Newton Community Events Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEWTON COMMUNITY EVENTS IS A 501(C)(3) WHOSE PURPOSE IS TO HELP ENCOURAGE COMMUNITY EVENTS IN JASPER COUNTY.
- Income
- $724,420
- Spending
- $723,892
- Spent on programs
- 100%
- Reserves
- 0.1 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 51 out of 100. Higher than 19% of charities in its peer group (human services, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
0 of 15Income fell 55% on the year before.
Spending floor
15 of 15100% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 91 out of 100. Higher than 77% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $575,438 spent. THE SUKUP INDYCAR RACE WEEKEND JULY 11-13 2025 AT IOWA SPEEDWAY NEWTON CONSISTED OF DOUBLE-HEADER 275-LAP NTT INDYCAR SERIES RACES ON SATURDAY JULY 12 AND SUNDAY JULY 13. THERE WAS A FIRESTONE INDY NXT SERIES RACE ON SATURDAY AS WELL. FRIDAY WAS SLAGED TO BE A FREE FAMILY DAY WITH PRACTICE LAPS BY BOTH SERIES AS WELL AS DRIVER AUTOGRAPH SESSIONS. UNFORTUNATELY A VIOLENT THUNDERSTORM ACCOMPANIED BY TORNADO WARNINGS SCUTTLED FRIDAY ACTIVITIES EARLY. THE WEATHER THE REST OF THE WEEKNEND WAS FAVORABLE AND ALL EVENTS WERE RUN AS SCHEDULED. ATTENDANCE WAS FAR BELOW THAT OF THE THREE PREVIOUS YEARS INDYCAR RACE WEEKENDS, MAINLY DUE TO A LACK OF TITLE SPONSORSHIP EQUIVALENT TO THAT PROVIDED BY HY-VEE IN 2022-2024 WHICH MADE A-LIST MUSIC CONCERTS AND PROJECTED ADDITIONAL PROMOTIONAL EXPENDITURES FINANCIALLY INFEASIBLE FOR INDYCAR AND THEIR PARTNER ORGANIZATIONS. DESPITE LOWER ATTENDANCE THERE WAS STILL AN ESTIMATED $40 MILLION DIRECT ECONOMIC IMPACT ON IOWA.
- $146,081 spent. THE 2025 NASCAR CUP SERIES WEEKEND AT IOWA SPEEDWAY IN NEWTON WAS A THREE DAY EVENT ON AUGUST 1-3 AND FEATURED THE TRACKS SECOND ANNUAL IOWA CORN 350 NASCAR CUP SERIES RACE ON SUNDAY AUGUST 3. TICKETS AND HOSPITALITY FOR THE CUP RACE ONCE AGAIN WERE SOLD OUT WELL IN ADVANCE SO THE FOCUS OF OUR PROMOTIONAL PUSH SHIFTED TO THE TWO SUPPORTING EVENTS THE NASCAR XFINITY SERIES RACE ON SATURDAY AUG 2 AND THE ARCA MENARDS SERIES EVENT ON FRIDAY AUG 1. THROUGH EFFECTIVE CROSS-PROMOTIONS WITH OTHER LOCAL EVENTS AND A FOCUSED PRIMARILY DIGITAL ADVERTISING STRATEGY THE NASCAR XFINITY SERIES EVENT WAS ALSO SOLD OUT BEFORE THEIR RACE WITH A LARGE APPRECIATIVE CROWD ON HAND FOR THE FRIDAY ARCA EVENT AS WELL. THE NASCAR CUP SERIES WEEKEND WAS A TREMENDOUS BOOST FOR THE LOCAL REGIONAL AND STATE ECONOMIES. WITH AN ESTIMATED TOTAL ECONOMIC IMPACT OF OVER $100 MILLION, THE CITY OF NEWTON, JASPER COUNTY AND SURROUNDING AREAS SAW HOTELS SELLING OUT AND LOCAL BUSINESSES INCREASED.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.