MOREHEAD OPTIMIST CLUB INC (EIN 616038425) - 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

1964

Legal Domicile

Principal Officer

BILL REDWINE

Phone

6067764519

Tax Period

2023-01-01 to 2023-12-31

MOREHEAD OPTIMIST CLUB INC, founded in 1964, is a small nonprofit that reported $288K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $263K left a modest 9% surplus.

Mission

TO PROVIDE YOUTH SERVICES IN ROWAN COUNTY

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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 $45,155

Program Service Revenue $0

Investment Income $28,408

Other Revenue $214,842

TOTAL REVENUE $288,405

Expense Breakdown

Grants Paid $207,466

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $263,484

Other Expenses $56,018

TOTAL EXPENSES $263,484

Year-over-Year Comparison

	2023	2022	Change
Revenue	$288,405	$202,774	+0.4%
Expenses	$263,484	$254,008	+0.0%
Net Income	$24,921	$-51,234	-1.5%

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

Employees

N/A

Volunteers

816

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
TONY COOPER	DIRECTOR	N/A	Director	$0	$0	$0
JAMES FLUTY	DIRECTOR	N/A	Director	$0	$0	$0
WES HOLLAND	DIRECTOR	N/A	Director	$0	$0	$0
SAUNDRA NEWTON	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER BLACK	VICE PRESIDE	N/A	Officer	$0	$0	$0
MELISSA COOPER	TREASURER	N/A	Officer	$0	$0	$0
BILL REDWINE	PRESIDENT	N/A	Officer	$0	$0	$0
RANDY STACY	VICE PRESIDE	N/A	Officer	$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	No data	No data	No data	No data
2023	$288,405	$263,484	$536,069	$24,921
2022	$202,774	$254,008	$505,578	$-51,234
2021	$397,054	$263,665	$561,814	$133,389
2020	$236,930	$216,094	$423,423	$20,836
2019	$408,674	$343,854	$402,587	$64,820
2018	$358,969	$306,983	$337,767	$51,986

MOREHEAD OPTIMIST CLUB INC