Optimist International
- Assets
- $44.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boone, NC
- Founding
- 01/1960
- Data as of
- 12/2021
- EIN
- 56-6062615
Organization Overview
Optimist International is located in Boone, NC. The organization was established in 1960. 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 12/2021, Optimist International generated $18.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $21.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 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
TO AID AND ENCOURAGE THE DEVELOPMENT OF YOUTH THROUGHOUTTHE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Salzano Secretary | 2 | $0 | |
Gene Swift President | 3 | $0 | |
Gail Shuford Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $220 |
| Total Program Service Revenue | $15,616 |
| Membership dues | $2,550 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,406 |
| 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 | $83 |
| Printing, publications, postage, and shipping | $146 |
| Other expenses | $20,942 |
| Total expenses | $21,171 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,196 |
| Other assets | $0 |
| Total assets | $44,196 |
| Total liabilities | $0 |
| Net assets or fund balances | $44,196 |
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 |