Optimist International Optimist Club of Van Wert Ohio Club 24391

Nonprofit profile at a glance

EIN
341328741
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Van Wert, OH, USA
Phone
4192380658
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$23,945
Expenses
$29,234
Assets
$37,946

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DENNEY KERNS (PRESIDENT)

People named in this filing

  • KEVIN TAYLOR (SECRETARY)
  • DENNEY KERNS (PRESIDENT)
  • MICHELE MOONEY (DIRECTOR)

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 optimist club of van wert has been proudly serving the van wert county area since 1981. We are comprised of men and women dedicated to the community, friendship, fun, service to youth and the promotion of optimism as a way of life. Our positive approach, upbeat outlook, and commitment to creating a more optimistic future for kids is what differentiates the optimist club of van wert from other volunteer opportunities.

What it reported doing in 2024

The childrens christmas in the park is a project in which four van wert organizations (optimist club, service club, city parks dept., and main street van wert) come together to decorate the fountain park in downtown van wert with around 100 lighted displays for all and anyone to walk through the park and enjoy the displays. After spending over 400 volunteer hours, the group holds a festive event the night before thanksgiving to help many people and families begin the celebration of the christmas season. The lighted displays are on every night from the end of november to the beginning of the new year.

Operating model

Revenue model
Other-operating. 64% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.6%; rating input score 77
  • Program expense ratio: 62.7%; rating input score 63

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -22.1%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 54; 54th 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: 11.7% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 76.6% of revenue deployed · 62.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $18K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2020 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.

  • High — Sustainability: Operating margin scored 22/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.