NEW ULM, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OPTIMIST CLUB OF NEW ULM INC, founded in 1997, is a micro nonprofit that reported $35K in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17K, a strong 49% operating margin.
CHARITABLE AND EDUCTIONAL PURPOSES TO DEVELOP OPTIMISM AS A PHILOSOPHY OF LIFE, UTILIZING THE TENETS OF THE OPTIMIST CREED; TO PROMOTE AN ACTIVE INTEREST IN GOOD GOVERNMENTS AND CIVIC AFFAIRS; TO INSPIRE RESPECT FOR THE LAW; TO PROMOTE PATRIOTISM AND WORK FOR INTERNATIONAL ACCORD AND FRIENDSHIP AMONG ALL PEOPLE; TO AID AND ENCOURAGE THE DEVELOPMENT OF YOUTH, IN THE BELIEF THAT THE GIVING OF ONE'S SELF IN SERVICE TO OTHERS WILL ADVANCE THE WELL-BEING OF HUMANKIND, COMMUNITY LIFE AND THE WORLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $34,600 | $17,434 | +1.0% |
| Expenses | $17,774 | $16,757 | +0.1% |
| Net Income | $16,826 | $677 | +23.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL HENLE | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| LIZ ALTMANN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CINDY BODE | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANGELA GOETZ | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHELDON RIEKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNY JANSSEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LES SCHULTZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DICK SEEBOTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM POLICH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $34,600 | $17,774 | $57,881 | $16,826 |
| 2023 | $17,434 | $16,757 | $43,061 | $677 |
| 2022 | $24,823 | $13,791 | $40,301 | $11,032 |
| 2021 | $7,211 | $8,876 | $29,703 | $-1,665 |
| 2020 | $12,199 | $9,495 | $30,934 | $2,704 |
| 2019 | $16,137 | $11,467 | $29,017 | $4,670 |
Compare OPTIMIST CLUB OF NEW ULM INC with other nonprofits in Minnesota and across the country.