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The Optimist Club Of Deep River Northview Nc Inc

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

EIN: 510205944 ✦ Sanford, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Optimist Club Of Deep River Northview Nc Inc?

The Optimist Club of Deep River Northview NC is a nonprofit organization that is deeply committed to the well-being and advancement of young people in its community. Located in North Carolina, this organization conducts a series of development programs, aiming to foster positive growth and success among local youth. Their mission is to create opportunities for young individuals, encouraging their personal growth and development. This community-focused nonprofit organization is dedicated to making a significant impact on the lives of its youth population.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars (12%)

The Optimist Club Of Deep River Northview Nc Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting a score of only 12%. This rating is based solely on the Accountability & Finance beacon, where the organization has significant shortcomings, particularly in governance and transparency. Key areas of concern include the absence of independent board members, missing financial statements, and lack of crucial policies such as conflict of interest and whistleblower protections.

Strengths noted in the evaluation include the existence of board meeting minutes, which demonstrates some level of record-keeping. However, this is overshadowed by the organization's failure to meet basic accountability standards. The program expense ratio is also low at 29.89%, indicating that a majority of expenditures may not be directed towards programs, which raises further concerns regarding financial management.

Overall, the nonprofit shows significant weaknesses that could affect its credibility and effectiveness in fulfilling its mission. Potential donors and supporters should exercise caution and consider these factors before engaging with the organization.


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

Is The Optimist Club Of Deep River Northview Nc Inc legitimate?

The Optimist Club Of Deep River Northview Nc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Optimist Club Of Deep River Northview Nc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Optimist Club Of Deep River Northview Nc Inc?

The Optimist Club of an unspecified location, identified as Deep River Northview NC, has a mission centered around youth programs. This organization is committed to serving the local community's youth by offering various development programs. The primary goal is to foster positive growth in young individuals and create opportunities for their success. The Club's activities are geared towards promoting a positive outlook and enabling the youth to thrive.

What is the revenue of The Optimist Club Of Deep River Northview Nc Inc?

The Optimist Club Of Deep River Northview Nc Inc's revenue in 2023 was $579,892.

Who are the executives of The Optimist Club Of Deep River Northview Nc Inc and what are their salaries?

Here are 3 key members and their salaries:


Mike Gaster (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Holt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angie Stone (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Optimist Club Of Deep River Northview Nc Inc?

The Optimist Club Of Deep River Northview Nc Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Optimist Club Of Deep River Northview Nc Inc

The Optimist Club of Deep River Northview NC has a mission centered around the well-being and growth of the community's youth. This organization actively engages in various development programs, aiming to foster a positive environment for young individuals. By dedicating its efforts to youth programs, the Optimist Club seeks to offer opportunities that empower these young people, enabling them to thrive and succeed. The club's objective is to promote a sense of optimism and hope in the lives of the youth, providing them with the tools they need to navigate their journeys with confidence and resilience.

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Impact




July, 2024

The Optimist Club of Deep River Northview NC Inc's impact can be seen in the positive growth and development of the youth in the community of Sanford, NC. Through their dedicated youth programs, the organization provides opportunities for young people to succeed and thrive. By focusing on promoting positive values and offering development programs, the Optimist Club plays a vital role in shaping the future of the youth in the community.




This information is meant to be a general summary of The Optimist Club Of Deep River Northview Nc 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
$579,892 (2023)
Expenses
$71,470 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $5,316
  • Program Service Revenue: $32,069
  • Gross Receipts: $974,034

Assets and Liabilities:

  • Total Assets: $702,920
  • Total Liabilities: $0
  • Net Assets: $702,920

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Programs

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

YOUTH PROGRAMS

Revenue

$28,294

SIGN SPONSORSHIPS

Revenue

$3,775

Organization Details

Founding Year

1977

Principal Officer

Mike Gaster

NTEE Category

Code: N63 - Recreation

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