Overview
What is Dlt Event Management Inc?
Dlt Event Management Inc, located in Arkadelphia, Arkansas, is a charitable organization primarily focused on hosting multiple sporting events. Their primary mission is to provide a platform for public competition, with the profits generated from these events then channeled towards supporting local community charities and volunteer fire departments. By participating in these events, individuals contribute to the betterment of their local communities, with a total of three charitable organizations benefiting from the event proceeds.
Official website here: www.dltmultisport.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 Stars
Dlt Event Management Inc currently holds a Zero-Star out of Four Star rating based on a low overall score of 26%, primarily reflecting significant concerns in accountability and finance. The charity’s score is derived entirely from this beacon, which indicates severe limitations in areas that ensure transparency and responsible management of resources. The fiscal year reviewed was FY2022, revealing a very high ratio of liabilities to assets and an extremely low percentage of funds allocated to program expenses, with only 21.05% being directed towards its intended mission.
Despite some strengths, such as having a majority of independent board members and no signs of material diversion of assets, the organization lacks essential governance policies. Specifically, there are missing conflict of interest, whistleblower, and document retention policies, which are critical for ensuring ethical practices within nonprofit governance. The board size also triggers concerns, as only two independent members are reported.
Overall, Dlt Event Management Inc’s financial practices and governance policies raise red flags, suggesting a need for substantial improvement to foster donor trust and effectively serve its mission. Without addressing these significant issues, the organization may struggle to attract support or demonstrate its impact effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Dlt Event Management Inc legitimate?
Dlt Event Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dlt Event Management 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: $0
For more financial information, click here
Official website here: www.dltmultisport.com
What is the mission statement of Dlt Event Management Inc?
Dlt Event Management Inc is dedicated to offering the public an opportunity to participate in various sporting events. The primary objective is to generate income from these events, which is then utilized to fund charitable organizations that serve local communities. The organization's charitable contributions are distributed to three selected non-profit organizations and volunteer fire departments, utilizing the net proceeds from the events. In essence, Dlt Event Management Inc serves as a platform for sports enthusiasts while contributing to the well-being of its local community.
Official website here: www.dltmultisport.com
Who is the CEO of Dlt Event Management Inc?
Fred L Phillips is the Director of Dlt Event Management Inc.
Official website here: www.dltmultisport.com
What is the revenue of Dlt Event Management Inc?
Dlt Event Management Inc's revenue in 2022 was $0.
Official website here: www.dltmultisport.com
Who are the executives of Dlt Event Management Inc and what are their salaries?
There 25 volunteers at Dlt Event Management Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dltmultisport.com
Where can I find the form 990 for Dlt Event Management Inc?
Dlt Event Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dltmultisport.com
Learn more at the official website: www.dltmultisport.com
Mission Statement of Dlt Event Management Inc
Dlt Event Management Inc, a nonprofit organization, is dedicated to providing the public with a platform to participate in various sports events. The primary objective of these events is to generate income, which is then channeled towards funding local charitable organizations. By hosting these sporting events, Dlt Event Management Inc serves as a bridge between the community and deserving nonprofit entities that need financial support. The organization's mission is to ensure that a portion of the event's net proceeds is distributed to selected charitable organizations and volunteer fire departments, thus contributing to the betterment of the local communities.
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Impact
October, 2024
Dlt Event Management Inc plays a significant role in the community by organizing multiple sporting events that foster competition and engagement among participants. The income generated from these events is redirected to support local charitable organizations, enhancing community welfare. This financial assistance aids various nonprofit entities and volunteer fire departments, contributing to the overall well-being and safety of the area. By providing a platform for sports, Dlt Event Management not only promotes physical activity and social interaction but also reinforces a culture of giving back, addressing local needs through financial support. The integration of recreation and philanthropy strengthens community ties and encourages civic involvement.
This information is meant to be a general summary of Dlt Event Management 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $847
- Total Liabilities: $0
- Net Assets: $847
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Organization Details
Founding Year
2001
Phone
(870) 246-6686Principal Officer
Fred L Phillips
Main Address
111 EVONSHIRE DR, ARKADELPHIA, AR, 71923
Website
www.dltmultisport.comNTEE Category
Code: N12 - Recreation
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