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Outboard Drag Boat Association Inc

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

EIN: 582460404 ✦ Prattville, AL ✦ Designated as a 501(c)(6)

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Overview

What is Outboard Drag Boat Association Inc?

The Outboard Drag Boat Association Inc, a nonprofit organization, fosters enthusiasm for outboard drag boat racing by both participating in and spectating the sport. They establish organized racing events throughout the year, encouraging family involvement in all aspects of the activity. The association's primary goal is to stimulate ownership and passion for outboard drag boat racing, making it an engaging experience for all.


Official website here: www.odbaracing.com

Is Outboard Drag Boat Association Inc legitimate?

Outboard Drag Boat Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Outboard Drag Boat Association Inc submitted a form 990EZ, 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.odbaracing.com

What is the mission statement of Outboard Drag Boat Association Inc?

The Outboard Drag Boat Association's mission is geared towards fostering an interest in outboard drag boat racing, both as a spectator sport and a personal pastime. They accomplish this by organizing racing events throughout the year and encouraging family involvement in various aspects of the sport. The association aims to provide a structured platform for outboard drag boat racing, thereby promoting its growth and popularity.


Official website here: www.odbaracing.com

What is the revenue of Outboard Drag Boat Association Inc?

Outboard Drag Boat Association Inc's revenue in 2024 was $146,866.


Official website here: www.odbaracing.com

Who are the executives of Outboard Drag Boat Association Inc and what are their salaries?

Here are 3 key members and their salaries:


Shane Stovall (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Barsh (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Stovall (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.odbaracing.com

Where can I find the form 990EZ for Outboard Drag Boat Association Inc?

Outboard Drag Boat Association Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.odbaracing.com

Learn more at the official website: www.odbaracing.com

Mission Statement of Outboard Drag Boat Association Inc

The Outboard Drag Boat Association, a notable entity, works towards fostering a passion for owning, participating in, and spectating outboard drag boat racing. This organization plays a significant role in organizing race tracks and events throughout the year, encouraging family involvement in every aspect of the sport. By providing a structured platform for racing, the Outboard Drag Boat Association aims to stimulate interest and engagement in this thrilling water sport.

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Impact




October, 2024

The Outboard Drag Boat Association Inc significantly enhances the local community by fostering interest in outboard drag boat racing. Through organized race events, the association provides opportunities for enthusiasts to own, race, and observe thrilling competitions on the water. This engagement not only elevates the sport but also contributes to community cohesion by encouraging family participation across various activities. The association’s presence in Prattville, AL, helps stimulate local economic growth through events that attract visitors and participants, thereby improving overall community spirit and recreation options.




This information is meant to be a general summary of Outboard Drag Boat Association 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
$146,866 (2024)
Expenses
$155,254 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $146,866
  • Gross Receipts: $146,866

Assets and Liabilities:

  • Total Assets: $9,744
  • Total Liabilities: $0
  • Net Assets: $9,744

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Organization Details

Principal Officer

Shane Stovall

NTEE Category

Code: S41 - Community improvement

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