Lincoln West Optimist Club Foundation

EIN 47-0799415 • 501(c)3 • Lincoln, NE

Profile

The purpose of the corporation shall be and remain limited to charitable purposes under 501(c)(3) of the internal revenue code, specifically, of combating juvenile delinquency and advancing relief of poor, distressed and underprivileged youth by providing campground(s)and cabin(s) for use by charitable youth groups and underprivileged youth groups.

C/O Quincy Wiens 2841 Ohanlon DrLincoln, NE 68516

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

14%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

254%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$277,646

Up $33,539 (+14%) from 2023

Liabilities

No earlier filing loaded for comparison.

Net Assets

$277,646

No earlier filing loaded for comparison.

Operations

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

$38,502

Up $27,636 (+254%) from 2023

Expenses

No earlier filing loaded for comparison.

Net Income

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$277,646

Liabilities-

Net Assets$277,646

Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$38,502

Expenses-

Net Income-

Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing

Assets: $277,646
Liabilities: -
Net assets: $277,646
Revenue: $38,502
Expenses: -
Net income: -

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.78		$2.78	$0.39
2023Summary only. Only limited summary data is available for this year.	$2.44	$0.00		$0.11	$0.06	$0.05
2022Summary only. Only limited summary data is available for this year.	$2.15	$0.00		$0.12	$0.01	$0.11
2021Detailed filing. Detailed filing data is available for this year.	$2.58		$2.58	$0.14	$0.00	$0.14
2020Summary only. Only limited summary data is available for this year.	$2.28	$0.00		$0.11	$0.05	$0.06
2019Summary only. Only limited summary data is available for this year.	$1.95	$0.00		$0.11	$0.06	$0.05
2018Summary only. Only limited summary data is available for this year.	$1.68	$0.00		$0.10	$0.05	$0.05
2017Summary only. Only limited summary data is available for this year.	$1.78	$0.00		$0.09	$0.12	$0.03
2016Summary only. Only limited summary data is available for this year.	$1.65	$0.00		$0.06	$0.00	$0.06
2015Summary only. Only limited summary data is available for this year.	$1.53	$0.00		$0.08	$0.09	$0.01
2014Summary only. Only limited summary data is available for this year.	$1.62	$0.00		$0.12	$0.04	$0.09
2013Summary only. Only limited summary data is available for this year.	$1.57	$0.00		$0.06	$0.06	$0.01
2012Summary only. Only limited summary data is available for this year.	$1.44	$0.00		$0.05	$0.03	$0.02

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To

Filing Snapshot

Filing Period: Jan 1, 2021 to Dec 31, 2021
Signed: Nov 10, 2022
Return Version: 2021v4.0
Gross Receipts: $14,229

Mission and Program Overview

Mission

Program Services

Description	Grants	Expenses
THE EXEMPT PURPOSE IS TO SUPPORT THE LINCOLN WEST OPTIMIST CLUB (LWOC) IN ITS SERVICE TO YOUTH. THE FOUNDATION SUPPORTS LWOC IN ITS MAINTENANCE AND IMPROVEMENT OF A LODGE AND GROUNDS. THE LODGE IS OWNED BY LWOC AS A LEASEHOLD IMPROVEMENT. THE GROUNDS ARE LEASED FROM NEBRASKA GAME & PARKS, AND ARE OFFERED FREE TO YOUTH GROUPS AND OTHER NON-PROFITS. USE IS FOR CAMPING AND OUTDOOR EVENTS. BOY AND GIRL SCOUT GROUPS ARE PRIMARY USERS OF THE PROPERTY. THIS FOUNDATION HAS CONTRIBUTED TO GENERAL IMPROVEMENTS AND ASSET ADDITIONS FOR THE LODGE AND GROUNDS.	-	-

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
QUINCY WIENS	President	-	$0	-	-
J-AVERY CANDLER	Vice Preside	-	$0	-	-
RON KALLHOFF	Secretary	-	$0	-	-
MATT NIVEN	Treasurer	-	$0	-	-
TROY COONEY	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Lincoln West Optimist Club
EIN: 47-0799415
Phone: 4025256023
Address: C/O QUINCY WIENS 2841 OHANLON DR, LINCOLN, NE 68516

Signing Officer

Name: Quincy Wiens
Title: President
Phone: 4025256023
Signed: 2022-11-10
Discuss with paid preparer: Yes

Preparer

Firm: Burch & Associates Inc
Address: 8101 S 15TH ST STE B, LINCOLN, NE 68512
Preparer: Mark Burch Ea
Phone: 4024834791

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20

“Unrealized gain: (loss) on investment 21,212 transfer from lwoc 500”

Form 990-ez, Part III

“The purpose of the corporation shall be and remain limited to charitable purposes under 501(c)(3) of the internal revenue code, specifically, of combating juvenile delinquency and advancing relief of poor, distressed and underprivileged youth by providing campground(s)and cabin(s) for use by charitable youth groups and underprivileged youth groups.”

