Optimist International
- Assets
- $51.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southern Pnes, NC
- Founding
- 07/1958
- Data as of
- 12/2021
- EIN
- 56-1610811
Organization Overview
Optimist International is located in Southern Pnes, NC. The organization was established in 1958. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building 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 12/2021, Optimist International generated $109.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $87.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
OPERATED YOUTH BASEBALL FOOTBALL LEAGUES AND ESSAY ORATORICAL CONTEST FOR OVER 400 PARTICIPANTS. DONATED FUNDS TO VARIOUS PARKS AND RECREATIONS DEPARTMENTS AND VARIOUS MIDDLE SCHOOLS FOR YOUTH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Moore Program Coordinator | 4 | $6,000 | |
Davy Formyduval Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $75,875 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,086 |
| Other Revenue | $25,539 |
| Total Revenue | $109,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,052 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $64,037 |
| Total expenses | $87,043 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,855 |
| Other assets | $0 |
| Total assets | $51,855 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,855 |
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