JACKSON OPTIMIST CHARITABLE FUND I… - Form 990 Financial Data

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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

1984

Legal Domicile

Principal Officer

DAVID CARLSON

Phone

5177832664

Tax Period

2024-09-01 to 2025-08-31

JACKSON OPTIMIST CHARITABLE FUND INC, founded in 1984, is a small nonprofit in the Youth Development sector that reported $859K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

OPTIMIST ICE ARENA WILL STRIVE TO PROVIDE A VENUE FOR CULTURAL, RECREATIONAL, SOCIAL AND ENTERTAINMENT ACTIVITIES FOR THE ENTIRE COMMUNITY. IN DOING SO, WE ENHANCE THE WELL BEING OF THE YOUTH AND FAMILIES WE SERVE. OUR FACILITY WILL BE SAFE, ACCESSIBLE AND AFFORDABLE.

Program Service Accomplishments

Program 1

Expenses: $766,328 Revenue: $795,959

RECREATIONAL ACTIVITY (ICE SKATING) FOR YOUTH OF COMMUNITY - OVER 40,000 YOUTHS SERVED ANNUALLY

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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 $12,116

Program Service Revenue $776,933

Investment Income $9,789

Other Revenue $59,681

TOTAL REVENUE $858,519

Expense Breakdown

Grants Paid $500

Salaries & Benefits $316,854

Fundraising Expenses $0

Program Expenses $766,328

Other Expenses $544,912

TOTAL EXPENSES $862,266

Year-over-Year Comparison

	2024	2023	Change
Revenue	$858,519	$909,500	-0.1%
Expenses	$862,266	$827,908	+0.0%
Net Income	$-3,747	$81,592	-1.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY RADUAZO	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID CARLSON	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN KNIBLOE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KEVIN WILCOX	DIRECTOR	1.00	Director	$0	$0	$0
R C MILLICAN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM DULLOCK	DIRECTOR	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
2025	$858,519	$862,266	$1,450,836	$-3,747
2024	$909,500	$827,908	$1,430,900	$81,592
2023	$870,241	$772,223	$1,372,921	$98,018
2022	$734,645	$709,033	$1,284,464	$25,612
2021	$680,539	$649,409	$1,314,543	$31,130
2020	$604,710	$625,147	$1,328,505	$-20,437
2019	$601,077	$653,491	$1,263,462	$-52,414

JACKSON OPTIMIST CHARITABLE FUND INC