Optimist International
- Assets
- $70.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stanley, NC
- Founding
- 07/1958
- Data as of
- 12/2022
- EIN
- 56-6073255
Organization Overview
Optimist International is located in Stanley, NC. The organization was established in 1958. According to its NTEE Classification (N65) the organization is classified as: Football, under the broad grouping of Recreation & Sports 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 12/2022, Optimist International generated $42.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $33.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.8%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATE YOUTH FOOTBALL AND CHEERLEADING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Latoya Clark President | 3 | $0 | |
Amy Chaney Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,234 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,705 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,570 |
| Other Revenue | $0 |
| Total Revenue | $42,515 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $24,119 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,746 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,488 |
| Total expenses | $33,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $44,681 |
| Other assets | $0 |
| Total assets | $70,868 |
| Total liabilities | $12,000 |
| Net assets or fund balances | $58,868 |