Optimist International
- Assets
- $68.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenoir, NC
- Founding
- 09/1969
- Data as of
- 09/2021
- EIN
- 23-7034124
Organization Overview
Optimist International is located in Lenoir, NC. The organization was established in 1969. 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 09/2021, Optimist International generated $39.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $25.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Avery President | 6 | $0 | |
Maudette Denison Vice President | 4 | $0 | |
Lori Watson Secretary And Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,075 |
| Total Program Service Revenue | $28,780 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,620 |
| Other Revenue | $0 |
| Total Revenue | $39,475 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,130 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $5,528 |
| Printing, publications, postage, and shipping | $291 |
| Other expenses | $15,502 |
| Total expenses | $25,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,496 |
| Other assets | $0 |
| Total assets | $68,386 |
| Total liabilities | $7,485 |
| Net assets or fund balances | $60,901 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Avery County Inc Linville, NC | $10,986,803 | $2,337,962 |
Akins Path Inc Brentwood, TN | $456,373 | $802,753 |
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Capital District Key Club Ashland, VA | $180,225 | $229,795 |
Optimist International Herndon, VA | $281,595 | $257,129 |
W-Underdogs Inc Atlanta, GA | $53,074 | $229,092 |
Kids Boost Inc Cumming, GA | $240,262 | $317,927 |
Kinston Teens Kinston, NC | $171,834 | $111,660 |
Multicare Foundation Inc Greeneville, TN | $44,186 | $86,526 |
Optimist International Wilmington, NC | $66,488 | $142,958 |
Dale City Track Club Woodbridge, VA | $33,631 | $0 |