Ocean City-Berlin Optimist Youth Foundation Inc
- Assets
- $25.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Berlin, MD
- Founding
- 05/1998
- Data as of
- 09/2023
- EIN
- 52-1806103
Organization Overview
Ocean City-Berlin Optimist Youth Foundation Inc is located in Berlin, MD. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocean City-Berlin Optimist Youth 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 09/2023, Ocean City-Berlin Optimist Youth Foundation Inc generated $74.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (53.6%) each year. All expenses for the organization totaled $569.0 during the year ending 09/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDING AND SCHOLORSHIPS TO BENEFIT LOCAL YOUTH AND YOUTH-BASED COMMUNITY ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Dolomount Brown President | 0 | $0 | |
George Solyak Vice President | 0 | $0 | |
Melva Middleton Dorman Vice President | 0 | $0 | |
Cynthia Malament Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74 |
| 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 | $0 |
| Other expenses | $569 |
| Total expenses | $569 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,475 |
| Other assets | $0 |
| Total assets | $25,475 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,475 |