Nonprofit · EIN 34-1141558
INTERNATIONAL SOAP BOX DERBY INC
Tax-exempt · AKRON, OH 44312
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $837,407 | $1,285,431 | -$448,024 | $2,246,597 | $681,331 | $1,565,266 |
| September 30, 2024 | 990 | $1,043,948 | $1,280,719 | -$236,771 | $2,483,312 | $492,440 | $1,990,872 |
| September 30, 2023 | 990 | $1,195,847 | $1,366,785 | -$170,938 | $2,663,551 | $467,182 | $2,196,369 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $453,181
- of which government grants
- $50,000
- Program service revenue
- $244,737
- Investment income
- $7,190
- Net rental income
- $17,153
- Net gain from sales of assets
- -$9
- Net income from sales of inventory
- $98,272
- Other revenue
- $132,299
Expenses
- Grants and similar amounts paid
- $36,000
- Compensation of officers, directors and key employees
- $136,007
- Other salaries and wages
- $351,675
- Salaries, compensation and benefits (total)
- $562,821
- Professional fundraising fees
- $0
- Legal fees
- $170
- Accounting fees
- $30,636
- Occupancy
- $41,134
- Travel
- $13,306
- Depreciation
- $90,868
- Program services (functional)
- $735,500
- Management and general (functional)
- $549,771
- Fundraising (functional)
- $160
Balance sheet and other
- Total assets, start of year
- $2,483,312
- Total assets, end of year
- $2,246,597
- Total liabilities, end of year
- $681,331
- Net assets, end of year
- $1,565,266
- Land, buildings and equipment
- $1,570,358
- Publicly traded securities
- $257,163
- Net assets without donor restrictions
- $1,536,741
- Net assets with donor restrictions
- $28,525
- Gross receipts
- $1,323,366
- Employees
- 17
- Volunteers
- 3,300
- Year formed
- 1974
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT TAYLOR | PRESIDENT & CEO THRU JUNE 2025 Officer | 40 | $128,554 | $12,391 |
| OLENGER PANNELL | CHAIR THRU APRIL 2025 Trustee or director, Officer | 4 | $0 | $0 |
| JILL KOLESAR | CHAIR BEGIN MAY 2025 Trustee or director, Officer | 4 | $0 | $0 |
| NATHAN SARGENT | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| BETHANY LAWRENCE | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| ANNE RERICHA | SECRETARY BEGIN JUNE 2025 Trustee or director, Officer | 4 | $0 | $0 |
| GREGORY BEAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BILL FORQUER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT GERBERRY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAY GRIFFITH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JESSE HURST | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOLENE LANE | BOARD MEMBER THRU JUNE 2025 Trustee or director | 2 | $0 | $0 |
| EUFRANCIA LASH | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MICHELE TOMER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRET TREIER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICIA WAGNER | BOARD MEMBER Trustee or director | 2 | $0 |
| DARRAN WIMER | BOARD MEMBER THRU DEC 2024 Trustee or director | 2 | $0 |
| DENNIS VANFOSSEN JR | INT. EXEC. DIRECTOR BEGIN JUNE 2025 Officer | 40 | $0 |
990 for the year ended September 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT TAYLOR | PRESIDENT & CEO Officer | 40 | $45,000 |
| OLENGER PANNELL | CHAIR Trustee or director, Officer | 2 | $0 |
| JILL KOLESAR | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| NATE SARGENT | SECRETARY Trustee or director, Officer | 2 | $0 |
| BETHANY LAWRENCE | TREASURER Trustee or director, Officer | 2 | $0 |
| GREGORY BEAN | BOARD MEMBER Trustee or director | 2 | $0 |
