Overview
What is World Of Outlaws Benevolent Fund?
The World of Outlaws Benevolent Fund is a nonprofit organization located in Pittsboro, Indiana, with the address 110 Woodland Hills Drive. Its primary mission is to offer support to individuals associated with the World of Outlaws racing community, including drivers, crew members, and participants. The organization provides financial assistance or benefits to those in need, as decided by their board of directors, in response to injuries or other challenging circumstances. The World of Outlaws Benevolent Fund aims to alleviate the burden on these individuals and their families during challenging times.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating. The World Of Outlaws Benevolent Fund has received a low rating primarily due to its lack of independent board members and missing governance policies. With an accountability and finance score of 53, the organization shows areas in need of improvement, particularly in its oversight and transparency practices.
Despite these shortcomings, the organization has a strong program expense ratio of 100%, indicating that all funds are allocated directly to its programs. Additionally, it has effectively managed its liabilities, maintaining a 0.00% liabilities to assets ratio, which reflects good financial health in that aspect.
However, the absence of key governance documents, such as a conflict of interest policy and a whistleblower policy, raises concerns about its operational integrity. Furthermore, the nonprofit's website is missing crucial information, which limits public access to important organizational details. Overall, while the fund is performing well in program execution, its governance practices require urgent attention to enhance its accountability and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is World Of Outlaws Benevolent Fund legitimate?
World Of Outlaws Benevolent Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Of Outlaws Benevolent Fund 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
What is the mission statement of World Of Outlaws Benevolent Fund?
The World of Outlaws Benevolent Fund is dedicated to offering financial assistance or benefits to members involved in World of Outlaws racing events, such as drivers, crew members, and participants. This aid is extended to their families as well, when deemed necessary by the board of directors. The primary focus of the fund is to provide support for injured drivers and their families.
Who is the CEO of World Of Outlaws Benevolent Fund?
Diane Schatz is the Vp & Treasur of World Of Outlaws Benevolent Fund.
What is the revenue of World Of Outlaws Benevolent Fund?
World Of Outlaws Benevolent Fund's revenue in 2022 was $32,086.
Who are the executives of World Of Outlaws Benevolent Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for World Of Outlaws Benevolent Fund?
World Of Outlaws Benevolent Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of World Of Outlaws Benevolent Fund
The World of Outlaws Benevolent Fund is a charity organization that is committed to offering financial assistance or other forms of support to members of the World of Outlaws racing community, including drivers, crew members, and participants in World of Outlaws events, as well as their families. This assistance is granted based on the discretion of the Board of Directors. A significant part of their mission involves providing aid to injured drivers and their families. The World of Outlaws Benevolent Fund serves as a vital safety net for those in need within the racing community, offering them much-needed support during challenging times.
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Impact
August, 2024
The World Of Outlaws Benevolent Fund has a tangible impact on the lives of World of Outlaws members, including drivers, crew members, and participants in racing events, as well as their families. The fund provides crucial financial assistance and other benefits to those who are in need, especially in cases of injuries sustained during racing activities. This support is determined by the board of directors and serves as a vital lifeline for those facing challenging circumstances. Through its mission of providing support for injured drivers and their families, the World Of Outlaws Benevolent Fund plays a significant role in ensuring the well-being of those involved in the world of racing.
This information is meant to be a general summary of World Of Outlaws Benevolent Fund. 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.
- Investment Income: $19,168
- Gross Receipts: $32,086
Assets and Liabilities:
- Total Assets: $445,744
- Total Liabilities: $0
- Net Assets: $445,744
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Organization Details
Founding Year
2016
Phone
(317) 892-2572Principal Officer
Diane Schatz
Main Address
110 WOODLAND HILLS DR, PITTSBORO, IN, 46167
NTEE Category
Code: P60 - Human services
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