Civic Intelligence

Jackson Optimist Charitable Fund Inc.

990 • Fiscal year 2017 • EIN 38-2520345

Sep 01, 2016 to Aug 31, 2017 • Filed on Nov 06, 2017

1300 W North StreetJackson, MI 49202-3134

(517) 783-2664

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

43rd percentile

0.06x

Higher debt load relative to assets than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.14x

Higher debt load relative to revenue than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

51st percentile

$64,876

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

18th percentile

-5.4%

Faster asset growth than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

20th percentile

-9.8%

Faster revenue growth than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,386,078

Down $79,722 (-5.4%) from 2016

Net Assets

Down

$1,309,689

Down $124,841 (-8.7%) from 2016

Liabilities

Up

$76,389

Up $45,119 (+144%) from 2016

Revenue

Down

$556,789

Down $60,461 (-9.8%) from 2016

Expenses

Up

$681,630

Up $18,937 (+2.9%) from 2016

Net Income

Down

-$124,841

Down $79,398 (-175%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,925,028Liabilities 2010: $294,930Net Assets 2010: $1,630,0982010Assets 2011: $1,818,539Liabilities 2011: $193,464Net Assets 2011: $1,625,0752011Assets 2012: $1,761,656Liabilities 2012: $166,604Net Assets 2012: $1,595,0522012Assets 2013: $1,676,713Liabilities 2013: $96,638Net Assets 2013: $1,580,0752013Assets 2014: $1,581,268Liabilities 2014: $16,661Net Assets 2014: $1,564,6072014Assets 2015: $1,504,873Liabilities 2015: $24,900Net Assets 2015: $1,479,9732015Assets 2016: $1,465,800Liabilities 2016: $31,270Net Assets 2016: $1,434,5302016Assets 2017: $1,386,078Liabilities 2017: $76,389Net Assets 2017: $1,309,6892017Assets 2018: $1,319,393Liabilities 2018: $72,790Net Assets 2018: $1,246,6032018Assets 2019: $1,263,462Liabilities 2019: $69,273Net Assets 2019: $1,194,1892019Assets 2020: $1,328,505Liabilities 2020: $154,753Net Assets 2020: $1,173,7522020Assets 2021: $1,314,543Liabilities 2021: $109,661Net Assets 2021: $1,204,8822021Assets 2022: $1,284,464Liabilities 2022: $53,970Net Assets 2022: $1,230,4942022Assets 2023: $1,372,921Liabilities 2023: $44,409Net Assets 2023: $1,328,5122023

Highlighted filing

2017

Assets$1,386,078
Liabilities$76,389
Net Assets$1,309,689

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $682,5622010Revenue 2011: $686,795Expenses 2011: $691,818Net Income 2011: -$5,0232011Expenses 2012: $682,1972012Revenue 2013: $673,157Expenses 2013: $688,134Net Income 2013: -$14,9772013Revenue 2014: $656,422Expenses 2014: $671,890Net Income 2014: -$15,4682014Revenue 2015: $598,457Expenses 2015: $683,091Net Income 2015: -$84,6342015Revenue 2016: $617,250Expenses 2016: $662,693Net Income 2016: -$45,4432016Revenue 2017: $556,789Expenses 2017: $681,630Net Income 2017: -$124,8412017Revenue 2018: $606,662Expenses 2018: $669,748Net Income 2018: -$63,0862018Revenue 2019: $601,077Expenses 2019: $653,491Net Income 2019: -$52,4142019Revenue 2020: $604,710Expenses 2020: $625,147Net Income 2020: -$20,4372020Revenue 2021: $680,539Expenses 2021: $649,409Net Income 2021: $31,1302021Revenue 2022: $734,645Expenses 2022: $709,033Net Income 2022: $25,6122022Revenue 2023: $870,241Expenses 2023: $772,223Net Income 2023: $98,0182023

Highlighted filing

2017

Revenue$556,789
Expenses$681,630
Net Income-$124,841
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$622,659
Mission and Program Overview

Mission

Optimist ice arena will strive to provide a venue for cultural, recreational, social and enertainment activities for the entire community. In doing so, we enhance the well being of the youth and families we serve. Our facility will be safe, accessible and affordable.

Recreational activity for the youth of the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,355,231$1,308,281▼ $46,950
Rtn Earn Endowment Incm Other Fnds$1,390,016$1,265,175▼ $124,841
Pd in Cap Srpls Land Bldg Eqp Fund$44,514$44,514→ $0
Savings and Temporary Cash Investments$75,248$30,296▼ $44,952
Cash and Non-Interest-Bearing Accounts$14,589$28,756▲ $14,167
Inventories for Sale or Use$10,100$10,964▲ $864
Prepaid Expenses and Deferred Charges$2,387$3,941▲ $1,554
Accounts Receivable$8,245$3,840▼ $4,405
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,465,800$1,386,078▼ $79,722
Liabilities
Accounts Payable and Accrued Expenses$22,522$42,184▲ $19,662
Deferred Revenue$8,748$34,205▲ $25,457
Total Liabilities$31,270$76,389▲ $45,119
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,434,530$1,309,689▼ $124,841
Total Liabilities and Net Assets / Fund Balance$1,465,800$1,386,078▼ $79,722

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,092,588$2,057,597$3,150,185
Equipment$65,693$433,422$499,115
Land$150,000-$150,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Don TrappGeneral ManagerFT$60,175$4,701$64,876