| BILL FORQUER | BOARD MEMBER (BEGAN 04/2024) Trustee or director | 2 | $0 |
| ROB GERBERRY | BOARD MEMBER Trustee or director | 2 | $0 |
| JAY GRIFFITH | BOARD MEMBER Trustee or director | 2 | $0 |
| JESSE HURST | BOARD MEMBER Trustee or director | 2 | $0 |
| JOLENE LANE | BOARD MEMBER Trustee or director | 2 | $0 |
| EUFRANCIA LASH | BOARD MEMBER Trustee or director | 2 | $0 |
| MICHELE TOMER | BOARD MEMBER Trustee or director | 2 | $0 |
| BRET TREIER | BOARD MEMBER Trustee or director | 2 | $0 |
| DENNIS VANFOSSEN JR | BOARD MEMBER Trustee or director | 2 | $0 |
| PATRICIA WAGNER | BOARD MEMBER Trustee or director | 2 | $0 |
| DARRAN WIMER | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK GERBERICH | CEO (LEFT FEBRUARY 2023) Officer | 40 | $124,850 | $23,100 |
| BRET TREIER | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| NATE SARGENT | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| OLLIE PANNELL | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PATRICIA ROY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| GREG BEAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EJ BRINSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROB GERBERRY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JAY GRIFFITH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JESSE HURST | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JILL KOLESAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOLENE LANE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EUFRANCIA LASH | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BETHANY LAWRENCE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHELLE TOMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DENNIS VANFOSSEN JR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DERRAN WIMER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SCOTT TAYLOR | CEO (BEGAN AUGUST 2023) Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 GEORGE WASHINGTON BLVD, AKRON, OH 44312-3004
- In care of
- % H L PALOMBO
- Principal officer (990 for 2024)
- BETHANY LAWRENCE, 1000 GEORGE WASHINGTON BLVD, AKRON, OH 44312
- Signed the 990
- BETHANY LAWRENCE, TREASURER
- Phone
- (330) 733-8723
- Website
- WWW.SOAPBOXDERBY.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE INTERNATIONAL SOAP BOX DERBY IS A NON-PROFIT YOUTH EDUCATION AND LEADERSHIP DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO INSPIRE THE NEXT GENERATION OF CHAMPIONS, BRING STEM EDUCATION OUT OF THE CLASSROOM, PROMOTE THE DERBY EXPERIENCE, AND CULTIVATE LIFELONG SKILLS AND CHARACTER. OUR CORE VALUES INCLUDE PERSEVERANCE, SPORTSMANSHIP, COMMUNITY, LEADERSHIP, AND COLLABORATION.
Program accomplishments
- FIRSTENERGY ALL-AMERICAN SOAP BOX DERBY RACING PROGRAM:THE FIRSTENERGY ALL-AMERICAN SOAP BOX DERBY (AASBD) IS THE INTERNATIONAL SOAP BOX DERBY'S (ISBD) SIGNATURE ANNUAL EVENT, DRAWING OVER 300 YOUTH CHAMPIONS FROM ACROSS THE UNITED STATES, CANADA, AND JAPAN TO AKRON, OHIO. PARTICIPANTS QUALIFY BY COMPETING IN MORE THAN 1,300 SANCTIONED LOCAL AND RALLY RACES HELD ANNUALLY IN NEARLY 90 RACE CITIES WORLDWIDE. RACERS COMPETE IN THREE DIVISIONS: STOCK, SUPER STOCK, AND MASTERS. THE AASBD WORLD CHAMPIONSHIP RACE TAKES PLACE ON THE HISTORIC DERBY DOWNS TRACK, A WPA-ERA FACILITY MAINTAINED BY THE ORGANIZATION. THIS WEEK-LONG CHAMPIONSHIP PROMOTES YOUTH DEVELOPMENT, STEM LEARNING, INTERNATIONAL GOODWILL, FAMILY BONDING, AND COMMUNITY ENGAGEMENT.Expenses $466,845 · grants $36,000 · revenue $210,043
