Optimist International
- Assets
- $96.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Iowa City, IA
- Founding
- 07/1958
- Data as of
- 09/2022
- EIN
- 42-6081195
Organization Overview
Optimist International is located in Iowa City, IA. The organization was established in 1958. 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 09/2022, Optimist International generated $48.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $41.4k during the year ending 09/2022. While expenses have increased by 25.3% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO COMMUNITY ORGANIZATIONS THAT SERVE YOUTH AND THEIR FAMILIES. THIS SUPPORT CAN INCLUDE A WIDE RANGE OF ACTIVITIES INCLUDING SCHOLARSHIPS TO PARTICIPATION IN YOUTH SPORTS PROGRAMS, LIBRARY SERVICES, PLAYGROUNDS, SCHOOL FIELD TRIP PROGRAMS TO MUSEUMS OR MUSICAL EVENTS AND MEETING BASIC YOUTH AND FAMILY NEEDS FOR UNDERPRESENTED POPULATIONS. SUPPORT IS PROVIDED TO THOSE COMMUNITY ORGANIZATIONS THAT REACH THE MOST YOUTH SUCH AS A SPORTS PROGRAM TO PROVIDE 15-20 SCHOLARSHIPS TO PLAYGROUNDS THAT MAY SUPPORT THOUSANDS OF YOUTH. VERY CONSERVATIVELY, ORGANIZATION SUPPORT COULD IMPACT 1000 YOUTH PER YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Conley President | 5 | $0 | |
Scott Jamison Secretary | 2 | $0 | |
Leslie Finger Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,116 |
| Investment income | $108 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $44,506 |
| Other Revenue | $0 |
| Total Revenue | $48,730 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $208 |
| Other expenses | $5,973 |
| Total expenses | $41,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,876 |
| Other assets | $0 |
| Total assets | $96,876 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,876 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avenues For Youth Minneapolis, MN | $3,613,474 | $3,029,889 |
The Brandlab Minneapolis, MN | $2,985,937 | $2,203,610 |
180zone Inc Davenport, IA | $3,365,742 | $2,243,678 |
Optimist International Prior Lake, MN | $174,040 | $498,924 |
Rockford Hockey Club Inc Rockford, IL | $220,121 | $333,542 |
Lead2change Inc Milwaukee, WI | $144,220 | $385,644 |
Open Doors For Youth Elk River, MN | $241,363 | $329,676 |
Southtown Youth Program Center Mount Vernon, IL | $12,643 | $279,300 |
Optimist International Worthington, MN | $39,652 | $228,844 |
Luverne Hockey Club Luverne, MN | $1,034,983 | $294,167 |
Youth Excited About Sports Warrensburg, MO | $2,205,465 | $168,137 |
Sports Mentorship Academy Rochester, MN | $80,568 | $0 |