Optimist International
- Assets
- $94.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colonial Heights, VA
- Founding
- 07/1958
- Data as of
- 09/2023
- EIN
- 54-6052626
Organization Overview
Optimist International is located in Colonial Heights, VA. 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 09/2023, Optimist International generated $38.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $30.8k during the year ending 09/2023. While expenses have increased by 1.4% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE COMMUNITY SERVICE PROGRAMS,YOUTH ACTIVITES AND SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3
COMMUNITY & YOUTH SERVICE PROGRAMS: PROVIDES SPORT ACTIVITIES. CHILDREN CHRISTMAS TOYS, YOUTH APPREIATION, COMMUNICATION CONTESTS AND OTHER SIMULAR ACTIVITIES. ACTIVITIES RUN BY 40PLUS VOLUNTEERS THROUGHOUT THE YEAR AND AVAILABLE TO OVER 1,000 LOCAL YOUTH.
YOUTH COLLEGE SCHOLARSHIPS: SCHOLARSHIPS TO LOCAL STUDENTS BASED ON NEED, ESSAY, ORATORICAL AND OTHER CONTESTS. ACTIVITIES RUN BY 10 PLUS VOLUNTEERS THROUGHOUT THE YEAR AND AVAILABLE TO OVER 500 LOCAL YOUTH.
COMMUNITY AND YOUTH DONATIONS: FUNDS DONATION REQUESTS FROM YOUTH AND COMMUNITY SERVICE ORGANIZATIONS SUCH AS AFTER PROM COMMITTEE, KIDS AFTER SCHOOL PROGRAMS, BACK TO SCHOOL PROGRAM, SUMMER READING PROGRAM DONATION IN NORMAL YEARS. DONATIONS DETERMINED BY ORGANIZATION'S BOARD OF DIRECTORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Adams President | 2 | $0 | |
Carol Bennett Vice President | 2 | $0 | |
Page Foster Vice President | 2 | $0 | |
Linda Sullivan Secretary | 2 | $0 | |
Barbara Grizzard Treasurer/director | 2 | $0 | |
Chester Grizzard Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,879 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,230 |
| Investment income | $113 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,944 |
| Other Revenue | $4,813 |
| Total Revenue | $37,979 |
| 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 | $6,690 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,124 |
| Total expenses | $30,814 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,554 |
| Other assets | $0 |
| Total assets | $94,748 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,748 |