Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Lake Race Corp
EIN 82-0744320 • 501(c)3 • Lake Ozark, MO
Profile
The mission of the organization is to bring additional exposure and recognition to the boating, recreational and entertainment opportunities that lake of the ozarks has to offer.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
9654.00x
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
56th percentile
Faster revenue growth than 56% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $2,416 (-100%) from 2022
Liabilities
$9,654
No earlier filing loaded for comparison.
Net Assets
Down-$9,654
Down $12,070 (-500%) from 2022
Revenue
Up$197,745
Up $5,943 (+3.1%) from 2022
Expenses
Up$209,815
Up $36,280 (+21%) from 2022
Net Income
Down-$12,070
Down $30,337 (-166%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $9,654
- Net assets
- -$9,654
- Revenue
- $197,745
- Expenses
- $209,815
- Net income
- -$12,070
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Mar 13, 2024
- Return Version
- 2023v4.0
- Gross Receipts
- $197,745
Mission and Program Overview
Mission
The mission of the organization is to bring additional exposure and recognition to the boating, recreational and entertainment opportunities that lake of the ozarks has to offer.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION HOSTS A LAKE RACE EVENT AND PROCEEDS ARE USED FOR CONTRIBUTIONS TO NOT-FOR-PROFIT ORGANIZATIONS. | - | $209,815 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEFF DORHAUER | President | - | $0 | - | - |
| SHANNON BOHART | Treasurer | - | $0 | - | - |
| TOM ABBETT | Vice Preside | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lake Race Corp
- EIN
- 82-0744320
- Phone
- 5732865359
- Address
- 2111 BAGNELL DAM BLVD BOX 219, LAKE OZARK, MO 65049
Signing Officer
- Name
- Shannon Bohart
- Title
- Treasurer
- Phone
- 5732865359
- Signed
- 2024-03-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Estes & Associates LLC
- Address
- 3401 W TRUMAN BLVD STE 201, JEFFERSON CITY, MO 65109
- Preparer
- Bobbie Pendleton CPA
- Phone
- 5737614100
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertisement 3,750 office supplies 769 commision 54,765 supplies 5,556 quickbooks fees 465 insurance 7,572 donations 8,000 misc 1,276 rental 1,166 emergency medical service 1,700 awards 52,802 crane costs 14,395 powerboat 30,000 helicopter 6,800 merchandise 818 racing fees 12,500 towing expense 225 total 202,559”
Form 990-ez, Part I, Line 20
“PRIOR YEAR ADJUSTMENT 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 9,654”
Form 990-ez, Part III
“The mission of the organization is to bring additional exposure and recognition to the boating, recreational and entertainment opportunities that lake of the ozarks has to offer.”
Raw XML Appendix138 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SHANNON BOHART |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5732865359 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2111 BAGNELL DAM BLVD BOX 219 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LAKE OZARK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MO |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 65049 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2416 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 34975 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -12070 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 7256 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2416 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 197745 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2416 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -9654 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2416 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -9654 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JEFF DORHAUER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SHANNON BOHART |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TOM ABBETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 202559 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF THE ORGANIZATION IS TO BRING ADDITIONAL EXPOSURE AND RECOGNITION TO THE BOATING, RECREATIONAL AND ENTERTAINMENT OPPORTUNITIES THAT LAKE OF THE OZARKS HAS TO OFFER. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 162770 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION HOSTS A LAKE RACE EVENT AND PROCEEDS ARE USED FOR CONTRIBUTIONS TO NOT-FOR-PROFIT ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 209815 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 9654 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 209815 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 209815 |
| IRS990EZ/TotalRevenueAmt | 0 | 197745 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LAKERACE.COM |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 34975 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 165902 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 35311 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 800 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 236988 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 162770 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 25900 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 107784 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 166715 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 464169 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 701157 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 197745 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 191802 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 143095 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 167515 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 701157 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 197745 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 191802 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 143095 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 167515 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 701157 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISEMENT 3,750 OFFICE SUPPLIES 769 COMMISION 54,765 SUPPLIES 5,556 QUICKBOOKS FEES 465 INSURANCE 7,572 DONATIONS 8,000 MISC 1,276 RENTAL 1,166 EMERGENCY MEDICAL SERVICE 1,700 AWARDS 52,802 CRANE COSTS 14,395 POWERBOAT 30,000 HELICOPTER 6,800 MERCHANDISE 818 RACING FEES 12,500 TOWING EXPENSE 225 TOTAL 202,559 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PRIOR YEAR ADJUSTMENT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 9,654 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE MISSION OF THE ORGANIZATION IS TO BRING ADDITIONAL EXPOSURE AND RECOGNITION TO THE BOATING, RECREATIONAL AND ENTERTAINMENT OPPORTUNITIES THAT LAKE OF THE OZARKS HAS TO OFFER. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHANNON BOHART |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5732865359 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-03-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE RACE CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 820744320 |
| ReturnHeader/Filer/PhoneNum | 0 | 5732865359 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2111 BAGNELL DAM BLVD BOX 219 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAKE OZARK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 65049 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 814633316 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ESTES & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3401 W TRUMAN BLVD STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | JEFFERSON CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 65109 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5737614100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-03-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BOBBIE PENDLETON CPA |
| ReturnHeader/ReturnTs | 0 | 2024-03-13T18:07:06-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MICHELLE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CURRY |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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