EVANSVILLE DOWNTOWN OPTIMISTS CHARITABLE FOUNDATION INC (EIN 351544451) - 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

1983

Legal Domicile

Principal Officer

JOHN PERKINS

Phone

8124759064

Tax Period

2023-10-01 to 2024-09-30

EVANSVILLE DOWNTOWN OPTIMISTS CHARITABLE FOUNDATION INC, founded in 1983, is a micro nonprofit that reported $46K in total revenue in fiscal year 2023. Expenses of $40K left a modest 13% surplus.

Mission

TO SERVE THE YOUTH OF EVANSVILLE INDIANA AND PROVIDE FINANCIAL SUPPORT FOR THOSE OF LIMITED MEANS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,502

Program Service Revenue $0

Investment Income $31,206

Other Revenue $0

TOTAL REVENUE $45,708

Expense Breakdown

Grants Paid $36,237

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,237

Other Expenses $3,548

TOTAL EXPENSES $39,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,708	$45,853	0.0%
Expenses	$39,785	$36,900	+0.1%
Net Income	$5,923	$8,953	-0.3%

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

Employees

N/A

Volunteers

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEN DENNIS	PRESIDENT	1.00	Director	$0	$0	$0
JOHN PERKINS	TREASURER	1.00	Director	$0	$0	$0
DAN PHILIPS	TRUSTEE	1.00	Director	$0	$0	$0
TIM DEISHER	TRUSTEE	1.00	Director	$0	$0	$0
JOHN BENDER	TRUSTEE	1.00	Director	$0	$0	$0
JEFF OLSON	TRUSTEE	1.00	Director	$0	$0	$0
MICAHEL BURK	TRUSTEE	1.00	Director	$0	$0	$0
RON EBERHARDT	TRUSTEE	1.00	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	$45,708	$39,785	$742,344	$5,923
2023	$45,853	$36,900	$516,169	$8,953
2022	$44,481	$44,571	$493,572	$-90
2021	$76,037	$36,348	$547,572	$39,689

EVANSVILLE DOWNTOWN OPTIMISTS CHARITABLE FOUNDATION INC