Optimist International
- Assets
- $4.7m
- Revenue
- $12.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/1954
- Data as of
- 09/2022
- EIN
- 56-6048700
Organization Overview
Optimist International is located in Raleigh, NC. The organization was established in 1954. 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 $12.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $12.5k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY SERVICE CLUB DEDICATED TO SERVING YOUTH, LAW AND ORDER, AND IMPROVEMENT IN LOCAL AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTMAS TREE SALES, FUNDS RAISED TO SUPPORT YOUTH PROGRAMS, FUNDS RAISED TO SUPPORT CHILDHOOD CANCER RESEARCH, COLLEGE SCHOLARSHIP PROGRAMS AND YOUTH SPORTS PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Johnson President | Officer | 0 | $0 |
J G Baker Vice President | Officer | 0 | $0 |
Stanley Pickett Vice President | Officer | 0 | $0 |
Scott Brown Treasurer | Officer | 0 | $0 |
Stacey Smith Secretary | Officer | 0 | $0 |
Carlyle Teague Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,554 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,656 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,574 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,623 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,705 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,100 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $132 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,037 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $390 |
| Total functional expenses | $12,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,802 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,641,647 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,686,449 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $971 |
| Total liabilities | $971 |
| Net assets without donor restrictions | $73,688 |
| Net assets with donor restrictions | $4,611,790 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,686,449 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Avery County Inc Linville, NC | $10,986,803 | $2,337,962 |
Akins Path Inc Brentwood, TN | $456,373 | $802,753 |
Real Champions Inc Ridgeland, SC | $355,895 | $615,978 |
Get In The Game Winston Salem, NC | $65,253 | $276,203 |
Capital District Key Club Ashland, VA | $180,225 | $229,795 |
Optimist International Herndon, VA | $281,595 | $257,129 |
W-Underdogs Inc Atlanta, GA | $53,074 | $229,092 |
Kids Boost Inc Cumming, GA | $240,262 | $317,927 |
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 |