Education : Scholarship and Financial Support (Grantmaking/Grants Payable)

Speedway Children's Charities

Caring for children in need

four stars

90.40

5555 Concord Parkway South Smith Tower, Suite 408
Concord, NC 28027
tel: (800) 236-2354   Web Site
EIN: 56-1331429

Board Leadership
Bruton Smith
Chairman

  Score
(out of 100)
Rating
Overall Score & Rating 90.40 four stars
  Financial 88.37 three stars
  Accountability & Transparency 93.00 four stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1982, the mission of Speedway Children's Charities (SCC) remains true to the ideals it was founded upon in 1982: To care for children in educational, financial, social and medical need in order to help them lead productive lives. Because of the unique conditions in every community, the issues SCC address are determined locally. Challenges ranging from learning disabilities, broken homes, and childhood cancer are on the agenda for the local chapters of SCC and the numerous non-profit organizations they support. Although priorities for SCC are set locally, we have one common goal - to ensure every child in need be given the tools to build a better, brighter and healthy future.

Founded in 1982, the mission of Speedway Children's Charities (SCC) remains true to the ideals it was founded upon in 1982: To care for children in educational, financial, social and medical need in order to help them lead productive lives. Because of the unique conditions in every community, the issues SCC address are determined locally. Challenges ranging from learning disabilities, broken homes, and childhood cancer are on the agenda for the local chapters of SCC and the numerous non-profit organizations they support. Although priorities for SCC are set locally, we have one common goal - to ensure every child in need be given the tools to build a better, brighter and healthy future.

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Financial

three stars

88.37

Accountability & Transparency

four stars

93.00

This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.3%
  Administrative Expenses 2.6%
  Fundraising Expenses 18.0%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 0.75
  Program Expenses Growth 15.0%
  Liabilities to Assets 9.6%
All data for Financial Performance Metrics calculations was provided by Speedway Children's Charities on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Speedway Children's Charities on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $905,138
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $2,579,714
   Related Organizations $376,303
   Government Grants $0
Total Contributions $3,861,155
   Program Service Revenue $0
Total Primary Revenue $3,861,155
   Other Revenue $-32,164
TOTAL REVENUE $3,828,991
   
EXPENSES  
   Program Expenses $3,259,354
   Administrative Expenses $100,190
   Fundraising Expenses $728,111
TOTAL FUNCTIONAL EXPENSES $4,087,655
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-258,664
   
Net Assets $2,929,120

Charts

Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Chuck Swannack Jr. Executive Director $60,054

Mission

Founded in 1982, the mission of Speedway Children's Charities (SCC) remains true to the ideals it was founded upon in 1982: To care for children in educational, financial, social and medical need in order to help them lead productive lives. Because of the unique conditions in every community, the issues SCC address are determined locally. Challenges ranging from learning disabilities, broken homes, and childhood cancer are on the agenda for the local chapters of SCC and the numerous non-profit organizations they support. Although priorities for SCC are set locally, we have one common goal - to ensure every child in need be given the tools to build a better, brighter and healthy future.

Highly Rated

Charity Name & State Overall Score Overall Rating
Speedway Children's Charities (NC) 90.40 four stars
Manhattan Beach Education Foundation (CA) 94.20 four stars
Walnut Hills High School Alumni Foundation (OH) 86.01 three stars
Vellore Christian Medical College Foundation (NY) 89.40 three stars
The Chi Chi Rodriguez Youth Foundation (FL) 89.61 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

Speedway Children's Charities
5555 Concord Parkway South
Smith Tower, Suite 408
Concord, NC 28027
tel: (800) 236-2354
fax: (704) 455-1099
EIN: 56-1331429

Visit Web Site

Board Leadership

Bruton Smith
Chairman