OZARK OUTDOOR FOUNDATION

EIN: 862676090 501(c)(3)

BENTONVILLE, AR

Total Revenue
$2,666,399
Total Expenses
$1,811,820
Total Assets
$2,388,342
Net Assets
$2,283,493
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
AR
Principal Officer
MICHAEL SPIVEY
Phone
8168687395
Tax Period
2024-07-01 to 2025-06-30

OZARK OUTDOOR FOUNDATION, founded in 2021, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $855K, a strong 32% operating margin.

Mission

OZARK FOUNDATION OZF IS A COMMUNITY-SUPPORTED 501C3 CHARITABLE ORGANIZATION FOCUSED ON POSITIONING OUR STATE AS A PREMIER OUTDOOR RECREATION DESTINATION. BY PRODUCING AND SUPPORTING A DIVERSE LINEUP OF EVENTS, WE AIM TO MAKE OUTDOOR RECREATION ACCESSIBLE TO ALL AND ELEVATE THE REGION TO BE A BETTER PLACE TO LIVE WORK AND PLAY.

Program Service Accomplishments

Program 1
Expenses: $919,480

GRIT SERIES CULTURE AND BRAND BUILDING EVENTS, SOME COMPETITIVE IN NATURE. EVENTS INCLUDE ARKANSAS GRAVELER, ARKANSAS ENDURO SERIES, EXPEDITION OZARK AND ADVENTURE OZARK.

Program 2
Expenses: $198,163

COMMUNITY, ART FAMILY FOCUS ON BUILDING COMMUNITY AND OUTDOOR RECREATION CULTURE WITH PARTICULAR FOCUS ON KIDS EVENTS. EVENTS INCLUDE KIDS CRIT SERIES, BIKES AND BOOKS AND OZARK ADVENTURE PASSPORT.

Program 3
Expenses: $151,062

SUMMIT SERIES WORLD AND NATIONAL CALIBER RACING EVENTS THAT ATTRACT ELITE AND PROFESSIONAL RACERS AS WELL AS COMPETITIVE AMATUERS. EXAMPLE INCLUDES US PRO CUP MOUNTAIN BIKE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,247,917
Program Service Revenue $346,472
Investment Income $63,740
Other Revenue $8,270
TOTAL REVENUE $2,666,399

Expense Breakdown

Grants Paid $82,799
Salaries & Benefits $713,249
Fundraising Expenses $0
Program Expenses $1,467,113
Other Expenses $1,015,772
TOTAL EXPENSES $1,811,820

Year-over-Year Comparison

2024 2023 Change
Revenue $2,666,399 $2,386,728 +0.1%
Expenses $1,811,820 $2,213,685 -0.2%
Net Income $854,579 $173,043 +3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
776

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$248,586
Total Directors
9
$248,586
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael J Spivey President and CEO 040.00
Officer Director
$112,274 $16,380 $128,654
Lisa Moore CFO 040.00
Officer Director
$104,082 $15,850 $119,932
Philip Sigsworth Secretary 002.00
Director
$0 $0 $0
Ann Bordelon Chairwoman 002.00
Director
$0 $0 $0
Nick Gowen Board Member 000.25
Director
$0 $0 $0
Gary Vernon Board Member 000.25
Director
$0 $0 $0
Meredith Miller Board Member 000.25
Director
$0 $0 $0
Kevin Iglii Board Member 000.25
Director
$0 $0 $0
Jenn Dice Board Member 000.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,666,399 $1,811,820 $2,388,342 $854,579
2024 $2,386,728 $2,213,685 $1,593,075 $173,043
2023 $2,514,287 $2,740,965 $1,388,256 $-226,678
2022 $2,795,521 $1,902,689 $2,081,223 $892,832
2021 $612,063 $22,346 $623,561 $589,717
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