Optimist International
- Assets
- $59.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, IA
- Founding
- 10/1968
- Data as of
- 09/2023
- EIN
- 23-7011772
Organization Overview
Optimist International is located in Burlington, IA. The organization was established in 1968. According to its NTEE Classification (O51) the organization is classified as: Youth Community Service Clubs, under the broad grouping of Youth Development and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Optimist International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, Optimist International generated $37.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $29.3k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE IOWA DISTRICT OF OPTIMIST INTERNATIONAL IMPACTED 57 COMMUNITIES WITHIN IOWA THROUGH YOUTH DEVELOPMENT AND COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marguerite Fehseke Governor | 2 | $0 | |
Lynnae Hillyer Secretary/treasurer | 3 | $0 | |
Rich May Immediate Past Governor | 1 | $0 | |
Sharon Nakato Past Governor | 0 | $0 | |
Marge Hopkins Governor-Elect | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80 |
| Total Program Service Revenue | $14,005 |
| Membership dues | $24,225 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,836 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $690 |
| Other expenses | $28,610 |
| Total expenses | $29,300 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,034 |
| Other assets | $0 |
| Total assets | $59,034 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,034 |