Lakeside Optimist Youth Foundation
- Assets
- $184.0k
- Revenue
- $280.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeside, CA
- Founding
- 04/1995
- Data as of
- 09/2023
- EIN
- 33-0371267
Organization Overview
Lakeside Optimist Youth Foundation is located in Lakeside, CA. The organization was established in 1995. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeside Optimist Youth Foundation 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 09/2023, Lakeside Optimist Youth Foundation generated $280.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $236.6k during the year ending 09/2023. While expenses have increased by 1.0% per year over the past 7 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.
Since 2015, Lakeside Optimist Youth Foundation has awarded 45 individual grants totaling $189,976. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Stratton Sec/treas | 0 | $0 | |
Bill Schadt Vice President | 0 | $0 | |
Douglas Board President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $17 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $278,928 |
| Total Revenue | $280,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,200 |
| Printing and publications | $0 |
| Other expenses | $192,918 |
| Total operating and administrative expenses | $205,118 |
| Contributions, gifts, grants paid | $31,443 |
| Total expenses and disbursements | $236,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,342 |
| Savings and temporary cash investments | $18,685 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $184,027 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lakeside Optimist Youth Foundation has awarded $31,443 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
EL CAPITAN HIGH SCHOOL PURPOSE: TO HELP PREPARE HIGH SCHOOLERS FOR COLLEGE AND PROMOTE LEADERSHIP AT THE HIGH SCHOOL LEVEL. | $20,456 |
BOY SCOUTS OF AMERICA PURPOSE: TO PROVIDE MEETING SPACE AND SUPPORT TO LOCAL BOY SCOUTS AND THEIR PROJECTS. | $4,737 |
RIVER VALLY CHARTER SCHOOL PURPOSE: TO PROVIDE ACTIVITIES AND FOR SUPPORT OF LAKESIDE'S ELEMENTARY AND MIDDLE SCHOOL CHILDREN. | $5,250 |
LAKESIDE UNION SCHOOL DISTRICT PURPOSE: TO PROVIDE ACTIVITIES AND FOR SUPPORT OF LAKESIDE'S ELEMENTARY AND MIDDLE SCHOOL CHILDREN. | $1,000 |