THE OPTIMIST INC (EIN 113571622) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

SHAMIM AHMED

Phone

7182784953

Tax Period

2024-01-01 to 2024-12-31

THE OPTIMIST INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $122K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

THE OPTIMISTS INC PROVIDES FUNDING FOR EDUCATION OF CHILDREN IN BANGLADESH IN FORM OF EDUCATIONAL EXPENSES INCLUDING HEALTH CARE, CLOTHING/ UNIFORM, BOOKS AND PARTIAL FINANCIAL SUPPORT TO THE FAMILY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $121,829

Investment Income $0

Other Revenue $0

TOTAL REVENUE $121,829

Expense Breakdown

Grants Paid $103,360

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $131,723

Other Expenses $28,363

TOTAL EXPENSES $131,723

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,829	$149,002	-0.2%
Expenses	$131,723	$155,517	-0.2%
Net Income	$-9,894	$-6,515	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
NAZ CHOWDHURY	SECRETARY	Director	$0	$0	$0
FAZLA R CHOWDHURY	GENERAL SECRETARY	Director	$0	$0	$0
MOHAMMOD MAHDI ZAMAN	VICE-CHAIRMAN	Director	$0	$0	$0
TAREK ALAM	EXECUTIVE MEMBER	Director	$0	$0	$0
MOHAMMAD ABDUL WADUD	EXECUTIVE MEMBER	Director	$0	$0	$0
NAZRUL ISLAM	EXECUTIVE MEMBER	Director	$0	$0	$0
FATEMA S UDDIN	PRESIDENT	Director	$0	$0	$0
MOHAMMAD MAHMUDE KHUDA	TREASURER	Director	$0	$0	$0
SHAMIM AHMED	CHAIRMAN	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$121,829	$131,723	$196,361	$-9,894
2023	$149,002	$155,517	$206,254	$-6,515
2022	$235,896	$218,736	$212,771	$17,160
2021	$182,646	$90,092	$195,611	$92,554
2020	$187,481	$195,506	$113,581	$-8,025
2019	$217,921	$191,145	$150,817	$26,776
2018	$235,911	$203,900	$100,668	$32,011

THE OPTIMIST INC