Form 990-ez, Part III, Line 28

“The exempt purpose is to support the lincoln west optimist club (lwoc) in its service to youth. The foundation supports lwoc in its maintenance and improvement of a lodge and grounds. The lodge is owned by lwoc as a leasehold improvement. The grounds are leased from nebraska game & parks, and are offered free to youth groups and other non-profits. Use is for camping and outdoor events. Boy and girl scout groups are primary users of the property. This foundation has contributed to general improvements and asset additions for the lodge and grounds.”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	4025256023
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	2841 OHANLON DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	LINCOLN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	68516
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	221872
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	257792
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	14208
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	221872
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	257792
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	11149
IRS990EZ/GrossReceiptsAmt	0	14229
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	3080
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	221872
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	257792
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	221872
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	257792
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	QUINCY WIENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	J-AVERY CANDLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	RON KALLHOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	MATT NIVEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	TROY COONEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherChangesInNetAssetsAmt	0	21712
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE PURPOSE OF THE CORPORATION SHALL BE AND REMAIN LIMITED TO CHARITABLE PURPOSES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, SPECIFICALLY, OF COMBATING JUVENILE DELINQUENCY AND ADVANCING RELIEF OF POOR, DISTRESSED AND UNDERPRIVILEGED YOUTH BY PROVIDING CAMPGROUND(S)AND CABIN(S) FOR USE BY CHARITABLE YOUTH GROUPS AND UNDERPRIVILEGED YOUTH GROUPS.
IRS990EZ/PrintingPublicationsPostageAmt	0	21
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE EXEMPT PURPOSE IS TO SUPPORT THE LINCOLN WEST OPTIMIST CLUB (LWOC) IN ITS SERVICE TO YOUTH. THE FOUNDATION SUPPORTS LWOC IN ITS MAINTENANCE AND IMPROVEMENT OF A LODGE AND GROUNDS. THE LODGE IS OWNED BY LWOC AS A LEASEHOLD IMPROVEMENT. THE GROUNDS ARE LEASED FROM NEBRASKA GAME & PARKS, AND ARE OFFERED FREE TO YOUTH GROUPS AND OTHER NON-PROFITS. USE IS FOR CAMPING AND OUTDOOR EVENTS. BOY AND GIRL SCOUT GROUPS ARE PRIMARY USERS OF THE PROPERTY. THIS FOUNDATION HAS CONTRIBUTED TO GENERAL IMPROVEMENTS AND ASSET ADDITIONS FOR THE LODGE AND GROUNDS.
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SaleOfAssetsGrossAmt	0	11149
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	21
IRS990EZ/TotalRevenueAmt	0	14229
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd	0	false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd	0	true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	SUPPORTING ORGANIZATION WORKS CLOSELY WITH SUPPORTED ORGANIZATION INCLUDING REVIEWING FINANCIAL INFORMATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	1	SUPPORTING ORGANIZATION WORKS CLOSELY WITH SUPPORTED ORGANIZATION INCLUDING REVIEWING FINANCIAL INFORMATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	1	PART IV, SECTION A, LINE 3C
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/SupportedOrganizationsCnt	0	1
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	237069388
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd	0	7
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	LINCOLN WEST OPTIMIST CLUB
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType1Ind	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	UNREALIZED GAIN: (LOSS) ON INVESTMENT 21,212 TRANSFER FROM LWOC 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	THE PURPOSE OF THE CORPORATION SHALL BE AND REMAIN LIMITED TO CHARITABLE PURPOSES UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE, SPECIFICALLY, OF COMBATING JUVENILE DELINQUENCY AND ADVANCING RELIEF OF POOR, DISTRESSED AND UNDERPRIVILEGED YOUTH BY PROVIDING CAMPGROUND(S)AND CABIN(S) FOR USE BY CHARITABLE YOUTH GROUPS AND UNDERPRIVILEGED YOUTH GROUPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE EXEMPT PURPOSE IS TO SUPPORT THE LINCOLN WEST OPTIMIST CLUB (LWOC) IN ITS SERVICE TO YOUTH. THE FOUNDATION SUPPORTS LWOC IN ITS MAINTENANCE AND IMPROVEMENT OF A LODGE AND GROUNDS. THE LODGE IS OWNED BY LWOC AS A LEASEHOLD IMPROVEMENT. THE GROUNDS ARE LEASED FROM NEBRASKA GAME & PARKS, AND ARE OFFERED FREE TO YOUTH GROUPS AND OTHER NON-PROFITS. USE IS FOR CAMPING AND OUTDOOR EVENTS. BOY AND GIRL SCOUT GROUPS ARE PRIMARY USERS OF THE PROPERTY. THIS FOUNDATION HAS CONTRIBUTED TO GENERAL IMPROVEMENTS AND ASSET ADDITIONS FOR THE LODGE AND GROUNDS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	QUINCY WIENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	4025256023
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LINCOLN WEST OPTIMIST CLUB
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	LINC
ReturnHeader/Filer/EIN	0	470799415
ReturnHeader/Filer/PhoneNum	0	4025256023
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	C/O QUINCY WIENS 2841 OHANLON DR
ReturnHeader/Filer/USAddress/CityNm	0	LINCOLN
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NE
ReturnHeader/Filer/USAddress/ZIPCd	0	68516
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	470617858
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	BURCH & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	8101 S 15TH ST STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LINCOLN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	68512
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4024834791
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MARK BURCH EA
ReturnHeader/ReturnTs	0	2022-11-14T10:27:06-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	QUINCY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	WEINS
ReturnHeader/TaxPeriodBeginDt	0	2021-01-01
ReturnHeader/TaxPeriodEndDt	0	2021-12-31
ReturnHeader/TaxYr	0	2021