- RETAIL STORE OPERATIONS SUPPORTING RACING AND EDUCATIONISBD OPERATES A NATIONAL RETAIL STORE TO PROVIDE ESSENTIAL EQUIPMENT AND MATERIALS FOR ITS RACING AND EDUCATIONAL PROGRAMS. THE STORE OFFERS OFFICIAL SOAP BOX DERBY CAR KITS, PARTS, TOOLS, AND ACCESSORIES FOR PARTICIPATION IN DIVISIONS INCLUDING STOCK, SUPER STOCK, MASTERS, LEGACY, AND THE CORPORATE DERBY CHALLENGE. THESE STANDARDIZED SUPPLIES PROMOTE SAFETY, EQUITY, AND ACCESSIBILITY FOR YOUTH AND EDUCATORS NATIONWIDE.THE STORE ALSO DISTRIBUTES STEM-ALIGNED CLASSROOM KITS AND EDUCATIONAL TOOLS THAT SUPPORT THE ORGANIZATION'S CURRICULUM-BASED PROGRAMS. THESE RESOURCES HELP EXPAND THE REACH OF DERBY-BASED LEARNING IN SCHOOLS AND COMMUNITY SETTINGS. REVENUE GENERATED FROM THE STORE HAS BEEN REINVESTED DIRECTLY INTO ISBD'S RACING, EDUCATION, AND OUTREACH PROGRAMS TO HELP ENSURE LONG-TERM PROGRAM SUSTAINABILITY AND MISSION DELIVERY.Expenses $127,717 · revenue $98,272
- STEM-BASED EDUCATION PROGRAM:THE INTERNATIONAL SOAP BOX DERBY (ISBD) DELIVERS EXPERIENTIAL STEM EDUCATION FOR K12 STUDENTS THROUGH CLASSROOM PROGRAMS, EXTRACURRICULAR ACTIVITIES, AND HANDS-ON SUMMER LEARNING. STUDENTS APPLY SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH CONCEPTS BY DESIGNING, BUILDING, AND RACING BOTH MINI AND FULL-SIZE SOAP BOX DERBY CARS. THE CURRICULUM ALIGNS WITH NATIONAL EDUCATION STANDARDS AND EMPHASIZES TEAMWORK, CREATIVITY, AND REAL-WORLD PROBLEM-SOLVING.KEY COMPONENTS INCLUDE THE GRAVITY RACING CHALLENGE (GRC) STEM TEAM COMPETITION AND THE STEM SUMMER CAMP, BOTH DESIGNED TO ENGAGE STUDENTS IN HANDS-ON LEARNING AND RACING EXPERIENCES. THE GRC TAKES PLACE IN SCHOOLS, YOUTH ORGANIZATIONS, AND AFTER-SCHOOL SETTINGS, ENCOURAGING GROUP COLLABORATION AND INNOVATION THROUGH CAR CONSTRUCTION AND COMPETITION.THE STEM SUMMER CAMP IS A WEEK-LONG IMMERSIVE EXPERIENCE HELD AT DERBY DOWNS FOR YOUTH AGES 8 TO 13. CAMPERS RACE FULL-SIZE SOAP BOX DERBY CARS DAILY, PARTICIPATE IN STEM CHALLENGES, AND BUILD, DECORATE, AND RACE THEIR OWN MINI SOAP BOX DERBY CARS, WHICH THEY TAKE HOME AT THE END OF THE PROGRAM. THE CAMP CULMINATES IN A FAMILY DAY CELEBRATION, WHERE PARENTS AND GUESTS ATTEND A MINI CAR AND FULL-SIZE CHAMPIONSHIP RACE TO CHEER ON PARTICIPANTS.ISBD PROVIDES EDUCATIONAL MATERIALS TO SCHOOLS AND NONPROFITS THROUGH GRANTS AND DONATIONS SUPPORTING STEM EDUCATION. THESE PROGRAMS ARE INTENTIONALLY INCLUSIVE, PRIORITIZING ACCESS FOR UNDERSERVED COMMUNITIES. THROUGH THESE INITIATIVES, ISBD FOSTERS EARLY INTEREST IN STEM CAREERS, ENGINEERING CONCEPTS, AND LIFELONG LEARNING BY MAKING SCIENCE FUN AND ENGAGING.Expenses $126,636 · revenue $30,205
- EVENTS AT DERBY DOWNSDERBY DOWNS IS MORE THAN A RACETRACK. IT SERVES AS A COMMUNITY HUB WHERE ISBD HOSTS MISSION-ALIGNED EVENTS THAT PROMOTE INCLUSION, INTERGENERATIONAL EXPERIENCES, AND PUBLIC ENGAGEMENT. THESE PROGRAMS BRING TOGETHER YOUTH, SENIORS, FAMILIES, AND COMMUNITY PARTNERS IN UNIQUE WAYS THAT SUPPORT EDUCATION, WELLNESS, AND SOCIAL CONNECTION.EVENTS HELD AT DERBY DOWNS INCLUDE:SENIOR DAY AT DERBY DOWNSTHIS ANNUAL EVENT PROVIDES OLDER ADULTS WITH THE OPPORTUNITY TO RELIVE CHILDHOOD THRILLS BY RIDING DOWN THE DERBY DOWNS TRACK IN SPECIALLY MODIFIED SOAP BOX DERBY CARS. THE DAY INCLUDES WELLNESS RESOURCES, SOCIAL ACTIVITIES, AND COMMUNITY ENGAGEMENT. THE PROGRAM PROMOTES ACTIVE AGING, COMMUNITY CONNECTION, AND FUN.CORPORATE DERBY CHALLENGETHIS TEAM-BUILDING EVENT INVITES LOCAL BUSINESSES, NONPROFITS, AND CIVIC ORGANIZATIONS TO BUILD AND RACE ADULT-SIZED SOAP BOX DERBY CARS AT DERBY DOWNS. WHILE THE EVENT WAS NOT HELD IN THE MOST RECENT PROGRAM YEAR, IT IS SCHEDULED TO RETURN IN 2025. THE CORPORATE DERBY CHALLENGE FOSTERS COLLABORATION, FRIENDLY COMPETITION, AND EMPLOYEE ENGAGEMENT WHILE SUPPORTING THE MISSION OF ISBD.THESE COMMUNITY-CENTERED EVENTS ALLOW ISBD TO EXPAND ITS REACH BEYOND TRADITIONAL RACE PARTICIPANTS AND FOSTER A DEEPER CONNECTION WITH THE GREATER AKRON REGION. BY OFFERING MEANINGFUL EXPERIENCES TO RESIDENTS OF ALL AGES, DERBY DOWNS BECOMES A PLACE WHERE HISTORY, EDUCATION, AND JOY COME TOGETHER.Expenses $14,230 · revenue $4,489
