Jackson Optimist Charitable Fund Inc
- Assets
- $1.3m
- Revenue
- $734.6k
- Investments
- $0.0
- Employees
- 15
- Location
- Jackson, MI
- Founding
- 06/1984
- Data as of
- 08/2022
- EIN
- 38-2520345
Organization Overview
Jackson Optimist Charitable Fund Inc is located in Jackson, MI. The organization was established in 1984. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 08/2022, Jackson Optimist Charitable Fund Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson Optimist Charitable Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Jackson Optimist Charitable Fund Inc generated $734.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $709.0k during the year ending 08/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECREATIONAL ACTIVITY FOR THE YOUTH OF THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATIONAL ACTIVITY (ICE SKATING) FOR YOUTH OF COMMUNITY - OVER 40,000 YOUTHS SERVED ANNUALLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Trapp General Manager | Officer | 40 | $67,000 |
Anthony Raduazo Secretary | OfficerTrustee | 1 | $0 |
John Knibloe President | OfficerTrustee | 1 | $0 |
Phil Augustine Treasurer | OfficerTrustee | 1 | $0 |
David Carlson Director | Trustee | 1 | $0 |
Kevin Wilcox Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,895 |
| Total Program Service Revenue | $650,501 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,704 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,205 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $734,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $450 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,254 |
| Compensation of current officers, directors, key employees. | $71,254 |
| Compensation to disqualified persons | $142,970 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,471 |
| Payroll taxes | $16,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,352 |
| Office expenses | $5,411 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $212,194 |
| Travel | $1,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,135 |
| Interest | $2,043 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,379 |
| Insurance | $14,155 |
| All other expenses | $9,408 |
| Total functional expenses | $709,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,005 |
| Savings and temporary cash investments | $75,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,722 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,458 |
| Prepaid expenses and deferred charges | $3,941 |
| Net Land, buildings, and equipment | $1,168,326 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,284,464 |
| Accounts payable and accrued expenses | $1,381 |
| Grants payable | $0 |
| Deferred revenue | $16,993 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $35,596 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $53,970 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $44,514 |
| Retained earnings, endowment, accumulated income, or other funds | $1,185,980 |
| Total liabilities and net assets/fund balances | $1,284,464 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jackson Optimist Charitable Fund Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Cnb Foundation Hillsdale, MI PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Human Services Inc Columbus, IN | $7,189,264 | $15,588,183 |
Don Bosco Hall Detroit, MI | $1,651,862 | $2,550,388 |
Carmel Dads Club Inc Carmel, IN | $5,851,838 | $3,682,611 |
Boys & Girls Club Of Greater Holland Holland, MI | $6,221,421 | $1,912,034 |
Midnight Golf Program Bingham Farms, MI | $2,013,254 | $2,390,329 |
After-School All-Stars Ohio Columbus, OH | $512,839 | $1,768,115 |
Boys & Girls Brigade Association Inc Neenah, WI | $11,560,870 | $1,538,750 |
Neutral Zone Ann Arbor, MI | $5,897,172 | $1,685,544 |
Lakota Sports Organization West Chester, OH | $1,464,098 | $1,364,243 |
Lighthouse Youth Center Inc Milwaukee, WI | $1,875,009 | $1,175,463 |
Reaching Our Community Kids Midland, MI | $942,743 | $792,476 |
Power Company Kids Club Pontiac, MI | $2,614,167 | $1,547,139 |