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Nantucket Disc Golf Inc

Nantucket Disc Golf Foundation

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

EIN: 271503224 ✦ Forth worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Nantucket Disc Golf Inc?

Nantucket Disc Golf Inc, operating under the name Nantucket Disc Golf Foundation, is a nonprofit organization based in Fort Worth, Texas. Its primary mission is to promote the mental and physical well-being of the youth on Nantucket, Massachusetts, by providing an affordable, family-friendly, and year-round recreational alternative through disc golf. To achieve this, Nantucket Disc Golf Inc operates a disc golf course on the island and actively engages in various initiatives to introduce and popularize the sport among the local community. In 2022, they hosted several youth disc golf clinics, including sessions for children from the Nantucket Boys and Girls Club, staff and their children from the Nantucket Cottage Hospital, and physical education classes at the Nantucket High School. The organization also collaborated with local groups such as the Strong Wings Youth Group to offer disc golf experiences. By promoting disc golf, Nantucket Disc Golf Inc aims to provide a healthful and enjoyable activity for the youth on the island.


Official website here: www.nantucketdiscgolf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. Overall score: 66%, earning a Two-Star out of Four Star rating. This rating indicates that Nantucket Disc Golf Inc has room for improvement in its accountability and financial practices, which can impact donor trust and support.

The organization demonstrates strengths such as having a fully independent board and no material diversion of assets, indicating good governance and financial integrity. Additionally, a high program expense ratio of 74.16% suggests that the majority of funds are allocated towards its programs rather than administrative costs, which is a positive sign for stakeholders.

However, there are notable limitations in its practices. The lack of key policies, including conflict of interest, whistleblower, and document retention, as well as the absence of posted tax forms on its website, raises concerns about transparency and governance. Addressing these issues could improve the organization's rating and enhance trust among its supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Nantucket Disc Golf Inc legitimate?

Nantucket Disc Golf Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Disc Golf 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,100

For more financial information, click here


Official website here: www.nantucketdiscgolf.org

What is the mission statement of Nantucket Disc Golf Inc?

Nantucket Disc Golf Inc's mission is centered around promoting the overall well-being of youth through disc golf. They aim to provide a cost-effective, family-friendly, and year-round recreational alternative that encourages physical and mental health. The organization strongly believes in the suitability of disc golf as a recreational activity and is committed to installing and maintaining a disc golf course. Furthermore, Nantucket Disc Golf Inc is dedicated to promoting the sport of disc golf and fostering its growth on the island for the long term.


Official website here: www.nantucketdiscgolf.org

Who is the CEO of Nantucket Disc Golf Inc?

R Todd Rainwater is the Treasurer of Nantucket Disc Golf Inc. The CEO's salary of Nantucket Disc Golf Inc is $0 and their total compensation is $0.


Official website here: www.nantucketdiscgolf.org

What is the revenue of Nantucket Disc Golf Inc?

Nantucket Disc Golf Inc's revenue in 2022 was $55,448.


Official website here: www.nantucketdiscgolf.org

Who are the executives of Nantucket Disc Golf Inc and what are their salaries?

The average compensation at Nantucket Disc Golf Inc during 2022 was $1,050. There are 2 employees at Nantucket Disc Golf Inc.


Here are 3 key members and their salaries (Nantucket Disc Golf Inc's CEO's salary is $0 and their total compensation is $0):


John Millar (Treasurer)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Phil Lindsay (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Todd Rainwater (Pres, Ceo, C)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nantucketdiscgolf.org

Where can I find the form 990 for Nantucket Disc Golf Inc?

Nantucket Disc Golf Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nantucketdiscgolf.org

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

Mission Statement of Nantucket Disc Golf Inc

Nantucket Disc Golf Inc, a nonprofit organization, aims to foster the mental and physical well-being of the youth on Nantucket through the design and operation of a disc golf course. Recognizing the suitability of disc golf as a low-cost, family-friendly, year-round recreational activity, Nantucket Disc Golf Inc is committed to installing and maintaining the course, and promoting the sport of disc golf on the island for years to come. Their mission is to encourage youth engagement and overall well-being by providing an alternative form of entertainment that is both healthy and enjoyable.

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Impact




August, 2024

Nantucket Disc Golf Inc has a significant impact on the community by promoting the mental and physical well-being of the youth on Nantucket. Through designing and operating a disc golf course for public use, the organization provides a healthy, inexpensive, family-friendly, year-round recreational alternative for the residents of Nantucket. By hosting youth disc golf clinics, tournaments, and events, Nantucket Disc Golf Inc is actively engaging children and adults in the sport and fostering a sense of community. The organization's efforts to work with schools, youth groups, and other community organizations demonstrate a commitment to promoting the benefits of disc golf and providing recreational opportunities for all.




This information is meant to be a general summary of Nantucket Disc Golf Inc. 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.

Revenue
$55,448 (2022)
Expenses
$165,554 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $409
  • Program Service Revenue: $9,226
  • Gross Receipts: $55,448

Assets and Liabilities:

  • Total Assets: $383,411
  • Total Liabilities: $0
  • Net Assets: $383,411

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Programs

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

TOURNAMENT FEES

Revenue

$9,226

Organization Details

Founding Year

2009

Principal Officer

R Todd Rainwater

Main Address

PO BOX 470484, FORTH WORTH, TX, 76147

NTEE Category

Code: N99 - Recreation

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