Panola Archery Club
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 44% of its spending went to programs.
- Raising each dollar of donations cost 212 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Panola Archery Club promotes the sport of Archery for Youth and Adults in Panola County and 4 surrounding Counties. Through their annual banquet, raffles, sponsorships, and other fund raising efforts, Panola Archery Club provides Scholarships to High School Seniors for continuing higher education or trade schools. Through their fund raising events, the Club provides support for various Veterans Groups, children and families in need, and the National Archery School Program for local schools. As a member of the national Archery Shooter's Association the Club hosts several 3D archery competitions for any age group encouraging families to attend and to compete. The Club also hosts other free learning events open to the public that promote safety of all shooting sports along with the promotion of education relating to wildlife and agriculture. The Club also promotes respect and cooperation with State and Local Law Enforcement focusing on hunting, safety, and harvest regulations.
- Income
- $228,544
- Spending
- $215,544
- Spent on programs
- 44%
- Reserves
- 2.9 months of spending
- Largest source of income
- fees for its services, 76%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 19% of charities in its peer group (recreation and sports, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
10 of 15Income fell 3% on the year before.
Spending floor
0 of 1544% of spending went to programs and raising each dollar of donations cost 212 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 19 out of 100. Higher than 3% of charities in its peer group (recreation and sports, under $250k).
Independent board
5 of 250 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $94,167 spent. From Panola Archery Club's annual fund raising banquet, the Club was able to award 9 scholarships to local East Texas Senior High School Students for higher education or trade school use. The Club also used the funds to provide financial assistance to various Veteran's Groups, families in need, and hold outdoor safety and educational events. The Club was also able to provide a location and archery shooting range where local youth, adults, and entire families can compete in the sport of archery and other shooting sports. The Panola Archery Club also supported the National Archery in Schools Program (NASP).
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.