Twin Falls Optimist Foundation Inc
- Assets
- $32.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Twin Falls, ID
- Founding
- 01/2013
- EIN
- 45-4308588
Organization Overview
Twin Falls Optimist Foundation Inc is located in Twin Falls, ID. The organization was established in 2013. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Twin Falls Optimist Foundation Inc 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 undefined, Twin Falls Optimist Foundation Inc generated $62.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $68.6k during the year ending undefined. 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
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS AND SUPPORT SERVICES FOR THE YOUTH IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3
RENOVATE AND FURNISH A FACILITY TO PROVIDE A HOME FOR YOUTH AFFECTED BY THE FOSTER CARE SYSTEM TO EASE THE TRANSISTION TO INDEPENDENT ADULT LIVING.
GRANTS TO A NEWLY ESTABLISHED YOUTH HOUSE OPERATING GROUP PROVIDING TRANSISTIONAL HOUSING FOR YOUTH AGING OUT OF THE FOSTER CARE SYSTEM. THE FUNDS SUPPORT THE OPERATING COSTS TO KEEP THE HOME OPEN AND SUPPORT THE TRANSISTION PROGRAMS FOR THOSE YOUTH.
GRANTS TO ORGANIZATIONS PROVIDING A COATS FOR DISADVANTAGED YOUTH IN COORDINATION WITH SCHOOLS AND GENERAL SUPPORT FOR DISADAVANTAGED YOUTH AND FAMILIES FOR NEEDS NOT ADDRESSED BY OTHER COMMUNITY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Ward President | 1 | $0 | |
Gloria Gott Vice Preside | 1 | $0 | |
David Hickok Secretary | 1 | $0 | |
Douglas Lincoln Treasurer | 1 | $0 | |
Doug Roe Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,234 |
| Statement of Expenses | |
|---|---|
| Total expenses | $68,571 |
| Balance Sheet | |
|---|---|
| Total assets | $32,306 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,306 |
Grants Awarded
Over the last fiscal year, Twin Falls Optimist Foundation Inc has awarded $106,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPTIMIST CLUB OF TWIN FALLS PURPOSE: Coats for Kids Youth Support Services | $20,300 |
TWIN FALLS OPTIMIST YOUTH HOUSE PURPOSE: Operating costs of youth house | $86,000 |