Overview
What is Lake Of The Ozarks Shootout Inc Duggan?
Lake of the Ozarks Shootout Inc Duggan is a nonprofit organization situated in Sunrise Beach, Missouri. The primary focus of this organization is to host an annual boat race, attracting participants from various parts of the country. Their primary objective is to generate funds during this event and subsequently donate all the proceeds to local fire departments and other charitable organizations within their community. This philanthropic approach allows them to contribute significantly to the well-being of their hometown.
Official website here: www.lakeoftheozarksshootout.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star Rating
Lake Of The Ozarks Shootout Inc Duggan has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is solely derived from the Accountability & Finance beacon, where critical weaknesses have been identified, particularly the lack of independent board members and missing financial statements.
The organization has no independent board members, which raises questions about governance and oversight. Additionally, key policies such as conflict of interest and whistleblower protections are missing, which could potentially compromise transparency and ethical standards. While the organization does maintain a solid program expense ratio of 100%, it fails to provide necessary financial documentation, impacting its credibility and accountability.
Overall, while Lake Of The Ozarks Shootout Inc Duggan demonstrates a strong commitment to program expenses, the lack of transparency, independent oversight, and missing policies hinder its overall rating. Prospective donors and supporters should consider these factors carefully when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Lake Of The Ozarks Shootout Inc Duggan legitimate?
Lake Of The Ozarks Shootout Inc Duggan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Of The Ozarks Shootout Inc Duggan 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lakeoftheozarksshootout.com
What is the mission statement of Lake Of The Ozarks Shootout Inc Duggan?
Lake of the Ozarks Shootout Inc. is an organization that annually hosts a boat race to raise funds. The primary objective of this event is to generously donate all the collected proceeds to local fire departments and various charitable organizations within the community. Through this annual boat race, the organization aims to contribute significantly to the well-being of the community by providing financial support to essential services and charitable initiatives.
Official website here: www.lakeoftheozarksshootout.com
Who is the CEO of Lake Of The Ozarks Shootout Inc Duggan?
Ronald Duggan is the President of Lake Of The Ozarks Shootout Inc Duggan.
Official website here: www.lakeoftheozarksshootout.com
What is the revenue of Lake Of The Ozarks Shootout Inc Duggan?
Lake Of The Ozarks Shootout Inc Duggan's revenue in 2022 was $1,180,191.
Official website here: www.lakeoftheozarksshootout.com
Who are the executives of Lake Of The Ozarks Shootout Inc Duggan and what are their salaries?
There 690 volunteers at Lake Of The Ozarks Shootout Inc Duggan.
Here are 7 key members and their salaries:
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Official website here: www.lakeoftheozarksshootout.com
Where can I find the form 990 for Lake Of The Ozarks Shootout Inc Duggan?
Lake Of The Ozarks Shootout Inc Duggan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeoftheozarksshootout.com
Learn more at the official website: www.lakeoftheozarksshootout.com
Mission Statement of Lake Of The Ozarks Shootout Inc Duggan
Lake of the Ozarks Shootout Inc. Duggan is a nonprofit organization that annually hosts a boat race to raise funds. This event attracts participants from across the country, and all the proceeds are then donated to local fire departments and other charitable organizations within the community. By organizing this event, Lake of the Ozarks Shootout Inc. Duggan serves as a vital source of financial support for these essential services, contributing to the well-being and safety of the community as a whole. The organization's mission is to leverage the excitement and interest generated by the boat race to make a positive impact on the community, ensuring that funds are directed towards deserving local charities and emergency services.
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Impact
October, 2024
Lake Of The Ozarks Shootout Inc Duggan plays a significant role in both the local economy and community support through its annual boat race event. By attracting participants and spectators from across the country, the event not only promotes recreational activities but also bolsters tourism in the Sunrise Beach area. The influx of visitors generates economic benefits for local businesses, from hotels and restaurants to retail shops.
The funds raised during the race are crucial for supporting local fire departments and various charitable organizations. This financial assistance enhances emergency services and promotes community welfare, ensuring vital resources are available for those in need. By fostering community engagement and camaraderie, the organization reinforces the spirit of giving back, making a lasting impact on the lives of residents in the region. Through its mission, Lake Of The Ozarks Shootout Inc Duggan exemplifies how recreational events can serve a greater purpose, benefitting the community while providing a fun and exciting atmosphere for participants and onlookers alike.
This information is meant to be a general summary of Lake Of The Ozarks Shootout Inc Duggan. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,180,191
Assets and Liabilities:
- Total Assets: $28,917
- Total Liabilities: $0
- Net Assets: $28,917
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Organization Details
Founding Year
2008
Phone
(573) 374-8400Principal Officer
Ronald Duggan
Main Address
PO BOX 568, SUNRISE BEACH, MO, 65079
NTEE Category
Code: N62 - Recreation
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