2024-12-20T11:26:32-06:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 4334 MUNSON STREET SUITE 200 CANTON OH 44718 990 2022-10-01 341141558 INTERNATIONAL SOAP BOX DERBY INC INTE 3307338723 1000 GEORGE WASHINGTON BLVD AKRON OH 44312 SCOTT TAYLOR CEO 3307338723 2024-12-19 1 1 JENNIFER COLEMAN P00743188 3304972000 2024-12-19 2022 2024-10-15 13:58:12Z SCOTT TAYLOR 1000 GEORGE WASHINGTON BLVD AKRON OH 44312 1722113 0 X WWW.SOAPBOXDERBY.ORG X 1974 OH THE INTERNATIONAL SOAP BOX DERBY IS A NON-PROFIT YOUTH EDUCATION AND LEADERSHIP DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO BUILD KNOWLEDGE AND CHARACTER, AND TO CREATE MEANINGFUL EXPERIENCES THROUGH FAIR AND HONEST RACING COMPETITIONS, STEM CURRICULUMS, AND OTHER COMMUNITY-FOCUSED ACTIVITIES. OUR CORE VALUES INCLUDE YOUTH EDUCATION AND LEADERSHIP DEVELOPMENT; FAMILY ENGAGEMENT AND ENRICHMENT; HONESTY, INTEGRITY AND PERSEVERANCE; INNOVATION AND ENTREPRENEURSHIP; TEAMWORK AND COLLABORATION; MENTORING; VOLUNTEERISM; AND COMMITMENT TO COMMUNITY. 16 16 19 2090 0 0 935304 570111 321737 371393 15637 6310 246062 248033 1518740 1195847 36000 36000 0 0 562301 554878 0 0 0 782931 775907 1381232 1366785 137508 -170938 2843199 2663551 503006 467182 2340193 2196369 X THE INTERNATIONAL SOAP BOX DERBY IS A NON-PROFIT YOUTH EDUCATION AND LEADERSHIP DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO BUILD KNOWLEDGE AND CHARACTER, AND TO CREATE MEANINGFUL EXPERIENCES THROUGH FAIR AND HONEST RACING COMPETITIONS, STEM CURRICULUMS, AND OTHER COMMUNITY-FOCUSED ACTIVITIES. OUR CORE VALUES INCLUDE YOUTH EDUCATION AND LEADERSHIP DEVELOPMENT; FAMILY ENGAGEMENT AND ENRICHMENT; HONESTY, INTEGRITY AND PERSEVERANCE; INNOVATION AND ENTREPRENEURSHIP; TEAMWORK AND COLLABORATION; MENTORING; VOLUNTEERISM; AND COMMITMENT TO COMMUNITY. 0 0 698490 36000 280419 THE INTERNATIONAL SOAP BOX DERBY, THRU NUMEROUS LOCAL CITY AND RALLY RACES RUN THROUGHOUT THE UNITED STATES AND THE WORLD AND VIA THE ANNUAL ALL-AMERICAN RACE IN AKRON, OHIO SERVE AN ESTIMATED 7,800 CHILDREN AND ADULTS. THIS RESULTS IN FAMILIES SPENDING HOURS TOGETHER IN PREPARATION, BUILDING, AND RACING THESE GRAVITY-POWERED CARS. 11857 0 319802 NEARLY 850 SCHOOLS AND 33,000 STUDENTS PARTICIPATED IN THE DERBY'S STEM BASED EDUCATION PROGRAM. THE PROGRAM USES THE TOOLS AND VALUES OF SOAP BOX DERBY EDUCATION PROGRAM IS DESIGNED TO PROVIDE K-12 EDUCATORS AND STUDENTS WITH THE PROJECT AND STANDARDS-BASED, INTER-CURRICULAR LEARNING OPPORTUNITIES FOR STUDENTS AND EDUCATORS TO BECOME ENGAGED IN AN ACTIVITY THAT IS GRAVITY POWERED AND STEM DRIVEN! THE CULMINATING ACTIVITY OF THE PROGRAM IS A OUTING TO THE HISTORIC DERBY DOWNS WHERE FIFTH AND SIXTH GRADE STUDENTS SPEND 90 MINUTES ENGAGING IN LEARNING ACTIVITIES THAT ENFORCE THE PRINCIPLES OF PHYSICS, PROVIDE OPPORTUNITIES FOR CREATIVITY, AND ENCOURAGE TEAMWORK AND COLLABORATION. 