Davenport Shooting Assn

The information for Davenport Shooting Assn is as of the organization's most recent filing in December '21. This organization is located in Davenport, IA. It has been in existence for 29 years, following its founding in 1992.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Davenport Shooting Assn's NTEE code is N61. The "N" indicates that the organization falls under the category of Recreation & Sports, specifically Fishing & Hunting. The NTEE describes organizations like this as providing opportunities for people to learn and compete in activities such as archery, fishing, hunting, fox hunting, and the use of firearms on the target range. The Davenport Shooting Assn is classified under Section Code 4, which includes Civic Leagues, Social Welfare Organizations, and Local Associations of Employees. The organization's mission is to provide the community with facilities for rifle, pistol, and shotgun practice, as well as instruction in the safe handling and proper care of firearms.

Board Governance

The Davenport Shooting Assn appears to be well-governed based on the information provided. The organization has a total of 7 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance structure. The fact that the organization has not delegated management to an outside firm suggests that it maintains control over its operations and decision-making processes. This can contribute to more effective governance as the organization can ensure that its mission and goals are being pursued in alignment with its values. The documentation of board meetings and committee meetings is an essential aspect of good governance, and the Davenport Shooting Assn demonstrates this commitment by having both types of meetings documented. This transparency allows for accountability and ensures that all members are informed about the organization's activities and decisions. While the organization does not have a conflict of interest policy or require disclosure of conflicts, it is encouraging to see that it has a written whistleblower policy and a document retention policy. These policies demonstrate the organization's commitment to ethical conduct and the protection of its members and stakeholders. However, it is worth noting that the organization does not substantiate and review leadership or officer's salaries, nor does it provide copies of the 990 to the board prior to filing. These factors may raise some concerns regarding financial transparency and accountability. It would be beneficial for the organization to consider implementing mechanisms to review and justify leadership salaries and provide the board with copies of the 990 for a more comprehensive oversight of its financial operations. Overall, the Davenport Shooting Assn exhibits several positive governance practices, such as independent voting members, documented meetings, and whistleblower and document retention policies. However, there is room for improvement in terms of conflict of interest policies, financial transparency, and accountability.

Organization Growth

The Davenport Shooting Association has experienced growth over the given time period. While contributions and grants received decreased from $760 in 2015 to $480 in 2021, other revenue increased from $17.2K to $17.7K and investment income increased significantly from $69.5K to $488.0K. Additionally, total revenue increased from $87.5K to $506.2K. Grants paid decreased from $4.4K to $0, which may indicate a shift in the organization's funding strategy. Total expenses also decreased from $84.4K to $61.3K. The number of total volunteers remained the same at 7 from 2018 to 2021. Overall, the organization's revenue and investment income have shown significant growth, while expenses have decreased, suggesting that the Davenport Shooting Association has grown over the given time period.

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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$480
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$480
Total Program Service Revenue$0
Investment income $60,992
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,483
Net Gain/Loss on Asset Sales $426,977
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $506,166

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