Optimist International
- Assets
- $105.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wichita Falls, TX
- Founding
- 10/1951
- Data as of
- 09/2023
- EIN
- 75-6036287
Organization Overview
Optimist International is located in Wichita Falls, TX. The organization was established in 1951. 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 09/2023, Optimist International generated $18.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $19.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
John Luig Jr Secretary/treasurer | 5 | $0 | |
David Farabee Director | 1 | $0 | |
Brian Anderle President | 4 | $0 | |
Colby Schwartz First Vice-President | 1 | $0 | |
John Ferguson Director | 1 | $0 | |
Marc Cannedy Second Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,731 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $267 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,558 |
| Other Revenue | $32 |
| Total Revenue | $18,588 |
| 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 | $244 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,974 |
| Total expenses | $19,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,472 |
| Other assets | $0 |
| Total assets | $105,736 |
| Total liabilities | $85 |
| Net assets or fund balances | $105,651 |