Indianapolis Soap Box Derby Association Inc
Nonprofit profile at a glance
- EIN
- 311054018
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025
- Location
- Indianapolis, IN, USA
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $113,402
- Expenses
- $91,498
- Assets
- $149,968
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Bob Getts (President)
- Cleo Wells (Vice President)
People named in this filing
- Koby Kerns (at large director)
- Scott Hatfield (at large director)
- Bob Getts (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Youth mentoring education and community involvement.
What it reported doing in 2025
The Indianapolis Soap Box Derby and its Inner City Youth Racing League receive several in-kind donations that are not reflected in the 990. These are difficult to value correctly. They receive program space at an unused building from Marian University receive site use and mowing at their dedicated track at Riverside Park from the City of Indianapolis and have donations of tools gasoline used soap box derby cars from donors.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Member-benefit provider. The nonprofit used 78% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 19.3%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.4% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 53rd percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $91K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.