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International Soap Box Derby Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341141558 ✦ Akron, OH ✦ Designated as a 501(c)(3)

Overview

What is International Soap Box Derby Inc?

International Soap Box Derby Inc is a nonprofit organization dedicated to youth education and leadership development, based at 1000 George Washington Blvd, Akron, Ohio 44312. Their mission involves building knowledge and character, fostering meaningful experiences through fair and honest racing competitions, STEM curriculums, and community-focused activities. They engage families by encouraging them to work together in preparing, building, and racing gravity-powered cars. With a strong focus on integrity, innovation, teamwork, and volunteerism, the organization promotes values like honesty, perseverance, mentoring, and commitment to community. With a team of 15 individuals, they serve approximately 7,500 children and adults through local races, leading to memorable experiences for all participants.


Official website here: www.soapboxderby.org

Is International Soap Box Derby Inc legitimate?

International Soap Box Derby Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Soap Box Derby Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $132,766
Professional Fundraising Fees: $0
Other Salaries and Wages: $330,501

For more financial information, click here


Official website here: www.soapboxderby.org

What is the mission statement of International Soap Box Derby Inc?

The International Soap Box Derby Inc is a non-profit organization dedicated to youth education and leadership development. Its mission is to foster knowledge and character, creating meaningful experiences through fair and honest racing competitions, STEM curriculum, and various community-focused activities. The organization values 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.


Official website here: www.soapboxderby.org

Who is the CEO of International Soap Box Derby Inc?

Mark Gerberich is the Chairman of International Soap Box Derby Inc. The CEO's salary of International Soap Box Derby Inc is $124,417 and their total compensation is $130,536.


Official website here: www.soapboxderby.org

What is the revenue of International Soap Box Derby Inc?

International Soap Box Derby Inc's revenue in 2022 was $1,518,740.


Official website here: www.soapboxderby.org

Who are the executives of International Soap Box Derby Inc and what are their salaries?

The average compensation at International Soap Box Derby Inc during 2022 was $30,884. There are 15 employees and 1,700 volunteers at International Soap Box Derby Inc.

Here are 15 key members and their salaries (International Soap Box Derby Inc's CEO's salary is $124,417 and their total compensation is $130,536):

    Mark Gerberich (Ceo)
  • Compensation: $124,417
  • Related: $0
  • Other: $6,119

    • Bret Treier (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nate Sargent (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ollie Pannell (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Roy (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bethany Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ej Brinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Gerberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Griffith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Hurst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jolene Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Tomer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Vanfossen Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eufrancia Lash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Bean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.soapboxderby.org

    Where can I find the form 990 for International Soap Box Derby Inc?

    The International Soap Box Derby Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.soapboxderby.org

    Learn more at the official website: www.soapboxderby.org

    Mission Statement of International Soap Box Derby Inc

    The International Soap Box Derby Inc, a non-profit organization, is dedicated to fostering youth education and leadership development. Their mission is multifaceted, encompassing the construction of knowledge and character, and the creation of meaningful experiences through fair and honest racing competitions, STEM curriculums, and community-focused activities. This non-profit organization values 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. The International Soap Box Derby Inc aims to provide opportunities that not only engage but also educate young individuals, instilling in them values that will serve them throughout their lives.

    Impact

    This information is meant to be a general summary of International Soap Box Derby Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The International Soap Box Derby Inc's impact lies in its dedication to youth education and leadership development through fair and honest racing competitions, STEM curriculums, and community-focused activities. By serving an estimated 7,500 children and adults through local city and rally races across the United States and the world, families are able to spend quality time together in preparation, building, and racing gravity-powered cars. This organization fosters values such as honesty, integrity, perseverance, innovation, entrepreneurship, teamwork, collaboration, mentoring, volunteerism, and commitment to community, making a positive impact on the lives of those involved.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,637
  • Program Service Revenue: $321,737
  • Gross Receipts: $1,996,981

    • Assets and Liabilities:
  • Total Assets: $2,843,199
  • Total Liabilities: $503,006
  • Net Assets: $2,340,193
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RACE CITY REVENUE

    Revenue

    $131,605

    ANNUAL EVENT

    Revenue

    $91,507

    RALLY FEES

    Revenue

    $78,460

    OTHER RACE WEEK REVENU

    Revenue

    $20,165

    Organization Details

    Founding Year

    1974

    Principal Officer

    Mark Gerberich

    Main Address

    1000 GEORGE WASHINGTON BLVD, AKRON, OH, 44312

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of International Soap Box Derby Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.