710347 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 5 0 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 OH X SCOTT TAYLOR 3307338723 1000 GEORGE WASHINGTON BLVD AKRON OH 44312 BRET TREIER CHAIRMAN 2.00 X X 0 0 0 NATE SARGENT VICE CHAIRMAN 2.00 X X 0 0 0 OLLIE PANNELL TREASURER 2.00 X X 0 0 0 PATRICIA ROY SECRETARY 2.00 X X 0 0 0 GREG BEAN DIRECTOR 2.00 X 0 0 0 EJ BRINSON DIRECTOR 2.00 X 0 0 0 ROB GERBERRY DIRECTOR 2.00 X 0 0 0 JAY GRIFFITH DIRECTOR 2.00 X 0 0 0 JESSE HURST DIRECTOR 2.00 X 0 0 0 JILL KOLESAR DIRECTOR 2.00 X 0 0 0 JOLENE LANE DIRECTOR 2.00 X 0 0 0 EUFRANCIA LASH DIRECTOR 2.00 X 0 0 0 BETHANY LAWRENCE DIRECTOR 2.00 X 0 0 0 MICHELLE TOMER DIRECTOR 2.00 X 0 0 0 DENNIS VANFOSSEN JR DIRECTOR 2.00 X 0 0 0 DERRAN WIMER DIRECTOR 2.00 X 0 0 0 SCOTT TAYLOR CEO (BEGAN AUGUST 2023) 40.00 X 0 0 0 MARK GERBERICH CEO (LEFT FEBRUARY 2023) 40.00 X 124850 0 23100 124850 0 23100 1 0 0 0 0 50000 520111 31923 570111 RACE CITY REVENUE 711210 160589 160589 RALLY FEES 711210 119830 119830 ANNUAL EVENT 711210 72513 72513 OTHER RACE WEEK REVENU 711210 18461 18461 371393 15870 15870 15765 0 15765 15765 15765 9560 -9560 -9560 -9560 745534 516706 228828 228828 MISCELLANEOUS INCOME 900099 3440 3440 3440 1195847 600221 0 25515 36000 36000 84809 30408 54401 373626 130769 242857 5438 1549 3889 83171 28739 54432 7834 2742 5092 4187 4187 40895 40895 2848 2848 61384 8065 53319 88603 87717 886 98666 91760 6906 10014 9313 701 3185 1529 1656 65533 65533 10474 4923 5551 8315 8315 85998 85998 101781 20356 81425 OTHER RACING EVENTS 133191 133191 BANK FEES 17764 17764 TRACK EXPENSE 13404 13404 EDUCATIONAL PROGRAM COS 11857 11857 17808 6413 11395 1366785 710347 656438 0 271584 364509 102342 66151 173271 0 259092 239878 18498 11567 3559359 1817650 1786382 1741709 232030 239737 2843199 2663551 96276 311923 257111 45532 66577 10670 83042 80164 0 18893 503006 467182 X 2340193 2196369 2340193 2196369 2843199 2663551 -170938 27114 0 X 0 0 0 X 956935 635917 1096444 935304 570111 4194711 956935 635917 1096444 935304 570111 4194711 1068401 3126310 2639 7786 9082 15725 31635 66867 23476 31651 43982 28341 3440 130890 4392468 3890785 0.71170 0.74620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3191981 1573096 1618885 231760 173692 58068 135618 70862 64756 1741709 PAYROLL LIABILIITES 18893 18893 1 SCHOLARSHIPS 18 36000 PART I, LINE 2: EACH STUDENT IS REQUIRED TO PROVIDE SOME FORM OF DOCUMENTATION TO SUBSTANTIATE EXPENSES INCURRED FOR EDUCATIONAL PURPOSES UPON PRESENTATION OF THESE DOCUMENTS, THE FUNDS ARE RELEASED. X SUPER STOCK SHELLS 1 31673 ACTUAL VALUE 0 0 0 FORM 990, PART I, LINE 6 THE ORGANIZATION HAS THOUSANDS OF VOLUNTEERS DONATING THEIR TIME TO THE VARIOUS ACTIVITIES THAT THE DERBY HAS TO OFFER. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE CEO AND THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REMINDS THOSE WITH CONFLICTS ON MATTERS TO ABSTAIN FROM VOTING AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS THE PERFORMANCE OF THE ORGANIZATION AND BASED ON BUDGETARY ALLOWANCE, COMPENSATION IS RECOMMENDED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.