES AS EDUCATIONAL PLATFORMS.

Program Service Accomplishments

Program 1
Expenses: $158,008 Revenue: $0

ROAD TO INDY: TO FOSTER THE DEVELOPMENT OF TALENT AMONG DIVERSE AND UNDERSERVED YOUTH, SCHOLARSHIP PROGRAMS SUPPORTING PARTICIPATION IN THE GATEWAY I-DRIVE AND IGNITE RACING SERIES WILL BE DEVELOPED...

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ROAD TO INDY: TO FOSTER THE DEVELOPMENT OF TALENT AMONG DIVERSE AND UNDERSERVED YOUTH, SCHOLARSHIP PROGRAMS SUPPORTING PARTICIPATION IN THE GATEWAY I-DRIVE AND IGNITE RACING SERIES WILL BE DEVELOPED FOR DESERVING TALENT.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $186,700
Program Service Revenue $0
Investment Income $0
Other Revenue $34,078
TOTAL REVENUE $220,778

Expense Breakdown

Grants Paid $90,450
Salaries & Benefits $35,000
Fundraising Expenses $0
Program Expenses $158,008
Other Expenses $89,376
TOTAL EXPENSES $214,826

Year-over-Year Comparison

2025 2024 Change
Revenue $220,778 $212,544 +0.0%
Expenses $214,826 $265,643 -0.2%
Net Income $5,952 $-53,099 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
4
$35,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CURTIS FRANCOIS PRESIDENT 1.00
Officer Director
$0 $0 $0
AMY FRANCOIS TREASURER 1.00
Officer Director
$0 $0 $0
LARRY ALBUS DIRECTOR 40.00
Director
$35,000 $0 $35,000
CHRIS BLAIR SECRETARY 1.00
Officer 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
2025 $220,778 $214,826 $705,778 $5,952
2024 $212,544 $265,643 $706,681 $-53,099
2023 $198,513 $219,591 $753,523 $-21,078
2022 $874,677 $186,778 $818,176 $687,899
2021 $264,200 $678,411 $95,333 $-414,211
2020 $754,610 $254,295 $509,265 $500,315
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