Optimist Club Foundation Of Clarkston Michigan
- Assets
- $165.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clarkston, MI
- Founding
- 10/1998
- Data as of
- 09/2022
- EIN
- 38-3373756
Organization Overview
Optimist Club Foundation Of Clarkston Michigan is located in Clarkston, MI. The organization was established in 1998. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building 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 Clarkston Michigan 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 09/2022, Optimist Club Foundation Of Clarkston Michigan generated $158.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $129.8k during the year ending 09/2022. While expenses have increased by 9.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Lowrie President | 5 | $0 | |
Curt Carson Treasurer | 5 | $0 | |
Bruce Mercado Secretary | 5 | $0 | |
Michelle Carson Vice President | 5 | $0 | |
Debra Berry Director | 1 | $0 | |
Robin Brose Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,284 |
| Total Program Service Revenue | $11,700 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,252 |
| Other Revenue | $0 |
| Total Revenue | $158,236 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $1,485 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,492 |
| Total expenses | $129,756 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,474 |
| Other assets | $0 |
| Total assets | $165,702 |
| Total liabilities | $39,179 |
| Net assets or fund balances | $126,523 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Optimist Club Foundation Of Clarkston Michigan has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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