Optimist International
- Assets
- $91.8k
- Revenue
- $141.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hammond, IN
- Founding
- 06/1968
- Data as of
- 09/2023
- EIN
- 35-6028350
Organization Overview
Optimist International is located in Hammond, IN. The organization was established in 1968. 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 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 $141.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $114.8k during the year ending 09/2023. While expenses have increased by 5.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT LOCAL YOUTH GROUPS THROUGH CONTRIBUTIONS AND SPONSORING VARIOUS SPORTING ACTIVITIES AND OTHER EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT LOCAL YOUTH GROUPS THROUGH CONTRIBUTIONS AND SPONSORING VARIOUS SPORTING ACTIVITIES AND OTHER EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Bell Treasurer | OfficerTrustee | 0.75 | $0 |
Wayne Duncanson Board Of Gov | Trustee | 0.75 | $0 |
John Emigh Sgt At Arms | OfficerTrustee | 0.75 | $0 |
Randy Gluth President | OfficerTrustee | 0.75 | $0 |
Doyle Godbolt Secretary | OfficerTrustee | 0.75 | $0 |
Roger Ladd Board Of Gov | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,960 |
| Fundraising events | $0 |
| Related organizations | $27,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,008 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,968 |
| Total Program Service Revenue | $36,813 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,506 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,847 |
| Net Income from Gaming Activities | $31,822 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $36,813 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $3,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $415 |
| Advertising and promotion | $0 |
| Office expenses | $3,959 |
| Information technology | $1,054 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $5,959 |
| Depreciation, depletion, and amortization | $1,365 |
| Insurance | $8,750 |
| All other expenses | $3,964 |
| Total functional expenses | $114,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99 |
| Savings and temporary cash investments | $83,418 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,480 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,810 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,807 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,585 |
| Total liabilities | $1,585 |
| Net assets without donor restrictions | $90,222 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,807 |