Overview
What is Independence Bowl Foundation Inc?
Independence Bowl Foundation Inc is a nonprofit organization based in Shreveport, Louisiana. With a team of seven dedicated individuals, it plays a pivotal role in supporting and promoting amateur athletics in the Shreveport-Bossier City area. This is predominantly achieved through the organization's annual Independence Bowl football game. Beyond sports, the Foundation also draws on membership and volunteers to carry out its mission, contributing to the local community's athletic events.
Official website here: www.independencebowl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Independence Bowl Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score reflects a perfect 100% in the Accountability & Finance category, demonstrating strong governance and transparency practices.
Strengths highlighted include an entirely independent board composed of 24 members, robust financial oversight through an Audit and Oversight Committee, and effective policies regarding conflicts of interest and whistleblower protections. The foundation also exhibits a solid financial ratio, with 87.41% of its expenses directed toward programs, showcasing its commitment to its mission.
While the data does not reveal significant limitations, the overall positive rating suggests that stakeholders can have confidence in the organization's operational integrity and financial management. The independence of its board and strong internal policies reinforce its credibility as a nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Independence Bowl Foundation Inc legitimate?
Independence Bowl Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Bowl Foundation 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: $106,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,566
For more financial information, click here
Official website here: www.independencebowl.org
What is the mission statement of Independence Bowl Foundation Inc?
The Independence Bowl Foundation Inc's mission is centered around supporting and promoting amateur athletics. They accomplish this by providing assistance and promotion for various events, leveraging their membership and volunteer base. Notably, they sponsor the annual Independence Bowl football game in their area of operation. The organization's primary goal is to contribute to the growth and development of amateur athletics.
Official website here: www.independencebowl.org
Who is the CEO of Independence Bowl Foundation Inc?
Rob Rubel is the Board Chairman of Independence Bowl Foundation Inc.
Official website here: www.independencebowl.org
What is the revenue of Independence Bowl Foundation Inc?
Independence Bowl Foundation Inc's revenue in 2023 was $3,249,472.
Official website here: www.independencebowl.org
Who are the executives of Independence Bowl Foundation Inc and what are their salaries?
The average compensation at Independence Bowl Foundation Inc during 2023 was $50,652. There are 7 employees and 200 volunteers at Independence Bowl Foundation Inc.
Here are 14 key members and their salaries:
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- Compensation: $106,000
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Official website here: www.independencebowl.org
Where can I find the form 990 for Independence Bowl Foundation Inc?
Independence Bowl Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.independencebowl.org
Learn more at the official website: www.independencebowl.org
Mission Statement of Independence Bowl Foundation Inc
The Independence Bowl Foundation Inc, in its mission, focuses on supporting and promoting amateur athletics. This nonprofit organization serves as a catalyst for such events in the Shreveport-Bossier City, LA area. It accomplishes this mission through the involvement of membership and volunteers, ultimately sponsoring the annual Independence Bowl football game. By doing so, the Independence Bowl Foundation Inc contributes to the athletic community, fostering a sense of camaraderie and competition among amateur athletes.
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Impact
July, 2024
Independence Bowl Foundation Inc's impact is significant in the Shreveport-Bossier City, LA area as it serves amateur athletics through the support and promotion of events like the annual Independence Bowl football game. The organization's efforts help foster a sense of community, provide opportunities for athletes, and contribute to the local economy through sports-related activities. Through the involvement of its members and volunteers, Independence Bowl Foundation Inc plays a vital role in promoting recreation and showcasing the talent of amateur athletes in the region.
This information is meant to be a general summary of Independence Bowl Foundation 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 2023.
- Program Service Revenue: $1,078,402
- Gross Receipts: $3,249,472
Assets and Liabilities:
- Total Assets: $2,463,496
- Total Liabilities: $1,381,988
- Net Assets: $1,081,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOWL REVENUE
Revenue
$1,078,402
Organization Details
Founding Year
1999
Phone
(318) 221-0712Principal Officer
Rob Rubel
Main Address
P O BOX 1723, SHREVEPORT, LA, 71166
Website
www.independencebowl.orgNTEE Category
Code: N60 - Recreation
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