Troy Noon Optimist Club

Nonprofit profile at a glance

EIN: 316051181
IRS 990-EZ coverage: 2022–2024
Forms available: Form 990-EZ 2024, Form 990-N 2021
Location: Troy, OH, USA
Phone: 9372723721
Rating: 88
Verdict: STRONG
Rating confidence: Moderate

Reported finances

Revenue: $71,440
Expenses: $69,335
Assets: $105,655

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

Leadership & pay

9 people listed

Executive titles in this filing

GINNY BEAMISH (PRESIDENT)

People named in this filing

GINNY BEAMISH (PRESIDENT)
NIKKI SHERCK (VICE PRESIDE)
PAUL LAUZAU (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

Optimist international mission by providing hope and positive vision, optimists bring out the best in youth, our communities and ourselves.

What it reported doing in 2024

Funds raised from the troy noon optimists club avenue of flags project are available to groups or individuals who work to promote optimism in the young people of troy. Some of these donations are directly linked to the amount of volunteer work provided to the club. Part of the funds raised was used to support various other initiatives in miami county that benefit activities and provided college scholarships for outstanding graduating troy high school seniors. The total number of lives touched by all the funds is not able to be calculated.

Operating model

Revenue model: Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model: Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.

The verdict

STRONG - 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: 95
Transparency & Controls: 82
Sustainability: 48
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 93.6%; rating input score 94
Program expense ratio: 97.3%; rating input score 97

Transparency & Controls

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

Sustainability

Operating margin: 2.9%; rating input score 51; 51st percentile among comparable filings
Total-asset coverage ratio: 1.52; rating input score 58; 58th 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: 17% per year; rating input score 100; 80th percentile among comparable filings
Revenue growth: 7% per year; rating input score 100; 76th percentile among comparable filings
Asset growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings

Details

Where the money goes: 93.6% of revenue deployed · 97.3% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $67K in reported program spending
Leadership: top reported pay $0 · 9 people listed
Consistency: 8 of 8 current checks pass
Schedules: 1 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.

Review — Sustainability: Operating margin scored 51/100.
Review — Sustainability: Total-asset coverage ratio scored 58/100.
Review — Sustainability: Officer compensation ratio scored 56/100.