Board Members and Trustees

NameTitle
David CARLSONPresident
Alan MilitchDirector
Gary HessDirector
John KnibloeDirector
Phil AugustineDirector
AnthonY RADUAZOSecretary
ThomaS SLATERTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,629
Program Service Revenue
$501,834
Investment Income
$50
Other Revenue
$44,276
All Other Contributions
$10,629
Change in Net Assets
$-124,841
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$386,292
Salaries, Compensation, and Employee Benefits$290,664
Grants and Similar Amounts Paid$4,674
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$181,549$5,733-$187,282
Other Salaries and Wages$177,993--$177,993
Depreciation Depletion$80,004--$80,004
Current Officers, Directors, Trustees, and Key Employees-$64,876-$64,876
Other Employee Benefits$28,946--$28,946
Insurance$16,098$4,128-$20,226
Payroll Taxes$17,407$1,442-$18,849
Other Expenses$11,776$665-$11,776
Advertising$9,578--$9,578
Office Expenses$5,087$1,696-$6,783
Fees for Services Other-$6,150-$6,150
Grants to Domestic Orgs$4,674--$4,674
All Other Expenses$1,980$1-$1,981
Conferences and Meetings$1,268--$1,268
Travel$1,101--$1,101
Total Functional Expenses$596,939$84,691$0$681,630
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Management reviews the 990 and copies are provided to the board of directors.

Form 990, Part VI, Section B, line 12

The board informally reviews the relationships of its members to identify possible conflicts of interest on a regular basis.

Form 990, Part VI, Section B, line 15

The Board determines the salary of the Manager at its meetings after considering performance and comparable salary information.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Jackson Optimist Charitable Fund Inc
EIN
38-2520345
Phone
5177832664
Address
1300 W North Street, Jackson, MI 49202-3134

Signing Officer

Name
John Knibloe
Title
President
Phone
5177832664
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Carlson
Formed
1984
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
18
Volunteers
7

Preparer

Firm
Rehmann Robson LLC
Address
675 Robinson Rd, Jackson, MI 49203
Preparer
Kerry J Nelson CPA
Phone
5177876503
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IRS990/RentalIncomeOrLossGrp/RealAmt013231
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0516876
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01390016
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01265175
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075248
IRS990/SavingsAndTempCashInvstGrp/EOYAmt030296
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010629
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06357
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06491
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014727
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050540
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019389
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt018729
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt014829
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt019822
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt021798
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt094567
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0501834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0557674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0544241
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0606855
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0619172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02829776
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt075765
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt082421
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt078134
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt086246
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt087550
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0410116
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019389
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt018729
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt019822
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt021798
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt094567
IRS990ScheduleA/InvestmentIncomeCYPct00.02750
IRS990ScheduleA/InvestmentIncomePYPct00.02680
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt015042
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt012481
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011953
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt011132
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09079
IRS990ScheduleA/OtherIncome509Grp/TotalAmt059687
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.72770
IRS990ScheduleA/PublicSupportPY509Pct00.71660
IRS990ScheduleA/PublicSupportTotal509Amt02506549
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0112693
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0133510
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0135149
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0201142
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0201389
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0783883
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0112693
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0133510
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0135149
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0201142
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0201389
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0783883
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0588228
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0646452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0628866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0705437
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0721449
IRS990ScheduleA/Total509Grp/TotalAmt03290432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0622659
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0677662
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0655648
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0736391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0752326
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03444686
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01092588
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02057597
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03150185
IRS990ScheduleD/EquipmentGrp/BookValueAmt065693
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0433422
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0499115
IRS990ScheduleD/LandGrp/BookValueAmt0150000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0150000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01308281
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT REVIEWS THE 990 AND COPIES ARE PROVIDED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD INFORMALLY REVIEWS THE RELATIONSHIPS OF ITS MEMBERS TO IDENTIFY POSSIBLE CONFLICTS OF INTEREST ON A REGULAR BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board determines the salary of the Manager at its meetings after considering performance and comparable salary information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01465800
IRS990/TotalAssetsEOYAmt01386078
IRS990/TotalAssetsGrp/BOYAmt01465800
IRS990/TotalAssetsGrp/EOYAmt01386078
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010629
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0596939
IRS990/TotalFunctionalExpensesGrp/TotalAmt0681630
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031270
IRS990/TotalLiabilitiesEOYAmt076389
IRS990/TotalLiabilitiesGrp/BOYAmt031270
IRS990/TotalLiabilitiesGrp/EOYAmt076389
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01434530
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01309689
IRS990/TotalOtherCompensationAmt04701
IRS990/TotalProgramServiceExpensesAmt0596939
IRS990/TotalProgramServiceRevenueAmt0501834

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.04$1.33$0.87$0.77$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.05$1.23$0.73$0.71$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.11$1.20$0.68$0.65$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.15$1.17$0.60$0.63$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.07$1.19$0.60$0.65$0.05
2018Summary only. Only limited summary data is available for this year.$1.32$0.07$1.25$0.61$0.67$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.39$0.08$1.31$0.56$0.68$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.47$0.03$1.43$0.62$0.66$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.02$1.48$0.60$0.68$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.02$1.56$0.66$0.67$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.10$1.58$0.67$0.69$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.17$1.60$0.68
2011Summary only. Only limited summary data is available for this year.$1.82$0.19$1.63$0.69$0.69$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.29$1.63$0.68