Optimist Club Foundation Of Point Loma
- Assets
- $235.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 11/1994
- Data as of
- 09/2023
- EIN
- 33-0630243
Organization Overview
Optimist Club Foundation Of Point Loma is located in San Diego, CA. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Optimist Club Foundation Of Point Loma 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, Optimist Club Foundation Of Point Loma generated $113.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $180.8k during the year ending 09/2023. While expenses have increased by 17.2% per year over the past 8 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, Optimist Club Foundation Of Point Loma has awarded 39 individual grants totaling $148,727. 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL SUPPORT FOR THE CHARITABLE AND EDUCATIONAL BENEFIT FOR THE YOUTH IN THE POINT LOMA COMMUNITY OF SAN DIEGO, CA
Describe the Organization's Program Activity:
Part 3
SUPPORT YOUTH ORGANIZATIONS IN THE POINT LOMA COMMUNITY BY FUNDING ACTIVITIES SUCH AS LITTLE LEAGUE BASEBALL, GIRLS SOFTBALL, WOMENS HIGH SCHOOL GOLF TEAM, YOUTH BASKETBALL THROUGH THE PENINSULA YMCA, EAGLE SCOUT PROJECTS, CHILDRENS MEDICAL ASSISTANCE, SCHOLARSHIPS FOR HIGH SCHOOL SENIORS, RECOGNIZE OUTSTANDING GRADE SCHOOL STUDENTS, ENVIRONMENTAL CAMPS FOR ELEMENTARY STUDENTS, ORATORICAL CONTESTS, ESSAY CONTEST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Bramley President & CEO | 4 | $0 | |
Gary Correia Treasurer | 4 | $0 | |
Jeff Fischbeck Secretary | 4 | $0 | |
Tom Gibbings Vice Chairperso | 4 | $0 | |
Tom Lewis Director | 4 | $0 | |
Randy Rolfe Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,960 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,705 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $91,920 |
| Other Revenue | $0 |
| Total Revenue | $113,585 |
| 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 | $6,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,852 |
| Total expenses | $180,807 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,399 |
| Other assets | $0 |
| Total assets | $235,399 |
| Total liabilities | $4,000 |
| Net assets or fund balances | $231,399 |
Grants Awarded
Over the last fiscal year, Optimist Club Foundation Of Point Loma has awarded $16,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DEWEY ELEMENTARY SCHOOL PURPOSE: AUDIOVISUAL EQUIP | $2,900 |
OCEAN BEACH ELEMENTARY SCHOOL PURPOSE: SCHOOL SUPPLIES | $5,000 |
NTC FOUNDATION PURPOSE: AFTER SCHOOL ACTIVITIES | $3,500 |
CABRILLO ELEMENTARY PURPOSE: SCHOOL SUPPLIES | $5,000 |