Indian Wells Valley Optimist Club

Nonprofit profile at a glance

EIN
474824205
IRS 990-EZ coverage
2015–2020
Forms available
Form 990-EZ 2020
Location
Ridgecrest, CA, USA
Phone
7606081115
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$3,204
Expenses
$4,645
Assets
$3,306

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Russell Warren (President)

People named in this filing

  • Russell Warren (President)
  • Tamera Richardson (Secretary)
  • Toni Buck (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose and mission of this organization is to provide financial and other assistance, and support for the children of the Indian Wells Valley consistent with the mission of Optimiist International. We are a nonprofit public benefit corporation for public and charitable purposes.

What it reported doing in 2020

The organization has paid for two youth from Burroughs High School to attend the HOBY Leadership Camp. We have also assisted in a few fund raising requests for childrens educational trips. We have given financial support funds to a few local nonprofits that provide benefits for children and handicapped guide dogs. We provided food for Ridgecrest Police Department nonprofit for the purpose of helping with the dinner costs of the annual Police Employee awards. We have funded four of our own service accomplishments this year.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 82
  • Sustainability: 24
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.5%; rating input score 52
  • Program expense ratio: 36.2%; rating input score 36

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -45%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: -2.7% per year; rating input score 0; 55th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 52.5% of revenue deployed · 36.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 6 filing years from 2015 to 2020
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 36/100.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.