The Optimist Club of Waco

Nonprofit profile at a glance

EIN
746071020
IRS 990-EZ coverage
2010–2020
Forms available
Form 990-EZ 2020, Form 990-N 2019
Location
Waco, TX, USA
Phone
2546662061
Rating confidence
Limited
Sector
Youth Community Service Clubs

Reported finances

Revenue
$-37,414
Expenses
$86,263
Assets
$0
Liabilities
$0

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

Leadership & pay

6 people listed

Executive titles in this filing

  • JUDY BENSON (PRESIDENT)
  • LINDA HOWELL (FIRST VICE PRESIDENT)
  • BETTY KYLE (2ND VICE PRESIDENT)
  • DONNA HAWKINS (PAST PRESIDENT)

People named in this filing

  • JUDY BENSON (PRESIDENT)
  • LINDA HOWELL (FIRST VICE PRESIDENT)
  • BETTY KYLE (2ND VICE PRESIDENT)

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

Local chapter of optimist international whose members work each day to make the future brighter by bringing out the best in children, in our community, and in ourselves.

What it reported doing in 2020

Support of local organizations' childrens charitable programs. Organization termination distributions.

Operating model

Revenue model
Investment-supported. 63% 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: 36
  • Transparency & Controls: 82
  • Sustainability: 10
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 96.2%; rating input score 96

Transparency & Controls

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

Sustainability

  • Operating margin: -330.6%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: 15.1% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: -20% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 96.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $83K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2010 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.

  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.