Lake Of The Ozarks Shootout is located in Sunrise Beach, MO. The organization was established in 2008. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Of The Ozarks Shootout is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lake Of The Ozarks Shootout generated $973.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $974.7k during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Lake Of The Ozarks Shootout has awarded 37 individual grants totaling $830,575. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS DURING AN ANNUAL BOAT RACE AND DONATE ALL THE PROCEEDS TO LOCAL FIRE DEPARTMENTS AND OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR ORGANIZATION HELD AN ANNUAL BOAT RACE WHICH BROUGHT PEOPLE IN FROM ALL OVER THE COUNTRY. WE USED ALL THE PROCEEDS TO GIVE BACK TO LOCAL CHARITIES AND FIRE DEPARTMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald Duggan President | OfficerTrustee | 8 | $0 |
Mark D Maasen Vice-Preside | OfficerTrustee | 2 | $0 |
Donald E Sylva Vice-Preside | OfficerTrustee | 2 | $0 |
Connie M Weyer Treasurer | OfficerTrustee | 2 | $0 |
Kent J Morris Secretary | OfficerTrustee | 2 | $0 |
Karie Maasen Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $603,031 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $370,853 |
Noncash contributions included in lines 1a–1f | $5,018 |
Total Revenue from Contributions, Gifts, Grants & Similar | $973,884 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $973,884 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $437,990 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,044 |
Fees for services: Accounting | $800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,500 |
Advertising and promotion | $142,124 |
Office expenses | $13,351 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $15,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $26,022 |
All other expenses | $12,850 |
Total functional expenses | $974,732 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $47,312 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $47,312 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $47,312 |
Total liabilities and net assets/fund balances | $47,312 |
Over the last fiscal year, Lake Of The Ozarks Shootout has awarded $437,990 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
OTHERS RECEIVING 5000 EACH | | | $90,253 |
Ballwin, MO PURPOSE: PROGRAM FUNDING | $52,986 |
Osage Beach, MO PURPOSE: COMMUNITY PROGRAMS | $33,929 |
Osage Beach, MO PURPOSE: COMMUNITY PROGRAMS | $33,929 |
SHARING & CARING FOUNDATION PURPOSE: COMMUNITY GRANT | $33,929 |
Climax Springs, MO PURPOSE: FIRE EQUIPMENT | $29,000 |
Over the last fiscal year, we have identified 1 grants that Lake Of The Ozarks Shootout has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
The Ruffwood Foundation Atlanta, GA PURPOSE: CHARITABLE | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
National Association Of Basketball Coaches Kansas City, MO | $7,492,975 | $6,879,648 |
Iowa Youth Athletic Foundation Ames, IA | $5,772,700 | $2,413,447 |
Forum Of Christian Leaders Wheaton, IL | $307,653 | $1,435,931 |
Gabl Youth Sports Foundation Inc Lenexa, KS | $46,974 | $1,304,674 |
Kingdom Cares International Des Moines, IA | $16,985 | $1,214,435 |
Lake Of The Ozarks Shootout Sunrise Beach, MO | $47,312 | $973,884 |
Mk Youth Foundation Lenexa, KS | $160,371 | $514,000 |
Beyond Ball Urbandale, IA | $92,012 | $636,105 |
Fab44 Basketball Little Rock, AR | $330,408 | $643,978 |
Knights Basketball Academy Midwest St Charles, MO | $215,472 | $572,008 |
Kentucky Cobras Inc Florence, KY | $27,896 | $450,667 |
Ignite Hoops Arlington Heights, IL | $158,269 | $413,630 |