Optimum Childrens Services
- Assets
- $170.4k
- Revenue
- $503.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Red Oak, TX
- Founding
- 03/2004
- Data as of
- 12/2018
- EIN
- 20-0265527
Organization Overview
Optimum Childrens Services is located in Red Oak, TX. The organization was established in 2004. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2018, Optimum Childrens Services employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Optimum Childrens Services 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 12/2018, Optimum Childrens Services generated $503.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $539.9k during the year ending 12/2018. While expenses have increased by 21.7% per year over the past 3 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TREATMENT FOSTER CARE AND ADOPTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER CARE - PLACE CHILDREN IN APPROVED FOSTER HOMES. PROVIDE BASIC AND THERAPEUTIC FOSTER CARE TO ENHANCE A CHILD'S WELL-BEING IN A FAMILY SETTING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doris Manning Director | Trustee | 2 | $0 |
Irma Crosby Director | Trustee | 2 | $0 |
Cynthia Pate Executive Director | OfficerTrustee | 40 | $7,600 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $503,403 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $503,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $7,600 |
| Compensation of current officers, directors, key employees. | $7,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,156 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,293 |
| Advertising and promotion | $1,938 |
| Office expenses | $6,727 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,185 |
| Travel | $1,195 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,554 |
| All other expenses | $0 |
| Total functional expenses | $539,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $881 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,290 |
| Loans from Officers, Directors, or Controlling Persons | $66,951 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,251 |
| Total assets | $170,373 |
| Accounts payable and accrued expenses | $25 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $28,579 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,604 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $141,769 |