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Jackson Optimist Charitable Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382520345 ✦ Jackson, MI ✦ Designated as a 501(c)(3)

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Overview

What is Jackson Optimist Charitable Fund Inc?

Jackson Optimist Charitable Fund Inc is a nonprofit organization situated in Jackson, Michigan. Their primary mission is to cater to the recreational needs of the local youth, specifically through ice skating activities. Annually, they serve over 40,000 young individuals, providing them with a safe, accessible, and affordable venue for cultural, recreational, social, and entertainment activities. This nonprofit strives to enhance the well-being of the youth and their families in the community. With a team of 16 dedicated employees, they work tirelessly to deliver on their mission.


Official website here: www.optimisticearena.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)

The Jackson Optimist Charitable Fund Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 69%. This rating indicates that while the organization demonstrates some strengths in areas such as having 100% independent board members and maintaining a low liabilities to assets ratio of 3.23%, there are significant concerns regarding its accountability and financial transparency.

Despite strong performance in program expense ratio, which stands at an impressive 87.70%, the organization lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, all of which are critical for governance and accountability. Additionally, the absence of financial statements and tax forms on the nonprofit's website raises red flags about its transparency and willingness to share important financial information with the public.

Overall, while Jackson Optimist Charitable Fund Inc shows a commitment to its charitable programs, improvements are necessary in governance practices and financial disclosures to enhance its credibility and trust among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Jackson Optimist Charitable Fund Inc legitimate?

Jackson Optimist Charitable Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson Optimist Charitable Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $72,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,574

For more financial information, click here


Official website here: www.optimisticearena.com

What is the mission statement of Jackson Optimist Charitable Fund Inc?

The Jackson Optimist Charitable Fund Inc's mission is centered around enhancing the well-being of the community, particularly its youth. They strive to achieve this by offering a venue for cultural, recreational, social, and entertainment activities. This inclusive space, which includes ice skating, serves over 40,000 youth annually, aiming to provide a safe, accessible, and affordable environment for community engagement and enjoyment.


Official website here: www.optimisticearena.com

Who is the CEO of Jackson Optimist Charitable Fund Inc?

David Carlson is the Director of Jackson Optimist Charitable Fund Inc.


Official website here: www.optimisticearena.com

What is the revenue of Jackson Optimist Charitable Fund Inc?

Jackson Optimist Charitable Fund Inc's revenue in 2023 was $870,241.


Official website here: www.optimisticearena.com

Who are the executives of Jackson Optimist Charitable Fund Inc and what are their salaries?

The average compensation at Jackson Optimist Charitable Fund Inc during 2023 was $15,023. There are 16 employees and 7 volunteers at Jackson Optimist Charitable Fund Inc.


Here are 8 key members and their salaries:


Anthony Raduazo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Hess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Knibloe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Augustine (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Wilcox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R C Millican (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Trapp (General Manager)
  • Compensation: $64,992
  • Related: $0
  • Other: $4,632


Official website here: www.optimisticearena.com

Where can I find the form 990 for Jackson Optimist Charitable Fund Inc?

Jackson Optimist Charitable Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.optimisticearena.com

Learn more at the official website: www.optimisticearena.com

Mission Statement of Jackson Optimist Charitable Fund Inc

Jackson Optimist Charitable Fund Inc is committed to enhancing the well-being of youth and families in the community through cultural, recreational, social, and entertainment activities. The organization, known as the Jackson Optimist Charitable Fund, strives to provide a safe, accessible, and affordable venue for these activities at the Optimist Ice Arena. The primary focus of this nonprofit is serving over 40,000 youth annually by offering ice skating recreation, which contributes to their overall development and enjoyment. By providing such opportunities, the Jackson Optimist Charitable Fund Inc aims to contribute positively to the community, fostering a sense of unity and shared experiences.

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Impact




July, 2024

Jackson Optimist Charitable Fund Inc's impact is significant in the community of Jackson, Michigan. Through their recreational activity of ice skating, they serve over 40,000 youths annually. The organization's mission is to provide a venue for cultural, recreational, social, and entertainment activities for the entire community, aiming to enhance the well-being of the youth and families they serve. By offering a safe, accessible, and affordable facility, they are contributing to the development and growth of the youth in the community. Their focus on youth development is evident in their dedication to providing opportunities for recreation and social engagement for the young people in Jackson.




This information is meant to be a general summary of Jackson Optimist Charitable Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$870,241 (2023)
Expenses
$772,223 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $43
  • Program Service Revenue: $706,169
  • Gross Receipts: $967,467

Assets and Liabilities:

  • Total Assets: $1,372,921
  • Total Liabilities: $44,409
  • Net Assets: $1,328,512

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ICE RENTAL FEES

Revenue

$670,013

OTHER FEES

Revenue

$36,156

Organization Details

Founding Year

1984

Principal Officer

David Carlson

Main Address

1300 W NORTH STREET, JACKSON, MI, 492023134

NTEE Category

Code: O20I - Youth development

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