Public Charity

THE RACE FOR EDUCATION INC

THE RACE FOR EDUCATION INC is a nonprofit organization categorized as Public Charity based in LEXINGTON, KY. Its most recent IRS filing (2025) reports revenue of $158K, expenses of $227K, total assets of $644K. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $239K.

EIN: 421546327 LEXINGTON, KY Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$158K
Total Expenses$227K
Total Assets$644K
Grant Records9
Funding Total$239K
Filing Years2021–2025

Mission

TO PROVIDE OPPORTUNITIES FOR EDUCATIONAL SUCCESS FOR YOUNG PEOPLE WITH SIGNIFICANT NEEDS

Where $100 goes at The Race for Education Inc

How The Race for Education Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$64
Scholarships and grants-providing support to young people with significant financial needs and academic challenges
74% of program spending
$22
Providing grants and sponsorships to organizations that assist in increasing literacy worldwide
26% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
For grant recipient's exempt purposes
$15,000
2022
TO EDUCATE THE PUBLIC ABOUT THE IMPACT OF THE HORSE INDUSTRY IN KENTUCKY
$32,000
2020
For grant recipient's exempt purposes
$25,000
2019
For grant recipient's exempt purposes
$50,000
2018
GRANT TO FURTHER EQUINE PROMOTION
$29,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

DIRECTOR Amy Lawyer
DIRECTOR Bill Casner
DIRECTOR Chris Hoskins
DIRECTOR David Ingordo
DIRECTOR Debra Hamelback
DIRECTOR Dixie Kendall

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$142,000 6 grants
Animal Welfare
$97,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $158K $227K $644K
2024 $724K $154K $713K
2023 $82K $156K $142K
2022 $176K $164K $215K
2021 $114K $116K $226K

Between 2021 and 2025, reported annual revenue grew from $114K to $158K (+39%), with total assets most recently reported at $644K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE RACE FOR EDUCATION INC

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