Optimist International
- Assets
- $375.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 07/1958
- Data as of
- 09/2022
- EIN
- 56-5066727
Organization Overview
Optimist International is located in Wilmington, NC. 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 09/2022, Optimist International generated $72.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $75.4k during the year ending 09/2022. While expenses have increased by 1.0% 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
HELP YOUTH STAY BUSY
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,531 |
| Investment income | $18 |
| Gain or Loss | $43,066 |
| Net Income from Gaming & Fundraising | $23,546 |
| Other Revenue | $19,582 |
| Total Revenue | $71,981 |
| 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 | $7,493 |
| Occupancy, rent, utilities, and maintenance | $8,730 |
| Printing, publications, postage, and shipping | $481 |
| Other expenses | $58,703 |
| Total expenses | $75,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,977 |
| Other assets | $0 |
| Total assets | $375,772 |
| Total liabilities | $0 |
| Net assets or fund balances | $375,772 |
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|---|---|---|
Young Mens Christian Association Of Avery County Inc Linville, NC | $10,986,803 | $2,337,962 |
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Kinston Teens Kinston, NC | $171,834 | $111,660 |
Multicare Foundation Inc Greeneville, TN | $44,186 | $86,526 |
Optimist International Wilmington, NC | $66,488 | $142,958 |
Dale City Track Club Woodbridge, VA | $33,631 | $0 |