- YOUTH LEADERSHIP & VOLUNTEER DEVELOPMENTISBD CULTIVATES YOUTH LEADERSHIP AND SERVICE THROUGH STRUCTURED VOLUNTEER OPPORTUNITIES IN RACING OPERATIONS, MENTORSHIP, AND COMMUNITY OUTREACH. FORMER RACERS AND LOCAL YOUTH SERVE AS RACE ASSISTANTS, CAR INSPECTORS, PIT CREW MEMBERS, AND EVENT COORDINATORS. THESE ROLES PROVIDE VALUABLE EXPERIENCE IN LEADERSHIP, LOGISTICS, AND TEAMWORK. EACH YEAR, ISBD HONORS YOUTH UNDER 21 WHO DEMONSTRATE EXCEPTIONAL LEADERSHIP AT THE LOCAL, REGIONAL, AND NATIONAL LEVELS WITH THE PRESIDENT'S YOUTH SERVICE AWARD. TO HONOR EXEMPLARY CONTRIBUTIONS, ISBD ESTABLISHED A HALL OF FAME, WHICH HAS INDUCTED NEARLY 90 INDIVIDUALS WHO HAVE SIGNIFICANTLY ADVANCED THE SPORT THROUGH THEIR LEADERSHIP, MENTORSHIP, INNOVATION, OR PHILANTHROPIC SUPPORT. THE ORGANIZATION IS SUSTAINED BY MORE THAN 3,300 DEDICATED VOLUNTEERS ANNUALLY, MANY OF WHOM HAVE SUPPORTED SOAP BOX DERBY EVENTS FOR DECADES. IN SOME FAMILIES, VOLUNTEERING HAS BECOME A PROUD GENERATIONAL TRADITION, WITH MULTIPLE GENERATIONS RETURNING EACH YEAR TO CONTRIBUTE. SEVERAL INDIVIDUALS HAVE GIVEN OVER 60 YEARS OF CONTINUOUS SERVICE, REFLECTING A DEEP PERSONAL COMMITMENT TO THE MISSION AND COMMUNITY OF THE DERBY. THESE EFFORTS ARE COORDINATED BY A NETWORK OF REGIONAL DIRECTORS WHO ENSURE THE SUCCESSFUL EXECUTION OF HUNDREDS OF LOCAL AND NATIONAL EVENTS.Expenses $72
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 34-1141558
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $2,246,597
- Income (IRS master file)
- $1,323,366
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $837,407 | $1,285,431 | $2,246,597 | XML |
| 990 | September 2024 | $1,043,948 | $1,280,719 | $2,483,312 | XML |
| 990 | September 2023 | $1,195,847 | $1,366,785 | $2,663,551 | XML |
| 990 | September 2022 | $1,518,740 | $1,381,232 | $2,843,199 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1141558).
Questions about INTERNATIONAL SOAP BOX DERBY INC
- What is the EIN of INTERNATIONAL SOAP BOX DERBY INC?
- The employer identification number (EIN) of INTERNATIONAL SOAP BOX DERBY INC is 34-1141558.
- Is INTERNATIONAL SOAP BOX DERBY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to INTERNATIONAL SOAP BOX DERBY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERNATIONAL SOAP BOX DERBY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNATIONAL SOAP BOX DERBY INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL SOAP BOX DERBY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of INTERNATIONAL SOAP BOX DERBY INC?
- The 990 for the year ended September 30, 2025 names BETHANY LAWRENCE.
- Who are the officers and directors of INTERNATIONAL SOAP BOX DERBY INC?
- The 990 for the year ended September 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $128,554 (SCOTT TAYLOR, PRESIDENT & CEO THRU JUNE 2025).
- How much revenue does INTERNATIONAL SOAP BOX DERBY INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $837,407, expenses of $1,285,431 and total assets of $2,246,597 at year end.
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