Lincoln West Optimist Club Foundation
Nonprofit profile at a glance
- EIN
- 470799415
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lincoln, NE, USA
- Phone
- 4022194141
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Revenue
- $38,502
- Assets
- $277,646
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- TOM HIGLEY (PRESIDENT)
People named in this filing
- TOM HIGLEY (PRESIDENT)
- RON KALLHOFF (SECRETARY)
- MATT NIVEN (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation shall be and remain limited to charitable purposes under 501(c)(3) of the internal revenue code, specifically, of combating juvenile delinquency and advancing relief of poor, distressed and underprivileged youth by providing campground(s)and cabin(s) for use by charitable youth groups and underprivileged youth groups.
What it reported doing in 2024
The exempt purpose is to support the lincoln west optimist club (lwoc) in its service to youth. The foundation supports lwoc in its maintenance and improvement of a lodge and grounds. The lodge is owned by lwoc as a leasehold improvement. The grounds are leased from Nebraska game & parks, and are offered free to youth groups and other non-profits. Use is for camping and outdoor events. Boy and girl scout groups are primary users of the property. This foundation has contributed to general improvements and asset additions for the lodge and grounds.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: NotEnoughData
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 159.6% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 65.2% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.