Optimist International is located in Olney, MD. The organization was established in 1944. 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 $171.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $83.7k during the year ending 09/2022. While expenses have increased by 7.2% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO AID LOCAL CHARITIES TO CARRY OUT THEIR EXEMPT PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Justice Treasurer | 0.25 | $0 | |
John Fratengelo Secretary | 0.25 | $0 | |
James Douglas President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,370 |
Total Program Service Revenue | $152,034 |
Membership dues | $1,436 |
Investment income | $13,523 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $171,363 |
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 | $22,438 |
Total expenses | $83,709 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $246,231 |
Other assets | $0 |
Total assets | $246,231 |
Total liabilities | $0 |
Net assets or fund balances | $246,231 |
Organization Name | Assets | Revenue |
---|---|---|
Youth Service America Washington, DC | $348,122 | $1,098,335 |
Her Resiliency Center Washington, DC | $310,764 | $852,218 |
Need In Deed Philadelphia, PA | $1,174,484 | $716,384 |
Casa Elkton, MD | $261,536 | $566,324 |
Optimist International Gilbertsville, PA | $62,566 | $220,879 |
Capital District Key Club Ashland, VA | $180,225 | $229,795 |
Optimist International Herndon, VA | $281,595 | $257,129 |
Youth As Resources Inc Baltimore, MD | $666,682 | $364,619 |
Northeastern Pennsylvania Youth Shelter Dba Nepa Youth Shelter Dunmore, PA | $265,207 | $229,025 |
Dale City Track Club Woodbridge, VA | $33,631 | $0 |
Optimist International Ocean Pines, MD | $268,647 | $0 |
Phoenixville Area Positive Alternatives Inc Phoenixville, PA | $44,012 | $0 |